Loading...
2338 logo

Weichai Power Co., Ltd.SEHK:2338 Stock Report

Market Cap HK$302.8b
Share Price
HK$38.52
HK$44.31
13.1% undervalued intrinsic discount
1Y133.5%
7D11.3%
1D
Portfolio Value
View

Weichai Power Co., Ltd.

SEHK:2338 Stock Report

Market Cap: HK$302.8b

Weichai Power (2338) Stock Overview

Engages in the automobile and equipment manufacturing industry in China and internationally. More details

2338 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for 2338 from our risk checks.

2338 Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Weichai Power Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Weichai Power
Historical stock prices
Current Share PriceHK$38.52
52 Week HighHK$45.44
52 Week LowHK$13.62
Beta1.63
1 Month Change-3.99%
3 Month Change40.58%
1 Year Change133.45%
3 Year Change237.30%
5 Year Change134.31%
Change since IPO4,299.02%

Recent News & 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...

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...

Shareholder Returns

2338HK MachineryHK Market
7D11.3%1.3%0.2%
1Y133.5%48.0%4.5%

Return vs Industry: 2338 exceeded the Hong Kong Machinery industry which returned 48% over the past year.

Return vs Market: 2338 exceeded the Hong Kong Market which returned 4.5% over the past year.

Price Volatility

Is 2338's price volatile compared to industry and market?
2338 volatility
2338 Average Weekly Movement8.8%
Machinery Industry Average Movement8.8%
Market Average Movement7.5%
10% most volatile stocks in HK Market16.0%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 2338 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2338's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002101,440Decheng Wangwww.weichaipower.com

Weichai Power Co., Ltd. engages in the automobile and equipment manufacturing industry in China and internationally. The company operates through the Engines, Automobiles and Auto Parts, Agricultural Equipment, and Intelligent Logistics segments. It offers engines for trucks, buses, construction machinery, and agricultural tractors and harvesters; energy and power solutions, including generator sets and industrial power products; transmission, PTO, and auto transmission products; axles for trucks, buses, and construction machineries; and hydraulics comprising variable displacement pumps, VT modular valves, electronic units, and excavator and agriculture machine powertrain systems.

Weichai Power Co., Ltd. Fundamentals Summary

How do Weichai Power's earnings and revenue compare to its market cap?
2338 fundamental statistics
Market capHK$302.83b
Earnings (TTM)HK$13.11b
Revenue (TTM)HK$274.69b
25.5x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2338 income statement (TTM)
RevenueCN¥236.91b
Cost of RevenueCN¥187.52b
Gross ProfitCN¥49.39b
Other ExpensesCN¥38.08b
EarningsCN¥11.31b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.31
Gross Margin20.85%
Net Profit Margin4.77%
Debt/Equity Ratio34.0%

How did 2338 perform over the long term?

See historical performance and comparison

Dividends

2.2%
Current Dividend Yield
56%
Payout Ratio

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