002372.SHE Zhejiang Weixing New Building Materials Co Ltd
- Market cap
- CNY 13.7B
- P/E
- 18.3x
- P/B
- 2.78x
- ROE
- 14.9%
- Dividend yield
- 6.90%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002372.SHE undervalued?
Graham number002372.SHE trades 50.4% 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 New Building Materials Co Ltd fundamental analysis
No fundamental analysis for Zhejiang Weixing New Building Materials Co Ltd yet.
Zhejiang Weixing New Building Materials Co Ltd stock price
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About Zhejiang Weixing New Building Materials Co Ltd
Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company offers PP-R, PE, polypropylene-random-copolymer, PE-Xb, F-PPR, and PP-R/AL pipes for water supply applications. It also provides PE corrugated, PVC-U, and PE pipes for sewerage applications; PB-R, PE-RT II, PE-RT I, PB, and PE-XB pipes for heating applications; and plumbing accessories, including floor drains, water taps, angle valves, shower sprinkler…
Full company profileZhejiang Weixing New Building Materials 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 New Building Materials 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 | 3.32B | 3.90B | 4.57B | 4.66B | 5.10B | 6.39B | 6.95B | 6.38B | 6.27B | 5.38B | 4.16B |
| Gross Profit | 1.55B | 1.82B | 2.14B | 2.17B | 2.20B | 2.52B | 2.71B | 2.78B | 2.55B | 2.21B | 1.74B |
| Operating Income | 774M | 962M | 1.17B | 1.19B | 1.39B | 1.44B | 1.53B | 1.73B | 1.14B | 906M | 691M |
| EBITDA | 838M | 984M | 1.20B | 1.22B | 1.35B | 1.56B | 1.61B | 1.62B | 1.28B | 1.07B | 836M |
| Net Income | 671M | 821M | 978M | 983M | 1.19B | 1.22B | 1.30B | 1.43B | 953M | 741M | 719M |
| EPS | 0.43 | 0.53 | 0.63 | 0.63 | 0.76 | 0.77 | 0.82 | 0.90 | 0.61 | 0.47 | 0.45 |
| Balance Sheet | |||||||||||
| Total Assets | 3.67B | 4.20B | 4.61B | 4.82B | 5.66B | 6.44B | 6.94B | 7.29B | 6.63B | 6.39B | 6.34B |
| Total Liabilities | 924M | 987M | 957M | 919M | 1.31B | 1.50B | 1.49B | 1.54B | 1.40B | 1.47B | 1.44B |
| Shareholders' Equity | 2.75B | 3.20B | 3.64B | 3.89B | 4.32B | 4.91B | 5.33B | 5.59B | 5.09B | 4.89B | 4.84B |
| Cash & Short-term Investments | 1.37B | 1.77B | 1.68B | 1.75B | 2.14B | 2.57B | 3.18B | 3.17B | 2.53B | 1.18B | 979M |
| Total Debt | 119M | 73.7M | 30.5M | - | 133M | 7.17M | 24.3M | 13.0M | 17.8M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 969M | 942M | 957M | 895M | 1.35B | 1.59B | 1.53B | 1.37B | 1.15B | 1.18B | - |
| Capital Expenditure | 140M | 265M | 221M | 169M | 216M | 233M | 217M | 382M | 354M | 249M | 310M |
| Free Cash Flow | 829M | 677M | 736M | 726M | 1.13B | 1.36B | 1.31B | 991M | 794M | 930M | 666M |
| Ratios | |||||||||||
| ROE | 24.4% | 25.7% | 26.8% | 25.3% | 27.6% | 24.9% | 24.4% | 25.6% | 18.7% | 15.2% | 14.9% |
| ROA | 18.3% | 19.6% | 21.2% | 20.4% | 21.1% | 19.0% | 18.7% | 19.6% | 14.4% | 11.6% | 11.4% |
| Net Profit Margin | 20.2% | 21.0% | 21.4% | 21.1% | 23.4% | 19.2% | 18.7% | 22.5% | 15.2% | 13.8% | 17.3% |
| Debt to Equity | 0.04x | 0.02x | 0.01x | - | 0.03x | 0.00x | 0.00x | 0.00x | 0.00x | - | - |
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 New Building Materials Co Ltd dividends
- Dividend yield
- 6.90%
- Forward dividend
- 0.45 CNY
- Payout ratio
- 127.8%
- Ex-dividend date
- May 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 946M | 0.59 | 127.8% |
| 2024 | CNY 1.41B | 0.90 | 148.5% |
| 2023 | CNY 955M | 0.60 | 66.7% |
| 2022 | CNY 955M | 0.60 | 73.6% |
| 2021 | CNY 796M | 0.50 | 65.1% |
| 2020 | CNY 787M | 0.50 | 66.0% |
| 2019 | CNY 787M | 0.50 | 80.0% |
| 2018 | CNY 605M | 0.39 | 61.8% |
| 2017 | CNY 476M | 0.30 | 58.0% |
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: 1.2:1 on Jun 6, 2019.
Who owns Zhejiang Weixing New Building Materials Co Ltd
- Insiders 64.16%
- Institutions 5.90%
- Public & others 29.95%
- Shares outstanding 1.59B
- Free float 550M
Zhejiang Weixing New Building Materials Co Ltd company profile
- Company name
- Zhejiang Weixing New Building Materials Co Ltd
- Ticker
- 002372.SHE
- ISIN
- CNE100000MK9
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Mar 18, 2010
- Sector
- Industrials
- Industry
- Building Products
- Employees
- 4,594
- Fiscal year end
- December
- Address
- No. 688, Jiangshi West Road, Linhai, China, 317000
- Phone
- 86 57 6851 76016
- Website
- vasen.com
About Zhejiang Weixing New Building Materials Co Ltd
Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company offers PP-R, PE, polypropylene-random-copolymer, PE-Xb, F-PPR, and PP-R/AL pipes for water supply applications. It also provides PE corrugated, PVC-U, and PE pipes for sewerage applications; PB-R, PE-RT II, PE-RT I, PB, and PE-XB pipes for heating applications; and plumbing accessories, including floor drains, water taps, angle valves, shower sprinkler, and hoses. In addition, the company offers HDPE same-floor drainage system, floor radiant heating system, comfortable hot water circulation system, SPM comfortable drainage system, and central hydraulic balance system solutions. It sells its products under the Vasen brand. Zhejiang Weixing New Building Materials Co., Ltd. was founded in 1976 and is based in Linhai, China.
Zhejiang Weixing New Building Materials Co Ltd management
7- Mr. Guo Jun ShiVice Chairman & GM · born 1972
- Mr. Anmen ChenChief Financial Officer · born 1974
- Ms. Mei TanDeputy GM, Board Secretary & Non Independent Director · born 1976
- Mr. Jinxiu QiDeputy General Manager · born 1969
- Ms. Minjun ZhengDeputy General Manager · born 1979
- Ms. Xiaofei ZhuDeputy General Manager · born 1978
- Mr. Bin LiDeputy General Manager · born 1974