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Shanghai Guangdian Electric Group Co Ltd

3.75-7.6%1Y · CNY

Shanghai Guangdian Electric Group Co., Ltd. manufactures and sells complete equipment sets and electronic components in China. Its power electronic products include medium- and low-voltage switchgear, high- and low-voltage start-up cabinets, intelligent precision power distribution cabinets, intelligent AC medium-voltage switchgear, marine AC low-voltage switch cabinets, box-type fixed AC and DC switch cabinets, dry-type power transformers, power and control cabinets, lighting boxes, low-voltage complete reactive power compensation devices, active power filter devices, and high-voltage variable frequency speed control devices. Component products include medium- and low-voltage contactors and circuit breakers, intelligent control components, automatic power transfer switches, charging piles, surge protectors, and reactive power compensation devices. The company markets its products under the SGEG, Honeywell, and AEG brands to industries such as electric power, petroleum, chemical, metallurgy, municipal construction, construction, and environmental protection. Founded in 1986, the company is based in Shanghai, China.

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Guangdian Electric reports loss of 28.36 million yuan in first half of 2026

Guangdian Electric announced its 2026 semi-annual report on August 29. In the first half of the year, the company achieved total operating revenue of 519 million yuan, up 30.56 percent year on year, but net profit attributable to the parent company showed a loss of 28.36 million yuan, compared with a profit of 2.34 million yuan in the same period last year. Net profit after deducting non-recurring items was a loss of 32.08 million yuan, compared with a profit of 1.18 million yuan a year earlier. Net cash flow from operating activities was negative 205 million yuan, compared with 26.73 million yuan in the prior-year period. Basic earnings per share were negative 0.0332 yuan, and the weighted average return on net assets was negative 1.19 percent. The company's main businesses are complete equipment and power electronics, and components.
601616.CG · Capital · Negative Net loss of 28.36 million yuan in H1 2026, down from profit of 2.34 million yuan year-on-year.
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Guangdian Electric Plans to Spend 100 Million to 200 Million Yuan on Share Buyback

Guangdian Electric announced that the company plans to repurchase shares through centralized bidding with an amount no less than 100 million yuan and no more than 200 million yuan. The repurchased shares are intended for future employee stock ownership plans or equity incentives, with a repurchase price not exceeding 4.2 yuan per share.
601616.CG · Capital · Positive Company announces share buyback plan of 100-200 million yuan, signaling confidence and supporting stock price.
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GigaDevice Chairman Proposes Up to 2 Billion Yuan Buyback and Share Cancellation

GigaDevice Chairman Zhu Yiming has proposed that the company repurchase A-shares through centralized bidding, with a total amount of no less than 1 billion yuan and no more than 2 billion yuan. After the buyback, the shares will be cancelled in accordance with the law and the registered capital will be reduced. At the same time, Zhu Yiming plans to increase his holdings in the company from December 13, 2026 to July 29, 2027, with an increase amount of no less than 1 billion yuan. Shanghai Guangdian Electric plans to repurchase shares with 100 million to 200 million yuan for an employee stock ownership plan or equity incentives, with a buyback price not exceeding 4.2 yuan per share. Shanghai Phoenix plans to repurchase B-shares with 117 million to 195 million yuan for cancellation, with a buyback price not exceeding 0.575 US dollars per share. The actual controller of ArcSoft has proposed to repurchase shares with 100 million to 150 million yuan for an employee stock ownership plan or equity incentives. In addition, several companies including Xingqi Pharmaceutical, Wondfo Biotech, Rijiu Optoelectronics, Anfu Technology, and Shichuang Energy have collectively disclosed the progress of their first buybacks. Among them, Xingqi Pharmaceutical repurchased 460,200 shares for the first time, paying a total of 18.2997 million yuan; Rijiu Optoelectronics repurchased 2.8 million shares for the first time, paying a total of 29.5839 million yuan.
003015.CS · Capital · Positive Disclosed first buyback progress, repurchased 2.8 million shares for 29.5839 million yuan.
600679.CG · Capital · Positive Plans to repurchase B-shares with 117-195 million yuan for cancellation.
601616.CG · Capital · Positive Plans to repurchase shares with 100-200 million yuan for employee stock ownership plan or equity incentives.
603986.CG · Capital · Positive Chairman proposes up to 2 billion yuan buyback and share cancellation, plus plans to increase holdings by at least 1 billion yuan.
688088.CG · Capital · Positive Actual controller proposes share repurchase of 100-150 million yuan for employee stock ownership plan or equity incentives.
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Guangdian Electric Expects Loss of 22 Million to 38 Million Yuan in First Half of 2026

Guangdian Electric disclosed its earnings forecast, expecting a net loss attributable to shareholders of 22 million to 38 million yuan in the first half of 2026, compared with a profit of 2.34 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 24 million to 40 million yuan, versus a profit of 1.18 million yuan a year earlier. The company said that rising commodity prices pushing up costs and exchange losses from US dollar exchange rate fluctuations are the main reasons for the expected loss. Guangdian Electric's main businesses are complete equipment and power electronics, and components.
601616.CG · Monetary · Negative Exchange losses from US dollar rate fluctuations are a main reason for expected loss.
601616.CG · Supply · Negative Rising commodity prices pushing up costs are a main reason for expected loss.
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