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Last $3.13 HKD
Change Today -0.11 / -3.40%
Volume 731.0K
As of 4:01 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

weiqiao textile co ltd-h (2698) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/2/15 - $6.80
52 Week Low
09/2/15 - $3.12
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for WEIQIAO TEXTILE CO LTD-H (2698)

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weiqiao textile co ltd-h (2698) Details

Weiqiao Textile Company Limited, together with its subsidiaries, manufactures, sells, and distributes cotton yarns, grey fabrics, and denims primarily in Mainland China, Southeast Asia, Hong Kong, and East Asia. The company’s products include carded, combed, and open-ended spun cotton yarns; grey fabrics, such as plain fabrics, twill weave fabrics, tribute silk series, jacquard series, and khaki drills; and denims comprising cotton, cotton spandex elasticity, cotton dacron elasticity, cotton and bamboo blend, bamboo joint, cotton regenerated cellulose fibers blend, and other denims. It also produces and sells polyester yarn and related products; imports textile raw materials, machinery, and equipment; and sells textile raw materials and products. The company is based in Zouping County, the People’s Republic of China. Weiqiao Textile Company Limited is a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.

71,000 Employees
Last Reported Date: 08/21/15

weiqiao textile co ltd-h (2698) Top Compensated Officers

Executive Chairman, General Manager, Chairman...
Total Annual Compensation: CNY79.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY61.0K
Executive Director
Total Annual Compensation: CNY60.0K
Company Secretary and Executive Director
Total Annual Compensation: CNY56.0K
Total Annual Compensation: CNY55.0K
Compensation as of Fiscal Year 2014.

weiqiao textile co ltd-h (2698) Key Developments

Weiqiao Textile Co. Ltd. Reports Unaudited Group Earnings Results for the Six Months Ended June 30, 2015

Weiqiao Textile Co. Ltd. reported unaudited group earnings results for the six months ended June 30, 2015. For the six months, the company reported revenue of RMB 4,859,384,000 against RMB 5,972,734,000 for the same period of last year. Profit before tax was RMB 433,206,000 against RMB 301,479,000 for the same period of last year. Profit attributable to owners of the company was RMB 313,510,000 or RMB 0.26 per diluted share against RMB 210,134,000 or RMB 0.18 per diluted share for the same period of last year. Net cash flows from operating activities was RMB 1,858,037,000 against RMB 966,864,000 for the same period of last year. Purchases of items of property, plant and equipment was RMB 37,299,000 against RMB 42,648,000 for the same period of last year.

Weiqiao Textile Co. Ltd. to Report First Half, 2015 Results on Aug 21, 2015

Weiqiao Textile Co. Ltd. announced that they will report first half, 2015 results on Aug 21, 2015

Weiqiao Textile Co. Ltd., Board Meeting, Aug 21, 2015

Weiqiao Textile Co. Ltd., Board Meeting, Aug 21, 2015. Agenda: To consider and approve the unaudited interim results of the company and its subsidiaries for the six months ended 30 June 2015; and to recommend the payment of an interim dividend (if any).


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Valuation 2698 Industry Range
Price/Earnings 7.3x
Price/Sales 0.3x
Price/Book 0.2x
Price/Cash Flow 7.3x
TEV/Sales NM Not Meaningful

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