2698 logo

Weiqiao Textile Company Limited Stock Price

SEHK:2698 Community·HK$4.2b Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 0 Fair Values set on narratives written by author

2698 Share Price Performance

HK$0
0.00 (0.00%)
HK$0
0.00 (0.00%)
Sorry, there is currently no price data for this company.

2698 Community Narratives

There are no narratives available yet.

Recent 2698 News & Updates

Weiqiao Textile (HKG:2698) Will Be Hoping To Turn Its Returns On Capital Around

Jul 16
Weiqiao Textile (HKG:2698) Will Be Hoping To Turn Its Returns On Capital Around

Weiqiao Textile Company Limited Key Details

CN¥16.2b

Revenue

CN¥16.8b

Cost of Revenue

-CN¥575.0m

Gross Profit

CN¥837.0m

Other Expenses

-CN¥1.4b

Earnings

Last Reported Earnings
Jun 30, 2023
Next Reporting Earnings
n/a
Earnings per share (EPS)
-1.18
Gross Margin
-3.54%
Net Profit Margin
-8.70%
Debt/Equity Ratio
28.9%

Weiqiao Textile Company Limited Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Adequate balance sheet and slightly overvalued.

1 Risk
0 Rewards

About 2698

Founded
1951
Employees
39000
CEO
Jiakun Wei
WebsiteView website
www.wqfz.com

Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. The company operates through Textile Products, and Electricity and Steam segments. It also produces and sells polyester yarn, compact yarn, and related products; and trades in textile raw materials and products. In addition, the company is involved in the generation and sale of electricity and steam; provision of repair services for textile machineries; research and development of textile products; and sale of coal. The company was founded in 1951 and is based in Zouping, the People’s Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.

Market Insight

Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
Continue reading

Chinese Market Performance

  • 7 Days: -0.2%
  • 3 Months: 16.4%
  • 1 Year: 29.8%
  • Year to Date: 26.3%
In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 3.3%. Meanwhile, the market is actually up 30% over the past year. Earnings are forecast to grow by 26% annually. Market details ›