Wanxiang Qianchao Co., Ltd. Class A

Wanxiang Qianchao Co., Ltd. Class A

SSZSE:000559
11.55
CNY
+1.05
(+10.00%)
0.32EPS
40.58P/E
42.87BMarket Cap
Mar 31Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.04
4.28
4.46
3.88
4.05
4.12
3.75
3.74
4.38
3.93
4.41
3.92
4.01
3.75
Basic EPS, GAAP
0.23
0.31
0.34
0.3
0.32
0.26
0.19
0.15
0.21
0.24
0.25
0.29
0.31
0.32
Free Cash Flow per Basic Share
0.41
0.36
0.34
0.25
0.26
-0.17
0.27
0.32
0.24
0.25
0.25
0.29
0.41
- -
Dividend per Share
0.31
0.16
0.35
0.27
0.13
0.23
0.23
0.08
0.23
0.22
0.33
0.21
0.24
0.44
Book Value per Share
1.51
1.73
1.87
1.9
1.83
1.89
1.89
2.6
2.59
2.63
2.68
2.77
2.63
2.49
Tangible Book Value per Share
1.41
1.65
1.77
1.8
1.76
1.82
1.82
2.55
2.53
2.56
2.61
2.7
2.56
2.41
Basic Weighted Avg Shares
2,290
2,295
2,297
2,779
2,755
2,758
2,821
2,907
3,269
3,371
3,286
3,279
3,341
3,317
Sales/Revenue/Turnover
9,262
9,829
10,242
10,786
11,154
11,362
10,581
10,882
14,322
13,255
14,487
12,868
13,391
12,424
Operating Margin (%)
7.95
9.61
9.47
9.7
9.46
7.33
6.39
6.48
5.88
5.66
7.33
9.8
9.7
10.87
Depreciation Expense
317
340
363
400
403
441
477
492
504
489
489
472
481
- -
Net Income, GAAP
531
707
779
834
882
723
536
436
686
809
822
951
1,036
1,057
Effective Tax Rate (%)
13.52
11.9
9.32
11.22
10.34
7.67
7.9
11.91
7.66
4.39
11.03
7.95
11.16
10.25
Profit Margin (%)
5.73
7.19
7.6
7.73
7.9
6.36
5.07
4.01
4.79
6.1
5.67
7.39
7.73
8.51
Working Capital
1,566
2,038
2,606
1,197
1,696
2,033
2,054
4,706
5,927
2,584
1,779
3,549
3,597
2,638
LT Debt
1,665
1,596
1,499
18
3
653
653
47
935
946
179
1,270
1,125
1,764
Total Equity
3,843
4,359
4,689
4,724
5,392
5,463
5,448
8,845
8,784
8,920
9,050
9,348
8,934
8,477
Return on Invested Capital (%)
8.81
11.75
12.6
13.63
14.52
11.05
7.66
5.07
6.48
6.89
6.35
6.75
7.06
6.35
Return on Capital (%)
10.13
13.46
14.45
14.82
14.71
11.74
8.53
5.62
7.1
7.96
7.41
7.96
8.27
7.56
Return on Common Equity (%)
13.97
19.02
18.85
19.32
18.76
14.08
10.29
6.32
8
9.38
9.36
10.56
11.59
11.93

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,034
6,743
7,119
LT Borrowings
1,100
1,455
1,738
LT Finance Leases
25
25
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,315
3,315
3,315
Market Capitalization
57,024
51,156
42,868

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,688
16,561
16,844
Cash, Cash Equivalents & STI
7,296
7,615
7,843
Accounts Receivable, Net
3,302
3,125
3,136
Inventories
3,191
3,463
3,102
Total Current Liabilities
12,092
13,982
14,206
Payables & Accruals
- -
- -
- -
ST Debt
5,034
6,743
7,119
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.95%
0.23%
-4.43%
Free Cash Flow
-36.72%
10.05%
45.89%
Net Income, GAAP
5.18%
20.29%
8.89%
Sales/Revenue/Turnover
3.29%
5.27%
4.06%
Total Cash Common Dividend
18.74%
45.87%
13.68%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,746
3,619
3,020
3,484
12,868
2025
3,498
3,412
- -
2,985
13,391
2026
2,804
3,223
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.06
0.07
0.07
0.29
2025
0.09
0.07
- -
0.08
0.31
2026
0.07
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.17
0.02
0.01
0.21
2025
0.02
0.2
- -
0.01
0.24
2026
0.02
0.22
- -
- -
- -

Company Description

CEO
Liao Chen
Full Time Employees
8,777
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Wanxiang Road Hangzhou ZH China 311215
IPO Date
Jan 10, 1994
Business
Wanxiang Qianchao Co., Ltd. (000559.SZ) manufactures and sells automotive components, providing modularized, systematic solutions including universal joints, drive shafts, constant velocity drive shafts, wheel hub units, bearings, brakes, automotive electronics, transmission systems, braking systems, suspension systems, chassis modules, fuel tanks, and exhaust aftertreatment systems; it supplies Mercedes-Benz, BMW, Toyota, Volkswagen, General Motors, Ford, FAW, SAIC, GAC, and Sinotruk. Founded in 1969 and listed on the Shenzhen Stock Exchange in 1994, the company, a subsidiary of Wanxiang Group Corporation, is headquartered in Hangzhou, Zhejiang Province, China, with operations spanning China and international markets in over 30 countries including the United States, Mexico, Poland, Türkiye, Germany, Brazil, Canada, and the United Kingdom. In recent developments, Wanxiang Qianchao plans to acquire 100% of Wanxiang America Corporation (WAC), incorporating overseas assets such as Neapco Holdings, Wanxiang Automotive Components, and Wanxiang Automotive Components Europe focused on drivetrains and steering systems for global clients like Ford, BMW, and Stellantis; it has established robotics as its third strategic business unit after bearings and chassis systems, advancing core components including humanoid robot skeletal parts, joint bearings, ball screws, planetary roller screws, and reducers.