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    601138   CNE1000031P3

FOXCONN INDUSTRIAL INTERNET CO., LTD.

(601138)
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Foxconn and Gogoro Announce Strategic Partnership to Accelerate Expansion of Gogoro's Battery Swapping System and Smartscooters

06/23/2021 | 04:12am EDT

Foxconn and Gogoro announced they had signed a Memorandum of Understanding to form a strategic technology and manufacturing partnership. Together, the companies will accelerate Gogoro's global expansion by utilizing Foxconn's world-leading manufacturing capabilities to introduce new levels of manufacturing capabilities and scale for Gogoro battery swapping technologies and Smartscooters. The announcement follows Gogoro's recent market announcements in India and China and growing interest for its battery swapping ecosystem around the world. Foxconn and Gogoro will begin collaborating on multiple projects including smart batteries, vehicle engineering and manufacturing. By integrating Foxconn's strong manufacturing, global capabilities and top quality, Gogoro will focus on its own product design, technology development, marketing and branding, expanded distribution and customer service channels.


ę S&P Capital IQ 2021
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Analyst Recommendations on FOXCONN INDUSTRIAL INTERNET CO., LTD.
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Financials
Sales 2021 466 B 72 053 M 72 053 M
Net income 2021 20 247 M 3 131 M 3 131 M
Net cash 2021 58 882 M 9 107 M 9 107 M
P/E ratio 2021 11,5x
Yield 2021 1,76%
Capitalization 233 B 36 103 M 36 105 M
EV / Sales 2021 0,37x
EV / Sales 2022 0,32x
Nbr of Employees 196 159
Free-Float 13,8%
Chart FOXCONN INDUSTRIAL INTERNET CO., LTD.
Duration : Period :
Foxconn Industrial Internet Co., Ltd. Technical Analysis Chart | 601138 | CNE1000031P3 | MarketScreener
Technical analysis trends FOXCONN INDUSTRIAL INTERNET CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 11,75 CNY
Average target price 17,18 CNY
Spread / Average Target 46,2%
EPS Revisions
Managers and Directors
Hong Meng Zheng Vice Chairman & General Manager
Chun Hung Kuo Chief Financial Officer & Board Secretary
Jun Qi Li Chairman
Guo Hui Hu Chairman-Supervisory Board
Tai Yu Zhou Director & Chief Technology Officer
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