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Chinese holding company that makes continuously variable car transmissions (Punch) and airbag inflators (ARC) through two overseas subsidiaries.
Chinese holding company that makes continuously variable car transmissions (Punch) and airbag inflators (ARC) through two overseas subsidiaries.
Sells transmissions and airbag gas generators to carmakers under supply contracts, with customers giving order forecasts about a year ahead. After a court-led debt restructuring it has shed non-core property businesses, leaving the two overseas auto-parts units as the core, plus a new-vehicle project still in development.
Moat: narrow (customer qualification, process know-how). Carmakers qualify transmissions and inflators for multi-year programmes, so switching suppliers is slow and costly.
Headquarters: Zhejiang, China · Employees: 2,307
Size Sensteed Hi-Tech (000981.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $3.36B, the 775th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.24 on 6 Nov 2026.
Performance Over six months the shares fell 41.7%, against -11.7% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue fell 14.7% over the last twelve months (peer median +8.9%); the operating margin is -39.1% (peer median 8.0%).
Valuation It trades at 7.9× enterprise value to sales against a peer median of 1.1× (2nd most expensive of 21).
Capital Return on invested capital runs 24.1 points below its cost of capital (8.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.94B | CN¥3.26B | CN¥4.95B | CN¥5.32B | CN¥3.73B |
| Revenue growth | — | -34% | -7% | +43% | — |
| Gross profit | CN¥747M | CN¥343M | CN¥609M | CN¥448M | CN¥50.9M |
| EBITDA | n/a | -CN¥208M | -CN¥95.1M | -CN¥612M | -CN¥768M |
| Net income | CN¥463M | CN¥1.03B | -CN¥1.74B | -CN¥2.06B | -CN¥969M |
| Free cash flow | -CN¥163M | -CN¥287M | CN¥320M | -CN¥1.11B | -CN¥1.00B |
| Capital expenditure | CN¥34.7M | CN¥155M | CN¥425M | CN¥454M | CN¥478M |
| Total debt | CN¥1.53B | CN¥2.07B | CN¥4.90B | CN¥6.44B | CN¥7.14B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Sensteed Hi-Tech 000981.SZ | $3.36B | -42% | -15% | -39% | 7.9× | n/a |
| Autoliv ALV | $8.89B | +2% | +4% | 10% | 1.0× | 2.6% |
| Daicel 4202.T | $2.48B | +24% | +2% | 7% | 1.1× | 6.1% |
| Ningbo Joyson Electronic 600699.SS | $4.44B | -27% | -6% | 5% | 0.9× | -1.1% |
| Aisin 7259.T | $9.78B | -14% | +6% | 4% | 0.4× | -0.3% |
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 | 000981.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.4% | -5.8% | 5th lowest of 21 |
| 6-month return | -41.7% | -11.7% | 3rd lowest of 21 |
| Distance from 52-week high | -60.5% | -31.8% | lowest of 21 |
| Revenue growth (TTM) | -14.7% | +8.9% | lowest of 21 |
| Operating margin | -39.1% | 8.0% | lowest of 21 |
| EV / Sales | 7.9× | 1.1× | 2nd most expensive of 21 |
| ROIC minus cost of capital | -24.1 pp | +0.9 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sensteed Hi-Tech 000981.SZ | China | $3.36B | -42% | -15% | -39% | 7.9× | n/a | n/a |
| Anhui Zhongding Sealing Parts 000887.SZ | China | $3.32B | -3% | +9% | 8% | 1.2× | 3.8% | +11.4% |
| CIE Automotive CIE.MC | Spain | $3.46B | -11% | +4% | 14% | 1.1× | -6.7% | +6.5% |
| Exide Industries EXIDEIND.NS | India | $3.20B | -2% | +13% | 8% | 1.6× | 27.5% | +11.7% |
| Zhejiang Yinlun Machinery 002126.SZ | China | $3.53B | -39% | +28% | 7% | 1.6× | 14.6% | +19.9% |
| NHK Spring 5991.T | Japan | $3.18B | -14% | +3% | 6% | 0.5× | 5.2% | +7.4% |
| Aumovio AMV0.DE | Germany | $3.57B | -12% | -6% | -6% | 0.1× | 10.2% | n/a |
| Linamar LNR.TO | Canada | $3.63B | -9% | +9% | 9% | 0.5× | -8.4% | +12.0% |
| Bethel Automotive Safety Systems 603596.SS | China | $3.70B | -11% | +21% | 10% | 1.9× | 7.0% | +31.7% |
| Garrett Motion GTX | United States | $3.72B | -31% | +7% | 15% | 1.3× | -6.9% | +3.4% |
| Valeo FR.PA | France | $3.00B | -15% | -2% | 4% | 0.3× | -8.2% | +4.9% |
| ZCZL Industrial Technology 0564.HK | Hong Kong | $3.80B | -29% | +9% | 9% | 0.7× | -5.3% | +8.5% |
| Toyoda Gosei 7282.T | Japan | $3.81B | +26% | +13% | 7% | 0.5× | 0.5% | +9.7% |
| Jtekt 6473.T | Japan | $3.82B | -1% | +4% | 5% | 0.4× | 1.2% | +9.1% |
| Inter Cars CAR.WA | Poland | $3.83B | +38% | +12% | 6% | 0.8× | 9.5% | +18.3% |
| Fulin Precision 300432.SZ | China | $3.84B | -47% | +95% | 5% | 1.3× | n/a | n/a |
| Changzhou Xingyu Automotive Lighting Systems 601799.SS | China | $2.92B | -45% | +2% | 9% | 1.3× | -0.6% | +15.8% |
| Shanghai Daimay Automotive Interior 603730.SS | China | $2.90B | -18% | -2% | 13% | 3.1× | 13.0% | +10.3% |
| WuHu Foresight Technology 301529.SZ | China | $2.89B | +66% | +4% | 9% | 11.2× | 55.9% | +29.9% |
| NSK 6471.T | Japan | $2.87B | -27% | +26% | 5% | 0.5× | 1.9% | +4.0% |
| Sansera Engineering SANSERA.NS | India | $2.86B | +70% | +23% | 13% | 7.2× | n/a | n/a |