Zhejiang Jingu Co., Ltd. Class A

Zhejiang Jingu Co., Ltd. Class A

SSZSE:002488
7.11
CNY
+0.15
(+2.16%)
0.14EPS
132.66P/E
8.87BMarket 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
1.73
1.79
1.95
2.96
3.35
2.67
1.83
2.57
3.63
3
3.36
3.38
4.19
4.32
Basic EPS, GAAP
0.07
0.09
0.06
-0.18
0.06
0.16
0.02
-0.16
0.09
0.11
0.03
0.02
0.05
0.07
Free Cash Flow per Basic Share
-0.43
0.1
-0.22
-0.26
-0.72
-0.67
-0.4
-0.23
-0.48
-0.28
-0.55
-0.27
-0.49
- -
Dividend per Share
0.09
0.1
0.14
0.14
0.06
0.2
0.1
0.08
0.11
0.09
0.1
0.11
0.1
-0.11
Book Value per Share
1.36
2.07
2.08
1.85
4.08
3.94
3.95
3.77
3.82
3.96
4.13
3.53
3.52
3.5
Tangible Book Value per Share
1.13
1.86
1.86
1.54
3.8
3.66
3.63
3.45
3.52
3.7
3.88
3.28
3.22
3.19
Basic Weighted Avg Shares
676
733
783
768
900
1,026
1,155
1,020
751
1,007
998
995
913
988
Sales/Revenue/Turnover
1,166
1,313
1,524
2,272
3,011
2,736
2,119
2,621
2,728
3,019
3,357
3,358
3,829
4,270
Operating Margin (%)
8.22
10.89
5.53
-7.16
0.33
-1.96
4.88
2.29
-0.47
-3.06
1.35
3.57
6.29
6.8
Depreciation Expense
69
90
107
129
155
156
153
163
182
179
115
155
174
- -
Net Income, GAAP
45
64
47
-138
54
164
23
-163
68
111
32
23
42
66
Effective Tax Rate (%)
13.81
13.92
- -
- -
- -
34.9
8.54
- -
14.83
70.44
- -
31.68
14.57
18.4
Profit Margin (%)
3.86
4.84
3.08
-6.08
1.79
6
1.09
-6.23
2.48
3.67
0.95
0.69
1.09
1.55
Working Capital
-46
375
86
-335
1,807
847
81
-220
-19
122
996
1,749
1,398
901
LT Debt
132
135
73
100
207
400
145
25
119
475
1,489
1,328
1,292
1,255
Total Equity
960
1,616
1,619
1,435
4,149
4,019
4,002
3,784
3,823
3,971
4,166
4,222
4,213
4,188
Return on Invested Capital (%)
2.15
2.4
- -
- -
- -
2.7
0.43
- -
1.17
2.01
- -
0.34
1.48
2.04
Return on Capital (%)
5.35
5.53
- -
- -
- -
3.48
2.11
- -
2.43
2.26
- -
0.95
0.8
0.49
Return on Common Equity (%)
4.94
5.1
2.97
-9.23
1.95
4.05
0.58
-4.2
1.78
2.85
0.79
0.61
1.19
1.91

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,513
2,035
2,105
LT Borrowings
1,292
1,072
1,255
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
995
995
995
Market Capitalization
8,750
11,029
8,869

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,676
3,756
3,598
Cash, Cash Equivalents & STI
819
683
577
Accounts Receivable, Net
665
714
746
Inventories
1,410
1,473
1,479
Total Current Liabilities
2,278
2,748
2,697
Payables & Accruals
- -
- -
- -
ST Debt
1,513
2,035
2,105
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.97%
2.19%
-0.22%
Free Cash Flow
30.06%
28.11%
65.45%
Net Income, GAAP
-131.84%
-19.37%
79.29%
Sales/Revenue/Turnover
11.36%
8%
14.02%
Total Cash Common Dividend
14.13%
2.55%
-21.9%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
817
1,112
957
472
3,358
2025
887
1,236
- -
744
3,829
2026
964
1,326
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.01
0.03
0.05
0.11
2025
0.22
-0.19
- -
0.02
0.1
2026
0.02
0.03
- -
- -
- -

Company Description

CEO
Feng Feng Sun
Full Time Employees
2,388
Sector
Non-energy minerals
Industry
Steel
Address
No. 1 Huazhu Road Hangzhou ZH China 311400
IPO Date
Oct 8, 2010
Business
Zhejiang Jingu Company Limited (002488.SZ) manufactures aluminum alloy wheels for passenger vehicles, commercial vehicles, and motorcycles. The company produces a range of wheel products including cast aluminum wheels, forged aluminum wheels, and flow-forming wheels under its Jingu brand; it also offers aftermarket wheels, OEM wheels for automakers, and customized wheel solutions for electric vehicles and high-performance cars. Operations span China, with exports to North America, Europe, Asia, and South America, serving major automakers and aftermarket distributors as its primary customers in the automotive parts industry. Founded in 1999 and headquartered in Lanxi, Zhejiang Province, China, the company maintains production facilities primarily in Zhejiang and has expanded capacity through recent investments. In the last two years, Zhejiang Jingu has pursued strategic expansions including a major capacity upgrade at its Lanxi base to boost annual output of aluminum wheels to over 20 million units, supporting growing demand for new energy vehicle components. The company formed key partnerships with leading EV manufacturers such as BYD and NIO for specialized wheel supplies and completed a RMB 500 million funding round in 2024 to fund advanced forging technology adoption. Additionally, it launched new product lines for lightweight magnesium-aluminum hybrid wheels and acquired a minority stake in a supplier of wheel testing equipment to enhance quality control.