Loading…
Shenzhen conglomerate holding stakes in battery materials (BTR New Material), real estate and other industrial businesses.
Shenzhen conglomerate holding stakes in battery materials (BTR New Material), real estate and other industrial businesses.
Operates through subsidiaries rather than one business, and the battery-materials unit BTR, which sells anode and cathode materials to battery makers, is the main earner; property development is the other long-running line. Group results therefore follow EV battery industry demand.
Moat: none. Holding company with no single durable competitive advantage; value depends on subsidiary performance.
Headquarters: Shenzhen, China · Founded: 1983 · Employees: 15,986
Size China Baoan (000009.SZ) is a China Industrials company (Industrial Machinery) with a market value of $2.56B, the 1013th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.68 on 6 Nov 2026.
Performance Over six months the shares fell 22.8%, against -21.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 26.0% over the last twelve months (peer median +13.2%); the operating margin is 7.2% (peer median 8.4%).
Valuation It trades at 1.7× enterprise value to sales against a peer median of 3.4× (6th cheapest of 21).
Capital Return on invested capital runs 0.1 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥28.2B | CN¥23.0B | CN¥20.1B | CN¥30.6B | CN¥32.0B |
| Revenue growth | — | +14% | -34% | -4% | — |
| Gross profit | CN¥7.47B | CN¥5.51B | CN¥5.10B | CN¥5.98B | CN¥6.09B |
| EBITDA | n/a | CN¥3.59B | CN¥3.04B | CN¥3.73B | CN¥2.93B |
| Net income | -CN¥156M | CN¥203M | CN¥173M | CN¥756M | CN¥1.16B |
| Free cash flow | -CN¥2.08B | -CN¥1.31B | -CN¥2.27B | CN¥3.09B | -CN¥3.36B |
| Capital expenditure | CN¥3.04B | CN¥2.48B | CN¥3.93B | CN¥2.89B | CN¥3.69B |
| Total debt | CN¥25.9B | CN¥21.7B | CN¥19.8B | CN¥17.4B | CN¥21.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000009.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.8% | -10.1% | 8th highest of 21 |
| 6-month return | -22.8% | -21.5% | 10th lowest of 21 |
| Distance from 52-week high | -43.9% | -40.1% | 10th lowest of 21 |
| Revenue growth (TTM) | +26.0% | +13.2% | 8th highest of 21 |
| Operating margin | 7.2% | 8.4% | 9th lowest of 21 |
| EV / Sales | 1.7× | 3.4× | 6th cheapest of 21 |
| ROIC minus cost of capital | +0.1 pp | -0.2 pp | 10th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Baoan 000009.SZ | China | $2.56B | -23% | +26% | 7% | 1.7× | n/a | n/a |
| CECO Environmental CECO | United States | $2.56B | -47% | +38% | 6% | 3.6× | n/a | n/a |
| Jungheinrich AG Pref JUN3.DE | Germany | $2.58B | -12% | +2% | 5% | 0.4× | -0.4% | +7.6% |
| Dmg Mori 6141.T | Japan | $2.53B | -13% | +20% | 4% | 0.9× | 12.9% | +9.4% |
| All Ring Tech 6187.TWO | Taiwan | $2.52B | -36% | +1% | 29% | 12.4× | 26.4% | +28.9% |
| Harmonic Drive Systems 6324.T | Japan | $2.60B | -18% | +12% | 7% | 6.5× | n/a | n/a |
| Guangdong Dongfang Precision Science & Technology 002611.SZ | China | $2.50B | -19% | -16% | 8% | 2.3× | 17.8% | +12.4% |
| Shanghai Zhenhua Heavy Industries 600320.SS | China | $2.64B | -21% | +6% | 5% | 1.1× | -4.9% | +9.7% |
| Dongguan Yiheda Automation 301029.SZ | China | $2.65B | -2% | +31% | 18% | 4.3× | 21.6% | +19.5% |
| Timken India TIMKEN.NS | India | $2.43B | -12% | +19% | 16% | 5.9× | 36.2% | +19.8% |
| Guangzhou Haozhi Industrial 300503.SZ | China | $2.70B | -8% | +55% | 20% | 8.4× | n/a | n/a |
| Japan Steel Works 5631.T | Japan | $2.41B | -46% | -1% | 10% | 1.5× | n/a | n/a |
| Doosan Robotics 454910.KS | South Korea | $2.41B | -54% | +97% | -91% | 52.6× | n/a | n/a |
| Munters MTRS.ST | Sweden | $2.40B | -34% | 0% | 9% | 2.0× | 12.4% | +16.0% |
| Beijing Jingyi Automation Equipment 688652.SS | China | $2.73B | -10% | +34% | 9% | 9.4× | 49.0% | +32.4% |
| Wonik IPS 240810.KS | South Korea | $2.39B | -43% | +9% | 8% | 3.1× | 29.4% | -3.6% |
| Amber Enterprises India AMBER.NS | India | $2.39B | -28% | +15% | 5% | 1.8× | n/a | n/a |
| Yantai Eddie Precision Machinery 603638.SS | China | $2.38B | -22% | +35% | 16% | 4.0× | 15.1% | +7.3% |
| ROBOTIS 108490.KS | South Korea | $2.37B | -30% | +52% | -16% | 62.2× | n/a | n/a |
| Nabtesco 6268.T | Japan | $2.77B | -28% | -8% | 9% | 1.3× | 7.8% | +2.0% |
| Organo 6368.T | Japan | $2.36B | -14% | +10% | 19% | 2.0× | 12.8% | +12.0% |