Far East Smarter Energy vs Prysmian SpA: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Far East Smarter Energy Co Ltd (600869.CG)

Q3 202622 Aug – 8 Oct 2026

▲4

Far East Smarter Energy: profit growth, liquid cooling bet, steady orders

Interim profit up 43% despite flat revenue First-half net profit rose 43.13% to 205 million yuan even though revenue was flat at 12.99 billion yuan, and second-quarter profit grew 12% from the first quarter. That shows the company is squeezing more profit from the same sales, which supports the share price.
Profit growth is the core fundamental driver behind the stock's rise.
Acquiring liquid cooling specialist Fudewangwang A subsidiary will pay 216 million yuan for 80% of Huizhou Fudewangwang, a maker of liquid cooling parts for servers, electric vehicles and base stations. The seller promises at least 90 million yuan profit over 2026-2028, adding a new growth business.
This is a new expansion into a hot sector that can lift future earnings.
August orders 1.78 billion yuan, stock hits limit up Subsidiaries won 1.78 billion yuan of orders in August, up 5.4% from a year earlier, bringing first-eight-month orders to 16.54 billion yuan. The stock jumped 10% on September 2 with the market's largest net inflow, showing strong investor demand.
Order wins directly signal future revenue and triggered a sharp price move.
September orders 1.41 billion yuan, mostly strategic clients September contract orders above 10 million yuan each totaled 1.412 billion yuan, including 231 million yuan from power grids and 1.181 billion yuan from other strategic customers. The company says these will help future results, keeping the order pipeline strong.
Fresh order data confirms demand momentum continues into autumn.

September 202622 Aug – 8 Oct 2026

▲4

Far East Smarter Energy: profit growth, liquid cooling bet, steady orders

Interim profit up 43% despite flat revenue First-half net profit rose 43.13% to 205 million yuan even though revenue was flat at 12.99 billion yuan, and second-quarter profit grew 12% from the first quarter. That shows the company is squeezing more profit from the same sales, which supports the share price.
Profit growth is the core fundamental driver behind the stock's rise.
Acquiring liquid cooling specialist Fudewangwang A subsidiary will pay 216 million yuan for 80% of Huizhou Fudewangwang, a maker of liquid cooling parts for servers, electric vehicles and base stations. The seller promises at least 90 million yuan profit over 2026-2028, adding a new growth business.
This is a new expansion into a hot sector that can lift future earnings.
August orders 1.78 billion yuan, stock hits limit up Subsidiaries won 1.78 billion yuan of orders in August, up 5.4% from a year earlier, bringing first-eight-month orders to 16.54 billion yuan. The stock jumped 10% on September 2 with the market's largest net inflow, showing strong investor demand.
Order wins directly signal future revenue and triggered a sharp price move.
September orders 1.41 billion yuan, mostly strategic clients September contract orders above 10 million yuan each totaled 1.412 billion yuan, including 231 million yuan from power grids and 1.181 billion yuan from other strategic customers. The company says these will help future results, keeping the order pipeline strong.
Fresh order data confirms demand momentum continues into autumn.

Latest22 Aug – 8 Oct 2026

▲4

Far East Smarter Energy: profit growth, liquid cooling bet, steady orders

Interim profit up 43% despite flat revenue First-half net profit rose 43.13% to 205 million yuan even though revenue was flat at 12.99 billion yuan, and second-quarter profit grew 12% from the first quarter. That shows the company is squeezing more profit from the same sales, which supports the share price.
Profit growth is the core fundamental driver behind the stock's rise.
Acquiring liquid cooling specialist Fudewangwang A subsidiary will pay 216 million yuan for 80% of Huizhou Fudewangwang, a maker of liquid cooling parts for servers, electric vehicles and base stations. The seller promises at least 90 million yuan profit over 2026-2028, adding a new growth business.
This is a new expansion into a hot sector that can lift future earnings.
August orders 1.78 billion yuan, stock hits limit up Subsidiaries won 1.78 billion yuan of orders in August, up 5.4% from a year earlier, bringing first-eight-month orders to 16.54 billion yuan. The stock jumped 10% on September 2 with the market's largest net inflow, showing strong investor demand.
Order wins directly signal future revenue and triggered a sharp price move.
September orders 1.41 billion yuan, mostly strategic clients September contract orders above 10 million yuan each totaled 1.412 billion yuan, including 231 million yuan from power grids and 1.181 billion yuan from other strategic customers. The company says these will help future results, keeping the order pipeline strong.
Fresh order data confirms demand momentum continues into autumn.

