Chinese lighting and electronics group that owns the international Sylvania lighting brand.
Chinese lighting and electronics group that owns the international Sylvania lighting brand.
Moat: narrow (brand). Owns the internationally recognised Sylvania lighting brand outside North America.
Headquarters: Shanghai, China · Employees: 1,285
Size Shanghai Feilo Acoustics (600651.SS) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $1.82B, the 1382nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.83 on 6 Nov 2026.
Performance Over six months the shares fell 29.9%, against -17.9% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue fell 11.1% over the last twelve months (peer median +6.0%); the operating margin is -3.0% (peer median 7.5%).
Valuation It trades at 6.8× enterprise value to sales against a peer median of 2.2× (5th most expensive of 21).
Capital Return on invested capital runs 8.8 points below its cost of capital (9.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.70B | CN¥1.81B | CN¥1.96B | CN¥1.97B | CN¥3.33B |
| Revenue growth | — | -8% | 0% | -41% | — |
| Gross profit | CN¥377M | CN¥285M | CN¥278M | CN¥317M | CN¥666M |
| EBITDA | n/a | CN¥56.9M | CN¥39.7M | CN¥48.2M | CN¥82.4M |
| Net income | CN¥35.5M | CN¥55.0M | CN¥39.5M | CN¥37.9M | CN¥312M |
| Free cash flow | CN¥159M | CN¥132M | CN¥102M | -CN¥36.8M | -CN¥148M |
| Capital expenditure | CN¥63.8M | CN¥54.7M | CN¥43.5M | CN¥81.0M | CN¥136M |
| Total debt | CN¥929M | CN¥907M | CN¥927M | CN¥967M | CN¥1.28B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Shanghai Feilo Acoustics 600651.SS | $1.82B | -30% | -11% | -3% | 6.8× | n/a |
| Signify LIGHT.AS | $2.09B | -26% | -8% | 7% | 0.5× | -12.5% |
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 | 600651.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.8% | -7.8% | 7th highest of 21 |
| 6-month return | -29.9% | -17.9% | 7th lowest of 21 |
| Distance from 52-week high | -48.3% | -44.9% | 9th lowest of 21 |
| Revenue growth (TTM) | -11.1% | +6.0% | 4th lowest of 21 |
| Operating margin | -3.0% | 7.5% | 4th lowest of 21 |
| EV / Sales | 6.8× | 2.2× | 5th most expensive of 21 |
| ROIC minus cost of capital | -8.8 pp | -0.7 pp | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai Feilo Acoustics 600651.SS | China | $1.82B | -30% | -11% | -3% | 6.8× | n/a | n/a |
| Shenzhen Topband 002139.SZ | China | $1.81B | -8% | +9% | 3% | 1.2× | n/a | n/a |
| Beijing Aerospace Shenzhou Intelligent Equipment Technology 300455.SZ | China | $1.81B | -36% | -29% | -4% | 13.0× | n/a | n/a |
| Hanwei Electronics 300007.SZ | China | $1.79B | -15% | -3% | 2% | 5.5× | 40.9% | +4.6% |
| Oxford Instruments OXIG.L | United Kingdom | $1.79B | -16% | -15% | 15% | 3.0× | 20.1% | +5.8% |
| Suzhou Hengmingda Electronic Technology 002947.SZ | China | $1.78B | -43% | +13% | 18% | 3.2× | 9.4% | +34.8% |
| Anritsu 6754.T | Japan | $1.87B | -45% | +21% | 15% | 1.8× | 11.3% | +2.1% |
| Jiangsu Linyang Energy 601222.SS | China | $1.74B | -6% | +35% | 8% | 1.5× | n/a | n/a |
| Shenzhen Everbest Machinery Industry 002980.SZ | China | $1.90B | -16% | +64% | 23% | 10.2× | n/a | n/a |
| Goodwe Technologies 688390.SS | China | $1.93B | -51% | +53% | 5% | 1.3× | 17.4% | +41.2% |
| Diebold Nixdorf DBD | United States | $1.96B | -25% | +6% | 9% | 0.7× | -2.0% | -0.5% |
| Suzhou TZTEK Technology 688003.SS | China | $1.67B | -19% | +33% | 5% | 5.3× | 42.0% | +13.2% |
| ULVAC 6728.T | Japan | $2.01B | -34% | +7% | 7% | 0.9× | 14.1% | +8.0% |
| Zhejiang HangKe Technology 688006.SS | China | $1.64B | -43% | +12% | 3% | 2.6× | 16.0% | +14.9% |
| Shenzhen VMAX New Energy (Group) 688612.SS | China | $1.63B | -21% | -6% | 9% | 1.6× | 18.8% | +57.4% |
| Hexing Electrical 603556.SS | China | $1.61B | -23% | +6% | 9% | 1.8× | 0.1% | +11.3% |
| Glory 6457.T | Japan | $1.53B | +16% | -8% | 9% | 0.8× | -8.1% | +9.3% |
| TAIFLEX Scientific 8039.TW | Taiwan | $1.51B | +36% | +3% | 6% | 4.7× | 28.3% | +3.9% |
| Hangzhou Kelin Electric 688611.SS | China | $1.51B | +4% | -58% | -32% | 58.7× | n/a | n/a |
| Amano 6436.T | Japan | $1.50B | -4% | +1% | 11% | 1.1× | -7.6% | +9.2% |
| Zhejiang Dali Technology 002214.SZ | China | $1.45B | -15% | +1% | -68% | 28.5× | n/a | n/a |