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Zhejiang Weixing New Building Materials SZSE:002372 Stock Report

Last Price

CN¥13.69

Market Cap

CN¥21.5b

7D

-0.4%

1Y

-13.7%

Updated

19 Oct, 2024

Data

Company Financials +

Zhejiang Weixing New Building Materials Co., Ltd.

SZSE:002372 Stock Report

Market Cap: CN¥21.5b

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¥13.69
52 Week HighCN¥18.85
52 Week LowCN¥10.40
Beta0.64
11 Month Change28.06%
3 Month Change-9.04%
1 Year Change-13.68%
33 Year Change-21.77%
5 Year Change-18.90%
Change since IPO219.09%

Recent News & Updates

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

Recent updates

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-0.4%2.8%2.7%
1Y-13.7%-12.6%4.6%

Return vs Industry: 002372 underperformed the CN Building industry which returned -12.6% over the past year.

Return vs Market: 002372 underperformed the CN Market which returned 4.6% over the past year.

Price Volatility

Is 002372's price volatile compared to industry and market?
002372 volatility
002372 Average Weekly Movement8.0%
Building Industry Average Movement6.7%
Market Average Movement7.5%
10% most volatile stocks in CN Market11.4%
10% least volatile stocks in CN Market5.2%

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¥21.52b
Earnings (TTM)CN¥1.28b
Revenue (TTM)CN¥6.48b

16.8x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002372 income statement (TTM)
RevenueCN¥6.48b
Cost of RevenueCN¥3.65b
Gross ProfitCN¥2.83b
Other ExpensesCN¥1.55b
EarningsCN¥1.28b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)0.81
Gross Margin43.67%
Net Profit Margin19.71%
Debt/Equity Ratio0.7%

How did 002372 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

110%

Payout Ratio