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    Producer manufacturing

  3. •

    Electrical products
Zhongshan Broad-Ocean Motor Co., Ltd. Class A

Zhongshan Broad-Ocean Motor Co., Ltd. Class A

SSZSE:002249
7.58
CNY
+0.52
(+7.37%)
18.50BMarket Cap
Oct 24Next 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
2.28
2.99
2.88
3.07
3.71
3.64
3.04
3.01
4.4
4.61
4.66
5.05
4.97
- -
Basic EPS, GAAP
0.15
0.2
0.2
0.23
0.18
-1
0.02
0.04
0.11
0.18
0.26
0.37
0.44
- -
Free Cash Flow per Basic Share
0.2
0.17
-0.09
-0.12
-0.22
0.12
0.03
0.17
0.21
0.51
0.6
0.85
0.51
- -
Dividend per Share
0.07
0.12
0.26
0.13
0.12
0.16
0.03
0.01
0.2
0.18
0.16
0.19
0.23
0.3
Book Value per Share
1.83
2.1
2.08
3.62
3.85
2.67
3.01
3.6
3.41
3.49
3.63
3.8
4.01
3.96
Tangible Book Value per Share
1.62
1.54
1.49
1.79
2.05
1.83
2.28
2.95
2.8
2.93
3.11
3.3
3.52
3.47
Basic Weighted Avg Shares
1,436
1,484
1,706
2,215
2,321
2,376
2,681
2,587
2,276
2,373
2,424
2,399
2,461
2,461
Sales/Revenue/Turnover
3,273
4,443
4,912
6,805
8,605
8,638
8,146
7,776
10,017
10,930
11,288
12,113
12,221
- -
Operating Margin (%)
6.69
8.64
7.69
8.46
7.23
2.81
3.79
5.65
5.7
7.25
7.65
7.92
8.61
- -
Depreciation Expense
92
126
165
266
357
396
414
415
470
424
359
378
377
- -
Net Income, GAAP
215
297
341
509
418
-2,376
54
103
250
427
630
888
1,083
- -
Effective Tax Rate (%)
17.47
16.25
14.34
15.88
16.81
- -
73.32
33.75
26.02
25.17
13.82
13.24
13.04
- -
Profit Margin (%)
6.58
6.68
6.95
7.48
4.85
-27.5
0.66
1.33
2.5
3.91
5.58
7.33
8.86
- -
Working Capital
1,706
1,854
1,099
1,977
2,813
3,040
2,650
4,181
4,594
4,115
3,537
3,798
2,522
1,553
LT Debt
- -
4
4
244
889
1,560
755
94
234
232
247
233
363
378
Total Equity
2,763
3,820
3,848
8,894
9,661
6,684
7,265
8,630
8,198
8,413
8,786
9,424
10,078
9,982
Return on Invested Capital (%)
6.91
8.42
7.06
6.5
3.19
- -
0.36
0.91
2.91
5.28
7.69
9.72
11.28
- -
Return on Capital (%)
7.24
7.8
7.38
6.75
4.15
- -
1.19
1.77
2.85
5.27
6.82
9.4
10
- -
Return on Common Equity (%)
8.44
9.58
9.53
8.39
4.72
-30.74
0.8
1.32
3.02
5.21
7.41
9.86
11.3
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
391
317
276
LT Borrowings
130
128
127
LT Finance Leases
232
249
251
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,462
2,466
2,467
Market Capitalization
26,841
22,585
18,502

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,116
10,855
9,725
Cash, Cash Equivalents & STI
2,768
2,957
1,975
Accounts Receivable, Net
2,567
3,260
3,039
Inventories
1,678
1,628
1,914
Total Current Liabilities
7,594
7,966
8,171
Payables & Accruals
- -
- -
- -
ST Debt
391
317
276
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.27%
3.25%
6.94%
Free Cash Flow
53.78%
37.27%
-38.4%
Net Income, GAAP
-32.37%
64.59%
21.99%
Sales/Revenue/Turnover
10.46%
9.88%
0.89%
Total Cash Common Dividend
115.35%
259.35%
23.05%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,722
3,075
3,047
3,270
12,113
2025
3,162
3,079
- -
3,041
12,221
2026
3,039
3,141
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.1
0.09
0.09
0.37
2025
0.12
0.13
- -
0.1
0.44
2026
0.12
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.13
- -
0.06
0.19
2025
- -
0.13
- -
0.1
0.23
2026
- -
0.2
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hai Ming Xu
Full Time Employees
13,102
Sector
Producer manufacturing
Industry
Electrical products
Address
1 Guangfeng Industrial Avenue Zhongshan GD China 528411
IPO Date
Jun 20, 2008
Website
broad-ocean.com
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Business
Zhongshan Broad-Ocean Motor Co., Ltd. (002249.SZ) manufactures and supplies electric motors and drive systems primarily for building ventilation, home appliances, new energy vehicles, and automotive applications; its core products include motors for residential and commercial air conditioners, refrigeration equipment, pumps, washing machines, fans, hermetic compressors, inverter controllers, garage door openers, and motors for automotive, engineering machinery, agriculture, and industrial sectors, as well as vehicle rotating electrical appliances such as generators and starters, new energy vehicle powertrain systems encompassing 3-in-1 and 2-in-1 electric drive assemblies, medium-voltage drive motors, controllers, dual planetary row hybrid systems, high-density motor controllers, and hydrogen fuel cell systems featuring all-in-one controllers, high-power modules, centrifugal compressors, DC/DC converters, electronic pumps, circulation systems, and water pumps. The company, founded in 1994 and headquartered in Zhongshan, Guangdong Province, China, operates globally with significant overseas revenue contribution around 45% of total sales, serving markets in China and international regions through brands including Dayang Motor, Prestolite, Shanghai Edrive, and GNR, and maintains annual production capacities exceeding 80 million units for building and home appliance motors, 6 million units for vehicle rotating appliances, 500,000 to 1 million sets for new energy vehicle powertrains, and 3,000 sets for hydrogen fuel cell systems. Recent developments feature robust profit growth with net income rising 34.6% year-on-year to 602 million yuan in the first half of 2025 amid expanding new energy vehicle and hybrid drivetrain sales representing 15.7% of revenue, alongside a planned 10 million yuan investment in a partnership fund announced in November 2025, while pursuing a Hong Kong listing to capitalize on NEV demand after doubling profits over the prior three years; the company owns subsidiaries such as Prestolite Electric, the world's largest supplier of passenger car generators and starters, and Shanghai Edrive for electric drive systems.