Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.94 (vs CN¥0.64 in FY 2024) Full year 2025 results: EPS: CN¥0.94 (up from CN¥0.64 in FY 2024). Revenue: CN¥535.4m (up 9.4% from FY 2024). Net income: CN¥133.0m (up 48% from FY 2024). Profit margin: 25% (up from 18% in FY 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Zhejiang Weigang Technology Co., Ltd., Annual General Meeting, May 20, 2026 Zhejiang Weigang Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:55 China Standard Time. Location: The Company's Meeting Room, Pingyang County, Zhejiang China Announcement • Mar 31
Zhejiang Weigang Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Zhejiang Weigang Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥26.41, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 52x in the Machinery industry in China. Total returns to shareholders of 39% over the past three years. Announcement • Dec 31
Zhejiang Weigang Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Zhejiang Weigang Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.15 in 3Q 2024). Revenue: CN¥149.8m (up 7.7% from 3Q 2024). Net income: CN¥30.0m (up 37% from 3Q 2024). Profit margin: 20% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue. Announcement • Sep 30
Zhejiang Weigang Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Zhejiang Weigang Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 02
Zhejiang Weigang Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Zhejiang Weigang Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 26
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 29th May 2025 Payment date: 29th May 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years. Reported Earnings • Apr 29
Full year 2024 earnings released: EPS: CN¥0.64 (vs CN¥0.58 in FY 2023) Full year 2024 results: EPS: CN¥0.64 (up from CN¥0.58 in FY 2023). Revenue: CN¥489.2m (up 17% from FY 2023). Net income: CN¥90.2m (up 8.3% from FY 2023). Profit margin: 18% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Apr 29
Zhejiang Weigang Technology Co., Ltd., Annual General Meeting, May 20, 2025 Zhejiang Weigang Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:55 China Standard Time. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥23.00, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 55% over the past year. Announcement • Mar 31
Zhejiang Weigang Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Weigang Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Mar 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥31.36, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 43x in the Machinery industry in China. Total returns to shareholders of 112% over the past year. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥22.00, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 42x in the Machinery industry in China. Total returns to shareholders of 58% over the past year. Announcement • Dec 31
Zhejiang Weigang Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Zhejiang Weigang Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Announcement • Nov 28
Zhejiang Weigang Technology Co., Ltd. (SZSE:001256) agreed to acquire 9.33% stake in Hysol Huawei Electronics Co., Ltd. from Hangzhou Shuhui Industrial Co., Ltd. for CNY 149.26 million. Zhejiang Weigang Technology Co., Ltd. (SZSE:001256) agreed to acquire 9.33% stake in Hysol Huawei Electronics Co., Ltd. from Hangzhou Shuhui Industrial Co., Ltd. for CNY 149.26 million on November 24, 2024. A cash consideration of CNY 149.26 million will be paid by Zhejiang Weigang Technology Co., Ltd. As part of consideration, CNY 149.26 million is paid towards common equity of Hysol Huawei Electronics Co., Ltd. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. Announcement • Nov 27
Jiangsu HHCK Advanced Materials Co.,Ltd (SHSE:688535) agreed to acquire remaining 70% stake in Hysol Huawei Electronics Co., Ltd. from a group of shareholders. Jiangsu HHCK Advanced Materials Co.,Ltd (SHSE:688535) agreed to acquire remaining 70% stake in Hysol Huawei Electronics Co., Ltd. from a group of shareholders on November 26, 2024. As part of consideration cash, convertible corporate bonds and shares will be issued towards common equity of Hysol Huawei Electronics Co., Ltd. Upon completion, Jiangsu HHCK Advanced Materials Co.,Ltd will own 100% stake in Hysol Huawei Electronics Co., Ltd.
As of September 30, 2024, Hysol Huawei Electronics Co., Ltd. reported total assets of CNY 527.8 million and total common equity of CNY 399.66 million. The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders and approval of offer by acquirer board. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥18.88, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 5.7% over the past year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15. Revenue: CN¥139.0m (up 12% from 3Q 2023). Net income: CN¥22.0m (down 1.5% from 3Q 2023). Profit margin: 16% (down from 18% in 3Q 2023). Announcement • Sep 30
Zhejiang Weigang Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Zhejiang Weigang Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.91, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 29x in the Machinery industry in China. Total loss to shareholders of 12% over the past year. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.18 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.25 (up from CN¥0.18 in 2Q 2023). Revenue: CN¥140.8m (up 22% from 2Q 2023). Net income: CN¥35.4m (up 40% from 2Q 2023). Profit margin: 25% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue. Announcement • Jun 29
Zhejiang Weigang Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Zhejiang Weigang Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • May 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Announcement • May 25
Zhejiang Weigang Technology Co., Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 29 May 2024 Zhejiang Weigang Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 28 May 2024. Ex-date: 29 May 2024. Payment date: 29 May 2024. Announcement • Apr 30
Zhejiang Weigang Technology Co., Ltd., Annual General Meeting, May 20, 2024 Zhejiang Weigang Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:55 China Standard Time. Location: The Company's Meeting Room, Pingyang County, Zhejiang China Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.74 in FY 2022) Full year 2023 results: EPS: CN¥0.58. Revenue: CN¥416.6m (up 7.1% from FY 2022). Net income: CN¥83.3m (up 2.9% from FY 2022). Profit margin: 20% (in line with FY 2022). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.66, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 31% over the past year. Announcement • Mar 30
Zhejiang Weigang Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang Weigang Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥12.38, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 23x in the Machinery industry in China. Total loss to shareholders of 45% over the past year. Buy Or Sell Opportunity • Feb 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥13.90. The fair value is estimated to be CN¥18.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has declined by 44%. Announcement • Jan 31
Zhejiang Weigang Technology Co., Ltd. (SZSE:001256) announces an Equity Buyback for CNY 30 million worth of its shares. Zhejiang Weigang Technology Co., Ltd. (SZSE:001256) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The shares will be purchased at a price not exceeding CNY 25 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.42, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 28x in the Machinery industry in China. Total loss to shareholders of 30% over the past year. Announcement • Dec 30
Zhejiang Weigang Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Zhejiang Weigang Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 New Risk • Sep 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. New Risk • Jul 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥26.14, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 32x in the Machinery industry in China. 
