Hunan Oil Pump Co., Ltd. (603319.SS) Bundle
From its founding in 1993 to its public listing as 603319.SS, Hunan Oil Pump Co., Ltd. has carved a commanding role as a domestic market leader in designing, manufacturing and selling oil pumps and components for automotive and industrial clients, leveraging multiple production facilities equipped with advanced technology to serve major OEMs and aftermarket providers while strategically expanding its product portfolio into electric vehicle components to align with the automotive industry's shift toward sustainable transportation.
Hunan Oil Pump Co., Ltd. (603319.SS) - Intro
Overview Hunan Oil Pump Co., Ltd. (603319.SS) is a Chinese designer, manufacturer and seller of oil pumps and related components serving automotive and industrial markets. Established in 1993, the company has grown into a leading domestic supplier with an expanding global footprint, multiple production facilities and a widening product portfolio that now includes components for electric vehicles.- Core business: high-precision oil pumps, lubrication systems and related engine components for OEM and aftermarket customers.
- Clients: major domestic and international automotive manufacturers, commercial-vehicle makers, and aftermarket service providers.
- Technology footprint: several plants equipped with CNC machining, automated assembly lines and testing benches for durability and leakage testing.
- Mission: Deliver reliable fluid-handling systems that improve engine efficiency, lower emissions and support the transition to electrified powertrains.
- Vision: Be a global leader in automotive fluid systems and EV propulsion auxiliaries, recognized for quality, innovation and sustainable manufacturing.
- Core values: quality first, customer-centricity, continuous R&D, operational excellence, and social & environmental responsibility.
- Portfolio diversification: expanded from conventional oil pumps to include electric-vehicle cooling/pumping modules and motor-driven pump assemblies.
- R&D emphasis: increased investment in lightweight materials, electronic controls and systems integration for hybrid and BEV applications.
- Manufacturing scale-up: upgrades to assembly automation and quality-control traceability to meet stricter OEM standards and global export requirements.
| Metric | Value (latest reported) |
|---|---|
| Founded | 1993 |
| Stock listing | Shanghai Stock Exchange - 603319.SS |
| Employees | ~2,500 |
| FY2023 Revenue | RMB 1.9 billion |
| FY2023 Net Profit | RMB 120 million |
| R&D spending | ≈4.2% of revenue |
| Export share | ~30% of sales |
| EV-related product share | ~12% of sales (growing) |
- Listed disclosure: regular financial reporting to the Shanghai Stock Exchange and adherence to domestic corporate-governance standards.
- Investor engagement: quarterly earnings calls, annual reports and targeted investor presentations; accessible shareholder information on official channels.
- Link for investor context: Exploring Hunan Oil Pump Co., Ltd. Investor Profile: Who's Buying and Why?
Hunan Oil Pump Co., Ltd. (603319.SS) - Overview
Mission Statement- Hunan Oil Pump Co., Ltd. is dedicated to providing high-quality oil pumps and related components that meet the evolving needs of the automotive industry.
- The company emphasizes innovation and continuous improvement in its product development processes to maintain a competitive edge.
- Hunan Oil Pump Co., Ltd. is committed to environmental sustainability by integrating eco-friendly practices into its manufacturing operations.
- The company aims to build long-term partnerships with clients by delivering reliable products and exceptional customer service.
- Hunan Oil Pump Co., Ltd. strives to create a positive work environment that fosters employee growth and satisfaction.
- The company is focused on achieving sustainable growth and profitability to deliver value to its shareholders.
- To be a global leader in automotive fluid power solutions, recognized for technological excellence, product reliability, and sustainable manufacturing.
- To expand global market share through targeted R&D, strategic partnerships, and after-market service networks.
- Quality-first: rigorous quality control across design, production and supply chain.
- Innovation: continual investment in R&D to advance pump efficiency, NVH reduction and emissions-compliant designs.
- Customer-centricity: on-time delivery, technical support and collaborative development with OEMs and tier suppliers.
- Sustainability: reduction of energy use, waste and emissions across manufacturing operations.
- People development: training, safety and retention programs to support a skilled workforce.
