002284.SHE ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
- Market cap
- CNY 6.82B
- P/E
- 11.3x
- P/B
- 1.79x
- ROE
- 15.5%
- Dividend yield
- 0.54%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002284.SHE undervalued?
Graham number002284.SHE trades 5.4% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD fundamental analysis
No fundamental analysis for ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD yet.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd engages in the development, production, and sale of automotive parts and accessories in China and internationally. It offers automotive basic brake systems, automotive chassis electronic intelligent control systems, wheel motors, and wire-controlled chassis. The company also provides electronics, intelligent driving, hub motors, brake calipers, brake disc, disc brake assembly, drum brakes, pumps, and commercial vehicle br…
Full company profileZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 3.42B | 3.96B | 3.90B | 3.18B | 2.92B | 3.63B | 3.75B | 3.87B | 4.26B | 5.61B | 5.52B |
| Gross Profit | 575M | 570M | 487M | 389M | 366M | 486M | 504M | 632M | 755M | 1.17B | 1.20B |
| Operating Income | 148M | 106M | 21.8M | -87.2M | 16.2M | 49.8M | 71.9M | 99.8M | 229M | 537M | 626M |
| EBITDA | 281M | 285M | 241M | 153M | 192M | 252M | 267M | 377M | 410M | 763M | 633M |
| Net Income | 144M | 83.4M | 7.97M | -98.3M | 16.4M | 43.9M | 67.9M | 97.0M | 213M | 490M | 574M |
| EPS | 0.20 | 0.11 | 0.01 | -0.13 | 0.02 | 0.06 | 0.09 | 0.13 | 0.29 | 0.66 | 0.78 |
| Balance Sheet | |||||||||||
| Total Assets | 4.92B | 6.25B | 5.86B | 5.90B | 5.54B | 5.87B | 6.51B | 6.24B | 7.01B | 8.64B | 8.44B |
| Total Liabilities | 2.21B | 3.35B | 3.03B | 3.21B | 2.84B | 3.15B | 3.80B | 3.44B | 4.08B | 5.25B | 4.72B |
| Shareholders' Equity | 2.65B | 2.85B | 2.79B | 2.65B | 2.66B | 2.68B | 2.67B | 2.79B | 2.91B | 3.36B | 3.71B |
| Cash & Short-term Investments | 637M | 683M | 604M | 1.76B | 1.57B | 1.57B | 2.53B | 2.36B | 3.13B | 1.92B | 1.59B |
| Total Debt | 352M | 1.32B | 1.09B | 1.18B | 1.07B | 1.26B | 1.84B | 1.27B | 1.49B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 219M | 199M | 486M | 316M | 519M | 470M | 403M | 709M | 788M | 1.35B | - |
| Capital Expenditure | 495M | 436M | 256M | 162M | 100M | 135M | 197M | 183M | 199M | 339M | 344M |
| Free Cash Flow | -276M | -237M | 230M | 154M | 419M | 335M | 206M | 526M | 589M | 1.01B | 241M |
| Ratios | |||||||||||
| ROE | 5.4% | 2.9% | 0.3% | -3.7% | 0.6% | 1.6% | 2.5% | 3.5% | 7.3% | 14.6% | 15.5% |
| ROA | 2.9% | 1.3% | 0.1% | -1.7% | 0.3% | 0.7% | 1.0% | 1.6% | 3.0% | 5.7% | 6.8% |
| Net Profit Margin | 4.2% | 2.1% | 0.2% | -3.1% | 0.6% | 1.2% | 1.8% | 2.5% | 5.0% | 8.7% | 10.4% |
| Debt to Equity | 0.13x | 0.46x | 0.39x | 0.45x | 0.40x | 0.47x | 0.69x | 0.46x | 0.51x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD dividends
- Dividend yield
- 0.54%
- Forward dividend
- 0.10 CNY
- Payout ratio
- 7.5%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 37.0M | 0.05 | 7.5% |
| 2024 | CNY 78.5M | 0.11 | 36.9% |
| 2023 | CNY 83.2M | 0.11 | 85.8% |
| 2022 | CNY 73.8M | 0.10 | 108.6% |
| 2021 | CNY 30.7M | 0.04 | 69.8% |
| 2020 | CNY 19.9M | 0.03 | 121.6% |
| 2019 | CNY 18.6M | 0.03 | - |
| 2018 | CNY 97.9M | 0.12 | 1,228.9% |
| 2017 | CNY 96.1M | 0.13 | 115.2% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on Apr 24, 2015.
Who owns ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
- Insiders 44.31%
- Institutions 3.86%
- Public & others 51.83%
- Shares outstanding 739M
- Free float 421M
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD company profile
- Company name
- ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
- Ticker
- 002284.SHE
- ISIN
- CNE100000FJ5
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Aug 28, 2009
- Sector
- Consumer Cyclical
- Industry
- Automobile Components
- Employees
- 3,037
- Fiscal year end
- December
- Address
- No. 1399, Yatai Road, Hangzhou, China, 311203
- Phone
- 86 571 8276 1888
- Website
- apg.cn
About ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd engages in the development, production, and sale of automotive parts and accessories in China and internationally. It offers automotive basic brake systems, automotive chassis electronic intelligent control systems, wheel motors, and wire-controlled chassis. The company also provides electronics, intelligent driving, hub motors, brake calipers, brake disc, disc brake assembly, drum brakes, pumps, and commercial vehicle brake products. Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd was incorporated in 2000 and is headquartered in Hangzhou, China.
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD management
5- Mr. Chaojie HuangGM & Director · born 1992
- Mr. Huadong SunCFO, Deputy GM & Non-Independent Director · born 1985
- Mr. Yong ChenDeputy GM & Non-Independent Director · born 1986
- Ms. Rong QiuDeputy GM & Secretary of the Board of Directors · born 1983
- Yunjuan ChenAccounting Supervisor