Zhongtong Bus Holding Co., Ltd. Class A

Zhongtong Bus Holding Co., Ltd. Class A

SSZSE:000957
9.05
CNY
+0.05
(+0.56%)
0.85EPS
11.02P/E
5.55BMarket Cap
Oct 28Next 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
6.77
7.56
14.08
15.64
13.24
10.26
11.37
7.44
7.74
8.9
7.16
9.67
13.17
14.05
Basic EPS, GAAP
0.22
0.59
0.79
0.99
0.32
0.06
0.06
0.04
-0.37
0.17
0.12
0.42
0.65
0.85
Free Cash Flow per Basic Share
-0.04
0.1
-1.5
-0.18
-1.77
-1.33
1.23
0.42
1.43
1.94
0.73
2.41
2.01
- -
Dividend per Share
0.05
0.09
0.19
0.4
0.12
0.56
0.31
0.24
0.13
0.09
0.05
0.05
0.14
0.06
Book Value per Share
1.67
2.23
3.6
4.36
4.7
4.55
4.62
4.67
4.32
4.49
4.6
4.97
5.3
5.7
Tangible Book Value per Share
0.98
1.55
3.07
3.85
4.07
3.94
3.75
3.83
3.48
3.7
3.84
4.23
4.59
5.05
Basic Weighted Avg Shares
475
478
505
592
593
593
593
593
593
593
593
593
556
565
Sales/Revenue/Turnover
3,217
3,612
7,114
9,257
7,852
6,079
6,741
4,408
4,587
5,276
4,244
5,734
7,329
7,935
Operating Margin (%)
3.9
4.21
9.43
10.78
5.71
4.92
4.03
-0.99
-3.35
3.21
6.73
7.09
7.77
8.32
Depreciation Expense
26
31
53
63
71
75
83
98
97
99
104
102
95
- -
Net Income, GAAP
105
280
399
586
191
37
33
24
-220
98
70
249
360
479
Effective Tax Rate (%)
18.5
16.26
18.35
15.87
16.31
20.95
24.45
5.31
- -
20.43
33.53
7.32
12.58
12.52
Profit Margin (%)
3.25
7.74
5.61
6.33
2.44
0.6
0.49
0.53
-4.79
1.86
1.64
4.35
4.91
6.04
Working Capital
143
-44
1,157
1,549
2,480
2,886
2,162
2,322
1,115
1,169
1,296
1,660
1,475
1,844
LT Debt
245
99
220
6
750
1,178
697
776
- -
- -
- -
- -
90
90
Total Equity
798
1,072
2,143
2,585
2,785
2,697
2,739
2,772
2,559
2,663
2,729
2,944
3,141
3,378
Return on Invested Capital (%)
6.16
18.15
18.98
27.03
5.02
0.7
0.53
0.41
- -
2.61
2.35
9.96
14.21
14.42
Return on Capital (%)
10.03
20.14
22.01
25.95
7.51
3.6
2.26
2.73
- -
3.67
2.7
8.52
11.48
14.57
Return on Common Equity (%)
14.08
30.05
24.95
24.81
7.12
1.33
1.22
0.85
-8.24
3.77
2.58
8.79
11.82
14.99

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
107
110
109
LT Borrowings
90
90
90
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
593
593
593
Market Capitalization
6,771
6,830
5,550

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,565
7,702
7,865
Cash, Cash Equivalents & STI
3,230
3,655
4,616
Accounts Receivable, Net
2,819
2,427
1,739
Inventories
1,026
1,105
840
Total Current Liabilities
6,090
6,117
6,021
Payables & Accruals
- -
- -
- -
ST Debt
107
110
109
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.14%
2.69%
6.68%
Free Cash Flow
96.64%
84.89%
-21.77%
Net Income, GAAP
-104.48%
-180.98%
44.18%
Sales/Revenue/Turnover
3.11%
12.49%
27.82%
Total Cash Common Dividend
44.3%
9.94%
174%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,282
1,474
1,478
1,500
5,734
2025
1,693
2,248
- -
1,674
7,329
2026
1,782
2,232
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.12
0.14
0.09
0.42
2025
0.13
0.19
- -
0.14
0.65
2026
0.2
0.31
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.04
- -
- -
0.05
2025
0.03
- -
- -
0.05
0.14
2026
- -
- -
- -
- -
- -

Company Description

CEO
Peng Cheng Li
Full Time Employees
3,550
Sector
Consumer durables
Industry
Motor vehicles
Address
No. 261 Huanghe Road Liaocheng SD China 252000
IPO Date
Jan 13, 2000
Business
Zhongtong Bus Holding Co., Ltd. (000957.SZ) manufactures and sells a comprehensive range of buses in China and for export markets. The company produces coaches, city buses, group buses, school buses, vans, electric vehicles, hybrid buses, trolleybuses, luxury coaches, double-decker buses, public transport buses, commuter buses, special vehicles including negative pressure ambulances, and recreational vehicles; its product portfolio spans 5.5 to 27 meters in length across more than 140 varieties in categories such as road passenger transport, urban transit, tourism, group commuting, high-end business, and school transportation, marketed under brands including Navigator, Sparkling, Cruise, Compass, Magnate, Spring, Elegance, Fashion, BRT, Luxury Business, TOP, Bova, Caesar, Creator, Catch, Sunny, and Explorer. Founded in 1958 as Liaocheng Vehicle Manufacturing and Repair Factory with bus production starting in 1971, the company lists on the Shenzhen Stock Exchange since 2000 and maintains headquarters in Liaocheng, Shandong Province, China, on a 934,000 square meter site employing over 4,000 staff with capacity for 30,000 new-energy and energy-saving buses annually utilizing Netherlands BOVA technology; it operates primarily in domestic markets while exporting to countries including the United States, France, Spain, Argentina, Russia, Mexico, Pakistan, Singapore, Germany, and Austria. In June 2021, Zhongtong Bus Co., Ltd. changed its name to Zhongtong Bus Holding Co., Ltd.; most recently in November 2025, it entered a strategic partnership with Pakistan's Ghandhara Industries Limited for distribution of completely built-up luxury buses starting in Q1 2026 and local assembly by mid-2026, marking expansion into Pakistan's premium transport segment; the company continues emphasis on innovation with over 571 patents, participation in national standards and projects like the 863 program and new energy vehicle initiatives, and prior advancements such as its first electric bus launch in 2016.