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Shenyang Jinbei Automotive Company Limited's (SHSE:600609) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Shenyang Jinbei Automotive (600609.SH): Established a long-term and stable partnership with Brilliance BMW.
On January 8th, Gelonghui reported that Shenyang Jinbei Automotive (600609.SH) stated during an investor relations event that the company's main business is the design, production, and sale of Auto Parts, with key products including automotive interiors, seats, etc., and the main customer is Brilliance BMW. The company has many years of rich experience and a certain level of brand awareness in the production and manufacturing of automotive interiors, seats, and other Auto Parts. After years of dedicated Operation, the company has established a long-term stable cooperative relationship with Brilliance BMW. The company's main competitors include Faurecia, Magna, and Grammer.
BRILLIANCECHI (01114) and TCL have established a joint venture to engage in Asia Vets cockpit and display component Business in China.
BRILLIANCECHI (01114) released an announcement that on December 31, 2024, Shenyang Jin...
Shenyang Jinbei Automotive (SHSE:600609) Has A Rock Solid Balance Sheet
Shenyang Jinbei Automotive (600609.SH): First repurchase of 0.25% of shares.
On December 26, Glonghui reported that Shenyang Jinbei Automotive (600609.SH) announced that on December 26, 2024, the company will repurchase 3,236,700 shares of its stock for the first time through the centralized bidding trading method of the Shanghai Securities Exchange trading system, accounting for 0.25% of the company's current total share capital of 1,311,200,558 shares. The highest repurchase price was 7.84 yuan per share, the lowest price was 7.58 yuan per share, and the total transaction amount was 25,006,585.00 RMB (excluding stamp duty, trading commissions, and other transaction fees).
Here's What's Concerning About Shenyang Jinbei Automotive's (SHSE:600609) Returns On Capital
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