2698.HK
Weiqiao Textile Company Limited [2698.HK] Stock Forecast
Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
RSI : 000
2698.HK Stock Summary
In the News
2698.HK Financial details
Company Rating
Sell
Market Cap
4.17B
Income
-2.03B
Revenue
33.29B
Book val./share
14.07
Cash/share
8.46
Dividend
-
Dividend %
-
Employees
39K
Optionable
No
Shortable
Yes
Earnings
25 Mar 2024
P/E
-2.37
Forward P/E
-
PEG
0.05
P/S
0.22
P/B
0.21
P/C
0.41
P/FCF
-1.64
Quick Ratio
1.49
Current Ratio
2.11
Debt / Equity
0.29
LT Debt / Equity
0.03
-
-
EPS (TTM)
-1.69
EPS next Y
-
EPS next Q
-
EPS this Y
-354.9%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
0.14%
Revenue Q/Q
-3.98%
EPS Q/Q
-44.74%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-
Inst Own
0%
Inst Trans
0%
ROA
-6%
ROE
-9%
ROC
-0.08%
Gross Margin
-6%
Oper. Margin
-8%
Profit Margin
-9%
Payout
-14%
Shs Outstand
-
Shs Float
-
-
-
-
-
Target Price
-
52W Range
1.02-3.49
52W High
+16.33%
52W Low
+249%
RSI
81
Rel Volume
2.25
Avg Volume
2.21M
Volume
4.98M
Perf Week
0.29%
Perf Month
1.75%
Perf Quarter
-
Perf Half Y
145.77%
-
-
-
-
Beta
1.085
-
-
Volatility
0%, 0.02%
Prev Close
0%
Price
3.49
Change
0.29%
2698.HK Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 13.78 | 12.7 | 10.67 | 13.62 | 13.88 | |
| Net income per share | 0.54 | 0.18 | 0.17 | 0.51 | -1.3 | |
| Operating cash flow per share | 1.67 | 1.54 | 1.2 | 0.13 | -1.11 | |
| Free cash flow per share | 1.53 | 1.1 | 1.16 | 0.06 | -1.89 | |
| Cash per share | 8.03 | 8.27 | 9.43 | 9.68 | 9.55 | |
| Book value per share | 15.4 | 15.42 | 15.53 | 15.98 | 14.49 | |
| Tangible book value per share | 15.41 | 15.43 | 15.53 | 15.99 | 14.5 | |
| Share holders equity per share | 15.4 | 15.42 | 15.53 | 15.98 | 14.49 | |
| Interest debt per share | 2.73 | 1.95 | 2.04 | 2.42 | 4.16 | |
| Market cap | 2.78B | 2.41B | 1.69B | 2.55B | 1.69B | |
| Enterprise value | -3.93B | -5.28B | -7.25B | -6.2B | -4.87B | |
| P/E ratio | 4.31 | 11.04 | 8.24 | 4.16 | -1.08 | |
| Price to sales ratio | 0.17 | 0.16 | 0.13 | 0.16 | 0.1 | |
| POCF ratio | 1.39 | 1.31 | 1.18 | 16.07 | -1.27 | |
| PFCF ratio | 1.52 | 1.84 | 1.22 | 33.92 | -0.75 | |
| P/B Ratio | 0.15 | 0.13 | 0.09 | 0.13 | 0.1 | |
| PTB ratio | 0.15 | 0.13 | 0.09 | 0.13 | 0.1 | |
| EV to sales | -0.24 | -0.35 | -0.57 | -0.38 | -0.29 | |
| Enterprise value over EBITDA | -1.65 | -3.47 | -5.33 | -4.29 | 5.22 | |
| EV to operating cash flow | -1.97 | -2.86 | -5.08 | -39.03 | 3.66 | |
| EV to free cash flow | -2.15 | -4.04 | -5.24 | -82.37 | 2.16 | |
| Earnings yield | 0.23 | 0.09 | 0.12 | 0.24 | -0.92 | |
| Free cash flow yield | 0.66 | 0.54 | 0.82 | 0.03 | -1.34 | |
| Debt to equity | 0.16 | 0.12 | 0.13 | 0.15 | 0.28 | |
| Debt to assets | 0.12 | 0.09 | 0.09 | 0.11 | 0.19 | |
| Net debt to EBITDA | -2.82 | -5.05 | -6.57 | -6.05 | 7.03 | |
| Current ratio | 2.12 | 2.31 | 2.5 | 2.92 | 2.11 | |
| Interest coverage | 3.39 | 3.67 | 4.65 | 6.26 | -11.41 | |
| Income quality | 1.95 | 3.4 | 3.06 | 0.25 | 0.9 | |
| Dividend Yield | 0.06 | 0.08 | 0.05 | 0.03 | 0.13 | |
| Payout ratio | 0.28 | 0.91 | 0.37 | 0.12 | -0.14 | |
| Sales general and administrative to revenue | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | |
