Weiqiao Textile Company Limited Logo

Weiqiao Textile Company Limited

2698.HK

(1.2)
Stock Price

3,49 HKD

-6.13% ROA

-8.28% ROE

-2.37x PER

Market Cap.

3.696.341.061,27 HKD

28.01% DER

0% Yield

-8.7% NPM

Weiqiao Textile Company Limited Stock Analysis

Weiqiao Textile Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Weiqiao Textile Company Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.11x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (28%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-8.59%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-6.13%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-10) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Weiqiao Textile Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Weiqiao Textile Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Weiqiao Textile Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Weiqiao Textile Company Limited Revenue
Year Revenue Growth
2002 4.380.923.000
2003 6.560.470.000 33.22%
2004 11.088.224.000 40.83%
2005 13.584.389.000 18.38%
2006 19.826.154.000 31.48%
2007 18.589.586.000 -6.65%
2008 16.453.087.000 -12.99%
2009 14.333.088.000 -14.79%
2010 17.887.429.000 19.87%
2011 15.232.034.000 -17.43%
2012 15.247.956.000 0.1%
2013 13.880.642.000 -9.85%
2014 11.211.146.000 -23.81%
2015 12.498.205.000 10.3%
2016 14.175.446.000 11.83%
2017 16.373.385.000 13.42%
2018 16.455.883.999 0.5%
2019 15.167.562.000 -8.49%
2019 15.167.562.000 0%
2020 12.743.437.000 -19.02%
2021 16.262.686.000 21.64%
2022 16.573.668.000 1.88%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Weiqiao Textile Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 59.927.000 100%
2014 70.398.000 14.87%
2015 74.101.000 5%
2016 64.927.000 -14.13%
2017 84.405.000 23.08%
2018 71.004.000 -18.87%
2019 0 0%
2019 112.909.000 100%
2020 377.411.000 70.08%
2021 595.559.000 36.63%
2022 535.461.000 -11.22%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Weiqiao Textile Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 40.189.000
2003 89.703.000 55.2%
2004 143.524.000 37.5%
2005 151.059.000 4.99%
2006 177.341.000 14.82%
2007 196.971.000 9.97%
2008 193.173.000 -1.97%
2009 190.024.000 -1.66%
2010 202.325.000 6.08%
2011 230.650.000 12.28%
2012 252.398.000 8.62%
2013 283.578.000 11%
2014 297.710.000 4.75%
2015 327.570.000 9.12%
2016 319.224.000 -2.61%
2017 257.185.000 -24.12%
2018 277.490.000 7.32%
2019 279.758.000 0.81%
2019 279.758.000 0%
2020 277.751.000 -0.72%
2021 347.918.000 20.17%
2022 379.913.000 8.42%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Weiqiao Textile Company Limited EBITDA
Year EBITDA Growth
2002 753.510.000
2003 1.463.892.000 48.53%
2004 2.298.141.000 36.3%
2005 2.900.550.000 20.77%
2006 2.677.324.000 -8.34%
2007 2.531.719.000 -5.75%
2008 2.602.152.000 2.71%
2009 2.979.967.000 12.68%
2010 4.067.845.000 26.74%
2011 2.206.351.000 -84.37%
2012 2.635.230.000 16.27%
2013 2.053.630.999 -28.32%
2014 1.615.704.000 -27.1%
2015 2.941.427.000 45.07%
2016 2.937.937.000 -0.12%
2017 2.570.810.000 -14.28%
2018 2.377.598.000 -8.13%
2019 1.701.594.000 -39.73%
2019 1.522.170.000 -11.79%
2020 1.360.758.000 -11.86%
2021 1.446.072.000 5.9%
2022 -932.727.000 255.04%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Weiqiao Textile Company Limited Gross Profit
Year Gross Profit Growth
2002 651.656.000
2003 1.210.313.000 46.16%
2004 1.857.177.000 34.83%
2005 2.244.130.000 17.24%
2006 3.323.090.000 32.47%
2007 2.662.371.000 -24.82%
2008 1.430.734.000 -86.08%
2009 1.243.557.000 -15.05%
2010 2.879.606.000 56.82%
2011 278.489.000 -934.01%
2012 1.037.207.000 73.15%
2013 1.205.630.000 13.97%
2014 742.819.000 -62.3%
2015 2.187.631.000 66.04%
2016 2.251.359.000 2.83%
2017 1.770.198.000 -27.18%
2018 1.719.618.999 -2.94%
2019 960.914.000 -78.96%
2019 960.914.000 0%
2020 962.155.000 0.13%
2021 1.301.901.000 26.1%
2022 -1.016.202.000 228.11%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Weiqiao Textile Company Limited Net Profit
Year Net Profit Growth
2002 288.240.000
2003 541.672.000 46.79%
2004 825.535.000 34.39%
2005 1.242.473.000 33.56%
2006 1.685.405.000 26.28%
2007 1.878.105.000 10.26%
2008 596.212.000 -215.01%
2009 892.446.000 33.19%
2010 1.627.376.000 45.16%
2011 245.584.000 -562.66%
2012 481.880.000 49.04%
2013 628.807.000 23.37%
2014 308.243.000 -104%
2015 979.347.000 68.53%
2016 992.706.000 1.35%
2017 522.249.000 -90.08%
2018 643.906.000 18.89%
2019 215.675.000 -198.55%
2019 218.338.000 1.22%
2020 204.833.000 -6.59%
