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Weiqiao Textile OTCPK:WQTE.F Stock Report

Last Price

US$0.42

Market Cap

US$532.8m

7D

0%

1Y

n/a

Updated

20 Mar, 2024

Data

Company Financials

Weiqiao Textile Company Limited

OTCPK:WQTE.F Stock Report

Market Cap: US$532.8m

WQTE.F Stock Overview

Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally.

WQTE.F fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Weiqiao Textile Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Weiqiao Textile
Historical stock prices
Current Share PriceHK$0.42
52 Week HighHK$0.42
52 Week LowHK$0.20
Beta1.08
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Change42.91%
5 Year Change9.64%
Change since IPO-74.07%

Recent News & Updates

Recent updates

Shareholder Returns

WQTE.FUS LuxuryUS Market
7D0%-1.8%-1.7%
1Yn/a-13.7%22.4%

Return vs Industry: Insufficient data to determine how WQTE.F performed against the US Luxury industry.

Return vs Market: Insufficient data to determine how WQTE.F performed against the US Market.

Price Volatility

Is WQTE.F's price volatile compared to industry and market?
WQTE.F volatility
WQTE.F Average Weekly Movementn/a
Luxury Industry Average Movement5.9%
Market Average Movement6.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: Insufficient data to determine WQTE.F's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
195139,000Jiakun Weiwww.wqfz.com

Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. The company operates through Textile Products, and Electricity and Steam segments. It also produces and sells polyester yarn, compact yarn, and related products; and trades in textile raw materials and products.

Weiqiao Textile Company Limited Fundamentals Summary

How do Weiqiao Textile's earnings and revenue compare to its market cap?
WQTE.F fundamental statistics
Market capUS$532.81m
Earnings (TTM)-US$196.16m
Revenue (TTM)US$2.26b

0.2x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WQTE.F income statement (TTM)
RevenueCN¥16.23b
Cost of RevenueCN¥16.81b
Gross Profit-CN¥574.98m
Other ExpensesCN¥836.95m
Earnings-CN¥1.41b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.18
Gross Margin-3.54%
Net Profit Margin-8.70%
Debt/Equity Ratio28.9%

How did WQTE.F perform over the long term?

See historical performance and comparison
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