Chinese auto-parts maker (smart-cockpit parts, EV charging and power distribution) that also makes household and commercial scales.
Chinese auto-parts maker (smart-cockpit parts, EV charging and power distribution) that also makes household and commercial scales.
After buying control of Ningbo Joyson Qunying in 2020, it now earns most of its income from supplying carmakers with smart-cockpit parts (the controls and displays in a car's front cabin) and EV charging and power-distribution parts. The original household health-scale and commercial-scale business continues but is now the smaller line.
Moat: narrow (customer qualification, scale). Automotive parts supply needs long qualification with carmakers; the scale business is a mature, competitive category.
Headquarters: Zhongshan, China · Employees: 4,967
Size Guangdong Senssun Weighing Apparatus (002870.SZ) is a China Industrials company (Industrial Machinery) with a market value of $807M, the 2737th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥35.23 on 6 Nov 2026.
Performance Over six months the shares fell 5.5%, against -22.5% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 11.6% over the last twelve months (peer median +4.5%); the operating margin is 2.4% (peer median 9.2%).
Valuation It trades at 1.5× enterprise value to sales against a peer median of 2.5× (7th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +44%, so the hurdle is -43 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.5 points above its cost of capital (5.5% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.28B | CN¥6.01B | CN¥5.89B | CN¥5.77B | CN¥4.80B |
| Revenue growth | — | +2% | +2% | +20% | — |
| Gross profit | CN¥1.50B | CN¥1.29B | CN¥1.33B | CN¥1.33B | CN¥1.08B |
| EBITDA | n/a | CN¥830M | CN¥878M | CN¥897M | CN¥667M |
| Net income | -CN¥18.6M | CN¥94.9M | CN¥155M | CN¥161M | CN¥86.3M |
| Free cash flow | CN¥273M | CN¥214M | CN¥236M | CN¥456M | -CN¥21.9M |
| Capital expenditure | CN¥297M | CN¥325M | CN¥484M | CN¥398M | CN¥540M |
| Total debt | CN¥2.98B | CN¥3.31B | CN¥3.01B | CN¥2.47B | CN¥2.04B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Guangdong Senssun Weighing Apparatus 002870.SZ | $807M | -5% | -12% | 2% | 1.5× | 0.7% |
| Huizhou Desay SV Automotive 002920.SZ | $7.12B | -23% | +12% | 7% | 1.4× | n/a |
| Huayu Automotive Systems 600741.SS | $7.87B | -11% | +1% | 3% | 0.3× | -15.5% |
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 | 002870.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.2% | -9.6% | 8th lowest of 21 |
| 6-month return | -5.5% | -22.5% | 5th highest of 21 |
| Distance from 52-week high | -34.1% | -47.7% | 6th highest of 21 |
| Revenue growth (TTM) | -11.6% | +4.5% | 3rd lowest of 21 |
| Operating margin | 2.4% | 9.2% | 6th lowest of 21 |
| EV / Sales | 1.5× | 2.5× | 7th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 0.7% | 21.3% | 6th least demanding of 17 |
| Growth delivered (Del g) | +44.0% | +6.4% | highest of 17 |
| Hurdle (Req g minus delivered) | -43.3 pp | +6.8 pp | least demanding of 17 |
| ROIC minus cost of capital | +1.5 pp | -1.1 pp | 10th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangdong Senssun Weighing Apparatus 002870.SZ | China | $807M | -5% | -12% | 2% | 1.5× | 0.7% | +44.0% |
| Hangzhou Zhongtai Cryogenic Technology 300435.SZ | China | $806M | -43% | -22% | 13% | 2.0× | 10.7% | +6.8% |
| Runner (Xiamen) 603408.SS | China | $809M | +2% | +14% | 9% | 0.9× | -6.4% | +5.9% |
| Shenzhen JT Automation Equipment 300400.SZ | China | $811M | -9% | +8% | 9% | 6.1× | 34.4% | -2.4% |
| CGN Nuclear Technology Development 000881.SZ | China | $816M | -21% | -7% | -8% | 1.5× | n/a | n/a |
| SHANGHAI HUGONG ELECTRIC 603131.SS | China | $816M | -28% | +4% | -2% | 4.5× | n/a | n/a |
| BHI 083650.KS | South Korea | $798M | -64% | +90% | 12% | 1.0× | -9.1% | +26.0% |
| Horng Terng Automation 7751.TWO | Taiwan | $817M | -62% | +150% | 35% | 10.4× | 23.2% | +13.5% |
| JC Finance & Tax Interconnect 002530.SZ | China | $797M | -24% | +12% | 10% | 4.5× | n/a | n/a |
| Hangzhou Fortune Gas Cryogenic 603173.SS | China | $796M | -14% | +4% | 15% | 1.2× | -8.2% | +22.6% |
| Eternal Precision Mechanics 7795.TW | Taiwan | $819M | -9% | -12% | 18% | 12.9× | n/a | n/a |
| Zenner Metering Technology (Shanghai) 301303.SZ | China | $785M | -17% | +9% | 10% | 2.6× | 15.0% | +15.8% |
| Shenzhen Riland Industry 300154.SZ | China | $831M | +41% | -2% | 5% | 5.4× | 44.6% | +10.0% |
| Guizhou Zhongyida 600610.SS | China | $783M | -27% | +5% | 12% | 5.2× | 23.8% | -0.6% |
| QuakeSafe Technologies 300767.SZ | China | $783M | -28% | -3% | -27% | 10.9× | 27.5% | -1.7% |
| SDI 2351.TW | Taiwan | $782M | -16% | +7% | 8% | 2.4× | 24.9% | +3.9% |
| Bingshan Refrigeration & Heat Transfer Technologies 000530.SZ | China | $833M | +47% | -8% | 0% | 1.6× | 20.4% | +20.5% |
| Shibuya 6340.T | Japan | $839M | +40% | +5% | 10% | 0.7× | -0.2% | +5.5% |
| Saurer Intelligent Technology 600545.SS | China | $776M | -37% | -7% | -21% | 2.2× | 22.3% | -6.0% |
| Hiecise Precision Equipment 300809.SZ | China | $776M | -36% | -13% | 4% | 9.4× | 37.2% | +18.7% |
| Create Technology & Science 000551.SZ | China | $842M | -29% | +15% | 11% | 1.2× | -0.5% | +5.7% |