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Improved Earnings Required Before Zhejiang Weixing Industrial Development Co., Ltd. (SZSE:002003) Shares Find Their Feet
Zhejiang Weixing Industrial Development (002003.SZ): Currently, the company's overseas production capacity accounts for less than 20%.
Gelonghui, April 11 | Zhejiang Weixing Industrial Development (002003.SZ) stated in a recent investor relations activity that as of now, the company's overseas production capacity accounts for less than 20%, still primarily focused on the domestic market.
Guosen: "The impact of 'reciprocal tariffs' on high-quality Textile Manufacturing enterprises is limited. Focus on good opportunities for bottom layouts."
The share of overseas production capacity for the OEM textile enterprises is concentrated in Southeast Asia, all covered by high "reciprocal tariffs"; assuming the impact extrapolation, if tariffs were to be fully implemented, the majority of the burden would fall on USA consumers.
Zhejiang Weixing Industrial Development (002003.SZ): The company's goal for 2025 is to achieve revenue of 5 billion yuan.
On April 7th, Glonghui reported that Zhejiang Weixing Industrial Development (002003.SZ) stated on the investor interaction platform that, considering the current Industry prosperity and the company's Operation strategy layout, the goal for 2025 is to achieve a revenue of 5 billion yuan.
Zhejiang Weixing Industrial Development (002003.SZ): The company's overall capacity utilization rate for 2024 is 68.82%.
On April 2, GELONGHUI reported that Zhejiang Weixing Industrial Development (002003.SZ) stated in a recent investor relations activity that due to the obvious seasonal differences in the textile and Outfit Industry, the company needs to comprehensively consider the production assurance requirements of customers in different seasons when planning capacity; at the same time, with the increase in demand for personalized clothing, brand customers pay more attention to the rapid response capability of Orders, therefore, the company's overall capacity utilization rate is not high. In 2024, the company's overall capacity utilization rate is 68.82%, an increase of 2.01 percentage points year-on-year.
Zhejiang Weixing Industrial Development Co., Ltd. (SZSE:002003) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Zhejiang Weixing Industrial Development Co., Ltd.'s (SZSE:002003) Prospects Need A Boost To Lift Shares
