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Hisense Home Appliances Group Co ( (HK:0921) ) has shared an announcement.
Hisense Home Appliances Group Co., Ltd. announced a supplemental update regarding a connected transaction involving the acquisition of target equity. The valuation of the target company was conducted using the income approach, specifically the discounted future cash flow method, due to the company’s stable operations and predictable returns. The acquisition price was adjusted based on a dividend distribution post-valuation, resulting in a final consideration of RMB94,290,516.95. This transaction complies with the relevant listing rules, and the valuation approach was chosen due to the clear asset ownership and financial records of the target company.
The most recent analyst rating on (HK:0921) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Hisense Home Appliances Group Co stock, see the HK:0921 Stock Forecast page.
More about Hisense Home Appliances Group Co
Hisense Home Appliances Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company is involved in the development and manufacturing of household appliance components, OEM products, high-end satellite antennas, automotive parts, TV mounts, and hardware furniture. It possesses strong metal stamping component manufacturing capabilities and operates with a significant sheet metal processing capacity.
Average Trading Volume: 3,396,923
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$37.31B
For a thorough assessment of 0921 stock, go to TipRanks’ Stock Analysis page.