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Brilliance China Automotive Holdings Limited, an investment holding company, manufactures and sells minibuses and automotive components in the People?s Republic of China. The company offers its minibuses under the JinBei and Granse brands. It also provides automotive parts and components, including mouldings, seats, axles, safety and airbag systems, interior decoration items, and engines for minibuses, sedans, SUVs, light duty trucks, etc. In addition, the company is also involved in the manufacture and sale of BMW vehicles. It has strategic partnership with BMW, Toyota, Magna, Bosch, Continental, Delphi, TI Automotive, and Johnson Controls. The company was founded in 1949 and is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange.
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Brilliance China Automotive Holdings Ltd is a Chinese automaker historically active in passenger cars and light commercial vehicles and has operated a long-standing joint venture with BMW to produce and sell BMW-branded models in China. Long-term growth drivers include China's vehicle market recovery and electrification, potential value from asset restructuring and joint-venture economics, and steady demand for commercial vehicles, which may appeal to investors seeking exposure to China's auto sector.
Material risks include limited transparent disclosure for its OTC listing, reliance on joint-venture outcomes and restructuring, intense competition from domestic EV entrants, and macro and regulatory risks in China.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 2248.95M | 4519.90M | 8262.81M | 7142.77M | 10459.61M |
| Minority interest | - | 55.45M | -1.46M | 0.07M | 1519.73M |
| Net income | 1934.44M | 3101.07M | 7734.99M | 7146.90M | 11960.52M |
| Selling general administrative | - | 528.64M | 432.27M | 437.80M | 2941.52M |
| Selling and marketing expenses | - | 53.60M | 45.25M | 33.93M | 140.46M |
| Gross profit | 159.27M | 193.88M | 288.48M | 235.57M | 180.73M |
| Reconciled depreciation | - | 188.51M | 84.61M | 86.47M | 312.05M |
| Ebit | -461.24M | -279.20M | 8264.56M | 6376.42M | 10585.28M |
| Ebitda | -333.20M | -141.60M | 8349.17M | 6462.89M | 10897.33M |
| Depreciation and amortization | 128.04M | 137.60M | 84.61M | 86.47M | 312.05M |
| Operating income | -461.24M | -334.45M | -202.45M | 6376.42M | 10585.28M |
| Other operating expenses | 1612.66M | 1430.40M | 1323.90M | 8990.13M | 6001.76M |
| Interest expense | 5.40M | 3.68M | 1.74M | 12.93M | 125.67M |
| Tax provision | - | 1474.28M | 526.36M | -4.06M | 18.82M |
| Interest income | - | 417.84M | 670.17M | 416.32M | 49.80M |
| Net interest income | - | 414.15M | 668.43M | 403.40M | -75.87M |
| Income tax expense | 434.80M | 1474.28M | 526.36M | -4.06M | 18.82M |
| Total revenue | 1151.42M | 1095.95M | 1121.45M | 1130.72M | 2141.95M |
| Total operating expenses | 620.51M | 528.33M | 562.34M | 8094.98M | 4040.54M |
| Cost of revenue | 992.15M | 902.07M | 832.98M | 895.15M | 1961.22M |
| Total other income expense net | 2710.19M | 4854.35M | 8465.26M | 766.35M | -125.67M |
| Net income from continuing ops | - | 3045.62M | 7736.45M | 7146.83M | 10440.79M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 23592.07M | 29105.72M | 55154.62M | 55426.60M | 49951.00M |
| Intangible assets | - | 131.43M | 106.00M | 113.96M | 119.61M |
| Other current assets | 625.85M | 677.80M | 4329.45M | 32.50M | 32.50M |
| Total liab | 1641.04M | 2007.83M | 3263.49M | 3209.78M | 8776.66M |
| Total stockholder equity | 21037.14M | 26060.98M | 51118.10M | 51445.25M | 42328.70M |
| Other current liab | 817.65M | 955.90M | 1727.41M | 2223.77M | 4682.92M |
| Common stock | 397.38M | 397.18M | 397.18M | 397.18M | 397.18M |
| Capital stock | - | 397.18M | 397.18M | 397.18M | 397.18M |
| Retained earnings | - | 23609.03M | 47718.86M | 48605.71M | 43809.30M |
| Cash | 5211.62M | 10539.55M | 30845.79M | 28463.28M | 1049.25M |
| Total current liabilities | 1475.51M | 1835.65M | 3178.66M | 3114.20M | 8613.07M |
| Current deferred revenue | - | - | - | 2222.05M | 4619.01M |
| Net debt | -5211.62M | -9807.26M | -29675.87M | -27901.01M | 2129.85M |
