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ZYNP Corporation. Class A

ZYNP Corporation. Class A

SSZSE:002448
10.45
CNY
-0.45
(-4.13%)
1.05EPS
13.08P/E
7.24BMarket Cap
Apr 23Next Earn
ZYNP Corporation. Class A
SZSE:002448
(Shenzhen Stock Exchange)

Recent

price

10.45

P/E

ratio

13.08

div

yld

3.71%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.09
2.11
2.07
1.89
1.84
1.88
2
2.53
2.61
2.54
3.04
4.06
3.85
4.89
5.68
6.71
7.69
Revenue per Share
0.26
0.27
0.29
0.28
0.31
0.33
0.36
0.47
0.46
0.15
0.25
0.35
0.28
0.53
0.35
0.7
0.94
Basic EPS, GAAP
-0.16
-0.43
0.12
- -
-0.16
0.15
0.32
0.21
-0.31
0.01
0.01
0.07
0.67
0.35
-0.06
-0.01
- -
Free Cash Flow per Basic Share
0.03
0.05
0.07
0.07
0.09
0.1
0.12
0.13
0.16
0.17
0.14
0.16
0.17
0.17
0.18
0.19
0.39
Dividend per Share
1.92
2.15
2.77
2.99
3.22
3.45
3.71
3.95
4.46
4.36
4.56
4.8
5.25
5.69
5.91
6.4
6.69
Book Value per Share
1.79
2.03
2.72
2.94
3.02
3.23
3.5
2.9
3.36
3.28
3.45
3.72
4.07
4.39
4.77
5.28
5.58
Tangible Book Value per Share
394
463
494
588
588
588
588
594
612
587
598
603
597
586
583
585
587
Basic Weighted Avg Shares
822
976
1,023
1,110
1,084
1,104
1,175
1,504
1,597
1,490
1,820
2,449
2,302
2,864
3,310
3,922
4,515
Sales/Revenue/Turnover
15.54
15.38
15.05
15.33
15.61
15.71
16.27
21.87
18.62
9.04
11.34
10.56
9.32
12.23
12.45
14.68
15.37
Operating Margin (%)
36
38
59
64
87
112
114
122
128
136
178
206
211
217
225
253
- -
Depreciation Expense
104
126
143
162
181
193
215
279
281
88
150
211
167
311
204
409
552
Net Income, GAAP
17.74
15.7
16.06
16.99
13.43
12.33
12.39
17.54
15.35
12.07
12.99
8.71
9.75
8.31
16.03
12.98
10.31
Effective Tax Rate (%)
12.66
12.91
13.99
14.64
16.72
17.48
18.25
18.56
17.62
5.91
8.22
8.62
7.27
10.85
6.16
10.44
12.23
Profit Margin (%)
597
305
1,004
676
532
880
843
992
698
849
442
593
788
819
1,425
1,328
2,008
Working Capital
103
2
82
2
2
201
1
696
388
681
337
461
301
67
416
260
468
LT Debt
890
996
1,632
1,775
1,919
2,057
2,218
2,441
2,750
2,684
2,948
3,095
3,333
3,746
3,910
4,244
4,440
Total Equity
12.56
11.14
9.3
8.58
8.66
8.47
8.66
9.8
7.99
1.71
3.85
5.22
4.16
7.21
4.98
9.39
10.13
Return on Invested Capital (%)
14.53
12.08
10.32
9.22
9.39
9.27
9.52
10.37
9.03
3.4
4.61
5.8
4.68
7.29
4.16
7.33
9.71
Return on Capital (%)
17.53
13.36
10.89
9.58
9.93
9.85
10.2
12.2
11.02
3.29
5.55
7.48
5.59
9.65
5.97
11.3
14.67
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
698
660
565
LT Borrowings
254
349
461
LT Finance Leases
7
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
588
588
588
Market Capitalization
7,608
8,220
7,237

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,166
3,612
3,624
Cash, Cash Equivalents & STI
459
493
599
Accounts Receivable, Net
1,179
1,313
1,301
Inventories
938
1,116
1,110
Total Current Liabilities
1,838
1,708
1,616
Payables & Accruals
- -
- -
- -
ST Debt
698
660
565
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.6%
7.6%
8.54%
Free Cash Flow
103.37%
263.92%
-81.6%
Net Income, GAAP
21.57%
34.5%
100.75%
Sales/Revenue/Turnover
14.31%
17.4%
18.49%
Total Cash Common Dividend
7.35%
5.43%
3.24%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
835
860
769
846
3,310
2025
950
993
- -
1,055
3,922
2026
1,192
1,276
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
0.1
-0.05
0.35
2025
0.19
0.21
- -
0.14
0.7
2026
0.34
0.25
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.14
0.01
0.01
0.18
2025
0.01
0.14
- -
0.03
0.19
2026
0.01
0.21
- -
- -
- -
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Business
ZYNP Corporation ZYNP Corporation (002448.SZ), founded in 1958 and headquartered in Mengzhou, China, stands as the world's largest manufacturer of cylinder liners and a leading global supplier of power piston assembly systems; the company designs, develops, manufactures, tests, and sells core engine components including cylinder liners, pistons, piston rings, and complete friction pair modular solutions under the "Heyang Brand," which commands over 15% international market share and 45% domestic share; it also produces automotive electronics such as electronically controlled actuators and controllers, smart driving products, smart equipment, bimetal brake drums, hydrogen fuel cell components like bipolar plates and air compressors, precision iron castings, forgings for drive shafts, transmissions, e-axles, and high-pressure aluminum die castings, alongside international trade and end-to-end supply chain services. These products serve passenger cars, commercial vehicles, construction machinery, agricultural machinery, shipbuilding, garden machinery, air compressors, military applications, and emerging electric and hydrogen vehicle sectors, primarily targeting OEMs among its strategic partners such as General Motors, Ford, Chrysler, Cummins, Caterpillar, Navistar, John Deere, Mercedes-Benz, Volkswagen, Volvo, DAF, Fiat, Peugeot, Citroen, FAW, Dongfeng, SAIC, Weichai, Sinotruk, Yuchai, Changan, and YTO. Geographically, ZYNP Corporation operates across China and internationally through 26 subsidiaries, including three overseas entities in the United States, Germany, and Russia, three international joint ventures with British GKN Group and Germany Rheinmetall Group for green energy-saving cylinder liners, and five overseas R&D centers supporting Euro VI and State VI emission standards. In recent developments, the company completed its first overseas acquisition to bolster North American and German platforms, absorbed and merged wholly-owned subsidiaries as announced in 2025, increased investment quotas for overseas subsidiaries, secured designations from international customers for its holding subsidiary, launched advanced automotive electronically controlled actuators via ZYNP Novotec (Shanghai), intelligent production lines praised by Jaguar Land Rover through ZYZX Wisdorm, and smart driving technologies via Shenzhen Vastfly, while reporting strong 2025 semi-annual results with revenue up 14.60% to 1.943 billion yuan and net profit up 32.03% to 234 million yuan.