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← CockpitCompetitor Analysis › 600416.SS Xiangtan Electric Manufacturing Co., Ltd. Class AOpen in the cockpit ↗

Xiangtan Electric Manufacturing Co., Ltd. Class A600416.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery

Established Chinese maker of large electric machinery — motors, generators and transformers — for power and industrial customers.

Momentum weak 36
Mkt cap
$1.83B
US dollars, full cap
Free float
60%
of shares outstanding
$/day
$20.5M
20-day average traded
Fwd P/E
414.0×
forward earnings
ROIC−WACC
-6.4 pp
WACC 7.4%
Hurdle
n/a
no reverse DCF
Next earnings
160 days
15 Apr 2027
Close · CNYCN¥8.28
1D+0.1%
1W+7.4%
1M+0.5%
3M-12.1%
6M-33.1%
YTD-47.5%
1Y-43.0%
ATR %3.2%
52w lowhigh53.2% off high

What Xiangtan Electric Manufacturing does

Established Chinese maker of large electric machinery — motors, generators and transformers — for power and industrial customers.

Builds large motors and generators to customer order, so revenue arrives in lumpy deliveries tied to power-plant and heavy-industry projects, and spare parts and repair work on its installed machines supplement it.

Products and services

  • Large electric motors
  • Generators
  • Transformers

Customers

  • Power plants and heavy industry

Where it sits in the supply chain

  • Industrials
  • Electrical equipment
  • Motors, generators and transformers

What could go right

  • Power infrastructure and industrial electrification

What could go wrong

  • Cyclical heavy-industry and power capex

Moat: narrow (installed base, scale). Long-established state manufacturer with large installed base in Chinese heavy industry and power generation.

Headquarters: Xiangtan, China · Founded: 1936 · Employees: 4,479

Named competitors

Xiangtan Electric Manufacturing at a glance

Size Xiangtan Electric Manufacturing (600416.SS) is a China Industrials company (Industrial Machinery) with a market value of $1.83B, the 1368th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.28 on 6 Nov 2026.

Performance Over six months the shares fell 33.1%, against -10.4% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 19 in its peer set.

Growth Revenue fell 2.7% over the last twelve months (peer median +9.9%); the operating margin is -2.2% (peer median 12.8%).

Valuation It trades at 414.0× forward earnings against a peer median of 19.9× (most expensive of 19).

Capital Return on invested capital runs 6.4 points below its cost of capital (7.4% WACC).

Next results Next results expected around 15 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 88600416.SS 65
Six months, rebased to 100: Xiangtan Electric Manufacturing against the median of its 20 peers (local-currency closes).

Xiangtan Electric Manufacturing financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.74BCN¥4.88BCN¥4.71BCN¥4.52BCN¥4.53B
Revenue growth—+4%+4%0%—
Gross profitCN¥653MCN¥511MCN¥698MCN¥809MCN¥937M
EBITDAn/aCN¥358MCN¥411MCN¥566MCN¥676M
Net incomeCN¥36.2MCN¥225MCN¥249MCN¥300MCN¥260M
Free cash flow-CN¥383MCN¥487MCN¥7.14MCN¥301M-CN¥55.2M
Capital expenditureCN¥269MCN¥215MCN¥277MCN¥237MCN¥436M
Total debtCN¥4.16BCN¥3.80BCN¥4.11BCN¥3.73BCN¥3.96B

Quarterly statements and history in the cockpit →

Xiangtan Electric Manufacturing 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%+20%-40%-20%0%+20%SYSR688543300457002011301599INOXINDIAELGIEQUIPGRC61363000706882573167KMT603283LMW0025346883063899600416.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Xiangtan Electric Manufacturing is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×200×400×SYSR688543300457002011INOXINDIAELGIEQUIP61363000706882573167KMT688306600416.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xiangtan Electric Manufacturing is the large dot.

Xiangtan Electric Manufacturing competitors and peer comparison

Head to head with its named competitors (600416.SS vs ENR.DE)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Xiangtan Electric Manufacturing 600416.SS$1.83B-33%-3%-2%414.0×n/a
Siemens Energy ENR.DE$111B-33%+9%9%26.4×17.3%

How Xiangtan Electric Manufacturing 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.

