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Employees: 768
Size Sanbian Sci-Tech (002112.SZ) is a China Industrials company (Electrical Products) with a market value of $617M, the 3358th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.61 on 6 Nov 2026.
Performance Over six months the shares fell 37.4%, against -35.0% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 6.7% over the last twelve months (peer median +12.6%); the operating margin is 0.6% (peer median 0.8%).
Valuation It trades at 2.1× enterprise value to sales against a peer median of 2.9× (8th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 59% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +46 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 6.7 points below its cost of capital (7.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.21B | CN¥1.87B | CN¥2.17B | CN¥1.71B | CN¥1.31B |
| Revenue growth | — | -14% | +27% | +31% | — |
| Gross profit | CN¥324M | CN¥287M | CN¥387M | CN¥330M | CN¥223M |
| EBITDA | CN¥40.4M | CN¥57.0M | CN¥153M | CN¥134M | CN¥76.9M |
| Net income | CN¥7.85M | CN¥13.9M | CN¥121M | CN¥89.4M | CN¥42.7M |
| Free cash flow | CN¥92.1M | CN¥27.6M | CN¥58.8M | -CN¥205M | -CN¥77.9M |
| Capital expenditure | CN¥22.8M | CN¥30.0M | CN¥34.2M | CN¥17.1M | CN¥20.5M |
| Total debt | CN¥1.04B | CN¥803M | CN¥893M | CN¥928M | CN¥726M |
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 | 002112.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.5% | -12.8% | 8th highest of 21 |
| 6-month return | -37.4% | -35.0% | 10th lowest of 21 |
| Distance from 52-week high | -55.8% | -54.5% | 10th lowest of 21 |
| Revenue growth (TTM) | +6.7% | +12.6% | 9th lowest of 20 |
| Operating margin | 0.6% | 0.8% | 11th highest of 21 |
| EV / Sales | 2.1× | 2.9× | 8th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 59.0% | 27.8% | most demanding of 8 |
| Growth delivered (Del g) | +13.2% | +6.7% | 4th highest of 8 |
| Hurdle (Req g minus delivered) | +45.8 pp | +0.8 pp | 2nd most demanding of 8 |
| ROIC minus cost of capital | -6.7 pp | -6.2 pp | 10th lowest of 21 |
| Net debt / EBITDA | 14.9× | -1.2× | most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sanbian Sci-Tech 002112.SZ | China | $617M | -37% | +7% | 1% | 2.1× | 59.0% | +13.2% |
| Wuxi New Hongtai Electrical Technology 603016.SS | China | $614M | -50% | -4% | 10% | 6.0× | 36.8% | +6.7% |
| CyberPower Systems 3617.TW | Taiwan | $610M | +11% | 0% | 19% | 1.4× | -10.8% | +5.4% |
| Henan Tong-Da Cable 002560.SZ | China | $607M | -47% | +16% | 2% | 0.6× | 16.2% | +32.9% |
| Powerica POWERICA.NS | India | $628M | -5% | +14% | 8% | 2.0× | n/a | n/a |
| Enovix ENVX | United States | $606M | -58% | +35% | -497% | 18.7× | n/a | n/a |
| Jiangsu Huachen Transformer 603097.SS | China | $629M | -4% | +13% | 2% | 2.3× | 27.8% | +27.0% |
| Shenzhen Bromake New Material 301387.SZ | China | $602M | -45% | +25% | -1% | 2.1× | n/a | n/a |
| Eos Energy Enterprises EOSE | United States | $634M | -78% | +534% | -159% | 7.7× | n/a | n/a |
| Zhejiang Founder Motor 002196.SZ | China | $634M | -35% | +26% | 0% | 1.8× | n/a | n/a |
| Zhejiang Sunflower Great Health 300111.SZ | China | $635M | -15% | -20% | -10% | 16.2× | n/a | n/a |
| Nano Nuclear Energy NNE | United States | $597M | -60% | n/a | -24,545% | 88.0× | n/a | n/a |
| Jiangsu Yangdian Science & Technology 301012.SZ | China | $596M | -43% | 0% | 5% | 3.3× | 14.5% | +23.9% |
| Chongqing Wangbian Electric (Group) 603191.SS | China | $594M | -42% | +5% | -1% | 1.6× | n/a | n/a |
| Suzhou Longway Electronic Machinery 301202.SZ | China | $589M | -25% | +27% | 6% | 2.6× | n/a | n/a |
| Energy Vault NRGV | United States | $589M | -28% | +337% | -33% | 3.3× | n/a | n/a |
| XP Power XPP.L | United Kingdom | $589M | -17% | -1% | 2% | 2.4× | 50.9% | -0.3% |
| Hubei Wanrun New Energy Technology 688275.SS | China | $648M | -67% | +146% | 4% | 0.6× | n/a | n/a |
| SEC Electric Machinery 603988.SS | China | $585M | -33% | -15% | 0% | 6.1× | n/a | n/a |
| Nanjing CIGU Technology 688448.SS | China | $581M | -15% | -18% | -7% | 9.2× | n/a | n/a |
| Nanjing Quanxin Cable Technology 300447.SZ | China | $581M | -35% | +8% | 4% | 4.4× | 29.2% | +3.3% |