Weihai Guangwei Composites Co Ltd

Weihai Guangwei Composites Co Ltd

300699 · SHE · Basic Materials / Specialty Chemicals

20.50CNY-0.51 (-2.43%)

Price History

Full chart

Market Stats

Previous Close21.01
Open21.09
Day Range20.50 – 21.27
52-Week Range22.35 – 46.40
Volume8.81M
Market Cap18.98B
P/E (TTM)35.12
Forward P/E0.00
EPS0.65
Dividend Yield2.19%
Beta0.19
50-Day Avg24.55
200-Day Avg32.17

About

Weihai Guangwei Composites Co., Ltd. engages in the research, development, production, and sale of carbon fibers and composite materials in China. The company offers carbon fibers, raw silk, carbon fiber warp-knitted fabrics, and carbon fiber fabrics; prepreg tapes, fabric prepreg, narrow band slitting, prepreg, and stage prepreg products; composite material products comprising pipes, shaped parts, structural components, sandwich components, airfoil sails, drones, boards, composite material work ladders, carbon fiber foot protectors, and irregular parts; and carbon beams for wind turbine blades, including building reinforcement panels, wind power carbon beams, u-shaped sword shafts, square support tubes, carbon fiber ribs, and carbon glass sandwich panels. It also provides machinery and equipment, such as carbon fiber, prepreg, fiber and tape laying, fiber winding, and ground support equipment, as well as aerospace tooling molds; technical design services; and testing and inspection services. The company's products are used in aerospace, wind turbine blades, photovoltaic thermal fields, high-pressure hydrogen storage, sports and leisure, and building reinforcement applications, as well as aviation, weaponry, electronic communications, rail transportation, marine vessels, and wind power generation. Weihai Guangwei Composites Co., Ltd. was founded in 1992 and is headquartered in Weihai, China.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Wenyi Wang
  • Employees2.24K
  • HeadquartersNo.130, Tianjin Road, Weihai, China, 264202, China
  • Websitehttps://www.gwcfc.cn

Leadership

  • Mr. Wenyi WangVice Chairman & GM · b. 1977
  • Mr. Shi Jun XiongChief Financial Officer · b. 1972
  • Mr. Fengsen LiuChief Engineer · b. 1974
  • Mr. Yueyi ZhangChief Engineer & Non Independent Director · b. 1985
  • Mr. Yingchao WangDeputy GM & Board Secretary · b. 1966
  • Mr. Zhuangzhi WangDeputy General Manager · b. 1964
  • Mr. Changxing GaoDeputy General Manager · b. 1976

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue422.65M499.49M468.46M543.11M633.47M949.37M1.36B1.71B2.12B2.61B2.51B2.52B2.45B2.86B
Growth (%)-+18.18%-6.21%+15.94%+16.64%+49.87%+43.63%+25.77%+23.36%+23.25%-3.69%+0.26%-2.69%+16.68%
Cost of Revenue236.79M279.50M259.39M262.05M269.11M525.42M767.25M927.47M1.12B1.48B1.32B1.36B1.39B2.15B
Gross Profit185.85M219.99M209.07M281.06M364.36M423.95M596.30M787.48M993.27M1.13B1.19B1.16B1.06B709.36M
Gross Margin43.97%44.04%44.63%51.75%57.52%44.66%43.73%45.92%46.95%43.41%47.30%46.14%43.20%24.82%
Operating Expense58.19M138.48M161.34M174.23M207.92M166.34M169.88M159.53M264.06M279.36M139.02M169.90M245.12M0
Operating Income127.66M81.51M47.73M106.83M156.44M257.61M426.42M627.96M729.21M852.45M1.05B991.71M813.19M709.36M
Operating Margin30.20%16.32%10.19%19.67%24.70%27.14%31.27%36.62%34.47%32.69%41.76%39.39%33.19%24.82%
EBITDA215.28M171.89M168.74M214.82M269.33M347.55M494.94M614.09M743.23M993.49M1.06B990.10M1.00B978.58M
EBITDA Margin50.94%34.41%36.02%39.55%42.52%36.61%36.30%35.81%35.13%38.10%42.27%39.33%40.94%34.23%
Net Income83.41M74.52M51.02M176.39M199.34M237.20M376.58M521.79M641.71M758.38M934.25M873.17M741.18M601.42M
Net Income Margin19.74%14.92%10.89%32.48%31.47%24.98%27.62%30.43%30.33%29.09%37.20%34.68%30.25%21.04%
R&D38.52M67.81M79.54M91.94M109.95M131.62M194.14M190.07M274.21M232.39M192.39M168.25M172.71M219.52M
R&D as % of Total Revenue9.11%13.58%16.98%16.93%17.36%13.86%14.24%11.08%12.96%8.91%7.66%6.68%7.05%7.68%
Interest Expense0032.40M28.26M17.94M22.38M4.37M14.13M14.72M6.62M6.98M10.08M23.72M40.42M
Interest Expense % of Total Revenue0.00%0.00%6.92%5.20%2.83%2.36%0.32%0.82%0.70%0.25%0.28%0.40%0.97%1.41%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.14B2.19B1.65B1.83B2.17B3.18B3.59B4.06B4.65B5.56B6.33B7.06B8.07B9.02B
Total Liabilities942.28M1.20B609.89M621.30M757.31M583.61M724.61M813.05M936.68M1.29B1.34B1.53B2.58B-5.49B
Total Equity1.19B989.24M1.04B1.21B1.41B2.59B2.86B3.25B3.64B4.15B4.88B5.45B5.51B5.49B
Cash62.20M119.94M28.31M56.31M69.17M194.59M503.87M869.38M1.49B1.95B1.38B1.09B1.38B1.76B
Total Debt466.90M738.85M352.38M243.72M328.00M150.05M160.50M177.42M2.40M585.69K32.97M169.95M824.29M-
Net Debt404.70M618.90M324.08M187.42M258.83M-194.59M-503.87M-869.38M-1.48B-1.95B-1.34B-920.30M-559.96M-

