Skip to Content

Weiqiao Textile Co Ltd Class H WQTEF

Morningstar Rating
$0.42 +0.03 (7.69%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WQTEF is trading at a 44% discount.
Price
$0.42
Fair Value
$8.34
Uncertainty
Extreme
1-Star Price
$4.83
5-Star Price
$1.90
Economic Moat
Qjdth
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if WQTEF is a good fit for your portfolio.

Trading Information

Previous Close Price
$0.39
Day Range
$0.420.42
52-Week Range
$0.170.42
Bid/Ask
$0.37 / $0.51
Market Cap
$501.64 Mil
Volume/Avg
5,069 / 26,267

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.21
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Weiqiao Textile Co Ltd produces, sells, and distributes textiles including cotton yarn, grey fabric, and denim. Its geographical segment includes Mainland China, Southeast Asia, Hong Kong, South Asia, East Asia, and Other regions. The majority of the company's revenue is generated from Mainland China. It operates in two segments. The textile products segment produces and sells cotton yarn, grey fabric, and denim. The electricity and steam segment generates electricity and steam for internal use in the production of textile products and also for sale to external customers.
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Stock Style Box
Small Value
Total Number of Employees
39,000

Comparables

Valuation

Metric
WQTEF
600987
600346
Price/Earnings (Normalized)
11.5065.84
Price/Book Value
0.221.231.48
Price/Sales
0.210.770.38
Price/Cash Flow
7.073.16
Price/Earnings
WQTEF
600987
600346

Financial Strength

Metric
WQTEF
600987
600346
Quick Ratio
1.542.320.27
Current Ratio
2.213.320.60
Interest Coverage
−6.1928.861.29
Quick Ratio
WQTEF
600987
600346

Profitability

Metric
WQTEF
600987
600346
Return on Assets (Normalized)
−5.09%7.50%2.00%
Return on Equity (Normalized)
−7.26%10.79%8.94%
Return on Invested Capital (Normalized)
−5.72%9.42%4.41%
Return on Assets
WQTEF
600987
600346
See how this stock stacks up to its competitors with Morningstar Investor

Textile Manufacturing Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
SZHIF
Shenzhou International Group Holdings LtdRrlzw$13.1 Bil
TRYIY
Toray Industries Inc ADRSzvl$7.4 Bil
TRYIF
Toray Industries IncBzn$7.4 Bil
AIN
Albany International CorpYsbxrwx$2.9 Bil
CGGGF
Coats Group PLCXmpyf$1.4 Bil
PTEXF
Pacific Textiles Holdings LtdKxdy$219.9 Mil
ECNLF
Aquafil SpAHqrt$177.2 Mil
TXWHY
Texwinca Holdings Ltd ADRGvnql$146.6 Mil
UFI
Unifi IncGcbn$105.3 Mil

Sponsor Center