Nexteer Automotive Group Limited logo

Nexteer Automotive Group Limited

1316.HK

HKSEConsumer CyclicalAuto - Parts

Latest quote

HK$5.10

−HK$0.17 · -3.23%

Aug 24, 4:08 PM HKT

1316.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Nexteer Automotive Group Limited, a motion control technology company, develops, manufactures, and supplies steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which include column assist electric power steering products, intermediate shafts, EPS racks and pinion gears, single and dual pinion assist products, rack-assisted EPS products, modular power packs, steer-by-wires, EPS remanufacturing products, and automated steering actuators, as well as availability, output, and modular EPS products. The company also provides steering column technologies, such as power tilt, power and manual rake and telescope, one-touch adjustable, non-adjustable, stowable steering column, intermediate shaft, and transmission shifter products, as well as safety and crashworthiness, electronic, module, and sub-assembly products; and driveline products comprising half shaft technologies and solutions. In addition, it offers hydraulic power steering products, which comprise magnetic torque overlay, smart flow, power steering pump and reservoir, rack and pinion, and recirculation ball steering gear products, as well as aftermarket solutions; and software products for steering, road surface detection, vehicle health management, brake-to-steer, and safety and cybersecurity. Further, the company provides megatrend alignment solutions, which include electrification, software and connectivity, shared mobility, and advanced driver assistance system and automated driving products. The company was founded in 1906 and is headquartered in Auburn Hills, Michigan.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
US
CEO
Feng Tao Ding
Listed since
Oct 7, 2013
Employees
13,000

Market position

52-week range

Current HK$5.10

Open
HK$5.10
Previous close
HK$5.27
Volume
0
0× average
Average volume
12.05M
Average daily volume
Market cap
12.8B HKD
Beta
1.77
Market reference 1
50-day average
HK$4.2758
+19.28% above average
200-day average
HK$5.6545
-9.81% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.65B USD
P/E (TTM)
13.09×
P/B (TTM)
0.76×
P/S (TTM)
0.35×
EV / EBITDA
4.73×
Earnings yield
4.94%
Free cash flow yield
12.93%
Dividend yield
2.80%

Profitability & efficiency

Gross margin
11.52%
Operating margin
3.78%
Net margin
2.66%
Return on equity
4.83%
Return on assets
2.71%
Return on invested capital
4.29%

Financial health

Debt / equity
0.04×
Current ratio
1.56×
Altman Z-score
4.23
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends13%8%4%-0%Gross margin, FY2021: 10.82%Gross margin, FY2022: 9.56%Gross margin, FY2023: 8.76%Gross margin, FY2024: 11.26%Gross margin, FY2025: 11.55%Operating margin, FY2021: 3.43%Operating margin, FY2022: 2.25%Operating margin, FY2023: 1.46%Operating margin, FY2024: 2.68%Operating margin, FY2025: 3.54%Net margin, FY2021: 3.53%Net margin, FY2022: 1.51%Net margin, FY2023: 0.87%Net margin, FY2024: 1.44%Net margin, FY2025: 2.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 10.82%. Gross margin FY2022 9.56%. Gross margin FY2023 8.76%. Gross margin FY2024 11.26%. Gross margin FY2025 11.55%. Operating margin FY2021 3.43%. Operating margin FY2022 2.25%. Operating margin FY2023 1.46%. Operating margin FY2024 2.68%. Operating margin FY2025 3.54%. Net margin FY2021 3.53%. Net margin FY2022 1.51%. Net margin FY2023 0.87%. Net margin FY2024 1.44%. Net margin FY2025 2.23%.

