Wencan Co., Ltd. (603348.SH): Plans to take the opportunity to introduce a very large integrated high-pressure casting production line at Bairen Group's Hungarian plant this year
Gelonghui, May 29丨Wencan Co., Ltd. (603348.SH) said on the investor interactive platform that for matters relating to the company's current issuance of shares to specific targets, please pay attention to the announcement disclosed by the company. Through epitaxial mergers and acquisitions, the company has formed a global production layout covering France, Hungary, Mexico, Serbia and other countries abroad. The company is actively laying out high-pressure casting production lines at overseas factories. Currently, the San Miguel plant in Mexico has introduced a high-pressure casting production line and put into operation. In addition, the company plans to take the opportunity to introduce a very large integrated high-pressure casting production line at Bairen Group's Hungarian plant this year to further improve
Wencan Co., Ltd. (603348.SH): The product has not yet involved the low-altitude field
Gelonghui, May 29丨Wencan Co., Ltd. (603348.SH) said on the investor interactive platform that the company's products have not yet involved the low-altitude field. In the future, the company will continue to deeply cultivate its main business, operate steadily, strive to improve business performance, and create more return on investment for investors.
Wencan Co., Ltd. (603348.SH): Has not cooperated with Xiaomi on related projects
Gelonghui, May 29丨Wencan Co., Ltd. (603348.SH) said on the investor interactive platform that the company has not yet cooperated with Xiaomi on related projects.
Earnings Tell The Story For Wencan Group Co., Ltd. (SHSE:603348) As Its Stock Soars 31%
Wencan Group Co., Ltd. (SHSE:603348) shares have had a really impressive month, gaining 31% after a shaky period beforehand. Unfortunately, the gains of the last month did little to right the losse
A subsidiary of Wencan Co., Ltd. (603348.SH) was designated for a large-scale integrated die-casting product project by a new energy vehicle OEM
Wencan Co., Ltd. (603348.SH) issued an announcement. The company's subsidiary obtained a leading NEV OEM (limited to...
Wencan Co., Ltd. (603348.SH): 2023 net profit of 504.327 million yuan decreased by 78.77% year-on-year
On April 25, Ge Longhui Co., Ltd. (603348.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 5.101 billion yuan, a decrease of 2.45% over the previous period, and realized net profit attributable to shareholders of listed companies of 504.327 million yuan, a decrease of 78.77% over the previous period. As of the end of the reporting period, the company's total assets were 7735.7899 million yuan, up 5.24% from the end of the previous period, and net assets attributable to shareholders of listed companies were 322,38763 million yuan, an increase of 5.82% over the end of the previous period.
Wencan Group (SHSE:603348) Will Want To Turn Around Its Return Trends
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and sec
Here's Why Wencan Group (SHSE:603348) Is Weighed Down By Its Debt Load
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' When we think about how risky a company is, we always like
Wencan Group Co., Ltd. (SHSE:603348) Soars 32% But It's A Story Of Risk Vs Reward
Those holding Wencan Group Co., Ltd. (SHSE:603348) shares would be relieved that the share price has rebounded 32% in the last thirty days, but it needs to keep going to repair the recent damage it ha
Wencan Group Co., Ltd.'s (SHSE:603348) Most Bullish Insider Is CEO Jie Xiong Tang, and Their Holdings Value Went up by 6.4% Last Week
Key Insights Insiders appear to have a vested interest in Wencan Group's growth, as seen by their sizeable ownership A total of 4 investors have a majority stake in the company with 57% ownership
Lizhong Group (300428.SZ): Currently, a variety of heat-free alloy materials have been selected into Wencan Co., Ltd.'s material library
Gelonghui, February 22丨An investor asked Lizhong Group (300428.SZ) on the investor interactive platform, “What substantial progress has been made since your company cooperated with Wencan Co., Ltd. for more than a year? Are there any specific cooperation projects at the moment?” The company replied that the company and Wencan Co., Ltd. have established a strategic cooperative relationship in the field of heat-free alloy material development and process application for products such as large-scale integrated body structural parts and integrated cast battery cases for new energy vehicles. The company has now selected a wide range of heat-free alloy materials into Wencan Co., Ltd.'s material library and is being promoted simultaneously to meet customers' performance choices for different parts
