Zhejiang Dehong Automotive

603701 · SHG · Consumer Cyclical / Auto Parts

17.50CNY-0.55 (-3.05%)

Price History

Full chart

Market Stats

Previous Close18.05

Open18.01

Day Range17.41 – 18.15

52-Week Range15.75 – 26.55

Volume1.70M

Market Cap4.76B

P/E (TTM)364.20

Forward P/E0.00

EPS0.05

Dividend Yield0.22%

Beta0.49

50-Day Avg19.23

200-Day Avg21.57

About

Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd., together with its subsidiaries, engages in the research, development, manufacturing, sale, and services of automobile alternators in China and internationally. Its products are used in commercial vehicles, passenger cars, aftermarket products, electronic vacuum pumps, and energy storage equipment. The company was formerly known as Shenhu Automobile Electrical Machinery Factory and changed its name to Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd. in January 2000. Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd. was founded in 1978 and is headquartered in Huzhou, China.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMr. Ming Chen
Employees562
HeadquartersNo.1888, Southern Taihu Avenue, Huzhou, China, 313000, China
Websitehttps://www.dehong.com.cn

Leadership

Mr. Ming ChenGM & Director · b. 1984
Mr. Guoqiang ZhuSecretary of the Board of Directors · b. 1976
Mr. Jianfeng CaiDeputy General Manager · b. 1978
Chun Hui CaiAccounting Supervisor

Financials

Income Statement

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	359.19M	329.26M	377.11M	417.28M	409.43M	415.98M	509.03M	458.96M	476.20M	599.76M	592.54M	491.83M	648.10M	707.03M	921.66M
Growth (%)	-	-8.33%	+14.53%	+10.65%	-1.88%	+1.60%	+22.37%	-9.84%	+3.76%	+25.95%	-1.20%	-17.00%	+31.77%	+9.09%	+30.36%
Cost of Revenue	257.88M	230.81M	264.95M	289.29M	272.59M	273.67M	345.09M	318.28M	337.40M	445.79M	480.76M	402.07M	547.27M	617.90M	798.60M
Gross Profit	101.31M	98.46M	112.16M	127.99M	136.84M	142.31M	163.94M	140.67M	138.80M	153.97M	111.78M	89.76M	100.83M	89.14M	123.06M
Gross Margin	28.21%	29.90%	29.74%	30.67%	33.42%	34.21%	32.21%	30.65%	29.15%	25.67%	18.86%	18.25%	15.56%	12.61%	13.35%
Operating Expense	56.96M	55.03M	59.87M	70.67M	74.50M	66.18M	70.61M	11.81M	73.44M	79.95M	72.00M	70.07M	72.33M	28.78M	81.70M
Operating Income	44.36M	43.43M	52.29M	57.32M	62.34M	76.14M	93.33M	128.87M	65.37M	74.02M	39.78M	19.69M	28.50M	60.36M	41.36M
Operating Margin	12.35%	13.19%	13.87%	13.74%	15.23%	18.30%	18.33%	28.08%	13.73%	12.34%	6.71%	4.00%	4.40%	8.54%	4.49%
EBITDA	50.37M	54.46M	64.30M	73.53M	75.57M	92.21M	107.78M	144.84M	82.12M	91.28M	60.71M	43.51M	50.37M	82.70M	56.92M
EBITDA Margin	14.02%	16.54%	17.05%	17.62%	18.46%	22.17%	21.17%	31.56%	17.25%	15.22%	10.25%	8.85%	7.77%	11.70%	6.18%
Net Income	49.00M	36.66M	43.73M	50.72M	54.66M	67.74M	80.69M	110.83M	57.51M	63.49M	38.93M	11.08M	19.96M	46.13M	11.54M
Net Income Margin	13.64%	11.13%	11.60%	12.15%	13.35%	16.28%	15.85%	24.15%	12.08%	10.59%	6.57%	2.25%	3.08%	6.52%	1.25%
R&D	12.52M	12.91M	13.86M	14.50M	15.02M	15.35M	17.54M	21.11M	17.38M	19.21M	21.04M	18.01M	19.64M	18.37M	18.59M
R&D as % of Total Revenue	3.49%	3.92%	3.67%	3.48%	3.67%	3.69%	3.44%	4.60%	3.65%	3.20%	3.55%	3.66%	3.03%	2.60%	2.02%
Interest Expense	4.04M	4.42M	3.98M	3.30M	0	1.14M	1.38M	924.51K	551.89K	746.28K	220.18K	954.03K	323.79K	1.39M	3.79M
Interest Expense % of Total Revenue	1.13%	1.34%	1.06%	0.79%	0.00%	0.27%	0.27%	0.20%	0.12%	0.12%	0.04%	0.19%	0.05%	0.20%	0.41%

