Employees: 457
Size Jiangsu New Vision Automotive Electronics (2632.HK) is a Hong Kong Industrials company (Electrical Products) with a market value of $820M, the 641st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$52.10 on 6 Nov 2026.
Performance Over six months the shares fell 50.4%, against -29.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 15.4% over the last twelve months (peer median +14.4%); the operating margin is -5.1% (peer median 5.9%).
Valuation It trades at 8.1× enterprise value to sales against a peer median of 2.5× (4th most expensive of 21).
Capital Return on invested capital runs 16.3 points below its cost of capital (10.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$723M | HK$626M | HK$607M | HK$249M |
| Revenue growth | — | +15% | +3% | +144% | — |
| Gross profit | n/a | HK$171M | HK$156M | HK$148M | HK$46.1M |
| EBITDA | n/a | -HK$4.13M | HK$25.4M | HK$13.6M | -HK$122M |
| Net income | n/a | -HK$734M | -HK$155M | -HK$201M | -HK$293M |
| Free cash flow | n/a | -HK$73.4M | HK$16.5M | -HK$152M | -HK$193M |
| Capital expenditure | n/a | HK$62.9M | HK$23.5M | HK$20.3M | HK$33.0M |
| Total debt | n/a | HK$2.36B | HK$1.58B | HK$1.15B | HK$800M |
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 | 2632.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.0% | -14.8% | 10th highest of 21 |
| 6-month return | -50.4% | -29.4% | 5th lowest of 20 |
| Distance from 52-week high | -62.1% | -44.0% | 3rd lowest of 21 |
| Revenue growth (TTM) | +15.4% | +14.4% | 10th highest of 21 |
| Operating margin | -5.1% | 5.9% | 3rd lowest of 21 |
| EV / Sales | 8.1× | 2.5× | 4th most expensive of 21 |
| ROIC minus cost of capital | -16.3 pp | -2.0 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu New Vision Automotive Electronics 2632.HK | Hong Kong | $820M | -50% | +15% | -5% | 8.1× | n/a | n/a |
| Esab India ESABINDIA.NS | India | $816M | -29% | +13% | 17% | 4.7× | 18.3% | +17.2% |
| Guangzhou Baiyun Electric Equipment 603861.SS | China | $831M | -35% | +6% | 4% | 1.7× | n/a | n/a |
| Taiwan Puritic 6826.TWO | Taiwan | $807M | -43% | +14% | 16% | 1.0× | -14.4% | +23.9% |
| Daejoo Electronic Materials 078600.KS | South Korea | $835M | -53% | +42% | 8% | 4.2× | n/a | n/a |
| Kanohar Electricals KANOHAR.NS | India | $835M | n/a | +45% | 27% | 11.4× | 21.3% | +29.1% |
| Zhejiang Grandwall Electric Science & Technology 603897.SS | China | $803M | -50% | +15% | 3% | 0.6× | n/a | n/a |
| KBC 688598.SS | China | $842M | +9% | +47% | -114% | 5.2× | n/a | n/a |
| Shijiazhuang Kelin Electric 603050.SS | China | $844M | -36% | -11% | 2% | 1.7× | 23.2% | +20.2% |
| Xinya Electronic 605277.SS | China | $794M | -28% | +12% | 7% | 1.5× | 7.9% | +31.5% |
| LS Eco Energy 229640.KS | South Korea | $848M | -56% | +31% | 7% | 0.9× | 5.4% | +10.6% |
| Honbridge 8137.HK | Hong Kong | $792M | 0% | +295% | -12% | 20.9× | n/a | n/a |
| Tellhow Sci-Tech 600590.SS | China | $852M | -56% | -11% | 5% | 2.7× | n/a | n/a |
| Dalian Insulator 002606.SZ | China | $788M | -17% | +36% | 22% | 2.4× | -4.8% | +15.5% |
| Longwell 6290.TWO | Taiwan | $854M | -43% | +13% | 15% | 2.6× | 13.7% | +9.0% |
| Shanghai Zhongchen Electronic Technology 603275.SS | China | $778M | -26% | +21% | 14% | 3.7× | n/a | n/a |
| Precision Wires India PRECWIRE.NS | India | $776M | -1% | +46% | 5% | 1.2× | n/a | n/a |
| Jinlei Technology 300443.SZ | China | $876M | -40% | -14% | 13% | 2.1× | 5.6% | +11.1% |
| Anhui Xinke New Materials 600255.SS | China | $767M | -21% | +23% | 2% | 1.4× | n/a | n/a |
| Shenzhen SNC Opto Electronic 001326.SZ | China | $767M | +36% | +6% | 5% | 3.2× | 33.4% | +19.5% |
| Lintes Technology 6715.TW | Taiwan | $763M | -22% | -18% | 5% | 14.2× | 53.3% | -6.9% |