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Fuxin Dare Automotive Parts Co Ltd

300473 · SHE · Consumer Cyclical / Auto Parts

56.72CNY-0.34 (-0.60%)

Price History

Full chart

Market Stats

Previous Close57.06
Open58.16
Day Range56.51 – 60.28
52-Week Range19.96 – 39.18
Volume18.93M
Market Cap6.35B
P/E (TTM)36.03
Forward P/E0.00
EPS1.02
Dividend Yield0.00%
Beta0.75
50-Day Avg26.07
200-Day Avg30.86

About

Fuxin Dare Automotive Parts Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of automotive parts systems in China and internationally. It operates through Pumps and Electronics Products; Noise Reduction, Heat Insulation and Lightweight Products, and Automotive Interior Products segments. The company offers noise reduction (NHV), thermal, and lightweight products comprising interior solutions consisting of air ducts, dash inner, roof reinforcements, I/P lower panels, door water shields, and rear shelves; exterior solutions, including underbody panels, NVH tunnels, tank insulators and brackets, brake shields, and retaining straps; powertrain solutions, such as engine top covers, battery and dash insulation, thermal shield turbochargers, sound insulation hoods, close to engine encapsulation, and encapsulation refrigerating compressors; and new energy vehicles solutions, which include motor encapsulation, insulation main floor, encapsulation of electric refrigerating compressors, and battery cover foils and shields. It also provides electric pumps and motors, and mechanical pumps, such as hydraulic steering and electro-hydraulic steering pumps, hydraulic retarders, electronic oil and electronic duplex pumps, brushless DC motors, and clutch shift motors for use in automotive steering, transmission, and braking systems; electronic control and automotive electronic products consisting of actuator motors, seat, body, electro-hydraulic steering pumps, and transmission electronic pump controllers, as well as body electronics; commercial vehicle auxiliary braking products; and new energy reserve products, such as solid-state batteries, membrane electrodes, and hydrogen dispensers. In addition, the company engages in business management; and real estate leasing and management activities. Fuxin Dare Automotive Parts Co., Ltd. was founded in 2004 and is based in Fuxin, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Yi Li
  • Employees4.06K
  • HeadquartersNo. 59, Development Street, Fuxin, China, 123004, China
  • Websitehttps://www.dare-auto.com

Leadership

  • Mr. Yi LiGM & Chairman · b. 1966
  • Mr. Feng ZhangCFO & Director · b. 1985
  • Mr. Zhang LeiSecretary of the Board & Director · b. 1970
  • Min ZhangAccounting Supervisor

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue509.22M538.84M612.38M674.48M694.57M622.68M2.54B3.82B3.86B3.39B3.66B4.04B4.30B4.51B5.44B
Growth (%)-+5.82%+13.65%+10.14%+2.98%-10.35%+308.06%+50.37%+1.05%-12.30%+8.20%+10.14%+6.54%+4.98%+20.50%
Cost of Revenue317.69M338.68M382.96M426.56M428.89M382.21M1.77B2.83B2.86B2.65B2.89B3.40B3.47B3.65B4.41B
Gross Profit191.53M200.16M229.42M247.92M265.68M240.47M774.80M987.05M1.00B734.89M778.63M637.51M829.45M864.96M1.02B
Gross Margin37.61%37.15%37.46%36.76%38.25%38.62%30.49%25.83%25.97%21.70%21.25%15.80%19.29%19.16%18.84%
Operating Expense60.93M64.13M78.23M97.18M106.89M117.00M607.43M811.03M883.28M1.11B750.53M1.55B817.81M808.19M746.66M
Operating Income130.59M136.03M151.19M150.74M158.80M123.47M167.38M176.01M119.37M-378.88M28.09M-912.20M11.64M56.77M277.79M
Operating Margin25.65%25.24%24.69%22.35%22.86%19.83%6.59%4.61%3.09%-11.19%0.77%-22.61%0.27%1.26%5.11%
EBITDA149.17M157.92M175.67M189.17M196.54M173.48M313.80M402.14M373.44M-115.01M276.89M-658.29M281.39M257.57M535.15M
EBITDA Margin29.29%29.31%28.69%28.05%28.30%27.86%12.35%10.52%9.67%-3.40%7.56%-16.31%6.54%5.71%9.84%
Net Income117.74M123.39M131.08M134.69M138.21M109.71M131.34M134.14M59.89M-422.81M23.56M-916.30M12.88M32.43M157.07M
Net Income Margin23.12%22.90%21.40%19.97%19.90%17.62%5.17%3.51%1.55%-12.49%0.64%-22.71%0.30%0.72%2.89%
R&D2.31M6.48M11.92M26.47M27.30M33.40M140.36M112.80M184.49M169.83M180.77M207.67M184.97M206.95M212.53M
R&D as % of Total Revenue0.45%1.20%1.95%3.92%3.93%5.36%5.52%2.95%4.78%5.02%4.93%5.15%4.30%4.59%3.91%
Interest Expense324.91K2.21M1.49M1.97M891.71K324.67K59.19M109.30M107.62M92.48M78.76M74.01M81.89M64.13M50.65M
Interest Expense % of Total Revenue0.06%0.41%0.24%0.29%0.13%0.05%2.33%2.86%2.79%2.73%2.15%1.83%1.90%1.42%0.93%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets661.32M809.64M908.12M1.08B1.88B1.96B4.27B4.72B4.96B4.61B4.66B4.23B4.16B3.70B4.66B
Total Liabilities219.18M262.69M285.12M341.37M369.30M440.02M2.59B2.78B2.68B2.64B2.53B2.74B2.59B2.14B2.83B
Total Equity426.57M531.21M621.98M727.00M1.50B1.51B1.66B1.92B2.26B1.94B2.11B1.47B1.56B1.55B1.83B
Cash189.87M263.12M281.04M352.46M993.83M916.98M301.61M362.74M315.26M312.64M243.24M571.83M545.48M247.56M368.57M
Total Debt33.50M30.00M30.00M30.00M5.21M13.14M228.25M1.45B1.09B1.31B1.39B1.38B794.28M560.68M-
Net Debt-156.37M-233.12M-251.04M-322.46M-988.63M-903.84M-73.36M1.09B770.24M997.85M1.15B803.58M248.79M313.12M158.34M

