Stock 688697 NEWAY CNC EQUIPMENT (SUZHOU) CO., LTD.
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Company Neway CNC Equipment (Suzhou) Co., Ltd.

Equities

688697

CNE100005063

Industrial Machinery & Equipment

End-of-day quote Shanghai S.E.
Other stock markets
 18:00:00 2024-06-26 EDT 		5-day change 1st Jan Change
15.66 CNY -3.21% Intraday chart for Neway CNC Equipment (Suzhou) Co., Ltd. -5.03% -16.83%
04-25 Neway CNC Equipment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
02-22 Neway CNC Equipment Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Business Summary

Neway CNC Equipment Suzhou Co Ltd is a China-based company engaged in the research and development (R&D), production and sales of medium and high-grade numerical control machine (CNC) machine tools. The Company's products mainly include large machining centers, vertical CNC machine tools, horizontal CNC machine tools and other main product categories. The large machining centers mainly include fixed column gantry machining centers, overhead bridge gantry machining centers, CNC boring and milling machines and other series models. The vertical CNC machine tools include high-speed vertical machining centers, motorized spindle vertical machining center series and other series models. The horizontal CNC machine tools include high-speed horizontal machining centers, high-efficiency horizontal machining centers, inclined bed CNC horizontal lathe series and other series models. The Company's products are exported to the United States, Germany, Britain, Italy and other countries and regions.

Number of employees: 1,241

Sales per Business

CNY in Million2022Weight2023Weight Delta
Large Machining Center
41.3 %
834 45.2 % 959 41.3 % +14.98%
Horizontal Numerical Control System Machine Tool
29.8 %
488 26.4 % 692 29.8 % +41.83%
Vertical Numerical Control System Machine Tool
27.8 %
498 27.0 % 646 27.8 % +29.72%
Other
0.5 %
11 0.6 % 12 0.5 % +14.37%
Other Machine Tools and Accessories
0.5 %
15 0.8 % 12 0.5 % -20.18%

Sales per region

CNY in Million2022Weight2023Weight Delta
China
69.6 %
1,504 82.0 % 1,616 69.6 % +7.46%
Overseas
30.4 %
331 18.0 % 705 30.4 % +112.99%

Managers

Managers TitleAgeSince
Chun You Hu CEO
 Chief Executive Officer 50 08-02-17
Li Qing Hong DFI
 Director of Finance/CFO 51 20-05-30
Qin Yan CHM
 Chairman 43 14-12-31
Guo Xin Guo CHM
 Chairman 55 06-12-31
Hui Jian Lu CTO
 Chief Tech/Sci/R&D Officer 42 07-12-31
Dong Hua Xu BRD
 Director/Board Member 43 06-12-31
Jiu Long Wang BRD
 Director/Board Member 42 06-12-31

Members of the board

Members of the board TitleAgeSince
Guo Xin Guo CHM
 Chairman 55 06-12-31
Chun You Hu CEO
 Chief Executive Officer 50 08-02-17
Fu Zhong Huang BRD
 Director/Board Member 64 20-05-25
Lan Ping Zhu BRD
 Director/Board Member 63 20-05-25
Ya Hong Ma BRD
 Director/Board Member 54 20-05-25
Qin Yan CHM
 Chairman 43 14-12-31
Jiu Long Wang BRD
 Director/Board Member 42 06-12-31
Dong Hua Xu BRD
 Director/Board Member 43 06-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 326,666,700 81,666,700 ( 25.00 %) 0 25.00 %

Shareholders

NameEquities%Valuation
GF Fund Management Co., Ltd.
2.222 %
1,542,392 2.222 % 4 M ¥
Orient Securities Asset Management Co. Ltd.
1.879 %
1,304,173 1.879 % 3 M ¥
China Southern Asset Management Co., Ltd.
1.641 %
1,139,169 1.641 % 3 M ¥
JX Asset Management Co.,Ltd
1.204 %
835,873 1.204 % 2 M ¥
Gfund Management Co., Ltd.
1.158 %
803,990 1.158 % 2 M ¥
HSBC Jintrust Fund Management Co. Ltd.
0.9956 %
691,104 0.9956 % 2 M ¥
China Asset Management Co., Ltd.
0.8989 %
623,985 0.8989 % 2 M ¥
Zheshang Fund Management Co., Ltd.
0.5585 %
387,700 0.5585 % 956 405 ¥
Shanghai Guotai Junan Securities Assets Management Co., Ltd.
0.5236 %
363,489 0.5236 % 896 680 ¥
Da Cheng Fund Management Co., Ltd.
0.5042 %
350,000 0.5042 % 863 405 ¥

Company contact information

Neway CNC Equipment (Suzhou) Co., Ltd.

69, Xunyangjiang Road Tong'an Town

215153, Suzhou

+

http://www.newaycnc.com
address Neway CNC Equipment (Suzhou) Co., Ltd.(688697)

Sector

Industrials
Industrial Goods
Machinery, Equipment & Components
Industrial Machinery & Equipment
Other Industrial Machinery & Equipment

Sales per Business

Sales per region

Ratings for Neway CNC Equipment (Suzhou) Co., Ltd.

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
15.66 CNY
Average target price
25.72 CNY
Spread / Average Target
+64.21%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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