Soochow: The explosion of AI computing power drives the growth of power generation demand, and the gas turbine power generation Industry Chain is expected to benefit significantly.
The demand for AI computing power drives the increase in electricity demand; however, each power supply method for Datacenters has its own shortcomings. It is expected that clean, efficient, and cost-effective gas turbine power generation will become the best choice.
Sinolink: The global economy for gas turbines is improving, and localization continues to advance.
Benefiting from the rapid expansion of the Global AI Datacenter, the demand in the gas turbine Industry has increased. Since 2023, major domestic and international gas turbine manufacturers of complete units or components have seen a rapid growth in Orders/income.
Anhui Yingliu Electromechanical (603308): AI intensifies Electrical Utilities consumption. Bullish on the company's gas turbine Blade Business growth.
The company Grid Strategies released a report in December indicating that driven by the growth of Datacenters and the manufacturing industry, electrical utilities demand in the USA may increase by 128 GW in the next five years, an increase of 15.8%, in the future.
Anhui Yingliu Electromechanical (603308): The non-recurring net margin is stable with an increase, focusing on the growth of the "two-machine" business.
The company's performance in Q3 2024 is slightly below market expectations. The company announced its performance in Q1-Q3 2024: revenue of 1.91 billion yuan, a year-on-year increase of 5.7%, net income attributable to parent company of 0.23 billion yuan, a year-on-year decrease of 6.9%, and non-net income of 0.22 billion yuan, the same.
Yingliu Stock Report for the Third Quarter of 2024
Anhui Yingliu Electromechanical (603308.SH): The net income in the first three quarters was 0.227 billion yuan, a year-on-year decrease of 6.9%.
On October 29, Yingliu Electromechanical (603308.SH) released its third-quarter report, with a revenue of 1.91 billion yuan in the first three quarters, a year-on-year increase of 5.72%, a net income of 0.227 billion yuan, a year-on-year decrease of 6.9%, a non-GAAP net income of 0.22 billion yuan, a year-on-year increase of 11.59%, and basic earnings per share of 0.33 yuan.
Express News | Anhui Yingliu Electromechanical: The net income for the third quarter was 74.874 million yuan, a year-on-year decrease of 8.75%.
Anhui Yingliu Electromechanical (603308): Significant increase in contract liabilities, with quarter-on-quarter improvement in performance in the third quarter.
Performance brief on October 29th, the company released the third quarter report of 2024, with the company achieving revenue of 1.91 billion yuan in 24Q1-Q3, +5.72% year-on-year; achieving a net income attributable to the parent of 0.227 billion yuan, -6.90% year-on-year.
Anhui Yingliu Electromechanical (603308.SH): Planning to register and issue medium-term notes and commercial paper.
Gelonghui October 23 | Anhui Yingliu Electromechanical (603308.SH) announced that the company plans to apply to the China Foreign Exchange Trading System & National Interbank Funding Center to register for the issuance of medium-term notes and ultra-short-term financing bonds. The proposed registration amount for the medium-term notes this time shall not exceed RMB 2.5 billion (including RMB 2.5 billion); the proposed registration amount for the ultra-short-term financing bonds this time shall not exceed RMB 0.5 billion (including RMB 0.5 billion).
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Express News | Anhui Yingliu Electromechanical: Independent Director Wang Yuying increased shareholding of 3,000 shares.
Anhui Yingliu Electromechanical (603308): Non-deductible profit growth, high growth in both machinery and nuclear power businesses.
The company released its semi-annual report for 2024, with revenue of 1.268 billion yuan, a year-on-year increase of +7.12%, and net income attributable to shareholders of 0.152 billion yuan, a year-on-year decrease of -5.95%, achieving non-recurring net income
Anhui Yingliu Electromechanical (603308): "Two industries, two machines" to reach a new level, opening up growth space for low-altitude economy.
2024H1: 1) Achieved revenue of 1.268 billion yuan, +7.12% year-on-year; achieved net income attributable to the parent company of 0.152 billion yuan, -5.95% year-on-year; achieved non-recurring net income attributable to the parent company of 0.149 billion yuan, +13.61% year-on-year
Anhui Yingliu Electromechanical (603308): 24H1 revenue stable growth, continuous breakthrough in low-altitude business.
Event: The company has released its 2024 interim report, with 1.268 billion yuan in revenue for the first half of the year, an increase of 7.12% year-on-year. Net income attributable to the parent company is 0.152 billion yuan, a decrease of 5.95% year-on-year. Among them, Q2 2024 revenue
Anhui Yingliu Electromechanical (603308): stable growth of nuclear power, poised for takeoff in low-altitude general aviation.
Event: The company has released its semi-annual report for 2024. In the first half of 2024, the company achieved a revenue of 1.268 billion yuan, a year-on-year increase of 7.12%. It achieved a net income attributable to the parent company of 0.152 billion yuan, a year-on-year decrease of 5.95%.
Yingliu Co., Ltd. Report for the first half of 2024
Summary of Yingliu Co., Ltd. Report for the first half of 2024
Anhui Yingliu Electromechanical (603308.SH): net income in the first half of the year was 0.152 billion yuan, a year-on-year decrease of 5.95%.
Anhui Yingliu Electromechanical (603308.SH) announced its half-yearly report for 2024, with the company's revenue reaching 1.268 billion yuan, a year-on-year increase of 7.12%; net income attributable to shareholders was 0.152 billion yuan, a year-on-year decrease of 5.95%; non-GAAP net income was 0.149 billion yuan, a year-on-year increase of 13.61%; basic earnings per share was 0.22 yuan.
Anhui Yingliu Electromechanical (603308.SH) released its semi-annual performance, with a net income of 0.152 billion yuan, a year-on-year decrease of 5.95%.
Anhui Yingliu Electromechanical (603308.SH) released its 2024 interim report, reporting revenue of 12.6 million during the reporting period...
Anhui Yingliu Electromechanical (603308): The two-machine business is growing rapidly, opening up future space for low-altitude economy.
Performance Summary In August 27th, the company released its mid-year report for 2024, with a revenue of 1.268 billion yuan, up 7.12% year-on-year, and a net income of 0.152 billion yuan attributable to shareholders, down 5.95% year-on-year. The company's second quarter of 2024