Weichai Power Co., Ltd. Class A
3.15
USD
-0.03
(-1.10%)
ISIN
CNE1000004L9
Return %
Stock
S&P 500
1Y
70.27
14.20
3Y
142.31
81.12
5Y
70.27
68.34
Capital Structure
CNY
•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
•
in mil. unless spec.Quarterly Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Decheng Wang
- Full Time Employees
- 101,440
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- 197, Section A, Fu Shou East Street Weifang SD China 261061
- IPO Date
- Mar 11, 2004
- Website
- weichaipower.com
- Similar Companies
- Business
- Weichai Power Co., Ltd. specializes in the research, development, manufacturing, and sales of powertrain systems, complete vehicles, and intelligent industrial equipment. The company's core product portfolio includes diesel engines for trucks, buses, construction machinery, agricultural equipment, and industrial equipment; gearboxes including transmission, PTO, and auto transmission products; axles for heavy-duty vehicles; hydraulic components; commercial vehicles; automotive electronics; and forklift trucks. It also offers new energy products such as electric direct drive systems, electric gearbox power systems, electric drive axles, hybrid power systems, power batteries, and range-extender systems. Weichai operates globally with its product lines marketed mainly under its flagship brands including Weichai Power Engine, Fast Gear, Hande Axle, Shacman Heavy Truck, and Linder Hydraulics. The company targets customers in heavy-duty vehicle manufacturing, construction, agriculture, industrial logistics, and new energy sectors. Founded in 2002, Weichai Power is headquartered in Weifang, China. In the last one to two years, Weichai Power has made significant advances in new energy and clean power technologies. In 2024, it released the world's first diesel engine with a base engine brake thermal efficiency of 53.09%, setting new industry benchmarks in fuel efficiency. The company launched full-series new energy power batteries specifically designed for construction machinery including loaders, excavators, and mining trucks; these batteries feature enhanced safety, long lifespan, high integration, rapid startup, and ultra-low energy consumption, supporting the industry-wide transition toward low-carbon solutions. Weichai also introduced a comprehensive range of hydraulic powertrains and hybrid solutions targeting non-road power applications, emphasizing efficiency, environmental friendliness, and operator comfort. In strategic developments, Weichai Power signed a manufacturing license agreement with Ceres Power Holdings in November 2025 to produce solid oxide fuel cell technology, bolstering its footprint in hydrogen and fuel cell power systems. Additionally, in September 2025, Weichai entered a strategic cooperation agreement with Kion Group, a European industrial vehicle manufacturer, to deepen collaborative industrial development. The company's overseas business has grown substantially, accounting for roughly 46% of total revenue, with significant profitability from international investments and acquisitions. Weichai maintains a strategy focused on technological innovation, global industrial layout expansion, and integration across powertrain and vehicle systems to sustain growth and competitiveness in both traditional and new energy markets.