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Fenghua Advanced Technology Expects Up to 71% Fall in 2022 Profit


MT Newswires 2023

All news about GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO., LTD.

Sales 2022 3 924 M
578 M
578 M
Net income 2022 509 M
75,1 M
75,1 M
Net cash 2022 133 M
19,6 M
19,6 M
P/E ratio 2022 38,8x
Yield 2022 –
Capitalization 20 363 M
3 002 M
3 002 M
EV / Sales 2022 5,16x
EV / Sales 2023 3,65x
Nbr of Employees 8 684
Free-Float 66,6%

Chart GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO., LTD.



Duration :


Period :




Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Technical Analysis Chart | MarketScreener

Technical analysis trends GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO., LTD.

Short Term Mid-Term Long Term
Trends Bullish Neutral Bearish

Income Statement Evolution

Sell

Buy

Mean consensus BUY
Number of Analysts 3
Last Close Price 17,60 CNY
Average target price 16,35 CNY
Spread / Average Target -7,10%


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Morton College Offers Top-Notch Automotive Technology Programs – Shaw Local

If you’re interested in a career in the automotive industry, Morton College offers a variety of programs to help you achieve your goal! “We offer three Career Certificates, including Maintenance and Light Repair, Automotive Service, and Automotive Technology,” explained Don Sykora, Automotive Technology Instructor for Morton College. “These certificates lead to an Associate in Applied Science degree in Automotive Technology.”

According to Sykora, who has over thirty years of automotive experience and is an ASE Certified Master Automobile Technician, students can expect to receive a combination of classroom theory and hands-on practical learning. “This format allows students to become familiar with how a vehicle functions, and how to properly perform diagnoses and repairs as needed,” he said. “Desired credentials are earned throughout the curriculum, and include certifications from industry-recognized names like the Ford Motor Company, Subaru of America, ASE, and SnapOn Tools.”

With the increasing demand for automotive technicians, there are a variety of opportunities available to students. “Current advances in technology create an exciting atmosphere, and provide a rewarding experience for technicians in the workplace,” added Sykora. “While in our program, many students are actively recruited and hired by our Ford dealership partners through hiring events. Students typically work part-time while completing their academic work, and become full-time employees upon completion of their certificates or degree.”

Morton College’s Automotive Technology Program is accredited by the ASE Education Foundation, which ensures all components of the program align with current industry standards. “All of our instructors have decades of experience in the field, and they focus on equipping students with the skills needed to be successful in the automotive industry,” said Sykora. “New technologies are driving the industry, and Morton College is taking the steps to provide students with the knowledge and understanding they will need to embark upon successful careers.”

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BBCVehicle thefts and carjackings spike in major US cities – reportThe Council on Criminal Justice (CCJ) data found motor thefts doubled in eight of the cities surveyed. The average increase between 2019 and….11 hours ago

BBCVehicle thefts and carjackings spike in major US cities – reportThe Council on Criminal Justice (CCJ) data found motor thefts doubled in
eight of the cities surveyed. The average increase between 2019 and….11 hours ago
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Transcript: Why Corporate America Still Runs on Ancient Software That Breaks

Southwest Airlines had a disastrous holiday season, thanks in part to a software bug that left crews out of place and grounded thousands of flights. But Southwest isn’t alone in having software in the headlines lately. The New York Stock Exchange recently had a software error that caused weird pricing on stocks and the FAA had its own computer issue that grounded planes earlier this month. So what’s the deal with corporate software? Why do these crashes happen? And why does the user experience typically leave something to be desired? On this episode of the podcast we speak with Patrick McKenzie, an expert on engineering and infrastructure, who writes the Bits About Money newsletter and recently left payments company Stripe after six years. We talked about the challenges of keeping any software system alive after years of upgrades and updates, the distribution of tech talent across industries, and whether non-tech companies can close the gap with Silicon Valley. This transcript has been lightly edited for clarity.

Omny Studio: Why Corporate America Still Runs on A…

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Rajesh Exports update on its foray into advanced technology energy solutions business




Rajesh Exports announced the signing of a tripartite agreement with the Ministry of Heavy Industries (Govt. of India), Department of Industries and Commerce (Govt. of Karnataka) and ACC Energy Storage (100% subsidiary of the company) paving the way of the company’s foray into advanced technology energy solutions business.

Rajesh Exports has been selected by the Govt. of India as one among the three successful participants in the Rs. 18,100 crore PLI Scheme for production of advanced chemistry cells.

As per the requirement of the PLI Scheme Rajesh Exports has incorporated a 100% subsidiary in the name of ACC Energy Storage, for execution of the project for manufacture of advanced chemistry lithium ion cells for manufacture of lithium ion batteries.

