1. People's Republic of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Ningbo Jifeng Auto Parts Co., Ltd.

Ningbo Jifeng Auto Parts Co., Ltd.

603997.SS
Ningbo Jifeng Auto Parts Co., Ltd.CN flagShanghai Stock Exchange
11.30
CNY
-0.34
- -
14.38BMarket Cap
Ningbo Jifeng Auto Parts Co., Ltd.
603997.SS
(Shanghai Stock Exchange)

Recent

price

11.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.86
0.95
1.39
1.88
1.74
2.35
2.99
7.07
17.54
15.84
15.98
16.1
19.05
18.06
18.08
16.68
Revenue per Share
0.25
0.27
0.34
0.37
0.29
0.4
0.46
0.16
0.29
-0.26
0.12
-1.27
0.18
-0.46
0.36
-0.36
Basic EPS, GAAP
0.25
0.13
-0.09
-0.03
0.1
-0.04
0.28
1.57
0.16
0.08
-0.02
0.18
0.33
-0.91
0.42
-0.95
Free Cash Flow per Basic Share
0.17
0.12
- -
0.19
0.11
0.09
0.16
0.27
0.38
0.42
0.37
0.21
0.31
0.3
0.29
0.28
Dividend per Share
0.38
0.5
0.81
1.3
1.42
1.64
2.2
1.32
1.81
1.39
1.32
-0.03
0.15
-0.21
0.15
-0.08
Book Value per Share
0.74
0.81
1.15
1.34
2.09
2.36
2.62
0.42
0.34
-0.09
0.81
0.77
1.2
1.7
2.08
1.65
Tangible Book Value per Share
546
545
541
540
601
624
637
1,031
1,027
993
1,053
1,116
1,133
1,232
1,260
1,305
Basic Weighted Avg Shares
469
520
750
1,018
1,048
1,466
1,902
7,282
18,001
15,733
16,832
17,967
21,571
22,255
22,783
21,772
Sales/Revenue/Turnover
31.48
29.13
28.73
23.81
17.83
20.02
19.03
3.16
4.21
1.2
2.29
1.78
3.41
0.88
4.27
1.26
Operating Margin (%)
7
10
13
21
32
39
49
231
744
803
750
743
814
868
936
- -
Depreciation Expense
138
145
184
202
176
250
293
165
298
-258
126
-1,417
204
-567
454
-466
Net Income, GAAP
12.33
12.11
15.59
15.6
15.23
17.22
16.4
28.86
32.62
- -
34.93
- -
28.12
- -
17.05
556.67
Effective Tax Rate (%)
29.46
27.95
24.52
19.81
16.83
17.04
15.4
2.26
1.65
-1.64
0.75
-7.89
0.95
-2.55
1.99
-2.14
Profit Margin (%)
314
310
348
295
796
968
1,128
-1,022
206
-198
446
-8
-1,219
1,638
2,200
1,811
Working Capital
- -
- -
- -
- -
- -
- -
- -
1,271
3,421
3,737
3,537
3,455
2,657
5,139
6,281
5,774
LT Debt
419
500
682
785
1,336
1,545
1,760
5,193
4,984
4,567
4,999
3,775
4,456
4,905
5,629
5,250
Total Equity
- -
28.75
30.6
26.06
14.29
16.84
18.08
2.67
4.57
- -
2.22
- -
5.03
- -
6.09
- -
Return on Invested Capital (%)
- -
60.06
51.49
32.61
21.27
26.17
22.94
4.1
4.42
- -
3.73
- -
7.13
- -
9.73
88.93
Return on Capital (%)
- -
60.46
51.75
35.39
22.65
26.52
24.15
11.96
18.49
-15.96
9.14
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
2,534
2,316
2,307
LT Borrowings
4,571
4,858
5,226
LT Finance Leases
567
560
548
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,266
1,266
1,268
Market Capitalization
10,920
15,026
17,024

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
10,350
10,187
10,789
Cash, Cash Equivalents & STI
2,731
2,255
2,279
Accounts Receivable, Net
4,584
4,592
4,537
Inventories
1,641
1,650
1,778
Total Current Liabilities
8,712
8,365
8,978
Payables & Accruals
- -
- -
- -
ST Debt
2,534
2,316
2,307
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24%
5.57%
14.76%
Free Cash Flow
-186.87%
-325.03%
-147.07%
Net Income, GAAP
-213.4%
-408.59%
-180.03%
Sales/Revenue/Turnover
52.64%
7.87%
2.37%
Total Cash Common Dividend
30.23%
1.4%
-1.44%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,287
5,719
5,900
5,349
22,255
2025
5,037
5,486
6,651
- -
22,783
2026
6,242
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
-0.46
2025
0.08
- -
- -
- -
0.36
2026
0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.3
2025
0.07
- -
- -
- -
0.29
2026
0.06
- -
- -
- -
- -
Similar Companies
Wooshin Systems Co., Ltd. (017370.KS)
Munjal Showa Limited (MUNJALSHOW.NS)
AAPICO Hitech Public Company Limited (AH-R.BK)
Shih-Kuen Plastics Co., Ltd. (4305.TWO)
Kalyani Forge Limited (KALYANIFRG.BO)
TATSUMI Corporation (7268.T)
Business
Ningbo Jifeng Auto Parts Co., Ltd. is a China-based automotive parts manufacturer specializing in the development, production, and sales of automotive interior parts and systems. The company’s core products include passenger car seats, seating headrests, armrests, console systems, operation systems, and innovative thermoplastic solutions; commercial vehicle seating such as truck seats, off-road vehicle components (for tractors, construction machinery, forklifts), train and public bus seating; and functional plastic parts including speaker grills, doors, and electrical air outlets. It serves major OEMs and Tier 1 suppliers including BMW, Audi, VW, Daimler, Tesla, Li Auto, and WM Motor, with operations spanning domestic Chinese production bases in Hefei, Changzhou, Wuhu, Fuzhou, Tianjin, Ningbo, Changchun, Beijing, and Yiwu, alongside ongoing efforts to build passenger car seat production bases in Europe and Southeast Asia. Founded in 1996 and headquartered in Ningbo, China, the company operates within the automotive interior components industry targeting passenger and commercial vehicle markets. In recent developments, Ningbo Jifeng Auto Parts has strategically integrated its acquisition Grammer, reflecting in a concentrated cost structure in 2024 that lays the groundwork for improved business performance and expansion in 2025. The company has secured new orders including a significant front-seat assembly supply deal valued at approximately 1.3 billion yuan, and is accelerating production capacity expansion both domestically and internationally. Significant operational changes include construction of new manufacturing bases and divestment of overseas non-performing assets to optimize profitability. The firm is also advancing new product lines to address electrification and intelligence trends in the automotive sector, intensifying R&D investment in advanced materials and smart manufacturing, and maintaining long-term strategic partnerships with global automotive OEMs and Tier 1 suppliers. Ningbo Jifeng continues to emphasize innovation, quality control, and customer-centric services under its core values of “Simplicity, Practicality, Efficiency.” With a robust product portfolio spanning passenger and commercial vehicle cabins, the company positions itself as a global auto parts brand focusing on sustainable growth and enhanced vehicle safety and comfort. Its strategic expansions, including enhanced production capacity and technology upgrades, aim to substantially boost revenue and market presence in the evolving automotive industry landscape. The company had total sales exceeding RMB 5 billion as of 2024 and anticipates further revenue growth supported by ongoing new energy vehicle projects and global market expansion efforts.