Hangzhou XZB Tech Co Ltd

603040 · SHG · Consumer Cyclical / Auto Parts

40.90CNY-1.08 (-2.57%)

Price History

Full chart

Market Stats

Previous Close41.98

Open41.98

Day Range40.60 – 43.68

52-Week Range43.80 – 124.58

Volume5.95M

Market Cap8.74B

P/E (TTM)33.82

Forward P/E0.00

EPS1.31

Dividend Yield2.84%

Beta0.73

50-Day Avg51.23

200-Day Avg59.73

About

Hangzhou XZB Tech Co., Ltd engages in the research and development, production, and sale of valve train system and parts for car industry in China and internationally. The company offers valve cotters, valve spring retainers, hydraulic lash adjusters and finger followers, and push rods and tappets for heavy duty diesel engines. It also provides precision cold forming components for power tools, household electrical appliances, aerospace, machinery, and other applications. The company was founded in 2002 and is based in Hangzhou, China. Hangzhou XZB Tech Co., Ltd is a subsidiary of Hangzhou Zuofeng Investment Management Co., Ltd.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMr. Na Xu
Employees841
HeadquartersBuilding 1-5, Hangzhou, China, 311121, China
Websitehttps://www.xzbco.com

Leadership

Mr. Na XuChairman of the Board & GM · b. 1969
Ms. Wei QuFinancial Director & Accounting Supervisor · b. 1988
Ms. Xin HuDirector & Deputy GM · b. 1974
Ms. Xiaoling ZhengDeputy GM & Secretary of the Board · b. 1981
Mr. Zhijun YangDeputy GM & Director · b. 1974

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	62.11M	71.43M	92.65M	120.72M	117.85M	158.07M	270.77M	300.85M	335.65M	376.09M	432.06M	526.81M	583.30M	680.28M	804.15M
Growth (%)	-	+15.02%	+29.70%	+30.29%	-2.37%	+34.13%	+71.29%	+11.11%	+11.57%	+12.05%	+14.88%	+21.93%	+10.72%	+16.63%	+18.21%
Cost of Revenue	17.80M	20.71M	27.51M	34.40M	36.40M	56.23M	99.56M	112.04M	124.95M	142.37M	172.58M	241.64M	276.38M	332.27M	370.12M
Gross Profit	44.30M	50.72M	65.14M	86.31M	81.45M	101.85M	171.21M	188.81M	210.70M	233.72M	259.48M	285.17M	306.92M	348.01M	434.03M
Gross Margin	71.33%	71.01%	70.31%	71.50%	69.11%	64.43%	63.23%	62.76%	62.77%	62.14%	60.06%	54.13%	52.62%	51.16%	53.97%
Operating Expense	14.11M	18.90M	22.71M	29.93M	31.97M	39.46M	50.24M	64.09M	50.27M	51.93M	84.68M	83.90M	90.40M	98.17M	131.48M
Operating Income	30.19M	31.83M	42.44M	56.38M	49.48M	62.39M	120.97M	124.72M	160.43M	181.79M	174.79M	201.27M	216.52M	249.85M	302.55M
Operating Margin	48.61%	44.56%	45.81%	46.71%	41.98%	39.47%	44.68%	41.46%	47.80%	48.34%	40.46%	38.21%	37.12%	36.73%	37.62%
EBITDA	32.91M	36.43M	49.05M	64.77M	63.25M	77.83M	138.69M	144.99M	183.07M	208.14M	205.68M	242.32M	265.79M	300.82M	373.41M
EBITDA Margin	52.99%	50.99%	52.94%	53.66%	53.66%	49.24%	51.22%	48.19%	54.54%	55.34%	47.60%	46.00%	45.57%	44.22%	46.44%
Net Income	26.20M	27.26M	37.04M	48.94M	46.14M	55.48M	105.25M	102.58M	130.26M	148.40M	140.76M	155.76M	184.38M	211.61M	266.85M
Net Income Margin	42.19%	38.16%	39.98%	40.54%	39.15%	35.10%	38.87%	34.09%	38.81%	39.46%	32.58%	29.57%	31.61%	31.11%	33.18%
R&D	4.43M	5.62M	6.65M	9.48M	10.80M	12.40M	16.24M	21.44M	23.24M	24.43M	32.08M	33.41M	36.81M	37.47M	40.93M
R&D as % of Total Revenue	7.13%	7.87%	7.17%	7.86%	9.16%	7.85%	6.00%	7.13%	6.92%	6.50%	7.43%	6.34%	6.31%	5.51%	5.09%
Interest Expense	0	0	17.56K	47.06K	0	0	43.68K	22.79K	26.82K	55.17K	153.24K	238.66K	717.37K	1.77M	1.88M
Interest Expense % of Total Revenue	0.00%	0.00%	0.02%	0.04%	0.00%	0.00%	0.02%	0.01%	0.01%	0.01%	0.04%	0.05%	0.12%	0.26%	0.23%