The tripartite agreement has been executed wherein the Ministry of Heavy Industries, Govt. of India has assured of all the required support for setting up of 5 GWhr giga factory. The Department of Industries and Commerce, Government of Karnataka has also assured all the required support and tailor made incentive package for setting up the Giga factory and ACC Energy Storage has undertaken to execute the project within the required time limit.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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AIM GroupAutomotive Ventures names Cox Auto vet Paul Whitworth as …Before Trader, Whitworth spent a decade at Cox Automotive, holding leadership roles at Kelley Blue Book and the dealer-tech subsidiaries….8 hours ago

AIM GroupAutomotive Ventures names Cox Auto vet Paul Whitworth as …Before Trader, Whitworth spent a decade at Cox Automotive, holding
leadership roles at Kelley Blue Book and the dealer-tech subsidiaries….8 hours ago
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‘American Auto’ Creator Teases More ‘Complex Issues’ for Payne Motors in Season 2

It’s wheels up on Season 2 of the zippy comedy, American Auto, set at fictional car manufacturer Payne Motors, and the staff is anything but idle.

The opener picks up after Season 1’s finale landed new CEO Katherine Hastings (Ana Gasteyer) in hot water; she’s gasping for dignity following an ill-fated TV profile that exposed her role in hiding a defect of one of the company’s cars.

Jon Barinholtz and Ana Gasteyer in 'American Auto' Season 2

(Credit: Greg Gayne/NBC)

Now that the public knows of the wrongdoing, “it’s about how Katherine and the rest of the group react to the stress of a scandal that just keeps getting worse,” says creator Justin Spitzer. It doesn’t help that Katherine still has no idea how the automotive industry operates, having come from Big Pharma.

Thankfully, her previously peeved team — including CCO Sadie (Harriet Dyer), social-media-savvy assistant Dori (X Mayo), and vapid Payne heir Wesley (Jon Barinholtz) — has finally embraced the boss’ vehicular ineptitude and is invested in helping save the company.

That should also help with issues coming down the pike for Payne. “[A lot] of our episodes come from them trying to resurrect their image, while contending with complex issues of workplace discrimination, women’s rights, environmentalism, and geopolitics,” Spitzer explains. “There’s almost no topic that a corporation this big doesn’t have to deal with.”

Don’t even get us started on gas prices.

American Auto, Season Premiere, Tuesday, January 24, 8:30/7:30c, NBC

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Rockwell Automation Inc. stock underperforms Tuesday when compared to competitors despite daily gains

Shares of Rockwell Automation Inc.
ROK,
+0.86%
inched 0.86% higher to $277.98 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.31%
rising 0.31% to 33,733.96 and the S&P 500 Index
SPX,
-0.07%
falling 0.07% to 4,016.95. This was the stock’s third consecutive day of gains. Rockwell Automation Inc. closed $28.94 below its 52-week high ($306.92), which the company achieved on January 25th.

The stock underperformed when compared to some of its competitors Tuesday, as Honeywell International Inc.
HON,
+1.21%
rose 1.21% to $206.93. Trading volume (688,366) eclipsed its 50-day average volume of 676,645.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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Uncovering Mayan mysteries with new technology


Tech

Technology is revealing new details about an old civilization. The ancient Maya are known for a number of historic advances they developed 2,000 years ago. Now, a research team based in Guatemala is drilling down on new findings from even earlier times. Ross Lord reports.

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Saudi Aramco’s Venture Arm Backs Japanese Drone Tech Startup

(Bloomberg) — Saudi Aramco’s early-stage investment fund is backing a Japanese startup that develops software for drones, as the world’s biggest oil company pursues new technologies.

State-backed Saudi Arabian Oil Co.’s Wa’ed Ventures said it will invest $14 million in Tokyo-based Terra Drone Corp., which designs software to help drones inspect and monitor pipes, tanks and other confined spaces. It’s the $200 million fund’s first investment in East Asia.

Wa’ed Ventures targets technologies it believes could bring new business to Saudi Arabia, which seeks to diversify revenue sources beyond oil. The fund is betting that Terra Drone will localize technological development in Saudi Arabia and help achieve Crown Prince Mohammed Bin Salman’s ambition to make the country a local hub for advanced technologies. 

With a portfolio of more than 50 companies, Wa’ed Ventures is part of a national push to step up tech investments. Aramco owns another investment arm called Aramco Ventures, which manages bigger funds including the $1 billion Prosperity7 fund. The kingdom’s Public Investment Fund recently increased its stake in gaming giant Nintendo Co., while making a sizable investment in South Korea’s Kakao Entertainment Corp. 

The Japanese startup plans to use the money to set up an office in Saudi Arabia and help drones conduct inspections of Saudi Aramco’s oil and gas plants and tanks, said Terra Drone Director Teppei Seki. The company wants to hire 100 people there in two to three years, he said. Founded in 2016 as an affiliate of electric motorcycle maker Terra Motors Corp., the company now has offices in the Netherlands, Belgium and Indonesia. 

“We are extremely keen to expand our business to the Middle East,” Seki said in an interview. “This investment places us on the map as one of the world’s top drone companies, something we needed to launch us

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