Weichai Power (000338.SZ): has engaged in research and development, production, and sales of fuel cell energy systems.

Gelonghui reported on August 27th that Weichai Power (000338.SZ) stated on the investor interaction platform that the company has conducted research and development, production, and sales of hydrogen fuel cell systems, and has comprehensively arranged key core components of fuel cell energy. The core technology of fuel cell energy leads the hydrogen energy track comprehensively, with first-class product competitiveness in the industry, developing high-power fuel cells for high-speed mainline logistics scenarios, and increasing system power to 300kW. At the same time, the company's holding subsidiary, Shaanxi Heavy Duty Truck, has completed product layout in key areas and pilot demonstration areas of the hydrogen energy industry chain operation, with hydrogen fuel cell heavy truck sales ranking among the top in the industry.

Gelonghui FinanceAug 27 03:05 ET

Jefferies Adjusts Weichai Power's Price Target to 15.70 Yuan From 19.30 Yuan, Keeps at Buy

MT NewswiresAug 26 05:57 ET · Ratings

Morgan Stanley: Weichai Power (02338) "outperform" rating, target price raised to HK$22.9.

Macquarie has raised the profit forecast of Weichai Power (02338) for 2024 to 2026 by 3.5%, 3.1%, and 2.5%.

Zhitong FinanceAug 26 02:32 ET

Weichai Power Co., Ltd. (HKG:2338) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Simply Wall StAug 24 20:09 ET

Citi: Weichai Power rated as "neutral", target price lowered to HK$12.9.

Citigroup released a research report stating that it gives Weichai Power a "neutral" rating. Due to the improved performance in the second quarter, the net income forecast for Weichai Power in 2025-2026 is raised by 3% and 8% respectively. However, due to the decline in the valuation of the two main businesses, the target price is correspondingly lowered from HK$14 to HK$12.9. The report states that the company's second-quarter performance was robust, with a 6% year-on-year growth in revenue and a stable performance quarter-on-quarter. The net income increased by 62% year-on-year, in line with expectations, with all business units recording robust growth, driving sales growth. The increase in economies of scale, average selling price of products, and the decrease in raw material costs in overseas markets contribute to the increase in profitability.

新浪港股Aug 23 04:22 ET

Weichai Power H1 Profit Jumps 51%, Operating Income Up 6%

MT NewswiresAug 22 23:43 ET