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 | ||
| 11.93 CNY | -0.83% |
|
-1.32% | +9.95% |
| 28/04 | Zhejiang Weixing Industrial Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 05/03 | Zhejiang Weixing's 2023 Profit Rises 13% | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,291 | 10,228 | 10,497 | 12,687 | 13,949 | - | - |
| Enterprise Value (EV) 1 | 5,291 | 10,228 | 10,497 | 12,687 | 13,949 | 13,949 | 13,949 |
| P/E ratio | 13.1 x | 22.1 x | 21.1 x | 20.5 x | 21.3 x | 18.6 x | 16.2 x |
| Yield | - | 3.9% | 3.46% | 4.15% | 3.35% | 3.94% | 4.23% |
| Capitalization / Revenue | - | 3.05 x | 2.89 x | 3.25 x | 3.09 x | 2.71 x | 2.39 x |
| EV / Revenue | - | 3.05 x | 2.89 x | 3.25 x | 3.09 x | 2.71 x | 2.39 x |
| EV / EBITDA | - | 14.4 x | 13.3 x | 14 x | 13.4 x | 12.3 x | 11 x |
| EV / FCF | - | 54.1 x | 91.6 x | 245 x | 9.63 x | 36.2 x | 33 x |
| FCF Yield | - | 1.85% | 1.09% | 0.41% | 10.4% | 2.76% | 3.03% |
| Price to Book | - | 3.8 x | 3.63 x | 2.92 x | 3.05 x | 2.92 x | 2.61 x |
| Nbr of stocks (in thousands) | 10,08,607 | 10,37,207 | 10,37,206 | 11,69,271 | 11,69,271 | - | - |
| Reference price 2 | 5.246 | 9.862 | 10.12 | 10.85 | 11.93 | 11.93 | 11.93 |
| Announcement Date | 01/04/21 | 15/04/22 | 21/03/23 | 05/03/24 | - | - | - |
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 | 5,140 | 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% | 17.41% | 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 | 858.7 |
| Net margin | - | 13.37% | 13.48% | 14.29% | 14.47% | 14.55% | 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% | 7.49% | 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% | 221.78% | 51.47% | 49.26% |
| Dividend per Share 2 | - | 0.3846 | 0.3500 | 0.4500 | 0.4000 | 0.4700 | 0.5050 |
| Announcement Date | 01/04/21 | 15/04/22 | 21/03/23 | 05/03/24 | - | - | - |
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 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,829 | 989.9 | 809.6 | 697.2 | 1,132 | - | 1,076 | 1,002 | 800.5 | 1,334 | 1,195 | 977 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | 65.22 | - | - | - | - | - | 301.9 | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.0615 | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 28/04/22 | 26/08/22 | 27/10/22 | 21/03/23 | 28/04/23 | 14/08/23 | 14/08/23 | 26/10/23 | 05/03/24 | 28/04/24 | - | - | - |
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% | 15.9% | 16.3% |
| ROA (Net income/ Total Assets) | - | 12.1% | 11.1% | 9.3% | 10.7% | 11.2% | 11.4% |
| Assets 1 | - | 3,721 | 4,406 | 5,999 | 6,131 | 6,696 | 7,534 |
| Book Value Per Share 2 | - | 2.600 | 2.790 | 3.720 | 3.910 | 4.090 | 4.570 |
| Cash Flow per Share 2 | - | 0.6100 | 0.7700 | 0.5900 | 0.8600 | 0.7700 | 0.9700 |
| Capex 1 | - | 445 | 680 | 636 | 485 | 485 | 576 |
| Capex / Sales | - | 13.27% | 18.75% | 16.28% | 10.74% | 9.43% | 9.86% |
| Announcement Date | 01/04/21 | 15/04/22 | 21/03/23 | 05/03/24 | - | - | - |
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
11
Last Close Price
11.93
CNY
Average target price
13.25
CNY
Spread / Average Target
+11.06%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +9.95% | 1.93B | |
| -36.70% | 433M | |
| +13.04% | 319M | |
| -5.69% | 312M | |
| +20.00% | 263M |
- Stock Market
- Equities
- 002003 Stock
- Financials Zhejiang Weixing Industrial Development Co., Ltd.