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← CockpitCompetitor Analysis › 600609.SS Jinbei Automotive Company Limited Class AOpen in the cockpit ↗

Jinbei Automotive Company Limited Class A600609.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Office Equipment/Supplies
Momentum neutral 46
Mkt cap
$618M
US dollars, full cap
Free float
67%
of shares outstanding
$/day
$12.5M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+21.0 pp
WACC 7.4%
Hurdle
-2 pp
Req g minus delivered
Close · CNYCN¥3.16
1D-2.2%
1W-0.9%
1M-10.5%
3M-7.1%
6M-21.4%
YTD-31.8%
1Y-32.3%
ATR %3.9%
52w lowhigh40.1% off high

What Jinbei Automotive does

Employees: 2,666

Jinbei Automotive at a glance

Size Jinbei Automotive (600609.SS) is a China Industrials company (Office Equipment/Supplies) with a market value of $618M, the 3350th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.16 on 6 Nov 2026.

Performance Over six months the shares fell 21.4%, against -1.2% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 19 in its peer set.

Growth Revenue grew 4.4% over the last twelve months (peer median +7.4%); the operating margin is 7.2% (peer median 6.7%).

Valuation It trades at 0.7× enterprise value to sales against a peer median of 1.0× (5th cheapest of 19).

Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is -2 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 21.0 points above its cost of capital (7.4% WACC).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 97600609.SS 76
Six months, rebased to 100: Jinbei Automotive against the median of its 18 peers (local-currency closes).

Jinbei Automotive financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.43BCN¥4.54BCN¥4.35BCN¥5.12BCN¥5.61B
Revenue growth—+4%-15%-9%—
Gross profitCN¥902MCN¥713MCN¥714MCN¥869MCN¥891M
EBITDAn/aCN¥490MCN¥498MCN¥483MCN¥490M
Net incomeCN¥168MCN¥235MCN¥382MCN¥122MCN¥150M
Free cash flowCN¥159MCN¥515MCN¥560MCN¥881MCN¥226M
Capital expenditureCN¥104MCN¥73.2MCN¥124MCN¥67.4MCN¥187M
Total debtCN¥57.5MCN¥76.3MCN¥16.0MCN¥533MCN¥857M

Quarterly statements and history in the cockpit →

Jinbei Automotive 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

0%+50%+100%+150%-20%0%+20%6036006030813007296036616957002301WSTCSTPAPRFILA0021037972ACCONAVNETEDULDOMSMLKN784649027984600609.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Jinbei Automotive is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×10×20×30×6036006030813007296036616957FILANAVNETEDUL0008157846600609.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jinbei Automotive is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%50%6036006030813007296036616957002301WSTCSTPAPRFILA002103ACCONAVNETEDUL0008157846600609.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. Jinbei Automotive is the large dot.

Jinbei Automotive competitors and peer comparison

How Jinbei Automotive 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.

Jinbei Automotive against its 18 peers (data as of 6 Nov 2026)
Measure600609.SSPeer medianRank in peer set
1-month return-10.5%-0.6%5th lowest of 19
6-month return-21.4%-1.2%3rd lowest of 19
Distance from 52-week high-40.1%-23.3%2nd lowest of 19
Revenue growth (TTM)+4.4%+7.4%8th lowest of 19
Operating margin7.2%6.7%9th highest of 19
EV / Sales0.7×1.0×5th cheapest of 19
Growth the price implies (Req g, 7 yrs)-5.4%-0.9%6th least demanding of 18
Growth delivered (Del g)-3.6%+7.3%2nd lowest of 18
Hurdle (Req g minus delivered)-1.8 pp-3.3 pp7th most demanding of 18
ROIC minus cost of capital+21.0 pp+1.7 pphighest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Jinbei Automotive 600609.SSChina$618M-21%+4%7%0.7×-5.4%-3.6%
UE Furniture 603600.SSChina$579M-1%+13%6%0.7×-7.9%+7.3%
Zhejiang Dafeng Industry 603081.SSChina$679M-14%+18%0%2.4×-4.3%-1.0%
Loctek Ergonomic Technology 300729.SZChina$552M-13%+6%6%1.0×-9.4%+28.2%
Henglin Home Furnishings 603661.SSChina$543M-13%+13%4%0.5×-11.5%+19.8%
Horizon Fixture 6957.TWTaiwan$712M+162%+15%18%5.5×8.6%+9.6%
Shenzhen Comix 002301.SZChina$717M-1%+13%1%0.2×-0.5%+8.4%
West Coast Paper Mills WSTCSTPAPR.NSIndia$516M+42%+8%6%1.1×28.8%+13.8%
F.I.L.A. - Fabbrica Italiana Lapis ed Affini FILA.MIItaly$509M+1%+1%11%1.2×-4.3%-1.2%
Guangbo Group Stock 002103.SZChina$507M-19%+4%5%1.0×7.0%+1.1%
ITOKI 7972.TJapan$784M-26%+10%9%0.8×1.7%+5.7%
ACCO Brands ACCOUnited States$467M+25%+2%7%0.8×-0.9%-1.6%
Navneet Education NAVNETEDUL.NSIndia$303M-13%-4%10%1.7×19.3%+16.0%
DOMS Industries DOMS.NSIndia$1.32B-13%+18%11%5.0×n/an/a
MCC Meili Cloud Computing Industry Investment 000815.SZChina$1.41B-29%-25%10%29.1×51.4%-21.7%
MillerKnoll MLKNUnited States$1.48B+32%+1%6%0.8×7.3%+9.3%
PILOT 7846.TJapan$1.62B+33%+7%14%1.7×-3.8%+7.7%
Konica Minolta 4902.TJapan$1.79B+14%0%5%0.5×-5.6%+4.7%
Kokuyo 7984.TJapan$2.23B+9%+9%7%0.7×-6.2%+3.7%

Questions

Which companies are Jinbei Automotive's closest peers?
The cockpit's peer set: UE Furniture (603600.SS), Zhejiang Dafeng Industry (603081.SS), Loctek Ergonomic Technology (300729.SZ), Henglin Home Furnishings (603661.SS), Horizon Fixture (6957.TW), Shenzhen Comix (002301.SZ), West Coast Paper Mills (WSTCSTPAPR.NS), F.I.L.A. - Fabbrica Italiana Lapis ed Affini (FILA.MI).
Is Jinbei Automotive expensive compared with its peers?
On ev / sales it trades at 0.7× against a peer median of 1.0×, 5th cheapest of 19 in its peer set. For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is -2 pp: the price already allows for a slowdown.
How has Jinbei Automotive stock performed?
Over six months to 6 Nov 2026 the shares returned -21.4% against -1.2% for the median peer; over one year -32.3%.

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.