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Weixing Co., Ltd.: 2024 Annual Report Summary
Weixing Co., Ltd.: 2024 Annual Report
Zhejiang Weixing Industrial Development accelerates its overseas expansion, with international revenue expected to grow by over 30% year-on-year in 2024 | Interpretations
① In 2024, Zhejiang Weixing Industrial Development's net income is 0.7 billion yuan, a year-on-year increase of 25.48%; ② The proportion of international Business has increased to 33.81%, with revenue growing by 30.62% year-on-year; ③ The company stated that in 2024, it will promote the Global Strategy, with a significant increase in overseas Orders.
Zhejiang Weixing Industrial Development (002003.SZ): The net profit attributable to the parent company for the year 2024 is 0.7 billion yuan, and it plans to distribute 3 yuan in dividends.
On March 28, Gelonghui reported that Zhejiang Weixing Industrial Development (002003.SZ) released its 2024 annual report. In 2024, the company achieved a revenue of 4.674 billion yuan, an increase of 19.66% year-on-year; the net income attributable to shareholders of the listed company was 0.7 billion yuan, an increase of 25.48% year-on-year; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.688 billion yuan, an increase of 29.09% year-on-year; the basic EPS was 0.60 yuan; a cash dividend of 3.00 yuan (including tax) is proposed to be distributed for every 10 shares to all shareholders.
Zhejiang Weixing Industrial Development (SZSE:002003) Shareholders Have Earned a 31% CAGR Over the Last Five Years
Citi: Economic growth in Europe may drive local stock market performance, with CKH HOLDINGS and other companies potentially benefiting.
Citi released a Research Report stating that the total defense spending plan of the European Union amounts to 8.0 billion euros, aiming to increase the proportion of defense spending to GDP to 3%. This will not only stimulate economic growth in Europe but may also boost local stock market performance and provide opportunities for Chinese companies with significant exposure in the European market. Citi has given a "Buy" rating for large Chinese enterprises with at least 25% of their revenue from Europe, including: CKH HOLDINGS (00001), VTECH HOLDINGS (00303), Yealink Network Technology (300628.SZ), Beijing Roborock Technology (688169.SH), JOHNSON ELEC H (00179), Zhejiang Supor (0
Zhejiang Weixing Industrial Development Co., Ltd.'s (SZSE:002003) Prospects Need A Boost To Lift Shares
