10.54
+1.25%
Close of 9 Nov 2026, in CNY
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About Shandong Weida Machinery Co
Its shares trade on Shenzhen under the ticker 002026.SZ. It has been listed since 27 July 2004. In the fiscal year to 31 December 2024, it reported revenue of CN¥2.22bn and net income of CN¥300.0m. At that date it held total assets of CN¥5.11bn and shareholders' equity of CN¥3.64bn.
Shandong Weida Machinery Co. Ltd. engages in the manufacture and sale of machine tools. The company is headquartered in Weihai, Shandong. The company went IPO on 2004-07-27. The firm manufactures and distributes drill chucks and related fittings. The firm also provides automobile parts, hardware, instrumentation valves and other casting products. The Company’s drill chucks include new type high performance drill chucks, finger tight drill chucks, locking tight drill chucks, spanner drill chucks, self tight drill chucks, as well as spanners and related components, among others. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 27 Jul 2004
- Employees
- 3,150
- Website
- weidapeacock.com ↗
Leadership
Pay as last reported
- Ms. Mingyan YangChairman of the Board, General Manager
- Mr. Guijun YangVice Chairman of the Board, since 2010CN¥430,000
- Mr. Yuanpei CaoFinance Director
- Mr. Yong LiangDeputy General Manager, Director, since 2022
- Mr. Zhanyou SongDeputy General ManagerCN¥250,000
- Mr. Jie ChenSecretary of the Board
- Mr. Tiesong LiDirector, since 2003CN¥210,000
- Mr. Youcai LiuDirector, since 2003CN¥430,000
- Ms. Mingyang TianDirector
- Mr. Bin HuangIndependent Director
- Mr. Liye WangIndependent Director
- Mr. Yigui YuIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Shandong Weida Machinery Co Ltd employs 3,150 full-time employees to support its operations.
- The company manufactures and sells machine tools through its Weihai, Shandong headquarters.
- Shandong Weida Machinery Co Ltd distributes its products within domestic markets and to overseas markets.
Weaknesses
- The company is headquartered in Weihai, Shandong, which limits its geographic presence to one city.
- Shandong Weida Machinery Co Ltd operates with a single ticker symbol 002026.SZ on the Chinese exchange.
- The firm focuses on specific product lines such as drill chucks and automobile parts rather than a diversified portfolio.
Opportunities
- Shandong Weida Machinery Co Ltd can expand its distribution of drill chucks and related fittings to new overseas markets.
- The company may grow its revenue by increasing sales of hardware, instrumentation valves, and casting products.
- Shandong Weida Machinery Co Ltd can leverage its existing manufacturing base to introduce new type high performance drill chucks.
Threats
- Shandong Weida Machinery Co Ltd faces competition in the Industrials sector from other machinery manufacturers.
- Fluctuations in the domestic market could impact the sales of drill chucks and automobile parts.
- The company relies on the Weihai, Shandong location for its primary operational hub, creating regional dependency.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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