Huaming Power Equipment Likely to Face Limited Disruption From U.S. Tariffs -- Market Talk

Dow Jones

Apr 15, 2025

0749 GMT - Huaming Power Equipment's impact from U.S. reciprocal tariffs is likely limited, Nomura's Ethan Zhang says, citing the company. The Chinese voltage regulation solutions provider's revenue from the U.S. market is low, at levels less than 5%, the analyst notes. The company has achieved over 80% self-production of components, and is capable of fully localizing its supply chain in China, thereby enabling production costs to have low exposure to tariffs' impact, according to management. However, Nomura cuts its 2025-2026 earnings forecasts for the company by 6%-7% to partly reflect higher-than-expected depreciation expenses. Nomura in a research report lowers the stock's target price to CNY18.00 from CNY21.00 with an unchanged buy rating. Shares closed 2.1% lower at CNY13.96. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 15, 2025 03:49 ET (07:49 GMT)

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The Chinese voltage regulation solutions provider's revenue from the U.S. market is low, at levels less than 5%, the analyst notes. The company has achieved over 80% self-production of components, and is capable of fully localizing its supply chain in China, thereby enabling production costs to have low exposure to tariffs' impact, according to management. However, Nomura cuts its 2025-2026 earnings forecasts for the company by 6%-7% to partly reflect higher-than-expected depreciation expenses. Nomura in a research report lowers the stock's target price to CNY18.00 from CNY21.00 with an unchanged buy rating. Shares closed 2.1% lower at CNY13.96. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2025 03:49 ET (07:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Huaming Power Equipment Likely to Face Limited Disruption From U.S. Tariffs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHuaming Power Equipment Likely to Face Limited Disruption From U.S. Tariffs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-15 15:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0749 GMT - Huaming Power Equipment's impact from U.S. reciprocal tariffs is likely limited, Nomura's Ethan Zhang says, citing the company. The Chinese voltage regulation solutions provider's revenue from the U.S. market is low, at levels less than 5%, the analyst notes. The company has achieved over 80% self-production of components, and is capable of fully localizing its supply chain in China, thereby enabling production costs to have low exposure to tariffs' impact, according to management. However, Nomura cuts its 2025-2026 earnings forecasts for the company by 6%-7% to partly reflect higher-than-expected depreciation expenses. Nomura in a research report lowers the stock's target price to CNY18.00 from CNY21.00 with an unchanged buy rating. Shares closed 2.1% lower at CNY13.96. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2025 03:49 ET (07:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4234","symbol_name":"特殊用途房地产信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527451315","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527451315","pubTimestamp":1744703340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0749 GMT - Huaming Power Equipment's impact from U.S. reciprocal tariffs is likely limited, Nomura's Ethan Zhang says, citing the company. The Chinese voltage regulation solutions provider's revenue from the U.S. market is low, at levels less than 5%, the analyst notes. The company has achieved over 80% self-production of components, and is capable of fully localizing its supply chain in China, thereby enabling production costs to have low exposure to tariffs' impact, according to management. However, Nomura cuts its 2025-2026 earnings forecasts for the company by 6%-7% to partly reflect higher-than-expected depreciation expenses. Nomura in a research report lowers the stock's target price to CNY18.00 from CNY21.00 with an unchanged buy rating. Shares closed 2.1% lower at CNY13.96. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4234":"特殊用途房地产信托","BK4084":"特种房地产投资信托","002270":"华明装备","BK0224":"电气机械","PW":"Power REIT","BK0028":"国家队"},"translate_title":"华明电力设备可能面临美国关税的有限干扰——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1,"002270":0.9},"content_text":"0749 GMT - Huaming Power Equipment's impact from U.S. reciprocal tariffs is likely limited, Nomura's Ethan Zhang says, citing the company. The Chinese voltage regulation solutions provider's revenue from the U.S. market is low, at levels less than 5%, the analyst notes. The company has achieved over 80% self-production of components, and is capable of fully localizing its supply chain in China, thereby enabling production costs to have low exposure to tariffs' impact, according to management. However, Nomura cuts its 2025-2026 earnings forecasts for the company by 6%-7% to partly reflect higher-than-expected depreciation expenses. Nomura in a research report lowers the stock's target price to CNY18.00 from CNY21.00 with an unchanged buy rating. Shares closed 2.1% lower at CNY13.96. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 15, 2025 03:49 ET (07:49 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}