Futu News reported on November 5 that $JOYSON ELEC (00699.HK)$ The grey market price has fallen by 4.55%, currently at HKD 21 per share, with each lot consisting of 500 shares. Excluding handling fees, a loss of HKD 500 per lot is incurred.
Source of market data: Futu Securities
Company Overview
Joyson Electronic is a provider of intelligent automotive technology solutions, offering advanced products and solutions in key areas of the automotive components industry, primarily including automotive electronics and automotive safety. The company focuses on the research, development, manufacturing, and sales of automotive components. In 2024, it ranked 41st in the global automotive components industry. According to Frost & Sullivan, the company is also the second-largest supplier of passive automotive safety products in both China and globally by revenue.
Joyson Electronic provides automotive electronics solutions, automotive safety solutions, and other automotive components. Its automotive electronics solutions mainly include automotive intelligence solutions, new energy management system solutions, and human-machine interaction products. The company’s automotive safety solutions primarily provide airbags, seat belts, smart steering wheels, and integrated safety solutions. Other automotive components mainly include cockpit components and electric vehicle charging and distribution systems. As a Tier 1 supplier, the company offers comprehensive technical support and closely collaborates with original equipment manufacturers throughout the product development process.
Financial Overview
Joyson Electronic achieved overall stable growth during the recorded performance period. The company's revenue increased from RMB 49,793.4 million in 2022 to RMB 55,728.5 million in 2023, representing an increase of RMB 5,935.1 million or 11.9%, and further rose by RMB 135.1 million or 0.2% to RMB 55,863.6 million in 2024. Gross profit grew from RMB 5,542.0 million in 2022 to RMB 8,056.9 million in 2023, and further increased to RMB 9,063.7 million in 2024.
The golden season for subscribing to new stocks has arrived! Subscribe to new stocks with Futu, with 0 interest, 0 handling fees, and 0 cash subscription. Participate in the event now for a chance to have your new stock subscription fees waived for 1 year.Come and experience it now >>
Note: This activity is exclusively available to users in the Hong Kong region.
Editor/Hao
