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← CockpitCompetitor Analysis › 301162.SZ State Power Rixin Technology Co., Ltd. Class AOpen in the cockpit ↗

State Power Rixin Technology Co., Ltd. Class A301162.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Wholesale Distributors

Chinese power-grid/electrical technology equipment maker; specifics unconfirmed.

Momentum weak 30
Mkt cap
$944M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$11.7M
20-day average traded
Fwd P/E
36.8×
forward earnings
ROIC−WACC
+0.4 pp
WACC 7.2%
Hurdle
-1 pp
Req g minus delivered
Next earnings
157 days
12 Apr 2027
Close · CNYCN¥33.71
1D-1.6%
1W+1.3%
1M-5.3%
3M-17.4%
6M-24.9%
YTD-7.9%
1Y-12.6%
ATR %5.3%
52w lowhigh44.4% off high

What State Power Rixin Technology does

Chinese power-grid/electrical technology equipment maker; specifics unconfirmed.

Where it sits in the supply chain

  • Industrials
  • Power equipment

Moat: none

Headquarters: China · Employees: 811

State Power Rixin Technology at a glance

Size State Power Rixin Technology (301162.SZ) is a China Industrials company (Wholesale Distributors) with a market value of $944M, the 2414th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥33.71 on 6 Nov 2026.

Performance Over six months the shares fell 24.9%, against -13.6% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 12.0% over the last twelve months (peer median +7.1%); the operating margin is 17.2% (peer median 4.1%).

Valuation It trades at 36.8× forward earnings against a peer median of 11.7× (2nd most expensive of 12).

Price implies For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -1 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.4 points above its cost of capital (7.2% WACC).

Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 86301162.SZ 74
Six months, rebased to 100: State Power Rixin Technology against the median of its 20 peers (local-currency closes).

State Power Rixin Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥767MCN¥713MCN¥546MCN¥453MCN¥357M
Revenue growth—+30%+21%+27%—
Gross profitCN¥524MCN¥431MCN¥352MCN¥300MCN¥234M
EBITDAn/aCN¥160MCN¥93.4MCN¥57.5MCN¥50.6M
Net incomeCN¥162MCN¥130MCN¥93.6MCN¥84.2MCN¥67.1M
Free cash flowCN¥32.2M-CN¥50.5M-CN¥77.6MCN¥37.2MCN¥56.0M
Capital expenditureCN¥91.6MCN¥153MCN¥151MCN¥35.4MCN¥5.90M
Total debtCN¥464MCN¥402MCN¥226MCN¥90.4MCN¥45.9M

Quarterly statements and history in the cockpit →

State Power Rixin Technology 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

-40%-20%0%+20%-20%-10%0%6008260007516050119830APR001120805130108131099074569960SPB988280376003132590MGH8097300893301162.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. State Power Rixin Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%0×200×400×6008269830APR0011207456SPB2590MGH300893301162.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. State Power Rixin Technology is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%0%20%600826APR80513010813109909960SPB8037600313301162.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. State Power Rixin Technology is the large dot.

State Power Rixin Technology competitors and peer comparison

How State Power Rixin Technology 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.

State Power Rixin Technology against its 20 peers (data as of 6 Nov 2026)
Measure301162.SZPeer medianRank in peer set
1-month return-5.3%-10.9%9th highest of 21
6-month return-24.9%-13.6%6th lowest of 21
Distance from 52-week high-44.4%-33.3%6th lowest of 21
Revenue growth (TTM)+12.0%+7.1%8th highest of 21
Operating margin17.2%4.1%highest of 21
Forward P/E36.8×11.7×2nd most expensive of 12
Growth the price implies (Req g, 7 yrs)22.6%-4.3%most demanding of 13
Growth delivered (Del g)+23.8%+6.9%highest of 13
Hurdle (Req g minus delivered)-1.1 pp-11.5 pp3rd most demanding of 13
ROIC minus cost of capital+0.4 pp+2.6 pp9th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
State Power Rixin Technology 301162.SZChina$944M-25%+12%17%36.8×22.6%+23.8%
Dlg Exhibitions & Events 600826.SSChina$944M-9%+2%15%18.7×6.9%-11.5%
Huludao Zinc Industry 000751.SZChina$943M-36%+17%1%n/an/an/a
Hangzhou Cogeneration 605011.SSChina$956M-23%-1%5%n/an/an/a
Trusco Nakayama 9830.TJapan$958M+6%+10%7%9.4×n/an/a
Auto Partner APR.WAPoland$928M+26%+67%8%12.2×-5.0%+21.5%
Lx International 001120.KSSouth Korea$913M-35%+11%2%4.6×n/an/a
Yamazen 8051.TJapan$978M+13%+7%2%n/a-6.3%+4.5%
Wah Lee Industrial 3010.TWTaiwan$910M-15%+6%4%11.4×-6.5%+5.8%
Mitsuuroko 8131.TJapan$893M+26%0%3%n/a-3.7%+8.4%
Deep Source 0990.HKHong Kong$1.00B-31%+7%2%n/a-13.6%+6.1%
Matsuda Sangyo 7456.TJapan$891M-12%+49%4%5.6×n/an/a
Totech 9960.TJapan$1.00B0%+6%10%10.7×5.4%+9.2%
Superior Plus SPB.TOCanada$890M-22%-7%8%13.8×-1.3%+13.7%
Yellow Hat 9882.TJapan$888M+12%+7%9%n/a-5.5%+3.1%
Kamei 8037.TJapan$869M+40%+1%3%n/a-13.1%+7.6%
China Agricultural Development Seed 600313.SSChina$1.04B-16%+35%1%n/a21.8%+12.7%
Beijing Geekplus Technology 2590.HKHong Kong$1.05B-67%+33%0%478.1×n/an/a
MAAS MGH.AXAustralia$849M-20%+31%8%11.7×n/an/a
San-ai Obbli 8097.TJapan$843M-3%-8%2%n/a-3.1%+5.2%
Zhejiang Songyuan Automotive Safety Systems 300893.SZChina$1.06B-34%+27%12%20.1×n/an/a

Questions

Which companies are State Power Rixin Technology's closest peers?
The cockpit's peer set: Dlg Exhibitions & Events (600826.SS), Huludao Zinc Industry (000751.SZ), Hangzhou Cogeneration (605011.SS), Trusco Nakayama (9830.T), Auto Partner (APR.WA), Lx International (001120.KS), Yamazen (8051.T), Wah Lee Industrial (3010.TW).
Is State Power Rixin Technology expensive compared with its peers?
On forward p/e it trades at 36.8× against a peer median of 11.7×, 2nd most expensive of 12 in its peer set. For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -1 pp: the price already allows for a slowdown.
How has State Power Rixin Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -24.9% against -13.6% for the median peer; over one year -12.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.