2021 614.187.000 66.65%
2022 -1.557.643.000 139.43%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Weiqiao Textile Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 1 0%
2004 1 0%
2005 1 100%
2006 1 0%
2007 2 0%
2008 1 0%
2009 1 0%
2010 1 100%
2011 0 0%
2012 0 0%
2013 1 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 0 0%
2018 1 0%
2019 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 -1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Weiqiao Textile Company Limited Free Cashflow
Year Free Cashflow Growth
2002 -35.589.000
2003 -3.518.533.000 98.99%
2004 -2.205.029.000 -59.57%
2005 -642.159.000 -243.38%
2006 -14.415.000 -4354.8%
2007 865.808.000 101.66%
2008 -784.298.000 210.39%
2009 993.133.000 178.97%
2010 -828.494.000 219.87%
2011 -2.077.234.000 60.12%
2012 4.211.666.000 149.32%
2013 1.358.913.000 -209.93%
2014 1.241.093.000 -9.49%
2015 3.342.514.000 62.87%
2016 -228.059.000 1565.64%
2017 2.719.096.000 108.39%
2018 1.828.974.000 -48.67%
2019 327.145.000 -459.07%
2020 1.383.212.000 76.35%
2021 75.291.000 -1737.15%
2022 -2.254.666.000 103.34%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Weiqiao Textile Company Limited Operating Cashflow
Year Operating Cashflow Growth
2002 318.674.000
2003 -730.853.000 143.6%
2004 1.408.984.000 151.87%
2005 1.954.460.000 27.91%
2006 2.972.676.000 34.25%
2007 2.143.326.000 -38.69%
2008 1.787.143.000 -19.93%
2009 1.134.819.000 -57.48%
2010 -110.021.000 1131.46%
2011 -1.560.091.000 92.95%
2012 4.437.426.000 135.16%
2013 1.508.270.000 -194.21%
2014 1.997.538.000 24.49%
2015 3.716.222.000 46.25%
2016 3.666.170.000 -1.37%
2017 3.017.276.000 -21.51%
2018 1.996.449.000 -51.13%
2019 460.959.500 -333.11%
2020 1.427.671.000 67.71%
2021 158.892.000 -798.52%
2022 -1.328.391.000 111.96%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Weiqiao Textile Company Limited Capital Expenditure
Year Capital Expenditure Growth
2002 354.263.000
2003 2.787.680.000 87.29%
2004 3.614.013.000 22.86%
2005 2.596.619.000 -39.18%
2006 2.987.091.000 13.07%
2007 1.277.518.000 -133.82%
2008 2.571.441.000 50.32%
2009 141.686.000 -1714.89%
2010 718.473.000 80.28%
2011 517.143.000 -38.93%
2012 225.760.000 -129.07%
2013 149.357.000 -51.15%
2014 756.445.000 80.26%
2015 373.708.000 -102.42%
2016 3.894.229.000 90.4%
2017 298.180.000 -1206%
2018 167.475.000 -78.04%
2019 133.814.500 -25.15%
2020 44.459.000 -200.98%
2021 83.601.000 46.82%
2022 926.275.000 90.97%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Weiqiao Textile Company Limited Equity
Year Equity Growth
2002 1.532.790.000
2003 4.516.177.000 66.06%
2004 5.953.910.000 24.15%
2005 9.599.337.000 37.98%
2006 11.720.829.000 18.1%
2007 13.370.679.000 12.34%
2008 13.369.078.000 -0.01%
2009 14.074.124.000 5.01%
2010 15.422.610.000 8.74%
2011 15.145.529.000 -1.83%
2012 15.556.462.000 2.64%
2013 16.027.713.000 2.94%
2014 16.137.926.000 0.68%
2015 17.024.947.000 5.21%
2016 17.714.995.000 3.9%
2017 17.930.249.000 1.2%
2018 18.408.850.000 2.6%
2019 18.426.734.000 0.1%
2020 18.552.521.000 0.68%
2021 19.094.568.000 2.84%
2022 17.316.919.000 -10.27%
2023 16.811.367.000 -3.01%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Weiqiao Textile Company Limited Assets
Year Assets Growth
2002 5.045.886.000
2003 10.212.895.000 50.59%
2004 14.799.988.000 30.99%
2005 22.702.430.000 34.81%
2006 23.475.066.000 3.29%
2007 26.748.676.000 12.24%
2008 27.296.250.000 2.01%
2009 26.754.785.000 -2.02%
2010 28.389.854.000 5.76%
2011 29.356.819.000 3.29%
2012 28.373.669.000 -3.47%
2013 30.310.462.000 6.39%
2014 28.959.365.000 -4.67%
2015 29.081.434.000 0.42%
2016 31.832.301.000 8.64%
2017 28.512.475.000 -11.64%
2018 24.952.770.000 -14.27%
2019 24.426.489.000 -2.15%
2020 24.462.216.000 0.15%
2021 25.218.482.000 3%
2022 25.504.185.000 1.12%
2023 24.288.685.000 -5%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Weiqiao Textile Company Limited Liabilities
Year Liabilities Growth
2002 3.513.096.000
2003 5.696.718.000 38.33%
2004 8.846.078.000 35.6%
2005 13.103.093.000 32.49%
2006 11.754.237.000 -11.48%
2007 13.276.020.000 11.46%
2008 13.830.749.000 4.01%
2009 12.586.695.000 -9.88%
2010 12.865.444.000 2.17%
2011 14.118.507.000 8.88%
2012 12.729.795.000 -10.91%
2013 14.208.614.000 10.41%
2014 12.748.887.000 -11.45%
2015 11.986.250.000 -6.36%
2016 14.051.563.000 14.7%
2017 10.553.364.000 -33.15%
2018 6.543.920.000 -61.27%
2019 5.999.755.000 -9.07%
2020 5.909.695.000 -1.52%
2021 6.123.914.000 3.5%
2022 8.187.266.000 25.2%
2023 7.477.318.000 -9.49%

