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    603129   CNE100002W84

ZHEJIANG CFMOTO POWER CO.,LTD

(603129)
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Zhejiang Cfmoto Power Co.,Ltd announced that it expects to receive CNY 1.7270082 billion in funding

03/15/2021 EDT

Zhejiang Cfmoto Power Co.,Ltd (SHSE:603129) announced a private placement of A-shares for not more than 30% of total share capital (134,377,300 shares) i.e. 40,313,190 shares for gross proceeds of not more than CNY 1,727,008,200 on March 15, 2021.The transaction was approved at the 22nd meeting of the 4th board of directors of the company. The transaction is subject to shareholders' approval and approval from China Securities Regulatory Commission. The shares shall not be transferred within six months from the end of the issuance. The total number of investors in this deal shall not exceed 35 in number. The issue price shall not go lower than 80% of the average price of the shares of the company 20 trading days prior to the first day of issuance.


ę S&P Capital IQ 2021
All news about ZHEJIANG CFMOTO POWER CO.,LTD
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2020Zhejiang Cfmoto Power Co.,Ltd Reports Earnings Results for the Half Year Ended June 30,..
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More news
Financials
Sales 2021 7 202 M 1 114 M 1 114 M
Net income 2021 475 M 73,5 M 73,5 M
Net cash 2021 2 853 M 441 M 441 M
P/E ratio 2021 33,9x
Yield 2021 0,85%
Capitalization 15 906 M 2 460 M 2 460 M
EV / Sales 2021 1,81x
EV / Sales 2022 1,32x
Nbr of Employees 1 912
Free-Float 43,9%
Chart ZHEJIANG CFMOTO POWER CO.,LTD
Duration : Period :
Zhejiang Cfmoto Power Co.,Ltd Technical Analysis Chart | 603129 | CNE100002W84 | MarketScreener
Technical analysis trends ZHEJIANG CFMOTO POWER CO.,LTD
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 120,00 CNY
Average target price 157,50 CNY
Spread / Average Target 31,3%
EPS Revisions
Managers and Directors
Min Jie Lai Vice Chairman & General Manager
Wei Si Chief Financial Officer
Guo Gui Lai Chairman
Lei Ming Yu Chairman-Supervisory Board
Yue Cao Independent Director
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