Loading…
← CockpitCompetitor Analysis › 002085.SZ Zhejiang Wanfeng Auto Wheel Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Wanfeng Auto Wheel Co., Ltd. Class A002085.SZCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Auto Parts: OEM

Chinese maker of aluminum alloy automotive wheels, part of the Wanfeng Aoke industrial group which also makes general-aviation aircraft.

Momentum laggard 18
Mkt cap
$2.64B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$121M
20-day average traded
Fwd P/E
19.5×
forward earnings
ROIC−WACC
+2.2 pp
WACC 6.4%
Hurdle
-5 pp
Req g minus delivered
Next earnings
174 days
29 Apr 2027
Close · CNYCN¥8.77
1D-1.7%
1W+5.3%
1M-4.9%
3M-19.5%
6M-35.7%
YTD-45.2%
1Y-48.9%
ATR %5.3%
52w lowhigh51.7% off high

What Zhejiang Wanfeng Auto Wheel does

Chinese maker of aluminum alloy automotive wheels, part of the Wanfeng Aoke industrial group which also makes general-aviation aircraft.

Wins wheel designs for car models at the design stage and then supplies them over the model's life, so income follows automakers' production. Sells both to domestic carmakers and to export programs.

Products and services

  • Aluminum alloy wheels
  • Magnesium alloy auto parts
  • General-aviation aircraft (affiliate)

Customers

  • Domestic and export automakers

Where it sits in the supply chain

  • Consumer discretionary
  • Auto parts
  • Aluminum alloy wheels

What could go right

  • EV lightweighting demand

What could go wrong

  • Aluminum price volatility
  • Auto production cyclicality

Moat: narrow (scale, customer qualification). Large-scale qualified wheel supplier to major domestic and export OEM programs.

Headquarters: Xinchang, Zhejiang, China · Founded: 1994 · Employees: 10,715

Named competitors

  • Citic Dicastal private or unlisted
  • Zhongnan Diesel Engine private or unlisted
  • Xingmin Intelligent Transportation Systems 002355.SZ
  • Enkei private or unlisted
  • Topy Industries 7231.T
  • Iochpe-Maxion private or unlisted

Zhejiang Wanfeng Auto Wheel at a glance

Size Zhejiang Wanfeng Auto Wheel (002085.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $2.64B, the 981st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.77 on 6 Nov 2026.

Performance Over six months the shares fell 35.7%, against -9.4% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue fell 1.7% over the last twelve months (peer median +9.3%); the operating margin is 6.7% (peer median 7.3%).

Valuation It trades at 19.5× forward earnings against a peer median of 22.7× (9th cheapest of 20).

Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -5 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.2 points above its cost of capital (6.4% WACC).

Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 90002085.SZ 63
Six months, rebased to 100: Zhejiang Wanfeng Auto Wheel against the median of its 20 peers (local-currency closes).

Zhejiang Wanfeng Auto Wheel financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥16.0BCN¥16.0BCN¥16.2BCN¥16.2BCN¥16.4B
Revenue growth—-2%0%-1%—
Gross profitCN¥2.91BCN¥2.59BCN¥2.58BCN¥3.14BCN¥2.86B
EBITDAn/aCN¥1.91BCN¥1.68BCN¥2.50BCN¥2.30B
Net incomeCN¥799MCN¥987MCN¥653MCN¥727MCN¥809M
Free cash flowCN¥968MCN¥902MCN¥568MCN¥1.55BCN¥980M
Capital expenditureCN¥567MCN¥562MCN¥614MCN¥560MCN¥354M
Total debtCN¥6.55BCN¥4.71BCN¥4.51BCN¥4.69BCN¥5.99B

Quarterly statements and history in the cockpit →

Zhejiang Wanfeng Auto Wheel competitor charts

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.

Performance: 6-month against 1-month return

-25%0%+25%+50%-20%0%+20%603009002536GABRIELMSUMIZFCVINDIATVSHLTDPHINESCORTSSANSERA64713015296923603730SUNDRMFAST601799FR0188800005816033583116002085.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Wanfeng Auto Wheel is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%0×50×100×603009002536GABRIELMSUMIZFCVINDIAPHINESCORTSSANSERA64713015296923603730SUNDRMFAST601799FR0005816033583116002085.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Wanfeng Auto Wheel is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%GABRIELMSUMIZFCVINDIAPHINESCORTS64713015296923603730601799FR0005813116002085.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zhejiang Wanfeng Auto Wheel is the large dot.

