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Chinese maker of electric power systems (motors, ESCs, propellers) for drones and robots, expanding into eVTOL power units.
Chinese maker of electric power systems (motors, ESCs, propellers) for drones and robots, expanding into eVTOL power units.
In one line: A drone/robotics motor and ESC specialist.
Moat: narrow (process know-how, scale). Broad drone power-system product line gives cost and integration edge over narrower rivals.
Headquarters: Nanchang, China · Founded: 2009 · Employees: 1,201
Size Nanchang Sanrui Intelligence Technology (301696.SZ) is a China Industrials company (Aerospace & Defense) with a market value of $4.87B, the 518th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥81.17 on 6 Nov 2026.
Performance Over six months the shares fell 14.3%, against -15.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 29.2% over the last twelve months (peer median +11.0%); the operating margin is 44.5% (peer median 3.6%).
Valuation It trades at 28.9× enterprise value to sales against a peer median of 3.9× (3rd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 36% a year for seven years (Req g). Recent delivered growth is +44%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 50.5 points above its cost of capital (9.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | CN¥1.07B | CN¥824M | CN¥530M | CN¥359M |
| Revenue growth | — | +29% | +56% | +47% | — |
| Gross profit | n/a | CN¥627M | CN¥483M | CN¥288M | CN¥183M |
| EBITDA | n/a | CN¥493M | CN¥385M | CN¥203M | CN¥132M |
| Net income | n/a | CN¥421M | CN¥333M | CN¥172M | CN¥113M |
| Free cash flow | n/a | CN¥362M | CN¥303M | CN¥110M | CN¥137M |
| Capital expenditure | n/a | CN¥65.7M | CN¥24.0M | CN¥90.8M | CN¥23.3M |
| Total debt | CN¥18.8M | CN¥8.70M | CN¥10.4M | CN¥12.0M | CN¥22.1M |
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 | 301696.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.7% | +1.9% | 8th lowest of 21 |
| 6-month return | -14.3% | -15.6% | 10th highest of 21 |
| Distance from 52-week high | -52.0% | -39.5% | 7th lowest of 21 |
| Revenue growth (TTM) | +29.2% | +11.0% | 7th highest of 21 |
| Operating margin | 44.5% | 3.6% | highest of 21 |
| EV / Sales | 28.9× | 3.9× | 3rd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 36.1% | 22.7% | 3rd most demanding of 10 |
| Growth delivered (Del g) | +43.7% | +8.5% | 2nd highest of 10 |
| Hurdle (Req g minus delivered) | -7.6 pp | +0.9 pp | 4th least demanding of 10 |
| ROIC minus cost of capital | +50.5 pp | -1.9 pp | highest of 20 |
| EV / EBITDA | 62.6× | 18.8× | most expensive of 11 |
| Net debt / EBITDA | -3.4× | 2.3× | 3rd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nanchang Sanrui Intelligence Technology 301696.SZ | China | $4.87B | -14% | +29% | 45% | 28.9× | 36.1% | +43.7% |
| Amentum AMTM | United States | $5.20B | -13% | +11% | 4% | 0.6× | 1.7% | +23.3% |
| LIG Defense&Aerospace 079550.KS | South Korea | $5.24B | -65% | +26% | 8% | 1.9× | n/a | n/a |
| Mercury Systems MRCY | United States | $4.48B | -19% | +8% | 2% | 4.8× | 59.6% | +1.3% |
| Aar AIR | United States | $4.39B | -7% | +22% | 9% | 1.5× | 13.2% | +14.9% |
| Glarun Technology 600562.SS | China | $5.43B | +6% | -8% | 21% | 11.0× | n/a | n/a |
| AeroVironment AVAV | United States | $5.73B | -33% | +84% | 1% | 3.0× | n/a | n/a |
| Bharat Dynamics BDL.NS | India | $4.12B | -28% | -19% | 10% | 14.1× | n/a | n/a |
| Joby Aviation JOBY | United States | $5.89B | -45% | +118,568% | -754% | 38.1× | n/a | n/a |
| Avic (Chengdu) UAS 688297.SS | China | $3.93B | -15% | +74% | 0% | 7.3× | n/a | n/a |
| Karman KRMN | United States | $6.04B | -25% | +50% | 19% | 11.7× | n/a | n/a |
| Hexcel HXL | United States | $6.09B | -16% | +8% | 11% | 3.5× | 23.0% | +4.5% |
| RENK R3NK.DE | Germany | $3.84B | -24% | +11% | 13% | 2.8× | 29.8% | +54.5% |
| Jiangxi Hongdu Aviation Industry 600316.SS | China | $3.77B | -4% | +62% | 0% | 2.8× | 53.4% | +8.0% |
| BETA Technologies BETA | United States | $6.37B | +45% | +136% | -1,033% | 97.8× | n/a | n/a |
| China Aerospace Times Electronics 600879.SS | China | $6.43B | -46% | -13% | 1% | 4.3× | n/a | n/a |
| AECC Aero-engine Control 000738.SZ | China | $3.66B | -10% | -3% | 3% | 4.5× | n/a | n/a |
| Kratos Defense & Security Solutions KTOS | United States | $6.59B | -39% | +26% | 2% | 3.5× | n/a | n/a |
| Avicopter 600038.SS | China | $3.54B | -8% | -6% | 1% | 0.8× | 9.1% | +8.1% |
| Baimtec Material 688563.SS | China | $3.53B | -12% | -1% | 15% | 6.9× | 22.7% | +14.4% |
| QinetiQ QQ..L | United Kingdom | $3.51B | +26% | 0% | 10% | 1.4× | 0.1% | +8.5% |