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Wuxi NCE Power Co.,Ltd.'s (SHSE:605111) Intrinsic Value Is Potentially 25% Below Its Share Price
Earnings Miss: Wuxi NCE Power Co.,Ltd. Missed EPS By 43% And Analysts Are Revising Their Forecasts
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
Wuxi NCE Power (Ticker Symbol: 605111.SH) plans to use no more than 1.15 billion yuan of temporarily idle non-public offering funds for cash management.
On August 12th, Gelon Hui announced that Wuxi NCE Power (605111.SH) will use temporarily idle non-public offering funds with a maximum limit of 1.15 billion yuan for cash management, investing in investment products with high safety and liquidity. The investment period of the company's purchase of investment products with idle funds raised by non-public offering does not exceed 12 months. Within the aforementioned period, the company can roll over the funds and repay them to the dedicated account for fundraising upon maturity. The company's cash management using idle funds raised will strictly comply with the relevant regulations of the Shanghai Stock Exchange on the management of fundraising by listed companies.
Wuxi NCE Power (605111.SH) released its first-half performance, with a net income of 218 million yuan, a year-on-year increase of 47.45%, and a plan to distribute 0.53 yuan per 10 shares.
Wuxi NCE Power (605111.SH) released its 2024 interim report, with revenue of 0.873 billion yuan, same as...
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