ZHEJIANG WEIXING INDUSTRIAL DEVELOPMENT CO., LTD. Financials Zhejiang Weixing Industrial Development Co., Ltd.
Equities
002003
CNE000001JH0
Apparel & Accessories
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.23 CNY | -1.85% |
|
-4.23% | +12.72% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,291 | 10,228 | 10,497 | 12,687 | 14,299 | - | - |
| Enterprise Value (EV) 1 | 5,291 | 10,228 | 10,497 | 12,687 | 14,299 | 14,299 | 14,299 |
| P/E ratio | 13.1 x | 22.1 x | 21.1 x | 20.5 x | 21.8 x | 19.1 x | 16.6 x |
| Yield | - | 3.9% | 3.46% | 4.15% | 4.01% | 4.14% | 4.74% |
| Capitalization / Revenue | - | 3.05 x | 2.89 x | 3.25 x | 3.17 x | 2.78 x | 2.45 x |
| EV / Revenue | - | 3.05 x | 2.89 x | 3.25 x | 3.17 x | 2.78 x | 2.45 x |
| EV / EBITDA | - | 14.4 x | 13.3 x | 14 x | 13.8 x | 12.6 x | 11.3 x |
| EV / FCF | - | 54.1 x | 91.6 x | 245 x | 9.87 x | 37.1 x | 33.8 x |
| FCF Yield | - | 1.85% | 1.09% | 0.41% | 10.1% | 2.69% | 2.96% |
| Price to Book | - | 3.8 x | 3.63 x | 2.92 x | 3.13 x | 2.92 x | 2.67 x |
| Nbr of stocks (in thousands) | 1,008,607 | 1,037,207 | 1,037,206 | 1,169,271 | 1,169,142 | - | - |
| Reference price 2 | 5.246 | 9.862 | 10.12 | 10.85 | 12.23 | 12.23 | 12.23 |
| Announcement Date | 21-04-01 | 22-04-15 | 23-03-21 | 24-03-05 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 3,356 | 3,628 | 3,907 | 4,514 | 5,152 | 5,837 |
| EBITDA 1 | - | 710.5 | 787.1 | 904.9 | 1,039 | 1,136 | 1,270 |
| EBIT 1 | - | 527.5 | 588 | 672.8 | 780.4 | 894.8 | 1,027 |
| Operating Margin | - | 15.72% | 16.21% | 17.22% | 17.29% | 17.37% | 17.6% |
| Earnings before Tax (EBT) 1 | - | 515.8 | 580 | 666.2 | 776.7 | 887.6 | 1,019 |
| Net income 1 | 396.3 | 448.6 | 488.9 | 558.1 | 653.3 | 748.1 | 858.7 |
| Net margin | - | 13.37% | 13.48% | 14.29% | 14.47% | 14.52% | 14.71% |
| EPS 2 | 0.4000 | 0.4462 | 0.4800 | 0.5300 | 0.5600 | 0.6410 | 0.7357 |
| Free Cash Flow 1 | - | 189 | 114.7 | 51.83 | 1,449 | 385 | 423 |
| FCF margin | - | 5.63% | 3.16% | 1.33% | 32.1% | 7.47% | 7.25% |
| FCF Conversion (EBITDA) | - | 26.61% | 14.57% | 5.73% | 139.52% | 33.89% | 33.3% |
| FCF Conversion (Net income) | - | 42.13% | 23.45% | 9.29% | 221.79% | 51.46% | 49.26% |
| Dividend per Share 2 | - | 0.3846 | 0.3500 | 0.4500 | 0.4900 | 0.5060 | 0.5800 |
| Announcement Date | 21-04-01 | 22-04-15 | 23-03-21 | 24-03-05 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,829 | 989.9 | 809.6 | 697.2 | 1,132 | - | 1,076 | 1,002 | 800.5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | 65.22 | - | - | - | - | - | 301.9 | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.0615 | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 22-04-28 | 22-08-26 | 22-10-27 | 23-03-21 | 23-04-28 | 23-08-14 | 23-08-14 | 23-10-26 | 24-03-05 | 24-04-28 |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 189 | 115 | 51.8 | 1,449 | 385 | 423 |
| ROE (net income / shareholders' equity) | - | 17.4% | 17.7% | 16.9% | 14.4% | 15.4% | 16.3% |
| ROA (Net income/ Total Assets) | - | 12.1% | 11.1% | 9.3% | 10.7% | 10.9% | 11.4% |
| Assets 1 | - | 3,721 | 4,406 | 5,999 | 6,131 | 6,847 | 7,534 |
| Book Value Per Share 2 | - | 2.600 | 2.790 | 3.720 | 3.910 | 4.190 | 4.570 |
| Cash Flow per Share 2 | - | 0.6100 | 0.7700 | 0.5900 | 0.8600 | 0.8000 | 0.9700 |
| Capex 1 | - | 445 | 680 | 636 | 437 | 417 | 427 |
| Capex / Sales | - | 13.27% | 18.75% | 16.28% | 9.68% | 8.1% | 7.32% |
| Announcement Date | 21-04-01 | 22-04-15 | 23-03-21 | 24-03-05 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
12.23
CNY
Average target price
13.25
CNY
Spread / Average Target
+8.34%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +12.72% | 2B | |
| +37.39% | 751M | |
| -31.71% | 464M | |
| -17.66% | 275M | |
| +15.95% | 244M | |
| +55.00% | 132M |
- Stock Market
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- 002003 Stock
- Financials Zhejiang Weixing Industrial Development Co., Ltd.
