YOLFTbeta
Zhejiang CFMoto Power Co Ltd

Zhejiang CFMoto Power Co Ltd

603129 · SHG · Consumer Cyclical / Recreational Vehicles

314.50CNY+4.12 (+1.33%)

Price History

Full chart

Market Stats

Previous Close310.38
Open308.84
Day Range306.01 – 318.68
52-Week Range213.80 – 329.60
Volume981.73K
Market Cap44.06B
P/E (TTM)25.52
Forward P/E16.58
EPS11.25
Dividend Yield1.46%
Beta0.40
50-Day Avg296.29
200-Day Avg264.89

About

Zhejiang Cfmoto Power Co.,Ltd, together with its subsidiaries, engages in research, development, manufacturing, and sales of motorcycles, all-terrain vehicles, new energy two-wheeled vehicles, and core components in China, rest of Asia, North America, Oceania, Africa, South America, and Europe. It provides motorcycles, off-road vehicles, engines, frames, parts, apparel, accessories, lifestyle and gift products, and gear. Zhejiang Cfmoto Power Co.,Ltd was founded in 1989 and is based in Hangzhou, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryRecreational Vehicles
  • CEOMr. Minjie Lai
  • Employees8.74K
  • HeadquartersLinping Economic Development Zone, Hangzhou, China, 311199, China
  • Websitehttps://www.cfmoto.com

Leadership

  • Mr. Minjie LaiChairman & CEO · b. 1985
  • Mr. Si WeiCFO, Accounting Supervisor, Deputy GM & Director · b. 1982
  • Ms. Qing GaoDeputy GM & Director · b. 1973
  • Mr. Shu Xiang NiDeputy GM & Director · b. 1963
  • Mr. Xiongxiu ZhouBoard Secretary · b. 1981
  • Mr. Zhiyong ChenDeputy General Manager · b. 1976
  • Mr. Keliang ChenDeputy General Manager · b. 1977
  • Ms. Su-Zhu ZhangDeputy General Manager · b. 1980
  • Mr. Gang Jie MaDeputy General Manager · b. 1970

Financials

Income Statement

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.10B1.34B1.20B1.40B1.82B2.55B3.24B4.53B7.86B11.38B12.11B15.04B19.75B
Growth (%)-+21.84%-10.46%+16.95%+29.75%+40.03%+27.37%+39.58%+73.71%+44.73%+6.44%+24.18%+31.30%
Cost of Revenue832.60M995.03M857.66M945.13M1.23B1.78B2.21B3.21B6.18B8.53B8.20B10.59B14.43B
Gross Profit265.54M342.97M340.35M455.92M582.86M768.65M1.03B1.31B1.68B2.85B3.91B4.45B5.32B
Gross Margin24.18%25.63%28.41%32.54%32.06%30.20%31.71%28.99%21.38%25.07%32.29%29.56%26.94%
Operating Expense228.70M243.40M292.32M369.65M480.64M654.16M853.21M918.04M1.24B2.07B2.71B2.81B3.60B
Operating Income36.84M99.58M48.02M86.27M102.22M114.49M175.04M394.05M445.70M780.95M1.20B1.63B1.72B
Operating Margin3.36%7.44%4.01%6.16%5.62%4.50%5.40%8.71%5.67%6.86%9.92%10.85%8.69%
EBITDA62.29M130.60M75.08M100.44M129.48M135.66M188.79M438.32M473.19M666.32M1.08B1.45B2.15B
EBITDA Margin5.67%9.76%6.27%7.17%7.12%5.33%5.82%9.69%6.02%5.86%8.95%9.65%10.91%
Net Income42.90M90.90M59.28M88.27M97.41M120.25M181.06M364.90M411.52M701.37M1.01B1.47B1.68B
Net Income Margin3.91%6.79%4.95%6.30%5.36%4.72%5.58%8.06%5.23%6.16%8.32%9.79%8.48%
R&D-49.05M57.61M84.86M84.77M162.63M182.71M236.36M379.00M752.16M924.26M1.03B1.22B
R&D as % of Total Revenue-3.67%4.81%6.06%4.66%6.39%5.64%5.22%4.82%6.61%7.63%6.87%6.18%
Interest Expense23.10M23.81M19.78M4.35M735.11K62.17K1.59M2.46M4.96M6.51M14.53M20.36M27.67M
Interest Expense % of Total Revenue2.10%1.78%1.65%0.31%0.04%0.00%0.05%0.05%0.06%0.06%0.12%0.14%0.14%

