Corporate News Report – Wolong Electric Group Co. Ltd. (Ticker: 600580.SS)
1. Trading Overview
- Opening Price (24‑hour period ending 01:20 PM CET, Wednesday 21 Oct 2026): CNY 24.35
- Price Movement: Flat (0 %)
- Market Capitalisation: CNY 38.5 bn
- Total Shares Outstanding: 1.6 bn
- 24‑hour Trading Volume: CNY 849 mn
- 24‑hour Turnover Ratio: 5.54 % (calculated as volume ÷ outstanding shares)
2. Historical Price Metrics
- 52‑Week High: CNY 51.4 on 31 Dec 2025
- 52‑Week Low: CNY 22.8 on 15 Oct 2026
- 200‑Day Simple Moving Average (SMA): CNY 32.00
- Month‑End Change (from 30 Sep 2026): Down 10.01 %
3. Earnings and Valuation (as of 21 Oct 2026)
- Current Price‑to‑Earnings (P/E) Ratio: Not provided in the source data.
- Dividend Yield: Not disclosed.
4. Recent News Context
The supplied information does not include any recent news items or financial updates for Wolong Electric Group beyond the market‑performance data. Therefore, no commentary on earnings releases, corporate actions, or regulatory filings can be provided.
5. Peer Performance Snapshot (Last 24 Hours)
| Stock | Ticker | Price Trend | Current Price (CNY/HKD) | Market Cap (CNY/HKD) | P/E Ratio |
|---|---|---|---|---|---|
| Jiangsu Yoke | 002409.SZ | Flat (0 %) | 96.8 | 45.7 bn | 44.55 |
| Guangdong Fenghua Advanced | 000636.SZ | Flat (0 %) | 41.02 | 46.1 bn | 115.14 |
| Sigmastar | 301536.SZ | Flat (0 %) | 108.5 | 45.5 bn | — |
| Hongfa | 600885.SS | Flat (0 %) | 29.63 | 45.8 bn | 22.42 |
| China Communications Construction | 1800.HK | Down –0.9 % | 3.28 HKD | 53.8 bn | 8.46 |
Note: Prices are quoted in local currency units at the time of the 24‑hour snapshot.
6. Company Profile Summary
- Industry: Manufacturing of mini electric machinery and related products.
- Products: Industrial electric machines, micro motors for household appliances, motorcycles, mini vehicles, and power‑driven golf carts.
- Founded: 2002 (IPO on 23 May 2002).
- Listing: Shanghai Stock Exchange (Ticker: 600580.SS).
- Website: www.wolong.com.cn .
7. Key Takeaways
- Stable Trading Day: Wolong Electric shares remained unchanged during the examined period.
- Significant Decline Since Month‑End: A 10.01 % drop indicates potential market concerns or sector rotation.
- Valuation Context: The current price lies below the 200‑day SMA and near the 52‑week low, suggesting a valuation at the lower end of the historical range.
- Peer Comparison: Among the listed peers, Wolong Electric trades at a lower price relative to its market cap, though P/E data is incomplete for full comparison.
This report compiles available factual data and omits speculative or unverified information.
