Guangdong Wencan Die Casting Co Ltd

Guangdong Wencan Die Casting Co Ltd

603348 · SHG · Consumer Cyclical / Auto Parts

15.47CNY-0.32 (-2.03%)

Price History

Full chart

Market Stats

Previous Close15.79
Open15.66
Day Range15.39 – 16.00
52-Week Range12.68 – 24.04
Volume4.19M
Market Cap4.59B
P/E (TTM)0.00
Forward P/E0.00
EPS-1.84
Dividend Yield0.00%
Beta0.33
50-Day Avg14.27
200-Day Avg17.34

About

Wencan Group Co., Ltd. engages in the research and development, production, and sale of automotive aluminum alloy precision castings in China, Asia, Europe, and Americas. It offers integrated body systems, such as monocoque front end, split front end, integrated side panel, and semi-monocoque rear and rear floor assembly; body structural system, including A pillar, door panel, front shock absorber, rear longitudinal beam, and torque box; battery housing system comprising battery housing assembly and component and hybrid battery housing box; and new energy power system, which includes three-in-one motor housing, range-extender motor housing, range-extender motor housing end cover, front box, intermediate housing, and left housing. The company also provides chassis systems, such as front subframe, rear subframe, semi-split front subframe, semi-split rear subframe, and chassis connecting parts; brake system, including caliper, fixed monobloc caliper, vacuum booster master cylinder, and floating caliper; engine and transmission systems comprising AT transmission, AT clutch, DCT transmission, and DCT clutch housing; and outer and middle valve body. In addition, it offers other systems, such as drum, A/C compressor, and cover, adapter plate, long drive shaft, and short drive shafts for yacht engines. The company was formerly known as Guangdong Wencan Die Casting Co., Ltd. and changed its name to Wencan Group Co., Ltd. in July 2021. Wencan Group Co., Ltd. was founded in 1998 and is headquartered in Foshan, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Jie Xiong Tang
  • Employees6.62K
  • HeadquartersNo. 125, Heshun Avenue, Foshan, China, 528241, China
  • Websitehttps://www.wencan.com

Leadership

  • Mr. Jie Xiong TangChairman of the Board of Directors & GM · b. 1971
  • Ms. Yufeng HuangFinancial Director & Accounting Supervisor · b. 1975
  • Mr. Jun Min GaoDeputy GM & Director · b. 1974
  • Ms. Manli YiDeputy GM & Director · b. 1977
  • Mr. Shibo LiuDeputy GM & Board Secretary · b. 1983

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 Revenue774.67M951.79M975.80M1.17B1.22B1.56B1.62B1.54B2.60B4.11B5.23B5.10B6.25B5.91B
Growth (%)-+22.86%+2.52%+19.59%+4.26%+27.98%+4.05%-5.09%+69.25%+58.00%+27.18%-2.45%+22.46%-5.42%
Cost of Revenue620.28M723.26M728.63M801.41M863.70M1.16B1.21B1.20B2.03B3.44B4.33B4.44B5.54B5.27B
Gross Profit154.39M228.53M247.17M365.50M352.95M395.20M410.55M338.10M571.83M673.47M904.03M660.60M710.13M636.60M
Gross Margin19.93%24.01%25.33%31.32%29.01%25.38%25.34%21.99%21.97%16.38%17.29%12.95%11.37%10.77%
Operating Expense123.55M115.86M157.98M189.37M186.31M215.35M269.22M260.72M439.13M560.18M589.78M566.15M559.59M404.30M
Operating Income30.84M112.67M89.19M176.13M166.64M179.85M141.33M77.38M132.71M113.29M314.25M94.45M150.55M232.29M
Operating Margin3.98%11.84%9.14%15.09%13.70%11.55%8.72%5.03%5.10%2.76%6.01%1.85%2.41%3.93%
EBITDA114.91M179.08M195.96M282.20M283.09M333.69M320.40M289.50M477.75M588.40M686.93M583.89M698.63M394.93M
EBITDA Margin14.83%18.81%20.08%24.18%23.27%21.43%19.78%18.83%18.36%14.31%13.14%11.45%11.18%6.68%
Net Income30.69M67.77M78.84M150.54M154.70M155.30M125.24M71.03M83.80M97.17M237.58M50.43M115.07M-347.95M
Net Income Margin3.96%7.12%8.08%12.90%12.72%9.97%7.73%4.62%3.22%2.36%4.54%0.99%1.84%-5.89%
R&D34.39M33.44M36.55M53.21M50.28M65.00M71.61M62.47M83.49M120.13M159.56M145.24M142.86M127.95M
R&D as % of Total Revenue4.44%3.51%3.75%4.56%4.13%4.17%4.42%4.06%3.21%2.92%3.05%2.85%2.29%2.17%
Interest Expense19.07M19.65M22.42M22.19M16.31M33.50M32.28M38.50M73.20M91.54M82.27M105.68M116.57M97.32M
Interest Expense % of Total Revenue2.46%2.07%2.30%1.90%1.34%2.15%1.99%2.50%2.81%2.23%1.57%2.07%1.87%1.65%