Weiqiao Textile Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
13.88
Net Income per Share
-1.31
Price to Earning Ratio
-2.37x
Price To Sales Ratio
0.22x
POCF Ratio
-2.79
PFCF Ratio
-1.64
Price to Book Ratio
0.21
EV to Sales
-0.17
EV Over EBITDA
4.39
EV to Operating CashFlow
2.15
EV to FreeCashFlow
1.27
Earnings Yield
-0.42
FreeCashFlow Yield
-0.61
Market Cap
3,70 Bil.
Enterprise Value
-2,86 Bil.
Graham Number
20.66
Graham NetNet
3.97

Income Statement Metrics

Net Income per Share
-1.31
Income Quality
0.9
ROE
-0.09
Return On Assets
-0.06
Return On Capital Employed
-0.07
Net Income per EBT
1.13
EBT Per Ebit
1.08
Ebit per Revenue
-0.07
Effective Tax Rate
-0.14

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
-0.04
Operating Profit Margin
-0.07
Pretax Profit Margin
-0.08
Net Profit Margin
-0.09

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
-0.14
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-1.11
Free CashFlow per Share
-1.89
Capex to Operating CashFlow
0.7
Capex to Revenue
-0.06
Capex to Depreciation
-1.27
Return on Invested Capital
-0.07
Return on Tangible Assets
-0.06
Days Sales Outstanding
0
Days Payables Outstanding
20.1
Days of Inventory on Hand
63.54
Receivables Turnover
0
Payables Turnover
18.16
Inventory Turnover
5.74
Capex per Share
-0.78

Balance Sheet

Cash per Share
9,55
Book Value per Share
14,49
Tangible Book Value per Share
14.5
Shareholders Equity per Share
14.49
Interest Debt per Share
4.18
Debt to Equity
0.28
Debt to Assets
0.19
Net Debt to EBITDA
10.07
Current Ratio
2.11
Tangible Asset Value
17,32 Bil.
Net Current Asset Value
7,96 Bil.
Invested Capital
0.28
Working Capital
8,48 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
1,04 Bil.
Average Inventory
3015931000
Debt to Market Cap
1.31

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Weiqiao Textile Company Limited Dividends
Year Dividends Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Weiqiao Textile Company Limited Profile

About Weiqiao Textile Company Limited

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 and related products; and trades in textile raw materials and products. In addition, the company is involved in the generation and sale of electricity and steam. As of December 31, 2021, it had an installed capacity of 2,760 megawatts of thermal power assets. The company was incorporated in 1999 and is based in Zouping, the People's Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.

CEO
Mr. Jiakun Wei
Employee
39.000
Address
No. 1, Wei Fang Road
Zouping,

Weiqiao Textile Company Limited Executives & BODs

Weiqiao Textile Company Limited Executives & BODs
# Name Age
1 Mr. Jinglei Zhang
Company Secretary & Executive Director
70
2 Ms. Hongxia Zhang
Chairman
70
3 Mr. Jiakun Wei
Chief Executive Officer, GM & Executive Director
70
4 Ms. Yanhong Zhang
Vice Chairman
70
5 Ms. Suwen Zhao
Chief Financial Officer & Executive Director
70
6 Mr. Weijian Zhao
Head of Accounting
70

Weiqiao Textile Company Limited Competitors