Loading…
Aerospace-affiliated Chinese maker of automotive electromechanical components including seats and motors.
Aerospace-affiliated Chinese maker of automotive electromechanical components including seats and motors.
Moat: narrow (customer qualification). State aerospace-group backing and established seat/motor supplier qualifications.
Headquarters: Shanghai, China · Employees: 1,665
Size Shanghai Aerospace Automobile Electromechanical (600151.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $1.83B, the 1374th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.49 on 6 Nov 2026.
Performance Over six months the shares fell 41.5%, against -19.0% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 19.0% over the last twelve months (peer median +11.2%); the operating margin is -9.9% (peer median 5.4%).
Valuation It trades at 3.9× enterprise value to sales against a peer median of 1.5× (3rd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 35% a year for seven years (Req g). Recent delivered growth is -10%, so the hurdle is +45 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 12.8 points below its cost of capital (11.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.11B | CN¥3.60B | CN¥5.34B | CN¥9.22B | CN¥8.79B |
| Revenue growth | — | -33% | -42% | +5% | — |
| Gross profit | CN¥482M | CN¥287M | CN¥420M | CN¥604M | CN¥602M |
| EBITDA | n/a | CN¥234M | CN¥366M | CN¥342M | CN¥459M |
| Net income | -CN¥266M | -CN¥445M | -CN¥71.2M | -CN¥426M | -CN¥104M |
| Free cash flow | CN¥206M | CN¥552M | -CN¥266M | CN¥237M | CN¥548M |
| Capital expenditure | CN¥20.2M | CN¥21.8M | CN¥107M | CN¥242M | CN¥223M |
| Total debt | CN¥915M | CN¥1.20B | CN¥1.69B | CN¥2.62B | CN¥2.77B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Shanghai Aerospace Automobile Electromechanical 600151.SS | $1.83B | -41% | -19% | -10% | 3.9× | 34.7% |
| Ningbo Jifeng Auto Parts 603997.SS | $2.13B | -8% | +21% | 4% | 0.8× | n/a |
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 | 600151.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.9% | -4.2% | 9th lowest of 21 |
| 6-month return | -41.5% | -19.0% | 2nd lowest of 21 |
| Distance from 52-week high | -62.8% | -37.3% | 2nd lowest of 21 |
| Revenue growth (TTM) | -19.0% | +11.2% | 2nd lowest of 21 |
| Operating margin | -9.9% | 5.4% | lowest of 21 |
| EV / Sales | 3.9× | 1.5× | 3rd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 34.7% | 9.2% | 3rd most demanding of 18 |
| Growth delivered (Del g) | -9.9% | +8.9% | lowest of 18 |
| Hurdle (Req g minus delivered) | +44.6 pp | +0.5 pp | most demanding of 18 |
| ROIC minus cost of capital | -12.8 pp | +0.0 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai Aerospace Automobile Electromechanical 600151.SS | China | $1.83B | -41% | -19% | -10% | 3.9× | 34.7% | -9.9% |
| Tenneco Clean Air India TENNIND.NS | India | $1.81B | -35% | +22% | 14% | 2.7× | 14.4% | +3.8% |
| Minda MINDACORP.NS | India | $1.80B | +33% | +33% | 8% | 2.6× | 32.0% | +21.3% |
| Shuanglin 300100.SZ | China | $1.80B | -27% | -11% | 4% | 2.6× | 25.5% | +8.9% |
| Foryou 002906.SZ | China | $1.87B | -25% | +28% | 5% | 1.0× | n/a | n/a |
| Visteon VC | United States | $1.87B | -34% | +2% | 5% | 0.5× | 5.3% | +8.1% |
| Gestamp Automocion GEST.MC | Spain | $1.77B | -13% | -3% | 5% | 0.4× | -5.7% | +8.8% |
| Forvia FRVIA.PA | France | $1.93B | -20% | -32% | 5% | 0.5× | -8.3% | +8.1% |
| Ningbo Zhongda Leader Intelligent Transmission 002896.SZ | China | $1.69B | -18% | +22% | 4% | 9.6× | n/a | n/a |
| Ningbo Xusheng 603305.SS | China | $1.98B | -26% | +12% | 7% | 2.3× | 9.2% | +22.1% |
| Lumax Auto Technologies LUMAXTECH.NS | India | $1.68B | +36% | +33% | 10% | 3.0× | 34.9% | +34.5% |
| Jiangnan Mould & Plastic Technology 000700.SZ | China | $2.05B | +24% | -3% | 5% | 2.0× | 11.9% | +3.1% |
| Ningbo Hengshuai 300969.SZ | China | $2.07B | -4% | +16% | 15% | 12.0× | 43.2% | +22.7% |
| SPR Auto Technologies SHRIPISTON.NS | India | $2.10B | +19% | +47% | 14% | 3.5× | 31.3% | +22.9% |
| Tokai Rika 6995.T | Japan | $1.57B | 0% | +5% | 5% | 0.3× | -4.6% | +7.9% |
| Ningbo Jifeng Auto Parts 603997.SS | China | $2.13B | -8% | +21% | 4% | 0.8× | n/a | n/a |
| Autel Intelligent Technology 688208.SS | China | $2.14B | -37% | +14% | 19% | 2.7× | 5.0% | +25.2% |
| Johnson Electric 0179.HK | Hong Kong | $1.56B | -53% | 0% | 8% | 0.3× | -16.4% | +3.1% |
| Gentherm THRM | United States | $1.55B | -7% | +9% | 5% | 1.0× | 21.7% | +10.4% |
| Dana DAN | United States | $2.17B | -38% | -9% | 4% | 0.5× | 8.8% | +1.1% |
| Slcorp 005850.KS | South Korea | $1.54B | -25% | +10% | 8% | 0.3× | -19.7% | +15.9% |