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Zhejiang Weixing Industrial Development (SZSE:002003) Has A Pretty Healthy Balance Sheet
Zhejiang Weixing Industrial Development (002003.SZ): Annual comprehensive capacity utilization rate is around 60%-70%.
Gelonghui reported on December 17 that Zhejiang Weixing Industrial Development (002003.SZ) stated on the investor interaction platform that there are significant seasonal differences in the textile and Outfit Industry. The company needs to consider the production guarantees for customers during different seasons when planning capacity. At the same time, with the increase in personalized clothing demands, brand clients are paying more attention to the rapid response capability of Orders. Therefore, the overall capacity utilization rate of the company is not high, with an annual comprehensive capacity utilization rate of around 60%-70%.
Zhejiang Weixing Industrial Development (002003.SZ): Button products account for about 20% of the domestic mid to high-end market.
Glory Link reported on December 17 that Zhejiang Weixing Industrial Development (002003.SZ) stated on the investor interaction platform that the Outfits accessories Industry is a branch sub-industry of the textile and Apparel Industry. Statistics data in the Industry is lacking, but based on relevant data of the textile and apparel industry and expert estimates, the company's button products account for about 20% of the domestic mid-to-high-end market. Due to the broad application scope of zipper products, the difficulty of collecting statistics is even greater, and it is determined that the company's market share of zipper products is still relatively small.
zhejiang weixing industrial development (002003.SZ): The company's market share among international brand customers is generally low.
On December 6, Gelonghui reported that zhejiang weixing industrial development (002003.SZ) recently stated in an investor relations activity that the company's share among international brand clients is generally low. As downstream brand clients gradually strengthen small-batch and multi-batch ordering modes, the company's competitive advantages will become increasingly evident. Furthermore, with the continued advancement of the company's global strategy, enhancing rapid response capabilities and product quality to meet customer demands, there is confidence in gaining a larger share from downstream brand clients.
Zhejiang Weixing Industrial Development (002003.SZ): It is expected that after the overseas parks are running normally, its gross margin level will not differ much from that of the domestic market.
Gelonghui, December 6th丨Zhejiang Weixing Industrial Development (002003.SZ) stated in a recent investor relations activity that due to the company's overall product pricing principle of "cost plus", along with a comprehensive consideration of the actual operation of overseas parks, customer demand, and product structure, the company expects that after normal running of the overseas parks, the gross margin level will not differ significantly from that of the domestic market.
zhejiang weixing industrial development (002003.SZ): Currently, the company's overseas production capacity utilization rate is still lower than domestic.
Gelonghui reported on December 6 that zhejiang weixing industrial development (002003.SZ) indicated in recent investor relations activities that the current overseas capacity utilization rate is still lower than that of the domestic market, but it is overall showing an upward trend. The capacity utilization rate in the Bangladesh industrial park is affected by various factors such as religion and cultural differences, resulting in a relatively longer ramp-up time; in contrast, the Vietnam industrial park will be shorter, but overall it will still take two to three years to gradually reach a relatively reasonable level.
Zhejiang Weixing Industrial Development Co., Ltd.'s (SZSE:002003) Prospects Need A Boost To Lift Shares
