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Zhejiang Weixing Industrial Development SZSE:002003 Stock Report

Last Price

CN¥13.85

Market Cap

CN¥16.2b

7D

8.0%

1Y

32.7%

Updated

21 Dec, 2024

Data

Company Financials +

Zhejiang Weixing Industrial Development Co., Ltd.

SZSE:002003 Stock Report

Market Cap: CN¥16.2b

My Notes

Capture your thoughts, links and company narrative

Zhejiang Weixing Industrial Development Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Weixing Industrial Development
Historical stock prices
Current Share PriceCN¥13.85
52 Week HighCN¥15.28
52 Week LowCN¥9.33
Beta0.30
1 Month Change4.14%
3 Month Change10.98%
1 Year Change32.66%
3 Year Change31.52%
5 Year Change194.20%
Change since IPO444.49%

Recent News & Updates

Does Zhejiang Weixing Industrial Development (SZSE:002003) Have A Healthy Balance Sheet?

Dec 19
Does Zhejiang Weixing Industrial Development (SZSE:002003) Have A Healthy Balance Sheet?

Do Zhejiang Weixing Industrial Development's (SZSE:002003) Earnings Warrant Your Attention?

Nov 14
Do Zhejiang Weixing Industrial Development's (SZSE:002003) Earnings Warrant Your Attention?

Returns On Capital At Zhejiang Weixing Industrial Development (SZSE:002003) Have Stalled

Sep 30
Returns On Capital At Zhejiang Weixing Industrial Development (SZSE:002003) Have Stalled

Recent updates

Does Zhejiang Weixing Industrial Development (SZSE:002003) Have A Healthy Balance Sheet?

Dec 19
Does Zhejiang Weixing Industrial Development (SZSE:002003) Have A Healthy Balance Sheet?

Do Zhejiang Weixing Industrial Development's (SZSE:002003) Earnings Warrant Your Attention?

Nov 14
Do Zhejiang Weixing Industrial Development's (SZSE:002003) Earnings Warrant Your Attention?

Returns On Capital At Zhejiang Weixing Industrial Development (SZSE:002003) Have Stalled

Sep 30
Returns On Capital At Zhejiang Weixing Industrial Development (SZSE:002003) Have Stalled

Does Zhejiang Weixing Industrial Development (SZSE:002003) Have A Healthy Balance Sheet?

Sep 10
Does Zhejiang Weixing Industrial Development (SZSE:002003) Have A Healthy Balance Sheet?

Zhejiang Weixing Industrial Development Co., Ltd. Beat Revenue Forecasts By 15%: Here's What Analysts Are Forecasting Next

Aug 15
Zhejiang Weixing Industrial Development Co., Ltd. Beat Revenue Forecasts By 15%: Here's What Analysts Are Forecasting Next

There Is A Reason Zhejiang Weixing Industrial Development Co., Ltd.'s (SZSE:002003) Price Is Undemanding

Aug 14
There Is A Reason Zhejiang Weixing Industrial Development Co., Ltd.'s (SZSE:002003) Price Is Undemanding

If EPS Growth Is Important To You, Zhejiang Weixing Industrial Development (SZSE:002003) Presents An Opportunity

Jul 24
If EPS Growth Is Important To You, Zhejiang Weixing Industrial Development (SZSE:002003) Presents An Opportunity

Zhejiang Weixing Industrial Development (SZSE:002003) Is Increasing Its Dividend To CN¥0.45

May 21
Zhejiang Weixing Industrial Development (SZSE:002003) Is Increasing Its Dividend To CN¥0.45

Zhejiang Weixing Industrial Development (SZSE:002003) Strong Profits May Be Masking Some Underlying Issues

Apr 25
Zhejiang Weixing Industrial Development (SZSE:002003) Strong Profits May Be Masking Some Underlying Issues

Zhejiang Weixing Industrial Development (SZSE:002003) Has Some Way To Go To Become A Multi-Bagger

Apr 18
Zhejiang Weixing Industrial Development (SZSE:002003) Has Some Way To Go To Become A Multi-Bagger

Shareholder Returns

002003CN LuxuryCN Market
7D8.0%-3.0%-1.2%
1Y32.7%6.5%11.8%

Return vs Industry: 002003 exceeded the CN Luxury industry which returned 6.5% over the past year.

Return vs Market: 002003 exceeded the CN Market which returned 11.8% over the past year.

Price Volatility

Is 002003's price volatile compared to industry and market?
002003 volatility
002003 Average Weekly Movement4.6%
Luxury 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: 002003 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002003's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19768,800Yang Zhengwww.weixing.cn/index.php

Zhejiang Weixing Industrial Development Co., Ltd. engages in the production and sale of clothing accessories in China and internationally. Its products include buttons, zippers, metal parts, plastic products, ribbons, ropes, signs, and other luggage accessories products.

Zhejiang Weixing Industrial Development Co., Ltd. Fundamentals Summary

How do Zhejiang Weixing Industrial Development's earnings and revenue compare to its market cap?
002003 fundamental statistics
Market capCN¥16.19b
Earnings (TTM)CN¥635.54m
Revenue (TTM)CN¥4.58b

25.5x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002003 income statement (TTM)
RevenueCN¥4.58b
Cost of RevenueCN¥2.66b
Gross ProfitCN¥1.92b
Other ExpensesCN¥1.28b
EarningsCN¥635.54m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin41.85%
Net Profit Margin13.87%
Debt/Equity Ratio30.1%

How did 002003 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

118%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 08:03
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 Industrial Development Co., Ltd. is covered by 25 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu LeiChangjiang Securities Co. LTD.
Jian Jun ZouChasing Securities
Jichuan LinChina International Capital Corporation Limited