An increasingly favourable environment allows WEICHAI POWER CO LTD to improve to Neutral
The independent financial analyst theScreener just upgraded the general evaluation of WEICHAI POWER CO LTD (CN), a company active in the Industrial Machinery industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date March 22, 2022, the closing price was CNY 13.75 and its expected value was estimated at CNY 15.14.Weichai Power is engaged in the manufacture and sale of diesel engines and related parts, automobiles and other major automobile components, minor automobile components, and import and export services. Through its subsidiaries, Co. is also engaged in trading of spare parts of diesel engine, lubricant oil products, automotive components, spark plugs and heavy duty trucks; manufacture and sale of motor vehicles; provision of casting product and related development services; warehouse management and construction services; and properties development.
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