Weiqiao Textile Company Limited

Weiqiao Textile Company Limitedverified

2698.HK

Price:

$3.49

Market Cap:

$3.76B

Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. The company operates through Textile Products, and Electricity and Steam segments. It also produces and sells polyester yarn and related products; and trades in textile raw materials and products. In addition, the company is involved in the generation and sale of electricity and steam. As of December 31, 2021, it had an installed capacity of 2,760 megawatts of thermal power assets. The company was incorporated in 1999 and is based in Zouping, the People's Republi...[Read more]

Industry

Apparel - Manufacturers

IPO Date

2003-09-24

Stock Exchange

HKSE

Ticker

2698.HK

The ROE as of December 2025 (TTM) for Weiqiao Textile Company Limited (2698.HK) is -8.56%

According to Weiqiao Textile Company Limited’s latest financial reports and current stock price. The company's current ROE is -8.56%. This represents a change of 193.93% compared to the average of -2.91% of the last 4 quarters.

Weiqiao Textile Company Limited (2698.HK) Historical ROE (quarterly & annually)

How has 2698.HK ROE performed in the past?

The mean historical ROE of Weiqiao Textile Company Limited over the last ten years is 2.01%. The current -8.56% ROE has changed -525.54% with respect to the historical average. Over the past ten years (40 quarters), 2698.HK's ROE was at its highest in in the December 2006 quarter at 7.17%. The ROE was at its lowest in in the December 2022 quarter at -5.24%.

Quarterly (TTM)
Annual

Average

2.01%

Median

3.07%

Minimum

-9.00%

Maximum

5.75%

Weiqiao Textile Company Limited (2698.HK) ROE by Quarter and Year

Discovering the peaks and valleys of Weiqiao Textile Company Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 201.17%

Maximum Annual ROE = 5.75%

Minimum Annual Increase = -379.58%

Minimum Annual ROE = -9.00%

Quarterly (TTM)
Annual
YearROEChange
2022-9.00%-379.58%
20213.22%191.34%
20201.10%-6.83%
20191.19%-66.13%
20183.50%20.18%
20172.91%-48.02%
20165.60%-2.58%
20155.75%201.17%
20141.91%-51.31%
20133.92%26.65%

Weiqiao Textile Company Limited (2698.HK) Average ROE

How has 2698.HK ROE performed in the past?

The current ROE of Weiqiao Textile Company Limited (2698.HK) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-1.56%

5-year avg

0.00%

10-year avg

2.01%

Weiqiao Textile Company Limited (2698.HK) ROE vs. Peers

How is 2698.HK’s ROE compared to its peers?

Weiqiao Textile Company Limited’s ROE is greater than Genting Hong Kong Limited (-43.84%), less than Greatview Aseptic Packaging Company Limited (8.85%), greater than Narnia (Hong Kong) Group Company Limited (-2.46%), less than Asia Television Holdings Limited (27.52%), less than Ocean Star Technology Group Limited (83.61%), greater than Yongsheng Advanced Materials Company Limited (-6.38%), less than Zhejiang Yongan Rongtong Holdings Co., Ltd. (2.17%), greater than Tungtex (Holdings) Company Limited (-0.71%), greater than Bossini International Holdings Limited (-136.64%), less than China ZhengTong Auto Services Holdings Limited (1.12%),

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