Which companies are Keli Motor's closest peers?

The cockpit's peer set: American Superconductor (AMSC), Goldcup Electric Apparatus (002533.SZ), Quality Power Electrical Equipments (QPOWER.NS), Jiangsu Cai Qin Technology (688182.SS), Baosheng Science & Technology Innovation (600973.SS), Shanghai Cooltech Power (300153.SZ), Shanghai QiFan Cable (605222.SS), Tokai Carbon Korea (064760.KS).

Is Keli Motor expensive compared with its peers?

On ev / sales it trades at 3.5× against a peer median of 2.4×, 9th most expensive of 21 in its peer set.

How has Keli Motor stock performed?

Over six months to 6 Nov 2026 the shares returned -13.9% against -34.1% for the median peer; over one year -34.7%.

← CockpitCompetitor Analysis › 002892.SZ Keli Motor Group Co., Ltd. Class AOpen in the cockpit ↗

Keli Motor Group Co., Ltd. Class A002892.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Momentum strong 71

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.13B

US dollars, full cap

Free float

76%

of shares outstanding

$/day

$12.5M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-8.3 pp

WACC 10.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥8.95

1D-0.6%

1W+3.2%

1M+7.3%

3M-9.1%

6M-13.9%

YTD-33.3%

1Y-34.7%

ATR %3.3%

52w lowhigh36.5% off high

What Keli Motor does

Employees: 3,969

Keli Motor at a glance

Size Keli Motor (002892.SZ) is a China Industrials company (Electrical Products) with a market value of $1.13B, the 2065th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.95 on 6 Nov 2026.

Performance Over six months the shares fell 13.9%, against -34.1% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 20 in its peer set.

Growth Revenue grew 12.8% over the last twelve months (peer median +22.7%); the operating margin is -1.0% (peer median 5.4%).

Valuation It trades at 3.5× enterprise value to sales against a peer median of 2.4× (9th most expensive of 21).

Capital Return on invested capital runs 8.3 points below its cost of capital (10.0% WACC).

Relative performance

Six months, rebased to 100: Keli Motor against the median of its 20 peers (local-currency closes).

Keli Motor financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥2.05B	CN¥1.82B	CN¥1.65B	CN¥1.29B	CN¥1.18B
Revenue growth	—	+10%	+28%	+9%	—
Gross profit	CN¥354M	CN¥298M	CN¥276M	CN¥219M	CN¥188M
EBITDA	n/a	CN¥102M	CN¥111M	CN¥101M	CN¥85.2M
Net income	-CN¥28.8M	CN¥33.1M	CN¥60.1M	CN¥51.0M	CN¥73.2M
Free cash flow	-CN¥24.4M	-CN¥324M	-CN¥153M	-CN¥31.6M	CN¥39.5M
Capital expenditure	CN¥172M	CN¥387M	CN¥257M	CN¥246M	CN¥158M
Total debt	CN¥823M	CN¥732M	CN¥504M	CN¥237M	CN¥255M

Quarterly statements and history in the cockpit →

Keli Motor competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Keli Motor is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Keli Motor is the large dot.

Keli Motor competitors and peer comparison

How Keli Motor compares with its peers

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.

Keli Motor against its 20 peers (data as of 6 Nov 2026)
Measure	002892.SZ	Peer median	Rank in peer set
1-month return	+7.3%	-17.1%	2nd highest of 21
6-month return	-13.9%	-34.1%	4th highest of 20
Distance from 52-week high	-36.5%	-54.3%	6th highest of 21
Revenue growth (TTM)	+12.8%	+22.7%	7th lowest of 21
Operating margin	-1.0%	5.4%	3rd lowest of 21
EV / Sales	3.5×	2.4×	9th most expensive of 21
ROIC minus cost of capital	-8.3 pp	-1.7 pp	3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Keli Motor 002892.SZ	China	$1.13B	-14%	+13%	-1%	3.5×	n/a	n/a
American Superconductor AMSC	United States	$1.13B	-58%	+26%	4%	3.1×	56.5%	+28.0%
Goldcup Electric Apparatus 002533.SZ	China	$1.14B	-21%	+23%	3%	0.6×	n/a	n/a
Quality Power Electrical Equipments QPOWER.NS	India	$1.12B	+7%	+90%	19%	10.0×	n/a	n/a
Jiangsu Cai Qin Technology 688182.SS	China	$1.12B	-39%	+86%	9%	6.3×	n/a	n/a
Baosheng Science & Technology Innovation 600973.SS	China	$1.11B	-26%	+31%	1%	0.3×	9.1%	+6.9%
Shanghai Cooltech Power 300153.SZ	China	$1.11B	-27%	+84%	5%	2.3×	37.0%	+20.3%
Shanghai QiFan Cable 605222.SS	China	$1.11B	-51%	+12%	2%	0.6×	n/a	n/a
Tokai Carbon Korea 064760.KS	South Korea	$1.10B	-53%	+23%	28%	4.0×	8.8%	+5.7%
Windey Energy Technology 300772.SZ	China	$1.09B	-42%	+23%	-2%	0.6×	n/a	n/a
Harbin Electric Corp. Jiamusi Electric Machine 000922.SZ	China	$1.18B	-22%	+3%	7%	1.5×	11.1%	+15.8%
Shenzhen Mason Technologies 002654.SZ	China	$1.18B	-34%	-6%	1%	1.8×	n/a	n/a
Jiangsu Haili Wind Power Equipment Technology 301155.SZ	China	$1.18B	-31%	-69%	-17%	7.9×	n/a	n/a
PFISTERER PFS0.DE	Germany	$1.18B	n/a	+17%	14%	2.1×	15.5%	n/a
Dynapack International Technology 3211.TWO	Taiwan	$1.08B	-36%	+19%	11%	2.5×	4.3%	-7.3%
Jiangsu Zenergy Battery Technologies 3677.HK	Hong Kong	$1.19B	-56%	+58%	6%	1.0×	n/a	n/a
Atlanta Electricals ATLANTAELE.NS	India	$1.19B	-10%	+59%	16%	5.4×	20.6%	+28.4%
Xiangtan Electrochemical Scientific 002125.SZ	China	$1.08B	-25%	+1%	9%	4.1×	19.4%	+9.2%
PowerX 485A.T	Japan	$1.20B	-55%	+213%	-1%	9.0×	n/a	n/a
Shenzhen Highpower Technology 001283.SZ	China	$1.07B	0%	+18%	5%	1.5×	n/a	n/a
SPG 058610.KS	South Korea	$1.20B	-42%	-7%	5%	4.9×	40.9%	-0.8%

Questions

Which companies are Keli Motor's closest peers?: The cockpit's peer set: American Superconductor (AMSC), Goldcup Electric Apparatus (002533.SZ), Quality Power Electrical Equipments (QPOWER.NS), Jiangsu Cai Qin Technology (688182.SS), Baosheng Science & Technology Innovation (600973.SS), Shanghai Cooltech Power (300153.SZ), Shanghai QiFan Cable (605222.SS), Tokai Carbon Korea (064760.KS).
Is Keli Motor expensive compared with its peers?: On ev / sales it trades at 3.5× against a peer median of 2.4×, 9th most expensive of 21 in its peer set.
How has Keli Motor stock performed?: Over six months to 6 Nov 2026 the shares returned -13.9% against -34.1% for the median peer; over one year -34.7%.