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 Assets1.01B1.10B1.12B1.27B1.93B2.34B2.88B3.93B5.60B5.93B7.35B7.74B8.68B8.97B
Total Liabilities695.55M703.98M695.10M399.02M928.74M1.21B840.92M1.66B3.02B3.21B4.30B4.51B4.43B4.99B
Total Equity267.12M334.89M428.92M873.61M1.00B1.13B2.04B2.27B2.58B2.72B3.05B3.22B4.25B3.98B
Cash15.66M45.95M68.37M106.94M88.10M162.69M273.62M753.09M719.78M588.65M459.49M473.96M652.80M774.43M
Total Debt385.49M404.56M395.13M155.12M452.81M721.46M427.99M1.30B1.88B1.86B2.23B2.57B1.69B-
Net Debt369.84M358.60M326.76M48.17M364.72M558.77M154.36M542.71M1.16B1.27B1.77B2.09B1.03B1.38B

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 Flow93.09M123.84M138.18M196.56M321.94M227.56M182.77M234.75M782.94M415.38M580.40M778.56M379.17M566.81M
Investing Cash Flow-200.37M-94.44M-91.16M-190.34M-593.59M-366.72M-531.20M-787.42M-796.60M-483.57M-972.91M-902.99M-809.16M-
Financing Cash Flow93.31M2.03M-27.45M29.45M213.21M250.60M459.16M951.96M43.37M-28.46M253.58M120.64M628.53M-
Capital Expenditure157.03M78.57M111.11M200.74M587.32M356.84M516.23M332.99M225.02M481.76M958.31M905.01M721.71M775.62M
Free Cash Flow-63.94M45.26M27.07M-4.19M-265.37M-129.28M-333.46M-98.24M557.91M-66.37M-377.91M-126.44M-342.54M-208.81M
Dividends Paid18.33M18.16M21.17M18.75M34.60M60.21M31.32M66.00M34.74M39.20M39.32M137.22M155.66M140.23M
FCF to OCF-68.69%36.55%19.59%-2.13%-82.43%-56.81%-182.45%-41.85%71.26%-15.98%-65.11%-16.24%-90.34%-36.84%
Dividend Paid to FCF-28.67%40.13%78.22%-447.80%-13.04%-46.57%-9.39%-67.18%6.23%-59.06%-10.41%-108.52%-45.44%-67.16%

Earnings

Report DateAug 15, 2018Oct 29, 2018Dec 31, 2018Apr 8, 2019Aug 27, 2019Oct 29, 2019Mar 31, 2020Apr 30, 2020Aug 27, 2020Oct 30, 2020Dec 31, 2020Apr 28, 2021Aug 11, 2021Oct 27, 2021Dec 31, 2021Apr 27, 2022Aug 15, 2022Oct 27, 2022Dec 31, 2022Apr 25, 2023Aug 17, 2023Oct 26, 2023Dec 31, 2023Apr 25, 2024Aug 19, 2024Oct 28, 2024Apr 25, 2025Aug 19, 2025Oct 28, 2025
EPS Estimate------------------0.250.250.040.260.030.140.170.070.150.180.21
EPS Actual0.080.210.090.160.010.040.110.040.100.150.040.190.09-0.020.110.110.200.39-0.02-0.020.040.130.000.230.070.050.010.03-0.03
Surprise-------------------108.00%-108.00%0.00%-50.00%-100.00%64.29%-58.82%-28.57%-93.33%-83.33%-114.29%
TimingAfter-hoursPre-market-Pre-marketAfter-hours-After-hours-After-hours---After-hoursPre-market-Pre-marketAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.59B
Enterprise Value6.95B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.78
Price / Book1.18
EPS-1.84
Book Value12.17
Revenue (TTM)5.91B
Gross Profit (TTM)263.47M
EBITDA377.88M
Profit Margin-9.77%
Operating Margin-8.99%
Return on Equity-14.20%
Return on Assets-1.05%
Shares Outstanding314.48M
Shares Float163.39M
Beta0.33
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.15Jul 18, 2023
20221×
0.15Jul 8, 2022
20211×
0.15Jun 18, 2021
20201×
0.15May 13, 2020
20191×
0.30May 17, 2019