Balance Sheet

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	375.52M	395.63M	416.65M	438.71M	472.40M	742.12M	849.69M	910.02M	975.61M	992.03M	958.69M	1.02B	1.14B	1.28B	1.49B
Total Liabilities	198.07M	194.09M	189.42M	187.56M	194.53M	195.55M	257.29M	214.30M	270.51M	272.73M	214.30M	251.06M	347.64M	448.18M	655.87M
Total Equity	175.98M	199.90M	225.99M	250.24M	277.27M	546.35M	592.25M	695.89M	698.04M	719.11M	744.39M	742.39M	762.35M	801.95M	803.20M
Cash	26.68M	40.80M	45.20M	35.87M	27.01M	107.13M	72.31M	87.66M	103.60M	98.61M	125.64M	75.81M	73.31M	171.98M	99.71M
Total Debt	77.51M	77.50M	59.50M	43.00M	25.00M	10.00M	10.00M	9.00M	9.01M	9.14M	31.70M	6.06M	234.40K	71.04M	-
Net Debt	50.82M	36.70M	14.30M	7.13M	-2.01M	-97.13M	-62.31M	-78.66M	-94.59M	-89.47M	-93.94M	-69.75M	-73.08M	-100.94M	69.31M

Cash Flow

Currency: CNY	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	55.82M	49.78M	53.21M	48.79M	73.79M	74.94M	53.36M	65.84M	75.68M	19.38M	55.59M	41.99M	-37.51M	67.42M	-81.42M
Investing Cash Flow	-36.03M	-19.44M	-8.96M	-15.35M	-30.34M	-186.17M	-71.89M	-51.39M	9.16M	34.10M	4.97M	-90.44M	41.11M	-42.77M	-
Financing Cash Flow	-12.98M	-16.20M	-39.40M	-46.02M	-48.59M	190.40M	-15.27M	898.13K	-68.91M	-60.76M	-35.44M	1.63M	-13.16M	82.93M	-
Capital Expenditure	43.01M	21.32M	10.20M	15.54M	31.06M	57.59M	46.61M	39.68M	50.48M	34.62M	21.11M	19.03M	27.09M	39.18M	165.08M
Free Cash Flow	12.81M	28.46M	43.01M	33.25M	42.73M	17.35M	6.74M	26.16M	25.20M	-15.23M	34.48M	22.96M	-67.20M	28.24M	-246.50M
Dividends Paid	5.12M	16.19M	21.40M	29.52M	30.59M	22.72M	38.57M	24.19M	71.80M	40.41M	12.38M	13.07M	3.20M	7.43M	15.00M
FCF to OCF	22.94%	57.18%	80.84%	68.15%	57.91%	23.15%	12.64%	39.73%	33.30%	-78.60%	62.03%	54.68%	179.14%	41.89%	302.75%
Dividend Paid to FCF	39.96%	56.90%	49.75%	88.79%	71.58%	130.96%	572.01%	92.49%	284.90%	-265.29%	35.89%	56.91%	-4.77%	26.30%	-6.09%

Earnings

Report Date	Jun 30, 2016	Sep 30, 2016	Dec 31, 2016	Mar 31, 2017	Jun 30, 2017	Sep 30, 2017	Dec 31, 2017	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Dec 31, 2019	Mar 31, 2020	Aug 28, 2020	Oct 29, 2020	Dec 31, 2020	Apr 29, 2021	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.08	0.07	0.06	0.08	0.08	0.07	0.08	0.08	0.08	0.24	0.03	0.06	0.07	0.05	0.05	0.03	0.09	0.08	0.05	0.06	0.04	0.02	0.03	0.02	0.03	-0.00	-0.00	0.03
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap4.76B

Enterprise Value5.28B

Trailing P/E364.20

Forward P/E0.00

Price / Sales4.44

Price / Book6.26

EPS0.05

Book Value3.08

Revenue (TTM)1.07B

Gross Profit (TTM)129.47M

EBITDA55.52M

Profit Margin1.29%

Operating Margin1.34%

Return on Equity3.03%

Return on Assets1.00%

Shares Outstanding261.36M

Shares Float126.86M

Beta0.49

Dividend Yield0.22%

Dividend Rate0.04

Payout Ratio80.00%

Dividends

20221×

0.05Jun 29, 2022

20211×

0.05Jun 23, 2021

20201×

0.20Jun 4, 2020

20191×

0.38Jun 5, 2019

20181×

0.11Jun 12, 2018

20172×

0.07Sep 21, 20170.11May 19, 2017

20161×

0.09Jul 29, 2016

Stock Splits

Jun 4, 202013:10
Jun 5, 20197:5
Jun 12, 20186:5
Sep 21, 20176:5
May 19, 20175:4