Employees: 645
Size Nanjing Xinlian Electronics (002546.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $732M, the 2975th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.85 on 6 Nov 2026.
Performance Over six months the shares fell 28.8%, against -20.1% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue fell 2.0% over the last twelve months (peer median +9.3%); the operating margin is 20.7% (peer median 4.1%).
Valuation It trades at 2.0× enterprise value to sales against a peer median of 4.0× (4th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -12 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 15.5 points above its cost of capital (7.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥749M | CN¥684M | CN¥763M | CN¥616M | CN¥618M |
| Revenue growth | — | -10% | +24% | 0% | — |
| Gross profit | CN¥289M | CN¥247M | CN¥257M | CN¥185M | CN¥196M |
| EBITDA | n/a | CN¥167M | CN¥167M | CN¥109M | CN¥130M |
| Net income | CN¥258M | CN¥578M | CN¥267M | CN¥61.9M | CN¥11.2M |
| Free cash flow | CN¥338M | CN¥334M | CN¥309M | CN¥21.2M | CN¥144M |
| Capital expenditure | CN¥5.68M | CN¥7.18M | CN¥5.46M | CN¥7.18M | CN¥15.0M |
| Total debt | CN¥207M | CN¥127M | CN¥163M | CN¥187M | CN¥183M |
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 | 002546.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.5% | -8.5% | 7th lowest of 21 |
| 6-month return | -28.8% | -20.1% | 7th lowest of 20 |
| Distance from 52-week high | -52.8% | -41.4% | 5th lowest of 21 |
| Revenue growth (TTM) | -2.0% | +9.3% | 3rd lowest of 20 |
| Operating margin | 20.7% | 4.1% | 3rd highest of 21 |
| EV / Sales | 2.0× | 4.0× | 4th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -8.4% | 14.0% | least demanding of 13 |
| Growth delivered (Del g) | +3.7% | +10.0% | 3rd lowest of 12 |
| Hurdle (Req g minus delivered) | -12.0 pp | +8.8 pp | least demanding of 12 |
| ROIC minus cost of capital | +15.5 pp | -1.4 pp | 3rd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nanjing Xinlian Electronics 002546.SZ | China | $732M | -29% | -2% | 21% | 2.0× | -8.4% | +3.7% |
| Zhejiang Shuangyuan Technology 688623.SS | China | $733M | -10% | +10% | 7% | 8.2× | 39.1% | +15.5% |
| Beauty Tech TBTG.L | United Kingdom | $742M | +71% | n/a | 21% | 3.6× | 4.5% | n/a |
| Fujian Nebula Electronics 300648.SZ | China | $720M | -44% | -1% | -18% | 4.5× | n/a | n/a |
| Shenzhen Anche Technologies 300572.SZ | China | $747M | -29% | +13% | -33% | 8.0× | n/a | n/a |
| RNBC New Energy 301667.SZ | China | $755M | -59% | +24% | 6% | 3.0× | n/a | n/a |
| Keytop Parking 2272.HK | Hong Kong | $761M | n/a | +4% | 11% | 6.3× | n/a | n/a |
| Hioki E.E.Corporation 6866.T | Japan | $703M | -27% | +17% | 20% | 2.0× | 8.9% | +13.3% |
| Acrel 300286.SZ | China | $691M | -23% | +9% | 13% | 2.7× | 15.7% | +8.8% |
| Shenzhen Jieshun Science & Technology Industry 002609.SZ | China | $683M | -14% | +5% | 3% | 2.4× | 1.9% | +5.0% |
| Changchun Zhiyuan New Energy Equipment 300985.SZ | China | $786M | +22% | +55% | -5% | 3.5× | n/a | n/a |
| Catapult Sports CAT.AX | Australia | $788M | +15% | +19% | -17% | 5.0× | 27.1% | +18.0% |
| Cosmo AM&T 005070.KS | South Korea | $789M | -45% | +8% | 2% | 2.0× | 29.5% | +17.4% |
| Xiamen Sinic-Tek Intelligent Technology 301568.SZ | China | $676M | -23% | +19% | 17% | 7.6× | 35.3% | +13.6% |
| Smartgiant Technology 688115.SS | China | $672M | +22% | +40% | 5% | 11.4× | n/a | n/a |
| ZhongYeDa Electric 002441.SZ | China | $662M | -20% | +5% | 2% | 0.4× | 3.9% | +0.1% |
| Anhui Landun Photoelectron 300862.SZ | China | $814M | +31% | -27% | -23% | 12.8× | n/a | n/a |
| Nihon Dengi 1723.T | Japan | $653M | -35% | +2% | 26% | 1.8× | -0.4% | +6.4% |
| Wuhan Zhongyuan Huadian Science & Technology 300018.SZ | China | $825M | -17% | +3% | 17% | 7.9× | 25.8% | +10.0% |
| Evolv Technologies EVLV | United States | $826M | -35% | +42% | -20% | 4.7× | n/a | n/a |
| COSCO SHIPPING Technology 002401.SZ | China | $646M | -16% | -4% | -2% | 2.1× | 12.2% | +3.5% |