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ADD Industry (Zhejiang) Corp Ltd A 603089

Morningstar Rating
CNY 9.85 +0.32 (3.36%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

603089 is trading at a 41% discount.
Price
CNY 9.80
Fair Value
CNY 73.65
Uncertainty
Very High
1-Star Price
CNY 38.87
5-Star Price
CNY 1.19
Economic Moat
Lqqv
Capital Allocation
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Trading Information

Previous Close Price
CNY 9.53
Day Range
CNY 9.499.90
52-Week Range
CNY 6.2215.41
Bid/Ask
CNY 9.84 / CNY 9.85
Market Cap
CNY 2.20 Bil
Volume/Avg
6.8 Mil / 6.1 Mil

Key Statistics

Price/Earnings (Normalized)
29.45
Price/Sales
1.20
Dividend Yield (Trailing)
1.02%
Dividend Yield (Forward)
1.02%
Total Yield
1.02%

Company Profile

ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
Sector
Consumer Cyclical
Industry
Auto Parts
Stock Style Box
Small Core
Total Number of Employees
3,144

Comparables

Valuation

Metric
603089
002284
603596
Price/Earnings (Normalized)
29.4563.1727.68
Price/Book Value
1.882.074.21
Price/Sales
1.201.493.09
Price/Cash Flow
7.6513.1631.04
Price/Earnings
603089
002284
603596

Financial Strength

Metric
603089
002284
603596
Quick Ratio
0.671.071.57
Current Ratio
1.151.301.87
Interest Coverage
3.941.3443.68
Quick Ratio
603089
002284
603596

Profitability

Metric
603089
002284
603596
Return on Assets (Normalized)
2.92%9.01%
Return on Equity (Normalized)
6.75%17.69%
Return on Invested Capital (Normalized)
4.88%14.18%
Return on Assets
603089
002284
603596
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Auto Parts Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
DNZOY
Denso Corp ADRPtxvfhj$48.8 Bil
DNZOF
Denso CorpZnjzkn$48.8 Bil
BRDCF
Bridgestone CorpLwjrqw$30.1 Bil
GPC
Genuine Parts CoHyqbdhmVltwg$21.8 Bil
MGA
Magna International IncJpngmfjpLjt$13.7 Bil
LKQ
LKQ CorpYlclczxcdFfkmvgd$11.5 Bil
GNTX
Gentex CorpZvnbprppFplhmwq$7.9 Bil
BWA
BorgWarner IncTzvyqptlPpsyrz$7.6 Bil
ALSN
Allison Transmission Holdings IncYnpbtxxhHhrxvtl$6.5 Bil
ADNT
Adient PLCSrpkqhhlhQybnv$2.7 Bil

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