Prysmian SpA (0NUX.LSE)

Q3 20261 Aug – 27 Sep 2026

▲3

Prysmian buys Atkore, wins Amazon data-center cable deal

Prysmian to buy Atkore for $3.8bn Prysmian agreed to buy US cable maker Atkore for $3.8 billion in cash, a 30% premium. It expands Prysmian's North American electrification and data-centre business, letting it sell more products to the same customers. Bigger scale and cross-selling can lift future earnings, though the cash outlay and debt taken on are the cost.
The acquisition is the period's biggest company-specific event and directly changes Prysmian's growth outlook.
Amazon Ohio data-centre cable supply deal Prysmian will make low-carbon aluminium cables for an Amazon data centre in Ohio, using Rio Tinto metal, at its Sedalia plant. It shows Prysmian winning work in the fast-growing data-centre power market and supports its green-revenue goal. No contract value was given and the technology is early-stage, so near-term earnings impact is limited.
It is a fresh, concrete win in Prysmian's key growth market of data-centre electrification.
AI infrastructure demand keeps Prysmian in favour Investors are rewarding companies that supply the AI build-out, and Prysmian was named among outperformers on strong AI-enabling demand. Data centres and power grids need huge amounts of cable, so this trend supports Prysmian's orders and pricing. It is a broad market tailwind rather than a company announcement.
It explains the sector-wide demand force behind Prysmian's share-price support this period.
Lawyer probe into Atkore deal fairness A shareholder-rights law firm is investigating whether Atkore's $95-per-share sale to Prysmian is fair to Atkore holders. Such probes are common and rarely block deals, but they can delay closing or push for better terms. For Prysmian the risk is mainly timing and cost, not a change to its strategy.
It is the main counterweight to the acquisition news and could affect deal completion.

August 20261 Aug – 27 Sep 2026

▲3

Prysmian buys Atkore, wins Amazon data-center cable deal

Prysmian to buy Atkore for $3.8bn Prysmian agreed to buy US cable maker Atkore for $3.8 billion in cash, a 30% premium. It expands Prysmian's North American electrification and data-centre business, letting it sell more products to the same customers. Bigger scale and cross-selling can lift future earnings, though the cash outlay and debt taken on are the cost.
The acquisition is the period's biggest company-specific event and directly changes Prysmian's growth outlook.
Amazon Ohio data-centre cable supply deal Prysmian will make low-carbon aluminium cables for an Amazon data centre in Ohio, using Rio Tinto metal, at its Sedalia plant. It shows Prysmian winning work in the fast-growing data-centre power market and supports its green-revenue goal. No contract value was given and the technology is early-stage, so near-term earnings impact is limited.
It is a fresh, concrete win in Prysmian's key growth market of data-centre electrification.
AI infrastructure demand keeps Prysmian in favour Investors are rewarding companies that supply the AI build-out, and Prysmian was named among outperformers on strong AI-enabling demand. Data centres and power grids need huge amounts of cable, so this trend supports Prysmian's orders and pricing. It is a broad market tailwind rather than a company announcement.
It explains the sector-wide demand force behind Prysmian's share-price support this period.
Lawyer probe into Atkore deal fairness A shareholder-rights law firm is investigating whether Atkore's $95-per-share sale to Prysmian is fair to Atkore holders. Such probes are common and rarely block deals, but they can delay closing or push for better terms. For Prysmian the risk is mainly timing and cost, not a change to its strategy.
It is the main counterweight to the acquisition news and could affect deal completion.

Latest1 Aug – 27 Sep 2026

▲3

Prysmian buys Atkore, wins Amazon data-center cable deal

Prysmian to buy Atkore for $3.8bn Prysmian agreed to buy US cable maker Atkore for $3.8 billion in cash, a 30% premium. It expands Prysmian's North American electrification and data-centre business, letting it sell more products to the same customers. Bigger scale and cross-selling can lift future earnings, though the cash outlay and debt taken on are the cost.
The acquisition is the period's biggest company-specific event and directly changes Prysmian's growth outlook.
Amazon Ohio data-centre cable supply deal Prysmian will make low-carbon aluminium cables for an Amazon data centre in Ohio, using Rio Tinto metal, at its Sedalia plant. It shows Prysmian winning work in the fast-growing data-centre power market and supports its green-revenue goal. No contract value was given and the technology is early-stage, so near-term earnings impact is limited.
It is a fresh, concrete win in Prysmian's key growth market of data-centre electrification.
AI infrastructure demand keeps Prysmian in favour Investors are rewarding companies that supply the AI build-out, and Prysmian was named among outperformers on strong AI-enabling demand. Data centres and power grids need huge amounts of cable, so this trend supports Prysmian's orders and pricing. It is a broad market tailwind rather than a company announcement.
It explains the sector-wide demand force behind Prysmian's share-price support this period.
Lawyer probe into Atkore deal fairness A shareholder-rights law firm is investigating whether Atkore's $95-per-share sale to Prysmian is fair to Atkore holders. Such probes are common and rarely block deals, but they can delay closing or push for better terms. For Prysmian the risk is mainly timing and cost, not a change to its strategy.
It is the main counterweight to the acquisition news and could affect deal completion.