Established Chinese maker of large electric machinery — motors, generators and transformers — for power and industrial customers.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.74B | CN¥4.88B | CN¥4.71B | CN¥4.52B | CN¥4.53B |
| Revenue growth | — | +4% | +4% | 0% | — |
| Gross profit | CN¥653M | CN¥511M | CN¥698M | CN¥809M | CN¥937M |
| EBITDA | n/a | CN¥358M | CN¥411M | CN¥566M | CN¥676M |
| Net income | CN¥36.2M | CN¥225M | CN¥249M | CN¥300M | CN¥260M |
| Free cash flow | -CN¥383M | CN¥487M | CN¥7.14M | CN¥301M | -CN¥55.2M |
| Capital expenditure | CN¥269M | CN¥215M | CN¥277M | CN¥237M | CN¥436M |
| Total debt | CN¥4.16B | CN¥3.80B | CN¥4.11B | CN¥3.73B | CN¥3.96B |
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 | Forward P/E | Req 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% |
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 | 600416.SS | Peer median | Rank 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/E | 414.0× | 19.9× | most expensive of 19 |
| ROIC minus cost of capital | -6.4 pp | +2.8 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Xiangtan Electric Manufacturing 600416.SS | China | $1.83B | -33% | -3% | -2% | 414.0× | n/a | n/a |
| Systemair SYSR.ST | Sweden | $1.83B | +16% | +3% | 9% | 18.6× | 13.4% | +8.0% |
| Jiangxi Guoke Defence 688543.SS | China | $1.83B | -7% | +2% | 16% | 42.7× | n/a | n/a |
| Shenzhen Yinghe Technology 300457.SZ | China | $1.84B | -34% | +27% | 6% | 18.6× | 11.4% | +31.7% |
| Zhejiang Dun'an Artificial Environment 002011.SZ | China | $1.81B | -4% | +8% | 8% | 11.4× | -0.4% | +12.2% |
| Wuxi Rich Intelligent Equipment 301599.SZ | China | $1.87B | -54% | +9% | 13% | n/a | 31.2% | +9.2% |
| INOX India INOXINDIA.NS | India | $1.79B | +20% | +23% | 18% | 47.3× | 37.9% | +21.8% |
| ELGI Equipments ELGIEQUIP.NS | India | $1.87B | -1% | +16% | 13% | 35.0× | 30.6% | +15.5% |
| Gorman-Rupp GRC | United States | $1.79B | -12% | +6% | 16% | 21.5× | 11.8% | +14.4% |
| OSG 6136.T | Japan | $1.88B | -2% | +20% | 18% | 11.4× | 1.7% | +9.0% |
| Beijing OriginWater Technology 300070.SZ | China | $1.78B | -16% | -10% | 5% | 54.1× | 17.0% | -4.1% |
| Shareate Tools 688257.SS | China | $1.78B | -42% | +69% | 25% | 11.4× | n/a | n/a |
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |
| Kennametal KMT | United States | $1.76B | -36% | +32% | 31% | 8.9× | n/a | n/a |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Xizi Clean Energy Equipment Manufacturing 002534.SZ | China | $1.74B | -19% | -2% | 3% | 44.5× | 25.7% | +3.1% |
| Ningbo PIA Automation 688306.SS | China | $1.74B | +3% | +7% | 4% | 190.6× | 35.2% | +8.7% |
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |