Which companies are Guoguang Electric's closest peers?

The cockpit's peer set: JS Global Lifestyle (1691.HK), Guangdong Hongjing Optoelectronic Technology (301479.SZ), Ningbo Dechang Electrical Machinery Made (605555.SS), Bear Electric Appliance (002959.SZ), Alliance Material (3595.TWO), Harvia (HARVIA.HE), Cosonic Intelligent Technologies (300793.SZ), Guangdong Hotata Technology (603848.SS).

Is Guoguang Electric expensive compared with its peers?

On forward p/e it trades at 10.0× against a peer median of 20.5×, 2nd cheapest of 11 in its peer set.

How has Guoguang Electric stock performed?

Over six months to 6 Nov 2026 the shares returned -12.6% against -21.4% for the median peer; over one year -37.8%.

← CockpitCompetitor Analysis › 002045.SZ Guoguang Electric Co., Ltd. Class AOpen in the cockpit ↗

Guoguang Electric Co., Ltd. Class A002045.SZCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Electronics/Appliances

Momentum leader 92

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$807M

US dollars, full cap

Free float

97%

of shares outstanding

$/day

$34.1M

20-day average traded

Fwd P/E

10.0×

forward earnings

ROIC−WACC

-6.7 pp

WACC 5.2%

Hurdle

n/a

no reverse DCF

Next earnings

168 days

23 Apr 2027

Close · CNYCN¥9.86

1D-0.4%

1W+22.9%

1M+17.5%

3M+15.7%

6M-12.6%

YTD-30.4%

1Y-37.8%

ATR %5.9%

52w lowhigh39.8% off high

What Guoguang Electric does

Employees: 13,307

Guoguang Electric at a glance

Size Guoguang Electric (002045.SZ) is a China Consumer Discretionary company (Electronics/Appliances) with a market value of $807M, the 2736th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.86 on 6 Nov 2026.

Performance Over six months the shares fell 12.6%, against -21.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue fell 16.8% over the last twelve months (peer median +4.7%); the operating margin is -4.4% (peer median 7.6%).

Valuation It trades at 10.0× forward earnings against a peer median of 20.5× (2nd cheapest of 11).

Capital Return on invested capital runs 6.7 points below its cost of capital (5.2% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Guoguang Electric against the median of its 20 peers (local-currency closes).

Guoguang Electric financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥7.06B	CN¥7.89B	CN¥7.88B	CN¥5.92B	CN¥5.98B
Revenue growth	—	0%	+33%	-1%	—
Gross profit	CN¥832M	CN¥882M	CN¥979M	CN¥831M	CN¥668M
EBITDA	n/a	CN¥45.6M	CN¥274M	CN¥403M	CN¥280M
Net income	-CN¥295M	-CN¥113M	CN¥253M	CN¥361M	CN¥178M
Free cash flow	-CN¥250M	-CN¥684M	-CN¥430M	CN¥591M	-CN¥94.7M
Capital expenditure	CN¥446M	CN¥881M	CN¥584M	CN¥231M	CN¥150M
Total debt	CN¥4.34B	CN¥4.47B	CN¥2.89B	CN¥1.69B	CN¥1.57B

Quarterly statements and history in the cockpit →

Guoguang Electric competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Guoguang Electric is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Guoguang Electric is the large dot.

Guoguang Electric competitors and peer comparison

How Guoguang Electric compares with its peers

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.

Guoguang Electric against its 20 peers (data as of 6 Nov 2026)
Measure	002045.SZ	Peer median	Rank in peer set
1-month return	+17.5%	-7.9%	2nd highest of 21
6-month return	-12.6%	-21.4%	8th highest of 20
Distance from 52-week high	-39.8%	-40.1%	10th highest of 21
Revenue growth (TTM)	-16.8%	+4.7%	2nd lowest of 21
Operating margin	-4.4%	7.6%	5th lowest of 21
Forward P/E	10.0×	20.5×	2nd cheapest of 11
ROIC minus cost of capital	-6.7 pp	-1.1 pp	6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Guoguang Electric 002045.SZ	China	$807M	-13%	-17%	-4%	10.0×	n/a	n/a
JS Global Lifestyle 1691.HK	Hong Kong	$808M	+9%	0%	0%	18.1×	23.1%	-16.8%
Guangdong Hongjing Optoelectronic Technology 301479.SZ	China	$810M	-46%	+19%	8%	n/a	n/a	n/a
Ningbo Dechang Electrical Machinery Made 605555.SS	China	$794M	-29%	+11%	2%	42.1×	11.9%	+16.8%
Bear Electric Appliance 002959.SZ	China	$794M	-18%	-7%	7%	19.3×	-6.6%	+7.5%
Alliance Material 3595.TWO	Taiwan	$760M	-71%	+200%	35%	n/a	45.5%	-2.5%
Harvia HARVIA.HE	Finland	$858M	+7%	+12%	19%	24.7×	14.0%	+12.8%
Cosonic Intelligent Technologies 300793.SZ	China	$747M	-7%	+15%	-5%	n/a	50.0%	-4.4%
Guangdong Hotata Technology 603848.SS	China	$736M	-24%	+7%	13%	21.6×	17.0%	+5.9%
Whirlpool China 600983.SS	China	$936M	-13%	-2%	11%	14.0×	-7.2%	-1.9%
Tonze New Energy Technology 002759.SZ	China	$694M	-68%	+106%	16%	n/a	n/a	n/a
Aucma 600336.SS	China	$675M	-24%	-15%	-7%	n/a	n/a	n/a
Ningbo Hicon Industry Technology 001237.SZ	China	$969M	n/a	-10%	14%	n/a	9.9%	-10.3%
Woori Technology 032820.KS	South Korea	$984M	-64%	-2%	-12%	n/a	n/a	n/a
Appotronics 688007.SS	China	$662M	-35%	-47%	-20%	n/a	n/a	n/a
Doshisha 7483.T	Japan	$660M	-12%	+3%	9%	11.9×	-19.9%	+3.5%
Kyung Dong Navien 009450.KS	South Korea	$650M	-21%	+5%	13%	7.6×	-17.8%	+11.5%
Shenzhen Textile (Holdings) 000045.SZ	China	$646M	-25%	-4%	3%	n/a	5.7%	+9.0%
Hefei I-TEK OptoElectronics 688610.SS	China	$1.01B	+18%	+72%	14%	45.9×	n/a	n/a
XGimi Technology 688696.SS	China	$1.01B	+7%	+4%	2%	27.9×	n/a	n/a
Xiamen Comfort Science & Technology 002614.SZ	China	$640M	+19%	+12%	0%	n/a	3.9%	-6.3%

Questions

Which companies are Guoguang Electric's closest peers?: The cockpit's peer set: JS Global Lifestyle (1691.HK), Guangdong Hongjing Optoelectronic Technology (301479.SZ), Ningbo Dechang Electrical Machinery Made (605555.SS), Bear Electric Appliance (002959.SZ), Alliance Material (3595.TWO), Harvia (HARVIA.HE), Cosonic Intelligent Technologies (300793.SZ), Guangdong Hotata Technology (603848.SS).
Is Guoguang Electric expensive compared with its peers?: On forward p/e it trades at 10.0× against a peer median of 20.5×, 2nd cheapest of 11 in its peer set.
How has Guoguang Electric stock performed?: Over six months to 6 Nov 2026 the shares returned -12.6% against -21.4% for the median peer; over one year -37.8%.