Changshu Bank (601128) Interim Review: Strong Results, High Spreads

Changshu Bank (601128) Interim Review: Strong Results, High Spreads Event: Changshu Bank disclosed 2019 interim results. 1H19 achieved operating income of 31. 200 million, an increase of 13 in ten years. 6%; net profit attributable to mother 8. 50,000 yuan, an annual increase of 20. 2%, in line with our expectations. The non-performing ratio inRead More

Kouzijiao (603589) 2018 Annual Report and 2019 First Quarterly Report Comment: High-end products keep growing rapidly

Kouzijiao (603589) 2018 Annual Report and 2019 First Quarterly Report Comment: High-end products keep growing rapidly Investment Highlights: Event: The company released its 2018 annual report and 2019 first quarter report. Total operating income in 2018 was 42. 690,000 yuan, an annual increase of 18. 5%; net profit attributable to mother 15. 3.3 billion, anRead More

Ziguang shares (000938) follow-up review

Ziguang shares (000938) follow-up review The company is a leader in 5G cloud computing and traffic, and its business matches the operator’s 5G network cloud transformation in a natural way. The company has successively won the operator’s symbolic bids, which is in line with our proposed logic of operator horse race enclosure.Overseas channels are expectedRead More

Long Eagle Reliability (002664): Q3 improved quarter by quarter, single quarter growth significantly exceeded market expectations

Long Eagle Reliability (002664): Q3 improved quarter by quarter, single quarter growth significantly exceeded market expectations Event: On October 21, the company released three quarterly reports: the third quarter realized revenue 7.31 ppm, an increase of 15 in ten years.83%; net profit attributable to mother 0.850,000 yuan, an increase of 34 in ten years.66%; revenueRead More

Yonghui Supermarket (601933): omni-channel operation capacity steadily improves the leader of fresh supermarkets to fight for the strongest

Yonghui Supermarket (601933): omni-channel operation capacity steadily improves the leader of fresh supermarkets to fight for the strongest The company’s recent situation We recently researched some of the company’s stores, catalyzed by the concentration of festivals at the end of the year, and improved passenger flow performance. At the same time, the company’s consolidated CPIRead More

Huayu Automobile (600741): Gross profit margin reverses market improvement and electric grid-connected business gains multiple fixed-point projects

Huayu Automobile (600741): Gross profit margin reverses market improvement and electric grid-connected business gains multiple fixed-point projects The core point of view is better than market expectations. The first half of the year realized operating income of 705. 63 ppm, with a ten-year average of 13. 6%, net profit attributable to mother 33. 64 ppm,Read More