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← CockpitCompetitor Analysis › 600960.SS Bohai Automotive Systems Co., Ltd. Class AOpen in the cockpit ↗

Bohai Automotive Systems Co., Ltd. Class A600960.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Auto Parts: OEM
Momentum leader 86
Mkt cap
$1.04B
US dollars, full cap
Free float
76%
of shares outstanding
$/day
$8.94M
20-day average traded
Fwd P/E
16.5×
forward earnings
ROIC−WACC
-9.0 pp
WACC 7.9%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥4.30
1D+0.2%
1W+15.3%
1M+11.4%
3M+7.0%
6M-13.5%
YTD-22.9%
1Y-23.2%
ATR %3.7%
52w lowhigh32.7% off high

What Bohai Automotive Systems does

Employees: 3,697

Bohai Automotive Systems at a glance

Size Bohai Automotive Systems (600960.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $1.04B, the 2214th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.30 on 6 Nov 2026.

Performance Over six months the shares fell 13.5%, against -18.7% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue fell 26.4% over the last twelve months (peer median +7.3%); the operating margin is -1.6% (peer median 7.2%).

Valuation It trades at 16.5× forward earnings against a peer median of 12.2× (7th most expensive of 17).

Capital Return on invested capital runs 9.0 points below its cost of capital (7.9% WACC).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026600960.SS 86Peer median 81
Six months, rebased to 100: Bohai Automotive Systems against the median of its 20 peers (local-currency closes).

Bohai Automotive Systems financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/aCN¥3.11BCN¥4.22BCN¥4.66BCN¥4.09B
Revenue growth—-26%-9%+14%—
Gross profitn/aCN¥360M-CN¥160MCN¥249MCN¥318M
EBITDAn/aCN¥203M-CN¥476MCN¥178MCN¥267M
Net incomen/aCN¥167M-CN¥1.26B-CN¥199M-CN¥62.3M
Free cash flown/a-CN¥10.2M-CN¥70.3MCN¥146MCN¥142M
Capital expendituren/aCN¥54.3MCN¥138MCN¥175MCN¥152M
Total debtn/aCN¥1.41BCN¥2.00BCN¥1.85BCN¥1.74B

Quarterly statements and history in the cockpit →

Bohai Automotive Systems 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

-40%-20%0%+20%-20%0%0022845975000980DCHARB002537603166300473JSTSFQ20432001121060525500128572787242605319002516301607600960.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Bohai Automotive Systems is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%10×20×30×0022845975DCHARB603166300473JSTSFQ2043200012857278605319600592301607600960.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bohai Automotive Systems is the large dot.

Bohai Automotive Systems competitors and peer comparison

How Bohai Automotive Systems 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.

Bohai Automotive Systems against its 20 peers (data as of 6 Nov 2026)
Measure600960.SSPeer medianRank in peer set
1-month return+11.4%-1.9%2nd highest of 21
6-month return-13.5%-18.7%9th highest of 21
Distance from 52-week high-32.7%-45.3%9th highest of 21
Revenue growth (TTM)-26.4%+7.3%2nd lowest of 21
Operating margin-1.6%7.2%2nd lowest of 21
Forward P/E16.5×12.2×7th most expensive of 17
ROIC minus cost of capital-9.0 pp+1.7 pp2nd lowest of 20
EV / EBITDA34.3×6.2×most expensive of 9
Net debt / EBITDA4.7×1.4×2nd most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Bohai Automotive Systems 600960.SSChina$1.04B-13%-26%-2%16.5×n/an/a
Zhejiang Asia-Pacific Mechanical & Electronic 002284.SZChina$1.05B-29%+10%9%10.7×-1.8%+13.9%
Topre 5975.TJapan$1.04B+32%+5%8%7.6×-1.2%+12.0%
Zotye Automobile 000980.SZChina$1.05B-35%-33%-93%n/a37.5%-17.1%
Dauch DCHUnited States$1.07B-32%+41%3%5.5×n/an/a
ARB ARB.AXAustralia$1.08B+1%-4%16%17.0×15.7%+2.4%
HyUnion 002537.SZChina$1.01B-21%-6%4%n/a-1.7%+1.7%
Guilin Fuda 603166.SSChina$1.01B-25%+9%15%17.9×n/an/a
Fuxin Dare Automotive Parts 300473.SZChina$1.10B+28%+21%5%33.5×20.8%+10.0%
JOST Werke JST.DEGermany$1.11B+5%+32%7%10.8×3.0%+14.1%
Saf-holland SFQ.DEGermany$1.11B+9%0%8%13.2×0.9%+12.6%
Hl Mando 204320.KSSouth Korea$1.13B-43%+2%3%9.6×-19.9%+11.2%
Hyundai Wia 011210.KSSouth Korea$962M-41%+12%2%10.2×-11.0%+5.2%
Ningbo TIP Rubber Technology 605255.SSChina$959M-53%-9%5%n/a47.5%+0.9%
Guangzhou Ruili Kormee Automotive Electronic 001285.SZChina$1.14B-22%+21%14%17.4×n/an/a
Exedy 7278.TJapan$1.14B-17%0%7%11.3×-6.9%+6.0%
KYB 7242.TJapan$1.15B+10%+11%6%9.6×-0.4%+8.0%
Wuxi Zhenhua Auto Parts 605319.SSChina$1.16B-18%+13%20%14.6×-4.7%+16.0%
Kuangda Technology 002516.SZChina$1.16B-13%+3%12%n/a9.3%+9.0%
Fujian Longxi Bearing (Group) 600592.SSChina$926M-19%-2%11%28.9×14.0%+3.0%
Zhejiang EV-Tech 301607.SZChina$1.18B-7%+60%6%20.3×24.2%+35.3%

Questions

Which companies are Bohai Automotive Systems's closest peers?
The cockpit's peer set: Zhejiang Asia-Pacific Mechanical & Electronic (002284.SZ), Topre (5975.T), Zotye Automobile (000980.SZ), Dauch (DCH), ARB (ARB.AX), HyUnion (002537.SZ), Guilin Fuda (603166.SS), Fuxin Dare Automotive Parts (300473.SZ).
Is Bohai Automotive Systems expensive compared with its peers?
On forward p/e it trades at 16.5× against a peer median of 12.2×, 7th most expensive of 17 in its peer set.
How has Bohai Automotive Systems stock performed?
Over six months to 6 Nov 2026 the shares returned -13.5% against -18.7% for the median peer; over one year -23.2%.

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.