Weichai Power Co., Ltd.

SEHK:2338 Stock Report

Market Cap: HK$302.8b

Weichai Power Future Growth

Future criteria checks 4/6

Weichai Power is forecast to grow earnings and revenue by 20.2% and 9% per annum respectively. EPS is expected to grow by 19.9% per annum. Return on equity is forecast to be 15.7% in 3 years.

Key information

20.2%

Earnings growth rate

19.94%

EPS growth rate

Machinery earnings growth25.8%
Revenue growth rate9.0%
Future return on equity15.71%
Analyst coverage

Good

Last updated15 Jun 2026

Recent future growth updates

Recent updates

Analysis Article • May 08

We Think You Can Look Beyond Weichai Power's (HKG:2338) Lackluster Earnings

The market was pleased with the recent earnings report from Weichai Power Co., Ltd. ( HKG:2338 ), despite the profit...
Analysis Article • Feb 16

Here's Why We Think Weichai Power (HKG:2338) Might Deserve Your Attention Today

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Feb 02

We Think Weichai Power (HKG:2338) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jan 21

Weichai Power Co., Ltd.'s (HKG:2338) 26% Share Price Surge Not Quite Adding Up

Despite an already strong run, Weichai Power Co., Ltd. ( HKG:2338 ) shares have been powering on, with a gain of 26% in...
Analysis Article • Dec 23

Weichai Power's (HKG:2338) Returns Have Hit A Wall

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Dec 11

Should You Investigate Weichai Power Co., Ltd. (HKG:2338) At HK$19.83?

Let's talk about the popular Weichai Power Co., Ltd. ( HKG:2338 ). The company's shares received a lot of attention...
Analysis Article • Nov 30

Is There An Opportunity With Weichai Power Co., Ltd.'s (HKG:2338) 39% Undervaluation?

Key Insights Weichai Power's estimated fair value is HK$31.62 based on 2 Stage Free Cash Flow to Equity Weichai Power...
Analysis Article • Nov 06

Weichai Power's (HKG:2338) Performance Is Even Better Than Its Earnings Suggest

Weichai Power Co., Ltd. ( HKG:2338 ) recently posted some strong earnings, and the market responded positively. Our...
Analysis Article • Nov 05

There's Reason For Concern Over Weichai Power Co., Ltd.'s (HKG:2338) Massive 26% Price Jump

Weichai Power Co., Ltd. ( HKG:2338 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Oct 16

Weichai Power (HKG:2338) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Sep 19

Weichai Power (HKG:2338) Will Pay A Dividend Of CN¥0.3925

Weichai Power Co., Ltd. ( HKG:2338 ) has announced that it will pay a dividend of CN¥0.3925 per share on the 24th of...
Analysis Article • Aug 29

Should You Think About Buying Weichai Power Co., Ltd. (HKG:2338) Now?

Weichai Power Co., Ltd. ( HKG:2338 ) saw significant share price movement during recent months on the SEHK, rising to...
Analysis Article • Aug 18

A Look At The Intrinsic Value Of Weichai Power Co., Ltd. (HKG:2338)

SEHK:2338 1 Year Share Price vs Fair Value Explore Weichai Power's Fair Values from the Community and select yours Key...
Analysis Article • Jul 24

Returns On Capital At Weichai Power (HKG:2338) Have Hit The Brakes

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Jul 13

What Weichai Power Co., Ltd.'s (HKG:2338) P/E Is Not Telling You

It's not a stretch to say that Weichai Power Co., Ltd.'s ( HKG:2338 ) price-to-earnings (or "P/E") ratio of 10.9x right...
Analysis Article • Jun 30

These 4 Measures Indicate That Weichai Power (HKG:2338) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Earnings and Revenue Growth Forecasts

SEHK:2338 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028305,19320,25833,51141,76015
12/31/2027275,80417,40133,94236,09920
12/31/2026255,71514,50125,36830,57016
3/31/2026236,90911,30524,34630,611N/A
12/31/2025231,80910,93121,88528,682N/A
9/30/2025224,30811,88020,54327,593N/A
6/30/2025216,35311,14312,71120,129N/A
3/31/2025216,77411,51412,55619,836N/A
12/31/2024215,69111,40318,73426,094N/A
9/30/2024215,52910,91413,26020,898N/A
6/30/2024220,31311,01820,06827,381N/A
3/31/2024216,9049,75822,49129,554N/A
12/31/2023213,9589,01420,27127,471N/A
9/30/2023205,0178,09413,56520,156N/A
6/30/2023194,5236,4135,07611,679N/A
3/31/2023183,4045,658-5,956402N/A
1/1/2023175,1584,905-8,985-2,349N/A
9/30/2022170,8494,7442,3989,315N/A
6/30/2022171,6685,3742,7029,543N/A
3/31/2022199,9897,24613,15319,876N/A
1/1/2022220,2159,49314,46520,717N/A
9/30/2021229,79410,18323,98629,723N/A
6/30/2021238,11011,05823,45428,994N/A
3/31/2021223,70310,51324,38130,105N/A
12/31/2020197,2889,22817,22622,992N/A
9/30/2020195,0369,15316,23122,073N/A
6/30/2020177,9938,49816,50422,444N/A
3/31/2020168,1488,5789,88815,614N/A
12/31/2019174,3619,105N/A23,835N/A
9/30/2019167,7829,714N/A19,785N/A
6/30/2019167,8549,552N/A19,175N/A
3/31/2019165,2559,329N/A21,816N/A
12/31/2018159,2568,658N/A22,262N/A
9/30/2018158,2018,206N/A16,938N/A
6/30/2018161,5208,551N/A20,191N/A
3/31/2018155,7937,548N/A16,191N/A
12/31/2017151,5696,808N/A16,443N/A
9/30/2017141,4585,504N/A12,753N/A
6/30/2017122,9354,020N/A10,951N/A
3/31/2017109,1703,164N/A7,565N/A
12/31/201693,1842,441N/A8,250N/A
9/30/201682,8721,911N/A6,078N/A
6/30/201680,2741,514N/A7,376N/A
3/31/201675,6301,269N/A9,274N/A
12/31/201574,1681,412N/A6,839N/A
9/30/201578,0621,599N/A9,362N/A
6/30/201581,9812,207N/A12,011N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2338's forecast earnings growth (20.2% per year) is above the savings rate (3%).

Earnings vs Market: 2338's earnings (20.2% per year) are forecast to grow faster than the Hong Kong market (12.7% per year).

High Growth Earnings: 2338's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2338's revenue (9% per year) is forecast to grow faster than the Hong Kong market (8.8% per year).

High Growth Revenue: 2338's revenue (9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2338's Return on Equity is forecast to be low in 3 years time (15.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 00:09
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Weichai Power Co., Ltd. is covered by 36 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victoria LiBarclays
Joy ZhangBNP Paribas
Fuyin LiangBofA Global Research