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← CockpitCompetitor Analysis › 600563.SS Xiamen Faratronic Co. Ltd. Class AOpen in the cockpit ↗

Xiamen Faratronic Co. Ltd. Class A600563.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Components

Chinese maker of thin-film capacitors used in EVs, solar inverters and power-electronics equipment.

≈ A Chinese Kemet/Vishay (film capacitors)Momentum weak 39
Mkt cap
$3.58B
US dollars, full cap
Free float
56%
of shares outstanding
$/day
$59.1M
20-day average traded
Fwd P/E
18.4×
forward earnings
ROIC−WACC
+10.4 pp
WACC 8.2%
Hurdle
-15 pp
Req g minus delivered
Next earnings
136 days
22 Mar 2027
Close · CNYCN¥105.98
1D-3.2%
1W+5.0%
1M-6.6%
3M-22.3%
6M-10.2%
YTD+1.0%
1Y-12.2%
ATR %4.0%
52w lowhigh46.7% off high

What Xiamen Faratronic does

Chinese maker of thin-film capacitors used in EVs, solar inverters and power-electronics equipment.

Sells film capacitors that power-electronics makers design into products, so a qualified part is bought repeatedly for the life of a model, and volumes follow electric-vehicle and solar-inverter output. Few makers can meet the performance and reliability standards, so qualification is the main gate to orders.

In one line: A Chinese Kemet/Vishay (film capacitors).

Products and services

  • Thin-film capacitors
  • DC-link capacitors for EV/solar

Customers

  • EV inverter/motor-controller makers
  • Solar inverter makers

Where it sits in the supply chain

  • Electronic components
  • Thin-film capacitors
  • EV/solar/power-electronics equipment

What could go right

  • EV and solar power-electronics demand growth

What could go wrong

  • Price competition
  • Customer concentration in EV/solar makers

Moat: narrow (process know-how, customer qualification). Qualified film-capacitor supplier in EV and solar power electronics, a technically exacting component niche.

Headquarters: Xiamen, Fujian, China · Founded: 1993 · Employees: 5,895

Named competitors

Xiamen Faratronic at a glance

Size Xiamen Faratronic (600563.SS) is a China Information Technology company (Electronic Components) with a market value of $3.58B, the 721st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥105.98 on 6 Nov 2026.

Performance Over six months the shares fell 10.2%, against -16.1% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 20 in its peer set.

Growth Revenue grew 9.7% over the last twelve months (peer median +18.7%); the operating margin is 22.6% (peer median 13.7%).

Valuation It trades at 18.4× forward earnings against a peer median of 29.1× (7th cheapest of 19).

Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -15 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 10.4 points above its cost of capital (8.2% WACC).

Next results Next results expected around 22 Mar 2027 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026600563.SS 86Peer median 81
Six months, rebased to 100: Xiamen Faratronic against the median of its 20 peers (local-currency closes).

Xiamen Faratronic financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.79BCN¥5.30BCN¥4.75BCN¥3.86BCN¥3.82B
Revenue growth—+12%+23%+1%—
Gross profitCN¥2.05BCN¥1.66BCN¥1.55BCN¥1.45BCN¥1.43B
EBITDAn/aCN¥1.47BCN¥1.35BCN¥1.28BCN¥1.21B
Net incomeCN¥1.23BCN¥1.19BCN¥1.04BCN¥1.02BCN¥1.01B
Free cash flowCN¥923MCN¥829MCN¥893MCN¥659MCN¥468M
Capital expenditureCN¥469MCN¥545MCN¥391MCN¥473MCN¥584M
Total debtCN¥1.51BCN¥1.48BCN¥1.35BCN¥747MCN¥824M

Quarterly statements and history in the cockpit →

Xiamen Faratronic 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

-50%0%+50%+100%-40%-20%002025002815696560070700218024920076600022226880256789300489198968060024840007337762BELFACAMT6415600563.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Xiamen Faratronic is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%50×100×002025696560070700218024920076600022226880256789300489198968060007337762BELFA600563.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xiamen Faratronic is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%69656007070021802492688025678968060024840007337762BELFACAMT600563.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. Xiamen Faratronic is the large dot.