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow67.90M-111.59M441.50M203.20M20.68M418.20M236.91M753.16M955.68M1.20B147.23M534.44M862.93M1.29B
Investing Cash Flow-81.70M-82.35M-68.90M-94.30M-68.72M-926.41M47.71M-153.53M-113.51M-549.69M-708.45M-734.71M-861.11M-
Financing Cash Flow3.15M239.26M-411.59M-122.32M62.76M600.23M-65.51M-181.13M-181.68M-195.94M-118.05M-71.41M291.81M-
Capital Expenditure81.79M83.50M72.46M53.75M87.54M116.88M185.73M365.72M580.71M600.94M697.76M744.89M839.14M747.25M
Free Cash Flow-13.89M-195.09M369.04M149.45M-66.85M301.31M51.18M387.43M374.97M595.23M-550.53M-210.45M23.79M547.56M
Dividends Paid33.33M38.53M31.67M13.58M14.93M11.53M110.40M185.13M259.18M259.18M259.18M371.29M433.76M448.89M
FCF to OCF-20.46%174.83%83.59%73.55%-323.21%72.05%21.60%51.44%39.24%49.76%-373.92%-39.38%2.76%42.29%
Dividend Paid to FCF-239.90%-19.75%8.58%9.09%-22.33%3.83%215.72%47.78%69.12%43.54%-47.08%-176.42%1823.50%81.98%

Earnings

Report DateOct 30, 2017Feb 26, 2018Apr 27, 2018Aug 20, 2018Oct 22, 2018Feb 22, 2019Apr 22, 2019Aug 19, 2019Oct 28, 2019Feb 23, 2020Apr 27, 2020Aug 10, 2020Oct 26, 2020Feb 1, 2021Apr 20, 2021Aug 23, 2021Oct 25, 2021Jan 16, 2022Apr 25, 2022Aug 15, 2022Oct 24, 2022Jan 11, 2023Apr 21, 2023Aug 14, 2023Oct 26, 2023Jan 29, 2024Apr 8, 2024Aug 26, 2024Oct 27, 2024Dec 31, 2024Apr 24, 2025Aug 18, 2025Oct 27, 2025Mar 30, 2026Apr 28, 2026Aug 24, 2026
EPS Estimate-------0.270.140.110.230.240.240.30------0.370.260.260.290.300.350.350.280.330.330.250.300.300.34-0.27
EPS Actual0.110.060.170.250.190.130.310.290.130.150.190.210.170.230.420.420.350.260.400.570.280.190.220.160.150.300.250.250.300.160.190.130.170.230.230.09
Surprise-------7.41%-7.14%36.36%-17.39%-12.50%-29.17%-23.33%-------24.32%-26.92%-15.38%-44.83%-50.00%-14.29%-28.57%-10.71%-9.09%-50.97%-24.00%-56.67%-43.33%-32.35%--66.67%
TimingAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap18.98B
Enterprise Value20.25B
Trailing P/E35.12
Forward P/E0.00
Price / Sales6.37
Price / Book3.58
EPS0.65
Book Value6.63
Revenue (TTM)2.98B
Gross Profit (TTM)1.10B
EBITDA1.04B
Profit Margin17.89%
Operating Margin12.99%
Return on Equity9.79%
Return on Assets4.44%
Shares Outstanding831.35M
Shares Float505.67M
Beta0.19
Dividend Yield2.19%
Dividend Rate0.50
Payout Ratio69.59%

Dividends

20261×
0.50Jun 18, 2026
20251×
0.50May 21, 2025
20241×
0.50Jul 3, 2024
20231×
0.70May 11, 2023
20221×
0.31May 27, 2022
20211×
0.31May 27, 2021
20201×
0.31May 14, 2020
20191×
0.31May 16, 2019
20181×
0.13Jun 19, 2018

Stock Splits

  • May 11, 20231.6:1
  • May 16, 20191.4:1