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Chinese precision auto-parts maker using aluminum die-casting, also diversified into lithium-battery cathode materials.
Chinese precision auto-parts maker using aluminum die-casting, also diversified into lithium-battery cathode materials.
Moat: none. Competitive die-casting business without strong differentiation; diversification adds execution risk.
Headquarters: Chongqing, China · Employees: 5,865
Size Fulin Precision (300432.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $3.84B, the 670th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥15.00 on 6 Nov 2026.
Performance Over six months the shares fell 46.7%, against -11.7% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 94.7% over the last twelve months (peer median +7.3%); the operating margin is 4.5% (peer median 7.2%).
Valuation It trades at 20.2× forward earnings against a peer median of 12.4× (5th most expensive of 19).
Capital Return on invested capital runs 1.5 points above its cost of capital (10.3% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥22.7B | CN¥13.5B | CN¥8.46B | CN¥5.75B | CN¥7.33B |
| Revenue growth | — | +59% | +47% | -21% | — |
| Gross profit | CN¥2.82B | CN¥1.42B | CN¥994M | CN¥249M | CN¥1.35B |
| EBITDA | n/a | CN¥1.17B | CN¥752M | -CN¥486M | CN¥1.02B |
| Net income | CN¥747M | CN¥428M | CN¥397M | -CN¥543M | CN¥645M |
| Free cash flow | -CN¥1.79B | -CN¥228M | -CN¥237M | -CN¥895M | -CN¥1.15B |
| Capital expenditure | CN¥3.60B | CN¥1.13B | CN¥812M | CN¥1.20B | CN¥964M |
| Total debt | CN¥6.36B | CN¥3.52B | CN¥2.78B | CN¥3.41B | CN¥1.40B |
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 |
|---|---|---|---|---|---|---|
| Fulin Precision 300432.SZ | $3.84B | -47% | +95% | 5% | 20.2× | n/a |
| Ningbo Xusheng 603305.SS | $1.98B | -26% | +12% | 7% | 27.5× | 9.2% |
| Guangdong Hongtu Technology (Holdings) 002101.SZ | $805M | -19% | -1% | 2% | 12.7× | n/a |
| Wencan 603348.SS | $670M | -22% | +3% | -7% | 58.3× | n/a |
| Ryobi 5851.T | $486M | -5% | +3% | 4% | 7.4× | 4.3% |
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 | 300432.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.0% | -6.5% | 2nd highest of 21 |
| 6-month return | -46.7% | -11.7% | lowest of 21 |
| Distance from 52-week high | -48.0% | -30.7% | 4th lowest of 21 |
| Revenue growth (TTM) | +94.7% | +7.3% | highest of 21 |
| Operating margin | 4.5% | 7.2% | 5th lowest of 21 |
| Forward P/E | 20.2× | 12.4× | 5th most expensive of 19 |
| ROIC minus cost of capital | +1.5 pp | +0.9 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fulin Precision 300432.SZ | China | $3.84B | -47% | +95% | 5% | 20.2× | n/a | n/a |
| Inter Cars CAR.WA | Poland | $3.83B | +38% | +12% | 6% | 13.9× | 9.5% | +18.3% |
| Jtekt 6473.T | Japan | $3.82B | -1% | +4% | 5% | 11.4× | 1.2% | +9.1% |
| Toyoda Gosei 7282.T | Japan | $3.81B | +26% | +13% | 7% | 9.8× | 0.5% | +9.7% |
| ZCZL Industrial Technology 601717.SS | China | $3.80B | -19% | -1% | 8% | 6.3× | -9.8% | +9.4% |
| Garrett Motion GTX | United States | $3.72B | -31% | +7% | 15% | 9.9× | -6.9% | +3.4% |
| Bethel Automotive Safety Systems 603596.SS | China | $3.70B | -11% | +21% | 10% | 16.0× | 7.0% | +31.7% |
| Linamar LNR.TO | Canada | $3.63B | -9% | +9% | 9% | 7.1× | -8.4% | +12.0% |
| Aumovio AMV0.DE | Germany | $3.57B | -12% | -6% | -6% | n/a | 10.2% | n/a |
| Atmus Filtration Technologies ATMU | United States | $4.13B | -9% | +13% | 17% | 16.2× | 8.1% | +7.4% |
| Zhejiang Yinlun Machinery 002126.SZ | China | $3.53B | -39% | +28% | 7% | 23.0× | 14.6% | +19.9% |
| Gentex GNTX | United States | $4.19B | -15% | +8% | 19% | 9.9× | -4.7% | +8.5% |
| CIE Automotive CIE.MC | Spain | $3.46B | -11% | +4% | 14% | 8.5× | -6.7% | +6.5% |
| Koito Manufacturing 7276.T | Japan | $4.27B | -6% | +6% | 6% | 13.3× | -0.8% | +6.1% |
| Sensteed Hi-Tech 000981.SZ | China | $3.36B | -42% | -15% | -39% | n/a | n/a | n/a |
| Anhui Zhongding Sealing Parts 000887.SZ | China | $3.32B | -3% | +9% | 8% | 15.1× | 3.8% | +11.4% |
| Ningbo Joyson Electronic 600699.SS | China | $4.44B | -27% | -6% | 5% | 21.9× | -1.1% | +5.0% |
| Exide Industries EXIDEIND.NS | India | $3.20B | -2% | +13% | 8% | 21.7× | 27.5% | +11.7% |
| NHK Spring 5991.T | Japan | $3.18B | -14% | +3% | 6% | 9.8× | 5.2% | +7.4% |
| Valeo FR.PA | France | $3.00B | -15% | -2% | 4% | 7.3× | -8.2% | +4.9% |
| Suzhou Inovance Automotive 301656.SZ | China | $4.95B | -31% | +28% | 1% | 676.0× | n/a | n/a |