Transsion - Asia Tech Wire

Transsion

2025.02.25

16:16

Transsion Holdings: In 2024, the company achieved total operating revenue of RMB 6,874,329.10 million, an increase of 10.35% over the same period last year; net profit attributable to the parent company's owners was RMB 559,013.70 million, an increase of 0.96% over the same period last year.

16:11

Transsion Holdings: Net profit of 5.59 billion yuan in 2024, a year-on-year increase of 0.96%

Transsion Holdings announced that in 2024, the company achieved total operating revenue of 68.743 billion yuan, a year-on-year increase of 10.35%; operating profit of 6.565 billion yuan, a year-on-year decrease of 2.70%; net profit attributable to the parent company's owners of 5.59 billion yuan, a year-on-year increase of 0.96%; net profit attributable to the parent company's owners after deducting non-recurring gains and losses of 4.609 billion yuan, a year-on-year decrease of 10.21%; basic earnings per share of 4.94 yuan, a year-on-year decrease of 28.20%. At the end of 2024, the company's total assets were 45.281 billion yuan, a decrease of 1.82% from the beginning of the reporting period; owners' equity attributable to the parent company was 20.236 billion yuan, an increase of 12.08% from the beginning of the reporting period; net assets per share attributable to the parent company's owners were 17.75 yuan, a decrease of 20.72% from the beginning of the reporting period.

2025.01.07

14:40

Transsion and Alibaba Cloud enter into partnership on AI phones

Chinese smartphone maker Transsion has entered into a partnership with Alibaba Cloud, the cloud computing arm of Alibaba, for the launch of AI phones.

2025.01.02

09:55

The A-share consumer electronics sector bottomed out and rebounded, with Yidao Information and Fuliwang rising by more than 6%, followed by Spring Electronics, Transsion Holdings and Bestek.

09:53

Consumer electronics sector bottomed out and rebounded, with Yidao Information and Fuliwang rising by more than 6%

The consumer electronics sector hit bottom and rebounded, with Yidao Information and Fuliwang rising by more than 6%, followed by Spring Electronics, Transsion Holdings and Bestek.

2024.12.06

14:36

The consumer electronics sector rose again, with Xiechuang Data rising by more than 19%

The consumer electronics sector rose again, with Xiechuang Data rising by more than 19%, Changying Precision rising by more than 12%, and Chaoyang Technology, Green Precision, and Transsion Holdings following suit.

2024.12.03

07:40

TF Securities: Domestic demand stimulates product cycle resonance, consumer electronics industry chain attracts attention

According to a research report by Tianfeng Securities, the consumer electronics industry chain has ushered in development opportunities due to policy stimulus and product cycle resonance. Jiangsu Province has introduced a 3C product subsidy policy, and Guizhou has expanded the scope of support for old-for-new exchanges, promoting the release of consumer electronics demand. Apple's new round of product cycles is about to start, and innovations such as iOS18.2 will catalyze the improvement of AI experience. Investment advice is to pay attention to companies related to the Apple and Android industry chains, including Luxshare Precision, Lens Technology, and BYD Electronics, and consumer electronics brands include Transsion Holdings and Xiaomi Group. The consumer electronics industry has a promising future driven by policies and innovations.

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