Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
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.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
Buy
Sell