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Shanghai New Power Automotive Technology Company Limited (SHSE:600841) Shares Fly 52% But Investors Aren't Buying For Growth
Dynamics New Technology 2024 Third Quarter Report
Revenue target completion is less than 40%, shanghai new power automotive technology may face three consecutive years of losses? | interpretations
①shanghai new power automotive technology released its worst quarterly report in history, with revenue of 5.236 billion yuan in the first three quarters, a year-on-year decrease of 19.78%, and a net loss attributable to the mother of 1.263 billion yuan, an increase of 17.56% year-on-year; ② Compared with the annual performance target set at the beginning of the year, the completion rate is less than forty percent; ③ In the past two years, the company has successively incurred losses of 1.6 billion yuan and 2.4 billion yuan. Is it already a certainty that the company will continue to incur losses for three consecutive years?
shanghai new power automotive technology (600841.SH): net loss of 1.263 billion yuan in the first three quarters.
Gelonghui October 25th: Shanghai New Power Automotive Technology (600841.SH) announced its third quarter report for 2024, achieving total revenue of 5.236 billion yuan in the first three quarters, a year-on-year decrease of 19.78%; net income attributable to the listed shareholders was -1.263 billion yuan; basic earnings per share was -0.910 yuan.
Shanghai New Power Automotive Technology (600841.SH): The controlling shareholder extends the lock-up period for shares.
On September 5, Global Information announced that shanghai new power automotive technology (600841.SH) disclosed that after the completion of this major asset restructuring, there is a situation where the closing price at the end of the 6-month period after the completion of the major asset restructuring is lower than the issue price. According to the aforementioned commitment, saic motor corporation, the controlling shareholder, will automatically extend the lock-up period of the company's 122,880,366 shares acquired through this issuance of shares to purchase assets for an additional 6 months, namely, the lock-up period will be changed from September 7, 2021 to March 6, 2025, based on the original 36 months.
Further Weakness as Shanghai New Power Automotive Technology (SHSE:600841) Drops 7.4% This Week, Taking Three-year Losses to 66%
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