Wuxi-based maker of wire and cable products for power and industrial customers.
Wuxi-based maker of wire and cable products for power and industrial customers.
Moat: none. Cable manufacturing is commoditized and tender-driven with thin differentiation.
Headquarters: Wuxi, Jiangsu, China · Employees: 1,005
Size Wuxi Xinhongye Wire & Cable (301310.SZ) is a China Industrials company (Electrical Products) with a market value of $1.32B, the 1829th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥45.88 on 6 Nov 2026.
Performance Over six months the shares fell 3.6%, against -31.2% for the median peer and -16.4% for the China market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 46.8% over the last twelve months (peer median +15.7%); the operating margin is 3.4% (peer median 3.7%).
Valuation It trades at 39.4× forward earnings against a peer median of 22.8× (4th most expensive of 16).
Capital Return on invested capital runs 4.3 points below its cost of capital (7.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.21B | CN¥3.78B | CN¥2.65B | CN¥2.00B | CN¥1.81B |
| Revenue growth | — | +43% | +32% | +11% | — |
| Gross profit | CN¥561M | CN¥356M | CN¥257M | CN¥247M | CN¥256M |
| EBITDA | n/a | CN¥205M | CN¥131M | CN¥167M | CN¥170M |
| Net income | CN¥128M | CN¥133M | CN¥116M | CN¥165M | CN¥145M |
| Free cash flow | -CN¥267M | -CN¥596M | -CN¥174M | -CN¥381M | CN¥134M |
| Capital expenditure | CN¥84.9M | CN¥114M | CN¥266M | CN¥181M | CN¥83.5M |
| Total debt | CN¥3.54B | CN¥2.60B | CN¥1.59B | CN¥784M | CN¥1.32B |
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 | 301310.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.8% | -5.1% | 6th lowest of 21 |
| 6-month return | -3.6% | -31.2% | 3rd highest of 20 |
| Distance from 52-week high | -34.8% | -51.8% | 7th highest of 21 |
| Revenue growth (TTM) | +46.8% | +15.7% | 5th highest of 20 |
| Operating margin | 3.4% | 3.7% | 9th lowest of 20 |
| Forward P/E | 39.4× | 22.8× | 4th most expensive of 16 |
| ROIC minus cost of capital | -4.3 pp | -3.6 pp | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuxi Xinhongye Wire & Cable 301310.SZ | China | $1.32B | -4% | +47% | 3% | 39.4× | n/a | n/a |
| Accelevation ACCV | United States | $1.33B | n/a | n/a | n/a | n/a | n/a | n/a |
| Suzhou Anjie Technology 002635.SZ | China | $1.30B | -19% | +21% | 3% | 22.0× | 16.2% | +10.4% |
| Camel 601311.SS | China | $1.29B | -26% | -4% | 2% | 12.8× | -0.5% | +11.2% |
| V-Guard Industries VGUARD.NS | India | $1.35B | -12% | +22% | 8% | 27.6× | 19.3% | +17.0% |
| Hoymiles Power Electronics 688032.SS | China | $1.29B | -38% | +47% | -16% | n/a | n/a | n/a |
| Ningbo KBE Electrical Technology 300863.SZ | China | $1.27B | -20% | +21% | 4% | 23.0× | n/a | n/a |
| Amprius Technologies AMPX | United States | $1.27B | -48% | +144% | -17% | n/a | n/a | n/a |
| Ushio 6925.T | Japan | $1.37B | -15% | +6% | 8% | 17.6× | 8.3% | +8.6% |
| Hubei Zhongyi Technology 301150.SZ | China | $1.38B | -40% | +48% | 3% | 34.7× | 14.6% | +38.1% |
| Volex VLX.L | United Kingdom | $1.27B | -20% | +9% | 9% | 13.4× | 13.2% | +22.3% |
| Shenzhen Woer Heat-Shrinkable Material 9981.HK | Hong Kong | $1.38B | -52% | +26% | 15% | 7.6× | -11.2% | +14.8% |
| Allient ALNT | United States | $1.38B | +22% | +11% | 9% | 22.8× | 27.9% | +8.6% |
| Sinofibers Technology 300777.SZ | China | $1.26B | -48% | -61% | -25% | 40.7× | 55.1% | +16.7% |
| Ocean's King Lighting Science & Technology 002724.SZ | China | $1.39B | +89% | -3% | 6% | n/a | 21.3% | +0.3% |
| Eaglerise Electric & Electronic (China) 002922.SZ | China | $1.39B | -44% | +14% | 6% | 25.0× | n/a | n/a |
| Sunstone Development 603612.SS | China | $1.25B | -32% | +28% | 8% | 10.1× | n/a | n/a |
| FOCI Fiber Optic Communications 3363.TWO | Taiwan | $1.24B | -59% | -2% | -16% | 92.0× | n/a | n/a |
| Vanchip (Tianjin) Technology 688153.SS | China | $1.41B | -31% | 0% | -8% | n/a | n/a | n/a |
| Amara Raja Energy & Mobility ARE&M.NS | India | $1.41B | -19% | +16% | 6% | 15.5× | n/a | n/a |
| Pylon Technologies 688063.SS | China | $1.41B | -50% | +101% | 1% | 44.2× | n/a | n/a |