YOLFTbeta
Bafang Electric Suzhou Co Ltd

Bafang Electric Suzhou Co Ltd

603489 · SHG · Consumer Cyclical / Auto Parts

24.57CNY-1.05 (-4.10%)

Price History

Full chart

Market Stats

Previous Close25.62
Open25.53
Day Range24.51 – 25.86
52-Week Range22.91 – 40.37
Volume2.24M
Market Cap6.68B
P/E (TTM)37.47
Forward P/E0.00
EPS0.76
Dividend Yield0.53%
Beta0.45
50-Day Avg27.47
200-Day Avg30.98

About

Bafang Electric (Suzhou) Co.,Ltd. engages in the manufacture and sale of e-mobility components and complete e-drive systems for e-bikes, e-scooters or for public bike-sharing schemes in China and internationally. The company offers front, mid, and rear motors; gear hub products; HMI products, including LCD and LED; and intube, downtube, and rack type batteries. In addition, the company offers Bafang Go app which is connected for cycling journey with remote control, real-time tracking, personalized settings, and navigation. Further, its products are used in eMTB, eRoad, eTour, eCity, eCargo, eFat fields. Bafang Electric (Suzhou) Co.,Ltd. was incorporated in 2003 and is headquartered in Suzhou, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Qinghua Wang
  • Employees1.00K
  • HeadquartersNo.6 Dongyanli Road, Suzhou, China, 215125, China
  • Websitehttps://www.bafang-e.com.cn

Leadership

  • Mr. Qinghua WangChairman & GM · b. 1965
  • Ms. Qin ZhouFinancial Director & Secretary of the Board of Directors · b. 1976
  • Mr. Zhenhua YuDeputy GM & Director · b. 1964
  • Weiwei WuAccounting Supervisor

Financials

Income Statement

Currency: CNY2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue272.95M391.71M615.41M942.10M1.20B1.40B2.65B2.85B1.65B1.36B1.34B
Growth (%)-+43.51%+57.11%+53.09%+27.02%+16.76%+89.47%+7.66%-42.18%-17.66%-1.47%
Cost of Revenue192.95M239.61M358.87M571.63M685.49M793.58M1.74B1.99B1.25B1.04B1.00B
Gross Profit80.00M152.10M256.53M370.47M511.15M603.61M905.11M855.34M400.30M315.30M332.79M
Gross Margin29.31%38.83%41.69%39.32%42.72%43.20%34.19%30.01%24.29%23.24%24.89%
Operating Expense32.63M44.71M182.54M104.02M135.97M135.31M249.29M269.78M263.50M236.72M216.31M
Operating Income47.36M107.39M73.99M266.45M375.18M468.30M655.82M585.56M136.80M78.57M116.48M
Operating Margin17.35%27.42%12.02%28.28%31.35%33.52%24.77%20.55%8.30%5.79%8.71%
EBITDA48.58M107.13M85.12M276.44M384.18M479.21M717.95M624.77M178.24M132.74M175.21M
EBITDA Margin17.80%27.35%13.83%29.34%32.10%34.30%27.12%21.92%10.82%9.78%13.11%
Net Income41.47M89.34M53.33M232.35M323.85M402.29M606.62M512.09M127.86M63.85M102.82M
Net Income Margin15.19%22.81%8.67%24.66%27.06%28.79%22.92%17.97%7.76%4.71%7.69%
R&D11.02M13.61M22.37M30.62M43.90M47.14M80.67M84.81M89.87M82.19M57.97M
R&D as % of Total Revenue4.04%3.48%3.64%3.25%3.67%3.37%3.05%2.98%5.45%6.06%4.34%
Interest Expense-80.95K2.10M616.08K335.74K297.86K1.21M1.48M1.21M1.23M350.84K
Interest Expense % of Total Revenue-0.02%0.34%0.07%0.03%0.02%0.05%0.05%0.07%0.09%0.03%

Balance Sheet

Currency: CNY2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets170.96M291.46M460.38M692.46M2.29B2.85B3.54B3.59B3.34B3.16B3.28B
Total Liabilities78.60M117.75M191.43M231.15M303.83M547.75M867.80M731.79M589.55M514.11M549.32M
Total Equity92.36M173.72M268.96M461.32M1.98B2.30B2.68B2.86B2.75B2.65B2.73B
Cash53.00M122.78M182.15M318.26M789.81M1.86B1.78B1.38B1.54B694.38M774.07M
Total Debt-----15.91M24.44M16.24M11.18M7.16M-
Net Debt-53.00M-122.78M-182.15M-318.26M-789.81M-1.84B-1.75B-1.36B-1.53B-687.22M-

Cash Flow

Currency: CNY2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow42.47M77.15M123.63M218.85M268.52M231.45M334.94M350.80M458.41M165.98M142.00M
Investing Cash Flow-1.70M-246.91K-856.77K-34.72M-999.81M938.87M-164.66M-442.57M-103.21M-855.08M-
Financing Cash Flow-2.00M-8.00M-56.75M-47.33M1.20B-95.84M-250.42M-320.01M-250.96M-181.39M-
Capital Expenditure2.08M1.58M1.95M36.94M26.82M112.93M226.43M268.02M287.18M114.65M92.59M
Free Cash Flow40.38M75.57M121.68M181.91M241.70M118.52M108.51M82.78M171.22M51.33M49.41M
Dividends Paid2.00M8.00M74.75M45.25M40.00M120.00M240.63M240.47M239.41M167.58M23.46M
FCF to OCF95.09%97.95%98.42%83.12%90.01%51.21%32.40%23.60%37.35%30.93%34.79%
Dividend Paid to FCF4.95%10.59%61.43%24.88%16.55%101.25%221.75%290.48%139.82%326.47%47.49%

Earnings

Report DateApr 29, 2020Aug 27, 2020Oct 28, 2020Apr 14, 2021Aug 26, 2021Oct 27, 2021Apr 29, 2022Aug 25, 2022Oct 27, 2022Apr 20, 2023
EPS Estimate----------
EPS Actual0.590.911.051.251.321.041.441.421.030.32
Surprise----------
TimingAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap6.68B
Enterprise Value5.51B
Trailing P/E37.47
Forward P/E0.00
Price / Sales4.30
Price / Book2.47
EPS0.76
Book Value11.92
Revenue (TTM)1.55B
Gross Profit (TTM)422.96M
EBITDA238.70M
Profit Margin11.45%
Operating Margin14.46%
Return on Equity6.52%
Return on Assets3.59%
Shares Outstanding234.62M
Shares Float62.89M
Beta0.45
Dividend Yield0.53%
Dividend Rate0.15
Payout Ratio19.74%

Dividends

20261×
0.15Jun 9, 2026
20251×
0.10Jun 18, 2025
20241×
1.00Jul 8, 2024
20231×
1.43Jun 21, 2023
20221×
1.02Jun 30, 2022
20211×
1.02Jun 25, 2021
20201×
0.51Jun 12, 2020

Stock Splits

  • Jul 8, 20241.4:1
  • Jun 21, 20231.4:1