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Suzhou-based maker of wind turbine towers and forged flanges for onshore and offshore wind farms.
Suzhou-based maker of wind turbine towers and forged flanges for onshore and offshore wind farms.
Towers are heavy and costly to ship, so output is made near wind farm clusters. Steel is the main cost and is often priced into contracts with steel-price adjustments, so the margin lies in fabrication efficiency. Orders follow wind farm construction schedules.
Moat: narrow (scale, process know-how). Large-scale steel fabrication and forging capacity are capital-intensive barriers for smaller rivals.
Headquarters: Suzhou, Jiangsu, China · Founded: 1997 · Employees: 1,467
Size Titan Wind Energy (Suzhou) (002531.SZ) is a China Industrials company (Electrical Products) with a market value of $2.05B, the 1235th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.63 on 6 Nov 2026.
Performance Over six months the shares fell 36.5%, against -20.2% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 19 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +6.3%); the operating margin is 4.5% (peer median 10.2%).
Valuation It trades at 29.4× forward earnings against a peer median of 16.7× (4th most expensive of 16).
Capital Return on invested capital runs 3.8 points below its cost of capital (6.3% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.96B | CN¥5.38B | CN¥4.82B | CN¥7.69B | CN¥6.70B |
| Revenue growth | — | +12% | -37% | +15% | — |
| Gross profit | CN¥1.59B | CN¥871M | CN¥829M | CN¥1.65B | CN¥1.21B |
| EBITDA | n/a | CN¥1.14B | CN¥1.30B | CN¥1.87B | CN¥1.41B |
| Net income | -CN¥101M | -CN¥236M | CN¥204M | CN¥795M | CN¥629M |
| Free cash flow | -CN¥1.96B | -CN¥1.77B | -CN¥279M | CN¥853M | -CN¥837M |
| Capital expenditure | CN¥2.74B | CN¥2.67B | CN¥878M | CN¥1.02B | CN¥1.59B |
| Total debt | CN¥15.3B | CN¥13.5B | CN¥11.4B | CN¥11.1B | CN¥8.96B |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Titan Wind Energy (Suzhou) 002531.SZ | $2.05B | -37% | -1% | 5% | 29.4× | n/a |
| Dajin Heavy Industry 002487.SZ | $3.71B | -60% | -2% | 19% | 19.6× | n/a |
| Cswind 112610.KS | $1.52B | -31% | -8% | 7% | 11.6× | -0.5% |
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 | 002531.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.6% | -11.1% | 8th highest of 21 |
| 6-month return | -36.5% | -20.2% | 4th lowest of 19 |
| Distance from 52-week high | -43.1% | -43.3% | 11th highest of 21 |
| Revenue growth (TTM) | -0.9% | +6.3% | 7th lowest of 21 |
| Operating margin | 4.5% | 10.2% | 5th lowest of 21 |
| Forward P/E | 29.4× | 16.7× | 4th most expensive of 16 |
| ROIC minus cost of capital | -3.8 pp | +3.2 pp | 6th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Titan Wind Energy (Suzhou) 002531.SZ | China | $2.05B | -37% | -1% | 5% | 29.4× | n/a | n/a |
| Zhejiang E-P Equipment 603194.SS | China | $2.04B | -3% | +17% | 13% | 14.8× | n/a | n/a |
| AQ Group AB AQ.ST | Sweden | $2.04B | -5% | +11% | 9% | 24.7× | 12.4% | +13.5% |
| Dajin Heavy Industry 1081.HK | Hong Kong | $2.03B | n/a | +2% | 19% | 10.6× | n/a | n/a |
| Ligent Technologies 9856.HK | Hong Kong | $2.07B | n/a | +33% | 12% | n/a | n/a | n/a |
| Chung-Hsin Electric & Machinery Manufacturing 1513.TW | Taiwan | $2.07B | -10% | +4% | 19% | 14.7× | -2.2% | +12.3% |
| Signify LIGHT.AS | Netherlands | $2.09B | -26% | -8% | 7% | 8.5× | -12.5% | -2.4% |
| Minmetals New Energy Materials (Hunan) 688779.SS | China | $2.00B | -36% | +146% | 5% | 23.8× | n/a | n/a |
| Xian Sinofuse Electric 301031.SZ | China | $1.99B | -16% | +56% | 21% | 22.1× | n/a | n/a |
| SMA Solar Technology S92.DE | Germany | $1.99B | -21% | +4% | -7% | 16.7× | -4.2% | +8.1% |
| Voltronic Power Technology 6409.TW | Taiwan | $2.10B | +1% | -13% | 20% | 21.5× | 6.2% | +8.5% |
| Chengdu Jiachi Electronic Technology 688708.SS | China | $2.11B | -33% | -7% | 26% | n/a | n/a | n/a |
| Jinlongyu 002882.SZ | China | $1.97B | -21% | -1% | 3% | n/a | n/a | n/a |
| TD Power Systems TDPOWERSYS.NS | India | $1.96B | -7% | +54% | 17% | 47.1× | 40.6% | +25.6% |
| Meidensha 6508.T | Japan | $1.96B | -20% | +12% | 10% | 11.0× | 5.1% | +7.1% |
| Jiangxi Special Electric Motor 002176.SZ | China | $1.96B | -52% | -13% | -13% | n/a | 48.7% | +1.2% |
| NuScale Power SMR | United States | $2.18B | -60% | -81% | -6,854% | n/a | n/a | n/a |
| Rept Battero Energy 0666.HK | Hong Kong | $2.19B | -57% | +56% | 6% | 10.0× | n/a | n/a |
| Simplo Technology 6121.TWO | Taiwan | $1.90B | -6% | +3% | 11% | 9.6× | -20.1% | -0.8% |
| Jiangsu Cnano Technology 688116.SS | China | $1.90B | -19% | +8% | 19% | 32.6× | n/a | n/a |
| Jiangsu Leili Motor 300660.SZ | China | $1.90B | -33% | +16% | 5% | 70.5× | 29.1% | +11.6% |