Trade Zhuzhou CRRC Times Electric Co. Ltd. - 3898 CFD

Trading Conditions
Spread0.15
Long position overnight fee
Long position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
-0.021963 %
(-HK$0.88)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


-0.021963%
Short position overnight fee
Short position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
0.000045 %
(HK$0.00)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


0.000045%
Overnight fee time21:00 (UTC)
CurrencyHKD
Min traded quantity1
Margin20
Stock exchangeHong Kong
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close29.2
Open30.55
1-Year Change-1.45%
Day's Range29.55 - 30.7

Zhuzhou CRRC Company profile

About Zhuzhou CRRC Times Electric Co Ltd

Zhuzhou CRRC Times Electric Co Ltd is a company mainly engaged in the research and development (R&D), design, manufacturing and sales of rail transit equipment products. The Company is also engaged in R&D, design, manufacturing and sales of emerging equipment. The rail transit equipment business mainly includes rail transit electrical equipment, such as traction converter system, information and intelligent system products, power supply system and test equipment, and rail engineering machinery and communication signal system. The emerging equipment business includes power semiconductor devices, industrial converter products, electric drive systems of new energy vehicles, sensor devices and marine engineering equipment.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Zhuzhou CRRC Times Electric Co Ltd revenues decreased 14% to RMB8.53B. Net income decreased 20% to RMB1.2B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Credit impairment, net increase from RMB7.5M (income) to RMB51.3M (expense), Other income decrease of 9% to RMB346.3M (income).