Zhejiang Weixing New Building Materials Co Ltd

Zhejiang Weixing New Building Materials Co Ltd

002372 · SHE · Industrials / Building Products & Equipment

8.46CNY-0.13 (-1.51%)

Price History

Full chart

Market Stats

Previous Close8.59
Open8.60
Day Range8.45 – 8.63
52-Week Range7.45 – 12.31
Volume7.67M
Market Cap13.91B
P/E (TTM)15.89
Forward P/E11.35
EPS0.55
Dividend Yield5.15%
Beta0.51
50-Day Avg8.44
200-Day Avg10.00

About

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.

Company Details

  • SectorIndustrials
  • IndustryBuilding Products & Equipment
  • CEOMr. Guo Jun Shi
  • Employees4.59K
  • HeadquartersNo. 688, Jiangshi West Road, Linhai, China, 317000, China
  • Websitehttps://www.vasen.com

Leadership

  • Mr. Guo Jun ShiVice Chairman & GM · b. 1972
  • Mr. Anmen ChenChief Financial Officer · b. 1974
  • Ms. Mei TanDeputy GM, Board Secretary & Non Independent Director · b. 1976
  • Mr. Jinxiu QiDeputy General Manager · b. 1969
  • Ms. Minjun ZhengDeputy General Manager · b. 1979
  • Ms. Xiaofei ZhuDeputy General Manager · b. 1978
  • Mr. Bin LiDeputy General Manager · b. 1974

Financials

Income Statement

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue468.05M700.53M896.66M930.71M1.25B1.70B1.86B2.16B2.35B2.75B3.32B3.90B4.57B4.66B5.10B6.39B6.95B6.38B6.27B5.38B
Growth (%)-+49.67%+28.00%+3.80%+34.22%+35.83%+9.46%+16.23%+9.03%+16.69%+20.94%+17.51%+17.08%+2.07%+9.45%+25.13%+8.86%-8.27%-1.75%-14.12%
Cost of Revenue351.56M484.20M614.08M566.30M772.96M1.12B1.16B1.31B1.39B1.54B1.78B2.08B2.43B2.50B2.91B3.87B4.24B3.60B3.72B3.18B
Gross Profit116.49M216.32M282.58M364.41M476.22M581.18M695.69M844.61M966.38M1.20B1.55B1.82B2.14B2.17B2.20B2.52B2.71B2.78B2.55B2.21B
Gross Margin24.89%30.88%31.51%39.15%38.12%34.25%37.46%39.12%41.06%43.82%46.55%46.72%46.77%46.43%43.03%39.42%38.96%43.53%40.69%40.98%
Operating Expense78.81M102.94M158.39M205.23M271.04M325.53M417.63M477.84M526.34M634.77M772.24M861.16M972.25M971.94M809.93M1.08B1.18B1.04B1.41B1.30B
Operating Income37.68M113.38M124.19M159.18M205.18M255.65M278.06M366.77M440.04M568.81M773.84M962.42M1.17B1.19B1.39B1.44B1.53B1.73B1.14B906.33M
Operating Margin8.05%16.19%13.85%17.10%16.43%15.07%14.97%16.99%18.70%20.71%23.30%24.66%25.50%25.60%27.17%22.57%22.04%27.20%18.21%16.84%
EBITDA61.77M133.03M146.34M193.28M231.75M297.54M334.23M421.46M499.51M626.82M837.55M984.44M1.20B1.22B1.35B1.56B1.61B1.62B1.28B1.07B
EBITDA Margin13.20%18.99%16.32%20.77%18.55%17.54%18.00%19.52%21.22%22.82%25.22%25.22%26.25%26.11%26.36%24.37%23.13%25.35%20.43%19.97%
Net Income41.24M87.49M95.13M132.63M170.12M219.25M235.94M315.67M387.75M484.41M670.70M821.29M978.33M983.25M1.19B1.22B1.30B1.43B952.67M740.78M
Net Income Margin8.81%12.49%10.61%14.25%13.62%12.92%12.70%14.62%16.47%17.64%20.19%21.04%21.41%21.08%23.36%19.15%18.66%22.46%15.20%13.76%
R&D-2.53M8.30M-11.50M15.17M58.16M72.58M79.60M86.92M94.77M114.51M145.19M161.20M156.17M184.54M189.20M202.47M192.11M173.99M
R&D as % of Total Revenue-0.36%0.93%-0.92%0.89%3.13%3.36%3.38%3.16%2.85%2.93%3.18%3.46%3.06%2.89%2.72%3.17%3.07%3.23%
Interest Expense6.29M14.02M19.25M11.47M6.92M9.06M10.97M2.75M1.04M1.45M1.55M1.84M1.81M1.95M1.74M2.14M2.53M2.07M3.17M687.83K
Interest Expense % of Total Revenue1.34%2.00%2.15%1.23%0.55%0.53%0.59%0.13%0.04%0.05%0.05%0.05%0.04%0.04%0.03%0.03%0.04%0.03%0.05%0.01%

