2698 Share Price Performance
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Weiqiao Textile (HKG:2698) Will Be Hoping To Turn Its Returns On Capital Around
Jul 16
Weiqiao Textile Company Limited Stock Price
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Weiqiao Textile Company Limited Key Details
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
About 2698
- Founded
- 1951
- Employees
- 39000
- CEO
- WebsiteView website
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
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Chinese Market Performance
- 7 Days: 1.8%
- 3 Months: 18.3%
- 1 Year: 24.1%
- Year to Date: 26.2%
The Industrials sector has led the market, which has gained 1.8%. As for the past 12 months, the market is up 24%. Looking forward, earnings are forecast to grow by 27% annually. Market details ›