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    Producer manufacturing

  3. •

    Auto parts: OEM
Zhejiang VIE Science & Technology Co., Ltd. Class A

Zhejiang VIE Science & Technology Co., Ltd. Class A

SSZSE:002590
9.65
CNY
+0.27
(+2.88%)
0.41EPS
24.84P/E
5.19BMarket 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
3.06
3.18
4.3
4.75
4.71
4.9
4.6
5.11
6.22
7.04
8.35
8.9
9.53
9.72
Basic EPS, GAAP
0.09
0.18
0.22
0.27
0.26
-0.07
0.26
0.13
0.05
0.15
0.67
0.38
0.41
0.4
Free Cash Flow per Basic Share
-0.15
0.04
0.39
-0.27
-0.12
0.12
0.1
0.09
-0.12
-0.29
0.17
0.03
0.1
- -
Dividend per Share
0.07
0.09
0.1
0.08
0.06
0.08
0.05
0.13
0.09
0.13
0.13
0.04
0.09
0.17
Book Value per Share
1.63
1.79
2.18
3.58
3.94
3.71
3.95
4.01
4
4.09
4.73
5.83
5.88
5.97
Tangible Book Value per Share
1.28
1.43
1.79
3.2
3.44
3.22
3.47
3.53
3.53
3.59
4.24
5.28
5.29
5.39
Basic Weighted Avg Shares
419
416
415
469
483
460
489
493
436
478
477
487
521
516
Sales/Revenue/Turnover
1,283
1,322
1,781
2,232
2,275
2,255
2,249
2,522
2,713
3,364
3,983
4,336
4,960
5,018
Operating Margin (%)
6.21
8.68
7.6
8.86
11.36
7.53
4.12
6.24
2.56
2.99
5.53
7.26
6.29
6.06
Depreciation Expense
52
60
73
77
84
106
127
135
138
145
180
210
226
- -
Net Income, GAAP
36
75
91
127
126
-32
127
64
22
72
320
185
213
208
Effective Tax Rate (%)
16.89
18.29
13.62
17.87
22.61
- -
3.24
24.76
- -
- -
3
9.94
8.84
7.37
Profit Margin (%)
2.78
5.66
5.12
5.68
5.52
-1.43
5.65
2.54
0.8
2.13
8.02
4.27
4.3
4.14
Working Capital
35
91
280
733
653
614
816
789
854
559
703
1,135
1,023
1,020
LT Debt
- -
- -
115
99
- -
100
95
7
123
225
130
39
61
57
Total Equity
698
766
932
1,772
1,949
1,833
1,974
2,002
1,991
2,040
2,354
3,123
3,132
3,184
Return on Invested Capital (%)
2.98
6.47
7.2
7.34
5.85
- -
5.62
2.86
- -
- -
11.7
5.55
5.93
5.64
Return on Capital (%)
5.22
8.57
8.4
7.87
6.22
- -
6.32
3.1
- -
- -
12.23
6.23
6.1
5.99
Return on Common Equity (%)
5.43
10.62
11.14
9.69
6.96
-1.76
6.92
3.36
1.14
3.69
15.11
6.99
7.02
6.9

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
382
387
376
LT Borrowings
45
44
44
LT Finance Leases
16
15
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
519
519
519
Market Capitalization
7,786
6,286
5,191

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,937
3,813
3,930
Cash, Cash Equivalents & STI
806
929
918
Accounts Receivable, Net
1,475
1,088
1,369
Inventories
770
963
990
Total Current Liabilities
2,914
2,771
2,910
Payables & Accruals
- -
- -
- -
ST Debt
382
387
376
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.36%
10.05%
0.31%
Free Cash Flow
-50.47%
-9.52%
262.13%
Net Income, GAAP
-14.99%
96.33%
15.33%
Sales/Revenue/Turnover
11.14%
14.64%
14.39%
Total Cash Common Dividend
22.71%
18.96%
142.43%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
815
1,069
1,147
1,305
4,336
2025
939
1,226
- -
1,500
4,960
2026
940
1,352
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.14
0.12
0.12
0.38
2025
0.06
0.11
- -
0.13
0.41
2026
0.06
0.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Feng Chen
Full Time Employees
4,618
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 3 Junlian Road Zhuji ZH China 311835
IPO Date
May 31, 2011
Website
vie.com.cn
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Business
Zhejiang VIE Science & Technology Co., Ltd. researches, develops, manufactures, and sells automotive chassis control systems for commercial and passenger vehicles primarily in China with operations extending to North America, South America, Europe, Southeast Asia, Australia, and the Middle East; founded in 1985 and headquartered in Zhuji, Zhejiang Province, the company offers core products including air disc brakes, air dryers, spring brakes, air valves, brake chambers, slack adjusters, air lines, pneumatic ABS/EBS/TEBS/TABS, hydraulic disc brakes, hydraulic ABS/ESC/EPB/EPBi, vacuum boosters, electric vacuum pumps, electronic control systems such as AEBS, ESC, ECAS, and XEPS, chassis modules, sub-frames, aluminum alloy lightweight structural parts, wheel end components, intelligent driving systems, wireless charging solutions, and electric vehicle technologies; it serves major OEMs including BYD, Li Auto, GAC, NIO, XPeng, Voyah, IM Motors, Leapmotor, FAW, Dongfeng, and Foton. In recent developments, the company plans to acquire a 40% stake in Changchun FAW Wan'an Braking Control Systems Co., Ltd. from FAWER Automotive Parts for CNY 26.2 million to achieve full ownership of the joint venture, enhancing operational efficiency; it formed a joint venture with Hwaway Technology in March 2025 investing EUR30 million in a new automotive components plant in Tangier, Morocco, to supply North Africa and Europe; additionally, it established Hubei Wan'an Automotive Chassis Systems Co., Ltd. with subsidiaries Anhui Wan'an and Guangxi Wan'an, while a subsidiary secured a front subframe supply contract for a domestic automaker's S-C platform valued at approximately RMB 280 million over five years starting mass production in 2027.