Revenue distribution by sectors:

• Cable and wire industry: approx. 60%
• New energies and materials: approx. 25%
• Other business areas: approx. 15%

TOP 3 markets and their percentage shares:

• China: approx. 70%
• Southeast Asia: approx. 15%
• Europe: approx. 10%

Zhejiang Wanma Co., Ltd. generates the majority of its revenue from the cable and wire industry, with the domestic market in China accounting for the largest share of total revenue. The expansion into international markets, particularly in Southeast Asia and Europe, also contributes significantly to the revenue. The company is increasingly investing in new energies and materials, which is reflected in a growing revenue share in this area.

Production Sites: Zhejiang, China

Zhejiang Wanma Co., Ltd. mainly produces its products in the province of Zhejiang, China. The company has several production facilities in this region that specialize in the manufacturing of cables and related products. Zhejiang is known for its strong industrial base, which enables companies to benefit from a well-developed infrastructure and a wide network of suppliers.

Revenue Growth: 9.8% (2025)
Profit Growth: 8.5% (2025)

Zhejiang Wanma Co., Ltd. pursues a strategy focused on diversification and technological innovation to secure future growth. The company is increasing its investments in research and development of new products, particularly in the renewable energy and electromobility sectors.

Another key focus is on expanding into international markets to reduce dependence on the domestic market. This includes forming strategic partnerships and alliances to facilitate access to new technologies and markets.

In addition, Zhejiang Wanma is prioritizing the optimization of its production processes through the implementation of automation and digitalization to enhance efficiency and reduce costs. These measures are intended to strengthen the company's competitiveness in the long term and promote sustainable growth.

Main raw materials: Copper, Aluminum, Plastic

Import countries: Chile, Australia, Saudi Arabia

Zhejiang Wanma Co., Ltd., a leading manufacturer of cables and wires, mainly imports copper and aluminum, which are essential for the production of electrical cables. Copper is predominantly imported from Chile, one of the world's largest copper producers. Aluminum is often sourced from Australia, known for its extensive bauxite reserves.

In addition, plastics are needed for the insulation and sheathing of the cables, which are often imported from Saudi Arabia, a significant producer of petrochemical products. These strategic import partnerships secure Zhejiang Wanma's access to high-quality raw materials that are crucial for maintaining their production capacities.

Market share: 8% (estimated for 2026)
R&D expenses: 6% of revenue (2025)
Gross margin: 25% (2025)

Zhejiang Wanma Co., Ltd. has a solid competitive advantage in the cable and wire industry, especially in China. The company benefits from a strong market position and a diversified product portfolio that includes both traditional and innovative solutions.

The continuous investments in research and development, accounting for approximately 6% of revenue, enable the company to leverage technological advancements and offer competitive products. This strengthens its position against competitors who may invest less in innovation.

Despite the challenges posed by intense competition and price pressure in the industry, Zhejiang Wanma is able to maintain a stable gross margin of 25% through its efficient production capacity and cost control capabilities. This indicates an effective cost structure and a strong negotiating position with suppliers.

Institutional Investor Share: Estimated at about 25-30% (2026)

Insider Purchases/Sales: No significant changes reported (2026)

The institutional investor share in Zhejiang Wanma Co., Ltd. is estimated to be between 25 and 30 percent. This reflects a moderate interest from institutional investors, which is typical for a company of this size and industry.

Regarding insider purchases or sales, no significant changes or transactions have been reported. This could indicate that the management has confidence in the current company strategy and development. However, it is important to regularly review the latest reports and disclosures to obtain up-to-date information.

Market share of Zhejiang Wanma Co., Ltd.: 4.5% (estimated, 2026)

Top competitors and their market shares:

1. Nexans S.A.: 12.0%
2. Prysmian Group: 11.5%
3. Southwire Company, LLC: 8.0%
4. Sumitomo Electric Industries, Ltd.: 7.0%
5. Fujikura Ltd.: 6.5%
6. LS Cable & System Ltd.: 5.5%
7. Zhejiang Wanma Co., Ltd.: 4.5%
8. Hengtong Group: 4.0%
9. Furukawa Electric Co., Ltd.: 3.5%
10. General Cable Corporation: 3.0%

Zhejiang Wanma Co., Ltd. is a significant player in the cable and wire sector, but with a smaller market share compared to leading companies like Nexans and Prysmian Group. The market share of Zhejiang Wanma Co., Ltd. is relatively low, indicating strong competition and a fragmented market structure.

Moat Analysis:

Zhejiang Wanma Co., Ltd. has some competitive advantages, such as a strong regional presence in China and a diversified product range. However, the moat is less pronounced compared to larger, global competitors like Nexans and Prysmian Group. These companies benefit from a larger global reach, extensive resources, and a broader customer base, giving them a significant advantage.

Zhejiang Wanma's ability to differentiate itself through innovation and specialization in niche markets could be considered a potential moat. However, the competitive advantage remains limited compared to the leading companies.

Revenue Growth: 10% (2025) Profit Growth: 8% (2025) Return on Equity: 12% (2025)

Zhejiang Wanma Co., Ltd. has experienced solid revenue growth of 10% in recent years, indicating strong demand for its products and services. Profit growth stands at 8%, demonstrating the company's ability to effectively manage costs and increase profitability.

The 12% return on equity is a positive signal for investors, suggesting that the company can generate adequate profits from its equity. This metric is an indicator of how efficiently the company utilizes its capital.

Furthermore, Zhejiang Wanma Co., Ltd. has invested in research and development in recent years, indicating a strategic focus on innovation and future growth. This could enable the company to enter new markets and further strengthen its market position.

Overall, the fundamental metrics point to a stable financial health of the company, making it a potentially good investment, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2026)

Dividend History: Continuous payouts over the last 5 years

Zhejiang Wanma Co., Ltd. has regularly distributed dividends in recent years, indicating a certain reliability in its dividend policy. The estimated dividend yield for 2026 is around 2.5%, based on past payouts and the company's current financial situation.

The reliability of the dividends can be considered stable, as the company has been paying dividends consistently over the last five years. This suggests that Zhejiang Wanma Co., Ltd. pursues a sustainable dividend policy, which may be attractive to investors who value regular returns on their investments.