Employees: 2,129
Size Fujian Nanping Sun Cable (002300.SZ) is a China Industrials company (Electrical Products) with a market value of $924M, the 2459th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.53 on 6 Nov 2026.
Performance Over six months the shares fell 9.0%, against -20.7% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 20 in its peer set.
Growth Revenue grew 9.2% over the last twelve months (peer median +6.0%); the operating margin is 0.3% (peer median 4.9%).
Valuation It trades at 0.7× enterprise value to sales against a peer median of 2.3× (cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +11 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 2.7 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥13.6B | CN¥12.0B | CN¥13.7B | CN¥13.5B | CN¥13.1B |
| Revenue growth | — | -12% | +1% | +3% | — |
| Gross profit | CN¥466M | CN¥435M | CN¥448M | CN¥586M | CN¥568M |
| EBITDA | n/a | CN¥268M | CN¥270M | CN¥359M | CN¥416M |
| Net income | CN¥23.8M | CN¥83.1M | CN¥90.9M | CN¥177M | CN¥213M |
| Free cash flow | CN¥339M | CN¥239M | CN¥192M | -CN¥402M | -CN¥471M |
| Capital expenditure | CN¥125M | CN¥175M | CN¥238M | CN¥570M | CN¥518M |
| Total debt | CN¥3.73B | CN¥2.77B | CN¥2.66B | CN¥2.67B | CN¥2.19B |
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 | 002300.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.2% | -8.2% | 4th highest of 21 |
| 6-month return | -9.0% | -20.7% | 6th highest of 20 |
| Distance from 52-week high | -34.1% | -40.6% | 8th highest of 21 |
| Revenue growth (TTM) | +9.2% | +6.0% | 9th highest of 21 |
| Operating margin | 0.3% | 4.9% | 7th lowest of 20 |
| EV / Sales | 0.7× | 2.3× | cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 19.6% | 15.5% | 6th most demanding of 15 |
| Growth delivered (Del g) | +8.7% | +7.0% | 4th highest of 14 |
| Hurdle (Req g minus delivered) | +10.9 pp | +7.8 pp | 6th most demanding of 14 |
| ROIC minus cost of capital | -2.7 pp | -3.8 pp | 8th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fujian Nanping Sun Cable 002300.SZ | China | $924M | -9% | +9% | 0% | 0.7× | 19.6% | +8.7% |
| Changshu Fengfan Power Equipment 601700.SS | China | $924M | 0% | +31% | -9% | 2.2× | n/a | n/a |
| Kunshan GuoLi Electronic Technology 688103.SS | China | $924M | +7% | +34% | 5% | 4.0× | 37.7% | +26.6% |
| Shanghai Zhezhong 002346.SZ | China | $928M | -21% | +23% | 15% | 5.9× | 22.1% | +7.0% |
| Changgao Electric 002452.SZ | China | $917M | -10% | -9% | 19% | 2.8× | 2.6% | +1.3% |
| Beijing SOJO Electric 300444.SZ | China | $912M | -52% | -11% | -4% | 2.5× | n/a | n/a |
| Warom Technology 603855.SS | China | $938M | +1% | -18% | 15% | 2.0× | -2.6% | +7.1% |
| Qingdao CHOHO Industrial 003033.SZ | China | $939M | +36% | +6% | 9% | 3.3× | 14.2% | +14.6% |
| Sunway 603333.SS | China | $941M | +1% | +68% | 3% | 3.1× | n/a | n/a |
| CWB Automotive Electronics 605005.SS | China | $907M | -21% | 0% | 9% | 3.3× | 9.4% | +9.3% |
| NITTO KOGYO 6651.T | Japan | $906M | -17% | +6% | 8% | 0.7× | -2.7% | +7.3% |
| Beijing Creative 002350.SZ | China | $946M | -19% | +7% | -1% | 2.7× | 54.8% | -0.3% |
| Array Technologies ARRY | United States | $902M | -32% | -16% | 0% | 1.8× | 57.9% | +8.0% |
| Shenzhen Center Power Tech 002733.SZ | China | $901M | -43% | +16% | 5% | 1.6× | 16.9% | +6.4% |
| R&S Group Holding AG Pref RSGN.SW | Switzerland | $899M | -22% | +2% | 18% | 2.1× | -7.0% | +2.3% |
| Temb Intelligent Tech Shandong 603448.SS | China | $951M | n/a | +16% | n/a | 1.9× | 45.6% | n/a |
| Beijing Jingwei Hirain Technologies 688326.SS | China | $896M | -40% | +2% | -5% | 1.1× | n/a | n/a |
| Motic (Xiamen) Electric 300341.SZ | China | $957M | -20% | +19% | 12% | 3.3× | 17.7% | +5.1% |
| Jolywood (Suzhou) Sunwatt 300393.SZ | China | $958M | -42% | -48% | -62% | 4.9× | 5.1% | -2.7% |
| Jiangsu Zhongchao 002471.SZ | China | $963M | -45% | -5% | 1% | 1.7× | n/a | n/a |
| CSG Smart Science&Technology 300222.SZ | China | $966M | -27% | +26% | 2% | 2.0× | n/a | n/a |