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Bafang Electric (Suzhou) (603489.SH): Electric motorcycle drive system products have been shipped in sample and small batch orders since 2023.
Bafang Electric (Suzhou) (603489.SH) stated on the investor interaction platform on July 12 that the company's electric motorcycle drive system products have been shipped in samples and small batch orders since 2023. The company will continue to pay attention to customer feedback, increase research and development investment, continue to improve technology, strengthen quality management, and strive to provide high-quality products that are closer to consumer demand for the market.
2024 Interim Performance Forecast
Bafang Electric(Suzhou)(603489.SH): Net income in the first half of the year is expected to decrease by 40.61% to 52.10% year-on-year.
On July 9th, Gelonhui reported that Bafang Electric (Suzhou) (603489.SH) has released its performance forecast for the first half of 2024. According to preliminary calculations by the finance department, the net income attributable to shareholders of the listed company is expected to be between 50 million yuan and 62 million yuan, a decrease of 42.3937 million yuan to 54.3937 million yuan compared to the same period last year, a year-on-year decrease of 40.61% to 52.10%. The company expects the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses to be between 47 million yuan and 59 million yuan, a decrease of 3,316 compared to the same period last year.
Bafang Electric(Suzhou)(603489.SH): Currently, there is no relevant business cooperation with technology giants such as Huawei and Xiaomi.
On July 5th, Gelunhui reported that there was an investor who asked Bafang Electric (Suzhou) on the investor interaction platform whether the company intends to or has cooperated with other technology giants such as Huawei and Xiaomi to develop smart cycling ecology. The company replied that it looks forward to cooperating with outstanding partners from all sides. Currently, there are no related business dealings with Huawei and Xiaomi and other technology giants.
Bafang Electric(Suzhou)(603489.SH) Annual equity distribution in 2023: 10 yuan per 10 shares and 4 shares will be issued. Stock registration on July 5th.
Bafang Electric(Suzhou)(603489.SH) has released the 2023 annual equity distribution implementation announcement, which will be implemented by equity distribution shares...
Are Investors Undervaluing Bafang Electric (Suzhou) Co.,Ltd. (SHSE:603489) By 25%?
Key Insights The projected fair value for Bafang Electric (Suzhou)Ltd is CN¥37.11 based on 2 Stage Free Cash Flow to Equity Bafang Electric (Suzhou)Ltd is estimated to be 25% undervalued based on cu
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