Loading…
Nanjing trading conglomerate exporting machinery, textiles and agricultural equipment for a state machinery group.
Nanjing trading conglomerate exporting machinery, textiles and agricultural equipment for a state machinery group.
Moat: none (distribution). Trading-house model with thin differentiation; relies on parent group relationships and export networks.
Headquarters: Nanjing, Jiangsu, China · Employees: 17,418
Size Sumec (600710.SS) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $2.18B, the 1170th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.10 on 6 Nov 2026.
Performance Over six months the shares fell 9.2%, against -13.4% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 14.0% over the last twelve months (peer median +11.7%); the operating margin is 3.7% (peer median 7.0%).
Valuation It trades at 9.8× forward earnings against a peer median of 11.5× (4th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -17% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -21 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥134B | CN¥118B | CN¥117B | CN¥123B | CN¥141B |
| Revenue growth | — | +1% | -5% | -13% | — |
| Gross profit | CN¥9.90B | CN¥7.69B | CN¥7.70B | CN¥6.65B | CN¥6.60B |
| EBITDA | n/a | CN¥5.53B | CN¥5.70B | CN¥4.46B | CN¥4.76B |
| Net income | CN¥1.42B | CN¥1.36B | CN¥1.15B | CN¥1.03B | CN¥913M |
| Free cash flow | CN¥2.35B | -CN¥1.15B | CN¥5.07B | CN¥2.55B | CN¥6.11B |
| Capital expenditure | CN¥623M | CN¥498M | CN¥148M | CN¥340M | CN¥227M |
| Total debt | CN¥14.7B | CN¥12.7B | CN¥11.2B | CN¥10.8B | CN¥11.3B |
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 |
|---|---|---|---|---|---|---|
| Sumec 600710.SS | $2.18B | -9% | +14% | 4% | 9.8× | -17.2% |
| Sinotrans 601598.SS | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% |
| Jiangsu Guotai International 002091.SZ | $1.91B | -11% | +7% | 6% | 10.0× | -20.9% |
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 | 600710.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.9% | +1.8% | 8th lowest of 21 |
| 6-month return | -9.2% | -13.4% | 9th highest of 21 |
| Distance from 52-week high | -27.0% | -33.1% | 8th highest of 21 |
| Revenue growth (TTM) | +14.0% | +11.7% | 7th highest of 21 |
| Operating margin | 3.7% | 7.0% | 4th lowest of 21 |
| Forward P/E | 9.8× | 11.5× | 4th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -17.2% | 2.9% | least demanding of 15 |
| Growth delivered (Del g) | +3.6% | +6.8% | 5th lowest of 15 |
| Hurdle (Req g minus delivered) | -20.9 pp | -2.9 pp | least demanding of 15 |
| ROIC minus cost of capital | +9.2 pp | -0.2 pp | 2nd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sumec 600710.SS | China | $2.18B | -9% | +14% | 4% | 9.8× | -17.2% | +3.6% |
| Takeuchi Mfg.Co 6432.T | Japan | $2.21B | +4% | +12% | 16% | 10.6× | 4.0% | +14.9% |
| ZHEJIANG ZHONGJIAN TECHNOLOGY 002779.SZ | China | $2.26B | +2% | +28% | -17% | 150.7× | n/a | n/a |
| CIMC Vehicles (Group) 301039.SZ | China | $2.07B | -18% | +6% | 4% | 16.6× | -4.3% | -5.2% |
| NFI NFI.TO | Canada | $2.06B | +13% | +15% | 2% | 11.0× | 12.0% | +9.3% |
| Anhui Heli 600761.SS | China | $2.06B | -14% | +13% | 7% | 10.9× | -6.7% | +9.2% |
| Shantui Construction Machinery 000680.SZ | China | $2.06B | -22% | +14% | 10% | 9.8× | -4.4% | +15.6% |
| Trinity Industries TRN | United States | $2.30B | -20% | -2% | 13% | 15.8× | n/a | n/a |
| China Railway Hi-tech Industry 600528.SS | China | $2.37B | -9% | -8% | 5% | n/a | -4.0% | +2.6% |
| Mitsui ES 7003.T | Japan | $1.98B | -45% | +12% | 11% | 8.7× | 16.0% | -11.3% |
| Cadeler A/S CADLR.OL | Norway | $2.41B | -14% | +53% | 36% | 9.4× | n/a | n/a |
| First Tractor 601038.SS | China | $1.95B | +2% | +12% | 6% | 17.5× | -1.6% | +7.5% |
| Beijing Jiuzhouyigui Environmental Technology 688485.SS | China | $1.91B | +29% | +9% | 2% | n/a | n/a | n/a |
| Nisshinbo 3105.T | Japan | $1.87B | -9% | +2% | 7% | 11.5× | 3.6% | +1.9% |
| Guangxi Liugong Machinery 000528.SZ | China | $2.58B | -13% | +10% | 6% | 10.5× | -3.5% | +5.0% |
| Garden Reach Shipbuilders & Engineers GRSE.NS | India | $2.60B | -31% | +40% | 10% | 26.5× | n/a | n/a |
| Deutz DEZ.DE | Germany | $1.74B | -13% | +11% | 5% | 11.4× | 19.8% | +9.5% |
| BEML BEML.NS | India | $1.72B | -2% | +13% | 6% | 39.1× | n/a | n/a |
| Xiangyang Changyuandonggu Industry 603950.SS | China | $1.72B | -36% | -8% | 17% | 22.8× | 22.1% | +6.1% |
| JiangSu Changling Hydraulic 605389.SS | China | $1.72B | -32% | +19% | 12% | n/a | 36.1% | +4.4% |
| CoCreation Grass 605099.SS | China | $1.72B | -41% | +10% | 21% | 15.4× | 2.2% | +12.3% |