Wencan Co., Ltd. (603348.SH): 2023 net profit pre-reduced by 71.38% to 79.80%
Gelonghui, January 30丨Wencan Co., Ltd. (603348.SH) announced its 2023 annual results forecast. According to preliminary estimates by the company's finance department, the net profit attributable to the owner of the parent company is expected to be 480.000 million yuan to 680.00 million yuan in 2023. Compared with the same period last year, it will decrease 169.5779 million yuan to 189.5779 million yuan, a year-on-year decrease of 71.38% to 79.80%. Net profit attributable to owners of the parent company after deducting non-recurring gains and losses is expected to be between $31 million and $4,600 in 2023
Wencan Group (SHSE:603348) Shareholders Have Lost 51% Over 1 Year, Earnings Decline Likely the Culprit
Taking the occasional loss comes part and parcel with investing on the stock market. And there's no doubt that Wencan Group Co., Ltd. (SHSE:603348) stock has had a really bad year. In that relativel
Capital Allocation Trends At Wencan Group (SHSE:603348) Aren't Ideal
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Amongst other things, we'll want to see two things; firstly, a gr
Wencan Group Co., Ltd.'s (SHSE:603348) Most Bullish Insider Is CEO Jie Xiong Tang, and Their Holdings Value Went up by 5.3% Last Week
Key Insights Wencan Group's significant insider ownership suggests inherent interests in company's expansion The top 4 shareholders own 57% of the company 15% of Wencan Group is held by Instituti
Wencan's performance is under pressure or bets on two major NEV brands
“Investor Network” Wencan shares (603348.SH, hereinafter referred to as the “Company”), whose performance is under pressure, may plan to bet on two major NEV brands. In the first three quarters of this year, the operating income and net profit of Wencan Co., Ltd. and net profit of the mother were 3.82 billion yuan and 50 million yuan, respectively, down 1.75% and 80.78% from the same period last year. The company specializes in automotive aluminum alloy precision die-casting parts and is an industry leader. The company attributed the decline in performance to two aspects. First, the product revenue of some NEV customers did not meet expectations, leading to insufficient use of large-scale mass production effects, affecting short-term profitability. Second, Bailian Group's labor remuneration, quality,
[BT Financial Report Instantaneous Analysis] Wencan Co., Ltd. 2023 Three-Quarter Report: The Business Approach of a Leader in the Field of Automotive Aluminum Alloy Precision Castings
This financial report was announced on 2023-10-27 18:32:43 Wencan Co., Ltd. (stock code: 603348) is an enterprise focusing on R&D, production and sales of automotive aluminum alloy precision casting products. The company mainly uses processes such as high pressure casting, low pressure casting and gravity casting to provide lightweight, safe and reliable products for global automotive customers. Its products are mainly used in body structure systems, integrated body systems, three-electric systems, chassis systems, braking systems, engine systems, transmission systems and other auto parts of new energy vehicles and traditional fuel vehicles. Insured
Wencan Group Co., Ltd. (SHSE:603348) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
With its stock down 21% over the past three months, it is easy to disregard Wencan Group (SHSE:603348). However, stock prices are usually driven by a company's financials over the long term, which i
Wencan Co., Ltd. (603348.SH): Net profit for the third quarter was 35.78894 million yuan, down 70.78% year on year
On October 27, Gelonghui Co., Ltd. (603348.SH) announced that in the third quarter of 2023, it achieved operating income of 1,259 billion yuan, a year-on-year decrease of 12.98%; net profit attributable to shareholders of listed companies of 357.884 million yuan, a year-on-year decrease of 70.78%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 29.79 million yuan, a year-on-year decrease of 74.23%; and basic earnings per share of 0.1,358 yuan.
Dongwu Securities: Automobile AI intelligence has reached an inflection point, and all core sectors of the sector are expected to benefit
Dongwu Securities released a research report saying that automotive AI intelligence has reached an inflection point of transformation, and all core sectors of the sector are expected to benefit. Under this round of intelligent driving transformation, the industry will benefit from automobiles > components; in the next 1-2 years, Huawei+Xiaopeng will lead the automotive industry, and the Ideal Auto - W (02015) and others will follow suit at an accelerated pace.
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