| Research and developement to revenue | 0 | 0.01 | 0.03 | 0.04 | 0.03 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | -0.08 | -0.29 | -0.03 | -0.53 | 0.7 | |
| Capex to revenue | -0.01 | -0.04 | 0 | -0.01 | -0.06 | |
| Capex to depreciation | -0.15 | -0.53 | -0.05 | -0.11 | -1.27 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 13.67 | 7.96 | 7.74 | 13.6 | 20.62 | |
| ROIC | 0.04 | 0.01 | 0.01 | 0.03 | -0.08 | |
| Return on tangible assets | 0.03 | 0.01 | 0.01 | 0.02 | -0.06 | |
| Graham Net | 4.15 | 4.66 | 5.68 | 6.14 | 4.15 | |
| Working capital | 7.16B | 7.6B | 8.61B | 10.45B | 8.48B | |
| Tangible asset value | 18.41B | 18.43B | 18.55B | 19.09B | 17.32B | |
| Net current asset value | 6.99B | 7.39B | 8.43B | 9.78B | 7.96B | |
| Invested capital | 0.16 | 0.12 | 0.13 | 0.15 | 0.28 | |
| Average receivables | 416.29M | 416.92M | 377.42M | 445.11M | 411.82M | |
| Average payables | 1.1B | 1.3B | 1.21B | 1.08B | 1.04B | |
| Average inventory | 2.89B | 2.96B | 2.56B | 2.66B | 3.02B | |
| Days sales outstanding | 9.57 | 9.68 | 10.1 | 12.07 | 6.3 | |
| Days payables outstanding | 30.44 | 35.24 | 32.56 | 27.29 | 20.1 | |
| Days of inventory on hand | 78.3 | 71.06 | 72.75 | 72.46 | 63.54 | |
| Receivables turnover | 38.12 | 37.71 | 36.14 | 30.25 | 57.93 | |
| Payables turnover | 11.99 | 10.36 | 11.21 | 13.38 | 18.16 | |
| Inventory turnover | 4.66 | 5.14 | 5.02 | 5.04 | 5.74 | |
| ROE | 0.04 | 0.01 | 0.01 | 0.03 | -0.09 | |
| Capex per share | -0.14 | -0.45 | -0.04 | -0.07 | -0.78 |
Quarterly Fundamentals Overview
Last date of statement is 2023-06-30 for Q2
| Metric | History | 2021-06-30 | 2021-12-31 | 2022-06-30 | 2022-12-31 | 2023-06-30 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 6.28 | 7.34 | 6.94 | 6.93 | 6.66 | |
| Net income per share | 0.49 | 0.03 | -0.54 | -0.76 | -0.42 | |
| Operating cash flow per share | 0.34 | -0.21 | -0.54 | -0.57 | -1.15 | |
| Free cash flow per share | 0.3 | -0.24 | -0.76 | -1.13 | -1.41 | |
| Cash per share | 9.96 | 9.68 | 9.03 | 9.55 | 8.46 | |
| Book value per share | 15.95 | 15.98 | 15.25 | 14.49 | 14.07 | |
| Tangible book value per share | 15.96 | 15.99 | 15.26 | 14.5 | 14.07 | |
| Share holders equity per share | 15.95 | 15.98 | 15.25 | 14.49 | 14.07 | |
| Interest debt per share | 2.06 | 2.32 | 2.31 | 4.04 | 4.08 | |
| Market cap | 2.53B | 2.55B | 1.9B | 1.69B | 1.78B | |
| Enterprise value | -6.9B | -6.2B | -6.1B | -4.87B | -3.44B | |
| P/E ratio | 1.08 | 20.51 | -0.73 | -0.46 | -0.88 | |
| Price to sales ratio | 0.34 | 0.29 | 0.23 | 0.2 | 0.22 | |
| POCF ratio | 6.2 | -10.27 | -2.95 | -2.46 | -1.29 | |
| PFCF ratio | 6.95 | -8.86 | -2.1 | -1.25 | -1.06 | |
| P/B Ratio | 0.13 | 0.13 | 0.1 | 0.1 | 0.11 | |
| PTB ratio | 0.13 | 0.13 | 0.1 | 0.1 | 0.11 | |
| EV to sales | -0.92 | -0.71 | -0.74 | -0.59 | -0.43 | |
| Enterprise value over EBITDA | -6.89 | -13.94 | 16.44 | 8.66 | -29.14 | |
| EV to operating cash flow | -16.93 | 24.94 | 9.5 | 7.09 | 2.5 | |
| EV to free cash flow | -18.99 | 21.53 | 6.75 | 3.6 | 2.05 | |
| Earnings yield | 0.23 | 0.01 | -0.34 | -0.54 | -0.28 | |