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	100.75M	124.63M	181.38M	222.19M	259.12M	307.79M	673.21M	774.63M	904.94M	1.05B	1.12B	1.28B	1.50B	1.62B	1.78B
Total Liabilities	8.57M	8.18M	12.47M	15.33M	20.97M	28.10M	80.26M	84.98M	94.84M	118.39M	130.97M	144.92M	214.40M	224.82M	227.09M
Total Equity	92.18M	116.44M	168.91M	206.86M	238.15M	279.68M	583.57M	678.82M	791.50M	911.72M	968.36M	1.10B	1.25B	1.35B	1.50B
Cash	8.40M	19.80M	41.53M	34.64M	30.62M	49.88M	109.55M	222.60M	246.94M	181.63M	224.57M	317.05M	168.00M	199.10M	196.97M
Total Debt	-	-	-	-	-	-	37.59M	698.28K	698.28K	34.21M	2.76M	1.77M	54.79M	14.20M	-
Net Debt	-8.40M	-19.80M	-41.53M	-34.64M	-30.62M	-49.88M	-71.96M	-221.90M	-246.24M	-147.42M	-221.81M	-315.28M	-111.67M	-184.90M	-

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	16.25M	25.89M	29.38M	47.32M	44.06M	53.18M	104.02M	105.08M	116.71M	172.03M	110.78M	136.75M	312.03M	241.13M	372.13M
Investing Cash Flow	-20.71M	-11.50M	-4.05M	-43.11M	-33.29M	-20.13M	-280.35M	37.83M	-63.65M	-191.89M	26.38M	-28.01M	-457.06M	-82.03M	-
Financing Cash Flow	-	-3.00M	-3.60M	-11.10M	-14.85M	-13.95M	236.19M	-34.78M	-25.20M	-46.83M	-88.63M	-20.57M	-17.79M	-126.83M	-
Capital Expenditure	20.75M	11.52M	27.92M	46.10M	36.65M	22.07M	43.21M	92.74M	84.01M	123.38M	119.61M	40.32M	70.97M	61.59M	38.24M
Free Cash Flow	-4.49M	14.38M	1.46M	1.22M	7.41M	31.11M	60.82M	12.34M	32.70M	48.65M	-8.82M	96.42M	241.06M	179.54M	333.89M
Dividends Paid	-	3.00M	3.60M	11.10M	14.85M	13.95M	16.80M	32.03M	31.80M	39.74M	51.14M	39.89M	67.55M	82.31M	169.89M
FCF to OCF	-27.64%	55.52%	4.97%	2.59%	16.81%	58.49%	58.46%	11.74%	28.02%	28.28%	-7.96%	70.51%	77.26%	74.46%	89.72%
Dividend Paid to FCF	-	20.87%	246.59%	906.81%	200.54%	44.84%	27.62%	259.56%	97.27%	81.69%	-579.57%	41.37%	28.02%	45.84%	50.88%

Earnings

Report Date	Apr 25, 2017	Aug 17, 2017	Oct 23, 2017	Feb 28, 2018	Apr 23, 2018	Aug 23, 2018	Oct 24, 2018	Apr 22, 2019	Aug 19, 2019	Oct 24, 2019	Apr 22, 2020	Aug 25, 2020	Oct 26, 2020	Apr 26, 2021	Aug 26, 2021	Oct 27, 2021	Apr 28, 2022	Aug 26, 2022	Oct 28, 2022	Apr 27, 2023
EPS Estimate	-	-	-	-	-	0.40	0.35	0.31	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.11	0.22	0.22	0.24	0.20	0.24	0.28	0.30	0.21	0.24	0.20	0.27	0.32	0.41	0.31	0.16	0.26	0.23	0.35	0.36
Surprise	-	-	-	-	-	-40.00%	-20.00%	-3.23%	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	After-hours	After-hours	-	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap8.74B

Enterprise Value9.17B

Trailing P/E33.82

Forward P/E0.00

Price / Sales10.60

Price / Book6.34

EPS1.31

Book Value7.73

Revenue (TTM)825.17M

Gross Profit (TTM)435.97M

EBITDA339.01M

Profit Margin30.54%

Operating Margin37.22%

Return on Equity17.16%

Return on Assets10.31%

Shares Outstanding197.36M

Shares Float84.14M

Beta0.73

Dividend Yield2.84%

Dividend Rate1.26

Payout Ratio86.05%

Dividends

20231×

0.35Jun 20, 2023

20221×

0.30Jun 16, 2022

20211×

0.50Jun 11, 2021

20201×

0.38Jun 9, 2020

20191×

0.24Jun 6, 2019

20181×

0.31Jun 1, 2018

20171×

0.13May 26, 2017

Stock Splits

Jun 11, 202113:10
Jun 9, 202013:10
Jun 1, 201813:10