YOLFTbeta
60

Zhejiang Tieliu Clutch Co Ltd

603926 · SHG · Consumer Cyclical / Auto Parts

17.34CNY-0.50 (-2.80%)

Price History

Full chart

Market Stats

Previous Close17.84
Open17.88
Day Range17.22 – 18.25
52-Week Range13.12 – 28.20
Volume8.23M
Market Cap3.90B
P/E (TTM)39.88
Forward P/E0.00
EPS0.42
Dividend Yield0.78%
Beta1.15
50-Day Avg16.41
200-Day Avg19.30

About

Tieliu Co,.Ltd engages in the manufacture and sale of automotive transmission systems and high-precision components in China and internationally. It operates through core robot component manufacturing; automotive transmission system manufacturing; high-precision component manufacturing; and intelligent commercial vehicle services segments. The company provides automotive transmission products, such as clutch kit, hydraulic converter, self-adjusting clutch, concentric slave cylinder, dual-mass flywheel, wind power yaw brake, torsion-limited damper, release bearing, brake pads, AMT heavy truck special kit, commercial vehicle clutch, mining vehicle sheet metal, dry DCT dual clutch, wet double clutch, and double-plate oblique spiral spring clutch under the TIELIU, WESTLAKE, DELSAH, CITIAN, and ZDL brand names. It also offers automotive smart services; and hydrogen pump, vacuum shaft, injector body, radiator, e-brake shaft, pump flange, sleeve, function structure part, and ECS body structure parts. The company was formerly known as Zhejiang Tieliu Clutch Co., Ltd. and changed its name to Tieliu Co,.Ltd in September 2023. Tieliu Co,.Ltd was founded in 2009 and is headquartered in Hangzhou, China.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Ning Guo
  • Employees2.11K
  • HeadquartersNo. 398, Xingguo Road, Hangzhou, China, 311100, China
  • Websitehttps://www.chinaclutch.com

Leadership

  • Mr. Ning GuoChairman & GM · b. 1982
  • Ms. Huijin ZhaoFinance Director & Accounting Supervisor · b. 1987
  • Mr. Jian FangDeputy GM & Director · b. 1982
  • Mr. Dinghua ZhaoDeputy GM & Director · b. 1982
  • Ms. Ying ZhouBoard Secretary · b. 1987
  • Mr. Tieqiao HuangDeputy General Manager · b. 1979

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 Revenue757.90M825.57M736.31M678.95M724.05M851.94M1.29B1.46B1.51B1.88B2.10B2.20B2.40B2.38B
Growth (%)-+8.93%-10.81%-7.79%+6.64%+17.66%+51.92%+12.86%+3.24%+24.57%+11.58%+4.94%+9.12%-0.77%
Cost of Revenue547.27M561.41M490.90M456.19M476.78M591.27M959.94M1.09B1.13B1.43B1.77B1.86B2.00B1.98B
Gross Profit210.63M264.16M245.41M222.77M247.27M260.67M334.34M368.12M381.51M447.99M328.39M340.56M397.89M399.05M
Gross Margin27.79%32.00%33.33%32.81%34.15%30.60%25.83%25.20%25.30%23.85%15.67%15.48%16.58%16.76%
Operating Expense105.45M116.87M119.71M115.72M117.92M132.68M221.08M238.44M186.55M261.92M246.81M241.10M282.46M273.77M
Operating Income105.19M147.30M125.70M107.04M129.35M127.99M113.27M129.68M194.97M186.07M81.58M99.46M115.43M125.28M
Operating Margin13.88%17.84%17.07%15.77%17.86%15.02%8.75%8.88%12.93%9.90%3.89%4.52%4.81%5.26%
EBITDA100.56M143.12M152.70M132.79M154.60M151.20M165.38M212.45M273.32M280.34M177.94M205.16M226.72M206.42M
EBITDA Margin13.27%17.34%20.74%19.56%21.35%17.75%12.78%14.54%18.12%14.92%8.49%9.33%9.45%8.67%
Net Income78.21M117.16M110.00M94.08M111.90M109.18M100.37M121.10M161.37M176.53M83.72M98.29M103.11M77.48M
Net Income Margin10.32%14.19%14.94%13.86%15.45%12.82%7.75%8.29%10.70%9.40%3.99%4.47%4.30%3.25%
R&D27.63M29.93M27.94M25.13M28.46M34.74M48.12M43.86M44.61M57.98M47.35M57.30M57.33M60.67M
R&D as % of Total Revenue3.65%3.63%3.79%3.70%3.93%4.08%3.72%3.00%2.96%3.09%2.26%2.61%2.39%2.55%
Interest Expense4.71M-3.58M2.72M2.47M1.28M9.86M11.13M7.86M9.03M12.95M12.11M15.59M11.69M
Interest Expense % of Total Revenue0.62%-0.49%0.40%0.34%0.15%0.76%0.76%0.52%0.48%0.62%0.55%0.65%0.49%

