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Weichai Power Co Ltd Class H (HK:2338)
HKEX:2338
Holding HK:2338?
Track your performance easily
2338 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$10.60 - HK$17.50
Previous CloseHK$11.64
Volume8.32M
Average Volume (3M)15.51M
Market Cap
HK$123.66B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)8.5
Beta0.86
Next Earnings
Apr 01, 2025EPS Estimate
HK$0.29Last Dividend Ex-Date
Sep 20, 2024Dividend Yield6.3%
Share Statistics
EPS (TTM)1.36
Shares OutstandingN/A
10 Day Avg. Volume12,821,568
30 Day Avg. Volume15,506,521
Standard Deviation0.13
R-Squared0.34
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$17.98Price Target Upside54.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Weichai Power Co News
PremiumCompany Announcements
Weichai Power’s Stake in Shandong Finance Reduced
PremiumCompany Announcements
Weichai Power Co. Announces CFO Transition
PremiumCompany Announcements
Weichai Power Reports Mixed Earnings Amidst Growth
PremiumCompany Announcements
Weichai Power’s Q3 2024 Report Highlights Transparency
PremiumCompany Announcements
Weichai Power Co. Schedules Key Shareholder MeetingPremiumCompany Announcements
Weichai Power to Review Nine-Month Financial Results
PremiumCompany Announcements
Weichai Power Delays Shareholder Circular DispatchPremiumCompany Announcements
Weichai Power Co. Schedules 2024 Dividend DatesBulls Say, Bears Say
Bulls Say
Market DominanceWeichai enjoys over half of the market share in China's LNG HDT engine industry.
Strategic TimingA better entry point is anticipated after the upcoming announcement of third-quarter results.
Valuation And RatingThe valuation is not considered excessive even under the new earnings forecast, maintaining a BUY rating.
Bears Say
Business RisksPotential risks include weakness in engine exports and a lower-than-expected demand for replacements in China.
Financial PerformanceProfit growth is anticipated to slow dramatically from 51% in the first half of the year to just 7% in the second half and 2% in the subsequent year.
Market ConditionsChina's LNG heavy-duty truck sales saw a significant decline, with sales dropping by 62% compared to the previous year due to a narrowing oil-to-gas price gap.
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Options Prices
Currently, No data available
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Ownership Overview
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Insiders
11.51% Mutual Funds
0.18% Other Institutional Investors
81.19% Public Companies and
Individual Investors
2338 FAQ
What was Weichai Power Co Ltd Class H’s price range in the past 12 months?
Weichai Power Co Ltd Class H lowest stock price was HK$10.60 and its highest was HK$17.50 in the past 12 months.
What is Weichai Power Co Ltd Class H’s market cap?
Currently, no data Available
When is Weichai Power Co Ltd Class H’s upcoming earnings report date?
Weichai Power Co Ltd Class H’s upcoming earnings report date is Apr 01, 2025 which is in 130 days.
How were Weichai Power Co Ltd Class H’s earnings last quarter?
Weichai Power Co Ltd Class H released its earnings results on Oct 30, 2024. The company reported HK$0.312 earnings per share for the quarter, beating the consensus estimate of HK$0.303 by HK$0.009.
Is Weichai Power Co Ltd Class H overvalued?
According to Wall Street analysts Weichai Power Co Ltd Class H’s price is currently Undervalued.
Does Weichai Power Co Ltd Class H pay dividends?
Weichai Power Co Ltd Class H pays a Annually dividend of HK$0.41 which represents an annual dividend yield of 6.3%. See more information on Weichai Power Co Ltd Class H dividends here
What is Weichai Power Co Ltd Class H’s EPS estimate?
Weichai Power Co Ltd Class H’s EPS estimate is HK$0.29.
How many shares outstanding does Weichai Power Co Ltd Class H have?
Weichai Power Co Ltd Class H has 1,943,040,000 shares outstanding.
What happened to Weichai Power Co Ltd Class H’s price movement after its last earnings report?
Weichai Power Co Ltd Class H reported an EPS of HK$0.312 in its last earnings report, beating expectations of HK$0.303. Following the earnings report the stock price went down -1%.
Which hedge fund is a major shareholder of Weichai Power Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:2338
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Weichai Power Co Stock Smart Score
Unlock Smart Score
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.80%
12-Months-Change
Fundamentals
Return on Equity
13.22%
Trailing 12-Months
Asset Growth
10.05%
Trailing 12-Months
Company Description
Weichai Power Co Ltd Class H
Weichai Power Co. Ltd. engages in the research and development, manufacture, and sale of diesel engines. It operates through the following business segments: Diesel Engines; Automobiles and Other Major Automobile Components; Other Components; Import & Export Services; and Forklift Trucks and Supply Chain Solution. The Diesel Engines segment manufacture and sell diesel engines and related parts. The Automobiles and Other Major Automobile Components segment manufactures and sell automobiles parts other than diesel engines. The Other Components segment manufacture and sell other automobile components. The Import & Export Services segment provides import and export services. The Forklift Trucks and Supply Chain Solutions segment is the production, warehousing technology and supply chain solutions services of forklift trucks. The company was founded on December 23, 2002 and is headquartered in Weifang, China.
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2338 Stock 12 Month Forecast
Average Price Target
HK$17.98
▲(54.45% Upside)
Technical Analysis
Weichai Power Co
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Cummins
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Caterpillar
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Westinghouse Air Brake Technologies
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Deere
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Best Analysts Covering 2338
1 Year
1 Year Success Rate
2/7 ratings generated profit
1 Year Average Return
-5.64%
reiterated a buy rating last month
Copying Wayne Fung's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -5.64% per trade.
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