Which companies are Liaoning Shenhua's closest peers?

The cockpit's peer set: Anhui Ankai Automobile (000868.SZ), Shenzhen China Bicycle Company (Holdings) (000017.SZ), Aston Martin Lagonda Global (AML.L), Amotiv (AOV.AX), WINBO-Dongjian Automotive Technology (300978.SZ), Miller Industries (MLR), Eson Precision Ind (5243.TW), Yulon Nissan Motor (2227.TW).

How has Liaoning Shenhua stock performed?

Over six months to 6 Nov 2026 the shares returned -16.3% against -21.8% for the median peer; over one year -28.4%.

← CockpitCompetitor Analysis › 600653.SS Liaoning Shenhua Holdings Co., Ltd. Class AOpen in the cockpit ↗

Liaoning Shenhua Holdings Co., Ltd. Class A600653.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Motor Vehicles

Momentum neutral 55

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$450M

US dollars, full cap

Free float

76%

of shares outstanding

$/day

$6.67M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-6.3 pp

WACC 5.9%

Hurdle

+48 pp

Req g minus delivered

Close · CNYCN¥1.54

1D-2.5%

1W+1.3%

1M-7.2%

3M-7.8%

6M-16.3%

YTD-18.9%

1Y-28.4%

ATR %3.9%

52w lowhigh30.6% off high

What Liaoning Shenhua does

Employees: 1,022

Liaoning Shenhua at a glance

Size Liaoning Shenhua (600653.SS) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $450M, the 4108th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.54 on 6 Nov 2026.

Performance Over six months the shares fell 16.3%, against -21.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue fell 42.0% over the last twelve months (peer median -3.6%); the operating margin is -2.8% (peer median 1.9%).

Valuation It trades at 1.6× enterprise value to sales against a peer median of 1.1× (8th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 36% a year for seven years (Req g). Recent delivered growth is -12%, so the hurdle is +48 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.3 points below its cost of capital (5.9% WACC).

Relative performance

Six months, rebased to 100: Liaoning Shenhua against the median of its 20 peers (local-currency closes).

Liaoning Shenhua financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥2.50B	CN¥3.66B	CN¥4.17B	CN¥5.14B	CN¥5.94B
Revenue growth	—	-12%	-19%	-14%	—
Gross profit	CN¥215M	CN¥109M	CN¥206M	CN¥288M	CN¥349M
EBITDA	n/a	-CN¥27.5M	CN¥77.3M	CN¥44.7M	CN¥71.6M
Net income	-CN¥145M	-CN¥178M	CN¥38.6M	-CN¥199M	-CN¥173M
Free cash flow	CN¥31.9M	CN¥6.85M	CN¥26.2M	-CN¥3.14M	CN¥64.9M
Capital expenditure	CN¥48.5M	CN¥63.5M	CN¥50.3M	CN¥71.9M	CN¥88.6M
Total debt	CN¥1.20B	CN¥1.80B	CN¥2.03B	CN¥1.93B	CN¥2.05B

Quarterly statements and history in the cockpit →

Liaoning Shenhua 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

Up and to the right = strong over both horizons. Liaoning Shenhua is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Liaoning Shenhua is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Liaoning Shenhua is the large dot.

Liaoning Shenhua competitors and peer comparison

How Liaoning Shenhua 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.

