Ankündigung • Jul 10
Weifu High-Technology Group Co., Ltd. Announces Final Cash Dividend on B Shares for the Year 2025, Payable on 17 July 2026 Weifu High-Technology Group Co., Ltd. announced final cash dividend of CNY 7.00000000 per 10 B shares for the Year 2025. Ex-date: 15 July 2026; Record date: 17 July 2026; Payment date: 17 July 2026. Ankündigung • Jul 01
Weifu High-Technology Group Co., Ltd. Approves Cash Dividend for 2025 Weifu High-Technology Group Co., Ltd. at its AGM held on June 29, 2026, approved cash dividend of CNY 7.00000000 per 10 shares (tax included) for 2025. Ankündigung • Jun 30
Weifu High-Technology Group Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Weifu High-Technology Group Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Jun 30
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (130% cash payout ratio). Profit margins are more than 30% lower than last year (8.9% net profit margin). Ankündigung • Jun 10
Weifu High-Technology Group Co., Ltd. Proposes Cash Dividend for the Year 2025 Weifu High-Technology Group Co., Ltd. will hold the 2025 Annual General Meeting on 29 June 2026. The detailed profit distribution plan is as follows: Cash dividend per ten shares (tax included): CNY 7.00000000 for 2025. Ankündigung • Jun 09
Weifu High-Technology Group Co., Ltd., Annual General Meeting, Jun 29, 2026 Weifu High-Technology Group Co., Ltd., Annual General Meeting, Jun 29, 2026, at 14:30 China Standard Time. Location: No. 6, Huashan Road, Xinwu District, Wuxi, Jiangsu China Board Change • May 20
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Jiayi Li was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 31
Weifu High-Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Weifu High-Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Ankündigung • Dec 31
Weifu High-Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Weifu High-Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Ankündigung • Sep 30
Weifu High-Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Weifu High-Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Ankündigung • Jul 02
Weifu High-Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Weifu High-Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Ankündigung • Jun 13
Weifu High-Technology Group Co., Ltd. Announces Dividend on B Shares for the Year 2024, Payable on June 20, 2025 Weifu High-Technology Group Co., Ltd. announces final profit distribution of Cash dividend/10 shares: CNY 9.00000000 plan to be implemented (B shares) for the year 2024. Record date: 20 June 2025,Ex-date: 18 June 2025
Payment date: 20 June 2025. Ankündigung • May 13
Weifu High-Technology Group Co., Ltd. Approves Profit Distribution Plan for 2024 Weifu High-Technology Group Co., Ltd. held its Annual General Meeting of 2024 on 09 May 2025, were approved 2024 profit distribution plan as Cash dividend/10 shares (tax included): CNY 9.00000000. Ankündigung • Mar 31
Weifu High-Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Weifu High-Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Ankündigung • Feb 24
Weifu High-Technology Group Co., Ltd. (SZSE:000581) completed the acquisition of remaining 5.19% stake in Wuxi Weifu Lida Catalytic Converter Co. Ltd. from Wuxi Industry Development Group Co., Ltd. Weifu High-Technology Group Co., Ltd. (SZSE:000581) agreed to acquire remaining 5.19% stake in Wuxi Weifu Lida Catalytic Converter Co. Ltd. from Wuxi Industry Development Group Co., Ltd. for approximately CNY 190 million on October 23, 2024. A cash consideration of CNY 191.12 million will be paid by Weifu High-Technology Group Co., Ltd. As part of consideration, CNY 191.12 million is paid towards common equity of Wuxi Weifu Lida Catalytic Converter Co. Ltd. Upon completion, Weifu High-Technology Group Co., Ltd. will own 100% stake in Wuxi Weifu Lida Catalytic Converter Co. Ltd. The transaction will be financed through equity investment of CNY 191.12 million. As of September 30, 2024, Wuxi Weifu Lida Catalytic Converter Co. Ltd. reported total assets of CNY 6.08 billion and total common equity of CNY 3.1 billion. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
Weifu High-Technology Group Co., Ltd. (SZSE:000581) completed the acquisition of remaining 5.19% stake in Wuxi Weifu Lida Catalytic Converter Co. Ltd. from Wuxi Industry Development Group Co., Ltd. on February 22, 2025. Ankündigung • Dec 31
Weifu High-Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Weifu High-Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.38 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.33 (down from CN¥0.38 in 3Q 2023). Revenue: CN¥2.52b (up 14% from 3Q 2023). Net income: CN¥323.1m (down 14% from 3Q 2023). Profit margin: 13% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 09
Weifu High-Technology Group Co., Ltd. Implements 2024 Interim Profit Distribution Plan on A Shares, Payable on 15 October 2024 Weifu High-Technology Group Co., Ltd. announced the 2024 interim profit distribution plan to be implemented (A shares): Cash dividend (tax included) of CNY 2.20000000 per 10 shares. Record date: 14 October 2024 with Ex-date: 15 October 2024. Payment date: 15 October 2024. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥19.17, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 6.7% over the past three years. Ankündigung • Sep 30
Weifu High-Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Weifu High-Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Ankündigung • Aug 24
Weifu High-Technology Group Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024 Weifu High-Technology Group Co., Ltd. proposed interim Cash dividend/10 shares (tax included) of CNY2.20000000 for the first half of 2024. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.55 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.42 (down from CN¥0.55 in 2Q 2023). Revenue: CN¥2.79b (down 6.5% from 2Q 2023). Net income: CN¥405.2m (down 24% from 2Q 2023). Profit margin: 14% (down from 18% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Ankündigung • Jun 29
Weifu High-Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Weifu High-Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Declared Dividend • Jun 17
Dividend increased to CN¥1.00 Dividend of CN¥1.00 is 900% higher than last year. Ex-date: 20th June 2024 Payment date: 20th June 2024 Dividend yield will be 5.6%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.9% over the next year. However, it would need to fall by 45% to increase the payout ratio to a potentially unsustainable range. Ankündigung • Apr 16
Weifu High-Technology Group Co., Ltd., Annual General Meeting, May 17, 2024 Weifu High-Technology Group Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: CN¥1.88 (vs CN¥0.09 in FY 2022) Full year 2023 results: EPS: CN¥1.88 (up from CN¥0.09 in FY 2022). Revenue: CN¥11.1b (down 13% from FY 2022). Net income: CN¥1.84b (up CN¥1.72b from FY 2022). Profit margin: 17% (up from 0.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 30
Weifu High-Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Weifu High-Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Ankündigung • Dec 29
Weifu High-Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Weifu High-Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Ankündigung • Jul 01
Weifu High-Technology Group Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Weifu High-Technology Group Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Ankündigung • Jun 01
Weifu High-Technology Group Co., Ltd. Approves Cash Dividend Weifu High-Technology Group Co., Ltd. held its Annual General Meeting of 2022 on 26 May 2023, during which it approved: Cash dividend/10 shares (tax included): CNY 1.00000000.