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The Total Return for China Automotive Engineering Research Institute (SHSE:601965) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
China Automobile Research Report for the Third Quarter of 2024
China Automotive Engineering Research Institute (601965.SH) released its performance for the first three quarters, with a net income of 0.67 billion yuan, an 18.77% year-on-year increase.
China Automotive Engineering Research Institute (601965.SH) released the third quarter report for 2024, during the reporting period the company achieved revenue...
China Automotive Engineering Research Institute (601965.SH): The net income in the first three quarters was 0.67 billion yuan, an 18.77% year-on-year increase.
Gelonghui October 25th | China Automotive Engineering Research Institute (601965.SH) released the third quarter report for 2024, with the company's revenue for the first three quarters at 3.047 billion yuan, an 18.12% year-on-year increase; net income attributable to shareholders of the listed company at 0.67 billion yuan, an 18.77% year-on-year increase; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses at 0.605 billion yuan, a 13.60% year-on-year increase; basic earnings per share of -0.68 yuan.
China Automotive Engineering Research Institute (SHSE:601965) Is Experiencing Growth In Returns On Capital
China Automotive Engineering Research Institute (601965.SH): proposes to establish a wholly-owned subsidiary with a total investment not exceeding 0.9 billion yuan
Gelonghui September 23 - China Automotive Engineering Research Institute (601965.SH) announced that in order to seize the development opportunities in the field of new energy car aftermarket technical services, expand the company's development track, China Automotive Engineering Research Institute plans to invest in the establishment of a wholly-owned subsidiary with its own funds, bank loans, or other self-raised funds not exceeding 0.9 billion yuan. The subsidiary will mainly engage in automobile aftermarket technical services, new energy characteristic detection equipment products, and industry services. China Automotive Engineering Research Institute has already made technological reserves in relevant fields. Against the background of national "carbon neutrality" policies, the company plans to seize the industry development opportunities and explore the aftermarket technology services for new energy vehicles.
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