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Zhejiang Weixing New Building Materials SZSE:002372 Stock Report

Last Price

CN¥17.21

Market Cap

CN¥27.1b

7D

5.2%

1Y

-26.1%

Updated

22 Apr, 2024

Data

Company Financials +

Zhejiang Weixing New Building Materials Co., Ltd.

SZSE:002372 Stock Report

Market Cap: CN¥27.1b

Zhejiang Weixing New Building Materials Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Weixing New Building Materials
Historical stock prices
Current Share PriceCN¥17.21
52 Week HighCN¥23.85
52 Week LowCN¥12.78
Beta0.61
1 Month Change11.97%
3 Month Change29.89%
1 Year Change-26.07%
3 Year Change-29.61%
5 Year Change8.24%
Change since IPO301.14%

Recent News & Updates

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

Recent updates

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

2372CN BuildingCN Market
7D5.2%-2.1%-0.4%
1Y-26.1%-23.8%-16.2%

Return vs Industry: 002372 underperformed the CN Building industry which returned -23.8% over the past year.

Return vs Market: 002372 underperformed the CN Market which returned -16.2% over the past year.

Price Volatility

Is 2372's price volatile compared to industry and market?
2372 volatility
2372 Average Weekly Movement5.3%
Building Industry Average Movement9.6%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

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

Volatility Over Time: 002372's weekly volatility (5%) 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?
2372 fundamental statistics
Market capCN¥27.10b
Earnings (TTM)CN¥1.43b
Revenue (TTM)CN¥6.38b

18.9x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2372 income statement (TTM)
RevenueCN¥6.38b
Cost of RevenueCN¥3.60b
Gross ProfitCN¥2.78b
Other ExpensesCN¥1.34b
EarningsCN¥1.43b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 27, 2024

Earnings per share (EPS)0.91
Gross Margin43.53%
Net Profit Margin22.46%
Debt/Equity Ratio0.02%

How did 2372 perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

88%

Payout Ratio
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