HyUnion Holding Co., Ltd. Class A

HyUnion Holding Co., Ltd. Class A

SSZSE:002537
5.65
CNY
+0.19
(+3.48%)
6.21BMarket Cap
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
4.69
7.57
3.08
6.79
3.19
4.14
4.3
5.04
6.01
6.88
6.67
6.09
6.42
- -
Basic EPS, GAAP
0.09
0.09
0.11
0.6
0.33
0.11
-1.99
0.17
0.23
0.09
0.04
0.04
0.28
- -
Free Cash Flow per Basic Share
-0.15
0.92
0.54
0.84
-0.24
0.04
-0.21
0.17
0.02
-0.09
0.09
-0.21
0.45
- -
Dividend per Share
0.09
0.18
0.07
0.16
0.04
0.06
0.07
0.02
0.01
0.02
0.03
0.03
0.03
0.02
Book Value per Share
2.09
2.11
2.22
5.26
5.57
5.23
3.07
3.25
3.66
3.75
3.58
3.42
3.69
3.82
Tangible Book Value per Share
1.68
1.69
1.58
2.84
3.28
3.15
2.62
2.83
3.27
3.4
3.28
3.13
3.46
3.6
Basic Weighted Avg Shares
666
331
671
388
1,254
1,211
1,234
1,254
1,207
1,141
1,274
1,229
1,073
1,074
Sales/Revenue/Turnover
3,121
2,506
2,065
2,634
3,996
5,011
5,303
6,324
7,250
7,844
8,495
7,488
6,885
- -
Operating Margin (%)
5.37
5.08
3.74
10.09
12.1
8.46
-4.05
3.55
4.35
2.54
3.08
5.63
6.22
- -
Depreciation Expense
80
88
105
121
117
167
206
191
220
243
276
278
268
- -
Net Income, GAAP
59
30
73
233
414
133
-2,456
213
278
103
51
49
300
- -
Effective Tax Rate (%)
17.41
29.88
17.34
13.14
16.63
26.58
- -
16.56
23.85
36.23
41.39
- -
16.4
- -
Profit Margin (%)
1.89
1.2
3.54
8.84
10.36
2.66
-46.31
3.37
3.83
1.31
0.6
0.66
4.36
- -
Working Capital
561
560
354
2,707
3,107
2,718
2,116
2,392
2,596
2,587
1,931
1,556
2,118
2,199
LT Debt
- -
- -
11
1
99
88
66
94
88
250
628
566
329
189
Total Equity
1,596
1,646
1,723
6,746
7,003
6,624
3,902
4,063
4,332
4,429
4,206
4,020
4,333
4,478
Return on Invested Capital (%)
3.86
2.02
0.59
4.91
5.78
2.15
- -
4.88
6.45
2.06
1.26
- -
5.24
- -
Return on Capital (%)
3.17
1.94
4.29
4.98
5.55
1.93
- -
5.24
6.42
2.66
1.82
- -
5.95
- -
Return on Common Equity (%)
4.31
2.14
5.08
5.78
6.11
1.97
-47.5
5.44
6.66
2.36
1.18
1.2
7.2
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,224
1,327
1,580
LT Borrowings
241
200
100
LT Finance Leases
87
86
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,174
1,174
1,174
Market Capitalization
10,637
9,110
6,211

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,276
6,062
6,462
Cash, Cash Equivalents & STI
1,525
1,235
1,882
Accounts Receivable, Net
1,319
1,041
1,140
Inventories
836
940
1,026
Total Current Liabilities
4,159
3,854
4,263
Payables & Accruals
- -
- -
- -
ST Debt
1,224
1,327
1,580
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.01%
1.44%
7.79%
Free Cash Flow
-259.75%
-280.74%
-286.75%
Net Income, GAAP
-139.93%
84.87%
510.98%
Sales/Revenue/Turnover
14.1%
2.25%
-8.05%
Total Cash Common Dividend
11.82%
23.17%
-15.98%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,030
2,103
1,828
1,527
7,488
2025
1,665
1,717
- -
1,783
6,885
2026
1,330
1,479
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
-0.01
- -
0.04
2025
0.05
0.07
- -
0.09
0.28
2026
0.05
0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.01
0.01
0.03
2025
0.01
0.01
- -
0.01
0.03
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Guo Ping Liu
Full Time Employees
3,851
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 1626, Qingwei Road Qingdao SD China 266200
IPO Date
Dec 28, 2010
Business
HyUnion Holding Co., Ltd., founded in 2004 and headquartered in Qingdao, China, is a diversified enterprise primarily engaged in intelligent manufacturing and financial technology services. The company manufactures and sells automotive lightweight components, including steel truck wheels and specialized vehicle frames such as tank trailers and refrigerated trailers. Its core products comprise automotive structural and welding components, transmission parts, wheels, reducers, electric vehicle chassis modules, and high-efficiency motors. HyUnion also operates in the special vehicle industry, producing customized transport solutions for logistics, energy, and cold chain sectors utilized in freight transport, chemical storage, and food distribution. In addition to manufacturing, HyUnion provides mobile information services encompassing domestic and overseas SMS, 5G messaging, business operation support, technical support, and complaint handling, alongside fintech offerings like integrated B2B digital messaging, big data services, cross-border e-commerce platforms, and third-party payment services. In recent years, HyUnion has strategically refocused its fintech operations by divesting its third-party payment subsidiary Union Mobile Pay in 2024 to concentrate on intelligent manufacturing and fintech messaging businesses. The company has demonstrated strong profitability growth in its core manufacturing segment, with a notable 283% increase in net profit excluding non-recurring items in 2024. HyUnion is actively investing in advanced materials such as aluminum, magnesium, and ultra-high-strength steel to enhance lightweight automotive component production and accelerate automation and intelligent manufacturing capabilities. The company maintains strategic partnerships domestically and internationally to bolster its competitiveness in commercial vehicle components and specialized transportation equipment markets. HyUnion is listed on the Shenzhen Stock Exchange under the ticker 002537.SZ and holds a leading position in China's automotive advanced manufacturing landscape. Its largest shareholder is Qingdao Haili Holdings Co., Ltd., which owns approximately 20.6% of the company. Besides automotive and special vehicles, HyUnion has expanded into industrial applications, including inverter compressors, electric tool pumps, and motor components, enhancing its product diversification. Its fintech arm offers integrated messaging services such as ICT, Yinxintong, Cloud MAS, and operator billing and settlement services catering to financial, government, enterprise, and internet sector clients. These diversified offerings position HyUnion to capture opportunities in both traditional automotive markets and emerging fields like new energy vehicles and digital finance technologies in China and abroad. HyUnion Holding Co., Ltd. continues to strengthen its operational efficiency, technological innovation, and global market reach, aiming to be a leading provider of lightweight automotive solutions and intelligent manufacturing products in the evolving automotive and fintech industries.