Liaoning Shenhua against its 20 peers (data as of 6 Nov 2026)
Measure	600653.SS	Peer median	Rank in peer set
1-month return	-7.2%	-11.7%	9th highest of 21
6-month return	-16.3%	-21.8%	7th highest of 21
Distance from 52-week high	-30.6%	-44.3%	6th highest of 21
Revenue growth (TTM)	-42.0%	-3.6%	lowest of 21
Operating margin	-2.8%	1.9%	7th lowest of 21
EV / Sales	1.6×	1.1×	8th most expensive of 21
Growth the price implies (Req g, 7 yrs)	35.7%	3.1%	most demanding of 11
Growth delivered (Del g)	-11.9%	+7.3%	lowest of 11
Hurdle (Req g minus delivered)	+47.5 pp	-4.1 pp	most demanding of 11
ROIC minus cost of capital	-6.3 pp	-3.4 pp	6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Liaoning Shenhua 600653.SS	China	$450M	-16%	-42%	-3%	1.6×	35.7%	-11.9%
Anhui Ankai Automobile 000868.SZ	China	$468M	-26%	-1%	-4%	1.1×	n/a	n/a
Shenzhen China Bicycle Company (Holdings) 000017.SZ	China	$469M	-1%	-39%	6%	5.8×	31.4%	+44.2%
Aston Martin Lagonda Global AML.L	United Kingdom	$474M	-26%	0%	-12%	1.3×	n/a	n/a
Amotiv AOV.AX	Australia	$476M	-19%	+3%	16%	1.1×	-4.7%	+13.0%
WINBO-Dongjian Automotive Technology 300978.SZ	China	$522M	-24%	-8%	11%	1.7×	2.2%	+6.7%
Miller Industries MLR	United States	$526M	-4%	-21%	3%	0.6×	4.0%	+3.9%
Eson Precision Ind 5243.TW	Taiwan	$382M	-31%	-11%	10%	0.8×	-7.0%	+4.1%
Yulon Nissan Motor 2227.TW	Taiwan	$379M	-21%	-24%	-5%	0.5×	n/a	n/a
Jiangsu Yueda Investment 600805.SS	China	$559M	-17%	-4%	0%	2.9×	n/a	n/a
Hirata 6258.T	Japan	$564M	-14%	+9%	11%	0.9×	4.1%	+7.8%
Merida Industry 9914.TW	Taiwan	$573M	+9%	-16%	6%	0.8×	-4.9%	-0.3%
Joy Kie 300994.SZ	China	$345M	-29%	-3%	2%	0.6×	9.9%	+8.0%
Jilin Liyuan Precision Manufacturing 002501.SZ	China	$591M	-25%	-9%	-55%	15.7×	n/a	n/a
Shanghai Phoenix Enterprise (Group)Co 600679.SS	China	$617M	-6%	+1%	3%	1.9×	10.0%	+9.4%
KMC (Kuei Meng) International 5306.TW	Taiwan	$325M	+6%	-2%	22%	2.0×	-8.8%	-5.3%
BAIC Motor 1958.HK	Hong Kong	$629M	-55%	-20%	2%	0.2×	n/a	n/a
Jiangsu Xinri E-Vehicle 603787.SS	China	$318M	-23%	-12%	-3%	0.5×	n/a	n/a
United Alloy-Tech 3162.TWO	Taiwan	$317M	-18%	+26%	1%	1.5×	n/a	n/a
Her Chee Industrial 8937.TWO	Taiwan	$314M	-36%	+333%	-45%	27.8×	n/a	n/a
KG Mobility 003620.KS	South Korea	$311M	-52%	+25%	1%	0.2×	n/a	n/a

Questions

Which companies are Liaoning Shenhua's closest peers?: The cockpit's peer set: Anhui Ankai Automobile (000868.SZ), Shenzhen China Bicycle Company (Holdings) (000017.SZ), Aston Martin Lagonda Global (AML.L), Amotiv (AOV.AX), WINBO-Dongjian Automotive Technology (300978.SZ), Miller Industries (MLR), Eson Precision Ind (5243.TW), Yulon Nissan Motor (2227.TW).
Is Liaoning Shenhua expensive compared with its peers?: On ev / sales it trades at 1.6× against a peer median of 1.1×, 8th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 36% a year for seven years (Req g). Recent delivered growth is -12%, so the hurdle is +48 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Liaoning Shenhua stock performed?: Over six months to 6 Nov 2026 the shares returned -16.3% against -21.8% for the median peer; over one year -28.4%.