Ningbo Tuopu Group Co Ltd
SSE:601689

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Ningbo Tuopu Group Co Ltd
SSE:601689
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Price: 50.62 CNY -1.34% Market Closed
Market Cap: 88B CNY

Ningbo Tuopu Group Co Ltd's latest stock split occurred on Jul 10, 2019

The company executed a 29-for-20 stock split, meaning that for every 20 shares held, investors received 29 new shares.

Before the split, Ningbo Tuopu Group Co Ltd traded at 16.01 per share. Afterward, the share price was about 10.5278.

The adjusted shares began trading on Jul 10, 2019. This was the only stock split in Ningbo Tuopu Group Co Ltd's history.

Last Splits:
Jul 10, 2019
29-for-20
Pre-Split Price
10.4681 16.01
Post-Split Price
10.5278
Before
After
Last Splits:
Jul 10, 2019
29-for-20

Ningbo Tuopu Group Co Ltd
Stock Splits History

Ningbo Tuopu Group Co Ltd Stock Splits Timeline
Jul 10, 2019
Jul 10, 2019
Split 29-for-20
x1.45
Pre-Split Price
10.4681 16.01
Post-Split Price
10.5278
Before
After

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x1.1575603557814
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Ningbo Tuopu Group Co Ltd
Glance View

Market Cap
85.3B CNY
Industry
Auto Components

In the bustling industrial realms of China, Ningbo Tuopu Group Co Ltd has carved a significant niche for itself as a pivotal player in the automotive component industry. Established in the dynamic city of Ningbo, this company has steadily evolved from its humble beginnings into a sophisticated powerhouse, supplying a diverse range of automotive components across global markets. Specializing in the manufacturing of rubber and plastic automotive parts, the group's prowess lies in its vertically integrated operations, which encompass everything from research and development to production and sales. This holistic approach enables the company to maintain stringent quality control and offers cost efficiencies that are attractive to some of the world's leading automotive manufacturers. Ningbo Tuopu's primary revenue stream flows from its contracts with global automotive giants, allowing them to contribute critical parts such as chassis, powertrains, and noise reduction components essential for modern vehicles. The company's commitment to innovation is evident in its substantial investment in R&D, focused on developing cutting-edge solutions that cater to new automotive trends like electrification and automation. By aligning its product offerings with the evolving demands of the automotive market, Ningbo Tuopu not only fortifies its position in the industry but also ensures a robust growth trajectory. With a keen understanding of market dynamics and an ever-expanding global footprint, the company has effectively positioned itself at the forefront of the next generation of automotive innovations.

Intrinsic Value
68.12 CNY
Undervaluation 26%
Intrinsic Value
Price
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