Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002406.SZ
HOLDREMOVEXuchang Yuandong Drive Shaft Co.Ltd · Consumer Cyclical · China · $955M · Avg Vol: $63M/d
Automotive drive shaft manufacturer operating in a highly cyclical, low-margin industry with no structural moat or connection to our macro themes.
COMPANY DESCRIPTION
Xuchang Yuandong Drive Shaft Co., Ltd. is China's largest specialized manufacturer of cardan drive shafts for commercial vehicles, passenger cars, and construction machinery. The company maintains a dominant domestic market share, serving as a primary supplier to major automotive OEMs including FAW, Dongfeng, and Foton. Its highly automated production facilities and proprietary forging technologies establish a strong cost and quality barrier against competitors.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 159M | 193M | 189M | 232M | 13.5% |
| EPS | 0.02 | 0.02 | 0.02 | 0.03 | 20.5% |
| Shares | 624M | 730M | 730M | 730M | +17.0% |
| Debt | 71M | 9M | 6M | 355,774 | -82.9% |
| Equity | 511M | 588M | 595M | 602M | 5.6% |
| Op CF | 52M | 5M | 16M | 12M | -38.4% |
| Inv CF | -20M | -17M | 7M | -6M | — |
| Fin CF | -8M | -1M | -5M | -22M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 002406.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002406.SZ | Xuchang Yuandong Drive Shaft Co.Ltd(you) | $955M | 50 | HOLD |
| 603489.SS | Bafang Electric (Suzhou) Co.,Ltd. | $1.2B | 48 | HOLD |
| 000030.SZ | FAWER Automotive Parts Limited Company | $1.2B | 47 | HOLD |
| 002516.SZ | Kuangda Technology Group Co., Ltd. | $1.3B | 50 | HOLD |
| 002284.SZ | Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd | $1.3B | 47 | HOLD |
| 300681.SZ | Zhuhai Enpower Electric Co.,Ltd. | $1.5B | 49 | HOLD |
| 603202.SS | Heilongjiang Tianyouwei Electronics Co., Ltd. | $1.5B | 50 | HOLD |
| 605088.SS | GSP Automotive Group Wenzhou Co.,Ltd. | $1.0B | 41 | HOLD |
| 605018.SS | Changhua Holding Group Co., Ltd. | $943M | 38 | HOLD |
| 605228.SS | Shentong Technology Group Co., Ltd | $916M | 39 | HOLD |
Peer medians: ROE 7.0% · P/E 23.9x · Gross margin 21.9%