Zhejiang Jinfei Kaida Wheel Co., Ltd. Class A

Zhejiang Jinfei Kaida Wheel Co., Ltd. Class A

SSZSE:002863
4.65
CNY
+0.08
(+1.75%)
2.54BMarket 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
7.01
7.59
7.63
8.12
6.78
7.56
7.73
8.18
7.9
8.6
8.96
8.05
9
- -
Basic EPS, GAAP
0.22
0.21
0.21
0.26
0.16
0.17
0.15
0.17
0.27
0.23
0.15
0.11
0.1
- -
Free Cash Flow per Basic Share
- -
-0.2
0.47
-0.13
-1.41
-0.27
-0.72
-0.94
-0.93
-0.42
-0.78
-1.04
-0.94
- -
Dividend per Share
0.35
0.41
0.29
0.24
0.2
0.32
0.27
0.23
0.19
0.22
0.24
0.2
0.26
0.13
Book Value per Share
1.41
1.62
1.82
2.09
2.41
2.53
2.77
3.74
3.89
4.19
5.37
4.6
4.73
4.71
Tangible Book Value per Share
1.01
1.22
1.41
1.63
1.91
1.99
2.18
3.24
3.39
3.73
4.92
4.14
4.28
4.28
Basic Weighted Avg Shares
281
283
279
282
380
380
381
381
501
491
492
609
599
597
Sales/Revenue/Turnover
1,974
2,144
2,132
2,294
2,580
2,878
2,946
3,115
3,955
4,219
4,409
4,900
5,393
- -
Operating Margin (%)
7.84
9.08
6.78
6.74
7.55
7
7.18
7.82
5.4
5.32
5.32
5.54
5.27
- -
Depreciation Expense
- -
91
101
105
114
125
121
131
168
184
249
280
315
- -
Net Income, GAAP
61
58
57
73
61
65
57
65
135
113
74
67
60
- -
Effective Tax Rate (%)
16.91
20.86
17.13
12.61
13.84
- -
19.85
21.04
1.03
- -
- -
- -
18.74
- -
Profit Margin (%)
3.1
2.71
2.7
3.19
2.36
2.25
1.94
2.08
3.42
2.68
1.67
1.37
1.11
- -
Working Capital
-942
-705
-767
-638
-703
-938
-821
-445
-687
-605
-21
-649
-1,050
-956
LT Debt
40
238
125
220
66
57
536
444
515
703
903
865
1,097
1,026
Total Equity
414
470
523
599
921
965
1,057
1,873
1,947
2,094
2,687
2,761
2,841
2,833
Return on Invested Capital (%)
2.47
2.37
2.13
2.76
2.58
- -
1.84
1.75
3.18
- -
- -
- -
0.95
- -
Return on Capital (%)
8.16
7.81
7.26
7.59
6
- -
5.06
4.55
6.4
- -
- -
- -
2.91
- -
Return on Common Equity (%)
16.61
13.58
11.83
13.26
8.14
6.95
5.73
4.45
7.1
5.61
3.1
2.47
2.15
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,472
3,332
3,886
LT Borrowings
1,080
1,290
947
LT Finance Leases
17
18
79
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
599
599
599
Market Capitalization
3,519
3,237
2,542

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,643
3,989
4,194
Cash, Cash Equivalents & STI
588
539
536
Accounts Receivable, Net
813
921
907
Inventories
1,708
1,989
2,350
Total Current Liabilities
4,692
4,680
5,150
Payables & Accruals
- -
- -
- -
ST Debt
3,472
3,332
3,886
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.53%
9.09%
2.87%
Free Cash Flow
141.58%
22.69%
-11.06%
Net Income, GAAP
5.63%
7.59%
-10.52%
Sales/Revenue/Turnover
9.91%
11.87%
10.06%
Total Cash Common Dividend
9.05%
12.27%
26.55%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
947
1,235
1,173
1,545
4,900
2025
1,215
1,370
- -
1,364
5,393
2026
1,397
1,660
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.03
0.03
0.01
0.11
2025
0.04
0.03
- -
-0.02
0.1
2026
0.05
0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.05
0.07
0.02
0.2
2025
0.06
0.08
- -
0.03
0.26
2026
0.07
0.04
- -
- -
- -

Company Description

CEO
Jian Quan Zhang
Full Time Employees
5,622
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 1588, Xinhong Road Jinhua ZH China 321000
IPO Date
Apr 18, 2017
Business
Zhejiang Jinfei Kaida Wheel Co., Ltd. (002863.SZ) manufactures aluminum alloy wheels for automobiles, motorcycles, and electric bicycles; offers intermediate alloys and aluminum alloy profiles; and provides cast and forged wheels including coating, bright silver, bright black, vacuum evaporation, electroplating, and hardcover variants ranging from 8 to 26 inches, as well as high-end products such as racing, milling, two-piece, and three-piece wheels. The company, founded in 2005 as a sino-foreign joint venture under Zhejiang Jinfei Machinery Group Co., Ltd. and headquartered in Jinhua, Zhejiang Province, China, operates four plants domestically and exports to markets including the United States, Europe, Japan, Southeast Asia, the Middle East, and Australia, serving automakers such as FAW-Volkswagen, Geely, Chery, SAIC-GM-Wuling, Changan, Great Wall Motor, Beijing Benz, and international clients. It maintains annual production capacity of 5.5 million cast aluminum alloy wheels, 0.3 million forged alloy wheels, and 500 molds, supported by advanced CAD/CAM/CAE design, ISO/TS 16949 quality management, and a provincial R&D center with postdoctoral workstation. In recent developments, the company advances a RMB 557.18 million expansion of its Thailand facility in Rayong's CPGC Industrial Park, targeting 2 million new energy vehicle wheels annually by Q4 2025 using a digital "future factory" model to meet demand from Chinese brands like Changan, Great Wall, and BYD in Southeast Asia; reports 2024 revenue growth to RMB 3.29 billion in aluminum alloy wheels plus new segments in extrusion profiles and other businesses; and notes shareholding increases by Jinfei Holdings (1.94% as of March 2025) amid stable operations with total assets over RMB 7 billion.