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Zhejiang Weixing New Building Materials SZSE:002372 Stock Report

Last Price

CN¥12.54

Market Cap

CN¥19.9b

7D

-2.2%

1Y

-12.1%

Updated

20 Dec, 2024

Data

Company Financials +

Zhejiang Weixing New Building Materials Co., Ltd.

SZSE:002372 Stock Report

Market Cap: CN¥19.9b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Weixing New Building Materials Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Weixing New Building Materials
Historical stock prices
Current Share PriceCN¥12.54
52 Week HighCN¥18.85
52 Week LowCN¥10.40
Beta0.69
1 Month Change-6.35%
3 Month Change18.41%
1 Year Change-12.06%
3 Year Change-43.77%
5 Year Change-1.03%
Change since IPO192.29%

Recent News & Updates

Recent updates

Capital Investment Trends At Zhejiang Weixing New Building Materials (SZSE:002372) Look Strong

Dec 13
Capital Investment Trends At Zhejiang Weixing New Building Materials (SZSE:002372) Look Strong

Estimating The Intrinsic Value Of Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372)

Nov 18
Estimating The Intrinsic Value Of Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372)

Zhejiang Weixing New Building Materials Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 01
Zhejiang Weixing New Building Materials Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Shares Fly 37% But Investors Aren't Buying For Growth

Oct 07
Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Shares Fly 37% But Investors Aren't Buying For Growth

Results: Zhejiang Weixing New Building Materials Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 26
Results: Zhejiang Weixing New Building Materials Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Are Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Investors Paying Above The Intrinsic Value?

Aug 12
Are Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Investors Paying Above The Intrinsic Value?

Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Looks Inexpensive But Perhaps Not Attractive Enough

Jul 26
Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Looks Inexpensive But Perhaps Not Attractive Enough

Zhejiang Weixing New Building Materials (SZSE:002372) Might Become A Compounding Machine

Jun 12
Zhejiang Weixing New Building Materials (SZSE:002372) Might Become A Compounding Machine

The Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Annual Results Are Out And Analysts Have Published New Forecasts

Apr 10
The Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Annual Results Are Out And Analysts Have Published New Forecasts

Zhejiang Weixing New Building Materials (SZSE:002372) Knows How To Allocate Capital

Feb 29
Zhejiang Weixing New Building Materials (SZSE:002372) Knows How To Allocate Capital

Shareholder Returns

002372CN BuildingCN Market
7D-2.2%-6.5%-3.5%
1Y-12.1%-6.5%10.9%

Return vs Industry: 002372 underperformed the CN Building industry which returned -6.5% over the past year.

Return vs Market: 002372 underperformed the CN Market which returned 10.9% over the past year.

Price Volatility

Is 002372's price volatile compared to industry and market?
002372 volatility
002372 Average Weekly Movement7.8%
Building Industry Average Movement7.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 002372 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002372's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19765,201Hongyang Jinwww.vasen.com

Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company’s products include PPR, PE, polypropylene-random-copolymer, PE-XB, F-PPR, and PP-R/AL pipes for water supplying applications; PE corrugated, PVC-U, and PE pipes for sewerage applications; PB-R, PE-RT II, PE-RT I, PB, and PE-XB pipes for heating applications; and plumbing accessories, such as floor drains, water taps, angle valves, shower sprinkler, and hoses.

Zhejiang Weixing New Building Materials Co., Ltd. Fundamentals Summary

How do Zhejiang Weixing New Building Materials's earnings and revenue compare to its market cap?
002372 fundamental statistics
Market capCN¥19.93b
Earnings (TTM)CN¥1.18b
Revenue (TTM)CN¥6.40b

16.7x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002372 income statement (TTM)
RevenueCN¥6.40b
Cost of RevenueCN¥3.67b
Gross ProfitCN¥2.73b
Other ExpensesCN¥1.55b
EarningsCN¥1.18b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.75
Gross Margin42.69%
Net Profit Margin18.45%
Debt/Equity Ratio0.2%

How did 002372 perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

119%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 16:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Zhejiang Weixing New Building Materials Co., Ltd. is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wenjie XieAJ Securities Co., Ltd
Qin WangBOCI Research Ltd.
Jin Ming LiuBohai Securities Co., Ltd.