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Weiqiao Textile Company Limited Weiqiao Textile Company Limited

Weiqiao Textile Company Limited

WQTEF
Rank in Stocks #19297
Weiqiao Textile Company Limited, along with its subsidiaries, specializes in... Weiqiao Textile Company Limited, along with its subsidiaries, specializes in the production and global distribution of textile products, notably cotton yarns, grey fabrics, and denim. Its market reach is substantial, encompassing Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and various other international regions. The company's operations are distinctly categorized into two main divisions: Textile Products, and Electricity and Steam. In addition to its core textile manufacturing, it also produces and sells polyester yarn and related goods, and engages in the trading of textile raw materials and finished items. A notable aspect of its business is the generation and provision of electricity and steam, with its thermal power facilities reporting an installed capacity of 2,760 megawatts at the end of 2021. Established in 1999, the company is based in Zouping, People's Republic of China, and operates as a subsidiary of Shandong Weiqiao Chuangye Group Company Limited.
Share Price
$0.14
Last synced: 2024-03-22
Market Cap
$167.21M
Change (1 day)
-66.67%
Change (1 year)
0.00%
Country
CN
Trade Weiqiao Textile Company Limited (WQTEF)

Category

Consumer Cyclical
P/E ratio for Weiqiao Textile Company Limited (WQTEF)
P/E ratio as of 2026 TTM: 0
According to Weiqiao Textile Company Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Weiqiao Textile Company Limited from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
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How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.