Shanghai S.E.
06:00:00 2024-04-29 pm EDT
5-day change
1st Jan Change
18.65
CNY
+0.38%
-0.69%
+34.56%
Neway Valve Suzhou Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:01 am EDT
Neway Valve Suzhou Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,706.552 million compared to CNY 2,211.325 million a year ago. Operating income was CNY 468.460 million compared to CNY 425.935 million a year ago. Net income was CNY 400.710 million compared to CNY 370.678 million a year ago. Basic earnings per share from continuing operations was CNY 0.53 compared to CNY 0.49 a year ago.
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23-08-21
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23-04-28
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23-04-21
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22-10-28
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22-09-23
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22-08-26
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Wang Baoqing, Lu Bin, Cheng Zhangwen and Xi Chao completed the acquisition of a 21.36% stake in Neway Valve Co., Ltd. from Neway Group Co., Ltd.
22-07-06
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Wang Baoqing, Lu Bin, Cheng Zhangwen and Xi Chao entered into an agreement to acquire a 21.36% stake in Neway Valve Co., Ltd. from Neway Group Co., Ltd. for CNY 1.1 billion.
22-05-06
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22-04-29
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22-04-15
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Wang Baoqing, Lu Bin, Cheng Zhangwen and Xi Chao will acquire an additional 38.3% stake in Neway Valve Co., Ltd. from Tongtai Co., Ltd. and Neway Group Co., Ltd. for CNY 2.2 billion.
22-03-17
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21-10-29
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21-08-27
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Neway Valve Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
21-04-29
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Neway Valve Suzhou Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
21-04-15
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Neway Petroleum Equipment Co., Ltd. announced that it expects to receive $6.2 million in funding from Neway Valve Co., Ltd.
21-04-14
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20-11-16
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Neway Industrial Materials Co., Ltd announced that it has received CNY 92 million in funding from Neway Valve Co., Ltd.
20-10-29
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Neway Valve Suzhou Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
20-10-29
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Wang Baoqing, Lu Bin, Cheng Zhangwen and Xi Chao signed a share transfer agreement to acquire an additional 20.2% stake in Neway Valve Co., Ltd. from Neway Group Co., Ltd. and Tongtai Co., Ltd. for CNY 1.7 billion.
20-09-27
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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Neway Valve (Suzhou) Co., Ltd. is a China-based company, principally engaged in the design, manufacture and distribution of industrial valves. The Company's main products include sluice valves, ball valves, isolating valves, check valves, butterfly valves, control valves, safety valves, nuclear power valves, as well as wellhead equipment and others. Its products are applied in petroleum, natural gas, refining, chemical, ships, electric power, long-distance transport pipes and other industries. The Company distributes its products in both domestic and overseas markets.
More about the company
Last Close Price
18.65
CNY
Average target price
20.36
CNY
Spread / Average Target
+9.14%
Consensus
1st Jan change
Capi.
+34.56% 1.96B +7.69% 15.04B -25.48% 11.22B +21.00% 8.17B -1.75% 6.83B +5.95% 1.59B +27.24% 983M +10.28% 780M -4.99% 676M -20.25% 407M
Industrial Valve Manufacturing
+951% of historical
More than 20 years
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