| Free cash flow yield | 0.14 | -0.11 | -0.48 | -0.8 | -0.94 | |
| Debt to equity | 0.13 | 0.15 | 0.15 | 0.28 | 0.29 | |
| Debt to assets | 0.1 | 0.11 | 0.11 | 0.19 | 0.2 | |
| Net debt to EBITDA | -9.42 | -19.68 | 21.55 | 11.67 | -44.21 | |
| Current ratio | 2.76 | 2.92 | 2.53 | 2.11 | 2.21 | |
| Interest coverage | 0 | 0 | 0 | 0 | 0 | |
| Income quality | 0.7 | -7.99 | 0.99 | 0.76 | 2.73 | |
| Dividend Yield | 0.03 | 0 | 0.11 | 0 | 0 | |
| Payout ratio | 0.12 | 0 | -0.33 | 0 | 0 | |
| Sales general and administrative to revenue | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | |
| Research and developement to revenue | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | -0.11 | 0.16 | 0.41 | 0.97 | 0.22 | |
| Capex to revenue | -0.01 | 0 | -0.03 | -0.08 | -0.04 | |
| Capex to depreciation | -0.12 | -0.11 | -0.72 | -1.81 | -0.82 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 13.24 | 3.06 | 13.67 | 15.74 | 11.56 | |
| ROIC | 0.03 | -0.01 | -0.03 | -0.05 | -0.01 | |
| Return on tangible assets | 0.02 | 0 | -0.03 | -0.04 | -0.02 | |
| Graham Net | 6.57 | 6.14 | 5.42 | 4.15 | 3.7 | |
| Working capital | 9.58B | 10.45B | 9.45B | 8.48B | 8.34B | |
| Tangible asset value | 19.06B | 19.09B | 18.23B | 17.32B | 16.81B | |
| Net current asset value | 9.42B | 9.78B | 9.01B | 7.96B | 7.76B | |
| Invested capital | 0.13 | 0.15 | 0.15 | 0.28 | 0.29 | |
| Average receivables | 0 | 0 | 0 | 0 | 0 | |
| Average payables | 0 | 0 | 0 | 0 | 0 | |
| Average inventory | 0 | 0 | 0 | 0 | 0 | |
| Days sales outstanding | 6.16 | 5.52 | 5.61 | 3.11 | 2.95 | |
| Days payables outstanding | 9.75 | 12.07 | 12.67 | 9.82 | 7.88 | |
| Days of inventory on hand | 32.01 | 32.04 | 40.04 | 31.04 | 35.99 | |
| Receivables turnover | 14.62 | 16.3 | 16.03 | 28.95 | 30.52 | |
| Payables turnover | 9.23 | 7.46 | 7.1 | 9.17 | 11.42 | |
| Inventory turnover | 2.81 | 2.81 | 2.25 | 2.9 | 2.5 | |
| ROE | 0.03 | 0 | -0.04 | -0.05 | -0.03 | |
| Capex per share | -0.04 | -0.03 | -0.22 | -0.56 | -0.25 |
2698.HK Frequently Asked Questions
What is Weiqiao Textile Company Limited stock symbol ?
Weiqiao Textile Company Limited is a CN stock and trading under the symbol 2698.HK
What is Weiqiao Textile Company Limited stock quote today ?
Weiqiao Textile Company Limited stock price is $3.49 today.
Is Weiqiao Textile Company Limited stock public?
Yes, Weiqiao Textile Company Limited is a publicly traded company.
Company Profile
- Volume Average 2.21M
- Market Capitalization 4.17B
- Employee 39K
- CEO Mr. Jiakun Wei
- Headquarters Zouping,CN
- IPO Date 2003-09-24
-
Website
https://www.wqfz.com 
Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. The company operates through Textile Products, and Electricity and Steam segments. It also produces and sells polyester yarn and related products; and trades in textile raw materials and products. In addition, the company is involved in the generation and sale of electricity and steam. As of December 31, 2021, it had an installed capacity of 2,760 megawatts of thermal power assets. The company was incorporated in 1999 and is based in Zouping, the People's Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.
