Announcement • 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. Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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 Announcement • 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 Announcement • 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 Announcement • 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 Announcement • 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 Announcement • 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. Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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 Announcement • 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. Announcement • 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 Announcement • 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 Announcement • 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 Announcement • 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 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.38 (vs CN¥0.32 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.38 (up from CN¥0.32 in 3Q 2022). Revenue: CN¥2.21b (down 20% from 3Q 2022). Net income: CN¥373.3m (up 19% from 3Q 2022). Profit margin: 17% (up from 11% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. New Risk • Sep 19
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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. Announcement • 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 Announcement • 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. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.63 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.43 (down from CN¥0.63 in 1Q 2022). Revenue: CN¥3.14b (down 14% from 1Q 2022). Net income: CN¥414.8m (down 33% from 1Q 2022). Profit margin: 13% (down from 17% in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$11.99, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 26% over the past three years. Buying Opportunity • Apr 13
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be HK$17.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 24% in the next 2 years. Buying Opportunity • Dec 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.5%. The fair value is estimated to be HK$16.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 21% in the next 2 years. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Min Xing was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.49 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.32 (down from CN¥0.49 in 3Q 2021). Revenue: CN¥2.77b (down 17% from 3Q 2021). Net income: CN¥313.4m (down 35% from 3Q 2021). Profit margin: 11% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Aug 23
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥2.98b (down 31% from 2Q 2021). Net income: CN¥496.3m (down 37% from 2Q 2021). Profit margin: 17% (down from 18% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 18%, compared to a 36% growth forecast for the Auto Components industry in China. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.74 (vs CN¥0.87 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.74 (down from CN¥0.87 in 1Q 2021). Revenue: CN¥4.34b (down 7.6% from 1Q 2021). Net income: CN¥736.5m (down 14% from 1Q 2021). Profit margin: 17% (down from 18% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.4%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Min Xing was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥2.57 (vs CN¥2.79 in FY 2020) Full year 2021 results: EPS: CN¥2.57 (down from CN¥2.79 in FY 2020). Revenue: CN¥13.7b (up 6.2% from FY 2020). Net income: CN¥2.58b (down 7.1% from FY 2020). Profit margin: 19% (down from 22% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 5.2% compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.49 (vs CN¥0.92 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥3.34b (flat on 3Q 2020). Net income: CN¥484.6m (down 46% from 3Q 2020). Profit margin: 14% (down from 27% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.79 (vs CN¥0.77 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥4.34b (up 14% from 2Q 2020). Net income: CN¥783.8m (up 1.0% from 2Q 2020). Profit margin: 18% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CN¥0.87 (vs CN¥0.55 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥4.70b (up 70% from 1Q 2020). Net income: CN¥861.6m (up 57% from 1Q 2020). Profit margin: 18% (down from 20% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Reported Earnings • Apr 08
Full year 2020 earnings released: EPS CN¥2.79 (vs CN¥2.25 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥12.9b (up 47% from FY 2019). Net income: CN¥2.77b (up 22% from FY 2019). Profit margin: 22% (down from 26% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Is New 90 Day High Low • Feb 20
New 90-day high: HK$15.50 The company is up 6.0% from its price of HK$14.67 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Auto Components industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$12.07 per share. Is New 90 Day High Low • Nov 19
New 90-day high: HK$14.60 The company is up 9.0% from its price of HK$13.35 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$10.01 per share. Is New 90 Day High Low • Oct 27
New 90-day high: HK$14.32 The company is up 9.0% from its price of HK$13.08 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$9.85 per share. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥2.77b, up 34% from the prior year. Total revenue was CN¥12.4b over the last 12 months, up 51% from the prior year. 