Balance Sheet

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets551.01M510.74M648.65M653.42M1.89B2.13B2.09B2.30B2.56B2.90B3.67B4.20B4.61B4.82B5.66B6.44B6.94B7.29B6.63B6.39B
Total Liabilities291.91M282.55M325.33M349.47M312.91M414.54M319.94M356.02M442.37M507.64M924.11M987.40M956.85M918.97M1.31B1.50B1.49B1.54B1.40B1.47B
Total Equity259.48M228.19M323.32M303.95M1.57B1.72B1.77B1.95B2.12B2.39B2.75B3.20B3.64B3.89B4.32B4.91B5.33B5.59B5.09B4.89B
Cash77.70M29.08M116.80M77.84M970.83M804.98M660.35M649.14M548.68M741.12M1.01B1.43B1.01B1.59B2.02B2.41B3.18B3.17B1.73B1.18B
Total Debt150.00M184.75M238.20M203.24M64.00M62.00M20.05M--30.00M119.34M73.71M30.47M-133.00M7.17M24.26M13.04M17.83M-
Net Debt72.30M155.67M121.40M125.40M-906.83M-742.98M-640.31M-649.14M-548.68M-741.12M-1.01B-1.43B-1.01B-1.59B-2.02B-2.40B-3.15B-3.16B-1.71B-

Cash Flow

Currency: CNY2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow19.56M108.68M146.18M212.49M96.39M169.81M297.94M419.28M513.26M497.48M969.25M941.95M956.80M894.65M1.35B1.59B1.53B1.37B1.15B1.18B
Investing Cash Flow-26.92M-154.05M-82.81M-52.58M-154.37M-302.86M-153.44M-231.17M-396.73M-126.90M-448.96M-61.59M-772.50M469.15M-402.06M-264.80M-103.78M-1.14B-366.06M-
Financing Cash Flow33.48M3.91M752.93K-200.11M978.22M-32.96M-309.86M-178.13M-222.39M-208.07M-217.07M-463.72M-605.04M-782.25M-651.21M-796.80M-873.73M-1.23B-1.47B-
Capital Expenditure29.15M55.40M106.43M55.33M161.41M329.46M166.05M185.34M180.06M133.58M140.38M265.21M220.65M169.11M215.61M233.05M217.34M382.38M353.64M248.51M
Free Cash Flow-9.59M53.29M39.75M157.16M-65.02M-159.66M131.89M233.94M333.20M363.90M828.87M676.74M736.15M725.55M1.13B1.36B1.31B991.45M793.78M929.88M
Dividends Paid43.76M25.08M20.30M164.26M7.10M84.96M213.90M205.47M269.78M267.09M347.21M476.22M605.04M786.56M786.56M796.06M955.27M955.21M1.41B946.48M
FCF to OCF-49.04%49.03%27.19%73.96%-67.46%-94.02%44.27%55.80%64.92%73.15%85.52%71.84%76.94%81.10%83.98%85.38%85.80%72.17%69.18%78.91%
Dividend Paid to FCF-456.26%47.07%51.06%104.52%-10.92%-53.22%162.19%87.83%80.96%73.40%41.89%70.37%82.19%108.41%69.57%58.51%72.73%96.34%178.22%101.78%

