Page 213 - Profile's Stock Exchange Handbook - 2025 Issue 3

Profile’s Stock Exchange Handbook: 2025 - Issue 3 JSE - WE

We Buy Cars Holdings Ltd. Wesizwe Platinum Ltd.

ISIN: ZAE000332789 SHORT: WEBUYCARS CODE: WBC SUSPENDED COMPANY
REG NO: 2020/632225/06 FOUNDED: 2020 LISTED: 2024 ISIN: ZAE000075859 SHORT: WESIZWE CODE: WEZ
NATURE OF BUSINESS: In the early 2000s, brothers Faan and Dirk REG NO: 2003/020161/06 FOUNDED: 2003 LISTED: 2005
van der Walt observed that for individual consumers, selling NATURE OF BUSINESS: Wesizwe Platinum Ltd. (Wesizwe) is a
an older vehicle in the South African market was a lengthy and platinum group metals (PGMs) mining company listed on the
difficult process. They established the WeBuyCars brand in 2001 to Johannesburg Stock Exchange (JSE). Wesizwe’s flagship project,
provide vehicle owners with a quick, easy and trusted solution to the Bakubung Platinum Mine (BPM, the mine), is located in the
sell their vehicles. The Company recognised a gap in the market to Bushveld Igneous Complex, near Rustenburg in North West
facilitate efficient vehicle sales which it was able to achieve through province, South Africa.
formalising the preowned motor vehicle market. The ability of SECTOR: Basic Materials--Basic Resrcs--PreciousMet&Min--Plat&PrecMet
customers to efficiently sell or buy a vehicle or to sell their vehicle NUMBER OF EMPLOYEES: 746
to a reputable, trusted company, quickly grew the customer base DIRECTORS: Mabuza V T (ind ne), Ngculu J (ind ne), Qiao F (ne), Yu Q
of WeBuyCars. (ne), Mokhobo D N M (Chair, ind ne), Zou L (CEO, China), Liu J (FD)
SECTOR: ConsDisr--Retail--Retailers--SpecialityRetaillers POSTAL ADDRESS: Private Bag X16, Northlands, 2116
NUMBER OF EMPLOYEES: 0 MORE INFO: www.sharedata.co.za/sdo/jse/WEZ
DIRECTORS: Amoils K B (alt), Kruger N A S (ld ind ne), Mathews B (ne), COMPANY SECRETARY: Azeyech Consulting Services (Pty) Ltd.
Mendelowitz M (ne), Roos W T (ne), Totaram S (ne), van der Walt D J, TRANSFER SECRETARY: CTSE Registry Services (Pty) Ltd.
Holtzhausen J A (Chair, ne), van der Walt A S (CEO), Rein C J (CFO) SPONSOR: PSG Capital (Pty) Ltd.
MAJOR ORDINARY SHAREHOLDERS as at 15 Nov 2024 AUDITORS: SNG Grant Thornton Inc.
Coronation Asset Management 29.75%
I VDW Holdings 10.15% CAPITAL STRUCTURE Authorised Issued
Government Employees Pension Fund 7.97% WEZ Ords no par 2 000 000 000 1 627 827 058
POSTAL ADDRESS: LIQUIDITY: Jul25 Avg 1m shares p.w., R613 465.1(4.5% p.a.)
MORE INFO: www.sharedata.co.za/sdo/jse/WBC
COMPANY SECRETARY: PJC Vorster WESIZWE 40 Week MA MINI 200
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. 180
SPONSOR: Pallidus Capital (Pty) Ltd.,PSG Capital (Pty) Ltd. 160
AUDITORS: PwC Inc. 140
CAPITAL STRUCTURE Authorised Issued 120
WBC Ords no par val 10 000 000 000 417 675 981 100
DISTRIBUTIONS [ZARc] 80 60
Ords no par val Ldt Pay Amt
Interim No 2 3 Jun 25 9 Jun 25 30.00 40
Final No 1 3 Dec 24 9 Dec 24 25.00 2021 2022 2023 2024 2025 20
LIQUIDITY: Jul25 Avg 5m shares p.w., R182.7m(56.6% p.a.)
FINANCIAL STATISTICS
WEBUYCARS 40 Week MA ALSH Jun 24 Dec 23 Dec 22 Dec 21 Dec 20
6500 (R million)
6000 Interim Final Final Final Final(rst)
5500 Wrk Pft - 35 - 25 - 62 - 37 - 75
5000 NetIntPd(Rcd) - 174 - 13 17 5 - 128
4500 Att Inc 120 - 25 - 134 - 25 52
4000 TotCompIncLoss 120 - 28 - 132 - 56
3500 Ord SH Int 4 140 3 933 3 375 3 222 3 084
3000 LT Liab 16 840 14 829 9 553 11 022 9 348
2500 Cap Employed 21 399 19 144 13 316 14 643 12 842
2000 Mining Ass 24 048 22 552 18 783 15 278 11 787
1500 Tot Curr Ass 1 627 1 624 1 444 1 228 1 902
May 2024 Jul 2024 Sep 2024 Nov 2024 Jan 2025 Mar 2025 May 2025 Jul 2025
Tot Curr Liab 4 407 5 163 7 089 2 013 869
PER SHARE STATISTICS (cents per share)
FINANCIAL STATISTICS
Mar 25 Sep 24 HEPS-C (ZARc) 7.36 - 1.36 - 8.24 - 1.48 3.17
(R ‘000) NAV (ZARc) 254.34 241.62 207.34 197.94 189.46
Interim Final 3 Yr Beta 0.15 0.24 0.50 0.27 0.04
Turnover 13 134 574 23 319 199 Price Prd End 53 46 105 112 50
Op Inc 728 694 748 792
NetIntPd(Rcvd) 49 093 141 753 Price High 80 152 180 290 60
Minority Int - - 5 Price Low 40 40 90 40 35
Att Inc 507 021 343 094 RATIOS
TotCompIncLoss 507 733 342 637 Ret on SH fund 5.79 - 0.64 - 3.97 - 0.76 1.68
Fixed Ass 1 477 085 1 152 588 Ret on Tot Ass 1.08 - 0.05 - 0.39 - 0.25 0.39
Tot Curr Ass 3 042 818 2 819 489
Ord SH Int 2 729 094 2 305 397
LT Liab 1 045 941 977 953
Tot Curr Liab 1 028 535 903 511
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 121.80 91.70
DPS (ZARc) 30.00 25.00
NAV PS (ZARc) 653.97 694.56
Price High 4 882 3 149
Price Low 2 885 1 895
Price Prd End 4 212 2 952
RATIOS
Ret on SH Fnd 37.16 14.88
Oper Pft Mgn 5.55 3.21
D:E 0.58 0.62
Current Ratio 2.96 3.12
Div Cover 4.05 3.66 This publication is also
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