Here's Why We Think Willfar Information Technology (SHSE:688100) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit.

Simply Wall StJul 15 03:59 ET

Willfar Information Technology (688100.SH): Subsidiary intends to sign a real estate sales contract with Willfar Mexico Company.

On July 8th, Gelunhui reported that Willfar Information Technology (688100.SH) announced that, in accordance with the company's global strategy and business development needs, and grasping the development trend of the industry inside and outside, and seizing market opportunities, the company's subsidiary WeRich intends to sign a "Real Estate Sales Contract" with Willfar Mexico to agree that the subsidiary WeRich will acquire the industrial land and ancillary plant assets located at No. 200, mining avenue, Xilao City, Guanajuato State, Mexico, owned by Willfar Mexico, with its own and self-raised funds. After negotiation by both parties, the price of the transaction is 8 million based on the aforementioned valuation result as the price basis for this asset transfer agreement.

Gelonghui FinanceJul 8 08:32 ET

Willfar Information Technology Bags Two Projects for 29 Million Yuan; Shares Down 4%

Willfar Information Technology (SHA:688100) won two projects for a total of 28.9 million yuan, according to a Tuesday filing on the Shanghai Stock Exchange. The Chinese information technology services

MT NewswiresJul 2 01:10 ET

Willfar Information Technology (688100.SH): won a project contract worth 28.8668 million yuan in June.

On July 1st, GeLongHui reported that Willfar Information Technology (688100.SH) has won two projects in June: the base components and electronic components procurement project for NB-IoT smart water meters of Guangzhou SuiShui Trading Co., Ltd. in 2024 with a winning amount of RMB 18.048 million. Also, the fourth single-source batch project for the Provincial Industrial Industry of Hunan Xingdian Group Co., Ltd. in 2024 with a winning amount of RMB 10.8188 million. The total amount of these projects is approximately RMB 28.8668 million, accounting for 1.30% of the company's audited total operating income in 2023.

Gelonghui FinanceJul 1 06:33 ET

Some Shareholders Feeling Restless Over Willfar Information Technology Co., Ltd.'s (SHSE:688100) P/E Ratio

When close to half the companies in China have price-to-earnings ratios (or "P/E's") below 30x, you may consider Willfar Information Technology Co., Ltd. (SHSE:688100) as a stock to potentially avoid

Simply Wall StJun 19 18:05 ET

Willfar Information Technology Bags 85 Million Yuan Worth of Projects in May

Willfar Information Technology (SHA:688100) won bids amounting to 84.6 million yuan for the month of May, the Chinese information technology services provider said in its filing on the Shanghai Stock

MT NewswiresJun 3 23:55 ET