GCL-Poly Energy’s PE Ratio Exceeds 118 as New 50 Million Yuan Tech Company Launches in Wuhu

GCL-Poly


GCL-Poly Energy (002506) closed at 2.22 yuan per share on April 14, showing an increase of 0.91% from the previous trading day. The total trading volume for the day reached 1.42 billion yuan, resulting in a market capitalization of approximately 12.988 billion yuan. The company’s latest price-to-earnings (P/E) ratio stands at 118.93, and its price-to-book (P/B) ratio is 5.26. The trading volume was recorded at 636,046 lots, with the share price fluctuating between 2.21 yuan and 2.25 yuan.

Recent reports indicate that GCL-Poly Energy has established a wholly-owned subsidiary, Wuhu GCL-Jingyao Technology Co., Ltd., in Wuhu, Anhui, with a registered capital of 50 million yuan. The new company will focus on various areas including photovoltaic equipment manufacturing, battery sales, and solar power technology services. Shi Jiawei has been appointed as the legal representative of the new entity.

Risk Warning: The information provided above does not constitute any investment advice. The market carries risks, and decisions should be made with caution.

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