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Zhejiang Sling Automobile Bearing Co., Ltd.

301550 · SHE · Consumer Cyclical / Auto Parts

117.18CNY-1.00 (-0.85%)

Price History

Full chart

Market Stats

Previous Close118.18
Open118.30
Day Range116.26 – 124.38
52-Week Range50.20 – 146.40
Volume9.77M
Market Cap33.61B
P/E (TTM)222.71
Forward P/E0.00
EPS0.45
Dividend Yield0.30%
Beta0.64
50-Day Avg85.03
200-Day Avg103.41

About

Zhejiang Sling Automobile Bearing Co., Ltd. engages in the research and development, manufacture, and sale of automotive bearings in China. Its product portfolio includes brake systems, such as wheel hub bearing, hub bearing, heavy truck bearing, and wheel bearing kits; and drive systems comprising single-row tapered roller, drive motor, and clutch release bearings. The company also provides dynamical systems, including tensioning wheel series and unidirectional pulleys, as well as power system products, such as automobile engine timing system tensioners, idlers, and one-way pulleys; and non-automotive bearings comprising industrial and construction machinery bearings, agricultural bearings, and hub units for applications in agricultural machinery and engineering machinery bearings. In addition, it offers robot component products that include harmonic reducers, actuator modules, and others. The company was formerly known as Xinchang Shuangling Automotive Bearings Co.,Ltd and changed its name to Zhejiang Sling Automobile Bearing Co., Ltd. in November 2014. Zhejiang Sling Automobile Bearing Co., Ltd. incorporated in 2004 and is based in Shaoxing, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Ling Jiang
  • Employees1.18K
  • HeadquartersNo. 3, Jiangdong Road, Shaoxing, China, 312500, China
  • Websitehttps://www.slingbearings.com

Leadership

  • Mr. Ling JiangGM & Chairman of the Board · b. 1973
  • Ms. Yuanying XuCFO & Accounting Supervisor · b. 1979
  • Ms. Na AnDeputy GM & Board Secretary · b. 1983
  • Mr. Yimin HeR & D Center Consultant · b. 1964

Financials

Income Statement

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Total Revenue749.74M738.12M774.33M788.17M
Growth (%)--1.55%+4.91%+1.79%
Cost of Revenue553.38M501.40M522.50M530.59M
Gross Profit196.36M236.72M251.82M257.58M
Gross Margin26.19%32.07%32.52%32.68%
Operating Expense72.07M76.66M83.37M87.30M
Operating Income124.29M160.07M168.46M170.28M
Operating Margin16.58%21.69%21.76%21.60%
EBITDA162.52M197.70M244.25M221.73M
EBITDA Margin21.68%26.78%31.54%28.13%
Net Income122.58M149.74M190.03M172.60M
Net Income Margin16.35%20.29%24.54%21.90%
R&D32.69M33.35M37.17M37.65M
R&D as % of Total Revenue4.36%4.52%4.80%4.78%
Interest Expense6.72M1.28M104.24K455.70K
Interest Expense % of Total Revenue0.90%0.17%0.01%0.06%

Balance Sheet

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Total Assets950.37M1.97B2.20B2.52B
Total Liabilities433.98M377.04M460.44M685.37M
Total Equity516.39M1.60B1.73B1.84B
Cash371.22M1.21B1.13B1.08B

Cash Flow

Currency: CNY2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow234.72M121.45M215.10M185.81M
Capital Expenditure24.42M47.32M93.37M132.31M
Free Cash Flow210.30M74.13M121.73M53.50M
Dividends Paid3.63M1.36M55.05M76.10M
FCF to OCF89.60%61.04%56.59%28.79%
Dividend Paid to FCF1.73%1.83%45.22%142.24%

Earnings

Report DateSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate------------
EPS Actual0.120.130.140.140.130.160.140.160.120.100.120.11
Surprise------------
Timing------------

Key Statistics & Ratios

Market Cap33.61B
Enterprise Value30.97B
Trailing P/E222.71
Forward P/E0.00
Price / Sales41.09
Price / Book17.31
EPS0.45
Book Value5.47
Revenue (TTM)817.93M
Gross Profit (TTM)258.43M
EBITDA187.33M
Profit Margin18.42%
Operating Margin22.83%
Return on Equity8.30%
Return on Assets4.24%
Shares Outstanding335.35M
Shares Float137.52M
Beta0.64
Dividend Yield0.30%
Dividend Rate0.30
Payout Ratio67.21%

Dividends

20261×
0.21May 29, 2026
20252×
0.10Nov 18, 20250.13May 23, 2025
20242×
0.03Oct 16, 20240.13May 21, 2024

Stock Splits

  • May 29, 20261.45:1
  • Nov 18, 20251.45:1
  • May 23, 20251.45:1