Xu Ji Electric's performance forecast for 2020

Xu Ji Electric released the 2020 performance forecast. It is estimated that the net profit of the parent company in 2020 will be 706 million yuan to 760 million yuan, with a year-on-year growth of 50.04% to 61.52%. During the reporting period, the company strengthened its operation and management, and the income from its main business grew steadily. Its profit margin continued to improve, and the gross profit margin of its products steadily increased. These factors all played a role in driving the growth of its performance. Therefore, Xu Ji Electric expected its performance to increase in 2020. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

I can't provide you with Xu Ji Electric's 2020 performance forecast because I don't have access to real-time data and can't find relevant information. If you need to know about Xu Ji Electric's performance, I suggest you check the relevant financial news, stock exchange announcements, or consult professional investment institutions or stock analysts. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

As of July 2023, Xu Ji Electric had not released the 2020 performance forecast. You can follow the relevant financial media or company announcements to get the latest information. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

Xu Ji Electric achieved an operating income of 11.191 billion yuan in 2020, a year-on-year increase of 3.12%. The net profit was 716 million yuan, up 52.16% year-on-year. In 2023, the company's operating income was 17.061 billion yuan, up 13.51% year-on-year, and the net profit was 1.005 billion yuan, up 28.03% year-on-year. In the first half of 2023, Xu Ji Electric achieved revenue of 7.114 billion yuan, up 16.06% year-on-year. In the first quarter of 2024, the company's total operating income was 2.81 billion yuan, a year-on-year decrease of 15.09%. The net profit of the parent company was 237 million yuan, up 47.39% year-on-year. Overall, Xu Ji Electric had performed well in the past few years and achieved continuous growth. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

Shangneng Electric Co., Ltd.(stock code: 300827) released the 2020 Annual Performance Announcement on January 26,2021. According to the forecast, Shangneng Electric estimated that the net profit attributed to shareholders of listed companies in 2020 would be 165 million yuan-195 million yuan, an increase of 40.21%-62.33% over the same period last year. The net profit after deducting non-repetitive gains and losses was 143 million yuan-173 million yuan, an increase of 61.34%-95.81% over the same period of last year. The basic earnings per share were 1.07 yuan/share-1.32 yuan/share. Reason for the change in performance: 1. During the reporting period, the net profit of the Company, which was attributed to the shareholders of listed companies, increased compared with the same period of last year. - The company increased its market development efforts and optimized its product structure, resulting in an increase in the company's sales revenue and gross profit. - The company continued to increase investment in research and development, continuously optimized product performance, improved product quality, and reduced product costs, further enhancing the company's core competitiveness and competitiveness. 2. During the reporting period, it is estimated that the impact of non-repetitive gains and losses on the net profit attributed to the shareholders of the listed company is about 22 million yuan, mainly government subsidies. Shangneng Electric said that the company's performance in 2020 increased compared with the same period last year, mainly benefiting from the good development trend of the solar industry and the company's continuous investment and continuous optimization in product research and development, market development, brand building and other aspects. In the future, the company will continue to focus on providing high-quality and high-efficiency solar panels to achieve continuous growth in the company's performance. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

Xu Ji Electric performed well in 2023. Its total operating income reached 17.061 billion yuan, up 13.51% year-on-year. The net profit of the parent company was 1.005 billion yuan, up 28.03% year-on-year. The net profit deducted from non-parent companies was 869 million yuan, up 21.82% year-on-year. Xu Ji Electric's new energy and system integration revenue increased significantly by 42.03%. Smart meters, smart medium-voltage power supply equipment, charging and exchanging equipment, and other manufacturing services increased by 12.55%, 15.25%, and 9.42% respectively. The domestic business income was 16.908 billion yuan, up 13.08% year-on-year, and the overseas business income was 153 million yuan, up 98% year-on-year. Overall, Xu Ji Electric's performance was stable and its expenses were well controlled. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

According to the latest announcement, Shangneng Electric is expected to realize a net profit of 250 million yuan to 310 million yuan belonging to shareholders of listed companies in 2023, with a year-on-year growth of 206.5%-280.07%. Based on the closing price on January 30, Shangneng Electric's current price-to-earnings ratio (TTL) was about 27.31 times-33.87 times, the price-to-book ratio (FF) was about 5.24 times, and the price-to-sales ratio (TTL) was about 1.78 times. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

According to the first quarter report of 2021 issued by Xu Ji Electric, the company realized operating income of 2.072 billion yuan in the first quarter, with a year-on-year growth of 35.39%; the net profit attributed to shareholders of listed companies was 87.1688 million yuan, with a year-on-year growth of 26.06%. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

Xu Ji Electric was a well-known electrical equipment manufacturer in China. It was mainly engaged in the research, development, production and sales of power system automaton, protection and control equipment. The company has strong technical strength and market position in the fields of new energy and ultra-high voltage. According to the latest research report, Xu Ji Electric was expected to maintain stable growth in the next few years. The company will continue to benefit from the investment growth in China's power industry, especially in the new energy and UHP fields. In addition, the company would also strengthen the expansion of overseas markets and increase the competitiveness and market share of its products. However, it should be noted that Xu Ji Electric's business also faced some challenges and risks. For example, increased market competition, fluctuations in raw material prices, policy risks, and so on. Therefore, investors needed to pay close attention to the company's performance and market performance, as well as changes in the industry and the macro economic environment, and make wise investment decisions. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!

According to iFinD data, as of July 2023, Xu Ji Electric's dynamic P/E ratio was 26.25, rolling P/E ratio was 23.27, price-to-book ratio was 2.62, and price-to-sales ratio was 1.42. It should be noted that stock prices and valuations are affected by many factors, such as company performance, industry prospects, and the macro economic environment. The investor should conduct a comprehensive analysis and research, and make decisions based on their own investment objectives, risk tolerance, and other factors. While waiting for the TV series, you can also click on the link below to read the classic original work of "Dafeng Nightwatchman"!