SANY Heavy Energy's net income in 2024 dropped by 9.70%, and the 10MW platform with a 230-meter wind turbine series has been delivered in bulk.
① The company stated that in response to the development opportunities in the domestic and Global wind power Industry, by the end of 2024, the domestic Orders on hand will exceed 24GW; ② The domestic market revenue is growing rapidly, mainly benefiting from the expansion of installed capacity for onshore wind turbines and the company's enhanced competitiveness in the grid parity market.
Feiwo Technology: Q1 revenue in 2025 soared by 87.63%, and losses significantly narrowed to 2.6658 million yuan.
Feiwo Technology Q1 2025: Revenue surged by 87.63%, significant reduction in losses, initial results of strategic transformation. Key highlights include a substantial increase in revenue: Q1 2025 revenue reached 0.446 billion yuan, a year-on-year surge of 87.63%, mainly driven by a significant increase in sales of fastener products. Notable reduction in losses: net loss decreased to 2.6658 million yuan, an 89.19% year-on-year reduction, with earnings per share loss reduced from 0.46 yuan to 0.04 yuan. Improvement in gross margin: optimization of sales structure and a reduction in inventory write-downs by 41.84%, indicating a trend of rising product prices. Increased investment in R&D: R&D expenses grew by 41.28%.
The wind power industry peaks early; Dajin Heavy Industry's Q1 revenue grew by 146% year-on-year | Interpretations
① Due to the increase in shipment volume, Dajin Heavy Industry's revenue and profit in the first quarter have significantly increased year-on-year; ② Industry insiders indicate that the peak season for the wind power Industry in 2025 is arriving earlier than in previous years, with many companies in the Industry reporting a year-on-year increase in shipment volume.
In 2024, the electric wind power sector reported a loss of 0.785 billion yuan, a reduction in loss compared to the previous year.
1. The electrical wind power indicates that in 2024, the company will reduce product costs by promoting product large-scale production and lowering supply chain costs, leading to improved gross margin on sales orders, with a reduction in Net income for 2024; 2. Regarding income by region, in 2024, the company's foreign wind turbine sales revenue was 1.309 billion yuan, accounting for 12.62% of the main Business revenue.
Brokerage morning meeting highlights: It is recommended to pay attention to companies in the humanoid robot industry that have the capability for low stock price bulk supply of components.
In today's Brokerage morning meeting, China Securities Co.,Ltd. suggested focusing on companies in the humanoid robot Industry that have the capacity for low stock price mass supply of components; Tianfeng stated that the wind turbine Sector will undergo a value reassessment; Galaxy Securities believes that the peak season de-stocking turning point in the non-ferrous Industry is emerging, and the spring market is expected to unfold.
The competition in the wind power industry has reached the component sector, and Tongyu Heavy Industry expects to incur losses in the peak season of Q4 last year. | Interpretations
On the evening of the 21st, Tongyu Heavy Industry announced that it expects a significant decline in performance of about 80% in 2024. According to the company's forecast data, there will be losses in the normally busy fourth quarter. The company stated that intensified competition in the wind power industry and falling product prices have greatly impacted its performance.