YOLFTbeta
60

ADD Industry Zhejiang Co Ltd

603089 · SHG · Consumer Cyclical / Auto Parts

9.18CNY-0.24 (-2.55%)

Price History

Full chart

Market Stats

Previous Close9.42
Open9.44
Day Range9.10 – 9.54
52-Week Range7.71 – 16.34
Volume9.60M
Market Cap2.61B
P/E (TTM)0.00
Forward P/E17.33
EPS-0.21
Dividend Yield1.06%
Beta0.24
50-Day Avg9.44
200-Day Avg11.27

About

ADD Industry (Zhejiang) CO., LTD engages in the research, development, production, and sale of automotive shock absorbers and seals in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seats, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers. The company also provides engine seals, rubber shock absorbers, and other auto parts. ADD Industry (Zhejiang) CO., LTD was founded in 1994 and is based in Yuhuan, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Nian Hui Zheng
  • Employees5.10K
  • HeadquartersNo.1 Zhengyu Road, Yuhuan, China, 317600, China
  • Websitehttps://www.addchina.com

Leadership

  • Mr. Nian Hui ZhengChairman of the Board & GM · b. 1964
  • Ms. Yun WangHead of Accounting Department, CFO, Deputy GM & Director · b. 1986
  • Mr. Ling Hui ChenDirector & Board Secretary · b. 1982

Financials

Income Statement

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue519.41M497.27M639.98M571.65M691.87M843.13M1.08B1.11B1.14B1.61B1.70B1.76B2.30B2.78B
Growth (%)--4.26%+28.70%-10.68%+21.03%+21.86%+28.41%+2.42%+2.60%+41.57%+5.55%+3.42%+30.98%+20.70%
Cost of Revenue375.40M357.41M465.32M420.58M488.79M634.00M830.87M771.35M877.10M1.30B1.37B1.37B1.79B2.20B
Gross Profit144.00M139.86M174.65M151.06M203.07M209.12M251.80M337.52M260.65M313.82M326.43M392.27M514.06M577.51M
Gross Margin27.72%28.13%27.29%26.43%29.35%24.80%23.26%30.44%22.91%19.48%19.20%22.31%22.32%20.78%
Operating Expense68.36M77.36M100.68M76.63M99.91M129.39M128.79M215.85M116.21M233.45M246.78M309.90M401.72M387.77M
Operating Income75.65M62.50M73.97M74.43M103.16M79.74M123.01M121.67M144.44M80.37M79.65M82.37M112.34M189.73M
Operating Margin14.56%12.57%11.56%13.02%14.91%9.46%11.36%10.97%12.70%4.99%4.69%4.68%4.88%6.83%
EBITDA87.57M92.71M95.69M99.70M126.45M104.50M151.12M190.89M234.95M172.17M188.02M209.15M272.01M342.74M
EBITDA Margin16.86%18.64%14.95%17.44%18.28%12.39%13.96%17.21%20.65%10.69%11.06%11.90%11.81%12.33%
Net Income55.78M59.73M60.52M67.18M88.20M72.00M100.76M74.48M109.90M62.65M70.60M58.87M71.46M105.43M
Net Income Margin10.74%12.01%9.46%11.75%12.75%8.54%9.31%6.72%9.66%3.89%4.15%3.35%3.10%3.79%
R&D11.48M13.45M17.83M21.13M29.15M38.20M45.64M45.60M53.39M76.98M75.89M81.22M110.61M142.31M
R&D as % of Total Revenue2.21%2.70%2.79%3.70%4.21%4.53%4.22%4.11%4.69%4.78%4.46%4.62%4.80%5.12%
Interest Expense04.33M977.23K302.20K725.03K374.43K3.26M9.55M17.09M12.53M23.96M27.80M33.79M28.84M
Interest Expense % of Total Revenue0.00%0.87%0.15%0.05%0.10%0.04%0.30%0.86%1.50%0.78%1.41%1.58%1.47%1.04%

Balance Sheet

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets511.70M528.97M592.37M580.71M708.33M1.05B1.60B1.55B1.80B2.22B2.40B2.75B3.49B3.98B
Total Liabilities249.86M235.40M270.28M227.44M302.86M341.25M700.20M587.31M631.07M1.01B1.14B1.45B2.09B2.32B
Total Equity261.83M293.57M322.09M353.27M405.47M710.70M779.46M821.91M1.02B1.05B1.11B1.16B1.23B1.47B
Cash73.66M82.03M107.61M146.83M172.73M254.30M225.70M136.66M124.44M134.30M115.72M159.23M168.83M216.76M
Total Debt90.14M20.00M100.00K100.00K100.00K125.10M128.45M152.71M142.84M360.52M585.94M711.75M763.86M-
Net Debt16.48M-62.03M-107.51M-146.73M-172.63M-129.20M-97.25M16.05M18.40M226.22M470.22M552.52M595.03M668.47M

Cash Flow

Currency: CNY2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow68.81M102.12M75.95M90.74M69.33M101.90M93.17M130.77M86.31M-31.77M245.49M287.59M125.92M111.88M
Investing Cash Flow-54.88M-2.74M-19.49M-7.35M-17.36M-251.27M-166.72M-172.33M-105.73M-125.14M-435.01M-372.83M-411.80M-
Financing Cash Flow7.53M-99.57M-52.58M-36.01M-41.00M230.46M12.37M-24.57M22.82M138.19M178.28M122.23M279.51M-
Capital Expenditure55.27M10.88M20.65M7.74M17.83M75.83M74.75M138.92M204.89M221.83M434.68M369.24M414.15M360.46M
Free Cash Flow13.55M91.24M55.30M83.00M51.50M26.07M18.42M-8.14M-118.58M-253.60M-189.18M-81.65M-288.23M-248.58M
Dividends Paid6.35M29.43M32.68M36.01M36.00M32.01M34.00M32.00M61.87M33.37M22.25M42.08M27.46M46.43M
FCF to OCF19.69%89.34%72.81%91.47%74.28%25.58%19.77%-6.23%-137.39%798.32%-77.06%-28.39%-228.90%-222.19%
Dividend Paid to FCF46.89%32.26%59.10%43.38%69.92%122.78%184.56%-392.91%-52.17%-13.16%-11.76%-51.54%-9.53%-18.68%

Earnings

Report DateMar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Aug 25, 2020Oct 30, 2020Dec 31, 2020Apr 29, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-------------------------
EPS Actual0.110.110.080.050.010.090.200.180.140.110.12-0.010.020.090.060.330.23-0.020.060.010.050.130.19-0.04-0.04
Surprise-------------------------
Timing-------------------------

Key Statistics & Ratios

Market Cap2.61B
Enterprise Value3.35B
Trailing P/E0.00
Forward P/E17.33
Price / Sales0.94
Price / Book1.47
EPS-0.21
Book Value6.66
Revenue (TTM)2.79B
Gross Profit (TTM)458.71M
EBITDA199.83M
Profit Margin-1.64%
Operating Margin-2.24%
Return on Equity-2.94%
Return on Assets0.30%
Shares Outstanding275.72M
Shares Float131.51M
Beta0.24
Dividend Yield1.06%
Dividend Rate0.10
Payout Ratio41.67%

Dividends

20231×
0.10May 31, 2023
20221×
0.10May 30, 2022
20211×
0.15May 31, 2021
20201×
0.40May 29, 2020
20191×
0.22May 24, 2019
20181×
0.15Jun 6, 2018
20171×
0.15Apr 18, 2017

Stock Splits

  • May 29, 202027:20
  • May 24, 201929:20