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← CockpitCompetitor Analysis › 600166.SS Beiqi Foton Motor Co., Ltd. Class AOpen in the cockpit ↗

Beiqi Foton Motor Co., Ltd. Class A600166.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Motor Vehicles

Chinese commercial-vehicle maker (Foton brand) under BAIC Group, producing trucks, vans and buses.

≈ A China-based Isuzu/Hino peerMomentum laggard 14
Mkt cap
$2.88B
US dollars, full cap
Free float
68%
of shares outstanding
$/day
$42.7M
20-day average traded
Fwd P/E
10.1×
forward earnings
ROIC−WACC
+1.2 pp
WACC 5.8%
Hurdle
-2 pp
Req g minus delivered
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥2.44
1D-2.4%
1W+0.4%
1M-11.9%
3M-22.3%
6M-30.9%
YTD-16.4%
1Y-11.6%
ATR %2.9%
52w lowhigh36.8% off high

What Beiqi Foton Motor does

Chinese commercial-vehicle maker (Foton brand) under BAIC Group, producing trucks, vans and buses.

Sells commercial vehicles through a dealer network, so volume follows freight demand, fleet replacement cycles and emission-standard changes in China. BAIC Group, Beijing's state-owned vehicle maker, controls it, and a joint venture with Cummins supplies its engines.

In one line: A China-based Isuzu/Hino peer.

Products and services

  • Light/medium trucks
  • Vans
  • Pickup trucks

Customers

  • Logistics/fleet operators
  • Small-business buyers

Where it sits in the supply chain

  • Autos
  • Commercial vehicles
  • Trucks, vans, light commercial vehicles

What could go right

  • China logistics/commercial-vehicle demand

What could go wrong

  • Commercial-vehicle cycle sensitivity

Moat: narrow (brand, scale, distribution). Established commercial-vehicle brand with national dealer network under state BAIC backing.

Headquarters: Beijing, China · Employees: 22,724

Named competitors

Beiqi Foton Motor at a glance

Size Beiqi Foton Motor (600166.SS) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $2.88B, the 895th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.44 on 6 Nov 2026.

Performance Over six months the shares fell 30.9%, against -13.1% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 13.1% over the last twelve months (peer median +6.1%); the operating margin is 0.9% (peer median 3.5%).

Valuation It trades at 10.1× forward earnings against a peer median of 12.7× (5th cheapest of 16).

Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -2 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.2 points above its cost of capital (5.8% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 86600166.SS 69
Six months, rebased to 100: Beiqi Foton Motor against the median of its 20 peers (local-currency closes).

Beiqi Foton Motor financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥64.7BCN¥61.1BCN¥47.4BCN¥55.7BCN¥46.3B
Revenue growth—+29%-15%+20%—
Gross profitCN¥7.60BCN¥4.71BCN¥4.52BCN¥4.55BCN¥4.05B
EBITDAn/aCN¥2.43BCN¥2.50BCN¥2.07BCN¥1.58B
Net incomeCN¥1.40BCN¥1.36BCN¥80.5MCN¥909MCN¥66.8M
Free cash flowCN¥1.12BCN¥1.65BCN¥388M-CN¥580MCN¥46.3M
Capital expenditureCN¥960MCN¥856MCN¥1.51BCN¥1.39BCN¥1.59B
Total debtCN¥16.0BCN¥13.4BCN¥15.2BCN¥8.88BCN¥13.1B

Quarterly statements and history in the cockpit →

Beiqi Foton Motor 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%-10%0%+10%TRI603529FORCEMOT72111585HOG0425000951THULEVOLCAR-B0009276007330008003013457261BLBDOLAELEC000550601777603766600166.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Beiqi Foton Motor is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×100×200×TRI60352972111585HOG04250009510008003013457261601777603766600166.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Beiqi Foton Motor is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%TRIFORCEMOT1585HOG0425000951THULE0009273013457261BLBD600166.SSGrowth 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. Beiqi Foton Motor is the large dot.

Beiqi Foton Motor competitors and peer comparison

Head to head with its named competitors (600166.SS vs 000800.SZ vs 3808.HK vs 000550.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Beiqi Foton Motor 600166.SS$2.88B-31%+13%1%10.1×-1.2%
FAW Jiefang 000800.SZ$4.11B-17%+22%-1%29.5×n/a
Sinotruk Hong Kong 3808.HK$12.3B-12%+38%7%9.4×-3.2%
Jiangling Motors 000550.SZ$1.70B-12%+7%1%11.9×n/a
Anhui Jianghuai Automobile 600418.SS$6.48B-60%+23%-2%44.4×n/a
Yutong Bus 600066.SS$10.1B-12%+3%14%11.5×-10.0%

How Beiqi Foton Motor 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.

