Who are Xian Sinofuse Electric's main competitors?

Named competitors: Littelfuse (LFUS). The cockpit's measured peer set (industry) also includes SMA Solar Technology (S92.DE), Minmetals New Energy Materials (Hunan) (688779.SS), Jinlongyu (002882.SZ), TD Power Systems (TDPOWERSYS.NS), Meidensha (6508.T), Jiangxi Special Electric Motor (002176.SZ).

Is Xian Sinofuse Electric expensive compared with its peers?

On forward p/e it trades at 22.1× against a peer median of 21.5×, 8th most expensive of 16 in its peer set.

How has Xian Sinofuse Electric stock performed?

Over six months to 6 Nov 2026 the shares returned -16.1% against -21.1% for the median peer; over one year +28.4%.

← CockpitCompetitor Analysis › 301031.SZ Xian Sinofuse Electric Co., Ltd. Class AOpen in the cockpit ↗

Xian Sinofuse Electric Co., Ltd. Class A301031.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Xi'an-based maker of electrical fuses used to protect circuits in power and industrial equipment.

≈ A Chinese Littelfuse/Eaton (fuses)Momentum leader 87

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.99B

US dollars, full cap

Free float

65%

of shares outstanding

$/day

$33.3M

20-day average traded

Fwd P/E

22.1×

forward earnings

ROIC−WACC

+5.8 pp

WACC 10.4%

Hurdle

n/a

no reverse DCF

Next earnings

171 days

26 Apr 2027

Close · CNYCN¥90.88

1D-8.2%

1W+3.2%

1M+3.6%

3M+16.2%

6M-16.1%

YTD+19.9%

1Y+28.4%

ATR %5.4%

52w lowhigh31.1% off high

What Xian Sinofuse Electric does

Xi'an-based maker of electrical fuses used to protect circuits in power and industrial equipment.

In one line: A Chinese Littelfuse/Eaton (fuses).

Products and services

High-voltage fuses
Low-voltage fuses

Customers

Power equipment and transformer makers
Industrial customers

Where it sits in the supply chain

Power equipment
Circuit-protection devices
Fuses for power/industrial equipment

What could go right

Grid and industrial equipment demand

What could go wrong

Price competition
Customer concentration

Moat: narrow (process know-how, customer qualification). Fuse design and certification requirements create moderate switching costs with qualified customers.

Headquarters: Xi'an, Shaanxi, China · Employees: 1,653

Named competitors

Littelfuse LFUS

Xian Sinofuse Electric at a glance

Size Xian Sinofuse Electric (301031.SZ) is a China Industrials company (Electrical Products) with a market value of $1.99B, the 1269th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥90.88 on 6 Nov 2026.

Performance Over six months the shares fell 16.1%, against -21.1% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 19 in its peer set.

Growth Revenue grew 56.4% over the last twelve months (peer median +4.1%); the operating margin is 21.2% (peer median 9.4%).

Valuation It trades at 22.1× forward earnings against a peer median of 21.5× (8th most expensive of 16).

Capital Return on invested capital runs 5.8 points above its cost of capital (10.4% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

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

Xian Sinofuse Electric financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥2.95B	CN¥2.16B	CN¥1.41B	CN¥1.05B	CN¥752M
Revenue growth	—	+53%	+34%	+40%	—
Gross profit	CN¥1.14B	CN¥839M	CN¥532M	CN¥412M	CN¥308M
EBITDA	n/a	CN¥516M	CN¥273M	CN¥167M	CN¥179M
Net income	CN¥582M	CN¥405M	CN¥187M	CN¥117M	CN¥154M
Free cash flow	-CN¥64.7M	CN¥225M	-CN¥19.2M	-CN¥106M	-CN¥144M
Capital expenditure	CN¥371M	CN¥209M	CN¥142M	CN¥193M	CN¥188M
Total debt	CN¥1.86B	CN¥962M	CN¥687M	CN¥436M	CN¥271M

Quarterly statements and history in the cockpit →

Xian Sinofuse Electric 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. Xian Sinofuse Electric is the large dot.

Fundamentals: revenue growth against valuation

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

Xian Sinofuse Electric competitors and peer comparison

Head to head with its named competitors (301031.SZ vs LFUS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Xian Sinofuse Electric 301031.SZ	$1.99B	-16%	+56%	21%	22.1×	n/a
Littelfuse LFUS	$9.04B	-22%	+19%	18%	16.3×	15.3%

How Xian Sinofuse Electric 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.

