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    600549   CNE000001D15

XIAMEN TUNGSTEN CO., LTD.

(600549)
  Report
End-of-day quote Shanghai Stock Exchange  -  2022-11-28
21.35 CNY   +0.99%
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10/26Xiamen Tungsten Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2022
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09/26Xiamen Tungsten, Chifeng Gold to Form Rare Earth JV in Laos
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Changting County State-owned Investment Group Co., Ltd. completed the acquisition of a 30% stake in Fujian Longyan Xitu Industrial Park Development Construction Co., Ltd. from Xiamen Tungsten Co., Ltd..

09/14/2022 EST

Changting County State-owned Investment Group Co., Ltd. agreed to acquire 30% stake in Fujian Longyan Xitu Industrial Park Development Construction Co., Ltd. from Xiamen Tungsten Co., Ltd. (SHSE:600549) for approximately CNY 180 million on August 24, 2021. As on April 29, 2022, Changting County State-owned Investment Group Co., Ltd. entered into an equity transfer agreement to acquire 30% stake in Fujian Longyan Xitu Industrial Park Development Construction Co., Ltd. from Xiamen Tungsten Co., Ltd. (SHSE:600549). The consideration includes a deposit amounting to CNY 9.18 million. The transfer price will be paid in two installments: the first installment of the transfer price is 50% of the total transfer price, and the transferee shall pay it off within 5 working days from the date of agreement, and the second installment of the transfer price is 50% of the total transfer price, and the transferee should pay it off within 1 year from the date when the agreement takes effect. The transaction has been by Xiamen Tungsten's Board of Directors.

Changting County State-owned Investment Group Co., Ltd. completed the acquisition of a 30% stake in Fujian Longyan Xitu Industrial Park Development Construction Co., Ltd. from Xiamen Tungsten Co., Ltd. (SHSE:600549) on September 14, 2022.


ę S&P Capital IQ 2022
All news about XIAMEN TUNGSTEN CO., LTD.
11/23XTC New Energy to Invest $62 Million on New Lithium Iron Phosphate Factory
MT
10/26Xiamen Tungsten Co., Ltd. Reports Earnings Results for the Nine Months Ended September ..
CI
09/26Xiamen Tungsten, Chifeng Gold to Form Rare Earth JV in Laos
MT
09/14Changting County State-owned Investment Group Co., Ltd. completed the acquisition of a ..
CI
08/26Xiamen Tungsten Metal Materials Co., Ltd announced that it expects to receive $12 milli..
CI
08/26Bobai County Judian Mining Co., Ltd. announced that it expects to receive CNY 263.77 mi..
CI
08/25XTC New Energy to Spend $358 Million on New Battery Materials Factory; Shares Jump 5%
MT
08/17China Northern Rare Earth Inks Strategic Deal With Xiamen Tungsten
MT
08/16XTC New Energy Materials(Xiamen) Co.,Ltd. announced that it has received CNY 3.49999989..
CI
07/15Xiamen Tungsten Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 202..
CI
More news
Financials
Sales 2022 48 600 M 6 789 M 6 789 M
Net income 2022 1 657 M 231 M 231 M
Net Debt 2022 - - -
P/E ratio 2022 18,3x
Yield 2022 0,80%
Capitalization 30 284 M 4 231 M 4 231 M
Capi. / Sales 2022 0,62x
Capi. / Sales 2023 0,51x
Nbr of Employees 14 508
Free-Float 51,5%
Chart XIAMEN TUNGSTEN CO., LTD.
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Technical analysis trends XIAMEN TUNGSTEN CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 21,35 CNY
Average target price 22,32 CNY
Spread / Average Target 4,52%
EPS Revisions
Managers and Directors
Gao Chao Wu General Manager & Director
Bing Xian Zhong Chief Financial Officer & Deputy General Manager
Chang Geng Huang Chairman
Ji Song Xu Chairman-Supervisory Board
Xiao Jie Ye Independent Director