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Employees: 1,010
Size Shaanxi Baoguang Vacuum Electronic Apparatus (600379.SS) is a China Industrials company (Electrical Products) with a market value of $580M, the 3505th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.71 on 6 Nov 2026.
Performance Over six months the shares fell 30.2%, against -31.5% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 7.1% over the last twelve months (peer median +6.8%); the operating margin is 4.7% (peer median 1.8%).
Valuation It trades at 43.4× forward earnings against a peer median of 20.9× (3rd most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 38% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +31 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 5.5 points below its cost of capital (11.2% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.34B | CN¥1.26B | CN¥1.46B | CN¥1.34B | CN¥1.22B |
| Revenue growth | — | -14% | +9% | +10% | — |
| Gross profit | CN¥301M | CN¥230M | CN¥268M | CN¥255M | CN¥216M |
| EBITDA | n/a | CN¥87.2M | CN¥133M | CN¥112M | CN¥93.2M |
| Net income | CN¥61.5M | CN¥51.3M | CN¥90.4M | CN¥70.6M | CN¥57.6M |
| Free cash flow | CN¥16.8M | -CN¥68.0M | -CN¥12.8M | CN¥74.5M | CN¥182M |
| Capital expenditure | CN¥34.3M | CN¥43.8M | CN¥47.9M | CN¥3.89M | CN¥5.52M |
| Total debt | CN¥467M | CN¥554M | CN¥497M | CN¥406M | CN¥507M |
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 | 600379.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.9% | -10.8% | 9th lowest of 21 |
| 6-month return | -30.2% | -31.5% | 11th highest of 21 |
| Distance from 52-week high | -43.7% | -50.9% | 6th highest of 21 |
| Revenue growth (TTM) | +7.1% | +6.8% | 10th highest of 20 |
| Operating margin | 4.7% | 1.8% | 8th highest of 20 |
| Forward P/E | 43.4× | 20.9× | 3rd most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 37.9% | 22.7% | 3rd most demanding of 9 |
| Growth delivered (Del g) | +7.0% | +8.0% | 5th highest of 9 |
| Hurdle (Req g minus delivered) | +30.9 pp | +11.8 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | -5.5 pp | -6.4 pp | 9th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shaanxi Baoguang Vacuum Electronic Apparatus 600379.SS | China | $580M | -30% | +7% | 5% | 43.4× | 37.9% | +7.0% |
| Nanjing Quanxin Cable Technology 300447.SZ | China | $581M | -35% | +8% | 4% | n/a | 29.2% | +3.3% |
| Nanjing CIGU Technology 688448.SS | China | $581M | -15% | -18% | -7% | 73.7× | n/a | n/a |
| SEC Electric Machinery 603988.SS | China | $585M | -33% | -15% | 0% | n/a | n/a | n/a |
| XP Power XPP.L | United Kingdom | $589M | -17% | -1% | 2% | 21.2× | 50.9% | -0.3% |
| Energy Vault NRGV | United States | $589M | -28% | +337% | -33% | n/a | n/a | n/a |
| Suzhou Longway Electronic Machinery 301202.SZ | China | $589M | -25% | +27% | 6% | n/a | n/a | n/a |
| Centiel CNTL.SW | Switzerland | $570M | +45% | -100% | n/a | 55.8× | n/a | n/a |
| Chongqing Wangbian Electric (Group) 603191.SS | China | $594M | -42% | +5% | -1% | 22.0× | n/a | n/a |
| Shijiazhuang Tonhe Electronics Technologies 300491.SZ | China | $566M | -18% | +33% | 1% | 30.8× | n/a | n/a |
| Jiangsu Yangdian Science & Technology 301012.SZ | China | $596M | -43% | 0% | 5% | n/a | 14.5% | +23.9% |
| Nano Nuclear Energy NNE | United States | $597M | -60% | n/a | -24,545% | n/a | n/a | n/a |
| L.G. Balakrishnan & Bros LGBBROSLTD.NS | India | $562M | -4% | +21% | 11% | 16.3× | n/a | n/a |
| Weihai Honglin Electronic 301439.SZ | China | $559M | -24% | +18% | 5% | n/a | n/a | n/a |
| Shenzhen Bromake New Material 301387.SZ | China | $602M | -45% | +25% | -1% | 16.9× | n/a | n/a |
| Enovix ENVX | United States | $606M | -58% | +35% | -497% | n/a | n/a | n/a |
| Cinderson Tech (Suzhou) 603344.SS | China | $555M | -30% | +7% | 6% | 12.9× | 7.0% | +9.3% |
| Henan Tong-Da Cable 002560.SZ | China | $607M | -47% | +16% | 2% | 20.5× | 16.2% | +32.9% |
| CyberPower Systems 3617.TW | Taiwan | $610M | +11% | 0% | 19% | 10.2× | -10.8% | +5.4% |
| Wuxi New Hongtai Electrical Technology 603016.SS | China | $614M | -50% | -4% | 10% | n/a | 36.8% | +6.7% |
| Sanbian Sci-Tech 002112.SZ | China | $617M | -37% | +7% | 1% | n/a | 59.0% | +13.2% |