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Employees: 995
Size Wuxi New Hongtai Electrical Technology (603016.SS) is a China Industrials company (Electrical Products) with a market value of $614M, the 3366th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥27.65 on 6 Nov 2026.
Performance Over six months the shares fell 49.7%, against -35.0% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 4.3% over the last twelve months (peer median +12.6%); the operating margin is 9.8% (peer median 0.3%).
Valuation It trades at 6.0× enterprise value to sales against a peer median of 2.5× (7th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 37% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +30 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 4.2 points above its cost of capital (10.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥597M | CN¥606M | CN¥626M | CN¥628M | CN¥609M |
| Revenue growth | — | -3% | 0% | +3% | — |
| Gross profit | CN¥156M | CN¥163M | CN¥175M | CN¥172M | CN¥162M |
| EBITDA | CN¥76.7M | CN¥82.5M | CN¥95.5M | CN¥96.2M | CN¥98.1M |
| Net income | CN¥55.0M | CN¥63.7M | CN¥70.6M | CN¥68.7M | CN¥67.1M |
| Free cash flow | CN¥67.0M | CN¥71.3M | CN¥93.7M | CN¥106M | CN¥75.2M |
| Capital expenditure | CN¥7.85M | CN¥11.1M | CN¥13.9M | CN¥15.5M | CN¥13.6M |
| Total debt | CN¥19.3M | CN¥23.1M | CN¥38.1M | CN¥35.3M | CN¥3.56M |
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 | 603016.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.7% | -12.4% | 11th highest of 21 |
| 6-month return | -49.7% | -35.0% | 5th lowest of 21 |
| Distance from 52-week high | -54.9% | -54.9% | 11th highest of 21 |
| Revenue growth (TTM) | -4.3% | +12.6% | 4th lowest of 20 |
| Operating margin | 9.8% | 0.3% | 2nd highest of 21 |
| EV / Sales | 6.0× | 2.5× | 7th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 36.8% | 27.8% | 3rd most demanding of 8 |
| Growth delivered (Del g) | +6.7% | +13.2% | 4th lowest of 8 |
| Hurdle (Req g minus delivered) | +30.1 pp | +0.8 pp | 3rd most demanding of 8 |
| ROIC minus cost of capital | +4.2 pp | -6.6 pp | 2nd highest of 21 |
| EV / EBITDA | 46.8× | 16.2× | most expensive of 4 |
| Net debt / EBITDA | -6.6× | 4.0× | least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuxi New Hongtai Electrical Technology 603016.SS | China | $614M | -50% | -4% | 10% | 6.0× | 36.8% | +6.7% |
| Sanbian Sci-Tech 002112.SZ | China | $617M | -37% | +7% | 1% | 2.1× | 59.0% | +13.2% |
| CyberPower Systems 3617.TW | Taiwan | $610M | +11% | 0% | 19% | 1.4× | -10.8% | +5.4% |
| Henan Tong-Da Cable 002560.SZ | China | $607M | -47% | +16% | 2% | 0.6× | 16.2% | +32.9% |
| Enovix ENVX | United States | $606M | -58% | +35% | -497% | 18.7× | n/a | n/a |
| Shenzhen Bromake New Material 301387.SZ | China | $602M | -45% | +25% | -1% | 2.1× | n/a | n/a |
| Powerica POWERICA.NS | India | $628M | -5% | +14% | 8% | 2.0× | n/a | n/a |
| Jiangsu Huachen Transformer 603097.SS | China | $629M | -4% | +13% | 2% | 2.3× | 27.8% | +27.0% |
| Nano Nuclear Energy NNE | United States | $597M | -60% | n/a | -24,545% | 88.0× | n/a | n/a |
| Jiangsu Yangdian Science & Technology 301012.SZ | China | $596M | -43% | 0% | 5% | 3.3× | 14.5% | +23.9% |
| Eos Energy Enterprises EOSE | United States | $634M | -78% | +534% | -159% | 7.7× | n/a | n/a |
| Zhejiang Founder Motor 002196.SZ | China | $634M | -35% | +26% | 0% | 1.8× | n/a | n/a |
| Zhejiang Sunflower Great Health 300111.SZ | China | $635M | -15% | -20% | -10% | 16.2× | n/a | n/a |
| Chongqing Wangbian Electric (Group) 603191.SS | China | $594M | -42% | +5% | -1% | 1.6× | n/a | n/a |
| Suzhou Longway Electronic Machinery 301202.SZ | China | $589M | -25% | +27% | 6% | 2.6× | n/a | n/a |
| Energy Vault NRGV | United States | $589M | -28% | +337% | -33% | 3.3× | n/a | n/a |
| XP Power XPP.L | United Kingdom | $589M | -17% | -1% | 2% | 2.4× | 50.9% | -0.3% |
| SEC Electric Machinery 603988.SS | China | $585M | -33% | -15% | 0% | 6.1× | n/a | n/a |
| Hubei Wanrun New Energy Technology 688275.SS | China | $648M | -67% | +146% | 4% | 0.6× | n/a | n/a |
| Nanjing CIGU Technology 688448.SS | China | $581M | -15% | -18% | -7% | 9.2× | n/a | n/a |
| Nanjing Quanxin Cable Technology 300447.SZ | China | $581M | -35% | +8% | 4% | 4.4× | 29.2% | +3.3% |