Loading…
Chinese maker of small electric motors or electrical components; specific product line uncertain.
Chinese maker of small electric motors or electrical components; specific product line uncertain.
Moat: none
Headquarters: Ningbo, China · Employees: 2,889
Size Ningbo Sunrise Elc Technology (002937.SZ) is a China Industrials company (Metal Fabrication) with a market value of $908M, the 2500th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥19.41 on 6 Nov 2026.
Performance Over six months the shares fell 42.1%, against -22.5% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 12.1% over the last twelve months (peer median +11.4%); the operating margin is 8.1% (peer median 4.2%).
Valuation It trades at 26.2× forward earnings against a peer median of 31.4× (5th cheapest of 12).
Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +10 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 1.2 points above its cost of capital (8.8% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.96B | CN¥1.75B | CN¥1.89B | CN¥2.00B | CN¥1.76B |
| Revenue growth | — | -7% | -5% | +14% | — |
| Gross profit | CN¥449M | CN¥391M | CN¥460M | CN¥518M | CN¥445M |
| EBITDA | n/a | CN¥271M | CN¥323M | CN¥365M | CN¥278M |
| Net income | CN¥126M | CN¥145M | CN¥229M | CN¥267M | CN¥219M |
| Free cash flow | CN¥19.0M | CN¥15.4M | CN¥131M | CN¥146M | CN¥39.9M |
| Capital expenditure | CN¥210M | CN¥260M | CN¥191M | CN¥286M | CN¥223M |
| Total debt | CN¥209M | CN¥549M | CN¥534M | CN¥551M | CN¥154M |
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 | 002937.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.0% | -7.0% | 3rd lowest of 21 |
| 6-month return | -42.1% | -22.5% | 3rd lowest of 21 |
| Distance from 52-week high | -58.1% | -48.3% | 5th lowest of 21 |
| Revenue growth (TTM) | +12.1% | +11.4% | 11th highest of 21 |
| Operating margin | 8.1% | 4.2% | 8th highest of 21 |
| Forward P/E | 26.2× | 31.4× | 5th cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | 21.4% | 13.7% | 4th most demanding of 8 |
| Growth delivered (Del g) | +11.2% | +11.1% | 4th highest of 8 |
| Hurdle (Req g minus delivered) | +10.3 pp | +5.1 pp | 3rd most demanding of 8 |
| ROIC minus cost of capital | +1.2 pp | -2.3 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ningbo Sunrise Elc Technology 002937.SZ | China | $908M | -42% | +12% | 8% | 26.2× | 21.4% | +11.2% |
| Troax TROAX.ST | Sweden | $908M | +46% | 0% | 8% | 39.4× | 28.3% | +11.1% |
| Ningxia Guoyun New Energy 000595.SZ | China | $903M | -16% | +142% | 21% | n/a | n/a | n/a |
| Hunan Corun New Energy 600478.SS | China | $901M | -53% | +46% | 4% | n/a | n/a | n/a |
| Guangzhou Newlife New Material 301323.SZ | China | $896M | -15% | +26% | 13% | 31.4× | n/a | n/a |
| Lucky Harvest 002965.SZ | China | $923M | -21% | +18% | 0% | 59.4× | n/a | n/a |
| Shandong Golden Empire Precision Machinery Technology 603270.SS | China | $886M | -4% | +35% | 5% | 30.0× | n/a | n/a |
| Changjiang & Jinggong Steel Building (Group) 600496.SS | China | $931M | -25% | +1% | 3% | 9.7× | -1.5% | +12.7% |
| Zhejiang JW Precision Machinery 300984.SZ | China | $931M | -29% | +9% | 4% | 78.7× | n/a | n/a |
| Evergreen Steel 2211.TW | Taiwan | $943M | -24% | +9% | 21% | 9.5× | -9.2% | +10.4% |
| Jiangsu LiXing General Steel Ball 300421.SZ | China | $866M | -30% | +4% | 4% | n/a | 35.0% | +7.1% |
| Hsino Tower 601096.SS | China | $961M | -31% | -7% | 3% | 22.4× | n/a | n/a |
| Gibraltar Industries ROCK | United States | $964M | -20% | +14% | 11% | 7.9× | 7.3% | +1.9% |
| Chongqing Millison Technologies 301307.SZ | China | $851M | -18% | +13% | -11% | 54.7× | n/a | n/a |
| Zhejiang Huayuan Auto Technology 301535.SZ | China | $836M | -30% | +66% | 12% | n/a | 22.2% | +17.2% |
| Juli Sling 002342.SZ | China | $989M | -66% | +19% | 3% | n/a | n/a | n/a |
| Kennametal India KENNAMET.NS | India | $832M | +27% | +29% | 17% | 37.5× | n/a | n/a |
| Jiangsu NanFang Precision 002553.SZ | China | $813M | -29% | +5% | 13% | n/a | n/a | n/a |
| China Harzone Industry 300527.SZ | China | $1.03B | -18% | -12% | 1% | n/a | n/a | n/a |
| HuiZhou Intelligence Technology 002122.SZ | China | $802M | -10% | +10% | -16% | n/a | n/a | n/a |
| Sanwei 603033.SS | China | $1.04B | -40% | +10% | -6% | n/a | 13.7% | +21.1% |