Zhejiang Weixing New Building Materials Co Ltd
SZSE:002372

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Zhejiang Weixing New Building Materials Co Ltd Logo
Zhejiang Weixing New Building Materials Co Ltd
SZSE:002372
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Price: 11.02 CNY 1.66% Market Closed
Market Cap: ¥17.5B

P/B

3.5
Current
13%
Cheaper
vs 3-y average of 4.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.5
=
Market Cap
¥17B
/
Total Equity
¥4.9B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.5
=
Market Cap
¥17B
/
Total Equity
¥4.9B

Valuation Scenarios

Zhejiang Weixing New Building Materials Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (4.1), the stock would be worth ¥12.66 (15% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-41%
Maximum Upside
+54%
Average Downside
1%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.5 ¥11.02
0%
3-Year Average 4.1 ¥12.66
+15%
5-Year Average 5.5 ¥16.95
+54%
Industry Average 2.1 ¥6.5
-41%
Country Average 2.4 ¥7.61
-31%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
66th
Based on 7 605 companies
66th percentile
3.5
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Zhejiang Weixing New Building Materials Co Ltd
Glance View

Market Cap
17.5B CNY
Industry
Building

Zhejiang Weixing New Building Materials Co., Ltd. stands as a notable player in the realm of construction and infrastructure, headquartered in China. Since its establishment, the company has carved a niche in the manufacturing sector by specializing in the production of plastic pipes and fittings. These products, essential components in the construction industry, cater to a wide array of applications including water supply, drainage, electrical installations, and agricultural irrigation systems. By leveraging technological innovation and sustainability practices, Zhejiang Weixing not only provides durable and efficient solutions to complex construction challenges but also aligns itself with the industry's stringent environmental standards. Its commitment to quality and sustainable practices secures its reputation among both domestic and international markets. The company’s business model capitalizes on the growing urbanization trends and the escalating demand for efficient building materials in emerging and developed markets alike. Zhejiang Weixing’s revenue streams are diversified across various sectors, owing to its wide-ranging product portfolio that supports infrastructure development, real estate projects, and industrial utilities. Its strategic investments in R&D have enabled the introduction of cutting-edge products that meet evolving industry needs, helping it stand out in a competitive marketplace. By maintaining a robust distribution network and establishing long-term partnerships, Zhejiang Weixing ensures consistent customer service and product availability, thus consolidating its market position and expanding its financial footprint.

Intrinsic Value
10.52 CNY
Overvaluation 5%
Intrinsic Value
Price ¥11.02
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