Zhongce Rubber Group Co Ltd

Zhongce Rubber Group Co Ltd

603049 · SHG · Consumer Cyclical / Auto Parts

38.52CNY-0.03 (-0.08%)

Price History

Full chart

Market Stats

Previous Close38.55
Open38.48
Day Range38.37 – 38.80
52-Week Range42.70 – 60.11
Volume1.29M
Market Cap38.44B
P/E (TTM)9.08
Forward P/E0.00
EPS4.84
Dividend Yield3.25%
50-Day Avg48.02
200-Day Avg50.00

About

Zhongce Rubber Group Co., Ltd. engages in the research and development, production, and sale of tire products in China. The company offers all-steel tires used in heavy-duty trucks, long-distance passenger vehicles, and engineering machinery vehicles; semi-steel tires mainly used in passenger cars such as sedans, SUVs, and commercial vehicles; bias tires, including agricultural and pneumatic tires for industrial vehicles; and solid tires for industrial vehicles. It also provides agricultural tires, industrial vehicle pneumatic tires, industrial vehicle solid tires, suitable for agricultural machinery, loading machine, mining dump truck, small excavator, and port machinery vehicle; and motorcycle tires, bicycle tires, and rickshaw tires, which are suitable for two-wheeled vehicles, such as motorcycles, electric vehicles, and bicycles. The company sells its products under the CHAOYANG, WESTLAKE, QUANNUO, YARTU, GOODRIDE, and TRAZANO brands. It also exports its products. The company was formerly known as Hangzhou Zhongce Rubber Co., Ltd. and changed its name to Zhongce Rubber Group Co., Ltd. in August 2013. Zhongce Rubber Group Co., Ltd. was founded in 1958 and is based in Hangzhou, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Jinrong Shen
  • Employees18.04K
  • HeadquartersNo. 1, No. 1 Street, Hangzhou, China, 310008, China
  • Websitehttps://www.zcrubber.com

Leadership

  • Mr. Jinrong ShenGM & Chairman of the Board · b. 1958
  • Mr. Lida XuDeputy GM & Financial Director · b. 1963
  • Mr. Haoyu ShenDeputy GM & Secretary of the Board of Directors · b. 1986
  • Mr. Limin ZhangDeputy General Manager · b. 1962
  • Mr. Xiao Rong WangHead of Frontier Technology Research Center · b. 1961
  • Mr. Xian Ning WangDeputy General Manager · b. 1978
  • Mr. Zhi Qiang JiangDeputy General Manager · b. 1973
  • Mr. Jian Nong ShenDeputy General Manager · b. 1961
  • Mr. Ren Chang XuDeputy General Manager · b. 1968
  • Mr. Guo Rong GeDeputy General Manager · b. 1964

Financials

Income Statement

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue30.60B31.89B35.25B39.25B44.96B
Growth (%)-+4.21%+10.55%+11.35%+14.52%
Cost of Revenue25.65B27.04B28.43B31.61B36.12B
Gross Profit4.95B4.85B6.82B7.65B8.84B
Gross Margin16.19%15.20%19.35%19.48%19.66%
Operating Expense3.12B3.13B3.63B3.76B3.97B
Operating Income1.83B1.72B3.19B3.89B4.87B
Operating Margin5.98%5.40%9.04%9.92%10.84%
EBITDA-3.48B5.17B6.20B6.80B
EBITDA Margin-10.92%14.67%15.80%15.13%
Net Income1.37B1.22B2.64B3.79B4.15B
Net Income Margin4.49%3.84%7.48%9.65%9.23%
R&D1.21B1.26B1.40B1.47B1.54B
R&D as % of Total Revenue3.94%3.94%3.97%3.75%3.43%
Interest Expense266.53M729.43M699.70M347.91M327.98M
Interest Expense % of Total Revenue0.87%2.29%1.98%0.89%0.73%

Balance Sheet

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets34.11B37.55B39.20B44.82B52.22B
Total Liabilities23.59B25.75B25.01B27.35B27.41B
Total Equity10.53B11.80B14.18B17.48B24.81B
Cash2.34B2.10B2.98B4.12B5.24B
Net Debt4.98B7.34B6.17B6.43B5.51B

Cash Flow

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow395.87M838.46M2.61B3.04B1.90B
Capital Expenditure862.29M2.94B1.61B2.34B3.51B
Free Cash Flow-466.42M-2.11B996.32M698.18M-1.60B
Dividends Paid589.73M626.37M799.12M1.04B1.45B
FCF to OCF-117.82%-251.13%38.22%22.96%-84.15%
Dividend Paid to FCF-126.44%-29.75%80.21%149.60%-90.47%

Key Statistics & Ratios

Market Cap38.44B
Enterprise Value49.38B
Trailing P/E9.08
Forward P/E0.00
Price / Sales0.83
Price / Book1.57
EPS4.84
Book Value28.77
Revenue (TTM)46.58B
Gross Profit (TTM)9.17B
EBITDA6.89B
Profit Margin9.16%
Operating Margin10.60%
Return on Equity17.74%
Return on Assets5.57%
Shares Outstanding874.49M
Shares Float205.50M
Dividend Yield3.25%
Dividend Rate1.43
Payout Ratio56.40%

Dividends

20261×
1.43Jun 18, 2026
20251×
1.30Jul 16, 2025