Kede CNC: The repeat order rate for the new five-axis linkage CNC machine tool is approximately 41%.

date
09/05/2025
CNC Co., Ltd. stated at the 2024 performance and cash dividend explanation meeting that in 2024, the company's new signed orders increased by about 24% year-on-year. In the domestic new signed orders, aerospace accounted for about 53%, with a year-on-year growth of about 10%, universities accounted for 12%, mechanical equipment accounted for about 11%, energy accounted for about 10%, automotive accounted for about 6%, and weapons, ships, knives, and other equipment accounted for about 8% in total. The reorder rate for five-axis CNC machine tool new signed orders is about 41%, with private enterprises accounting for about 74%. The company's main business gross profit margin is 42.87%, significantly higher than industry peers. With the rapid growth of the company's business scale, scale effects have become apparent, and the period expense ratio has decreased by 3.01% year-on-year, maintaining a good growth trend in the company's operating performance.