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Weiqiao Textile Company Ltd Company Snapshot
Weiqiao Textile Company Ltd operates within the Broadwoven fabric mills, cotton sector. In addition to historical fundamental analyses, the complete report available to purchase compares Weiqiao Textile Company Ltd with three other fabric manufacturers in Asia: Luthai Textile Company Limited (2018 sales of 6.88 billion Chinese Renmimbi [US$1.03 billion] of which 90% was Clothing), Kurabo Industries Limited of Japan (161.75 billion Japanese Yen [US$1.44 billion] of which 40% was Fiber Business), and Japan Wool Textile Company Limited (The) which is also based in Japan (110.54 billion Japanese Yen [US$987.10 million] of which 35% was Human and future development).

Sales Analysis. During the year ended December of 2018, sales at Weiqiao Textile Company Ltd were 16.46 billion Chinese Renmimbi (US$2.45 billion). This is a very small increase of 0.5% versus 2017, when the company's sales were 16.37 billion Chinese Renmimbi. This was the third consecutive year of growth at Weiqiao Textile Company Ltd. Sales of Electricity saw an increase that was more than double the company's growth rate: sales were up 5.4% in 2018, from 5.64 billion Chinese Renmimbi to 5.94 billion Chinese Renmimbi. Not all segments of Weiqiao Textile Company Ltd experienced an increase in sales in 2018: sales of Textile Products fell 2.0% to 10.52 billion Chinese Renmimbi.
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Weiqiao Textile Company Ltd
  Stock Performance Chart for Weiqiao Textile Company Ltd
  Stock Data: Recent Stock Performance:
  Current Price (4/18/2019): 2.78
(Figures in Chinese Renmimbi)
1 Week 1.0%   13 Weeks 4.4%  
4 Weeks 22.3%   52 Weeks -11.2%  
Weiqiao Textile Company Ltd Key Data:
  Ticker: 2698 Country: China
  Exchanges: HKG Major Industry: Consumer Durables & Apparel
    Sub Industry: Broadwoven Fabric Mills
  2018 Sales 16,455,884,000
(Year Ending Jan 2019).
Employees: 52,000
  Currency: Chinese Renmimbi Market Cap: 3,319,242,863
  Fiscal Yr Ends: December Shares Outstanding: 1,194,389,000
  Share Type: H Gu Closely Held Shares: 783,341,500
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