Loading…
← CockpitCompetitor Analysis › 002119.SZ Ningbo Kangqiang Electronics Co., Ltd. Class AOpen in the cockpit ↗

Ningbo Kangqiang Electronics Co., Ltd. Class A002119.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery

Chinese maker of electronic components for industrial and consumer applications.

Momentum neutral 43
Mkt cap
$1.04B
US dollars, full cap
Free float
73%
of shares outstanding
$/day
$112M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.5 pp
WACC 9.2%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥18.48
1D-4.1%
1W+2.6%
1M-26.3%
3M-3.8%
6M-12.0%
YTD+12.2%
1Y+2.5%
ATR %7.5%
52w lowhigh55.8% off high

What Ningbo Kangqiang Electronics does

Chinese maker of electronic components for industrial and consumer applications.

Where it sits in the supply chain

  • Industrials
  • Electronic components
  • Component manufacturing

Moat: none

Headquarters: Ningbo, China · Employees: 1,218

Ningbo Kangqiang Electronics at a glance

Size Ningbo Kangqiang Electronics (002119.SZ) is a China Industrials company (Industrial Machinery) with a market value of $1.04B, the 2225th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.48 on 6 Nov 2026.

Performance Over six months the shares fell 12.0%, against -23.4% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 49.3% over the last twelve months (peer median +14.3%); the operating margin is 5.1% (peer median 8.9%).

Valuation It trades at 2.6× enterprise value to sales against a peer median of 3.6× (8th cheapest of 20).

Capital Return on invested capital runs 2.5 points below its cost of capital (9.2% WACC).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026002119.SZ 84Peer median 75
Six months, rebased to 100: Ningbo Kangqiang Electronics against the median of its 20 peers (local-currency closes).

Ningbo Kangqiang Electronics financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.04BCN¥2.20BCN¥1.99BCN¥1.77BCN¥1.70B
Revenue growth—+10%+12%+4%—
Gross profitCN¥500MCN¥294MCN¥244MCN¥202MCN¥245M
EBITDAn/aCN¥217MCN¥148MCN¥151MCN¥176M
Net incomeCN¥160MCN¥116MCN¥83.2MCN¥80.6MCN¥102M
Free cash flow-CN¥401MCN¥24.4MCN¥27.6M-CN¥20.5MCN¥273M
Capital expenditureCN¥70.5MCN¥53.8MCN¥16.3MCN¥29.0MCN¥24.5M
Total debtCN¥1.36BCN¥938MCN¥784MCN¥827MCN¥485M

Quarterly statements and history in the cockpit →

Ningbo Kangqiang Electronics 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

-40%-20%0%+20%-40%-20%0%+20%300382688376300307610163762155002833605060002009603040300499LIAB30048835630012883232802421603169002119.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Ningbo Kangqiang Electronics is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%0×10×20×300382688376300307610163762155002833605060603040300499002438LIAB30048835630012883232802421603169002119.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ningbo Kangqiang Electronics is the large dot.

Ningbo Kangqiang Electronics competitors and peer comparison

How Ningbo Kangqiang Electronics 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.

Ningbo Kangqiang Electronics against its 20 peers (data as of 6 Nov 2026)
Measure002119.SZPeer medianRank in peer set
1-month return-26.3%-13.2%4th lowest of 21
6-month return-12.0%-23.4%6th highest of 20
Distance from 52-week high-55.8%-45.8%6th lowest of 21
Revenue growth (TTM)+49.3%+14.3%2nd highest of 20
Operating margin5.1%8.9%7th lowest of 20
EV / Sales2.6×3.6×8th cheapest of 20
ROIC minus cost of capital-2.5 pp-1.1 pp8th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Ningbo Kangqiang Electronics 002119.SZChina$1.04B-12%+49%5%2.6×n/an/a
Suzhou SLAC Precision Equipment 300382.SZChina$1.04B-31%+11%-4%3.8×n/an/a
MayAir Technology (China) 688376.SSChina$1.04B-27%+7%9%3.6×n/an/a
Ningbo Cixing 300307.SZChina$1.05B+24%+31%9%2.7×11.0%+9.5%
Tsugami 6101.TJapan$1.03B-23%+24%27%1.1×-5.3%+15.9%
Nikkiso 6376.TJapan$1.05B-5%+11%8%1.0×6.3%+6.3%
Morimatsu International 2155.HKHong Kong$1.03B-16%+14%3%0.6×-2.4%+17.6%
Guangzhou KDT Machinery 002833.SZChina$1.05B-20%+19%20%2.4×1.5%+7.6%
Allied Machinery 605060.SSChina$1.03B-51%+24%22%4.4×15.5%+13.2%
Miracle Automation Engineering 002009.SZChina$1.03B-27%+6%1%2.8×34.6%-5.1%
Hangzhou XZB Tech 603040.SSChina$1.06B-34%+4%34%8.5×18.2%+16.5%
Guangzhou Goaland Energy Conservation Tech 300499.SZChina$1.06B-40%+28%5%6.1×n/an/a
Jiangsu Shentong Valve 002438.SZChina$1.01B-23%-5%17%3.6×5.9%+6.1%
Lindab International LIAB.STSweden$1.01B-10%-3%7%1.1×4.2%+9.4%
Est Tools 300488.SZChina$1.01B+17%+15%29%7.5×15.3%+13.1%
MACHVISION 3563.TWTaiwan$1.08B-36%+17%37%8.7×7.5%+5.9%
Linco Technology 3644.TWOTaiwan$1.08Bn/an/an/an/an/an/a
Sichuan Zigong Conveying Machine 001288.SZChina$999M+1%-20%3%5.4×n/an/a
Taesung 323280.KSSouth Korea$999M-44%+67%3%19.1×n/an/a
Sunonwealth Electric Machine Industry 2421.TWTaiwan$1.08B-16%+21%16%1.5×-2.5%+7.9%
Lanzhou LS Heavy Equipment 603169.SSChina$1.09B-34%-29%-19%2.5×n/an/a

Questions

Which companies are Ningbo Kangqiang Electronics's closest peers?
The cockpit's peer set: Suzhou SLAC Precision Equipment (300382.SZ), MayAir Technology (China) (688376.SS), Ningbo Cixing (300307.SZ), Tsugami (6101.T), Nikkiso (6376.T), Morimatsu International (2155.HK), Guangzhou KDT Machinery (002833.SZ), Allied Machinery (605060.SS).
Is Ningbo Kangqiang Electronics expensive compared with its peers?
On ev / sales it trades at 2.6× against a peer median of 3.6×, 8th cheapest of 20 in its peer set.
How has Ningbo Kangqiang Electronics stock performed?
Over six months to 6 Nov 2026 the shares returned -12.0% against -23.4% for the median peer; over one year +2.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.