Who are Up-Shine Lighting's main competitors?

Named competitors: Opple Lighting (603515.SS), Hengdian Group Tospo Lighting (603303.SS). The cockpit's measured peer set (industry) also includes Shanghai Electric Wind Power (688660.SS), Hainan Drinda New Energy Technology (002865.SZ), Zhejiang Zhaolong Interconnect Technology Co. Limited (300913.SZ), Inox Wind (INOXWIND.NS), Aerospace Intelligent Manufacturing Technology (300446.SZ), Shenzhen Hopewind Electric (603063.SS).

Is Up-Shine Lighting expensive compared with its peers?

On forward p/e it trades at 29.5× against a peer median of 15.4×, 6th most expensive of 16 in its peer set.

How has Up-Shine Lighting stock performed?

Over six months to 6 Nov 2026 the shares returned -38.9% against -38.8% for the median peer; over one year +125.6%.

← CockpitCompetitor Analysis › 301362.SZ Up-Shine Lighting Co., Ltd. Class AOpen in the cockpit ↗

Up-Shine Lighting Co., Ltd. Class A301362.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Chinese maker of LED lighting products, exporting fixtures and lamps to global commercial and residential markets.

Momentum laggard 1

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.50B

US dollars, full cap

$/day

$33.0M

20-day average traded

Fwd P/E

29.5×

forward earnings

ROIC−WACC

-7.2 pp

WACC 13.8%

Hurdle

n/a

no reverse DCF

Next earnings

152 days

7 Apr 2027

Close · CNYCN¥68.49

1D-4.3%

1W+0.9%

1M-34.1%

3M-37.7%

6M-38.9%

YTD+130.6%

1Y+125.6%

ATR %10.1%

52w lowhigh73.2% off high

What Up-Shine Lighting does

Chinese maker of LED lighting products, exporting fixtures and lamps to global commercial and residential markets.

Products and services

LED lamps & fixtures

Customers

Overseas lighting distributors/retailers

Where it sits in the supply chain

Lighting
LED lighting manufacturing
Commercial/residential lighting export

What could go right

Export demand for LED lighting

What could go wrong

Price competition
Freight/tariff costs on exports

Moat: none. LED lighting is a highly competitive, commoditized manufacturing category with thin differentiation.

Headquarters: Zhongshan, Guangdong, China · Employees: 2,575

Named competitors

Opple Lighting 603515.SS
Hengdian Group Tospo Lighting 603303.SS

Up-Shine Lighting at a glance

Size Up-Shine Lighting (301362.SZ) is a China Industrials company (Electrical Products) with a market value of $1.50B, the 1636th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥68.49 on 6 Nov 2026.

Performance Over six months the shares fell 38.9%, against -38.8% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 18 in its peer set.

Growth Revenue grew 15.2% over the last twelve months (peer median +20.5%); the operating margin is 6.8% (peer median 8.3%).

Valuation It trades at 29.5× forward earnings against a peer median of 15.4× (6th most expensive of 16).

Capital Return on invested capital runs 7.2 points below its cost of capital (13.8% WACC).

Next results Next results expected around 7 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Up-Shine Lighting against the median of its 20 peers (local-currency closes).

Up-Shine Lighting financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥1.89B	CN¥1.66B	CN¥1.63B	CN¥1.52B	CN¥1.46B
Revenue growth	—	+2%	+7%	+4%	—
Gross profit	CN¥541M	CN¥436M	CN¥460M	CN¥470M	CN¥441M
EBITDA	n/a	CN¥221M	CN¥243M	CN¥268M	CN¥272M
Net income	CN¥125M	CN¥184M	CN¥231M	CN¥230M	CN¥245M
Free cash flow	-CN¥253M	-CN¥83.8M	CN¥165M	CN¥196M	CN¥230M
Capital expenditure	CN¥348M	CN¥296M	CN¥86.3M	CN¥64.1M	CN¥40.4M
Total debt	CN¥290M	CN¥86.3M	CN¥105M	CN¥94.6M	CN¥109M

Quarterly statements and history in the cockpit →

Up-Shine Lighting 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. Up-Shine Lighting is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Up-Shine Lighting is the large dot.

Up-Shine Lighting competitors and peer comparison

Head to head with its named competitors (301362.SZ vs 603515.SS vs 603303.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Up-Shine Lighting 301362.SZ	$1.50B	-39%	+15%	7%	29.5×	n/a
Opple Lighting 603515.SS	$1.67B	-26%	+1%	9%	17.2×	n/a
Hengdian Group Tospo Lighting 603303.SS	$1.86B	+44%	+5%	1%	70.3×	35.6%

How Up-Shine Lighting 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.

