Loading…
Auto parts maker within the Wanxiang Group conglomerate, producing universal joints, bearings and hub-unit assemblies.
Auto parts maker within the Wanxiang Group conglomerate, producing universal joints, bearings and hub-unit assemblies.
In one line: A Chinese Dana Incorporated (driveline components).
Moat: narrow (scale, customer qualification). Long-standing Wanxiang Group supply relationships and export scale in driveline parts.
Headquarters: Hangzhou, China · Founded: 1980 · Employees: 8,777
Size Wanxiang Qianchao (000559.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $6.24B, the 400th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.49 on 6 Nov 2026.
Performance Over six months the shares fell 22.4%, against -9.9% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue fell 4.1% over the last twelve months (peer median +7.3%); the operating margin is 7.8% (peer median 7.0%).
Valuation It trades at 36.7× forward earnings against a peer median of 16.9× (6th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +17 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.2 points above its cost of capital (7.3% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥11.9B | CN¥13.4B | CN¥12.8B | CN¥14.5B | CN¥14.0B |
| Revenue growth | — | +4% | -11% | +4% | — |
| Gross profit | CN¥2.62B | CN¥2.20B | CN¥2.13B | CN¥1.95B | CN¥1.64B |
| EBITDA | n/a | CN¥1.51B | CN¥1.47B | CN¥1.36B | CN¥998M |
| Net income | CN¥1.05B | CN¥1.04B | CN¥951M | CN¥822M | CN¥809M |
| Free cash flow | CN¥324M | CN¥1.49B | CN¥1.02B | CN¥905M | CN¥1.02B |
| Capital expenditure | CN¥488M | CN¥230M | CN¥378M | CN¥376M | CN¥310M |
| Total debt | CN¥10.1B | CN¥7.13B | CN¥6.96B | CN¥6.70B | CN¥5.53B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Wanxiang Qianchao 000559.SZ | $6.24B | -22% | -4% | 8% | 36.7× | 21.2% |
| Dana DAN | $2.17B | -38% | -9% | 4% | 6.1× | 8.8% |
| Ntn 6472.T | $1.23B | -15% | +3% | 4% | 13.4× | -2.1% |
| NSK 6471.T | $2.87B | -27% | +26% | 5% | 12.9× | 1.9% |
| Jtekt 6473.T | $3.82B | -1% | +4% | 5% | 11.4× | 1.2% |
| Schaeffler SHA0.DE | $5.83B | -45% | -1% | 2% | 18.4× | 10.7% |
| SKF SKF-A.ST | $12.7B | +18% | -10% | 12% | 16.4× | 5.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000559.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +20.0% | -0.6% | 4th highest of 21 |
| 6-month return | -22.4% | -9.9% | 7th lowest of 21 |
| Distance from 52-week high | -42.7% | -24.4% | 7th lowest of 21 |
| Revenue growth (TTM) | -4.1% | +7.3% | 2nd lowest of 21 |
| Operating margin | 7.8% | 7.0% | 9th highest of 21 |
| Forward P/E | 36.7× | 16.9× | 6th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 21.2% | 2.6% | 3rd most demanding of 15 |
| Growth delivered (Del g) | +4.2% | +7.7% | lowest of 15 |
| Hurdle (Req g minus delivered) | +17.0 pp | -5.1 pp | 3rd most demanding of 15 |
| ROIC minus cost of capital | +1.2 pp | +1.5 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wanxiang Qianchao 000559.SZ | China | $6.24B | -22% | -4% | 8% | 36.7× | 21.2% | +4.2% |
| Zhejiang Sling Intelligent Drive 301550.SZ | China | $6.34B | +14% | +7% | 19% | 230.9× | n/a | n/a |
| Kuang-Chi Technologies 002625.SZ | China | $6.05B | -52% | -7% | 20% | 21.6× | n/a | n/a |
| Anhui Jianghuai Automobile 600418.SS | China | $6.48B | -60% | +23% | -2% | 44.4× | n/a | n/a |
| Sona BLW Precision Forgings SONACOMS.NS | India | $5.94B | +56% | +42% | 17% | 63.7× | 48.2% | +23.6% |
| Schaeffler SHA0.DE | Germany | $5.83B | -45% | -1% | 2% | 18.4× | 10.7% | +13.3% |
| Brembo BRE.MI | Italy | $5.62B | -11% | -3% | 7% | 13.7× | 17.3% | +10.9% |
| Huizhou Desay SV Automotive 002920.SZ | China | $7.12B | -23% | +12% | 7% | 17.5× | n/a | n/a |
| Lear LEA | United States | $5.31B | -21% | +4% | 4% | 6.9× | -1.3% | +6.4% |
| Jiangsu Xinquan Automotive Trim 603179.SS | China | $5.07B | +5% | +12% | 6% | 33.5× | n/a | n/a |
| Suzhou Inovance Automotive 301656.SZ | China | $4.95B | -31% | +28% | 1% | 676.0× | n/a | n/a |
| Huayu Automotive Systems 600741.SS | China | $7.87B | -11% | +1% | 3% | 7.9× | -15.5% | +6.6% |
| UNO Minda UNOMINDA.NS | India | $8.11B | +16% | +19% | 8% | 53.6× | 46.9% | +25.0% |
| HELLA GmbH & Co. KGaA HLE.DE | Germany | $8.26B | -7% | -1% | 5% | 34.7× | 2.4% | +6.1% |
| Ningbo Joyson Electronic 0699.HK | Hong Kong | $4.54B | -39% | -1% | 5% | 9.7× | -1.7% | +4.3% |
| Autoliv ALV | United States | $8.89B | +2% | +4% | 10% | 11.0× | 2.6% | +7.7% |
| Niterra 5334.T | Japan | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% | +11.3% |
| Koito Manufacturing 7276.T | Japan | $4.27B | -6% | +6% | 6% | 13.3× | -0.8% | +6.1% |
| Gentex GNTX | United States | $4.19B | -15% | +8% | 19% | 9.9× | -4.7% | +8.5% |
| Atmus Filtration Technologies ATMU | United States | $4.13B | -9% | +13% | 17% | 16.2× | 8.1% | +7.4% |
| Allison Transmission ALSN | United States | $9.65B | -6% | +71% | 20% | 11.0× | 2.6% | +7.7% |