Weichai Power Co., Ltd.

SEHK:2338 Stock Report

Market Cap: HK$123.5b

Weichai Power Past Earnings Performance

Past criteria checks 4/6

Weichai Power's earnings have been declining at an average annual rate of -1.9%, while the Machinery industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 2.8% per year. Weichai Power's return on equity is 11.2%, and it has net margins of 5.1%.

Key information

-1.9%

Earnings growth rate

-4.4%

EPS growth rate

Machinery Industry Growth7.7%
Revenue growth rate2.8%
Return on equity11.2%
Net Margin5.1%
Next Earnings Update28 Mar 2025

Recent past performance updates

Recent updates

Weichai Power Co., Ltd.'s (HKG:2338) Share Price Could Signal Some Risk

Dec 20
Weichai Power Co., Ltd.'s (HKG:2338) Share Price Could Signal Some Risk

Is Weichai Power (HKG:2338) A Risky Investment?

Dec 04
Is Weichai Power (HKG:2338) A Risky Investment?

The Weichai Power Co., Ltd. (HKG:2338) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Nov 01
The Weichai Power Co., Ltd. (HKG:2338) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Returns On Capital Signal Tricky Times Ahead For Weichai Power (HKG:2338)

Oct 22
Returns On Capital Signal Tricky Times Ahead For Weichai Power (HKG:2338)

Is Now The Time To Look At Buying Weichai Power Co., Ltd. (HKG:2338)?

Sep 22
Is Now The Time To Look At Buying Weichai Power Co., Ltd. (HKG:2338)?

Investors Still Waiting For A Pull Back In Weichai Power Co., Ltd. (HKG:2338)

Sep 06
Investors Still Waiting For A Pull Back In Weichai Power Co., Ltd. (HKG:2338)

Is Weichai Power (HKG:2338) A Risky Investment?

Jul 25
Is Weichai Power (HKG:2338) A Risky Investment?

Calculating The Fair Value Of Weichai Power Co., Ltd. (HKG:2338)

Jul 12
Calculating The Fair Value Of Weichai Power Co., Ltd. (HKG:2338)

Is There Now An Opportunity In Weichai Power Co., Ltd. (HKG:2338)?

Jun 21
Is There Now An Opportunity In Weichai Power Co., Ltd. (HKG:2338)?

Weichai Power (HKG:2338) May Have Issues Allocating Its Capital

May 22
Weichai Power (HKG:2338) May Have Issues Allocating Its Capital

Weichai Power Co., Ltd. (HKG:2338) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 01
Weichai Power Co., Ltd. (HKG:2338) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Weichai Power Co., Ltd.'s (HKG:2338) P/E Is On The Mark

Apr 17
Weichai Power Co., Ltd.'s (HKG:2338) P/E Is On The Mark

Statutory Profit Doesn't Reflect How Good Weichai Power's (HKG:2338) Earnings Are

Apr 01
Statutory Profit Doesn't Reflect How Good Weichai Power's (HKG:2338) Earnings Are

There Are Reasons To Feel Uneasy About Weichai Power's (HKG:2338) Returns On Capital

Feb 05
There Are Reasons To Feel Uneasy About Weichai Power's (HKG:2338) Returns On Capital

Revenue & Expenses Breakdown

How Weichai Power makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2338 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24215,52910,91424,0038,600
30 Jun 24220,31311,01824,2458,625
31 Mar 24216,9049,75823,9818,303
31 Dec 23213,9589,01423,1118,045
30 Sep 23205,0178,09421,0777,867
30 Jun 23194,5236,41320,3597,763
31 Mar 23183,4045,65819,5697,624
01 Jan 23175,1584,90519,1407,731
30 Sep 22170,8494,74418,2537,439
30 Jun 22171,6685,37418,1487,197
31 Mar 22199,9897,24619,4197,524
01 Jan 22220,2159,49320,3407,313
30 Sep 21229,79410,18321,5097,354
30 Jun 21238,11011,05821,4387,236
31 Mar 21223,70310,51320,3926,606
31 Dec 20197,2889,22819,1096,013
30 Sep 20195,0369,15319,2815,690
30 Jun 20177,9938,49818,5565,413
31 Mar 20168,1488,57818,3925,377
31 Dec 19174,3619,10518,3295,228
30 Sep 19167,7829,71417,3335,222
30 Jun 19167,8549,55217,0654,967
31 Mar 19165,2559,32916,9304,487
31 Dec 18159,2568,65817,0074,320
30 Sep 18158,2018,20616,5774,233
30 Jun 18161,5208,55116,8493,952
31 Mar 18155,7937,54816,5354,553
31 Dec 17151,5696,80816,4833,732
30 Sep 17141,4585,50417,0702,183
30 Jun 17122,9354,02016,3981,532
31 Mar 17109,1703,16416,6030
31 Dec 1693,1842,44115,3460
30 Sep 1682,8721,91114,2750
30 Jun 1680,2741,51414,3150
31 Mar 1675,6301,26913,6070
31 Dec 1574,1681,41213,3860
30 Sep 1578,0621,59914,5270
30 Jun 1581,9812,20714,2420
31 Mar 1580,5384,54812,6740
31 Dec 1479,6375,00211,5550
30 Sep 1471,1255,3118,9780
30 Jun 1461,5025,2517,2400
31 Mar 1461,7933,8127,3090

Quality Earnings: 2338 has high quality earnings.

Growing Profit Margin: 2338's current net profit margins (5.1%) are higher than last year (3.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2338's earnings have declined by 1.9% per year over the past 5 years.

Accelerating Growth: 2338's earnings growth over the past year (34.8%) exceeds its 5-year average (-1.9% per year).

Earnings vs Industry: 2338 earnings growth over the past year (34.8%) exceeded the Machinery industry 7.8%.


Return on Equity

High ROE: 2338's Return on Equity (11.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/13 18:59
End of Day Share Price 2025/01/13 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

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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 52 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victoria LiBarclays
Tingting LiBNP Paribas Securities (Asia)
Hao GaoBOCI Research Ltd.