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Zhejiang Weixing New Building Materials XSEC:002372 Stock Report

Last Price

CN¥17.85

Market Cap

CN¥28.1b

7D

3.7%

1Y

-19.3%

Updated

29 Apr, 2024

Data

Company Financials +

Zhejiang Weixing New Building Materials Co., Ltd.

XSEC:002372 Stock Report

Market Cap: CN¥28.1b

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¥17.85
52 Week HighCN¥22.59
52 Week LowCN¥12.78
Beta0.61
1 Month Change15.98%
3 Month Change33.11%
1 Year Change-19.34%
3 Year Change-24.11%
5 Year Change6.04%
Change since IPO127.24%

Recent News & Updates

Recent updates

Shareholder Returns

2372CN BuildingCN Market
7D3.7%1.6%2.2%
1Y-19.3%-21.6%-14.2%

Return vs Industry: 002372 exceeded the CN Building industry which returned -21.6% over the past year.

Return vs Market: 002372 underperformed the CN Market which returned -14.2% over the past year.

Price Volatility

Is 2372's price volatile compared to industry and market?
2372 volatility
2372 Average Weekly Movement5.5%
Building Industry Average Movement9.0%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002372's share price has been volatile over the past 3 months.

Volatility Over Time: 002372's weekly volatility (6%) 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¥28.11b
Earnings (TTM)CN¥1.41b
Revenue (TTM)CN¥6.48b

19.9x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2372 income statement (TTM)
RevenueCN¥6.48b
Cost of RevenueCN¥3.62b
Gross ProfitCN¥2.86b
Other ExpensesCN¥1.44b
EarningsCN¥1.41b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin44.09%
Net Profit Margin21.80%
Debt/Equity Ratio0.09%

How did 2372 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

89%

Payout Ratio
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