Wanxiang Qianchao Co.,Ltd.'s (SZSE:000559) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Simply Wall StOct 28 19:05 ET

Wanxiang Qianchao: Report for the third quarter of 2024

SZSIOct 25 12:00 ET · Announcements

Wanxiang Qianchao (000559.SZ) released its performance for the first three quarters, with a net income of 0.717 billion yuan, an increase of 18.22% year-on-year.

Wanxiang Qianchao (000559.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue...

Zhitong FinanceOct 25 04:41 ET

Wanxiang Qianchao (000559.SZ): The net income in the first three quarters was 0.717 billion yuan, an increase of 18.22% year-on-year.

gelonhui October 25th∣ wanxiang qianchao (000559.SZ) announced its third quarter report. In the first three quarters of 2024, the company achieved revenue of 10.847 billion yuan, a decrease of 2.14% year-on-year; net income attributable to shareholders of the listed company was 0.717 billion yuan, an increase of 18.22% year-on-year; net income after deducting non-recurring gains and losses was 0.729 billion yuan, an increase of 35.65% year-on-year; basic earnings per share were 0.217 yuan/share.

Gelonghui FinanceOct 25 04:19 ET

We Think Wanxiang QianchaoLtd (SZSE:000559) Can Manage Its Debt With Ease

Simply Wall StOct 3 02:53 ET

Wanxiang Qianchao (000559.SZ): Wanxiang 123's existing battery production line is mainly focused on soft packs, and the new production line can be compatible with semi-solid state battery production.

Gelonghui September 30th | Wanxiang Qianchao (000559.SZ) stated on the investor interaction platform that Wanxiang 123 recently achieved a breakthrough in the safety of semi-solid state battery technology, conducting full needle penetration and pack-level thermal runaway experiments at the 350Wh/kg cell level. Wanxiang 123's current battery production line mainly uses soft packs, and the new production line can also accommodate the production of semi-solid state batteries, giving it a certain advantage. The research and development and mass production of solid state batteries are progressing normally.

Gelonghui FinanceSep 30 04:29 ET