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State-owned auto trading and distribution company under the Sinomach industrial group, importing/exporting and distributing vehicles.
State-owned auto trading and distribution company under the Sinomach industrial group, importing/exporting and distributing vehicles.
In one line: A Chinese state-owned auto import/distribution trading company.
Moat: none (distribution). State-linked distribution network in a low-margin, competitive vehicle-trading business.
Headquarters: Beijing, China · Employees: 6,375
Size Sinomach Automobile (600335.SS) is a China Consumer Discretionary company (Specialty Stores) with a market value of $1.16B, the 2032nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.21 on 6 Nov 2026.
Performance Over six months the shares fell 14.2%, against -3.0% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue fell 10.7% over the last twelve months (peer median +5.6%); the operating margin is 2.4% (peer median 5.0%).
Valuation It trades at 0.3× enterprise value to sales against a peer median of 0.9× (3rd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.3 points above its cost of capital (5.9% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥34.7B | CN¥35.5B | CN¥41.9B | CN¥43.4B | CN¥39.4B |
| Revenue growth | — | -15% | -3% | +10% | — |
| Gross profit | CN¥3.80B | CN¥2.59B | CN¥2.73B | CN¥2.81B | CN¥2.86B |
| EBITDA | n/a | CN¥1.30B | CN¥1.20B | CN¥722M | CN¥940M |
| Net income | CN¥489M | CN¥421M | CN¥392M | CN¥20.8M | CN¥319M |
| Free cash flow | CN¥1.02B | CN¥3.01B | CN¥1.54B | -CN¥607M | -CN¥3.30B |
| Capital expenditure | CN¥1.41B | CN¥1.95B | CN¥1.15B | CN¥1.24B | CN¥639M |
| Total debt | CN¥6.27B | CN¥7.78B | CN¥9.45B | CN¥9.99B | CN¥9.98B |
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 | 600335.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.2% | +2.5% | 10th lowest of 21 |
| 6-month return | -14.2% | -3.0% | 8th lowest of 21 |
| Distance from 52-week high | -28.1% | -24.5% | 10th lowest of 21 |
| Revenue growth (TTM) | -10.7% | +5.6% | 2nd lowest of 21 |
| Operating margin | 2.4% | 5.0% | 4th lowest of 20 |
| EV / Sales | 0.3× | 0.9× | 3rd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -10.9% | -0.9% | 3rd least demanding of 17 |
| Growth delivered (Del g) | -4.2% | +5.1% | 2nd lowest of 17 |
| Hurdle (Req g minus delivered) | -6.7 pp | -5.5 pp | 7th least demanding of 17 |
| ROIC minus cost of capital | +2.3 pp | +4.0 pp | 7th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sinomach Automobile 600335.SS | China | $1.16B | -14% | -11% | 2% | 0.3× | -10.9% | -4.2% |
| MarineMax HZO | United States | $1.16B | +21% | -6% | 2% | 1.0× | n/a | n/a |
| Bluestone Jewellery and Lifestyle BLUESTONE.NS | India | $1.15B | +41% | +38% | 9% | 4.4× | n/a | n/a |
| TUHU Car 9690.HK | Hong Kong | $1.14B | -13% | +16% | 0% | 0.2× | -17.8% | +12.7% |
| Chow Sang Sang Holdings International 0116.HK | Hong Kong | $1.13B | +7% | +16% | 20% | 0.6× | n/a | n/a |
| Apotea APOTEA.ST | Sweden | $1.11B | +42% | +9% | 4% | 1.5× | 7.9% | +9.4% |
| Kidswant Digital Technology 301078.SZ | China | $1.24B | -25% | +5% | 5% | 0.9× | -0.6% | +4.2% |
| Nextage 3186.T | Japan | $1.25B | -26% | +24% | 4% | 0.4× | -0.1% | +22.0% |
| Chengdu Fusen Noble-House Industrial 002818.SZ | China | $1.26B | -8% | -22% | 42% | 6.4× | -2.7% | -1.0% |
| Rusta RUSTA.ST | Sweden | $1.28B | -17% | +8% | 8% | 1.3× | 2.5% | +7.3% |
| FIYTA Precision Technology 000026.SZ | China | $1.05B | +1% | +2% | n/a | 1.8× | 5.3% | -3.8% |
| SILICON 2 257720.KS | South Korea | $1.30B | -39% | +55% | 19% | 1.3× | -14.8% | +62.2% |
| Pet Valu PET.TO | Canada | $1.03B | +6% | +6% | 16% | 1.9× | -3.5% | +12.6% |
| Bilia BILI-A.ST | Sweden | $1.37B | +9% | +1% | 3% | 0.5× | 0.9% | +6.0% |
| Sun Art Retail 6808.HK | Hong Kong | $1.37B | -24% | -10% | 0% | 0.1× | 1.6% | -9.4% |
| Douglas DOU.DE | Germany | $976M | -7% | +1% | 4% | 0.7× | -1.1% | +7.6% |
| Itochu Enex 8133.T | Japan | $1.41B | +3% | +2% | 3% | 0.3× | -7.1% | +2.9% |
| National Vision EYE | United States | $1.42B | -22% | +8% | 4% | 1.0× | 15.6% | +3.0% |
| Leon's Furniture LNF.TO | Canada | $1.43B | +16% | 0% | 8% | 0.8× | -3.3% | +3.0% |
| CEWE Stiftung & Co. KGaA CWC.DE | Germany | $926M | +11% | +4% | 11% | 1.0× | -2.3% | +3.5% |
| P N Gadgil Jewellers PNGJL.NS | India | $919M | -17% | +51% | 6% | 0.8× | n/a | n/a |