2338 Stock Overview
Engages in the manufacture and sale of diesel engines, automobiles, and other automobile components in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Weichai Power Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$11.34 |
| 52 Week High | HK$17.50 |
| 52 Week Low | HK$10.60 |
| Beta | 0.96 |
| 1 Month Change | -2.91% |
| 3 Month Change | -3.24% |
| 1 Year Change | -10.71% |
| 3 Year Change | -27.31% |
| 5 Year Change | -28.68% |
| Change since IPO | 1,195.04% |
Recent News & Updates
Weichai Power Co., Ltd.'s (HKG:2338) Share Price Could Signal Some Risk
Dec 20
Is Weichai Power (HKG:2338) A Risky Investment?
Dec 04The Weichai Power Co., Ltd. (HKG:2338) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 01Returns On Capital Signal Tricky Times Ahead For Weichai Power (HKG:2338)
Oct 22Recent updates
Weichai Power Co., Ltd.'s (HKG:2338) Share Price Could Signal Some Risk
Dec 20Is Weichai Power (HKG:2338) A Risky Investment?
Dec 04The Weichai Power Co., Ltd. (HKG:2338) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 01Returns On Capital Signal Tricky Times Ahead For Weichai Power (HKG:2338)
Oct 22Is Now The Time To Look At Buying Weichai Power Co., Ltd. (HKG:2338)?
Sep 22Investors Still Waiting For A Pull Back In Weichai Power Co., Ltd. (HKG:2338)
Sep 06Is Weichai Power (HKG:2338) A Risky Investment?
Jul 25Calculating The Fair Value Of Weichai Power Co., Ltd. (HKG:2338)
Jul 12Is There Now An Opportunity In Weichai Power Co., Ltd. (HKG:2338)?
Jun 21Weichai Power (HKG:2338) May Have Issues Allocating Its Capital
May 22Weichai Power Co., Ltd. (HKG:2338) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 01Weichai Power Co., Ltd.'s (HKG:2338) P/E Is On The Mark
Apr 17Statutory Profit Doesn't Reflect How Good Weichai Power's (HKG:2338) Earnings Are
Apr 01There Are Reasons To Feel Uneasy About Weichai Power's (HKG:2338) Returns On Capital
Feb 05Is It Too Late To Consider Buying Weichai Power Co., Ltd. (HKG:2338)?
Jan 05Shareholder Returns
| 2338 | HK Machinery | HK Market | |
|---|---|---|---|
| 7D | -1.6% | -2.1% | -0.5% |
| 1Y | -10.7% | 8.0% | 19.9% |
Return vs Industry: 2338 underperformed the Hong Kong Machinery industry which returned 8% over the past year.
Return vs Market: 2338 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 2338 volatility | |
|---|---|
| 2338 Average Weekly Movement | 7.5% |
| Machinery Industry Average Movement | 7.5% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 2338 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2338's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 89,162 | Decheng Wang | www.weichaipower.com |
Weichai Power Co., Ltd. engages in the manufacture and sale of diesel engines, automobiles, and other automobile components in China and internationally. The company operates through Engines, Automobiles and Automobile Components, Agricultural Equipment, and Intelligent Logistics segments. It offers engines for trucks, buses, construction and agricultural machinery, industrial equipment, and power kits; gearboxes, including transmission, PTO, and auto transmission products; axles for trucks, bus, and construction machinery; hydraulic components; commercial vehicles and auto parts; and industrial trucks and services.
Weichai Power Co., Ltd. Fundamentals Summary
| 2338 fundamental statistics | |
|---|---|
| Market cap | HK$116.53b |
| Earnings (TTM) | HK$11.63b |
| Revenue (TTM) | HK$229.69b |
8.4x
P/E Ratio0.4x
P/S RatioIs 2338 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2338 income statement (TTM) | |
|---|---|
| Revenue | CN¥215.53b |
| Cost of Revenue | CN¥167.50b |
| Gross Profit | CN¥48.03b |
| Other Expenses | CN¥37.12b |
| Earnings | CN¥10.91b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.26 |
| Gross Margin | 22.29% |
| Net Profit Margin | 5.06% |
| Debt/Equity Ratio | 32.9% |
How did 2338 perform over the long term?
See historical performance and comparisonDividends
7.0%
Current Dividend Yield53%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Weichai Power Co., Ltd. is covered by 56 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Victoria Li | Barclays |
| Tingting Li | BNP Paribas Securities (Asia) |
| Hao Gao | BOCI Research Ltd. |