Some Investors May Be Willing To Look Past Anhui Quanchai Engine's (SHSE:600218) Soft Earnings

Anhui Quanchai Engine Co., Ltd.'s (SHSE:600218) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed strength. However, we think the company is showing some signs

Simply Wall StApr 5 18:29 ET

Quanchai Power (600218.SH) announced its 2023 annual results, with net profit of 97.221 million yuan, a year-on-year decrease of 6.04%

According to Zhitong Finance App News, Quanchai Power (600218.SH) released its 2023 annual report. The company's revenue was 4.819 billion yuan, down 2.37% year on year; net profit attributable to shareholders of listed companies was 97.221 million yuan, down 6.04% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 504.8841 million yuan, down 29.29% year on year; basic earnings per share were 0.22 yuan/share. It is proposed to pay a cash dividend of 0.7 yuan (tax included) for every 10 shares to all shareholders. The company closely follows the national “dual carbon” strategy and emission regulations, and continues to increase investment in R&D

Zhitong FinanceMar 29 07:15 ET

3.9% Earnings Growth Over 5 Years Has Not Materialized Into Gains for Anhui Quanchai Engine (SHSE:600218) Shareholders Over That Period

Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some selections. At this point some shareholders may be questioning their investment

Simply Wall StMar 28 19:14 ET

Quanchai Power (600218.SH): The holding subsidiary Yuanjun Hydrogen Energy mainly develops hydrogen fuel cell power systems and some core components

Gelonghui March 5 丨 Quanchai Power (600218.SH) said on the investor interactive platform that Yuanjun Hydrogen Energy, the company's holding subsidiary, mainly develops hydrogen fuel cell power systems and some core components, and related products are being tested and verified.

Gelonghui FinanceMar 5 03:22 ET

Quanchai Power (600218.SH): Hydrogen engine research and development business has not yet been carried out

Gelonghui March 5 丨 Quanchai Power (600218.SH) said on the investor interactive platform that the company is currently developing methanol engines and has not yet developed hydrogen engine research and development business.

Gelonghui FinanceMar 5 03:21 ET

Is Anhui Quanchai Engine Co., Ltd.'s (SHSE:600218) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Anhui Quanchai Engine's (SHSE:600218) stock is up by a considerable 18% over the past week. Given that stock prices are usually aligned with a company's financial performance in the long-term, we de

Simply Wall StMar 1 18:13 ET