Report
EUR 14.48 For Business Accounts Only

CHAOWEI POWER HDG.LTD. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of CHAOWEI POWER HDG.LTD. (HK), active in the Renewable Energy Equipment industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date March 12, 2019, the closing price was HKD 3.06 and its target price was estimated at HKD 2.48.
Underlying
Chaowei Power Holdings (P Chip)

Chaowei Power Holdings is primarily engaged in the manufacturing and sale of lead-acid motive batteries and other related products under the Chaowei (ChilWee) brand. Co.'s products are principally utilised in electric bikes, electric vehicles and special-purpose electric vehicles. In addition to lead-acid motive batteries, Co. also produces and launches lead-acid storage batteries, as well as lithium-ion batteries. As of Dec 31 2012, Co. had a distribution network of 997 distributors across the People's Republic of China.

Provider
TheScreener
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