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    Producer manufacturing

  3. •

    Miscellaneous manufacturing
Zhejiang Weixing Industrial Development Co., Ltd. Class A

Zhejiang Weixing Industrial Development Co., Ltd. Class A

SSZSE:002003
11.69
CNY
+0.08
(+0.69%)
0.66EPS
12.81P/E
10.01BMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.99
2.07
2.1
2.35
2.71
2.76
2.82
2.52
3.37
3.56
3.71
4
4.1
4.58
Basic EPS, GAAP
0.24
0.26
0.28
0.32
0.38
0.32
0.3
0.4
0.45
0.48
0.53
0.6
0.55
0.66
Free Cash Flow per Basic Share
0.24
0.25
0.25
0.19
0.16
0.15
0.24
0.28
0.19
0.06
0.02
0.28
0.22
- -
Dividend per Share
0.17
0.24
0.23
0.22
0.24
0.31
0.29
0.32
0.32
0.41
0.38
0.68
0.43
0.86
Book Value per Share
1.95
1.99
2.06
2.24
2.43
2.4
2.45
2.5
2.6
2.79
3.72
3.73
3.84
3.81
Tangible Book Value per Share
1.76
1.81
1.88
1.92
2.09
2.09
2.1
2.18
2.3
2.43
3.39
3.38
3.42
3.4
Basic Weighted Avg Shares
890
894
892
925
967
984
969
991
997
1,018
1,053
1,167
1,172
1,131
Sales/Revenue/Turnover
1,772
1,849
1,874
2,174
2,624
2,712
2,732
2,496
3,356
3,628
3,907
4,674
4,800
5,186
Operating Margin (%)
16.98
16.84
16.77
19.36
19.78
16.37
13.22
15.27
16.64
15.64
16.9
18.11
17.41
18.71
Depreciation Expense
104
107
110
115
118
131
146
169
193
226
244
289
328
- -
Net Income, GAAP
209
236
248
295
365
310
291
396
449
489
558
700
645
743
Effective Tax Rate (%)
26.13
23.75
21.69
23.76
16.19
18.05
17.67
13.83
13.65
16.06
16.37
16.53
16.89
14.52
Profit Margin (%)
11.81
12.77
13.21
13.59
13.89
11.44
10.64
15.88
13.37
13.47
14.29
14.98
13.43
14.34
Working Capital
534
608
652
878
940
798
658
812
596
423
1,344
855
682
757
LT Debt
- -
- -
- -
- -
8
31
26
15
38
219
131
14
3
17
Total Equity
1,760
1,809
1,867
2,259
2,491
2,463
2,536
2,591
2,733
2,932
4,382
4,400
4,612
4,587
Return on Invested Capital (%)
11.71
12.77
13.32
15.04
17.24
12.85
10.33
13.78
15.03
14.02
12.58
13.73
11.91
12.97
Return on Capital (%)
12.02
13.34
13.42
13.48
13.57
11.77
11.18
14.26
15.62
14.71
13.22
13.97
12.24
13.31
Return on Common Equity (%)
12.38
13.41
13.64
14.57
15.82
13.02
12.15
16.05
17.22
17.49
15.41
16.09
14.46
16.51

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,027
1,152
1,333
LT Borrowings
- -
- -
- -
LT Finance Leases
3
13
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,189
1,189
1,189
Market Capitalization
12,602
11,711
10,010

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,727
2,888
3,083
Cash, Cash Equivalents & STI
1,216
1,268
1,215
Accounts Receivable, Net
556
549
781
Inventories
728
821
862
Total Current Liabilities
2,045
1,997
2,327
Payables & Accruals
- -
- -
- -
ST Debt
1,027
1,152
1,333
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.27%
13.49%
4.83%
Free Cash Flow
172.39%
336.53%
-18.8%
Net Income, GAAP
11.17%
10.77%
-7.96%
Sales/Revenue/Turnover
10.48%
14.52%
2.69%
Total Cash Common Dividend
13.72%
17.75%
-36.91%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
801
1,496
1,284
1,094
4,674
2025
979
1,359
- -
1,168
4,800
2026
1,040
1,619
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.3
0.18
0.07
0.6
2025
0.09
0.23
- -
0.06
0.55
2026
0.08
0.27
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.47
0.22
0.01
0.68
2025
- -
0.31
- -
0.12
0.43
2026
0.01
0.41
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yang Zheng
Full Time Employees
10,038
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
No.8 South Qian Jiang road Taizhou ZH China 317000
IPO Date
Jun 25, 2004
Website
weixing.cn
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Business
Zhejiang Weixing Industrial Development Co., Ltd. (002003.SZ) manufactures and sells a wide range of plastic products, primarily focusing on zippers, buttons, and related fasteners for the apparel and textile industries; its core offerings include nylon zippers, metal zippers, invisible zippers, and resin zippers under the Weixing brand, alongside buttons, stoppers, sliders, and pullers made from engineering plastics. The company also produces plastic functional materials, precision molds, textile accessories, and downstream products such as decorative fasteners and smart clothing components. Founded in 1992 and headquartered in Jiaxing, Zhejiang Province, China, Weixing operates primarily in China with distribution networks extending to over 50 countries across Asia, Europe, North America, and other regions, serving major apparel brands, garment manufacturers, and textile companies as its key customer base. In the industrial fasteners segment, the company emphasizes innovation through its research and development of eco-friendly materials and automated production technologies. It maintains subsidiaries focused on mold design, plastic compounding, and international trade to support its integrated supply chain. Weixing competes in the broader textile hardware and plastic products industry, positioning itself as a leader in high-quality, customizable fastening solutions. Recent developments include the launch of new smart zipper products integrated with RFID technology for anti-counterfeiting and traceability in 2024, enhancing its offerings for luxury apparel markets [ from prior]. The company completed a strategic acquisition of a precision mold subsidiary in early 2025 to bolster its manufacturing capabilities amid expanding demand for sustainable fasteners [ from prior]. Additionally, Weixing announced a partnership with international textile giants for co-developing biodegradable zipper materials in late 2024, aligning with global ESG trends and supporting business expansion into eco-conscious segments [ from prior].