Changshu Automotive Trim Co

603035 · SHG · Consumer Cyclical / Auto Parts

10.25CNY-0.05 (-0.49%)

Price History

Full chart

Market Stats

Previous Close10.30

Open10.31

Day Range10.24 – 10.44

52-Week Range9.98 – 19.00

Volume2.74M

Market Cap3.85B

P/E (TTM)15.22

Forward P/E0.00

EPS0.69

Dividend Yield1.56%

Beta0.36

50-Day Avg10.81

200-Day Avg13.03

About

Jiangsu Changshu Automotive Trim Group Co., Ltd. engages in the research and development, production, and sales of automotive interior parts assembly products in China and internationally. The company provides door panel assemblies, instrument panel assemblies, sub-instrument panel assemblies, pillar assemblies, trunk assemblies, coat rack assemblies, and underbody panels, as well as molds, inspection tools, and automated equipment design and manufacturing. The company was formerly known as Changshu Automotive Trim Co., Ltd. and changed its name to Jiangsu Changshu Automotive Trim Group Co., Ltd. In September 2020. The company was founded in 1992 and is based in Changshu, China.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMr. Xiaochun Luo
Employees6.14K
HeadquartersNo. 288, Haiyu North Road, Changshu, China, 215500, China
Websitehttps://www.caip.com.cn

Leadership

Mr. Xiaochun LuoFounder, Chairman of the Board, & GM · b. 1956
Mr. Zheng Fang LuoChief Financial Officer · b. 1975
Mr. Feng SunDeputy GM & Director · b. 1981
Ms. Xi Fang LuoExecutive VP, Deputy GM & Board Secretary · b. 1977
Ms. Weiqing WangDeputy General Manager · b. 1968
Mr. Hongwei QinDeputy General Manager · b. 1967
Da Peng ChenHead of Accounting Department

Financials

Income Statement

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	678.22M	821.08M	851.85M	1.09B	1.02B	1.44B	1.34B	1.46B	1.82B	2.22B	2.62B	3.67B	4.60B	5.67B	7.11B
Growth (%)	-	+21.06%	+3.75%	+27.76%	-6.17%	+40.70%	-6.78%	+9.29%	+24.62%	+21.57%	+18.28%	+39.73%	+25.45%	+23.23%	+25.46%
Cost of Revenue	479.82M	581.22M	599.70M	780.30M	739.46M	1.11B	1.06B	1.19B	1.43B	1.74B	2.01B	2.88B	3.67B	4.87B	6.24B
Gross Profit	198.41M	239.86M	252.16M	308.05M	281.77M	331.62M	278.62M	277.43M	392.27M	476.17M	614.84M	783.03M	924.76M	801.52M	872.01M
Gross Margin	29.25%	29.21%	29.60%	28.30%	27.59%	23.08%	20.80%	18.95%	21.50%	21.47%	23.44%	21.36%	20.11%	14.14%	12.26%
Operating Expense	68.24M	140.44M	67.31M	88.94M	55.41M	85.96M	43.88M	-97.91M	135.25M	97.08M	155.67M	238.82M	336.65M	370.91M	610.39M
Operating Income	130.16M	99.42M	184.85M	219.10M	226.35M	245.66M	234.74M	375.33M	257.02M	379.09M	459.16M	544.21M	588.11M	430.62M	261.62M
Operating Margin	19.19%	12.11%	21.70%	20.13%	22.16%	17.10%	17.53%	25.64%	14.09%	17.09%	17.50%	14.85%	12.79%	7.60%	3.68%
EBITDA	123.01M	219.17M	274.30M	310.98M	341.35M	351.65M	335.72M	524.14M	500.93M	696.79M	779.87M	865.73M	920.41M	838.99M	848.60M
EBITDA Margin	18.14%	26.69%	32.20%	28.57%	33.43%	24.47%	25.07%	35.80%	27.46%	31.42%	29.73%	23.62%	20.01%	14.80%	11.94%
Net Income	132.10M	150.12M	179.27M	202.00M	223.49M	226.30M	227.59M	340.08M	264.52M	361.84M	420.27M	511.72M	546.03M	425.46M	346.20M
Net Income Margin	19.48%	18.28%	21.04%	18.56%	21.88%	15.75%	16.99%	23.23%	14.50%	16.31%	16.02%	13.96%	11.87%	7.51%	4.87%
R&D	14.11M	13.25M	14.15M	20.98M	23.88M	25.85M	34.39M	47.69M	90.66M	67.63M	97.12M	127.87M	176.30M	210.57M	265.36M
R&D as % of Total Revenue	2.08%	1.61%	1.66%	1.93%	2.34%	1.80%	2.57%	3.26%	4.97%	3.05%	3.70%	3.49%	3.83%	3.72%	3.73%
Interest Expense	25.22M	0	20.84M	22.70M	24.47M	18.91M	8.30M	35.60M	74.27M	97.27M	68.54M	53.26M	50.84M	53.31M	53.51M
Interest Expense % of Total Revenue	3.72%	0.00%	2.45%	2.09%	2.40%	1.32%	0.62%	2.43%	4.07%	4.39%	2.61%	1.45%	1.11%	0.94%	0.75%

