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Fuxin Dare Automotive Parts Co.,Ltd. (China)

Main Activities: Motor Vehicle Parts Manufacturing
Full name: Fuxin Dare Automotive Parts Co.,Ltd. Profile Updated: November 10, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Fuxin Dare Automotive Parts Co., Ltd is a company located in Fuxin, China. The company specializes in the research, production, and sales of automotive steering pumps and gear pumps. They also have the capability to mass-produce automatic transmission oil pumps and have completed the development of electric power steering system (EPS) motors, which are currently in the trial installation phase. Fuxin Dare Automotive Parts Co., Ltd is a leading company in the domestic automotive steering pump market. Over the years, they have established long-term and stable partnerships with major domestic independent brand vehicle manufacturers or original equipment manufacturers such as BYD Auto, FAW Car, FAW Haima, Huachen Auto, JAC Motors, Geely Auto, Lifan Auto, BAIC Motor, Yuchai Machinery, and Yunnei Power. They have also entered the supplier systems of foreign brands such as General Motors (SAIC-GM-Wuling), Nissan (Zhengzhou Nissan Automobile Co., Ltd.), Mazda (FAW Mazda series models), Cummins (Dongfeng Cummins), and ZF (Shanghai ZF Steering Systems Co., Ltd.), continuously expanding their market share. The company has obtained ISO/TS16949:2009 quality management system certification and ISO14001:2004 environmental management system certification. They are recognized as a high-tech enterprise and a key high-tech enterprise under the National Torch Program. Their technical center has been designated as an enterprise technology center in Liaoning Province. The company holds a series of invention and utility model patents and proprietary technologies, with additional invention patent and utility model patent applications already accepted. Fuxin Dare Automotive Parts Co., Ltd has effectively reduced steering pump noise through improvements in stator curves, distribution plates, and control of pressure pulsation, placing their related technologies at the forefront domestically. Their research and industrialization of automatic transmission oil pumps, EPS motors, and electro-hydraulic power steering pumps are also leading the industry in China.

Headquarters
No. 59, Development Street, Xihe District, Fuxin City, Liaoning Province
Fuxin; Liaoning; Postal Code: 123004

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Website: http://www.dare-auto.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 12, 2004
Key Executives
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Chairman
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Director
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Director
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Independent Director
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Independent Director
Ownership Details
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11.88%
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10.63%
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7.28%
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5.34%
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2.03%
Subsidiaries
Aizhuo Auto Parts (Changzhou) Co., Ltd.
Carcoustics International GmbH
Changchun Del Auto Parts Co., Ltd
Company Performance
Financial values in the chart are available after Fuxin Dare Automotive Parts Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
4.88%
Total operating revenue
4.87%
Operating profit (EBIT)
842.96%
Net Profit (Loss) for the Period
155.85%
Total assets
-5.98%
Total equity
1.04%
Operating Profit Margin (ROS)
0.92%
Net Profit Margin
0.36%
Return on Equity (ROE)
0.81%
Debt to Equity Ratio
-35.94%
Quick Ratio
-0.14%
Cash Ratio
-0.12%

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