Weichai Power (2338.HK)

Weichai Power share price today, ATLAS forecast and fair value

Consumer Cyclical · Auto Manufacturers · Hong Kong Exchanges (HKEX) · Hong Kong SAR China

HK$24.80▲ +1.22%

Prices as of Oct 27, 2026 · HKD

ATLAS fair value

HK$20.27

Above fair value · 22% premium

Chance of rising in 1 month

48%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Weichai Power in ATLAS

ATLAS's own quantitative analysis, all in one place.

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
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On Weichai Power

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.
Get started →

Plans from €3.99 a month.

ATLAS estimates Weichai Power's fair value at about HK$20.27 per share (reasonable range: HK$13.35 to HK$30.46). At HK$24.80, the stock trades 22% above it.

It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives Weichai Power a 48% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between HK$22.50 and HK$27.02; in 9 out of 10, between HK$19.13 and HK$31.78. Estimated annual volatility is 55%.

Price, last 12 months (weekly close)

Weichai Power (2338.HK) — Price, last 12 months (weekly close)Oct 24, 2025: HK$15.05. Oct 27, 2026: HK$24.80. ▲Fair value HK$20.27HK$41.64HK$15.05Oct 24, 2025Oct 27, 2026

Key numbers

P/E ratio
15.1
Dividend yield
3.56%
52-week high
HK$45.44
52-week low
HK$15.04
Revenue (12 months)
CN¥242B
Gross margin
20.8%
Operating margin
7.8%
Net margin
5.4%
Beta
1.59

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Weichai Power sits above fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks 2338.HK has traded between HK$15.04 and HK$45.44. Today it is 45.4% below that high and 65% above its low.

On the business: net margin is 5.4%; it trades at 15.1 times earnings.

Its beta is 1.59: it tends to move more than the market, both up and down.

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.

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Plans from €3.99 a month.

Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Weichai Power (2338.HK) fair value?

About HK$20.27 per share according to ATLAS (reasonable range: HK$13.35 to HK$30.46). With the stock at HK$24.80, it is 22% above it.

What is the chance 2338.HK goes up next month?

48%: close to a coin flip. In half of the simulated outcomes, 2338.HK ends the month between HK$22.50 and HK$27.02.

How big is Weichai Power and what is its P/E ratio?

Its price-to-earnings (P/E) ratio is 15.1: you pay HK$15.1 for each HK$1.00 of yearly earnings.

Does Weichai Power pay a dividend?

Yes. 2338.HK's current dividend yield is 3.56% at today's price (HK$24.80).

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer

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