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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Weichai Power Co., Ltd.    2338   CNE1000004L9

WEICHAI POWER CO., LTD.

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Weichai Power : The KION Intelligent Forklift Project and the Second Phase of Sinotruk Intelligent Netw...

09/04/2020 | 04:30am EST

  On the afternoon of August 17, Shandong Province held the launch ceremony for the second phase of the KION Intelligent Forklift and Sinotruk Intelligent Networked Heavy Truck Project. The ceremony is conducted both at the main venue and through live video connection.

  During the event, Tan Xuguang, chairman of Shandong Heavy Industry Group, Weichai Group, and China National Heavy Duty Truck Group (Sinotruk), introduced the project. Tan Xuguang and Gordon Riske signed an investment cooperation agreement online between Weichai Power Co., Ltd. and KION Germany.

  The KION intelligent forklift project is invested and constructed by KION Group, which will build a high-end new energy forklift R&D and manufacturing base. The second phase of the intelligent networked heavy truck project is invested and constructed by Sinotruk. It is a leading project of Shandong Heavy Industry Group's green intelligent manufacturing industrial city, with a planned total investment of 15 billion yuan.

Disclaimer

Weichai Power Company Limited published this content on 17 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 September 2020 08:29:02 UTC


© Publicnow 2020
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Financials
Sales 2020 193 B 29 854 M 29 854 M
Net income 2020 9 854 M 1 521 M 1 521 M
Net cash 2020 33 252 M 5 133 M 5 133 M
P/E ratio 2020 17,1x
Yield 2020 1,82%
Capitalization 178 B 22 896 M 27 399 M
EV / Sales 2020 0,75x
EV / Sales 2021 0,66x
Nbr of Employees 80 182
Free-Float 72,7%
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Technical analysis trends WEICHAI POWER CO., LTD.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 15
Average target price 17,96 CNY
Last Close Price 21,10 CNY
Spread / Highest target 14,6%
Spread / Average Target -14,9%
Spread / Lowest Target -31,3%
EPS Revisions
Managers and Directors
NameTitle
Xu Guang Tan Chairman & Chief Executive Officer
Shao Jun Sun Co-Executive President & Executive Director
Xin Yu Xu Co-Executive President & Executive Director
Quan Zhang Co-Executive President & Executive Director
Wen Wu Lu Chairman-Supervisory Board
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