Weichai Power Co (000338) Fair Value & Analysis
Consumer Cyclical · CN · Market cap 239B CNY
Fair value as of: Jul 13, 2026
From 26 valuation models · updated 25 days ago
Fair value updated Jul 13, 2026, revised from ¥22.32 to ¥24.74 (+10.8%) since Jul 5, 2026. Share price −1.1% over the past month.
A solid business, but screening 16% overvalued on our models.
What matters now
- Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
- Our model range runs from ¥17.74 (bear) to ¥31.74 (bull), base ¥24.74. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 57/100 (solid quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.
How to read this chart
60‑month range ¥8.03 – ¥35.34 · fair‑value band ¥17.74 – ¥31.74 · the ¥29.38 price screens above the ¥24.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.
Analysis
Weichai Power Co (000338) currently trades at ¥29.38, while our model-based Fair Value estimate is ¥24.74, implying the stock looks roughly 15.8% overvalued today. We read business quality at 57/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, Weichai Power Co generated revenue of 237B CNY at a net margin of 4.8%. Revenue grew 8.9% year over year. It earns a return on equity of 11.5%. Net debt stands at 28.2B CNY. Fundamentals as of Jul 13, 2026
Our scenario range runs from ¥17.74 (bear case) to ¥31.74 (bull case); at ¥29.38, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 121% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 25% fair-value upside, at -16%, 000338 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (¥69.31) versus Asset-Based (¥7.22). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 55 · Market factors (momentum, volatility) 60
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Weichai Power Co., Ltd. engages in the automobile and equipment manufacturing industry in China and internationally. The company operates through the Engines, Automobiles and Auto Parts, Agricultural Equipment, and Intelligent Logistics segments.
Full company description
Weichai Power Co., Ltd. engages in the automobile and equipment manufacturing industry in China and internationally. The company operates through the Engines, Automobiles and Auto Parts, Agricultural Equipment, and Intelligent Logistics segments. It offers engines for trucks, buses, construction machinery, and agricultural tractors and harvesters; energy and power solutions, including generator sets and industrial power products; transmission, PTO, and auto transmission products; axles for trucks, buses, and construction machineries; and hydraulics comprising variable displacement pumps, VT modular valves, electronic units, and excavator and agriculture machine powertrain systems. The company also provides new energy products, such as pure electric drive, pure electric gearbox power, electric drive axle power, hybrid power, power battery, and range-extender systems; commercial vehicles and auto parts; and after-market products, which include parts, oil, and remanufacture. In addition, it engages in forklift production, warehouse technology, and supply chain solution services, as well as industrial truck and services materials handling. The company offers its products under the Weichai Power Engine, Fast Gear Transmission, Hande Axle, Shaanxi Automobile Heavy Truck, and Weichai Lovol Smart Agriculture brands. Weichai Power Co., Ltd. was incorporated in 2002 and is based in Weifang, the People's Republic of China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Weichai Power Co reported revenue of ¥232B in FY2025 versus ¥220B in FY2021, a compound +1.3%/yr. Reported net income was ¥10.9B in FY2025, compounding +3.6%/yr from FY2021.
000338 screens 16% overvalued. Compare with Toyota Motor Corporation →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Weichai Power Launches World's First China VI-Compliant Heavy-Duty Hydrogen Engine, Setting a New Benchmark for Zero-Carbon Mobility
- Weichai Power Hong Kong International Development Co. Limited Announces Sale of Common Shares of Ballard Power Systems Inc.
- Ballard Announced Resignation Of Weichai's Nominee Directors and Sale Of Weichai's Shares
- Ballard Announces Resignation of Weichai's Nominee Directors and Sale of Weichai's Shares
Peer Group
Auto Manufacturers · 119 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Auto Manufacturers median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Auto Manufacturers stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Toyota Motor Corporation TM | $179.76 | $224.63 | +25% |
| BYD Company 81211 | HK$80.55 | HK$50.85 | -37% |
| Hyundai Motor Company 005380 | 425,000 KRW | 616,918 KRW | +45% |
| General Motors Company GM | $77.72 | $56.93 | -27% |
| Bayerische Motoren Werke Aktiengesellschaft BMWM5N | 1,909 MXN | 2,944 MXN | +54% |
| Ferrari N.V RACE | $376.64 | $228.05 | -39% |
| Ford Motor Company F | C$11.86 | C$4.00 | -66% |
| Mercedes-Benz Group BENZ | C$20.44 | C$35.15 | +72% |
| Volkswagen AG VOW | 2,149 CZK | 7,191 CZK | +235% |
| Maruti Suzuki India Limited MARUTI | ₹13,803 | ₹8,236 | -40% |
Compare Weichai Power Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is Weichai Power Co (000338) overvalued or undervalued?
What is the fair value of 000338?
What is the quality score of 000338?
What is the revenue of Weichai Power Co (000338)?
What is the net profit margin of 000338?
Does Weichai Power Co pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Weichai Power Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.