Income trends

Revenue

4.58B USD+7.21%

Operating income

162.5M USD+41.60%

Net income

102M USD+65.27%
Income trends across reported periods5.04B USD3.22B USD1.4B USD−418.01M USDRevenue, FY2021: 3.36B USDRevenue, FY2022: 3.84B USDRevenue, FY2023: 4.21B USDRevenue, FY2024: 4.28B USDRevenue, FY2025: 4.58B USDOperating income, FY2021: 115.22M USDOperating income, FY2022: 86.58M USDOperating income, FY2023: 61.4M USDOperating income, FY2024: 114.77M USDOperating income, FY2025: 162.5M USDNet income, FY2021: 118.44M USDNet income, FY2022: 58.01M USDNet income, FY2023: 36.74M USDNet income, FY2024: 61.72M USDNet income, FY2025: 102M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.36B USD. Revenue FY2022 3.84B USD. Revenue FY2023 4.21B USD. Revenue FY2024 4.28B USD. Revenue FY2025 4.58B USD. Operating income FY2021 115.22M USD. Operating income FY2022 86.58M USD. Operating income FY2023 61.4M USD. Operating income FY2024 114.77M USD. Operating income FY2025 162.5M USD. Net income FY2021 118.44M USD. Net income FY2022 58.01M USD. Net income FY2023 36.74M USD. Net income FY2024 61.72M USD. Net income FY2025 102M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.58B USD4.28B USD4.21B USD3.84B USD3.36B USD
Cost of goods sold4.05B USD3.79B USD3.84B USD3.47B USD3B USD
Gross profit529.32M USD481.42M USD368.59M USD367.15M USD363.43M USD
Research and development298.63M USD303.3M USD150.69M USD145.08M USD116.3M USD
Selling, general, and administrative192.89M USD168.09M USD154.82M USD150.72M USD149.05M USD
Operating expenses366.82M USD366.65M USD307.19M USD280.83M USD248.21M USD
Interest income8.52M USD−439K USD5.02M USD8.65M USD4.43M USD
Interest expense2.41M USD1.37M USD1.35M USD1.61M USD3.33M USD
Depreciation and amortization146.43M USD137.85M USD291.9M USD269.19M USD252.76M USD
Operating income162.5M USD114.77M USD61.4M USD86.58M USD115.22M USD
Net income102M USD61.72M USD36.74M USD58.01M USD118.44M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
1 beat, 0 misses, 0 met estimates
Average EPS surprise
+13.64%
1 comparable report
Latest EPS result
0.27

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.310.210.110.01Q1 '23BeatQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimateQ3 '26No estimate
Q1 2023, reported Mar 15, 2023: actual 0.125, estimate 0.11, surprise +13.64%, Beat. Q3 2023, reported Aug 16, 2023: actual 0.106, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 0.009, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 15, 2024: actual 0.049, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 19, 2025: actual 0.142, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 13, 2025: actual 0.199, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 24, 2026: actual 0.119, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 12, 2026: actual 0.267, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates19.43B14.04B8.66B3.27BQ1 '23BeatQ3 '23BeatQ1 '24No estimateQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26BeatQ3 '26Beat
Q1 2023, reported Mar 15, 2023: actual 16B HKD, estimate 3.85B HKD, surprise +316.02%, Beat. Q3 2023, reported Aug 16, 2023: actual 16.47B HKD, estimate 16.46B HKD, surprise +0.04%, Beat. Q1 2024, reported Mar 26, 2024: actual 16.44B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 15, 2024: actual 16.39B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 19, 2025: actual 16.91B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 13, 2025: actual 17.6B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 24, 2026: actual 18.23B HKD, estimate 18.23B HKD, surprise +0.02%, Beat. Q3 2026, reported Aug 12, 2026: actual 18.27B HKD, estimate 18.22B HKD, surprise +0.28%, Beat.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.068

2025 complete year-6.5% since 2021

2026 partial: HK$0.1428

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 23, 2026

HK$0.1428

Annual

Record Jun 25, 2026 · Payment Jul 9, 2026

Dividend

Ex-dividend Jun 23, 2025

HK$0.068

Annual

Record Jun 24, 2025 · Payment Jul 9, 2025

Dividend

Ex-dividend Jun 21, 2024

HK$0.0233

Annual

Record Jun 24, 2024 · Payment Jul 9, 2024

Dividend

Ex-dividend Jun 23, 2023

HK$0.0366

Annual

Record Jun 26, 2023 · Payment Jul 10, 2023

Dividend

Ex-dividend Jun 23, 2022

HK$0.0743

Annual

Record Jun 24, 2022 · Payment Jul 11, 2022

Dividend

Ex-dividend Jun 10, 2021

HK$0.0727

Annual

Record Jun 11, 2021 · Payment Jun 28, 2021

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