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    002925   CNE1000033H6

XIAMEN INTRETECH INC.

(002925)
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Xiamen Intretech Inc. completed the acquisition of Zhangzhou Malata Electrical Appliance Co., Ltd from Malata Group Co., Ltd.

04/08/2021 EST

Xiamen Intretech Inc. (SZSE:002925) signed share transfer agreement to acquire Zhangzhou Malata Electrical Appliance Co., Ltd from Malata Group Co., Ltd. for approximately CNY 170 million on February 25, 2021. As per the terms, within 30 days from the delivery date, Xiamen Intretech Inc must pay the transfer price. As of December 31, 2020, Zhangzhou Malata Electrical Appliance Co., Ltd has total assets of CNY 114 million, net assets of CNY 108.9 million, revenue of CNY 27.5 million and net loss of 0.35 million. The transaction has been approved in the 7th Meeting of Xiamen Intretech Inc’s 4th Directorate held on February 25, 2021, and does not need the Shareholders’ Approval. Xiamen Intretech Inc. (SZSE:002925) completed the acquisition of Zhangzhou Malata Electrical Appliance Co., Ltd from Malata Group Co., Ltd. on April 8, 2021.


© S&P Capital IQ 2021
All news about XIAMEN INTRETECH INC.
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04/17Xiamen Xinzixin Investment Partnership Enterprise (Limited Partnership) agreed to acqui..
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04/13Xiamen Intretech Inc. Approves Dividend for the Year 2020
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More news
Financials
Sales 2021 7 543 M 1 182 M 1 182 M
Net income 2021 1 206 M 189 M 189 M
Net Debt 2021 - - -
P/E ratio 2021 21,8x
Yield 2021 -
Capitalization 26 164 M 4 093 M 4 099 M
Capi. / Sales 2021 3,47x
Capi. / Sales 2022 2,84x
Nbr of Employees 5 737
Free-Float 30,0%
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Technical analysis trends XIAMEN INTRETECH INC.
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 1
Last Close Price 33,51 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Jin Miao Li Chief Financial Officer & Board Secretary
Song Hua Lin Chairman
Wen Jiang Wu Chairman-Supervisory Board
Xian Rong Wang Independent Director
Bang Sheng Lan Independent Director
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