Zhejiang Weixing New Building Materials Co., Ltd.

SZSE:002372 Stock Report

Market Cap: CN¥19.9b

Zhejiang Weixing New Building Materials Past Earnings Performance

Past criteria checks 3/6

Zhejiang Weixing New Building Materials has been growing earnings at an average annual rate of 6.8%, while the Building industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 8.2% per year. Zhejiang Weixing New Building Materials's return on equity is 24.5%, and it has net margins of 18.5%.

Key information

6.8%

Earnings growth rate

6.7%

EPS growth rate

Building Industry Growth7.0%
Revenue growth rate8.2%
Return on equity24.5%
Net Margin18.5%
Last Earnings Update30 Sep 2024

Recent past performance 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

Revenue & Expenses Breakdown

How Zhejiang Weixing New Building Materials makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002372 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,4051,1821,201198
30 Jun 246,4841,2781,171202
31 Mar 246,4791,4121,129205
31 Dec 236,3781,4321,096202
30 Sep 236,5361,4031,045193
30 Jun 236,6891,4271,014189
31 Mar 236,8441,3541,011190
01 Jan 236,9541,2971,003189
30 Sep 226,5241,219953192
30 Jun 226,5031,175927189
31 Mar 226,4971,228921187
31 Dec 216,3881,223917185
30 Sep 215,9111,231892171
30 Jun 215,6871,250882165
31 Mar 215,4371,219850163
31 Dec 205,1051,193792156
30 Sep 204,7651,025787157
30 Jun 204,363896773159
31 Mar 204,446939814156
31 Dec 194,664983867161
30 Sep 194,7221,017877157
30 Jun 194,7881,036875163
31 Mar 194,6881,001873151
31 Dec 184,570978851145
30 Sep 184,295931838125
30 Jun 184,196895822140
31 Mar 184,014846808114
31 Dec 173,90382179993
30 Sep 173,75277276659
30 Jun 173,5927368000
31 Mar 173,4266837650
31 Dec 163,3216717450
30 Sep 163,0615997050
30 Jun 162,9535406710
31 Mar 162,8064976390
31 Dec 152,7474846190
30 Sep 152,5484375790
30 Jun 152,4474145490
31 Mar 152,3743975230
31 Dec 142,3543885100
30 Sep 142,3233634930
30 Jun 142,2853454890
31 Mar 142,2253264730
31 Dec 132,1593164610

Quality Earnings: 002372 has high quality earnings.

Growing Profit Margin: 002372's current net profit margins (18.5%) are lower than last year (21.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002372's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: 002372's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 002372 had negative earnings growth (-15.7%) over the past year, making it difficult to compare to the Building industry average (-8%).


Return on Equity

High ROE: 002372's Return on Equity (24.5%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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

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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.