Chongqing Wanli New Energy (600847) Stock Price, News, Quotes-Moomoo

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600847 Chongqing Wanli New Energy

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8.37
+0.26+3.21%

Market Closed Jan 20 15:00 CST

1.28BMarket Cap-34.88P/E (TTM)

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News

Some Confidence Is Lacking In Chongqing Wanli New Energy Co., Ltd. (SHSE:600847) As Shares Slide 25%
Simply Wall StJan 3 18:43 ET
Chongqing Wanli New Energy Co., Ltd. (SHSE:600847) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Simply Wall StSep 30, 2024 20:39 ET
Chongqing Wanli New Energy Co., Ltd.'s (SHSE:600847) 28% Share Price Surge Not Quite Adding Up
Simply Wall StMay 22, 2024 18:24 ET
There's Reason For Concern Over Chongqing Wanli New Energy Co., Ltd.'s (SHSE:600847) Massive 39% Price Jump
Simply Wall StMar 16, 2024 20:14 ET
More Unpleasant Surprises Could Be In Store For Chongqing Wanli New Energy Co., Ltd.'s (SHSE:600847) Shares After Tumbling 27%
Simply Wall StJan 31, 2024 17:09 ET
Chongqing Wanli New Energy Co., Ltd.'s (SHSE:600847) Last Week's 16% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake
Simply Wall StDec 13, 2022 22:30 ET

Comments

Moomoo AI

Mar 16, 2024 19:54

Chongqing Wanli New Energy's future revenue may only match the industry, keeping the P/S as expected. However, due to shrinking revenues and industry growth forecast, a share price decline could be imminent unless recent conditions improve significantly.

There's Reason For Concern Over Chongqing Wanli New Energy Co., Ltd.'s (SHSE:600847) Massive 39% Price Jump

Moomoo AI

Jan 31, 2024 16:19

Despite recent revenue decline, the company's P/S ratio aligns with the industry, suggesting less bearish investor sentiment. However, if the P/S ratio aligns with recent negative growth rates, shareholders may face disappointment. The current P/S ratio may not sustain positive sentiment unless medium-term conditions significantly improve.