Zhejiang Weixing Intelligent Meter Stock Co., Ltd. Class A

Zhejiang Weixing Intelligent Meter Stock Co., Ltd. Class A

SSZSE:002849
16.32
CNY
+0.24
(+1.49%)
0.30EPS
67.17P/E
3.73BMarket Cap
Oct 27Next Earn
Zhejiang Weixing Intelligent Meter Stock Co., Ltd. Class A
SZSE:002849
(Shenzhen Stock Exchange)

Recent

price

16.32

P/E

ratio

67.17

div

yld

0.35%

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.24
1.61
2.27
1.99
2.84
2.83
4.29
5.89
6.54
6.14
4.81
5.49
5.79
7.35
7.52
Revenue per Share
0.16
0.26
0.32
0.26
0.38
0.3
0.34
0.36
0.46
0.28
0.3
0.15
0.15
0.24
0.25
Basic EPS, GAAP
- -
- -
0.03
0.01
0.06
-0.15
- -
-0.37
0.2
-0.03
-0.61
0.82
0.14
0.41
- -
Free Cash Flow per Basic Share
0.05
0.05
0.1
- -
0.06
0.05
0.06
0.05
0.07
0.07
0.06
0.05
0.18
0.06
0.06
Dividend per Share
0.92
1.2
1.45
1.71
2.03
3.02
3.26
3.68
4.14
4.42
5.64
5.77
5.91
6.12
6.3
Book Value per Share
0.9
1.18
1.44
1.59
1.92
2.93
3.1
3.51
3.98
4.26
5.51
5.65
5.78
5.97
6.12
Tangible Book Value per Share
81
90
96
136
137
177
184
182
183
187
198
226
224
225
218
Basic Weighted Avg Shares
101
145
218
270
390
502
789
1,074
1,198
1,145
953
1,244
1,297
1,653
1,644
Sales/Revenue/Turnover
9.61
12.58
11.55
10.34
10.79
11.71
12.89
11.94
11.53
7.32
4.51
7.23
8.72
5.72
4.74
Operating Margin (%)
- -
- -
4
5
6
6
11
15
16
16
26
25
25
35
- -
Depreciation Expense
13
24
31
35
52
53
63
65
84
52
59
34
34
54
55
Net Income, GAAP
14.46
15
14.4
15.1
14.5
14.22
17.98
22.31
17.18
15.98
10.35
17.37
14.2
18.84
15.49
Effective Tax Rate (%)
13.02
16.29
14.04
13.17
13.39
10.61
7.99
6.07
6.99
4.54
6.24
2.73
2.59
3.26
3.35
Profit Margin (%)
65
81
158
173
181
420
457
518
567
522
939
861
849
797
834
Working Capital
- -
- -
- -
- -
- -
- -
- -
36
52
57
125
116
65
29
28
LT Debt
88
114
198
234
278
555
632
736
833
893
1,282
1,307
1,354
1,424
1,480
Total Equity
- -
14.01
12.91
10.44
13.16
12.22
12.79
12.44
11.89
6.45
5.59
3.16
3.45
4.69
4.19
Return on Invested Capital (%)
- -
22.51
18.92
15.87
19.64
12.58
8.14
5.35
7.26
4.42
4.79
1.98
1.56
2.75
2.94
Return on Capital (%)
- -
23.36
19.56
16.45
20.44
12.85
10.91
10.13
11.56
6.55
5.76
2.7
2.61
4.06
4.04
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
129
139
139
LT Borrowings
- -
- -
- -
LT Finance Leases
29
30
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
221
221
221
Market Capitalization
3,508
3,651
3,733

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,136
2,092
2,190
Cash, Cash Equivalents & STI
613
587
585
Accounts Receivable, Net
718
835
868
Inventories
506
454
491
Total Current Liabilities
1,339
1,256
1,356
Payables & Accruals
- -
- -
- -
ST Debt
129
139
139
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.39%
12.29%
5.2%
Free Cash Flow
-657.63%
370.99%
194.49%
Net Income, GAAP
9.24%
-1.4%
60.41%
Sales/Revenue/Turnover
21.93%
8.21%
27.41%
Total Cash Common Dividend
230.12%
35.66%
-67.59%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
323
352
303
319
1,297
2025
365
429
- -
362
1,653
2026
430
423
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.06
0.12
-0.15
0.15
2025
0.12
0.11
- -
-0.08
0.24
2026
0.12
0.1
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.05
0.01
0.01
0.18
2025
-0.05
0.05
- -
0.01
0.06
2026
- -
- -
- -
- -
- -
Business
Zhejiang Viewshine Intelligent Meter Co., Ltd. (002849.SZ) engages principally in the research, development, production, sales, and service of smart metering terminals and intelligent gas and water management system platforms in China and internationally; the company offers residential and commercial ultrasonic gas and water meters, diaphragm gas meters, industrial RTU IoT products, industrial NB-IoT and GPRS gas meters, IC card smart gas meters, remote transmitting gas meters including wired, wireless, and IoT variants, electronic gas meters such as ultrasonic and sonic models, gas and water cloud software solutions including the Viewshine Enhanced Metering and Reading Cloud system for smart reading and management, and auxiliary devices comprising valve controllers, concentrators, gateways, handheld units (HHUs), and repeaters. Founded in 2005 and headquartered in Hangzhou, Zhejiang Province, at Building 1, No. 366-1 Xiangyun Road, Yuhang District, the company serves utilities, residential, commercial, and industrial customers primarily in East China and South China with three core product platforms encompassing intelligent terminals, metering instruments, and software solutions. Recent developments include revenue growth to 1.30 billion renminbi in 2024, a 4.32% increase year-over-year driven by 15.41% growth in electronic gas meters, approval of a final cash dividend for 2024 payable June 23, 2025, and earnings results reported for the half-year ended June 30, 2025, alongside continued recognition such as the 2025 5th Gas Safety Innovation Achievement Award and participation in industry exhibitions like the Shanghai International Metrology Expo in 2023.