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Zhejiang Weixing Industrial Development SZSE:002003 Stock Report

Last Price

CN¥11.78

Market Cap

CN¥14.3b

7D

-6.9%

1Y

18.8%

Updated

24 Jul, 2024

Data

Company Financials +

Zhejiang Weixing Industrial Development Co., Ltd.

SZSE:002003 Stock Report

Market Cap: CN¥14.3b

Zhejiang Weixing Industrial Development Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Weixing Industrial Development
Historical stock prices
Current Share PriceCN¥11.78
52 Week HighCN¥13.53
52 Week LowCN¥9.33
Beta0.24
11 Month Change-6.51%
3 Month Change-1.34%
1 Year Change18.75%
33 Year Change107.51%
5 Year Change138.16%
Change since IPO363.11%

Recent News & Updates

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

Recent updates

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
7D-6.9%-3.4%-2.2%
1Y18.8%-26.8%-20.3%

Return vs Industry: 002003 exceeded the CN Luxury industry which returned -26.8% over the past year.

Return vs Market: 002003 exceeded the CN Market which returned -20.3% over the past year.

Price Volatility

Is 002003's price volatile compared to industry and market?
002003 volatility
002003 Average Weekly Movement4.1%
Luxury Industry Average Movement5.5%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.1%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 002003 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002003's weekly volatility (4%) 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¥14.26b
Earnings (TTM)CN¥568.50m
Revenue (TTM)CN¥4.01b

24.2x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002003 income statement (TTM)
RevenueCN¥4.01b
Cost of RevenueCN¥2.37b
Gross ProfitCN¥1.64b
Other ExpensesCN¥1.07b
EarningsCN¥568.50m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 14, 2024

Earnings per share (EPS)0.49
Gross Margin40.83%
Net Profit Margin14.18%
Debt/Equity Ratio18.7%

How did 002003 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

83%

Payout Ratio
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