1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Xuchang Yuandong Drive Shaft Co.Ltd

Xuchang Yuandong Drive Shaft Co.Ltd

002406.SZ
Xuchang Yuandong Drive Shaft Co.LtdCN flagShenzhen Stock Exchange
6.92
CNY
-0.12
- -
5.05BMarket Cap
Xuchang Yuandong Drive Shaft Co.Ltd
002406.SZ
(Shenzhen Stock Exchange)

Recent

price

6.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.03
1.83
1.55
1.97
2.11
1.65
1.84
2.68
3.04
3.15
3.74
3.24
1.77
1.94
1.73
2.11
1.9
Revenue per Share
0.37
0.35
0.22
0.22
0.23
0.16
0.21
0.33
0.48
0.49
0.56
0.38
0.12
0.14
0.16
0.21
0.17
Basic EPS, GAAP
-0.5
-0.34
0.15
-0.15
0.23
0.12
0.1
0.1
0.09
0.33
0.24
0.25
0.4
-0.16
0.09
0.06
-0.01
Free Cash Flow per Basic Share
0.08
0.11
0.1
0.1
0.15
0.1
0.1
0.15
0.32
0.05
0.25
0.26
0.09
0.1
0.1
0.15
- -
Dividend per Share
1.04
1.31
1.42
1.53
1.58
2.14
2.25
2.33
2.46
2.9
3.17
3.07
3.15
3.03
2.8
2.83
2.84
Book Value per Share
3.47
3.34
3.43
3.56
3.5
3.48
3.61
3.74
3.74
4.63
5.26
4.91
5.07
5.38
4.96
5.02
5.1
Tangible Book Value per Share
501
564
558
558
561
561
557
567
565
556
579
618
607
672
740
744
710
Basic Weighted Avg Shares
1,015
1,031
864
1,102
1,187
926
1,024
1,523
1,720
1,754
2,165
2,006
1,074
1,307
1,277
1,569
1,346
Sales/Revenue/Turnover
20.26
21.4
14.63
12.58
11.61
10.64
10.69
13.46
15
17.83
17.18
12.69
5.32
7.12
9.89
13.92
10.75
Operating Margin (%)
23
35
44
50
56
59
79
85
97
107
111
109
116
119
135
130
- -
Depreciation Expense
185
197
120
126
129
92
117
187
271
273
324
235
73
94
118
156
120
Net Income, GAAP
15.39
14.72
13.05
15.21
14.27
16.09
14.98
14.36
11.59
13.35
12.49
12.07
3.9
12.93
15.62
23.44
18.06
Effective Tax Rate (%)
18.25
19.14
13.88
11.39
10.88
9.98
11.42
12.3
15.78
15.54
14.98
11.71
6.78
7.2
9.27
9.96
8.91
Profit Margin (%)
1,339
1,363
1,387
1,296
1,285
1,180
1,213
1,309
1,271
2,397
2,602
2,109
2,580
2,048
2,131
2,717
2,124
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
678
436
458
479
- -
- -
- -
- -
LT Debt
1,827
1,969
2,032
2,102
2,147
2,184
2,245
2,348
2,440
2,894
3,354
3,434
3,490
4,014
4,059
4,113
4,006
Total Equity
14.58
9.97
5.55
5.75
5.61
3.87
4.26
7.75
9.67
9.12
8.92
5.88
1.41
2.03
2.63
4.11
2.98
Return on Invested Capital (%)
38.33
31.46
15.65
14.62
14.54
8.31
9.53
14.53
19.47
14.81
14.3
10.31
3.3
4.38
5.55
6.97
5.74
Return on Capital (%)
42.7
31.24
15.66
15.26
14.81
8.85
9.54
14.57
20.03
18.14
18.8
12.59
3.83
4.76
5.76
7.48
5.94
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
41
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
730
730
730
Market Capitalization
5,468
5,438
5,417

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,705
2,697
2,768
Cash, Cash Equivalents & STI
1,325
1,251
1,316
Accounts Receivable, Net
387
480
510
Inventories
515
520
527
Total Current Liabilities
574
504
644
Payables & Accruals
- -
- -
- -
ST Debt
41
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.73%
4.29%
1.32%
Free Cash Flow
-5.13%
-53.91%
-32.35%
Net Income, GAAP
14.14%
-1.92%
32.01%
Sales/Revenue/Turnover
8.6%
-2.32%
22.9%
Total Cash Common Dividend
- -
5.36%
50.03%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
315
334
307
321
1,277
2025
337
381
492
- -
1,569
2026
403
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.16
2025
0.04
- -
- -
- -
0.21
2026
0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -
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Business
Xuchang Yuandong Drive Shaft Co Ltd (002406.SZ) engages primarily in the research, development, production and sale of non-constant velocity transmission shafts, constant velocity drive shafts and related components for commercial vehicles, passenger cars, engineering machinery, loaders, cranes and special vehicles. The company's core products encompass four series of non-constant velocity drive shafts covering heavy-duty, medium-duty, light-duty and engineering applications with more than 8,000 varieties and an annual production capacity of six million units; constant velocity drive shafts mainly for new energy vehicles and passenger cars with capacity expansion plans to two million units annually; drive shaft assemblies including universal joints and center bearings; and forged parts with annual output of 150,000 tons. It operates production facilities equipped with 1,200 sets of professional equipment and 162 U-shaped CNC production lines, serving domestic original equipment manufacturers such as SAIC-GM-Wuling, Jiangling and BAIC alongside international exports to markets including the United States. Founded in 1953 and recognized by China's Ministry of Machinery as the first professional drive shaft manufacturer in 1969, the company restructured into a limited liability entity in 2004, listed on the Shenzhen Stock Exchange in 2010 and maintains headquarters at No. 1699, North Section of Weiwu Avenue, Jian'an District, Xuchang City, Henan Province, China. In December 2022, Xuchang Yuandong announced plans to invest approximately CNY 50 million to acquire a 60.98% equity stake in Henan Sanjia Automotive Parts Co Ltd, a specialist in drive shaft assemblies, through capital increases to strengthen capabilities in universal joints and center bearings; it previously acquired a 54.73% stake in joint venture Xuchang Qianchao Yuandong Auto Parts Co Ltd from partner Wanxiang Qianchao Co Ltd in June 2018 for CNY 14.81 million. The company continues expansion into new energy vehicle supply chains, reporting sales of CNY 1.22 billion in automotive parts for fiscal 2024 with foreign revenue rising to CNY 145 million, and maintains active R&D collaborations including the Henan Province Auto Parts Intelligent Heat Treatment Technology Academician Workstation.