Weichai Power Co., Ltd.
WEICY
Other OTC11.26
USD
+0.14
- -
Return %
Stock
S&P500
1Y
1.81
26.53
3Y
-33.02
76.60
5Y
29.43
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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FRC
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in mil. unless spec.- CEO
- Decheng Wang
- Full Time Employees
- 87,591
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 197, Section A, Fu Shou East Street Weifang People's Republic of China 261061
- IPO Date
- Aug 19, 2010
- Website
- weichaipower.com
- Similar Companies
- Business
- Weichai Power Co., Ltd. (WEICY) manufactures and sells diesel engines, powertrain systems, commercial vehicles, construction machinery, and related components worldwide. The company produces high-speed light-duty, medium-duty, and heavy-duty engines; medium- and low-speed diesel engines; transmissions including Fast Gear; axles such as Hande; hydraulic products like Linder Hydraulics; automotive electronics; spark plugs via Torch; forklifts through KION Group; marine engines from Baudouin; and new energy solutions encompassing fuel cells, hybrid power, and electric systems, serving markets in trucks, buses, agriculture, marine propulsion, power generation, data centers, and intelligent logistics. Subsidiaries and brands operate across Europe, North America, Asia, and other regions, with products exported to over 150 countries; heavy-duty engine and transmission sales rank first globally, while industrial forklifts lead worldwide and agricultural equipment tops China. Founded in 2002 and headquartered in Weifang, Shandong Province, China, Weichai lists on the Hong Kong Stock Exchange (HK:2338) and Shenzhen Stock Exchange (SZ:000338). In recent developments, the company signed a manufacturing license agreement with Ceres Power in 2025 to produce solid oxide fuel cell stacks for stationary power in AI data centers and industrial applications; demonstrated the world's most efficient diesel engine at 53.09% thermal efficiency in 2024; expanded partnerships including with Bosch for high-efficiency engines and BYD for electric vehicle technology; and reported 2024 operating income of 215.69 billion yuan with net profit of 11.4 billion yuan amid robust engine export growth.