Page 213 - Profile's Stock Exchange Handbook - 2025 Issue 2

Profile’s Stock Exchange Handbook: 2025 – Issue 2 JSE – WEB
We Buy Cars Holdings Ltd. Wesizwe Platinum Ltd.
WEB WES
ISIN: ZAE000332789 SHORT: WEBUYCARS CODE: WBC ISIN: ZAE000075859 SHORT: WESIZWE CODE: WEZ
REG NO: 2020/632225/06 FOUNDED: 2020 LISTED: 2024 REG NO: 2003/020161/06 FOUNDED: 2003 LISTED: 2005
NATURE OF BUSINESS: In the early 2000s, brothers Faan and Dirk van NATURE OF BUSINESS: Wesizwe Platinum Ltd. (Wesizwe) is a platinum
der Walt observed that for individual consumers, selling an older vehicle in group metals (PGMs) mining company listed on the Johannesburg Stock
the South African market was a lengthy and difficult process. They Exchange (JSE). Wesizwe’s flagship project, the Bakubung Platinum Mine
established the WeBuyCars brand in 2001 to provide vehicle owners with a (BPM, the mine), is located in the Bushveld Igneous Complex, near
quick, easy and trusted solution to sell their vehicles. The Company Rustenburg in North West province, South Africa.
recognised a gap in the market to facilitate efficient vehicle sales which it SECTOR:BasicMaterials—BasicResrcs—PreciousMet&Min—Plat&PrecMet
was able to achieve through formalising the preowned motor vehicle NUMBER OF EMPLOYEES: 746
market. The ability of customers to efficiently sell or buy a vehicle or to sell DIRECTORS: Mabuza V T (ind ne), Ngculu J (ind ne), Qiao F (ne), Yu Q (ne),
their vehicle to a reputable, trusted company, quickly grew the customer Mokhobo D N M (Chair, ind ne), Zou L (CEO, China), Liu J (FD)
base of WeBuyCars. MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2023
SECTOR: ConsDisr—Retail—Retailers—SpecialityRetaillers China-Africa Jinchuan Inv Ltd. 45.00%
NUMBER OF EMPLOYEES: 0 Rustenburg Platinum Mines Ltd. 13.01%
DIRECTORS: AmoilsKB(alt), KrugerNAS(ld ind ne), Mathews B (ne), Micawber 809 (Pty) Ltd. 5.98%
Mendelowitz M (ne), RoosWT(ne), Totaram S (ne), van der Walt D J, POSTAL ADDRESS: Private Bag X16, Northlands, 2116
Holtzhausen J A (Chair, ne), van der Walt A S (CEO), Rein C J (CFO) MORE INFO: www.sharedata.co.za/sdo/jse/WEZ
MAJOR ORDINARY SHAREHOLDERS as at 15 Nov 2024 COMPANY SECRETARY: Azeyech Consulting Services (Pty) Ltd.
Coronation Asset Management 29.75% TRANSFER SECRETARY: CTSE Registry Services (Pty) Ltd.
I VDW Holdings 10.15% SPONSOR: PSG Capital (Pty) Ltd.
Government Employees Pension Fund 7.97%
MORE INFO: www.sharedata.co.za/sdo/jse/WBC AUDITORS: SNG Grant Thornton Inc.
COMPANY SECRETARY: PJC Vorster CAPITAL STRUCTURE AUTHORISED ISSUED
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. WEZ Ords no par 2 000 000 000 1 627 827 058
SPONSORS: Pallidus Capital (Pty) Ltd., PSG Capital (Pty) Ltd. LIQUIDITY: Apr25 Avg 1m shares p.w., R633 765.9(4.4% p.a.)
AUDITORS: PwC Inc.
MINI 40 Week MA WESIZWE
CAPITAL STRUCTURE AUTHORISED ISSUED
WBC Ords no par val 10 000 000 000 417 312 804 168
DISTRIBUTIONS [ZARc] 141
Ords no par val Ldt Pay Amt
Final No 1 3 Dec 24 9 Dec 24 25.00 114
LIQUIDITY: Apr25 Avg 4m shares p.w., R158.2m(55.9% p.a.) 87
40 Week MA WEBUYCARS
60
33
2020 | 2021 | 2022 | 2023 | 2024 |
4265
FINANCIAL STATISTICS
3678
(R million) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20
Interim Final Final Final Final(rst)
3092
WrkPft -35 - 25 -62 - 37 -75
2505 NetIntPd(Rcd) - 174 - 13 17 5 - 128
Att Inc 120 - 25 - 134 - 25 52
1918 TotCompIncLoss 120 - 28 - 132 - 56
Apr 24 | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |Jan 25 | Feb | Mar | Apr
Ord SH Int 4 140 3 933 3 375 3 222 3 084
FINANCIAL STATISTICS LT Liab 16 840 14 829 9 553 11 022 9 348
(Amts in ZAR’000) Sep 24 Cap Employed 21 399 19 144 13 316 14 643 12 842
Final
Turnover 23 319 199 Mining Ass 24 048 22 552 18 783 15 278 11 787
1 902
Tot Curr Ass
1 627
1 624
1 228
1 444
Op Inc 748 792
NetIntPd(Rcvd) 141 753 Tot Curr Liab 4 407 5 163 7 089 2 013 869
Minority Int - 5 PER SHARE STATISTICS (cents per share)
Att Inc 343 094 HEPS-C (ZARc) 7.36 - 1.36 - 8.24 - 1.48 3.17
TotCompIncLoss 342 637 NAV (ZARc) 254.34 241.62 207.34 197.94 189.46
Fixed Ass 1 152 588 3 Yr Beta 0.15 0.24 0.50 0.27 0.04
Tot Curr Ass 2 819 489 Price Prd End 53 46 105 112 50
Ord SH Int 2 305 397 Price High 80 152 180 290 60
LT Liab 977 953 Price Low 40 40 90 40 35
Tot Curr Liab 903 511 RATIOS
Ret on SH fund 5.79 - 0.64 - 3.97 - 0.76 1.68
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 91.70 Ret on Tot Ass 1.08 - 0.05 - 0.39 - 0.25 0.39
NAV PS (ZARc) 694.56
Price High 3 149
Price Low 1 895
Price Prd End 2 952
RATIOS
Ret on SH Fnd 14.88
Oper Pft Mgn 3.21
D:E 0.25
Current Ratio 3.12
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