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Employees: 3,681
Size Zhejiang Tenchen Controls (603085.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $507M, the 3827th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.51 on 6 Nov 2026.
Performance Over six months the shares fell 30.7%, against -14.0% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 29.5% over the last twelve months (peer median +9.1%); the operating margin is 5.8% (peer median 5.5%).
Valuation It trades at 14.4× forward earnings against a peer median of 18.8× (3rd cheapest of 8).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.0 points above its cost of capital (6.7% WACC).
Next results Next results expected around 9 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.40B | CN¥3.01B | CN¥2.22B | CN¥1.42B | CN¥1.42B |
| Revenue growth | — | +35% | +56% | 0% | — |
| Gross profit | CN¥675M | CN¥481M | CN¥371M | CN¥249M | CN¥147M |
| EBITDA | n/a | CN¥274M | CN¥143M | CN¥116M | -CN¥248,370 |
| Net income | CN¥118M | CN¥84.9M | -CN¥16.5M | CN¥14.2M | -CN¥273M |
| Free cash flow | CN¥388M | CN¥475M | -CN¥193M | -CN¥116M | -CN¥37.5M |
| Capital expenditure | CN¥37.6M | CN¥102M | CN¥227M | CN¥166M | CN¥128M |
| Total debt | CN¥1.18B | CN¥1.17B | CN¥1.39B | CN¥1.02B | CN¥886M |
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 | 603085.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.2% | -9.2% | 4th lowest of 21 |
| 6-month return | -30.7% | -14.0% | 4th lowest of 21 |
| Distance from 52-week high | -42.9% | -38.5% | 8th lowest of 21 |
| Revenue growth (TTM) | +29.5% | +9.1% | 4th highest of 21 |
| Operating margin | 5.8% | 5.5% | 11th highest of 21 |
| Forward P/E | 14.4× | 18.8× | 3rd cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | 1.3% | 18.4% | 4th least demanding of 17 |
| Growth delivered (Del g) | +16.2% | +9.9% | 4th highest of 17 |
| Hurdle (Req g minus delivered) | -14.8 pp | +2.7 pp | 2nd least demanding of 17 |
| ROIC minus cost of capital | +5.0 pp | -1.5 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhejiang Tenchen Controls 603085.SS | China | $507M | -31% | +29% | 6% | 14.4× | 1.3% | +16.2% |
| Nantong Chaoda Equipment 301186.SZ | China | $505M | -38% | +5% | 7% | n/a | 21.6% | +11.9% |
| Guangzhou Tongda Auto Electric 603390.SS | China | $505M | -28% | +11% | 10% | n/a | 17.0% | +9.5% |
| Shanghai Carthane 603037.SS | China | $504M | -8% | +15% | 9% | n/a | 25.0% | +10.7% |
| Hangzhou Zhengqiang 301119.SZ | China | $510M | -20% | +5% | 19% | n/a | 19.9% | +10.1% |
| Shinry Technologies 300745.SZ | China | $504M | -41% | +33% | -4% | 18.8× | n/a | n/a |
| Murakami 7292.T | Japan | $503M | +3% | +8% | 7% | n/a | -19.1% | +9.3% |
| Ningbo Shenglong Automotive Powertrain System 603178.SS | China | $502M | -27% | -6% | -10% | n/a | 22.3% | +6.5% |
| Fiem Industries FIEMIND.NS | India | $513M | -19% | +17% | 11% | 16.4× | 21.3% | +18.2% |
| Tieliu 603926.SS | China | $515M | -32% | -4% | 4% | n/a | 6.6% | +9.6% |
| Jee Technology 688162.SS | China | $496M | -25% | +15% | 1% | 23.7× | 36.1% | +23.7% |
| Hi-Lex 7279.T | Japan | $520M | -17% | +32% | 1% | n/a | 3.0% | +9.2% |
| Futaba Industrial 7241.T | Japan | $524M | -5% | +2% | 3% | 5.9× | -3.8% | +7.7% |
| Press Kogyo 7246.T | Japan | $525M | +14% | +11% | 7% | 10.5× | -4.8% | +5.6% |
| Sharda Motor Industries SHARDAMOTR.NS | India | $526M | -5% | +26% | 10% | n/a | 16.7% | +14.4% |
| T.RAD 7236.T | Japan | $485M | +17% | +6% | 7% | n/a | 5.0% | +7.5% |
| Ningbo Fangzheng Automobile Mould 300998.SZ | China | $532M | -5% | +2% | -3% | n/a | 57.3% | +14.9% |
| Hyliion HYLN | United States | $534M | +22% | +163% | -649% | n/a | n/a | n/a |
| Wuhu Sanlian Forging 001282.SZ | China | $537M | -23% | +2% | 5% | 24.8× | n/a | n/a |
| Shenzhen Soling Industrial 002766.SZ | China | $538M | -11% | -57% | -29% | n/a | n/a | n/a |
| Lumax Industries LUMAXIND.NS | India | $539M | 0% | +29% | 6% | 22.4× | 22.7% | +23.8% |