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Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H
(1379)
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H (1379) vs. iShares MSCI Hong Kong ETF (EWH)
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H Business Overview & Revenue Model
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 68.37M | 96.31M | 230.86M | 57.20M | 46.74M | Gross Profit |
| 55.45M | 63.75M | 89.23M | 47.27M | 37.63M | EBIT |
| 21.41M | 32.46M | 79.25M | 64.53M | 37.44M | EBITDA |
| 46.18M | 34.90M | 79.33M | 65.46M | 38.71M | Net Income Common Stockholders |
| 15.07M | 27.21M | 57.51M | 47.32M | 28.08M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 86.39M | 74.44M | 72.83M | 78.73M | 85.39M | Total Assets |
| 1.12B | 1.13B | 1.17B | 1.24B | 1.13B | Total Debt |
| 0.00 | 0.00 | 0.00 | 15.00M | 80.46M | Net Debt |
| -86.39M | -74.44M | -72.83M | -63.73M | -4.93M | Total Liabilities |
| 314.37M | 325.05M | 376.01M | 477.09M | 419.80M | Stockholders Equity |
| 801.81M | 805.14M | 793.93M | 762.02M | 714.70M |
| Cash Flow | Free Cash Flow | |||
| 31.20M | 40.42M | 71.00M | 113.27M | 30.92M | Operating Cash Flow |
| 31.58M | 41.75M | 71.36M | 113.29M | 30.94M | Investing Cash Flow |
| -1.15M | -24.03M | -36.52M | -46.10M | -72.65M | Financing Cash Flow |
| -18.49M | -16.10M | -40.74M | -73.85M | 91.73M |
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H Technical Analysis
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | HK$176.00M | 10.77 | 1.88% | 11.25% | -30.78% | -45.87% | |
61 Neutral | $2.86B | 10.96 | 0.41% | 6.08% | 5.73% | -21.25% | |
| $1.48B | 30.51 | 0.79% | 1.22% | ― | ― | ||
| $7.53B | 9.04 | 8.13% | 5.23% | ― | ― | ||
| $66.88B | 37.14 | 27.96% | 2.36% | ― | ― | ||
| $2.27B | 8.05 | 11.32% | 7.85% | ― | ― | ||
70 Outperform | HK$9.71B | 9.20 | 8.89% | 4.29% | 4.91% | -11.80% |
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H Corporate Events
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited issued a clarification regarding a clerical error in their previous announcement about the 2024 final dividend distribution. The corrected exchange rate for the dividend calculation is HK$1.0765 to RMB1.0000, resulting in a final dividend of approximately HK$0.2476 per H Share. This clarification ensures accurate financial information for stakeholders, maintaining transparency and trust in the company’s financial communications.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited announced the successful outcomes of its Annual General Meeting held on April 30, 2025. All proposed resolutions, including the distribution of the final dividend for 2024 and the election and re-election of directors and supervisors, were approved by shareholders. The final dividend for 2024 is set to be distributed to domestic shareholders on May 16, 2025, and to holders of H Shares on May 30, 2025. This announcement signifies a stable governance structure and a commitment to shareholder returns, potentially enhancing the company’s market position and investor confidence.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited has announced a final ordinary cash dividend of RMB 0.23 per share for the financial year ending December 31, 2024, with payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0765. The dividend announcement reflects the company’s ongoing commitment to returning value to shareholders and may influence investor sentiment positively, given the structured approach to profit distribution and tax considerations for non-resident shareholders.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited issued a clarification announcement regarding the designation of Mr. Wang Wenming as a non-executive Director, correcting a previous announcement that mistakenly identified him as an executive Director. The company advises shareholders and potential investors to exercise caution when dealing with its securities, indicating the importance of accurate information for stakeholder decision-making.
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited has announced the appointment of Mr. Wang Wenming as an authorised representative, effective April 15, 2025. This appointment ensures compliance with the Stock Exchange of Hong Kong’s Listing Rules, potentially strengthening the company’s governance and operational oversight.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited announced the resignation of Mr. Pan Haihong from his roles as executive director, chairman, and chief executive officer, effective April 14, 2025. This resignation has led to a temporary non-compliance with the Hong Kong Stock Exchange’s listing rules, as the company now lacks the required number of authorized representatives. The company is actively seeking suitable candidates to fill these vacancies to restore compliance. Additionally, due to Mr. Pan’s resignation, a resolution regarding his re-election will be withdrawn from the upcoming annual general meeting agenda, while all other resolutions remain unchanged.
The company has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement outlines the structure of the board, including executive, non-executive, and independent non-executive directors, as well as their involvement in key committees such as the Audit, Remuneration, and Nomination Committees. This update is crucial for stakeholders as it provides clarity on the governance and leadership structure, potentially impacting the company’s strategic direction and operational oversight.
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited has announced its upcoming annual general meeting scheduled for April 30, 2025. The meeting will address several key resolutions, including the approval of the board’s reports, financial statements, profit distribution, re-election and election of directors and supervisors, reappointment of auditors, and authorization for credit facilities. These resolutions are crucial for the company’s governance and operational strategies, potentially impacting its financial stability and stakeholder relations.
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited has announced a final cash dividend of RMB 0.23 per share for the financial year ending December 31, 2024. The dividend will be subject to a 10% withholding tax for non-resident enterprise shareholders and individual holders of H shares. The ex-dividend date is set for May 6, 2025, with payment scheduled for May 30, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its market positioning by attracting investor interest.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited announced its annual results for the year ended December 31, 2024. The company reported a 28.9% decrease in revenue to RMB 68,814,000 and a 44.6% drop in profit to RMB 15,070,000. Despite these declines, the gross profit margin improved significantly to 80.6% from 65.9% the previous year. The board has recommended a final dividend of RMB 0.23 per share, consistent with the previous year. The results indicate challenges in revenue generation but highlight an improvement in operational efficiency.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited has issued a profit warning, indicating a significant decrease in net profit for the year ending December 31, 2024. The expected decline, ranging from RMB10.0 million to RMB14.0 million compared to the previous year’s RMB27.2 million, is attributed to a lack of property sales, increased valuation losses on investment properties, and reduced government grants. The company advises caution to shareholders and investors as the final audited results may differ from the preliminary figures.