| Short term debt | - | 629.92M | 1159.79M | 546.25M | 3106.62M |
| Short long term debt | - | 609.85M | 1143.83M | 527.65M | 3086.26M |
| Short long term debt total | - | 732.29M | 1169.92M | 562.26M | 3179.11M |
| Other stockholder equity | 20639.76M | 2476.08M | 3002.06M | 51048.08M | 41931.52M |
| Total current assets | 7752.62M | 13419.61M | 35302.68M | 33728.58M | 4957.19M |
| Short term investments | - | 42.50M | - | - | - |
| Net receivables | 1398.28M | 1899.10M | 4312.60M | 5047.61M | 3577.05M |
| Long term debt | - | - | - | 0.00M | 7.50M |
| Inventory | 516.87M | 260.66M | 127.44M | 185.20M | 298.39M |
| Accounts payable | 657.86M | 249.84M | 283.62M | 344.18M | 823.53M |
| Accumulated other comprehensive income | - | -421.31M | - | - | - |
| Non currrent assets other | 201.97M | 1805.59M | 19344.32M | 21139.87M | 44148.06M |
| Non current assets total | 15839.45M | 15686.10M | 19851.94M | 21698.02M | 44993.80M |
| Capital lease obligations | - | 122.44M | 26.09M | 34.62M | 85.34M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | 8644.18M | 12032.96M | 28295.62M | 1088.58M | 4313.01M |
| Total cashflows from investing activities | 8644.18M | 12032.96M | - | - | - |
| Net borrowings | -594.50M | 567.00M | - | - | - |
| Total cash from financing activities | -28740.83M | -8651.89M | -2178.48M | -3666.93M | -2854.92M |
| Net income | 4519.90M | 7734.99M | 7142.77M | 10459.61M | -828.59M |
| Change in cash | -20306.24M | 2382.52M | 27414.02M | -972.52M | -741.76M |
| Begin period cash flow | 30845.79M | 28463.28M | 1049.25M | 2021.77M | 2763.53M |
| End period cash flow | 10539.55M | 30845.79M | 28463.28M | 1049.25M | 2021.77M |
| Total cash from operating activities | -214.21M | -998.55M | 1296.88M | 1605.83M | -2199.85M |
| Depreciation | 188.51M | 84.61M | 86.47M | 312.05M | 442.88M |
| Other cashflows from investing activities | 9788.49M | 12341.31M | - | - | - |
| Dividends paid | 27210.90M | 8750.14M | - | - | -1869.77M |
| Change to inventory | 48.12M | 38.07M | 23.73M | 125.57M | 202.70M |
| Change to account receivables | 795.81M | -66.01M | - | - | - |
| Other cashflows from financing activities | -935.42M | -446.55M | 853.30M | 2250.87M | 14674.35M |
| Capital expenditures | 142.54M | 25.79M | 34.29M | 219.75M | 618.11M |
| Change in working capital | 1021.18M | -1142.55M | 883.46M | 2088.76M | -1260.09M |
| Other non cash items | -5943.79M | -7675.60M | -6815.83M | -11254.58M | -554.05M |
| Free cash flow | -356.74M | -1024.35M | 1262.59M | 1386.08M | -2817.96M |
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Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| DOGEF Orsted A/S |
- -% |
19.75 | 28.82 | 0.66 | 6.50 | 0.07 | 3.88 | 15.58 |
| TBB AT&T Inc. 5.35% GLB NTS 66 |
0.11 0.62% |
17.75 | 4.60 | - | - | - | - | - |
| CCZ Comcast Holdings Corp |
- -% |
64.50 | 55.07 | - | - | - | - | - |
| STMZF Scottish Mortgage Investment Trust PLC |
-0.60 2.91% |
20.00 | - | - | 2.56 | - | - | - |
Brilliance China Automotive Holdings Limited, an investment holding company, manufactures and sells minibuses and automotive components in the People?s Republic of China. The company offers its minibuses under the JinBei and Granse brands. It also provides automotive parts and components, including mouldings, seats, axles, safety and airbag systems, interior decoration items, and engines for minibuses, sedans, SUVs, light duty trucks, etc. In addition, the company is also involved in the manufacture and sale of BMW vehicles. It has strategic partnership with BMW, Toyota, Magna, Bosch, Continental, Delphi, TI Automotive, and Johnson Controls. The company was founded in 1949 and is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange.
| Name | Title | Year Born |
|---|---|---|
| Mr. Yumin Qi | Chief Exec. Officer, Pres, Exec. Director, Member of Remuneration Committee, Member of Nomination Committee and Chairman of Shenyang Brilliance Jinbei Automobile Co Ltd | NA |
| Mr. Shiping Wang | Exec. Director | NA |
| Mr. Zuming Qian | Chief Financial Officer | NA |
| Ms. Yu Huang | Chief Accountant, Head of the Financial Department and VP | NA |
| Ms. Lisa Ng | Sr. VP | NA |
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