688226 fundamentals

Key facts

Market capitalization‪7.43 B‬CNY
Founded1986
CEOJi Tao Chai
About

Wetown Electric Group Co., Ltd. engages in the research, development, manufacturing and sale of bus products. Its products focuses on the domestic transmission, distribution and control equipment manufacturing industry. The company products include busbars, medium and low voltage complete equipment, copper and aluminum products, and tinned copper strip. Its products are used by power, electronics, automobile manufacturing, rail transit, data centers, metallurgical chemicals, commercial real estate, and new energy industry. The company was founded in 1986 and is headquartered in Zhenjiang, China.

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪7.43 B‬‬
Price to earning ratio (P/E)
64.87x
Price to sales ratio (P/S)
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
64.87x
Price to sales ratio (P/S)
Valuation ratios
‪0.00‬
‪0.30‬
‪0.60‬
‪0.90‬
‪1.20‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪7.00‬
‪14.00‬
‪21.00‬
‪28.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−5.0%‬
‪−2.5%‬
‪0.0%‬
‪2.5%‬
‪5.0%‬
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−400.00 M‬‬
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
‪‪1.20 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−800.00 M‬‬
‪‪−400.00 M‬‬
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−800.00 M‬‬
‪‪−400.00 M‬‬
‪0.00‬
‪‪400.00 M‬‬
‪‪800.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
High and Low Pressure Line
Photovoltaic Welding Ribbon
Energy Storage System
Middle and Low Pressure Line
Other Business
Aluminum Border
Copper and Aluminum
Other
By country
Period: 2024
China
Overseas

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪300.00 M‬‬
‪‪600.00 M‬‬
‪‪900.00 M‬‬
‪‪1.20 B‬‬
Actual
Earnings
Next:Apr 23, 2026
2023
2024
2025
‪0.00‬
‪0.50‬
‪1.00‬
‪1.50‬
‪2.00‬
Actual
Estimate

Dividends

Dividend yield, history and sustainability

Dividend summary
0.00%
Payout ratio (TTM)
Dividend yield TTM
0.59%
Last payment
0.233
Last ex-date
Jun 21, 2024
Dividend history
‪0.5%‬
‪0.7%‬
‪0.9%‬
‪1.1%‬
‪1.3%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.06‬
‪0.12‬
‪0.18‬
‪0.24‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪‪−700.00 M‬‬
‪0.00‬
‪‪700.00 M‬‬
‪‪1.40 B‬‬
‪‪2.10 B‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
No data available
There's currently no assets and liabilities data to show.