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    000550   CNE000000CV8

JIANGLING MOTORS CORPORATION, LTD.

(000550)
  Report
End-of-day quote Shenzhen Stock Exchange  -  2022-07-04
16.99 CNY   -3.90%
06/27Jiangling Motors Corporation, Ltd. Approves Dividend for 2021
CI
04/26Jiangling Motors Corporation, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
03/31JMC Slashes Final Dividend 92%, Post Single-Digit Growth in 2021 Earnings
MT
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Ningbo Smr Huaxiang Automotive Mirrors Ltd. completed the acquisition of 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd. from Jiangling Motors Corporation, Ltd..

11/19/2021 EDT

Ningbo Smr Huaxiang Automotive Mirrors Ltd. agreed to acquire 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd. from Jiangling Motors Corporation, Ltd. (SZSE:000550) for CNY 33.6 million on October 8, 2021. The consideration will be paid in cash. Post completion, Jiangling Motors Corporation Group will continue to retain its 40% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd. For the year ending December 31, 2020, Nanchang JMCG reported a turnover of CNY 131 million. The transaction is expected to be closed within an estimated time period of 3 months and subject to customary closing conditions and regulatory approvals. Ningbo Smr Huaxiang Automotive Mirrors Ltd. completed the acquisition of 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd. from Jiangling Motors Corporation, Ltd. (SZSE:000550) on November 19, 2021.


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All news about JIANGLING MOTORS CORPORATION, LTD.
06/27Jiangling Motors Corporation, Ltd. Approves Dividend for 2021
CI
04/26Jiangling Motors Corporation, Ltd. Reports Earnings Results for the First Quarter Ended..
CI
03/31JMC Slashes Final Dividend 92%, Post Single-Digit Growth in 2021 Earnings
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03/30Jiangling Motors Corporation, Ltd. Proposes Final Cash Dividend for the Year 2021
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01/26Ford Forms New JV With Chinese Partner JMC
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2021Ningbo Smr Huaxiang Automotive Mirrors Ltd. completed the acquisition of 60% stake in N..
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Financials
Sales 2022 33 577 M 4 997 M 4 997 M
Net income 2022 537 M 79,9 M 79,9 M
Net cash 2022 8 727 M 1 299 M 1 299 M
P/E ratio 2022 27,4x
Yield 2022 1,63%
Capitalization 10 977 M 1 634 M 1 634 M
EV / Sales 2022 0,07x
EV / Sales 2023 0,09x
Nbr of Employees 12 930
Free-Float 24,5%
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Technical analysis trends JIANGLING MOTORS CORPORATION, LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Last Close Price 16,99 CNY
Average target price 12,50 CNY
Spread / Average Target -26,4%
EPS Revisions
Managers and Directors
Wong Manto President & Director
Wei Hua Li Chief Financial Officer
Tian Gao Qiu Chairman
Hu Xiao Chairman-Supervisory Board
Xian Jun Li Independent Director
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