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2024 ANNUAL REPORT
2024 Annual Report Summary
2025 First Quarter Report
Wangbian Electric (603191.SH): The net income for 2024 is 65.17 million yuan, a year-on-year decrease of 72.2%.
Gelonghui April 25th丨Wangbian Electric (603191.SH) announced the 2024 annual report, with revenue of 3.35 billion yuan, an increase of 23.3% year-on-year; net income attributable to shareholders of 65.17 million yuan, a decrease of 72.2% year-on-year; net income attributable to shareholders after deducting non-recurring gains and losses of 36.12 million yuan, a decrease of 84.0% year-on-year; EPS of 0.20 yuan.
Some Investors May Be Worried About Chongqing Wangbian Electric (Group)'s (SHSE:603191) Returns On Capital
Wangbian Electric (603191.SH): Has not yet established direct cooperation with Huawei, Tencent, or Alibaba.
On March 11, at the investor interaction platform, Wangbian Electric (603191.SH) stated that the company's power transmission and distribution and control equipment is mainly applied in traditional fields such as electrical utilities, agriculture, industry, commerce, residential electricity use, and infrastructure construction, and can also be used in emerging fields like New energy Fund photovoltaic, wind power, Charging Station, rail transit, Datacenter, and new infrastructure; the oriented silicon steel produced by the company is a magnetic conductive material and is one of the main raw materials for producing transformers, primarily applied in transformer enterprises. As of now, the company has not established direct cooperative relationships with Huawei, Tencent, or Alibaba.
Are Strong Financial Prospects The Force That Is Driving The Momentum In Chongqing Wangbian Electric (Group) Corp., Ltd.'s SHSE:603191) Stock?