Beiqi Foton Motor against its 20 peers (data as of 6 Nov 2026)
Measure600166.SSPeer medianRank in peer set
1-month return-11.9%-0.3%3rd lowest of 21
6-month return-30.9%-13.1%6th lowest of 21
Distance from 52-week high-36.8%-28.9%7th lowest of 21
Revenue growth (TTM)+13.1%+6.1%10th highest of 21
Operating margin0.9%3.5%7th lowest of 21
Forward P/E10.1×12.7×5th cheapest of 16
Growth the price implies (Req g, 7 yrs)-1.2%1.3%6th least demanding of 13
Growth delivered (Del g)+1.3%+11.1%3rd lowest of 13
Hurdle (Req g minus delivered)-2.5 pp-11.2 pp4th most demanding of 13
ROIC minus cost of capital+1.2 pp-1.0 pp9th highest of 19

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
Beiqi Foton Motor 600166.SSChina$2.88B-31%+13%1%10.1×-1.2%+1.3%
Trigano TRI.PAFrance$2.93B-16%+2%9%9.4×-6.0%+10.9%
Aima Technology 603529.SSChina$2.67B-11%-11%5%12.7×n/an/a
Force Motors FORCEMOT.NSIndia$2.64B-8%+16%12%n/a25.2%+35.4%
Mitsubishi Motor 7211.TJapan$3.21B+13%+5%3%17.9×n/an/a
Yadea 1585.HKHong Kong$3.36B-28%+13%7%8.9×-11.2%+13.0%
Harley-Davidson HOGUnited States$3.40B+28%-15%-4%18.6×0.4%+2.0%
Minth 0425.HKHong Kong$3.45B-37%+14%11%7.5×2.7%+14.8%
Sinotruk Jinan Truck 000951.SZChina$3.46B-10%+36%4%11.2×-5.8%-0.8%
Thule THULE.STSweden$2.39B-6%+2%17%18.3×9.3%+5.9%
Volvo Car VOLCAR-B.STSweden$3.63B-45%-17%0%n/an/an/a
China Railway Materials 000927.SZChina$2.20B-14%+1%2%n/a6.3%-5.0%
BAIC BluePark New Energy Technology 600733.SSChina$4.02B-41%+54%-19%n/an/an/a
FAW Jiefang 000800.SZChina$4.11B-17%+22%-1%29.5×n/an/a
Zhejiang Taotao Vehicles 301345.SZChina$1.91B-54%+53%25%11.9×2.2%+23.3%
Mazda Motor 7261.TJapan$4.52B+12%+4%3%6.9×-14.8%+11.3%
Blue Bird BLBDUnited States$1.82B-18%+13%12%12.8×3.7%+11.0%
Ola Electric Mobility OLAELEC.NSIndia$1.81B-3%-49%-83%n/an/an/a
Jiangling Motors 000550.SZChina$1.70B-12%+7%1%11.9×n/an/a
Chongqing Afari Technology 601777.SSChina$4.94B-35%+17%-11%208.0×n/an/a
Loncin Motor 603766.SSChina$4.97B+5%+2%9%15.9×-5.5%+12.7%

Questions

Who are Beiqi Foton Motor's main competitors?
Named competitors: FAW Jiefang Group (000800.SZ), Sinotruk (Hong Kong) (3808.HK), Jiangling Motors (000550.SZ), Anhui Jianghuai Automobile (JAC Motors) (600418.SS), Dongfeng Motor Group (private or unlisted), Zhengzhou Yutong Bus (600066.SS). The cockpit's measured peer set (industry) also includes Trigano (TRI.PA), Aima Technology (603529.SS), Force Motors (FORCEMOT.NS), Mitsubishi Motor (7211.T), Yadea (1585.HK), Harley-Davidson (HOG).
Is Beiqi Foton Motor expensive compared with its peers?
On forward p/e it trades at 10.1× against a peer median of 12.7×, 5th cheapest of 16 in its peer set. For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -2 pp: the price already allows for a slowdown.
How has Beiqi Foton Motor stock performed?
Over six months to 6 Nov 2026 the shares returned -30.9% against -13.1% for the median peer; over one year -11.6%.

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.