Benign Growth For Zhejiang Taotao Vehicles Co., Ltd. (SZSE:301345) Underpins Stock's 27% Plummet

Zhejiang Taotao Vehicles Co., Ltd. (SZSE:301345) shareholders won't be pleased to see that the share price has had a very rough month, dropping 27% and undoing the prior period's positive performance.

Simply Wall StJul 4 18:55 ET

Taotao Auto (301345.SZ): Repurchased 0.85% of shares in total.

On July 1st, Gelunhui reported that Taotao Auto (301345.SZ) announced that as of June 30, 2024, the company repurchased 929,859 shares through a share repurchase special securities account by centralized bidding trading, accounting for 0.85% of the company's current total share capital. The highest fill price was 70.12 yuan/share and the lowest fill price was 49.60 yuan/share, with a total trading amount of 55,514,104.91 yuan (excluding transaction fees).

Gelonghui FinanceJul 1 04:24 ET

Investors Could Be Concerned With Zhejiang Taotao Vehicles' (SZSE:301345) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increa

Simply Wall StJun 28 20:41 ET

Zhejiang Taotao Vehicles: 2024 Interim Performance Forecast

Sensex a shareJun 24 12:00 ET · Announcements

Taotao Auto (301345.SZ): Net income for the first half of the year is expected to increase by 22.72% - 37.59%.

On June 24th, Gelonghui announced its interim performance forecast for the first half of 2024. The net profit attributable to shareholders of the listed company was CNY 165-185 million, a year-on-year increase of 22.72%-37.59%. After deducting non-recurring gains and losses, the net profit was CNY 162.2-181.3 million, a year-on-year increase of 25.68%-40.48%. During the reporting period, the company adhered to the overall development strategy of "focusing on new energy, leading high-end, global layout, and stable operation", strengthened research and development investment, and improved its operation.

Gelonghui FinanceJun 24 04:58 ET

Sichuan Chuanhuan Technology (300547.SZ): Chunfeng is one of the company's customers, and Taotao Automotive is a high-quality potential customer.

On June 17th, Gelonhui reported that an investor asked Sichuan Chuanhuan Technology (300547.SZ) on the investor interaction platform: "Is Chunfeng and Taotao Auto your company's customer?" The company replied that Chunfeng is one of their customers and Taotao Auto is a high-quality potential customer that they will keep a close eye on.

Gelonghui FinanceJun 17 04:26 ET