Zhejiang Weixing Financials
| 002372 Stock | 12.99 0.72 5.87% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 796.4 M | 1.5 B |
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Zhejiang | Select Account or Indicator |
Understanding current and past Zhejiang Weixing Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zhejiang Weixing's financial statements are interrelated, with each one affecting the others. For example, an increase in Zhejiang Weixing's assets may result in an increase in income on the income statement.
Please note, the presentation of Zhejiang Weixing's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zhejiang Weixing's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Zhejiang Weixing's management manipulating its earnings.
Zhejiang Weixing Stock Summary
Zhejiang Weixing competes with PetroChina, China State, China Mobile, Industrial, and China Life. Zhejiang Weixing is entity of China. It is traded as Stock on SHE exchange.Specialization | Industrials, Building Products & Equipment |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE100000MK9 |
| Business Address | No 688, Jiangshi |
| Sector | Building Products |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.vasen.com |
| Phone | 86 576 8512 6666 |
You should never invest in Zhejiang Weixing without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zhejiang Stock, because this is throwing your money away. Analyzing the key information contained in Zhejiang Weixing's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Zhejiang Weixing Key Financial Ratios
Zhejiang Weixing's financial ratios allow both analysts and investors to convert raw data from Zhejiang Weixing's financial statements into concise, actionable information that can be used to evaluate the performance of Zhejiang Weixing over time and compare it to other companies across industries.| Revenue | 6.38 B | ||||
| Gross Profit | 2.71 B | ||||
| EBITDA | 1.46 B | ||||
| Net Income | 1.43 B | ||||
| Total Asset | 7.29 B |
Zhejiang Weixing Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 4.8B | 5.7B | 6.4B | 6.9B | 7.3B | 3.8B | |
| Other Current Liab | 424.8M | 699.7M | 843.2M | 667.8M | 62.1M | 59.0M | |
| Retained Earnings | 2.1B | 2.5B | 3.0B | 3.3B | 3.0B | 3.1B | |
| Accounts Payable | 318.7M | 399.3M | 385.3M | 438.3M | 496.7M | 521.6M | |
| Cash | 1.6B | 2.0B | 2.4B | 3.2B | 3.2B | 3.3B | |
| Other Assets | 23.2M | 35.7M | 62.9M | 82.9M | 95.3M | 100.0M | |
| Net Receivables | 415.0M | 292.3M | 353.4M | 444.3M | 550.6M | 295.2M | |
| Inventory | 728.4M | 768.8M | 1.1B | 891.6M | 1.0B | 554.2M | |
| Other Current Assets | 203.9M | 224.4M | 223.2M | 237.3M | 112.2M | 183.0M | |
| Total Liab | 919.0M | 1.3B | 1.5B | 1.5B | 1.5B | 837.5M | |
| Intangible Assets | 264.8M | 257.8M | 255.3M | 285.7M | 362.6M | 188.6M | |
| Common Stock | 1.0B | 1.3B | 1.6B | 1.6B | 1.8B | 1.9B | |
| Other Liab | 26.5M | 33.1M | 37.4M | 122.9M | 141.4M | 148.4M | |
| Net Tangible Assets | 3.6B | 4.1B | 4.7B | 5.0B | 5.8B | 3.9B | |
| Total Current Assets | 3.1B | 3.6B | 4.3B | 4.9B | 5.1B | 3.7B | |
| Net Invested Capital | 3.9B | 4.3B | 4.9B | 5.3B | 5.6B | 4.9B | |
| Net Working Capital | 2.2B | 2.3B | 2.8B | 3.6B | 3.6B | 2.9B |
Zhejiang Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zhejiang Weixing's current stock value. Our valuation model uses many indicators to compare Zhejiang Weixing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zhejiang Weixing competition to find correlations between indicators driving Zhejiang Weixing's intrinsic value. More Info.Zhejiang Weixing New is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Zhejiang Weixing New is roughly 1.89 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zhejiang Weixing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zhejiang Weixing's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Zhejiang Weixing New Systematic Risk
Zhejiang Weixing's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zhejiang Weixing volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Zhejiang Weixing New correlated with the market. If Beta is less than 0 Zhejiang Weixing generally moves in the opposite direction as compared to the market. If Zhejiang Weixing Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zhejiang Weixing New is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zhejiang Weixing is generally in the same direction as the market. If Beta > 1 Zhejiang Weixing moves generally in the same direction as, but more than the movement of the benchmark.
Zhejiang Weixing New Total Assets Over Time
Zhejiang Weixing November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zhejiang Weixing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zhejiang Weixing New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zhejiang Weixing New based on widely used predictive technical indicators. In general, we focus on analyzing Zhejiang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zhejiang Weixing's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 19.75 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 7.7 |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Weixing's price analysis, check to measure Zhejiang Weixing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zhejiang Weixing is operating at the current time. Most of Zhejiang Weixing's value examination focuses on studying past and present price action to predict the probability of Zhejiang Weixing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Weixing's price. Additionally, you may evaluate how the addition of Zhejiang Weixing to your portfolios can decrease your overall portfolio volatility.
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