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow32.42M133.83M130.13M138.80M160.91M198.22M41.79M123.85M239.06M319.51M39.34M293.87M359.59M474.51M448.81M
Investing Cash Flow-23.20M-30.55M-86.11M-30.09M-123.99M-173.05M-217.49M-355.05M-302.02M-74.62M-201.20M-164.42M-105.64M-143.15M-
Financing Cash Flow13.15M-29.95M-26.09M-39.36M601.13M-101.16M-438.25M268.56M-90.31M-270.48M118.22M131.47M-204.34M-606.27M-
Capital Expenditure24.95M58.03M71.45M36.61M130.49M176.50M335.87M358.92M205.86M146.15M202.80M194.10M197.91M198.67M240.37M
Free Cash Flow7.48M75.81M58.68M102.19M30.41M21.72M-294.09M-235.07M33.20M173.36M-163.46M99.77M161.68M275.84M208.44M
Dividends Paid25.26M24.10M29.09M40.44M37.16M100.00M105.63M159.68M31.55M13.67M81.91M72.23M46.93M69.84M48.00M
FCF to OCF23.06%56.64%45.10%73.62%18.90%10.96%-703.80%-189.81%13.89%54.26%-415.49%33.95%44.96%58.13%46.44%
Dividend Paid to FCF337.85%31.79%49.57%39.58%122.18%460.43%-35.92%-67.93%95.01%7.89%-50.11%72.39%29.03%25.32%23.03%

Earnings

Report DateOct 23, 2015Feb 29, 2016Apr 22, 2016Aug 24, 2016Oct 26, 2016Dec 31, 2016Apr 21, 2017Aug 8, 2017Oct 25, 2017Jan 26, 2018Apr 24, 2018Aug 23, 2018Oct 25, 2018Dec 31, 2018Apr 24, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 28, 2020Aug 27, 2020Oct 29, 2020Dec 31, 2020Apr 28, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Mar 12, 2024May 21, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024May 21, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate--------------------------------------------
EPS Actual0.390.130.260.360.270.200.300.330.280.400.460.540.48-0.150.250.150.160.030.12-0.740.10-3.190.220.11-0.07-0.050.03-0.24-0.09-5.82-0.160.200.030.010.040.080.040.050.150.190.190.460.270.28
Surprise--------------------------------------------
TimingPre-marketAfter-hoursPre-marketPre-marketAfter-hours-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hours-Pre-market------------------After-hoursAfter-hours---After-hours-----

Key Statistics & Ratios

Market Cap6.35B
Enterprise Value6.91B
Trailing P/E36.03
Forward P/E0.00
Price / Sales1.18
Price / Book3.22
EPS1.02
Book Value11.31
Revenue (TTM)5.40B
Gross Profit (TTM)1.03B
EBITDA442.02M
Profit Margin3.24%
Operating Margin5.10%
Return on Equity9.50%
Return on Assets3.43%
Shares Outstanding172.66M
Shares Float110.96M
Beta0.75
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20221×
0.05Jun 28, 2022
20201×
0.12Jul 10, 2020
20191×
0.30Jun 14, 2019
20182×
0.30Sep 20, 20180.30May 29, 2018
20171×
0.26Jun 23, 2017
20161×
1.00May 31, 2016