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 Assets500.44M556.42M532.04M614.03M760.28M1.43B1.64B2.06B2.21B2.71B2.59B2.82B3.04B3.05B
Total Liabilities198.68M227.17M184.74M200.50M256.38M258.11M513.59M912.90M924.81M1.16B978.65M1.12B1.32B1.30B
Total Equity301.76M329.25M347.30M413.53M498.92M1.17B1.12B1.13B1.27B1.53B1.59B1.67B1.68B1.72B
Cash77.00M140.61M88.26M106.03M138.01M188.59M188.06M299.81M530.64M534.29M548.67M642.21M456.39M560.14M
Total Debt62.03M104.43M57.06M20.30M28.96M22.98M212.01M304.09M240.58M283.47M305.13M316.67M307.07M-
Net Debt-14.96M-36.18M-31.20M-85.73M-109.05M-165.61M23.95M4.28M-290.05M-250.81M-243.54M-325.54M-149.32M-

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 Flow118.56M165.74M141.25M164.15M89.84M66.73M109.28M240.84M224.42M157.40M262.27M343.59M211.58M276.03M
Investing Cash Flow-39.73M-34.69M-51.21M-82.73M-44.61M-557.20M-8.79M-19.97M207.08M-245.63M-184.16M-171.09M-355.66M-
Financing Cash Flow-98.90M-63.01M-140.23M-65.54M-19.00M547.90M-95.73M-141.68M-183.24M-15.35M-56.29M-62.75M-71.60M-
Capital Expenditure42.81M39.66M53.23M79.76M45.25M55.10M65.59M112.29M114.57M106.96M166.45M128.07M94.87M101.59M
Free Cash Flow75.75M126.07M88.02M84.39M44.59M11.63M43.70M128.55M109.84M50.44M95.82M215.52M116.71M174.43M
Dividends Paid50.42M95.42M92.73M28.84M28.00M1.32M162.97M30.85M48.04M86.08M36.21M33.31M97.86M69.13M
FCF to OCF63.89%76.07%62.32%51.41%49.64%17.42%39.98%53.38%48.95%32.05%36.53%62.73%55.16%63.19%
Dividend Paid to FCF66.56%75.69%105.35%34.17%62.78%11.34%372.97%24.00%43.73%170.65%37.79%15.45%83.85%39.63%

Earnings

Report DateMay 9, 2017Aug 16, 2017Oct 31, 2017Mar 8, 2018Apr 28, 2018Aug 30, 2018Oct 29, 2018Dec 31, 2018Apr 24, 2019Aug 22, 2019Oct 28, 2019Dec 31, 2019Apr 23, 2020Aug 25, 2020Oct 27, 2020Dec 31, 2020Apr 27, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate0.00------------------------
EPS Actual0.300.270.300.170.190.190.150.100.120.160.130.210.270.240.190.350.340.250.210.110.120.120.060.060.10
Surprise-------------------------
Timing-------------------------

Key Statistics & Ratios

Market Cap3.90B
Enterprise Value3.52B
Trailing P/E39.88
Forward P/E0.00
Price / Sales1.63
Price / Book2.33
EPS0.42
Book Value7.55
Revenue (TTM)2.40B
Gross Profit (TTM)411.41M
EBITDA231.39M
Profit Margin4.07%
Operating Margin6.55%
Return on Equity5.08%
Return on Assets2.68%
Shares Outstanding232.99M
Shares Float117.02M
Beta1.15
Dividend Yield0.78%
Dividend Rate0.13
Payout Ratio30.95%

Dividends

20231×
0.11May 30, 2023
20221×
0.17May 31, 2022
20211×
0.38Jun 17, 2021
20201×
0.23Jul 8, 2020
20191×
0.19Jun 18, 2019
20181×
0.68Apr 18, 2018

Stock Splits

  • May 31, 202213:10
  • Jun 18, 201913:10