Loading…
Employees: 2,423
Size Whirlpool China (600983.SS) is a China Consumer Discretionary company (Electronics/Appliances) with a market value of $936M, the 2436th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.14 on 6 Nov 2026.
Performance Over six months the shares fell 13.4%, against -24.0% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue fell 2.4% over the last twelve months (peer median +6.4%); the operating margin is 11.4% (peer median 5.1%).
Valuation It trades at 14.0× forward earnings against a peer median of 27.9× (2nd cheapest of 12).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is -5 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 12.6 points above its cost of capital (5.1% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.30B | CN¥4.48B | CN¥3.64B | CN¥3.99B | CN¥4.25B |
| Revenue growth | — | +23% | -9% | -6% | — |
| Gross profit | CN¥820M | CN¥764M | CN¥513M | CN¥556M | CN¥503M |
| EBITDA | n/a | CN¥630M | CN¥282M | CN¥198M | CN¥50.0M |
| Net income | CN¥480M | CN¥520M | CN¥202M | CN¥81.1M | CN¥27.9M |
| Free cash flow | CN¥431M | CN¥694M | -CN¥100M | -CN¥260,400 | CN¥326M |
| Capital expenditure | CN¥164M | CN¥94.7M | CN¥45.1M | CN¥71.7M | CN¥102M |
| Total debt | CN¥1.35B | CN¥1.46B | CN¥996M | CN¥1.11B | CN¥1.12B |
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 | 600983.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.5% | -6.6% | 6th highest of 21 |
| 6-month return | -13.4% | -24.0% | 8th highest of 20 |
| Distance from 52-week high | -36.5% | -41.4% | 7th highest of 21 |
| Revenue growth (TTM) | -2.4% | +6.4% | 6th lowest of 21 |
| Operating margin | 11.4% | 5.1% | 9th highest of 21 |
| Forward P/E | 14.0× | 27.9× | 2nd cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | -7.2% | 15.5% | least demanding of 11 |
| Growth delivered (Del g) | -1.9% | +6.1% | 5th lowest of 11 |
| Hurdle (Req g minus delivered) | -5.4 pp | +15.7 pp | 2nd least demanding of 11 |
| ROIC minus cost of capital | +12.6 pp | -2.0 pp | 2nd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Whirlpool China 600983.SS | China | $936M | -13% | -2% | 11% | 14.0× | -7.2% | -1.9% |
| Ningbo Hicon Industry Technology 001237.SZ | China | $969M | n/a | -10% | 14% | n/a | 9.9% | -10.3% |
| Woori Technology 032820.KS | South Korea | $984M | -64% | -2% | -12% | n/a | n/a | n/a |
| Hefei I-TEK OptoElectronics 688610.SS | China | $1.01B | +18% | +72% | 14% | 45.9× | n/a | n/a |
| XGimi Technology 688696.SS | China | $1.01B | +7% | +4% | 2% | 27.9× | n/a | n/a |
| Harvia HARVIA.HE | Finland | $858M | +7% | +12% | 19% | 24.7× | 14.0% | +12.8% |
| Ningbo Fujia Industrial 603219.SS | China | $1.03B | -26% | +3% | 4% | 55.6× | n/a | n/a |
| Hangzhou Heatwell Electric Heating Technology 603075.SS | China | $1.05B | -26% | +11% | 15% | n/a | 9.0% | +7.9% |
| Guangdong Hongjing Optoelectronic Technology 301479.SZ | China | $810M | -46% | +19% | 8% | n/a | n/a | n/a |
| JS Global Lifestyle 1691.HK | Hong Kong | $808M | +9% | 0% | 0% | 18.1× | 23.1% | -16.8% |
| Guoguang Electric 002045.SZ | China | $807M | -13% | -17% | -4% | 10.0× | n/a | n/a |
| Ningbo Dechang Electrical Machinery Made 605555.SS | China | $794M | -29% | +11% | 2% | 42.1× | 11.9% | +16.8% |
| Bear Electric Appliance 002959.SZ | China | $794M | -18% | -7% | 7% | 19.3× | -6.6% | +7.5% |
| Whirlpool Of India WHIRLPOOL.NS | India | $1.11B | -16% | +6% | 2% | 29.3× | 47.2% | +6.4% |
| Alliance Material 3595.TWO | Taiwan | $760M | -71% | +200% | 35% | n/a | 45.5% | -2.5% |
| Cosonic Intelligent Technologies 300793.SZ | China | $747M | -7% | +15% | -5% | n/a | 50.0% | -4.4% |
| Guangdong Hotata Technology 603848.SS | China | $736M | -24% | +7% | 13% | 21.6× | 17.0% | +5.9% |
| Actions Technology 688049.SS | China | $1.25B | -1% | +26% | 17% | 30.3× | n/a | n/a |
| Tonze New Energy Technology 002759.SZ | China | $694M | -68% | +106% | 16% | n/a | n/a | n/a |
| Aucma 600336.SS | China | $675M | -24% | -15% | -7% | n/a | n/a | n/a |
| Appotronics 688007.SS | China | $662M | -35% | -47% | -20% | n/a | n/a | n/a |