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    Producer manufacturing

  3. •

    Auto parts: OEM
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. Class A

Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. Class A

SSZSE:002284
8.76
CNY
+0.19
(+2.22%)
0.72EPS
13.23P/E
7.01BMarket Cap
Oct 27Next 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
4.76
5.6
4.1
4.74
5.23
4.9
4.21
3.57
4.96
4.97
5.19
5.8
7.55
7.76
Basic EPS, GAAP
0.24
0.3
0.19
0.2
0.11
0.01
-0.13
0.02
0.06
0.09
0.13
0.29
0.66
0.72
Free Cash Flow per Basic Share
0.06
-0.23
-0.33
-0.38
-0.3
0.29
0.2
0.51
0.46
0.27
0.71
0.8
1.36
- -
Dividend per Share
0.08
0.08
0.07
0.12
0.13
0.12
0.02
0.02
0.04
0.15
0.11
0.11
0.05
0.05
Book Value per Share
2.11
3.36
3.5
3.6
3.87
3.78
3.59
3.61
3.63
3.62
3.77
3.94
4.55
4.81
Tangible Book Value per Share
1.85
3.15
3.27
3.34
3.64
3.56
3.38
3.4
3.43
3.43
3.56
3.74
4.32
4.58
Basic Weighted Avg Shares
571
585
747
721
758
797
756
818
732
755
746
734
743
739
Sales/Revenue/Turnover
2,719
3,279
3,059
3,419
3,964
3,904
3,183
2,921
3,631
3,750
3,874
4,260
5,607
5,736
Operating Margin (%)
6.76
6.81
5.28
4.99
4.36
2.38
-0.1
1.22
2.61
2.39
4.37
5.62
9.57
10.62
Depreciation Expense
76
93
107
126
163
192
214
219
220
227
238
237
235
- -
Net Income, GAAP
137
176
142
144
83
8
-98
16
44
68
97
213
490
530
Effective Tax Rate (%)
13.93
13.74
12.58
13.89
17.87
36.18
- -
18.52
9.56
5.52
3.08
5.8
4.56
5.47
Profit Margin (%)
5.04
5.35
4.64
4.22
2.1
0.2
-3.09
0.56
1.21
1.81
2.5
5
8.74
9.24
Working Capital
243
1,225
884
581
1,305
1,228
1,279
1,452
1,612
774
905
1,115
851
989
LT Debt
50
- -
- -
- -
797
836
875
916
947
51
- -
1
3
3
Total Equity
1,251
2,517
2,627
2,708
2,905
2,829
2,689
2,701
2,717
2,711
2,801
2,925
3,381
3,570
Return on Invested Capital (%)
8.81
7.54
4.83
4.3
2.42
0.34
- -
0.35
1.17
1.62
2.27
5.12
10.35
11.6
Return on Capital (%)
10.2
9
5.57
5.22
2.83
1.16
- -
1.63
2.55
3.05
5.01
5.4
10.51
12.01
Return on Common Equity (%)
11.86
9.52
5.61
5.51
3.03
0.28
-3.62
0.62
1.64
2.54
3.55
7.48
15.63
16.16

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,739
1,633
1,180
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
739
739
739
Market Capitalization
11,035
9,741
7,014

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,945
5,919
5,301
Cash, Cash Equivalents & STI
3,603
3,218
3,105
Accounts Receivable, Net
1,097
875
1,181
Inventories
1,015
901
812
Total Current Liabilities
5,094
4,943
4,312
Payables & Accruals
- -
- -
- -
ST Debt
1,739
1,633
1,180
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.69%
4.74%
15.59%
Free Cash Flow
11.19%
36.04%
71.29%
Net Income, GAAP
-106.58%
103.12%
130.18%
Sales/Revenue/Turnover
7.2%
14.49%
31.61%
Total Cash Common Dividend
23.37%
45.75%
-52.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,022
983
1,000
1,256
4,260
2025
1,258
1,343
- -
1,634
5,607
2026
1,358
1,402
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.06
0.07
0.08
0.29
2025
0.14
0.14
- -
0.22
0.66
2026
0.19
0.17
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
0.01
-0.01
0.11
2025
- -
0.05
- -
- -
0.05
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chao Jie Huang
Full Time Employees
3,037
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 1399 Yatai Road Hangzhou ZH China 311203
IPO Date
Aug 28, 2009
Website
apg.cn
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Business
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (002284.SZ) develops, manufactures and sells automotive braking systems, electronic control systems, automated driving systems, in-wheel motors and chassis-by-wire systems principally for passenger cars, commercial vehicles and new energy vehicles. Core products include disc brakes, drum brakes, brake calipers, brake discs, vacuum boosters, brake master cylinders, wheel cylinders, clutch master cylinders and working cylinders; automotive electronic control systems such as anti-lock braking systems (ABS), electronic stability controls (ESC), regenerative anti-lock braking systems (EABS), electronic parking brakes (EPB), electronic power-assisted brakes (iBooster) and integrated electro-hydraulic brake systems (IEHB or IBS); advanced driver assistance systems (ADAS) encompassing 77GHz millimeter-wave radars, corner radars, forward long-range radars, deep learning front cameras, domain controllers and automated valet parking modules; plus new energy vehicle components like hub motors, inverter speed control modules and central controller PCUs. The company, founded in 2000 and headquartered in Hangzhou, China, operates production facilities and subsidiaries across China including in Chongqing, Tianjin, Wuhan and Shanghai, while exporting to North and South America, Europe, the Middle East, Australia and other regions; major customers comprise Volkswagen, General Motors, Honda, Nissan, Stellantis, Geely Auto, Zero Run, FAW Hongqi, Changan and SAIC. In recent developments, the company mass-produces products for over 70 new projects with key OEMs including Geely Auto, Zero Sports, FAW Hongqi, Chongqing Changan, Deep Blue and SAIC Chase as of mid-2025, reflecting accelerated scale effects and profit growth; it secured a vehicle brake project nomination in September 2025 and continues expanding in NEV and intelligent chassis technologies through ongoing R&D investments.