002003.SHE Zhejiang Weixing Industrial Development Co Ltd
- Market cap
- CNY 14.8B
- P/E
- 20.0x
- P/B
- 3.10x
- ROE
- 18.4%
- Dividend yield
- 3.37%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002003.SHE undervalued?
Graham number002003.SHE trades 66.2% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Weixing Industrial Development Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Weixing Industrial Development Co Ltd yet.
Zhejiang Weixing Industrial Development Co Ltd stock price
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About Zhejiang Weixing Industrial Development Co Ltd
Zhejiang Weixing Industrial Development Co., Ltd. engages in the research, development, manufacture, and sale of garment accessories in China and internationally. It offers zippers, buttons, webbings, ropes, labels, and metal and plastic products, as well as clothing hangers. Its products are used in clothing, footwear, bags, home textiles, outdoor products, and sporting goods. The company was founded in 1976 and is based in Linhai, China.
Full company profileZhejiang Weixing Industrial Development Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Weixing Industrial Development Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 2.17B | 2.62B | 2.71B | 2.72B | 2.50B | 3.36B | 3.63B | 3.91B | 4.67B | 4.79B | 5.64B |
| Gross Profit | 928M | 1.11B | 1.10B | 1.05B | 962M | 1.27B | 1.41B | 1.60B | 1.95B | 4.79B | 2.41B |
| Operating Income | 408M | 490M | 404M | 349M | 462M | 528M | 588M | 673M | 852M | 781M | 1.13B |
| EBITDA | 530M | 612M | 544M | 552M | 647M | 713M | 810M | 953M | 1.15B | 1.04B | 1.07B |
| Net Income | 295M | 365M | 310M | 291M | 396M | 449M | 489M | 558M | 700M | 642M | 885M |
| EPS | 0.31 | 0.38 | 0.32 | 0.30 | 0.40 | 0.45 | 0.48 | 0.53 | 0.60 | 0.55 | 0.74 |
| Balance Sheet | |||||||||||
| Total Assets | 2.67B | 3.03B | 3.17B | 3.47B | 3.40B | 4.04B | 4.77B | 6.03B | 6.29B | 6.82B | 7.16B |
| Total Liabilities | 416M | 542M | 710M | 938M | 812M | 1.31B | 1.84B | 1.65B | 1.89B | -4.66B | 2.31B |
| Shareholders' Equity | 2.21B | 2.40B | 2.37B | 2.42B | 2.52B | 2.69B | 2.90B | 4.35B | 4.35B | 4.66B | 4.80B |
| Cash & Short-term Investments | 438M | 470M | 360M | 359M | 673M | 634M | 821M | 1.42B | 1.11B | 1.33B | 1.34B |
| Total Debt | 83.6M | 8.08M | 181M | 385M | 239M | 404M | 895M | 672M | 726M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 335M | 519M | 432M | 528M | 610M | 634M | 795M | 688M | 1.09B | 1.13B | - |
| Capital Expenditure | 160M | 372M | 285M | 292M | 329M | 450M | 734M | 671M | 766M | 871M | 435M |
| Free Cash Flow | 175M | 147M | 147M | 235M | 281M | 185M | 60.6M | 16.4M | 324M | 263M | 576M |
| Ratios | |||||||||||
| ROE | 13.4% | 15.2% | 13.1% | 12.0% | 15.7% | 16.7% | 16.9% | 12.8% | 16.1% | 13.8% | 18.4% |
| ROA | 11.0% | 12.0% | 9.8% | 8.4% | 11.6% | 11.1% | 10.2% | 9.3% | 11.1% | 9.4% | 12.4% |
| Net Profit Margin | 13.6% | 13.9% | 11.4% | 10.7% | 15.9% | 13.4% | 13.5% | 14.3% | 15.0% | 13.4% | 15.7% |
| Debt to Equity | 0.04x | 0.00x | 0.08x | 0.16x | 0.09x | 0.15x | 0.31x | 0.15x | 0.17x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Weixing Industrial Development Co Ltd dividends
- Dividend yield
- 3.37%
- Forward dividend
- 0.50 CNY
- Payout ratio
- 77.7%
- Ex-dividend date
- May 20, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 498M | 0.43 | 77.7% |
| 2024 | CNY 790M | 0.68 | 112.8% |
| 2023 | CNY 399M | 0.38 | 71.6% |
| 2022 | CNY 399M | 0.39 | 81.6% |
| 2021 | CNY 310M | 0.31 | 69.2% |
| 2020 | CNY 303M | 0.31 | 76.5% |
| 2019 | CNY 281M | 0.29 | 96.7% |
| 2018 | CNY 302M | 0.31 | 97.3% |
| 2017 | CNY 227M | 0.24 | 62.4% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.3:1 on May 27, 2022.
Who owns Zhejiang Weixing Industrial Development Co Ltd
- Insiders 40.27%
- Institutions 13.18%
- Public & others 46.55%
- Shares outstanding 1.19B
- Free float 637M
Zhejiang Weixing Industrial Development Co Ltd company profile
- Company name
- Zhejiang Weixing Industrial Development Co Ltd
- Ticker
- 002003.SHE
- ISIN
- CNE000001JH0
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Jun 25, 2004
- Sector
- Consumer Cyclical
- Industry
- Textiles, Apparel & Luxury Goods
- Employees
- 10,038
- Fiscal year end
- December
- Address
- No.8 South Qian Jiang Road, Linhai, China, 317000
- Phone
- 86 576 8597 9788
- Website
- weixing.cn/index.php
About Zhejiang Weixing Industrial Development Co Ltd
Zhejiang Weixing Industrial Development Co., Ltd. engages in the research, development, manufacture, and sale of garment accessories in China and internationally. It offers zippers, buttons, webbings, ropes, labels, and metal and plastic products, as well as clothing hangers. Its products are used in clothing, footwear, bags, home textiles, outdoor products, and sporting goods. The company was founded in 1976 and is based in Linhai, China.
Zhejiang Weixing Industrial Development Co Ltd management
9- Mr. Yang ZhengGM & Vice Chairman · born 1974
- Mr. Li Yong ShenCFO & Employee Representative Director · born 1970
- Mr. Jin Kun XieDeputy GM & Director · born 1968
- Mr. Renma ZhangDeputy General Manager · born 1974
- Mr. Wei HuangDeputy General Manager · born 1975
- Mr. Yuming ZhangDeputy General Manager · born 1973
- Mr. Yun ZhangDeputy General Manager · born 1968
- Mr. Zhi Qiang HuangSecretary of the Board · born 1986
- Ms. Na LinDeputy General Manager · born 1977