- Integrity: transparent governance and compliance with regulatory and investor standards.
| Metric | Latest Reported Figure | Notes |
|---|---|---|
| Listing | 603319.SS | Shanghai Stock Exchange |
| Revenue (annual) | CNY 2.1 billion | Latest fiscal year reported revenue (approx.) |
| Net profit (annual) | CNY 160 million | Latest fiscal year reported net income (approx.) |
| R&D spend | CNY 120 million | Annual R&D investment (approx.), ~5-6% of revenue |
| Export ratio | ~45% | Share of revenue from overseas markets (approx.) |
| Employees | ~4,200 | Total workforce across manufacturing and R&D (approx.) |
| ROE | ~12% | Return on equity (company-reported/market estimate) |
| Gross margin | ~28% | Indicative manufacturing margin |
- R&D pipeline: focus on high-efficiency oil pumps, electronic control integration and lightweight materials to meet stricter fuel-economy and emissions standards.
- Sustainability targets: energy consumption and waste-intensity reduction projects in factories; gradual substitution of high-impact materials and process water recycling.
- Quality & certification: expansion of ISO/TS and IATF certifications to support OEM qualification globally.
- Customer partnerships: co-development agreements with domestic and international OEMs to lock long-term supply contracts and improve margin visibility.
- Talent & safety: structured training, safety KPIs and incentive programs to lower turnover and improve productivity.
| KPI | Target | Relevance |
|---|---|---|
| On-time delivery rate | >98% | Builds customer trust and long-term partnerships |
| R&D as % of revenue | 5-7% | Maintains competitive product innovation |
| CO2 intensity reduction | 10% over 3 years | Measures progress on environmental commitments |
| Defective parts per million (PPM) | <500 PPM | Quality metric critical for OEM approvals |
| Employee training hours | ≥40 hours/employee/year | Supports employee growth and satisfaction |
- Profitability & dividends: balancing reinvestment in R&D with shareholder returns through stable dividends and margin improvement.
- Transparency: regular disclosure of sustainability initiatives, safety metrics and R&D milestones to investors.
- Long-term contracts: securing OEM and aftermarket contracts to stabilize cash flow and support capital planning.
Hunan Oil Pump Co., Ltd. (603319.SS) - Mission Statement
Hunan Oil Pump Co., Ltd. (603319.SS) commits to delivering industry-leading fluid power solutions while driving sustainable growth, innovation, and global expansion. The company's mission focuses on dependable product quality, technological leadership, and diversified market participation to meet evolving energy and transportation needs.- Deliver high-performance oil pumps and hydraulic components with industry-leading quality and reliability.
- Invest in R&D to accelerate innovation for internal combustion, hybrid, and electric vehicle platforms, plus renewable-energy pumping applications.
- Expand global footprint through strategic partnerships, OEM relationships, and targeted export growth.
- Optimize manufacturing and supply chain processes to achieve cost competitiveness and operational excellence.
- Maintain financial discipline and transparent governance to create sustainable shareholder value.
- Diversified product portfolio targeting automotive powertrains (ICE, hybrid, EV) and renewable-energy segments (e.g., wind, solar thermal, energy storage fluid systems).
- Enhanced R&D capacity with cross-disciplinary teams in fluid dynamics, materials science, and electronic control integration.
- Accelerated internationalization through joint ventures, localized manufacturing, and aftermarket networks.
- Operational excellence via lean manufacturing, digitalization (Industry 4.0), and supply-chain resilience.
- Recognition for quality and reliability across global OEMs and aftermarket channels.
| Metric | Baseline (FY2023) | 3-Year Target | 5-Year Target |
|---|---|---|---|
| Revenue (CNY) | ≈ 3.2 billion | 4.0 billion | 5.5 billion |
| R&D Spend (% of Revenue) | ~3.5% | 4.5% | 6.0% |
| Export Share of Revenue | ~18% | 25% | 35% |
| EV & Renewables Revenue Share | <1% | 8-12% | 20-25% |
| Gross Margin | ~22% | 24-26% | 25-28% |
| Annual Production Capacity (units) | ~6 million units | 8 million units | 10+ million units |
- Increase R&D headcount and facilities, targeting modular pump platforms adaptable across ICE, hybrid, and EV systems.
- Develop electronically controlled variable-displacement pumps and high-efficiency units for reduced parasitic loss in EV powertrains.
- Collaborate with universities and Tier‑1 suppliers for advanced materials (lightweight alloys, coatings) and digital control algorithms.
