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shanghai yanpu metal products (605128): Seat frame platform transformation, future growth entering the fast lane
Investment highlights in a sentence: Leading domestic auto seat frame, platform-based transformation to unlock growth potential, expected increase in per vehicle value and market share to drive performance beyond expectations. Where is the company's expected shortfall? (1) The market believes: the company's main business is seat frames.
Shanghai Yanpu Metal Products Co., Ltd. Report for the Third Quarter of 2024
Shanghai Yanpu Metal Products (605128): Rapid increase in downstream customer orders, improved capacity utilization driving gross margin improvement.
Investment highlights: Shanghai Yanpu Metal Products released the report for the first three quarters of 2024. (1) Q1-Q3 2024: Revenue of 1.499 billion yuan, a year-on-year increase of 46.97%; net income attributable to the parent company of 0.108 billion yuan, a year-on-year increase of 7.
Shanghai Yanpu Metal Products (605128): Creating a new cooperative model in the skeleton business to explore new growth space in the areas of expertise.
Investment Highlights: In 2024 Q1-Q3, the company achieved revenue of 1.499 billion yuan, a year-on-year increase of +46.97%, net income attributable to the parent company of 0.108 billion yuan, a year-on-year increase of +70.51%, and non-net income attributable to the parent company of 0.103 billion yuan.
shanghai yanpu metal products (605128) Series Review 8: Continued high growth in performance in the third quarter of 2024, customer product dual expansion
Event: The company disclosed its Q3 financial report for 2024: the revenue for the first three quarters of 2024 was 1.499 billion yuan, a year-on-year increase of +46.97%; net income attributable to the parent company was 0.108 billion yuan, a year-on-year increase of +70.51%; net income attributable to non-parent company after deductions
Shanghai Yanpu Metal Products' January-September Profit Jumps 70%
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