Earnings

Report DateMar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Aug 29, 2012Nov 28, 2012Feb 27, 2013May 29, 2013Jul 29, 2013Nov 27, 2013Feb 26, 2014Apr 25, 2014Aug 8, 2014Oct 27, 2014Feb 6, 2015Apr 24, 2015Aug 5, 2015Oct 21, 2015Feb 27, 2016Apr 8, 2016Aug 9, 2016Oct 24, 2016Feb 16, 2017Apr 25, 2017Aug 4, 2017Oct 26, 2017Mar 23, 2018Apr 25, 2018Jul 26, 2018Oct 26, 2018Feb 19, 2019Apr 24, 2019Aug 7, 2019Oct 28, 2019Mar 26, 2020Apr 27, 2020Aug 11, 2020Oct 28, 2020Mar 1, 2021Apr 28, 2021Aug 11, 2021Oct 27, 2021Mar 30, 2022Apr 27, 2022Aug 16, 2022Oct 27, 2022Dec 31, 2022Apr 27, 2023Aug 24, 2023Oct 27, 2023Feb 28, 2024Apr 8, 2024Aug 23, 2024Oct 29, 2024Feb 26, 2025Apr 25, 2025Aug 12, 2025Oct 29, 2025Dec 31, 2025Apr 2, 2026Aug 6, 2026
EPS Estimate-------------0.06--0.030.100.08-0.060.09--0.10---0.050.120.120.13----0.070.220.16-0.040.170.140.230.120.220.140.270.060.190.260.340.100.180.260.380.360.180.160.270.130.200.150.260.260.11
EPS Actual0.020.040.040.020.020.050.050.030.020.060.050.030.030.090.070.060.030.060.070.070.070.080.090.100.100.110.130.140.050.110.140.180.070.180.170.210.080.180.140.180.050.170.230.350.070.170.220.290.070.150.250.350.110.200.230.350.270.120.180.210.070.100.170.130.130.17
Surprise-------------50.00%--0.00%-40.00%-12.50%-16.67%-11.11%--0.00%---0.00%-8.33%16.67%38.46%----14.29%-18.18%-12.50%-25.00%0.00%64.29%52.17%-41.67%-22.73%57.14%7.41%16.67%-21.05%-3.85%2.94%10.00%11.11%-11.54%-7.89%-25.00%-33.33%12.50%-22.22%-46.15%-50.00%13.33%-49.02%-50.00%54.55%
Timing-------------After-hours--After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hours--After-hoursPre-market

Key Statistics & Ratios

Market Cap13.91B
Enterprise Value11.11B
Trailing P/E15.89
Forward P/E11.35
Price / Sales2.68
Price / Book2.79
EPS0.55
Book Value3.00
Revenue (TTM)5.20B
Gross Profit (TTM)2.09B
EBITDA942.71M
Profit Margin16.53%
Operating Margin14.07%
Return on Equity18.19%
Return on Assets7.91%
Shares Outstanding1.59B
Shares Float549.45M
Beta0.51
Dividend Yield5.15%
Dividend Rate0.45
Payout Ratio75.00%

Dividends

20261×
0.35May 8, 2026
20252×
0.10Oct 30, 20250.50May 28, 2025
20242×
0.10Sep 26, 20240.80May 22, 2024
20231×
0.60May 31, 2023
20221×
0.60May 19, 2022
20211×
0.50Jun 4, 2021
20201×
0.50May 28, 2020
20191×
0.50Jun 6, 2019
20181×
0.38Jun 7, 2018
20171×
0.30Apr 28, 2017
20161×
0.23Jun 20, 2016
20151×
0.18May 27, 2015
20141×
0.18May 21, 2014
20131×
0.14Jun 19, 2013
20121×
0.14Apr 20, 2012
20111×
0.05May 13, 2011

Stock Splits

  • Jun 6, 20191.2:1
  • Jun 7, 20181.3:1
  • Apr 28, 201713:10
  • Jun 20, 201613:10
  • May 27, 201513:10
  • May 21, 201413:10
  • Jun 19, 20131.3:1