State Power Investment Corp's financial-holding arm, combining clean-energy generation with trust, insurance-brokerage and futures services.
State Power Investment Corp's financial-holding arm, combining clean-energy generation with trust, insurance-brokerage and futures services.
In one line: A state utility's in-house financial-services holding.
Moat: none (regulatory licence). State-backed licences across energy and finance, but a low-synergy conglomerate structure.
Headquarters: Beijing, China · Founded: 1998 · Employees: 4,083
Size SPIC Industry-Finance (000958.SZ) is a China Industrials company (Building Products) with a market value of $14.0B, the 170th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.11 on 6 Nov 2026.
Performance Over six months the shares fell 13.7%, against +4.4% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 14 in its peer set.
Growth Revenue grew 102.1% over the last twelve months (peer median +1.7%).
Valuation It trades at 22.2× forward earnings against a peer median of 17.3× (3rd most expensive of 14).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥11.0B | CN¥12.4B | CN¥12.2B | CN¥6.04B | CN¥6.07B |
| Revenue growth | — | +2% | +102% | -1% | — |
| Gross profit | n/a | CN¥4.33B | CN¥4.14B | CN¥2.17B | CN¥2.26B |
| EBITDA | n/a | CN¥6.45B | CN¥6.53B | CN¥2.54B | CN¥2.63B |
| Net income | CN¥3.33B | CN¥3.29B | CN¥3.32B | CN¥1.27B | CN¥1.00B |
| Free cash flow | -CN¥7.45B | -CN¥6.22B | -CN¥2.31B | CN¥303M | CN¥3.52B |
| Capital expenditure | CN¥19.9B | CN¥12.6B | CN¥12.0B | CN¥581M | CN¥573M |
| Total debt | CN¥75.4B | CN¥78.2B | CN¥70.6B | CN¥10.8B | CN¥11.6B |
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 | 000958.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.4% | +12.2% | 4th lowest of 14 |
| 6-month return | -13.7% | +4.4% | 3rd lowest of 14 |
| Distance from 52-week high | -31.9% | -18.8% | 4th lowest of 14 |
| Revenue growth (TTM) | +102.1% | +1.7% | highest of 14 |
| Forward P/E | 22.2× | 17.3× | 3rd most expensive of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SPIC Industry-Finance 000958.SZ | China | $14.0B | -14% | +102% | n/a | 22.2× | n/a | n/a |
| Carlisle Companies CSL | United States | $14.5B | +4% | +4% | 20% | 15.9× | 3.7% | +4.8% |
| Watsco WSO | United States | $12.7B | -28% | 0% | 9% | 24.3× | 13.2% | +7.4% |
| Masco MAS | United States | $15.8B | +15% | +1% | 18% | 18.0× | 4.9% | +1.0% |
| A. O. Smith AOS | United States | $8.67B | +10% | -1% | 18% | 17.3× | 4.5% | +5.8% |
| Simpson Manufacturing SSD | United States | $8.07B | +4% | +5% | 20% | 20.9× | 13.2% | +13.0% |
| SPX Technologies SPXC | United States | $7.15B | -30% | +20% | 17% | 15.3× | 15.7% | +15.0% |
| KONE KNEBV.HE | Finland | $33.8B | +15% | +2% | 12% | 27.1× | 5.8% | +2.5% |
| Fortune Brands Innovations FBIN | United States | $5.74B | +27% | -3% | 14% | 19.7× | 5.3% | -6.0% |
| Toto 5332.T | Japan | $5.40B | -1% | +5% | 8% | 18.2× | 7.8% | +5.0% |
| Sanwa 5929.T | Japan | $5.10B | +8% | +2% | 11% | 14.8× | -2.6% | +9.1% |
| Compagnie de Saint-Gobain SGO.PA | France | $40.7B | -3% | -2% | 10% | 12.1× | 5.1% | +4.0% |
| Griffon GFF | United States | $4.58B | +15% | -12% | 20% | 17.1× | 7.5% | +4.0% |
| Nichias 5393.T | Japan | $3.52B | -5% | +3% | 15% | 15.2× | 7.1% | +5.1% |