Up-Shine Lighting against its 20 peers (data as of 6 Nov 2026)
Measure	301362.SZ	Peer median	Rank in peer set
1-month return	-34.1%	-15.0%	4th lowest of 21
6-month return	-38.9%	-38.8%	8th lowest of 18
Distance from 52-week high	-73.2%	-58.6%	lowest of 21
Revenue growth (TTM)	+15.2%	+20.5%	10th lowest of 21
Operating margin	6.8%	8.3%	9th lowest of 21
Forward P/E	29.5×	15.4×	6th most expensive of 16
ROIC minus cost of capital	-7.2 pp	-2.7 pp	7th lowest 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
Up-Shine Lighting 301362.SZ	China	$1.50B	-39%	+15%	7%	29.5×	n/a	n/a
Shanghai Electric Wind Power 688660.SS	China	$1.50B	-39%	+69%	-6%	n/a	n/a	n/a
Hainan Drinda New Energy Technology 002865.SZ	China	$1.49B	-45%	-4%	-13%	n/a	19.3%	+54.9%
Zhejiang Zhaolong Interconnect Technology Co. Limited 300913.SZ	China	$1.49B	-45%	+29%	12%	44.1×	n/a	n/a
Inox Wind INOXWIND.NS	India	$1.49B	-39%	+17%	15%	15.4×	n/a	n/a
Aerospace Intelligent Manufacturing Technology 300446.SZ	China	$1.48B	-38%	-14%	5%	21.3×	2.1%	+133.1%
Shenzhen Hopewind Electric 603063.SS	China	$1.52B	-50%	-5%	9%	24.6×	14.6%	+12.3%
Iljin Electric 103590.KS	South Korea	$1.52B	-65%	+24%	9%	11.2×	n/a	n/a
Guodian Nanjing Automation 600268.SS	China	$1.48B	-35%	-5%	9%	15.2×	-0.1%	+13.9%
Cswind 112610.KS	South Korea	$1.52B	-31%	-8%	7%	11.6×	-0.5%	+23.8%
Beijing Victory Electric 001393.SZ	China	$1.53B	n/a	+31%	11%	n/a	n/a	n/a
Shandong Hi-tech Spring Material Technology 301292.SZ	China	$1.54B	-46%	+46%	11%	31.8×	n/a	n/a
Shenzhen SDG Information 000070.SZ	China	$1.55B	-33%	+27%	-1%	n/a	28.4%	-1.3%
Long Young Electronic (Kunshan) 301389.SZ	China	$1.55B	-41%	+103%	17%	55.4×	46.5%	+3.3%
Sinfonia Technology 6507.T	Japan	$1.56B	-39%	+9%	15%	14.2×	15.4%	+8.0%
Hangzhou Gold Electronic Equipment 301669.SZ	China	$1.56B	n/a	+37%	9%	n/a	n/a	n/a
ERock EROC	United States	$1.56B	n/a	+43%	-19%	35.8×	12.5%	+42.5%
Daihen 6622.T	Japan	$1.43B	+5%	+5%	8%	11.4×	n/a	n/a
East 300376.SZ	China	$1.43B	-30%	+9%	3%	9.3×	n/a	n/a
Zhejiang Wanma 002276.SZ	China	$1.42B	-25%	+13%	1%	10.8×	5.1%	+15.6%
Yangtze Optical Electronic 688143.SS	China	$1.59B	+56%	+25%	2%	296.7×	n/a	n/a

Questions

Who are Up-Shine Lighting's main competitors?: Named competitors: Opple Lighting (603515.SS), Hengdian Group Tospo Lighting (603303.SS). The cockpit's measured peer set (industry) also includes Shanghai Electric Wind Power (688660.SS), Hainan Drinda New Energy Technology (002865.SZ), Zhejiang Zhaolong Interconnect Technology Co. Limited (300913.SZ), Inox Wind (INOXWIND.NS), Aerospace Intelligent Manufacturing Technology (300446.SZ), Shenzhen Hopewind Electric (603063.SS).
Is Up-Shine Lighting expensive compared with its peers?: On forward p/e it trades at 29.5× against a peer median of 15.4×, 6th most expensive of 16 in its peer set.
How has Up-Shine Lighting stock performed?: Over six months to 6 Nov 2026 the shares returned -38.9% against -38.8% for the median peer; over one year +125.6%.