Zhejiang Wanliyang Co., Ltd. Class A

Zhejiang Wanliyang Co., Ltd. Class A

SSZSE:002434
5.99
CNY
0.00
(0.00%)
7.94BMarket Cap
Apr 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
1.4
1.37
1.96
3.59
3.75
3.23
3.82
4.62
4.18
3.92
4.52
4.51
- -
- -
Basic EPS, GAAP
0.14
0.19
0.21
0.3
0.48
0.26
0.3
0.47
-0.59
0.23
0.23
0.18
- -
- -
Free Cash Flow per Basic Share
0.01
0.12
0.02
-0.44
-0.26
-0.07
0.19
0.43
0.04
0.22
0.01
-0.06
- -
- -
Dividend per Share
0.05
0.07
0.13
0.17
0.15
0.21
0.24
0.14
0.5
0.07
0.04
0.35
- -
0.16
Book Value per Share
1.99
2.13
2.27
4.14
4.51
4.45
4.6
4.96
4.03
4.26
4.49
4.37
- -
4.46
Tangible Book Value per Share
1.88
2.01
1.78
2.67
3.07
3.01
3.25
3.68
3.47
3.69
3.85
3.76
- -
3.95
Basic Weighted Avg Shares
1,016
1,008
1,008
1,041
1,340
1,352
1,334
1,313
1,313
1,305
1,309
1,333
1,313
1,344
Sales/Revenue/Turnover
1,425
1,382
1,973
3,732
5,030
4,371
5,100
6,065
5,487
5,113
5,913
6,013
- -
- -
Operating Margin (%)
6.61
12.38
14.12
10.77
15.52
12.06
11.31
12.14
7.2
7.38
7.78
6.45
- -
- -
Depreciation Expense
81
84
110
188
312
321
394
458
516
435
441
496
- -
- -
Net Income, GAAP
146
192
212
312
643
352
400
617
-775
300
301
240
- -
- -
Effective Tax Rate (%)
12.07
15.21
17.01
17.98
17.35
16.8
3.88
8.6
- -
- -
7.9
9.33
- -
- -
Profit Margin (%)
10.21
13.86
10.73
8.37
12.78
8.04
7.85
10.18
-14.12
5.87
5.09
3.99
- -
- -
Working Capital
620
1,906
384
1,190
1,604
314
696
515
322
737
488
478
- -
636
LT Debt
- -
745
792
749
750
26
50
- -
95
203
346
640
- -
101
Total Equity
2,115
2,259
2,418
5,648
6,170
6,080
6,235
6,688
5,446
5,601
5,942
5,845
- -
5,858
Return on Invested Capital (%)
6.35
6.83
5.6
5.14
9.07
4.71
5.14
7.69
- -
- -
4.05
3.28
- -
- -
Return on Capital (%)
7.18
7.98
6.2
5.9
8.93
5.63
6.38
8.44
- -
- -
4.77
3.58
- -
- -
Return on Common Equity (%)
7.37
9.11
9.43
7.91
11.02
5.81
6.58
9.63
-12.86
5.46
5.24
4.13
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1,045
1,202
LT Borrowings
- -
177
99
LT Finance Leases
- -
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,313
1,313
1,313
Market Capitalization
12,509
10,330
7,941

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
3,784
3,585
Cash, Cash Equivalents & STI
- -
430
330
Accounts Receivable, Net
- -
1,093
1,132
Inventories
- -
1,259
1,166
Total Current Liabilities
- -
3,150
2,949
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,045
1,202
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,218
1,520
1,555
1,719
6,013
2025
1,324
1,488
- -
- -
- -
2026
914
1,045
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
0.06
-0.01
0.18
2025
0.08
0.13
- -
- -
- -
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.31
0.01
0.01
0.35
2025
0.01
0.11
- -
- -
- -
2026
- -
0.05
- -
- -
- -

Company Description

CEO
Yong Ting Gu
Full Time Employees
3,771
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 3999, Binhong West Road Jinhua ZJ China 321000
IPO Date
Jun 1, 2010
Website
zjwly.com
Business
Zhejiang Wanliyang Co., Ltd. (002434.SZ) engages in the research, development, production, and sale of automotive transmissions and transmission/drive system products for passenger cars, commercial vehicles, and new energy vehicles. The company offers a comprehensive portfolio including passenger vehicle transmissions such as 5MT, 6MT, CVT, and AT models; commercial vehicle transmissions for logistics trucks, heavy-duty dumpers, buses, and municipal vehicles; new energy drive systems encompassing pure electric vehicle (EV) reducers, three-in-one and all-in-one electric drive systems, ECVT electric drive systems, passenger car DHT hybrid systems, commercial vehicle hybrid systems, and off-road transmission/drive systems; as well as gear shafts, covers, and other precision auto parts. It supplies major OEMs including Geely, Chery, BYD, BAIC Foton, Dongfeng Motor, Sinotruk, FAW Group, JMC, Yutong Bus, and Hyundai Motor, with annual production capacities exceeding 1 million units for MT transmissions, 500,000 units for CVT, and 1 million units for commercial vehicle transmissions. The company operates primarily in China through multiple production bases centered in Zhejiang Province, including facilities in Jinhua, Ningbo, and Wuhu in Anhui, serving domestic and international markets with cumulative exports reaching 1.5 million units for passenger transmissions. Founded in 2003 and headquartered at No. 3999 Binhong West Road, Jinhua City, Zhejiang Province, it employs over 5,000 people and maintains total assets nearing 11 billion yuan, positioning it as a leading enterprise in China's automotive transmission industry recognized for national high-tech status and technological innovation. Recent developments include the 2022 completion of a 51% stake acquisition in subsidiary Zhejiang Wanliyang Energy Technology Co., Ltd. to bolster new energy capabilities; subsidiary capital increases in 2025 introducing management team ownership for enhanced governance; active R&D and customer expansion into robotics products such as motors, harmonic drives, planetary gear reducers, and joint modules; and the launch of the EC40A coaxial reducer with cooperation agreements secured among Chinese customers. In 2025, the company reported positioning its harmonic drive and planetary gear reducer products for humanoid robot applications while advancing smart factory initiatives, including recognition as a Zhejiang Province advanced smart factory. These efforts underscore strategic expansions into new energy vehicles, electrification, and emerging sectors like robotics amid robust first-half performance growth exceeding 50%.