Zhejiang Weixing New Building Materials Co., Ltd.

Zhejiang Weixing New Building Materials Co., Ltd.

002372.SZ
Zhejiang Weixing New Building Materials Co., Ltd.CN flagShenzhen Stock Exchange
8.60
CNY
+0.05
- -
13.52BMarket Cap
Zhejiang Weixing New Building Materials Co., Ltd.
002372.SZ
(Shenzhen Stock Exchange)

Recent

price

8.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.91
1.16
1.27
1.46
1.57
1.79
2.13
2.53
2.94
2.99
3.25
4.02
4.39
4.01
4.01
3.41
3.69
Revenue per Share
0.12
0.15
0.16
0.21
0.26
0.32
0.43
0.53
0.63
0.63
0.76
0.77
0.82
0.9
0.61
0.47
0.54
Basic EPS, GAAP
-0.05
-0.1
0.09
0.16
0.22
0.24
0.53
0.44
0.47
0.46
0.72
0.86
0.83
0.62
0.51
0.59
-0.2
Free Cash Flow per Basic Share
0.01
0.06
0.15
0.14
0.18
0.17
0.22
0.31
0.39
0.5
0.5
0.5
0.6
0.6
0.91
0.6
0.58
Dividend per Share
0.36
0.42
0.43
0.54
0.66
0.85
1.12
1.47
1.84
2.06
2.27
2.45
2.61
2.88
2.64
2.49
2.22
Book Value per Share
1.06
1.07
1.06
1.14
1.24
1.4
1.58
1.9
2.18
2.33
2.61
2.95
3.26
3.33
3.09
2.89
2.59
Tangible Book Value per Share
1,369
1,460
1,460
1,482
1,503
1,535
1,562
1,540
1,553
1,561
1,569
1,589
1,582
1,592
1,562
1,576
1,624
Basic Weighted Avg Shares
1,249
1,697
1,857
2,159
2,354
2,747
3,321
3,903
4,570
4,664
5,105
6,388
6,954
6,378
6,267
5,382
6,001
Sales/Revenue/Turnover
16.83
15.37
15.34
17.09
18.72
20.37
23.15
24.11
25.13
24.84
24.9
22.31
21.97
23.41
18.76
16.84
18.14
Operating Margin (%)
24
41
56
65
69
75
78
86
93
108
127
138
143
160
172
181
- -
Depreciation Expense
170
219
236
316
388
484
671
821
978
983
1,193
1,223
1,297
1,432
953
741
884
Net Income, GAAP
19.47
20.41
19.5
16.82
14.78
16.21
15.69
14.77
15.95
17.65
13.66
14.68
14.59
15.63
15.93
17.82
16.11
Effective Tax Rate (%)
13.62
12.92
12.7
14.62
16.47
17.64
20.19
21.04
21.41
21.08
23.36
19.15
18.66
22.46
15.2
13.76
14.73
Profit Margin (%)
1,246
1,019
968
1,014
1,063
1,299
1,312
1,807
1,921
2,201
2,278
2,850
3,572
3,593
2,985
2,594
2,348
Working Capital
54
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7
10
12
8
6
8
LT Debt
1,573
1,718
1,772
1,945
2,117
2,393
2,747
3,211
3,657
3,906
4,347
4,935
5,450
5,749
5,235
4,919
4,610
Total Equity
15.78
11.93
12.6
16.35
18.44
20.73
25.15
26.8
27.97
25.16
26.45
25.79
24.65
22.21
17.86
14.64
19.45
Return on Invested Capital (%)
34.06
35.23
35.49
44.06
43.5
42.26
43.84
40.37
37.96
32.18
34.89
32.43
31.29
31.05
20.9
18.11
23.51
Return on Capital (%)
44.5
39.66
37.96
44.36
43.5
42.26
43.84
40.82
38.18
32.4
35.19
32.82
32.34
32.85
21.87
18.41
24.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
15
14
14
LT Borrowings
- -
- -
- -
LT Finance Leases
8
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,592
1,592
1,592
Market Capitalization
19,392
19,443
16,828

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,289
4,310
3,630
Cash, Cash Equivalents & STI
2,534
2,575
2,127
Accounts Receivable, Net
539
475
464
Inventories
951
960
795
Total Current Liabilities
1,304
1,183
1,282
Payables & Accruals
- -
- -
- -
ST Debt
15
14
14
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.81%
2.89%
-6.04%
Free Cash Flow
16.2%
-2.09%
17.15%
Net Income, GAAP
6.51%
-7.34%
-22.24%
Sales/Revenue/Turnover
7.69%
1.97%
-14.12%
Total Cash Common Dividend
16.04%
7.24%
-33.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
997
1,346
1,430
2,494
6,267
2025
895
1,183
2,015
- -
5,382
2026
813
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
- -
- -
- -
0.61
2025
0.07
- -
- -
- -
0.47
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.91
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
- -
Business
Zhejiang Weixing New Building Materials Co., Ltd. (002372.SZ) manufactures and sells plastic pipes and fittings primarily for water supply, drainage, heating, and plumbing applications in China and internationally. The company offers PP-R, PE, polypropylene-random-copolymer, PE-Xb, F-PPR, and PP-R/AL pipes for home decoration water supply, urban water supply, high-temperature radiator heating, building hot and cold-water systems, air conditioning, water treatment, circulating water, and portable water distribution; PE corrugated, PVC-U, and PE pipes for sewerage; PB-R, PE-RT II, PE-RT I, PB, and PE-Xb pipes for heating; plumbing accessories including floor drains, water taps, angle valves, shower sprinklers, and hoses; and system solutions such as HDPE same-floor drainage, floor radiant heating, hot water circulation, SPM drainage, and central hydraulic balance systems, sold under the Vasen, Weixing, annette, and KALE brands. Founded in 1999 and headquartered in Linhai, Zhejiang Province, China, it operates production bases in Zhejiang, Shanghai, Tianjin, Chongqing, Xi'an, and Thailand, with exports to over 40 countries including Europe, Southeast Asia, South America, the Middle East, and Africa. Recent developments include the 2023 acquisition of a 60% stake in Zhejiang Kerui Building Technology Co., Ltd. for CNY 80.8 million to enhance building technology capabilities and a buyout of Fast Flow using its Vasen Singapore unit to bolster drainage design, high-end residential market expansion, and Southeast Asian presence via a new Thailand production base.