Weichai Power (000338) Stock Price, Fundamentals & Analysis

What 000338 does

Weichai Power (000338) is a Shenzhen Stock Exchange-listed company in the Consumer Cyclical sector, specifically Auto Manufacturers, headquartered in Weifang, China. It designs and manufactures engines for trucks, buses, construction machinery, and agricultural tractors and harvesters, along with energy and power solutions such as generator sets and industrial power products. The company also produces transmission, PTO, and auto transmission products; axles for trucks, buses, and construction machinery; and hydraulics including variable displacement pumps and electronic units. In addition, Weichai Power offers new energy products like pure electric drive, hybrid power, power battery, and range-extender systems, as well as commercial vehicles, auto parts, and after-market products. It also operates in forklift production, warehouse technology, and supply chain solution services.

Key numbers explained

• Weichai Power trades at 25.3 CNY, which is the latest reported price per share.
• The trailing P/E ratio of 16.9 shows how much investors pay for each unit of the company's last 12 months' earnings; a lower P/E ratio can suggest a stock is cheaper relative to its earnings, but it must be compared with peers and growth expectations.
• The forward P/E ratio of 10.4 uses expected future earnings and can give a sense of whether the market is pricing in growth or decline.
• The dividend yield of 2.96% represents the annual dividend payment as a percentage of the share price; it is a common way to measure income return for shareholders.
• The ex-dividend date of 13 aug. 2026 is the cut-off date; buyers on or after this date do not receive the next dividend payment.
• 47% of earnings are paid out as dividends, which indicates the proportion of profit returned to shareholders rather than retained for reinvestment.
• The beta of 1.61 suggests the stock tends to move more than the overall market; a beta above 1 means higher volatility.
• The 52-week range of 13,65 – 36,34 shows the lowest and highest prices over the past year, helping to frame the current price of 25.3 CNY.
• The price change over the last 52 weeks of 81.6% reflects the total return from one year ago to today.
• Revenue, trailing 12 months, stands at 241,82 mld. CNY, with a year-over-year growth rate of 8.8%.
• The profit margin of 5.4% and operating margin of 7.8% show how much of each revenue yuan turns into net profit and operating profit, respectively.
• Return on equity of 12.7% measures how effectively the company generates profit from shareholders' equity.
• The debt-to-equity ratio of 46 indicates the level of debt relative to equity; a lower figure often suggests a more conservative capital structure.
• Price-to-book of 2.28 compares the market price to the company's book value per share.

What to watch

• Sector dynamics: as an Auto Manufacturers company, Weichai Power is exposed to consumer spending cycles, commodity costs, and regulatory changes related to emissions and new energy vehicles.
• Earnings and margins: changes in profit margin and operating margin can signal pricing power or cost pressures.
• Dividend policy: the dividend yield and the share of earnings paid out as dividends (47%) may shift if earnings or management priorities change.
• Market volatility: the beta of 1.61 means the stock can be more sensitive to broad market moves than the average stock.
• Competitive landscape: investors often compare Weichai Power with peers such as BYD (002594), Chongqing Changan Automobile (000625), and Huizhou Desay SV Automotive (002920) to understand its relative position.
• Index inclusion: as a component of the CSI 300, the stock can be affected by index rebalancing flows.
• Listing and peers: Weichai Power trades on the Shenzhen Stock Exchange alongside companies like Midea Group (000333), Gree Electric (000651), and Shenzhen Overseas Chinese Town Company (000069).