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BackAccurate August revenue was 1.137 billion yuan, an annual increase of more than 100%, setting a new monthly high
Accurate August revenue was 1.137 billion yuan, an annual increase of more than 100%, setting a new monthly high
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自由时报50 minutes agoBusiness1 min readChinaView original

Accurate August revenue was 1.137 billion yuan, an annual increase of more than 100%, setting a new monthly high

preciseRevenuebattery box

Quick Look

  • Battery box factory Precision (3162)'s consolidated revenue in August was 1.137 billion yuan, an annual increase of 101.19%, setting a record high in single-month revenue.
  • It benefited from the increase in production capacity of European and Chinese factories and the three main growth pillars of new energy vehicle battery boxes, automation equipment and AI liquid cooling.
  • The stock price rose by more than 5% in early trading.

AI-generated summary

Why It Matters

Accurate is a battery box manufacturer. Its main customers include international car manufacturers such as Volkswagen and Hyundai Motor. In recent years, it has deployed new energy vehicle parts and AI cooling products.

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Battery box factory Precision (3162)'s consolidated revenue in August was 1.137 billion yuan, an annual increase of 101.19%, setting a new record for single-month revenue. The stock price surged by more than 5% in early trading today. As of 9:47, the stock price was temporarily reported at 73.1 yuan, an increase of 3.5 yuan, with a trading volume of 731 contracts.

The precise total from January to August reached 6.544 billion yuan, an increase of 33.42% over the same period last year. Orders related to Volkswagen and Hyundai continued to increase, which led to a significant increase in the capacity utilization rate and revenue of European factories, becoming an important driving force for the company's overall revenue growth.

The Guangzhou and Huzhou factories in China have maintained good growth momentum with the steady shipment of customer orders and AI liquid cooling products.

Accurate said that as the activity of factories in Europe and China continues to heat up, Accurate simultaneously grasps the three main growth axes of new energy vehicle battery boxes, automated production equipment and AI liquid cooling, and its operations this year are expected to maintain a growth trend.

What to Watch

AI outlook — possibilities, not facts

  • Accurate September revenue will maintain double-digit growth

    Possible · Within months

Open Questions

  • Determine whether revenue growth in September and the fourth quarter can maintain the current momentum
  • Market penetration rate and gross profit margin contribution of AI liquid cooling products
  • Is the increase in capacity utilization of European and Chinese factories sustainable?

Related Topics

precise
PeopleYang Yamin
OrganizationsVolkswagenmodern car
PlacesTaipeiGuangzhouHuzhou
TopicsRevenuebattery boxNew energy vehiclesAI liquid coolingVolkswagenmodern car
This article was originally published by 自由时报.

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