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Employees: 4,681
Size Fengjing New Energy Technology (002662.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $646M, the 3248th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.87 on 6 Nov 2026.
Performance Over six months the shares fell 27.0%, against -15.2% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 10.6% over the last twelve months (peer median +3.5%); the operating margin is 3.6% (peer median 5.5%).
Valuation It trades at 1.5× enterprise value to sales against a peer median of 1.6× (10th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is -5%, so the hurdle is +8 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 2.0 points below its cost of capital (7.5% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.56B | CN¥2.89B | CN¥3.07B | CN¥3.58B | CN¥3.56B |
| Revenue growth | — | -6% | -14% | +1% | — |
| Gross profit | CN¥894M | CN¥843M | CN¥842M | CN¥973M | CN¥949M |
| EBITDA | n/a | CN¥587M | CN¥628M | CN¥736M | CN¥713M |
| Net income | CN¥48.0M | CN¥249M | CN¥354M | CN¥503M | CN¥437M |
| Free cash flow | CN¥344M | -CN¥75.7M | CN¥494M | CN¥195M | CN¥367M |
| Capital expenditure | CN¥259M | CN¥628M | CN¥288M | CN¥580M | CN¥321M |
| Total debt | CN¥442M | CN¥833M | CN¥551M | CN¥480M | CN¥459M |
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 | 002662.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.0% | -4.5% | 6th lowest of 21 |
| 6-month return | -27.0% | -15.2% | 6th lowest of 21 |
| Distance from 52-week high | -36.6% | -30.0% | 8th lowest of 21 |
| Revenue growth (TTM) | -10.6% | +3.5% | 2nd lowest of 21 |
| Operating margin | 3.6% | 5.5% | 9th lowest of 21 |
| EV / Sales | 1.5× | 1.6× | 10th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 2.6% | 2.3% | 6th most demanding of 13 |
| Growth delivered (Del g) | -5.0% | +7.0% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | +7.5 pp | -5.5 pp | 4th most demanding of 13 |
| ROIC minus cost of capital | -2.0 pp | -2.9 pp | 10th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fengjing New Energy Technology 002662.SZ | China | $646M | -27% | -11% | 4% | 1.5× | 2.6% | -5.0% |
| Depo Auto Parts Industrial 6605.TW | Taiwan | $642M | -1% | -6% | 15% | 1.2× | -12.3% | +6.4% |
| Landai Technology 002765.SZ | China | $637M | -31% | -2% | -1% | 1.6× | n/a | n/a |
| Burelle BUR.PA | France | $635M | -23% | -3% | 2% | 0.3× | -4.4% | +7.6% |
| Bando Chemical Industries 5195.T | Japan | $632M | +17% | +6% | 9% | 0.7× | -0.1% | +7.9% |
| Sichuan Chuanhuan Technology 300547.SZ | China | $661M | -48% | -2% | 13% | 2.8× | 14.9% | +17.3% |
| Zhongjie (Jiangsu) Technology 301072.SZ | China | $630M | +63% | +11% | -6% | 5.0× | n/a | n/a |
| Npr-riken 6209.T | Japan | $630M | -5% | -3% | 7% | 0.6× | 2.1% | -3.1% |
| Wencan 603348.SS | China | $670M | -22% | +3% | -7% | 1.1× | n/a | n/a |
| Jiangsu Olive Sensors High-Tech 300507.SZ | China | $671M | -32% | -17% | 5% | 2.1× | 17.1% | +23.1% |
| TPR 6463.T | Japan | $620M | +23% | +1% | 6% | 0.6× | -0.4% | +4.6% |
| Shandong Meichen Technology 300237.SZ | China | $613M | +23% | -3% | -7% | 3.2× | 2.6% | -10.1% |
| Harbin Dongan Auto Engine 600178.SS | China | $603M | -15% | +4% | -3% | 1.0× | 14.4% | +1.3% |
| Zhejiang Dehong Automotive Electronic & Electrical 603701.SS | China | $694M | -29% | +35% | 2% | 4.7× | n/a | n/a |
| Wheels India WHEELS.NS | India | $597M | +74% | +17% | 5% | 1.0× | 10.4% | +17.8% |
| Jiangsu Nonghua Intelligent Agriculture Technology 000816.SZ | China | $597M | -15% | +14% | 6% | 2.9× | n/a | n/a |
| Xuchang Yuandong Drive Shaft 002406.SZ | China | $699M | -24% | +31% | 13% | 1.9× | 2.1% | -6.3% |
| S.J.S. Enterprises SJS.NS | India | $699M | +3% | +26% | 24% | 6.0× | 20.2% | +30.6% |
| Suprajit Engineering SUPRAJIT.NS | India | $701M | +11% | +18% | 7% | 1.6× | n/a | n/a |
| GSP Automotive Group Wenzhou 605088.SS | China | $590M | -45% | +15% | 8% | 0.8× | n/a | n/a |
| BeijingWest Industries International 2339.HK | Hong Kong | $589M | -23% | -3% | 1% | 1.6× | n/a | n/a |