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Zhejiang Qianjiang Motorcycle Co., Ltd. Class A

Zhejiang Qianjiang Motorcycle Co., Ltd. Class A

SSZSE:000913
10.81
CNY
+0.25
(+2.37%)
5.40BMarket Cap
Oct 28Next Earn
Zhejiang Qianjiang Motorcycle Co., Ltd. Class A
SZSE:000913
(Shenzhen Stock Exchange)

Recent

price

10.81

P/E

ratio

- -

div

yld

5.63%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
8.14
8.35
8.05
7.28
5.28
4.76
4.95
5.91
6.82
8.3
7.99
9.5
12.45
9.67
11.54
10.35
- -
Revenue per Share
0.15
-0.04
0.02
0.03
-0.43
-0.29
0.72
0.18
0.14
0.5
0.53
0.52
0.92
0.88
1.29
1.87
- -
Basic EPS, GAAP
-0.88
-0.92
-0.11
-0.34
-0.21
0.21
0.38
-0.06
-0.41
0.45
0.87
0.08
1.28
0.51
1
-1.82
- -
Free Cash Flow per Basic Share
0.03
0.03
0.04
0.12
0.06
0.03
0.01
0.11
0.02
0.03
0.45
- -
- -
0.27
0.79
0.92
0.61
Dividend per Share
3.14
3.11
5.05
4.94
4.57
4.41
5.16
5.43
5.43
5.95
6.05
6.6
7.45
8.41
9.1
10.19
9.87
Book Value per Share
2.79
2.74
4.62
4.51
4.17
4.03
4.83
5.11
5.11
5.68
5.78
6.32
6.68
7.75
8.37
9.51
9.21
Tangible Book Value per Share
466
440
456
451
455
449
456
460
453
456
452
454
454
527
523
523
522
Basic Weighted Avg Shares
3,788
3,673
3,673
3,287
2,404
2,139
2,258
2,716
3,089
3,785
3,612
4,309
5,648
5,098
6,031
5,414
- -
Sales/Revenue/Turnover
3.68
1.07
1.44
1.14
-4.13
-3.07
-1.64
3.56
3.76
7.9
10.92
7.56
6.89
6.36
7.63
4.41
- -
Operating Margin (%)
91
84
80
85
98
97
97
95
79
95
85
83
103
126
133
142
- -
Depreciation Expense
70
-18
9
14
-196
-130
328
83
63
228
240
238
416
464
677
977
- -
Net Income, GAAP
47.86
- -
126.52
99.25
- -
- -
23.23
22.64
35.24
25.18
29.34
7.38
16.94
10.25
2.69
19.6
- -
Effective Tax Rate (%)
1.84
-0.48
0.25
0.41
-8.14
-6.09
14.54
3.05
2.05
6.02
6.63
5.51
7.36
9.1
11.22
18.05
- -
Profit Margin (%)
1,622
1,314
1,034
1,023
930
796
988
977
1,142
1,246
1,290
1,371
1,950
3,427
3,640
2,650
2,075
Working Capital
2
4
2
2
2
2
38
14
- -
- -
2
27
17
11
392
126
23
LT Debt
1,468
1,459
2,332
2,278
2,096
2,031
2,366
2,524
2,495
2,674
2,684
3,014
3,512
4,446
4,799
5,373
5,190
Total Equity
3.63
- -
-0.22
0.01
- -
- -
14.03
3.36
1.5
8.48
9.03
8.82
13.35
12.4
15.03
19.11
- -
Return on Invested Capital (%)
5.47
- -
0.89
1.04
- -
- -
15.15
3.59
3.76
11.23
10.57
8.58
13.28
12.13
14.4
18.61
- -
Return on Capital (%)
5.03
-1.24
0.49
0.6
-9.07
-6.39
15.12
3.44
2.57
8.84
8.8
8.28
12.81
11.71
14.67
19.23
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11
11
13
LT Borrowings
105
105
4
LT Finance Leases
21
21
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
527
527
526
Market Capitalization
8,120
8,778
5,396

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,829
6,594
6,707
Cash, Cash Equivalents & STI
4,023
3,772
4,054
Accounts Receivable, Net
611
707
652
Inventories
1,625
1,575
1,593
Total Current Liabilities
4,179
4,070
4,632
Payables & Accruals
- -
- -
- -
ST Debt
11
11
13
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.49%
15.06%
11.96%
Free Cash Flow
159.51%
237.02%
-282.19%
Net Income, GAAP
-0.94%
35.2%
44.39%
Sales/Revenue/Turnover
10.62%
9.74%
-10.22%
Total Cash Common Dividend
1,680.21%
2,973.09%
17.14%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,345
1,915
1,664
1,107
6,031
2025
1,334
1,739
- -
988
5,414
2026
1,023
1,703
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.27
0.4
0.23
0.4
1.29
2025
0.17
0.35
- -
1.25
1.87
2026
-0.07
0.27
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.41
- -
0.37
0.79
2025
0.01
0.41
- -
- -
0.92
2026
- -
0.6
- -
- -
- -
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Business
Zhejiang Qianjiang Motorcycle Co., Ltd. is a leading Chinese motorcycle manufacturer founded in 1985 and headquartered in Wenling, Zhejiang Province. The company specializes in the research, development, design, manufacture, and sale of motorcycles, scooters, mopeds, engines, and motorcycle accessories under multiple brands including QJMOTO, Benelli, Keeway, and KSRMOTO. Its product range spans from 50cc scooters to high-performance motorcycles with displacements up to 1130cc, covering categories such as sport bikes, cruisers, adventure bikes, electric motorcycles, and off-road vehicles including ATVs and mini dirt bikes. The company also produces garden tools and vacuum pumps. Zhejiang Qianjiang Motorcycle operates globally, exporting over 22% of its products to 136 countries and maintains production capacity of 1.5 million two-wheeled vehicles and 2 million engines annually. It runs R&D centers in China and Europe, collaborating with experts from Italy, Austria, Japan, Germany, and France. Zhejiang Qianjiang is a subsidiary of Geely Group and is listed on the Shenzhen Stock Exchange under ticker 000913.SZ. In recent developments, Zhejiang Qianjiang Motorcycle has expanded its product lineup with several new releases in 2024 including models under QJMOTO, Benelli, and QJMOTOR Electric Technologies targeting diverse market segments such as scooters, sport bikes, cruisers, ADVs, ATVs, and new energy vehicles. It formed a strategic partnership with MV Agusta in 2023 to distribute high-performance motorcycles in China and continues innovations in engine technology, including the launch of new four-cylinder engines and the development of a Supermono V-twin engine. The company is expanding its international footprint through cooperative manufacturing and brand partnerships, exemplified by joint ventures for motorcycle suspensions with Marzocchi and increasing production of motorcycles sold under various brand names globally. These initiatives align with its mission to build a global first-class motorcycle company known for combining European design, Japanese quality, and competitive Chinese cost structures. Zhejiang Qianjiang Motorcycle remains focused on growing its presence in the US, European, and Chinese markets while pioneering new energy and electric motorcycle offerings slated for future launches.