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← CockpitCompetitor Analysis › 603191.SS Chongqing Wangbian Electric (Group) Corp. Ltd. Class AOpen in the cockpit ↗

Chongqing Wangbian Electric (Group) Corp. Ltd. Class A603191.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products
Momentum laggard 10
Mkt cap
$594M
US dollars, full cap
Free float
20%
of shares outstanding
$/day
$11.0M
20-day average traded
Fwd P/E
22.0×
forward earnings
ROIC−WACC
-4.7 pp
WACC 6.5%
Hurdle
n/a
no reverse DCF
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥11.43
1D-1.7%
1W+4.7%
1M-13.0%
3M-18.8%
6M-41.7%
YTD-22.8%
1Y-23.7%
ATR %4.2%
52w lowhigh58.7% off high

What Chongqing Wangbian Electric (Group) does

Employees: 2,253

Chongqing Wangbian Electric (Group) at a glance

Size Chongqing Wangbian Electric (Group) (603191.SS) is a China Industrials company (Electrical Products) with a market value of $594M, the 3447th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.43 on 6 Nov 2026.

Performance Over six months the shares fell 41.7%, against -29.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 5.4% over the last twelve months (peer median +7.9%); the operating margin is -1.3% (peer median 1.8%).

Valuation It trades at 22.0× forward earnings against a peer median of 22.8× (6th cheapest of 11).

Capital Return on invested capital runs 4.7 points below its cost of capital (6.5% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 65603191.SS 56
Six months, rebased to 100: Chongqing Wangbian Electric (Group) against the median of its 20 peers (local-currency closes).

Chongqing Wangbian Electric (Group) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.91BCN¥3.91BCN¥3.35BCN¥2.72BCN¥2.52B
Revenue growth—+17%+23%+8%—
Gross profitCN¥465MCN¥408MCN¥339MCN¥452MCN¥505M
EBITDAn/aCN¥314MCN¥237MCN¥339MCN¥370M
Net income-CN¥33.2MCN¥69.2MCN¥65.2MCN¥235MCN¥298M
Free cash flow-CN¥117MCN¥68.0M-CN¥227M-CN¥271M-CN¥142M
Capital expenditureCN¥153MCN¥163MCN¥248MCN¥563MCN¥347M
Total debtCN¥3.40BCN¥3.58BCN¥2.77BCN¥1.67BCN¥579M

Quarterly statements and history in the cockpit →

Chongqing Wangbian Electric (Group) 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

-60%-40%-20%0%-20%0%301012NNE301202NRGVXPP301387603988ENVX6884483004470025606003793617603016002112CNTL300491LGBBROSLTDPOWERICA603097603191.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Chongqing Wangbian Electric (Group) is the large dot.

Fundamentals: revenue growth against valuation

-100%-50%0%20×40×60×XPP3013876884480025606003793617CNTL300491LGBBROSLTD603097603191.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Chongqing Wangbian Electric (Group) is the large dot.

Chongqing Wangbian Electric (Group) competitors and peer comparison

How Chongqing Wangbian Electric (Group) 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.

Chongqing Wangbian Electric (Group) against its 20 peers (data as of 6 Nov 2026)
Measure603191.SSPeer medianRank in peer set
1-month return-13.0%-12.3%8th lowest of 21
6-month return-41.7%-29.3%7th lowest of 21
Distance from 52-week high-58.7%-49.5%4th lowest of 21
Revenue growth (TTM)+5.4%+7.9%8th lowest of 20
Operating margin-1.3%1.8%5th lowest of 20
Forward P/E22.0×22.8×6th cheapest of 11
ROIC minus cost of capital-4.7 pp-6.4 pp8th highest of 20

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
Chongqing Wangbian Electric (Group) 603191.SSChina$594M-42%+5%-1%22.0×n/an/a
Jiangsu Yangdian Science & Technology 301012.SZChina$596M-43%0%5%n/a14.5%+23.9%
Nano Nuclear Energy NNEUnited States$597M-60%n/a-24,545%n/an/an/a
Suzhou Longway Electronic Machinery 301202.SZChina$589M-25%+27%6%n/an/an/a
Energy Vault NRGVUnited States$589M-28%+337%-33%n/an/an/a
XP Power XPP.LUnited Kingdom$589M-17%-1%2%21.2×50.9%-0.3%
Shenzhen Bromake New Material 301387.SZChina$602M-45%+25%-1%16.9×n/an/a
SEC Electric Machinery 603988.SSChina$585M-33%-15%0%n/an/an/a
Enovix ENVXUnited States$606M-58%+35%-497%n/an/an/a
Nanjing CIGU Technology 688448.SSChina$581M-15%-18%-7%73.7×n/an/a
Nanjing Quanxin Cable Technology 300447.SZChina$581M-35%+8%4%n/a29.2%+3.3%
Henan Tong-Da Cable 002560.SZChina$607M-47%+16%2%20.5×16.2%+32.9%
Shaanxi Baoguang Vacuum Electronic Apparatus 600379.SSChina$580M-30%+7%5%43.4×37.9%+7.0%
CyberPower Systems 3617.TWTaiwan$610M+11%0%19%10.2×-10.8%+5.4%
Wuxi New Hongtai Electrical Technology 603016.SSChina$614M-50%-4%10%n/a36.8%+6.7%
Sanbian Sci-Tech 002112.SZChina$617M-37%+7%1%n/a59.0%+13.2%
Centiel CNTL.SWSwitzerland$570M+45%-100%n/a55.8×n/an/a
Shijiazhuang Tonhe Electronics Technologies 300491.SZChina$566M-18%+33%1%30.8×n/an/a
L.G. Balakrishnan & Bros LGBBROSLTD.NSIndia$562M-4%+21%11%16.3×n/an/a
Powerica POWERICA.NSIndia$628M-5%+14%8%n/an/an/a
Jiangsu Huachen Transformer 603097.SSChina$629M-4%+13%2%24.3×27.8%+27.0%

Questions

Which companies are Chongqing Wangbian Electric (Group)'s closest peers?
The cockpit's peer set: Jiangsu Yangdian Science & Technology (301012.SZ), Nano Nuclear Energy (NNE), Suzhou Longway Electronic Machinery (301202.SZ), Energy Vault (NRGV), XP Power (XPP.L), Shenzhen Bromake New Material (301387.SZ), SEC Electric Machinery (603988.SS), Enovix (ENVX).
Is Chongqing Wangbian Electric (Group) expensive compared with its peers?
On forward p/e it trades at 22.0× against a peer median of 22.8×, 6th cheapest of 11 in its peer set.
How has Chongqing Wangbian Electric (Group) stock performed?
Over six months to 6 Nov 2026 the shares returned -41.7% against -29.3% for the median peer; over one year -23.7%.

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.