Loading…
Employees: 1,628
Size Shanghai New Power Automotive Technology (600841.SS) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $914M, the 2484th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.08 on 6 Nov 2026.
Performance Over six months the shares fell 38.8%, against -3.5% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 14.9% over the last twelve months (peer median +6.8%); the operating margin is -5.0% (peer median 1.8%).
Valuation It trades at 19.5× forward earnings against a peer median of 12.6× (3rd most expensive of 12).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is -24%, so the hurdle is +26 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 10.9 points below its cost of capital (8.5% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.21B | CN¥5.73B | CN¥6.46B | CN¥8.67B | CN¥9.92B |
| Revenue growth | — | -11% | -25% | -13% | — |
| Gross profit | CN¥815M | CN¥408M | CN¥251M | CN¥250M | CN¥673M |
| EBITDA | n/a | -CN¥473M | -CN¥1.39B | -CN¥1.78B | -CN¥1.09B |
| Net income | CN¥3.32B | CN¥2.87B | -CN¥2.00B | -CN¥2.46B | -CN¥1.61B |
| Free cash flow | CN¥326M | CN¥413M | -CN¥1.13B | -CN¥169M | -CN¥2.29B |
| Capital expenditure | CN¥147M | CN¥157M | CN¥517M | CN¥496M | CN¥442M |
| Total debt | CN¥1.85B | CN¥1.52B | CN¥4.57B | CN¥6.36B | CN¥7.27B |
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.
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 | 600841.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.6% | +0.3% | 5th lowest of 20 |
| 6-month return | -38.8% | -3.5% | 5th lowest of 20 |
| Distance from 52-week high | -55.1% | -37.0% | 6th lowest of 20 |
| Revenue growth (TTM) | +14.9% | +6.8% | 8th highest of 20 |
| Operating margin | -5.0% | 1.8% | 7th lowest of 20 |
| Forward P/E | 19.5× | 12.6× | 3rd most expensive of 12 |
| Growth the price implies (Req g, 7 yrs) | 2.1% | 3.5% | 4th least demanding of 11 |
| Growth delivered (Del g) | -23.6% | +2.7% | lowest of 10 |
| Hurdle (Req g minus delivered) | +25.6 pp | -0.1 pp | most demanding of 10 |
| ROIC minus cost of capital | -10.9 pp | -3.2 pp | 5th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai New Power Automotive Technology 600841.SS | China | $914M | -39% | +15% | -5% | 19.5× | 2.1% | -23.6% |
| Breton Technology 1333.HK | Hong Kong | $915M | +5% | +16% | -24% | n/a | n/a | n/a |
| Zhejiang Qianjiang Motorcycle 000913.SZ | China | $896M | -16% | 0% | 2% | 17.2× | n/a | n/a |
| Olectra Greentech OLECTRA.NS | India | $891M | -19% | +38% | 12% | 23.7× | n/a | n/a |
| Guangdong Lvtong New Energy Electric Vehicle Tech 301322.SZ | China | $869M | +5% | +63% | -3% | n/a | n/a | n/a |
| China Motor 2204.TW | Taiwan | $867M | -4% | +6% | 4% | 8.4× | 3.7% | +0.8% |
| Aebi Schmidt AEBI | United States | $867M | -3% | +49% | 6% | 11.3× | 11.9% | n/a |
| Xiamen King Long Motor 600686.SS | China | $967M | -42% | -3% | 2% | 9.1× | -1.1% | +12.0% |
| Piaggio & C PIA.MI | Italy | $862M | +24% | -5% | 7% | 17.0× | 2.6% | +2.7% |
| Yulon Motor 2201.TW | Taiwan | $860M | -1% | -8% | 8% | 12.6× | 14.9% | -2.6% |
| Zhongtong Bus 000957.SZ | China | $857M | -18% | +6% | 6% | 11.6× | -16.1% | +10.7% |
| SML Mahindra SMLMAH.NS | India | $806M | +35% | +22% | 7% | n/a | 23.6% | +36.9% |
| Kuen Tong Technology 7965.TWO | Taiwan | $796M | n/a | n/a | n/a | n/a | n/a | n/a |
| Haima Automobile 000572.SZ | China | $792M | -43% | -48% | -27% | n/a | n/a | n/a |
| Hanma Technology 600375.SS | China | $786M | -39% | +38% | 0% | n/a | 11.1% | +0.5% |
| IAT Automobile Technology 300825.SZ | China | $786M | +9% | +7% | -8% | 538.0× | n/a | n/a |
| Giant Manufacturing 9921.TW | Taiwan | $1.06B | +29% | -15% | 2% | 18.1× | 1.3% | -3.0% |
| Polestar Automotive Holding UK PLC Sponsored ADR PSNY | United States | $778M | -79% | +18% | -47% | n/a | n/a | n/a |
| Aerosun 600501.SS | China | $1.10B | -28% | +10% | -5% | n/a | n/a | n/a |
| Dometic DOM.ST | Sweden | $755M | -29% | -6% | -13% | 11.4× | 3.4% | +5.4% |
| Nissan Shatai 7222.T | Japan | $747M | -4% | +15% | 4% | n/a | n/a | n/a |