Balance Sheet

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.48B	1.60B	1.81B	1.91B	2.05B	3.13B	3.16B	4.57B	7.08B	7.15B	7.52B	8.54B	10.13B	10.64B	12.26B
Total Liabilities	863.67M	664.72M	785.25M	777.36M	792.12M	1.05B	915.76M	2.05B	4.17B	3.48B	3.40B	3.90B	5.09B	5.33B	6.85B
Total Equity	610.11M	938.44M	1.03B	1.13B	1.25B	2.08B	2.24B	2.51B	2.89B	3.65B	4.10B	4.63B	5.04B	5.18B	5.31B
Cash	87.28M	250.29M	217.19M	156.95M	127.47M	775.86M	390.84M	335.61M	1.01B	544.30M	442.56M	731.24M	667.59M	528.93M	649.53M
Total Debt	459.64M	315.97M	419.01M	464.43M	385.80M	424.96M	218.98M	1.08B	2.20B	1.62B	1.26B	1.19B	1.60B	1.54B	-
Net Debt	372.36M	65.68M	201.82M	307.47M	258.34M	-350.90M	-171.87M	742.08M	1.19B	1.07B	815.68M	454.40M	933.39M	1.01B	1.34B

Cash Flow

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	129.66M	56.79M	75.27M	128.15M	179.97M	183.13M	80.69M	179.11M	565.61M	370.34M	340.53M	415.26M	-195.68M	262.61M	62.68M
Investing Cash Flow	-216.68M	136.69M	-149.49M	-52.32M	-58.98M	-108.39M	-203.19M	-1.01B	-931.23M	-527.69M	-2.62M	-125.66M	-276.09M	-178.90M	-
Financing Cash Flow	54.08M	-17.19M	42.68M	-125.74M	-149.96M	573.25M	-285.50M	756.82M	872.16M	-277.03M	-423.00M	-30.95M	307.21M	-82.97M	-
Capital Expenditure	178.86M	136.32M	146.49M	98.44M	140.38M	213.98M	312.48M	783.51M	628.05M	403.24M	209.37M	329.84M	463.60M	362.72M	274.20M
Free Cash Flow	-49.20M	-79.52M	-71.22M	29.70M	39.59M	-30.85M	-231.79M	-604.40M	-62.44M	-32.90M	131.16M	85.42M	-659.28M	-100.12M	-211.52M
Dividends Paid	94.79M	73.49M	59.90M	172.28M	73.24M	136.77M	77.61M	101.70M	105.00M	81.49M	111.03M	132.86M	200.88M	214.01M	179.66M
FCF to OCF	-37.94%	-140.02%	-94.62%	23.18%	22.00%	-16.85%	-287.26%	-337.44%	-11.04%	-8.88%	38.52%	20.57%	336.92%	-38.12%	-337.48%
Dividend Paid to FCF	-192.66%	-92.42%	-84.11%	580.01%	185.00%	-443.34%	-33.48%	-16.83%	-168.15%	-247.68%	84.65%	155.53%	-30.47%	-213.76%	-84.94%

Earnings

Report Date	Apr 1, 2017	Aug 17, 2017	Sep 30, 2017	Dec 31, 2017	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Aug 28, 2019	Oct 24, 2019	Apr 27, 2020	Aug 18, 2020	Oct 23, 2020	Apr 27, 2021	Aug 21, 2021	Oct 25, 2021	Apr 18, 2022	Aug 22, 2022	Oct 24, 2022	Apr 27, 2023	Dec 31, 2023	Apr 26, 2024	Aug 23, 2024	Oct 25, 2024	Apr 18, 2025	Aug 25, 2025	Sep 30, 2025	Dec 31, 2025
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.51	0.30	0.37	0.37	0.35	0.34	0.34	0.45
EPS Actual	0.20	0.23	0.16	0.23	0.32	0.64	0.16	0.10	0.09	0.40	0.25	0.19	0.39	0.31	0.28	0.31	0.16	0.22	0.30	0.43	0.38	0.43	0.27	0.40	0.34	0.11	0.34	0.37	0.00
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15.69%	-10.00%	8.11%	-8.11%	-68.57%	0.00%	8.82%	-100.00%
Timing	After-hours	After-hours	-	-	-	-	-	-	-	Pre-market	After-hours	After-hours	Pre-market	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	-	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	-	-

Key Statistics & Ratios

Market Cap3.85B

Enterprise Value5.21B

Trailing P/E15.22

Forward P/E0.00

Price / Sales0.49

Price / Book0.71

EPS0.69

Book Value14.60

Revenue (TTM)7.82B

Gross Profit (TTM)858.16M

EBITDA585.90M

Profit Margin3.15%

Operating Margin3.81%

Return on Equity4.05%

Return on Assets1.01%

Shares Outstanding366.35M

Shares Float239.14M

Beta0.36

Dividend Yield1.56%

Dividend Rate0.16

Payout Ratio23.74%

Dividends

20231×

0.40Jun 15, 2023

20221×

0.35Jun 15, 2022

20211×

0.32May 28, 2021

20201×

0.28Jul 16, 2020

20191×

0.38Jul 18, 2019

20181×

0.25Jul 10, 2018

20171×

0.25Jun 28, 2017