Beijing WKW Automotive Parts Co.,Ltd.

Beijing WKW Automotive Parts Co.,Ltd.

002662.SZ
Beijing WKW Automotive Parts Co.,Ltd.CN flagShenzhen Stock Exchange
3.32
CNY
-0.07
- -
4.98BMarket Cap
Beijing WKW Automotive Parts Co.,Ltd.
002662.SZ
(Shenzhen Stock Exchange)

Recent

price

3.34

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
1.29
1.56
1.43
1.5
1.99
2.39
6.44
4.49
3.56
2.42
2.67
2.41
2.37
2.43
2.1
1.99
2.03
Revenue per Share
0.31
0.34
0.32
0.27
0.35
0.3
0.85
0.25
0.06
-1.39
0.08
0.07
0.29
0.34
0.24
0.17
0.18
Basic EPS, GAAP
0.1
0.2
0.2
-0.06
-0.1
0.06
0.34
-0.29
-0.82
0.39
0.46
0.17
0.19
0.08
0.29
-0.05
-0.46
Free Cash Flow per Basic Share
0.05
0.13
0.1
0.13
0.13
0.15
0.4
0.34
0.13
0.07
0.11
0.03
0.02
0.08
0.11
0.08
0.08
Dividend per Share
0.64
0.84
1.16
1.22
1.5
1.35
3.23
2.53
2.06
0.68
0.81
0.83
1.08
1.35
1.5
1.56
1.54
Book Value per Share
0.78
1
2.14
2.2
2.56
1.98
4.38
2.83
2.98
1.83
2.03
2.06
2.24
2.46
2.62
2.68
2.64
Tangible Book Value per Share
899
897
1,162
1,196
1,230
1,512
748
1,267
1,520
1,498
1,407
1,459
1,507
1,481
1,475
1,464
1,430
Basic Weighted Avg Shares
1,162
1,402
1,660
1,799
2,447
3,616
4,812
5,688
5,411
3,630
3,754
3,509
3,578
3,601
3,095
2,911
2,901
Sales/Revenue/Turnover
39.99
33.71
29.64
23.3
22.49
16.3
16.47
13.53
-4.98
2.12
16.7
13.45
14.56
14.91
13.63
12.44
11.9
Operating Margin (%)
24
31
41
62
97
162
211
221
246
264
254
255
243
251
262
262
- -
Depreciation Expense
277
307
372
317
430
453
635
317
91
-2,083
113
102
437
503
354
249
261
Net Income, GAAP
23.4
25.03
24.12
27.21
24.18
21.52
24.94
19.14
74.06
- -
46.65
48.1
12.57
12.61
11.93
20.43
14.93
Effective Tax Rate (%)
23.79
21.92
22.4
17.62
17.59
12.54
13.2
5.57
1.69
-57.37
3
2.91
12.21
13.98
11.44
8.55
9
Profit Margin (%)
465
575
1,990
2,046
2,139
2,309
2,606
208
-429
114
392
686
905
1,119
1,378
970
642
Working Capital
- -
- -
- -
- -
34
1,583
3,079
1,992
- -
50
2
- -
- -
- -
29
- -
29
LT Debt
746
977
2,623
2,820
4,183
4,421
4,842
5,188
5,133
3,054
3,166
3,268
3,705
4,104
4,308
4,448
4,312
Total Equity
49.15
37.56
20.33
11.08
11.67
8.95
8.46
7.99
-1.02
- -
8.92
6.35
11.28
10.82
7.9
5.78
6.23
Return on Invested Capital (%)
30.92
31.03
29.29
18.48
24.75
15.99
15.6
8.85
2.9
- -
10.11
7.04
23.37
23.16
14.07
9.14
10.49
Return on Capital (%)
59.37
46.51
35.44
22.62
26.12
23.34
28.51
11.28
2.88
-100.29
10.45
8.72
30.83
27.72
16.81
11.1
12.23
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
522
515
632
LT Borrowings
29
29
29
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,500
1,500
1,500
Market Capitalization
6,085
5,506
4,891

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,325
2,283
2,046
Cash, Cash Equivalents & STI
953
973
578
Accounts Receivable, Net
630
479
618
Inventories
459
479
444
Total Current Liabilities
947
893
1,405
Payables & Accruals
- -
- -
- -
ST Debt
522
515
632
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.44%
7.12%
3.27%
Free Cash Flow
7.96%
10.82%
-118.35%
Net Income, GAAP
-229.52%
54.9%
-29.69%
Sales/Revenue/Turnover
-0.7%
-4.78%
-5.93%
Total Cash Common Dividend
31.72%
59.17%
-24.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
832
780
763
720
3,095
2025
662
757
767
- -
2,911
2026
647
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
- -
- -
0.24
2025
0.03
- -
- -
- -
0.17
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.11
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
- -
Business
Beijing Fengjing Automotive Parts Co., Ltd. (formerly Beijing WKW Automotive Parts Co., Ltd.) researches, develops, manufactures and sells interior and exterior trim systems for passenger cars in China and internationally. Founded in 2002 and headquartered at 1501, 15/F, Building 7, No. 16 Xinya Street, Daxing District, Beijing, China, the company operates through Exterior Decoration Parts, Interior Decoration Parts, and Other Products and Services segments; it maintains production facilities including Qin Huangdao Fengjing Automotive Parts Co., Ltd., Wuxi WKW Automotive Parts Co., Ltd., Changchun Fengjing Automotive Parts Co., Ltd., Yantai Fengjing Automotive Parts Co., Ltd., Chengdu WKW Automotive Parts Co., Ltd., Foshan WKW Automotive Parts Co., Ltd., Qin Huangdao WKW Faurecia Automotive Interior Co., Ltd. and Wuxi比亚 Automotive Parts Co., Ltd. Core products encompass luggage racks, roof water strips, door lower guard plates, auxiliary instrument panels, electroplating parts, side beams, door exteriors, door frames, corner windows, B and C pillars, aluminum/wood interior trims, door frame water cuts, grilles, large door sill plates, wheel covers, wind windows, threshold plates, anti-collision beams, audio decorative strips, ashtray covers, center console interior parts and strips, door handle decorative frames, center console decorative parts, dashboards, inner decorative strips, interior decorative door frames, dashboard electroplating and decorative rings; the company supplies major automotive manufacturers such as SAIC Motor, FAW Group, Volkswagen, BMW and Toyota, with exports to over 30 countries including Europe and North America accounting for approximately 35-40% of sales. In April 2025, the company changes its name from Beijing WKW Automotive Parts Co., Ltd. to Beijing Fengjing Automotive Parts Co., Ltd.; it reports first quarter 2025 earnings, approves final cash dividend on A shares for 2024 payable May 16, 2025, invests heavily in R&D including over CNY 500 million in 2023 and CNY 200 million projected for electric vehicle components by end-2024, secures contract wins worth CNY 1.2 billion in first half 2023 from partnerships with SAIC Motor and FAW Group, upgrades manufacturing facilities with CNY 800 million investment in 2022 boosting capacity 15%, and pursues strategic expansions such as global partnerships, sustainable practices targeting 30% carbon footprint reduction by 2025, and increased focus on electric vehicle and lightweight components amid industry shifts to electrification.