Balance Sheet

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets783.33M1.09B871.10M1.01B1.68B2.08B2.54B4.20B7.97B9.55B10.31B14.90B19.27B
Total Liabilities830.39M1.05B564.06M620.89M782.34M1.08B1.47B2.69B4.29B5.26B5.14B8.55B11.53B
Total Equity-47.06M43.57M307.04M387.49M899.95M964.50M1.04B1.50B3.64B4.21B5.04B6.19B7.50B
Cash172.63M329.21M184.51M335.46M479.79M587.48M727.07M1.26B3.38B4.32B4.51B7.15B9.58B
Total Debt342.41M458.06M105.52M20.00M363.10M1.00M607.20M30.04M13.44M22.53M129.81M161.74M-
Net Debt169.78M128.85M-78.99M-315.46M-116.69M-586.48M-119.87M-1.23B-3.36B-4.30B-4.38B-6.99B-

Cash Flow

Currency: CNY2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow106.84M50.79M120.19M247.14M187.55M212.57M423.56M773.86M263.72M1.70B1.38B2.97B3.97B
Investing Cash Flow-28.73M-59.82M-15.15M-24.94M-452.93M-182.45M-182.84M-392.51M-386.74M-75.66M-869.86M-402.82M-
Financing Cash Flow-60.36M65.93M-89.32M-84.47M389.25M15.98M-114.88M-2.44M1.60B-133.54M-160.40M-236.89M-
Capital Expenditure20.41M43.68M22.58M25.80M85.23M130.66M169.46M178.63M386.28M447.72M488.44M502.38M759.42M
Free Cash Flow86.42M7.11M97.61M221.33M102.31M81.91M254.11M595.22M-122.55M1.25B896.26M2.47B3.21B
Dividends Paid22.22M20.88M16.64M3.52M760.49K40.44M43.07M52.35M110.01M124.36M212.14M316.98M595.99M
FCF to OCF80.89%14.00%81.22%89.56%54.55%38.53%59.99%76.92%-46.47%73.63%64.73%83.10%80.85%
Dividend Paid to FCF25.71%293.66%17.05%1.59%0.74%49.37%16.95%8.80%-89.77%9.95%23.67%12.83%18.58%

Earnings

Report DateSep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Mar 30, 2019May 30, 2019Aug 31, 2019Oct 30, 2019Dec 31, 2019Apr 20, 2020Aug 26, 2020Oct 22, 2020Apr 12, 2021Aug 19, 2021Oct 28, 2021Dec 31, 2021Apr 13, 2022Aug 22, 2022Oct 20, 2022Dec 31, 2022Apr 11, 2023Aug 17, 2023Oct 17, 2023Dec 31, 2023Apr 15, 2024Aug 15, 2024Oct 17, 2024Apr 15, 2025Aug 11, 2025Sep 30, 2025Dec 31, 2025Apr 15, 2026Aug 17, 2026
EPS Estimate--------------1.341.61-1.250.601.792.18-0.04-0.042.392.881.461.462.493.012.404.134.771.791.795.25
EPS Actual0.180.100.120.420.190.170.160.620.280.310.430.860.930.720.950.660.570.651.672.390.870.692.261.661.361.372.852.442.563.822.641.711.714.15
Surprise---------------29.10%-59.01%145.60%8.33%-6.70%9.63%2275.00%1825.00%-5.44%-42.36%-6.85%-6.16%14.46%-18.94%6.67%-7.51%-44.60%-4.60%-4.47%-20.95%
Timing-----After-hoursAfter-hoursPre-marketAfter-hours-Pre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-marketAfter-hoursAfter-hours--Pre-marketAfter-hours

Key Statistics & Ratios

Market Cap44.06B
Enterprise Value35.77B
Trailing P/E25.52
Forward P/E16.58
Price / Sales1.89
Price / Book5.68
EPS11.25
Book Value52.25
Revenue (TTM)23.28B
Gross Profit (TTM)6.08B
EBITDA2.16B
Profit Margin7.47%
Operating Margin9.91%
Return on Equity23.68%
Return on Assets5.96%
Shares Outstanding153.48M
Shares Float80.00M
Beta0.40
Dividend Yield1.46%
Dividend Rate4.20
Payout Ratio37.33%

Dividends

20231×
1.41May 19, 2023
20221×
0.83May 27, 2022
20211×
0.83Jun 30, 2021
20201×
0.40Jun 15, 2020
20191×
0.33Jun 28, 2019
20181×
0.30Jun 12, 2018