Xiamen Faratronic competitors and peer comparison

Head to head with its named competitors (600563.SS vs VSH vs 6762.T vs 002484.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Xiamen Faratronic 600563.SS$3.58B-10%+10%23%18.4×8.0%
Vishay Intertechnology VSH$3.57B-32%+18%5%13.2×18.8%
Tdk 6762.T$25.4B-27%+25%10%15.0×18.2%
Nantong Jianghai Capacitor 002484.SZ$4.28B-15%+17%14%27.6×23.2%
Nichicon 6996.T$758M-27%0%5%13.0×15.3%
Anhui Tongfeng Electronics 600237.SS$714M-15%-6%10%32.8×19.8%
Yageo 2327.TW$23.3B+8%+32%27%13.9×17.7%

How Xiamen Faratronic 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.

Xiamen Faratronic against its 20 peers (data as of 6 Nov 2026)
Measure600563.SSPeer medianRank in peer set
1-month return-6.6%-24.9%2nd highest of 21
6-month return-10.2%-16.1%7th highest of 20
Distance from 52-week high-46.7%-45.7%10th lowest of 21
Revenue growth (TTM)+9.7%+18.7%6th lowest of 21
Operating margin22.6%13.7%5th highest of 21
Forward P/E18.4×29.1×7th cheapest of 19
Growth the price implies (Req g, 7 yrs)8.0%25.5%3rd least demanding of 13
Growth delivered (Del g)+23.1%+8.2%2nd highest of 13
Hurdle (Req g minus delivered)-15.0 pp+8.8 ppleast demanding of 13
ROIC minus cost of capital+10.4 pp-0.0 pp4th highest 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
Xiamen Faratronic 600563.SSChina$3.58B-10%+10%23%18.4×8.0%+23.1%
Guizhou Space Appliance 002025.SZChina$3.56B-29%+22%3%63.7×n/an/a
Suntak Technology 002815.SZChina$3.61B+2%+31%10%n/an/an/a
Hamamatsu Photonics K.K 6965.TJapan$3.69B-7%+10%9%30.9×27.8%+8.6%
Caihong Display Devices 600707.SSChina$3.70B-15%-3%4%11.6×2.9%+1.7%
Pantum Technology 002180.SZChina$3.39B-16%-59%0%69.9×30.6%-4.8%
Walsin Technology 2492.TWTaiwan$3.79B+74%+8%8%37.6×36.0%+0.5%
Isupetasys 007660.KSSouth Korea$3.36B-59%+42%20%16.4×n/an/a
Castech 002222.SZChina$3.28B-46%+40%32%56.7×n/an/a
Shanghai Precilasers Technology 688826.SSChina$3.27Bn/a+43%40%n/an/an/a
Shenzhen Jpt Opto-Electronics 688025.SSChina$3.97B-22%+69%18%43.3×44.7%+19.4%
VisEra Technologies 6789.TWTaiwan$3.16B-46%-5%14%49.7×44.5%+5.2%
Optics Technology 300489.SZChina$4.07B+101%+40%11%125.0×n/an/a
Delton Technology (Guangzhou) 1989.HKHong Kong$4.09B-73%+86%25%10.6×n/an/a
Hirose Electric 6806.TJapan$4.23B-4%+21%22%17.5×8.4%+9.6%
Nantong Jianghai Capacitor 002484.SZChina$4.28B-15%+17%14%27.6×23.2%+15.9%
China Zhenhua (Group) Science & Technology 000733.SZChina$2.93B-17%-1%14%23.3×4.0%+7.8%
Citizen Watch 7762.TJapan$2.90B+3%+17%10%12.8×10.1%+10.9%
Bel Fuse BELFAUnited States$2.87B-38%+21%17%13.5×18.0%+7.7%
Camtek CAMTUnited States$4.53B-53%+12%23%19.6×29.7%+26.1%
Silergy 6415.TWTaiwan$4.58B-11%+13%12%30.5×n/an/a

Questions

Who are Xiamen Faratronic's main competitors?
Named competitors: Vishay Intertechnology (VSH), TDK (6762.T), Nantong Jianghai Capacitor (002484.SZ), Nichicon (6996.T), Anhui Tongfeng Electronics (600237.SS), Yageo (2327.TW). The cockpit's measured peer set (industry) also includes Guizhou Space Appliance (002025.SZ), Suntak Technology (002815.SZ), Hamamatsu Photonics K.K (6965.T), Caihong Display Devices (600707.SS), Pantum Technology (002180.SZ), Walsin Technology (2492.TW).
Is Xiamen Faratronic expensive compared with its peers?
On forward p/e it trades at 18.4× against a peer median of 29.1×, 7th cheapest of 19 in its peer set. For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is -15 pp: the price already allows for a slowdown.
How has Xiamen Faratronic stock performed?
Over six months to 6 Nov 2026 the shares returned -10.2% against -16.1% for the median peer; over one year -12.2%.

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.