Xian Sinofuse Electric against its 20 peers (data as of 6 Nov 2026)
Measure	301031.SZ	Peer median	Rank in peer set
1-month return	+3.6%	-10.4%	2nd highest of 21
6-month return	-16.1%	-21.1%	7th highest of 19
Distance from 52-week high	-31.1%	-43.4%	7th highest of 21
Revenue growth (TTM)	+56.4%	+4.1%	2nd highest of 21
Operating margin	21.2%	9.4%	2nd highest of 21
Forward P/E	22.1×	21.5×	8th most expensive of 16
ROIC minus cost of capital	+5.8 pp	-1.9 pp	7th highest of 20

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	Forward P/E	Req g	Delivered g
Xian Sinofuse Electric 301031.SZ	China	$1.99B	-16%	+56%	21%	22.1×	n/a	n/a
SMA Solar Technology S92.DE	Germany	$1.99B	-21%	+4%	-7%	16.7×	-4.2%	+8.1%
Minmetals New Energy Materials (Hunan) 688779.SS	China	$2.00B	-36%	+146%	5%	23.8×	n/a	n/a
Jinlongyu 002882.SZ	China	$1.97B	-21%	-1%	3%	n/a	n/a	n/a
TD Power Systems TDPOWERSYS.NS	India	$1.96B	-7%	+54%	17%	47.1×	40.6%	+25.6%
Meidensha 6508.T	Japan	$1.96B	-20%	+12%	10%	11.0×	5.1%	+7.1%
Jiangxi Special Electric Motor 002176.SZ	China	$1.96B	-52%	-13%	-13%	n/a	48.7%	+1.2%
Dajin Heavy Industry 1081.HK	Hong Kong	$2.03B	n/a	+2%	19%	10.6×	n/a	n/a
AQ Group AB AQ.ST	Sweden	$2.04B	-5%	+11%	9%	24.7×	12.4%	+13.5%
Zhejiang E-P Equipment 603194.SS	China	$2.04B	-3%	+17%	13%	14.8×	n/a	n/a
Titan Wind Energy (Suzhou) 002531.SZ	China	$2.05B	-37%	-1%	5%	29.4×	n/a	n/a
Ligent Technologies 9856.HK	Hong Kong	$2.07B	n/a	+33%	12%	n/a	n/a	n/a
Chung-Hsin Electric & Machinery Manufacturing 1513.TW	Taiwan	$2.07B	-10%	+4%	19%	14.7×	-2.2%	+12.3%
Signify LIGHT.AS	Netherlands	$2.09B	-26%	-8%	7%	8.5×	-12.5%	-2.4%
Simplo Technology 6121.TWO	Taiwan	$1.90B	-6%	+3%	11%	9.6×	-20.1%	-0.8%
Jiangsu Cnano Technology 688116.SS	China	$1.90B	-19%	+8%	19%	32.6×	n/a	n/a
Jiangsu Leili Motor 300660.SZ	China	$1.90B	-33%	+16%	5%	70.5×	29.1%	+11.6%
Hangzhou Zhongheng Electric 002364.SZ	China	$1.89B	-40%	+17%	4%	70.6×	n/a	n/a
Voltronic Power Technology 6409.TW	Taiwan	$2.10B	+1%	-13%	20%	21.5×	6.2%	+8.5%
Chengdu Jiachi Electronic Technology 688708.SS	China	$2.11B	-33%	-7%	26%	n/a	n/a	n/a
CETC Chips Technology 600877.SS	China	$1.87B	-36%	-2%	-3%	n/a	n/a	n/a

Questions

Who are Xian Sinofuse Electric's main competitors?: Named competitors: Littelfuse (LFUS). The cockpit's measured peer set (industry) also includes SMA Solar Technology (S92.DE), Minmetals New Energy Materials (Hunan) (688779.SS), Jinlongyu (002882.SZ), TD Power Systems (TDPOWERSYS.NS), Meidensha (6508.T), Jiangxi Special Electric Motor (002176.SZ).
Is Xian Sinofuse Electric expensive compared with its peers?: On forward p/e it trades at 22.1× against a peer median of 21.5×, 8th most expensive of 16 in its peer set.
How has Xian Sinofuse Electric stock performed?: Over six months to 6 Nov 2026 the shares returned -16.1% against -21.1% for the median peer; over one year +28.4%.