Loading…
Chinese maker of low-voltage electrical equipment such as circuit breakers and switchgear.
Chinese maker of low-voltage electrical equipment such as circuit breakers and switchgear.
In one line: A smaller, China-based Schneider Electric/CHINT peer.
Moat: narrow (distribution, brand). Established distribution network in China's low-voltage electrical equipment market.
Headquarters: Shanghai, China · Employees: 2,652
Size Shanghai Liangxin Electrical Co (002706.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $1.42B, the 1707th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.59 on 6 Nov 2026.
Performance Over six months the shares fell 25.8%, against -18.5% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 5.9% over the last twelve months (peer median +2.8%); the operating margin is 3.2% (peer median 7.6%).
Valuation It trades at 30.5× forward earnings against a peer median of 17.5× (5th most expensive of 16).
Capital Return on invested capital runs 6.5 points below its cost of capital (12.6% WACC).
Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.88B | CN¥4.48B | CN¥4.23B | CN¥4.55B | CN¥4.13B |
| Revenue growth | — | +6% | -7% | +10% | — |
| Gross profit | CN¥1.42B | CN¥1.24B | CN¥1.21B | CN¥1.42B | CN¥1.22B |
| EBITDA | n/a | CN¥471M | CN¥458M | CN¥647M | CN¥521M |
| Net income | CN¥206M | CN¥265M | CN¥312M | CN¥511M | CN¥422M |
| Free cash flow | -CN¥158M | -CN¥25.9M | CN¥181M | CN¥259M | -CN¥21.7M |
| Capital expenditure | CN¥302M | CN¥255M | CN¥283M | CN¥381M | CN¥483M |
| Total debt | CN¥247M | CN¥312M | CN¥226M | CN¥520M | CN¥797M |
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 |
|---|---|---|---|---|---|---|
| Shanghai Liangxin Electrical Co 002706.SZ | $1.42B | -26% | +6% | 3% | 30.5× | n/a |
| Schneider Electric SU.PA | $151B | -16% | +7% | 18% | 22.2× | 18.0% |
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 | 002706.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.4% | -5.9% | 4th highest of 21 |
| 6-month return | -25.8% | -18.5% | 5th lowest of 20 |
| Distance from 52-week high | -44.2% | -38.6% | 8th lowest of 21 |
| Revenue growth (TTM) | +5.9% | +2.8% | 9th highest of 21 |
| Operating margin | 3.2% | 7.6% | 3rd lowest of 21 |
| Forward P/E | 30.5× | 17.5× | 5th most expensive of 16 |
| ROIC minus cost of capital | -6.5 pp | -1.5 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai Liangxin Electrical Co 002706.SZ | China | $1.42B | -26% | +6% | 3% | 30.5× | n/a | n/a |
| Gl Tech 300480.SZ | China | $1.44B | -28% | +43% | 13% | 57.6× | n/a | n/a |
| Chongqing Chuanyi Automation 603100.SS | China | $1.44B | -4% | +3% | 7% | 14.5× | 2.6% | +9.9% |
| Kinco Automation Shanghai 688160.SS | China | $1.45B | -2% | +46% | 9% | 90.3× | n/a | n/a |
| Zhejiang Dali Technology 002214.SZ | China | $1.45B | -15% | +1% | -68% | n/a | n/a | n/a |
| Guangdong High Dream Intellectualized Machinery 300720.SZ | China | $1.38B | -25% | +8% | 6% | n/a | n/a | n/a |
| Amano 6436.T | Japan | $1.50B | -4% | +1% | 11% | 13.7× | -7.6% | +9.2% |
| Hangzhou Kelin Electric 688611.SS | China | $1.51B | +4% | -58% | -32% | 48.1× | n/a | n/a |
| TAIFLEX Scientific 8039.TW | Taiwan | $1.51B | +36% | +3% | 6% | n/a | 28.3% | +3.9% |
| Glory 6457.T | Japan | $1.53B | +16% | -8% | 9% | 12.2× | -8.1% | +9.3% |
| Shandong Chunguang Technology 301531.SZ | China | $1.29B | n/a | +7% | 12% | n/a | 58.9% | +4.4% |
| Hexing Electrical 603556.SS | China | $1.61B | -23% | +6% | 9% | 14.2× | 0.1% | +11.3% |
| OKI Electric Industry 6703.T | Japan | $1.24B | -32% | -4% | 4% | 11.3× | 10.1% | +1.4% |
| Shenzhen VMAX New Energy (Group) 688612.SS | China | $1.63B | -21% | -6% | 9% | 17.5× | 18.8% | +57.4% |
| GVS S.p.A GVS.MI | Italy | $1.24B | +35% | -1% | 12% | 20.7× | 14.3% | +3.2% |
| Zhejiang HangKe Technology 688006.SS | China | $1.64B | -43% | +12% | 3% | 24.0× | 16.0% | +14.9% |
| Hunan Zhongke Electric 300035.SZ | China | $1.22B | -42% | +46% | 5% | 20.6× | n/a | n/a |
| Suzhou TZTEK Technology 688003.SS | China | $1.67B | -19% | +33% | 5% | 64.3× | 42.0% | +13.2% |
| Henan Thinker Automatic Equipment 603508.SS | China | $1.18B | -20% | -1% | 39% | 9.1× | -3.9% | +12.6% |
| Wuhan East Lake High Technology 600133.SS | China | $1.17B | -18% | -3% | 8% | n/a | n/a | n/a |
| Jiangsu Linyang Energy 601222.SS | China | $1.74B | -6% | +35% | 8% | 15.4× | n/a | n/a |