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Companies Industrials 000880.SZ
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000880.SZ Shenzhen Stock Exchange Industrial Machinery & Equipment

Weichai Heavy Machinery Co Ltd

¥33,86
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Mcap
15,7B CNY
P/E
43,9x
EV / Rev
1,8x
Div yield
0,85 %
Op margin
3,6 %
ROE
7,2 %
Net margin
3,4 %
Debt / equity
0,10
Beta
52w range
Volume
Day range
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About

Weichai Heavy Machinery Co Ltd operates in the Industrial Machinery & Equipment industry, generating revenue through the manufacturing and sale of industrial machinery.

Business. Weichai Heavy Machinery Co Ltd (000880.SZ) is a Chinese industrial machinery and equipment manufacturer listed on the Shenzhen Stock Exchange. The company operates within the Industrial Goods sector, focusing on the production and sale of industrial machinery. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification58 %
SectorIndustrials
Business sectorIndustrial Goods
Industry groupIndustrial Machinery & Equipment
ActivityIndustrial Machinery
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
43,9x
P/E
Analysts
not yet wired
Ownership
not yet wired
Profitability
7,2 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 000880.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 000880.SZ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Weichai Heavy Machinery Co Ltd (000880.SZ) is a Chinese industrial machinery and equipment manufacturer listed on the Shenzhen Stock Exchange. The company operates within the Industrial Goods sector, focusing on the production and sale of industrial machinery. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification58 %
    SectorIndustrials
    Business sectorIndustrial Goods
    Industry groupIndustrial Machinery & Equipment
    ActivityIndustrial Machinery
    AI synthesis
    GENERATED

    Weichai Heavy Machinery maintains a capital structure characterized by low leverage, with a debt-to-equity ratio of 0.10 and long-term debt of CNY 212.2 million against total equity of CNY 2.1 billion. The company holds a current ratio of 0.96, indicating near-parity between current assets and liabilities, while operating cash flow of CNY 709.3 million significantly exceeds free cash flow of CNY 263.7 million due to capital expenditures of CNY 16.6 million. Despite generating positive operating cash flow, the company reports negative net cash after subtracting total debt, a key liquidity flag that suggests reliance on operational cash generation to service obligations.

    Profitability metrics reveal modest returns, with a return on equity (ROE) of 7.22% and a return on assets (ROA) of 1.82%. The company achieved a net income of CNY 240.1 million on revenue of CNY 6.12 billion, resulting in a net margin of approximately 3.9%. Gross profit stands at CNY 628.4 million, yielding a gross margin of roughly 10.3%, while operating income is CNY 243.8 million. These returns are evaluated against the backdrop of a high valuation multiple, with a price-to-earnings ratio of 69.36 and an EV/EBITDA of 67.18, suggesting the market prices in significant future growth or asset revaluation potential despite current modest profitability.

    Key takeaways
    • The company trades at a high valuation multiple (P/E 69.36, P/B 5.01) despite modest current returns (ROE 7.22%, ROA 1.82%).
    • Liquidity is tight with a current ratio of 0.96 and negative net cash after debt, though operating cash flow remains strong at CNY 709.3 million.
    • Leverage is low with a debt-to-equity ratio of 0.10, providing a buffer against interest rate risks.
    • Dilution risk is low, with no difference between basic and diluted share counts.
    • Historical growth data is absent, preventing trend analysis and momentum assessment.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Free cash flow grew 9.7% year-over-year, indicating strong operational cash generation despite recent revenue declines.

    Cash conversion ratio of 1.19 outperforms the 0.95 cohort median, highlighting effective working capital management.

    Debt-to-equity ratio of 0.1 is half the industry median, providing a conservative balance sheet with low leverage risk.

    Capex intensity is in the top quartile of peers, suggesting strategic investment in future growth capabilities.

    BEAR CASE · 2

    Net margin of 3.5% is below the 4.9% cohort median, suggesting limited pricing power or cost control issues.

    Medium liquidity risk flags potential challenges in meeting short-term obligations despite low credit risk.

    In focus — financials by report

    Annual
    ANNUALFiled 2015-03-31
    FY 2015 · Full-year highlights

    Revenue ¥3.41B; Operating income ¥134.3M.

    Revenue¥3.41B
    Operating income¥134.3M
    Net income¥136.8M
    Free cash flow¥237.7M
    EPS
    Operating cash flow¥180.7M
    Financials
    Income statement
    Revenue¥3.41B
    Gross profit¥467.1M
    Operating income¥134.3M
    Net income¥136.8M
    Margins
    Gross margin13.7%
    Operating margin3.9%
    Net margin4.0%
    FCF margin7.0%
    Balance sheet
    Total assets¥4.70B
    Total liabilities¥3.01B
    Total equity¥1.69B
    Cash & equivalents
    Long-term debt¥16.5M
    Cash flow
    Operating cash flow¥180.7M
    CapEx-¥48.9M
    Free cash flow¥237.7M
    SBC
    P&L flow · revenue → net income
    Revenue ¥6.12BOperating costs ¥5.87BFinance ¥5.1MNet income ¥240.1M
    Highlights
    • Revenue ¥3.41B
    • Operating income ¥134.3M
    • Net margin 4.0%

    Valuation FY

    Market price
    ¥33,86
    Market cap
    ¥10.53B
    Enterprise value
    ¥10.75B
    P/E
    43.9x
    Non-GAAP P/E
    EV / Revenue
    1.8x
    EV / Op income
    44.1x
    EV / OCF
    59.5x
    P / B
    5.0x
    P / Tangible book
    5.0x
    Tangible book
    ¥2.10B
    Net cash
    -¥212.2M
    Current ratio
    1.0
    Debt / equity
    0.1
    ROA
    1.8%
    ROE
    7.2%
    Cash conversion
    119.0%
    CapEx / revenue
    -1.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Construction Equipment & Attachments
    low · llm_fanout_v2
    Mining Rail Products
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin3,6 %Below median
    Net Margin3,5 %Below median
    ROE7,2 %Above median
    Capex / Rev-1,1 %Above P75
    D/E0,10Above median
    Cash Conv1,19Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Ev To Revenue
      enterprise_value / revenue
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Return On Assets
      net_income / total_assets
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • Weichai Heavy Machinery Co Ltd Market data — financials · 2026-07-09

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    000880.SZCanonical
    Shenzhen Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2015-03-31 10:27 UTCEARNINGSAnnual results — FY 2015 Revenue CNY 3.41B · Net CNY 136.8M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage