2338 Stock Overview
Engages in the manufacture and sale of diesel engines, automobiles, and other automobile components in China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Weichai Power Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$15.20 |
| 52 Week High | HK$17.50 |
| 52 Week Low | HK$9.36 |
| Beta | 1.05 |
| 1 Month Change | -9.20% |
| 3 Month Change | -1.30% |
| 1 Year Change | 33.80% |
| 3 Year Change | -12.84% |
| 5 Year Change | 28.81% |
| Change since IPO | 1,635.85% |
Recent News & Updates
Weichai Power (HKG:2338) May Have Issues Allocating Its Capital
May 22
Weichai Power Co., Ltd. (HKG:2338) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 01Recent updates
Weichai 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 05Weichai Power Co., Ltd.'s (HKG:2338) Shareholders Might Be Looking For Exit
Dec 21Weichai Power (HKG:2338) Seems To Use Debt Rather Sparingly
Dec 06Returns On Capital At Weichai Power (HKG:2338) Paint A Concerning Picture
Nov 05Weichai Power (HKG:2338) Has Announced That It Will Be Increasing Its Dividend To CN¥0.2465
Sep 18Weichai Power (HKG:2338) Has A Pretty Healthy Balance Sheet
Aug 21Should You Investigate Weichai Power Co., Ltd. (HKG:2338) At HK$11.94?
Jul 06Weichai Power (HKG:2338) Will Be Hoping To Turn Its Returns On Capital Around
Jun 19Here's Why Weichai Power (HKG:2338) Can Manage Its Debt Responsibly
May 19At HK$12.60, Is Weichai Power Co., Ltd. (HKG:2338) Worth Looking At Closely?
Mar 31Capital Allocation Trends At Weichai Power (HKG:2338) Aren't Ideal
Mar 15Is Weichai Power (HKG:2338) A Risky Investment?
Feb 15Weichai Power Co., Ltd.'s (HKG:2338) Intrinsic Value Is Potentially 100% Above Its Share Price
Feb 01Why Weichai Power Co., Ltd. (HKG:2338) Could Be Worth Watching
Dec 18Weichai Power's (HKG:2338) Returns On Capital Not Reflecting Well On The Business
Dec 02Weichai Power (HKG:2338) Seems To Use Debt Quite Sensibly
Oct 31Weichai Power's (HKG:2338) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 12At HK$10.26, Is Weichai Power Co., Ltd. (HKG:2338) Worth Looking At Closely?
Sep 03Weichai Power (HKG:2338) Hasn't Managed To Accelerate Its Returns
Aug 03Weichai Power (HKG:2338) Will Pay A Smaller Dividend Than Last Year
Jul 18Is Weichai Power (HKG:2338) A Risky Investment?
Jul 10What Is Weichai Power Co., Ltd.'s (HKG:2338) Share Price Doing?
May 24Investors Will Want Weichai Power's (HKG:2338) Growth In ROCE To Persist
Apr 18Weichai Power (HKG:2338) Has A Pretty Healthy Balance Sheet
Apr 03Should You Think About Buying Weichai Power Co., Ltd. (HKG:2338) Now?
Feb 20Is Weichai Power Co., Ltd. (HKG:2338) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 25Returns Are Gaining Momentum At Weichai Power (HKG:2338)
Jan 12These 4 Measures Indicate That Weichai Power (HKG:2338) Is Using Debt Reasonably Well
Dec 26Shareholder Returns
| 2338 | HK Machinery | HK Market | |
|---|---|---|---|
| 7D | -8.7% | -5.8% | 1.4% |
| 1Y | 33.8% | 21.6% | 3.2% |
Return vs Industry: 2338 exceeded the Hong Kong Machinery industry which returned 19.9% over the past year.
Return vs Market: 2338 exceeded the Hong Kong Market which returned 1.6% over the past year.
Price Volatility
| 2338 volatility | |
|---|---|
| 2338 Average Weekly Movement | 5.2% |
| Machinery Industry Average Movement | 6.6% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 15.9% |
| 10% least volatile stocks in HK Market | 3.7% |
Stable Share Price: 2338 has not had significant price volatility in the past 3 months.
Volatility Over Time: 2338's weekly volatility (5%) 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. It operates through Engines, Automobiles and Automobile Components, Agricultural Equipment, and Intelligent Logistics segments. The company offers engines of trucks, buses, construction and agricultural machinery, and industrial equipment; gearboxes, including transmission, PTO, and auto transmission products; axles for trucks, bus, and construction machinery; hydraulic components, pumps, valves, gears, motors, and powertrain; commercial vehicles and auto parts; and industrial trucks and services.
Weichai Power Co., Ltd. Fundamentals Summary
| 2338 fundamental statistics | |
|---|---|
| Market cap | HK$149.01b |
| Earnings (TTM) | HK$10.52b |
| Revenue (TTM) | HK$233.87b |
12.5x
P/E Ratio0.6x
P/S RatioIs 2338 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2338 income statement (TTM) | |
|---|---|
| Revenue | CN¥216.90b |
| Cost of Revenue | CN¥170.22b |
| Gross Profit | CN¥46.69b |
| Other Expenses | CN¥36.93b |
| Earnings | CN¥9.76b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.13 |
| Gross Margin | 21.52% |
| Net Profit Margin | 4.50% |
| Debt/Equity Ratio | 55.9% |
How did 2338 perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield46%
Payout RatioDoes 2338 pay a reliable dividends?
See 2338 dividend history and benchmarks| Weichai Power dividend dates | |
|---|---|
| Ex Dividend Date | May 31 2024 |
| Dividend Pay Date | Jun 28 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 36 days |
Does 2338 pay a reliable dividends?
See 2338 dividend history and benchmarks