The Five-year Shareholder Returns and Company Earnings Persist Lower as Changzhou Tenglong AutoPartsCo.Ltd (SHSE:603158) Stock Falls a Further 9.9% in Past Week
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results between individual stocks. So we wouldn't blame long term Changzhou Tenglong AutoPar
Is Changzhou Tenglong AutoPartsCo.,Ltd.'s (SHSE:603158) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Changzhou Tenglong AutoPartsCo.Ltd's (SHSE:603158) stock is up by a considerable 30% over the past three months. Given that stock prices are usually aligned with a company's financial performance in
What You Need To Know About Changzhou Tenglong AutoPartsCo.,Ltd.'s (SHSE:603158) Investor Composition
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Some Investors May Be Worried About Changzhou Tenglong AutoPartsCo.Ltd's (SHSE:603158) Returns On Capital
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Changzhou Tenglong AutoPartsCo.Ltd (SHSE:603158) has had a rough three months with its share price down 32%. However, the company's fundamentals look pretty decent, and long-term financials are usu
The latest announcement of Tenglong Co., Ltd.: to set up a subsidiary to produce new energy vehicle thermal management pipeline system products
Tenglong shares announced that the company agreed to set up a wholly-owned subsidiary in Dangtu County, Maanshan City, Anhui Province, with a planned investment of 105 million yuan to produce new energy vehicle thermal management pipeline system products. The chairman of the company is Jiang Xuezhen. Mr. Jiang Xuezhen: born in July 1960, Chinese nationality, college degree, senior economist. From 1977 to 1990, he worked successively in Anbei Agricultural Machinery Factory, Dongan Town, Wujin District, Changzhou Pharmaceutical Factory and Changzhou Mining Machinery Factory. From 1990 to 2006, he served as factory director, manager and executive director of Changzhou Wujin Dongan lifting equipment parts Co., Ltd. (former Wujin County Dongan lifting equipment parts Factory).
Dong Secretary of Tenglong replied: the company's auto parts products are matched to Tesla, Inc., Maserati, Porsche, Mercedes-Benz, BMW and other vehicle factories through system suppliers.
Tenglong shares (603158) answered investors' questions on the investor relations platform on January 14. Investor: Hello, Mr. Dong. Is Tesla, Inc. a customer of the company? Secretary of Tenglong shares: dear investors, how do you do? Most of the company's auto parts products are matched by automobile manufacturing enterprises, and some of the products are supplied by auto parts system suppliers, and through the system suppliers in Tesla, Inc., Maserati, Porsche, Mercedes-Benz, BMW and other complete car factories. Thank you for your attention! Investor: Hello, Mr. Dong, what are the competitors of the company? Secretary of Tenglong shares: how do you do, dear investors?
Cinda Securities: give buy rating to Tenglong shares
2021-12-24 Wang Jianchao of Xinda Securities Co., Ltd. conducted a research on Tenglong shares and issued a research report "spare parts business meets new machines, layout hydrogen energy for development". This report gives a buy rating on Tenglong shares, and the current share price is 16.66 yuan. Tenglong (603158) epitaxial mergers and acquisitions enrich auto parts business and lay the foundation for system integration. The company started from the automotive air conditioning pipeline business, enriched auto parts through epitaxial mergers and acquisitions, acquired 54% stake in Littleo (the main product is EGR cooler) in September 2017, and Leo Holdings at the end of 2017.
Tenglong shares: reach a basic agreement with major customers on price increase
According to the third quarterly report disclosed by Tenglong shares (603158), the company achieved operating income of 1.424 billion yuan in the first three quarters of this year, an increase of 27.63% over the same period last year, and net profit of 102 million yuan, an increase of 2.26% over the same period last year. The price of raw materials has continued to rise since the beginning of this year, which slows the growth of Tenglong's net profit. A reporter from Securities Times e Company learned on October 31 that in order to maintain the basic stability of the gross profit margin of the products, Tenglong shares have recently actively negotiated price increases with customers: first, they hope that when customers settle accounts, they will compensate for the difference between the products before September 30; second, they hope to enter the next order according to the latest aluminum price.