Zhejiang Wanfeng Auto Wheel competitors and peer comparison

Head to head with its named competitors (002085.SZ vs 002355.SZ vs 7231.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Zhejiang Wanfeng Auto Wheel 002085.SZ$2.64B-36%-2%7%19.5×3.7%
Xingmin Intelligent Transportation Systems (Group) 002355.SZ$426M-29%+20%-19%n/an/a
Topy Industries 7231.T$440M+1%+2%2%9.0×6.0%

How Zhejiang Wanfeng Auto Wheel compares with its peers

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.

Zhejiang Wanfeng Auto Wheel against its 20 peers (data as of 6 Nov 2026)
Measure002085.SZPeer medianRank in peer set
1-month return-4.9%-4.7%11th highest of 21
6-month return-35.7%-9.4%2nd lowest of 21
Distance from 52-week high-51.7%-30.1%3rd lowest of 21
Revenue growth (TTM)-1.7%+9.3%3rd lowest of 21
Operating margin6.7%7.3%8th lowest of 21
Forward P/E19.5×22.7×9th cheapest of 20
Growth the price implies (Req g, 7 yrs)3.7%13.0%8th least demanding of 16
Growth delivered (Del g)+8.4%+10.7%5th lowest of 16
Hurdle (Req g minus delivered)-4.7 pp+2.8 pp7th least demanding of 16
ROIC minus cost of capital+2.2 pp-1.6 pp6th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Zhejiang Wanfeng Auto Wheel 002085.SZChina$2.64B-36%-2%7%19.5×3.7%+8.4%
Shanghai Beite Technology 603009.SSChina$2.64B+11%+9%7%114.7×n/an/a
Feilong Auto Components 002536.SZChina$2.60B-20%+5%4%35.4×n/an/a
Gabriel India GABRIEL.NSIndia$2.58B+22%+24%7%47.7×55.1%+22.5%
Motherson Sumi Wiring India MSUMI.NSIndia$2.75B-9%+36%7%32.1×30.0%+23.8%
ZF Commercial Vehicle Control Systems India ZFCVINDIA.NSIndia$2.76B-5%+9%13%44.2×31.9%+17.3%
TVS TVSHLTD.NSIndia$2.78B-10%+35%14%n/an/an/a
PHINIA PHINUnited States$2.48B-14%+6%9%10.1×0.4%+27.5%
Escorts Kubota ESCORTS.NSIndia$2.84B-27%+19%9%21.8×21.0%+10.7%
Sansera Engineering SANSERA.NSIndia$2.86B+70%+23%13%61.5×n/an/a
NSK 6471.TJapan$2.87B-27%+26%5%12.9×1.9%+4.0%
WuHu Foresight Technology 301529.SZChina$2.89B+66%+4%9%113.6×55.9%+29.9%
Stanley Electric 6923.TJapan$2.41B+1%+11%7%9.9×1.3%+7.6%
Shanghai Daimay Automotive Interior 603730.SSChina$2.90B-18%-2%13%22.7×13.0%+10.3%
Sundram Fasteners SUNDRMFAST.NSIndia$2.40B+24%+17%12%31.6×28.4%+11.6%
Changzhou Xingyu Automotive Lighting Systems 601799.SSChina$2.92B-45%+2%9%13.4×-0.6%+15.8%
Valeo FR.PAFrance$3.00B-15%-2%4%7.3×-8.2%+4.9%
Hanon Systems 018880.KSSouth Korea$2.31B-28%+5%4%12.3×3.6%+9.6%
Weifu High-Technology 000581.SZChina$2.29B-11%+17%-3%10.2×16.4%-1.4%
Huada Automotive Technology 603358.SSChina$2.28B+3%+5%-3%24.7×n/an/a
Toyota Boshoku 3116.TJapan$2.28B-9%+8%2%7.7×-7.3%+9.9%

Questions

Who are Zhejiang Wanfeng Auto Wheel's main competitors?
Named competitors: Citic Dicastal (private or unlisted), Zhongnan Diesel Engine (private or unlisted), Xingmin Intelligent Transportation Systems (002355.SZ), Enkei (private or unlisted), Topy Industries (7231.T), Iochpe-Maxion (private or unlisted). The cockpit's measured peer set (industry) also includes Shanghai Beite Technology (603009.SS), Feilong Auto Components (002536.SZ), Gabriel India (GABRIEL.NS), Motherson Sumi Wiring India (MSUMI.NS), ZF Commercial Vehicle Control Systems India (ZFCVINDIA.NS), TVS (TVSHLTD.NS).
Is Zhejiang Wanfeng Auto Wheel expensive compared with its peers?
On forward p/e it trades at 19.5× against a peer median of 22.7×, 9th cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -5 pp: the price already allows for a slowdown.
How has Zhejiang Wanfeng Auto Wheel stock performed?
Over six months to 6 Nov 2026 the shares returned -35.7% against -9.4% for the median peer; over one year -48.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.