Xiangtan Electric Manufacturing against its 20 peers (data as of 6 Nov 2026)
Measure600416.SSPeer medianRank in peer set
1-month return+0.5%-7.4%7th highest of 21
6-month return-33.1%-10.4%5th lowest of 19
Distance from 52-week high-53.2%-27.3%4th lowest of 21
Revenue growth (TTM)-2.7%+9.9%2nd lowest of 21
Operating margin-2.2%12.8%2nd lowest of 21
Forward P/E414.0×19.9×most expensive of 19
ROIC minus cost of capital-6.4 pp+2.8 pp3rd lowest of 21

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
Xiangtan Electric Manufacturing 600416.SSChina$1.83B-33%-3%-2%414.0×n/an/a
Systemair SYSR.STSweden$1.83B+16%+3%9%18.6×13.4%+8.0%
Jiangxi Guoke Defence 688543.SSChina$1.83B-7%+2%16%42.7×n/an/a
Shenzhen Yinghe Technology 300457.SZChina$1.84B-34%+27%6%18.6×11.4%+31.7%
Zhejiang Dun'an Artificial Environment 002011.SZChina$1.81B-4%+8%8%11.4×-0.4%+12.2%
Wuxi Rich Intelligent Equipment 301599.SZChina$1.87B-54%+9%13%n/a31.2%+9.2%
INOX India INOXINDIA.NSIndia$1.79B+20%+23%18%47.3×37.9%+21.8%
ELGI Equipments ELGIEQUIP.NSIndia$1.87B-1%+16%13%35.0×30.6%+15.5%
Gorman-Rupp GRCUnited States$1.79B-12%+6%16%21.5×11.8%+14.4%
OSG 6136.TJapan$1.88B-2%+20%18%11.4×1.7%+9.0%
Beijing OriginWater Technology 300070.SZChina$1.78B-16%-10%5%54.1×17.0%-4.1%
Shareate Tools 688257.SSChina$1.78B-42%+69%25%11.4×n/an/a
Ta Liang Technology 3167.TWTaiwan$1.89B-9%+103%23%19.6×31.8%+15.9%
Kennametal KMTUnited States$1.76B-36%+32%31%8.9×n/an/a
Excelland Robotics (Wuxi) 3231.HKHong Kong$1.91Bn/a+19%-36%n/an/an/a
Suzhou Secote Precision Electronic 603283.SSChina$1.92B-12%+9%20%20.2×n/an/a
Midera Food Processing MFPUnited States$1.92Bn/a+11%14%16.4×0.9%+10.5%
LMW LMW.NSIndia$1.93B+14%+19%4%55.9×n/an/a
Xizi Clean Energy Equipment Manufacturing 002534.SZChina$1.74B-19%-2%3%44.5×25.7%+3.1%
Ningbo PIA Automation 688306.SSChina$1.74B+3%+7%4%190.6×35.2%+8.7%
CIMC Enric 3899.HKHong Kong$1.96B-32%+6%4%10.4×-4.7%+15.6%

Questions

Who are Xiangtan Electric Manufacturing's main competitors?
Named competitors: Siemens Energy (ENR.DE), Xiangtan Electric peers (private or unlisted). The cockpit's measured peer set (industry) also includes Systemair (SYSR.ST), Jiangxi Guoke Defence (688543.SS), Shenzhen Yinghe Technology (300457.SZ), Zhejiang Dun'an Artificial Environment (002011.SZ), Wuxi Rich Intelligent Equipment (301599.SZ), INOX India (INOXINDIA.NS).
Is Xiangtan Electric Manufacturing expensive compared with its peers?
On forward p/e it trades at 414.0× against a peer median of 19.9×, most expensive of 19 in its peer set.
How has Xiangtan Electric Manufacturing stock performed?
Over six months to 6 Nov 2026 the shares returned -33.1% against -10.4% for the median peer; over one year -43.0%.

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.