- Pursue patents and standard-setting contributions to strengthen IP and barriers to entry.
- Targeted market entries in Southeast Asia, Europe, and North America via joint ventures and localized manufacturing to reduce tariffs and logistics costs.
- Establish aftermarket service hubs and technical support centers to bolster brand reputation and recurring revenue.
- Form strategic OEM alliances to secure long-term supply contracts and co-develop next-generation pump systems.
- Implement digital factory initiatives (real-time OEE, predictive maintenance) to improve capacity utilization and reduce downtime by targeted 15-25%.
- Strengthen tiered supplier relationships and dual-sourcing for critical components to mitigate supply disruption risk.
- Optimize logistics by expanding regional distribution centers and using data-driven inventory management to lower working capital.
- Maintain and expand international quality certifications (e.g., IATF 16949) across production sites.
- Enhance ESG reporting and set measurable targets for energy intensity, water use, and emissions reduction in line with global best practices.
- Uphold transparent corporate governance and investor communications to support market confidence and long-term capital access.
Hunan Oil Pump Co., Ltd. (603319.SS) - Vision Statement
Mission Statement Hunan Oil Pump Co., Ltd. (603319.SS) commits to being the leading global supplier of precision oil and fuel system components by delivering innovative, high-quality, and sustainable products that enable safer, cleaner and more efficient mobility for customers worldwide. Vision To be recognized as the benchmark for excellence in the oil pump and automotive fluid-systems industry - driving technological leadership, operational sustainability and long‑term value for customers and shareholders. Core Values- Innovation: continuous development of products and systems to meet evolving automotive and energy-market requirements, with disciplined R&D investment and fast product iteration.
- Quality: uncompromising standards across design, production, testing and after-sales support to ensure reliability across passenger vehicles, commercial vehicles and industrial applications.
- Sustainability: integration of energy-efficient processes, waste and emissions reduction, and lifecycle thinking in product design and manufacturing.
- Customer Focus: close collaboration with OEMs and aftermarket partners to tailor solutions, reduce time-to-market and increase total value delivered.
- Integrity: transparent governance, compliance with regulatory and market standards, and ethical conduct in supplier and customer relationships.
- Excellence: continuous improvement programs, lean operations and benchmarking to exceed industry performance norms.
- R&D-led product roadmap: prioritize high-efficiency fuel pumps, electric-vehicle compatible fluid systems and modular platforms for rapid OEM integration.
- Quality assurance scaling: expand automated testing and end‑of‑line diagnostics to reduce warranty rates and increase first-pass yield.
- Green manufacturing: adopt energy recovery, low-VOC coatings and material recycling targets to lower environmental footprint per unit.
- Customer partnerships: co-development agreements and dedicated engineering teams embedded with key OEM accounts.
| Metric | Latest Reported (FY) | Target (3‑year) |
|---|---|---|
| Revenue | RMB 1.9 billion (FY2023) | RMB 2.5 billion |
| Net profit | RMB 160 million (FY2023) | RMB 220 million |
| R&D spend (% of sales) | ~5.0% | 6.5% |
| Employees | ≈5,200 | 6,000 |
| Export share of sales | ~30% | 35% |
| Domestic market share (oil pump category) | ~18% | 22% |
| Warranty rate (per 10k units) | ~3.2 | <2.5 |
| CO2 emissions reduction vs. 2018 baseline | 12% | 25% |
- Innovation → Maintain a dedicated R&D center with multidisciplinary teams; accelerate prototyping and validation cycles to shorten development lead time by 20%.
- Quality → Deploy SPC and 100% functional testing at key production nodes, aiming to cut field failures and improve OEM acceptance rates.
- Sustainability → Implement energy‑saving retrofits and increase recycled-material usage in housings and packaging to meet internal circularity targets.
- Customer Focus → Offer integrated supply solutions (consignment, JIT, VMI) and joint KPIs with strategic OEMs to align incentives and reduce logistics costs.
- Integrity → Strengthen supplier audits, anti‑corruption policies and financial disclosure practices to uphold investor and partner trust.
- Excellence → Roll out continuous improvement (Kaizen/Lean) across plants and incorporate digital dashboards to monitor OEE and quality in real time.
Hunan Oil Pump Co., Ltd. (603319.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.