Loading…
Chinese maker of industrial cooling towers used in power plants and heavy-industry heat-rejection systems (name-derived; specifics not fully confirmed).
Chinese maker of industrial cooling towers used in power plants and heavy-industry heat-rejection systems (name-derived; specifics not fully confirmed).
Moat: none
Headquarters: Jiangsu, China · Employees: 1,083
Size Jiangsu Seagull Cooling Tower (603269.SS) is a China Industrials company (Building Products) with a market value of $943M, the 2419th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.97 on 6 Nov 2026.
Performance Over six months the shares gained 40.5%, against -16.6% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 8.4% over the last twelve months (peer median +0.5%); the operating margin is 11.0% (peer median 3.4%).
Valuation It trades at 38.4× forward earnings against a peer median of 22.2× (5th most expensive of 15).
Capital Return on invested capital runs 1.1 points above its cost of capital (10.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.87B | CN¥1.84B | CN¥1.59B | CN¥1.37B | CN¥1.35B |
| Revenue growth | — | +16% | +15% | +2% | — |
| Gross profit | CN¥598M | CN¥542M | CN¥446M | CN¥372M | CN¥343M |
| EBITDA | CN¥249M | CN¥231M | CN¥186M | CN¥109M | CN¥120M |
| Net income | CN¥120M | CN¥116M | CN¥95.9M | CN¥84.8M | CN¥73.8M |
| Free cash flow | -CN¥49.7M | CN¥154M | CN¥153M | CN¥187M | -CN¥48.8M |
| Capital expenditure | CN¥28.5M | CN¥30.8M | CN¥30.9M | CN¥12.4M | CN¥17.9M |
| Total debt | CN¥1.00B | CN¥914M | CN¥635M | CN¥686M | CN¥524M |
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 | 603269.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -38.4% | -1.3% | lowest of 21 |
| 6-month return | +40.5% | -16.6% | highest of 21 |
| Distance from 52-week high | -48.5% | -33.5% | 5th lowest of 21 |
| Revenue growth (TTM) | +8.4% | +0.5% | 4th highest of 21 |
| Operating margin | 11.0% | 3.4% | 3rd highest of 21 |
| Forward P/E | 38.4× | 22.2× | 5th most expensive of 15 |
| ROIC minus cost of capital | +1.1 pp | -3.1 pp | 8th highest of 21 |
| EV / EBITDA | 26.5× | 8.7× | most expensive of 8 |
| Net debt / EBITDA | 1.0× | -0.1× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Seagull Cooling Tower 603269.SS | China | $943M | +40% | +8% | 11% | 38.4× | n/a | n/a |
| Zhenjiang Dongfang Electric Heating Technology 300217.SZ | China | $944M | -17% | -23% | 0% | 26.6× | 22.5% | +6.5% |
| Quanex Building Products NX | United States | $949M | +2% | +1% | 6% | 10.7× | 6.0% | +16.6% |
| Guangzhou Guangri Stock 600894.SS | China | $956M | -20% | +2% | 0% | 9.6× | 7.2% | +1.4% |
| Apogee Enterprises APOG | United States | $956M | +25% | +3% | 9% | 13.6× | -0.3% | +2.7% |
| Zehnder ZEHN.SW | Switzerland | $983M | +10% | +2% | 8% | 17.5× | 2.5% | +1.5% |
| Suzhou Huaya Intelligence Technology 003043.SZ | China | $990M | -20% | +2% | 11% | 78.3× | 27.6% | +22.3% |
| Arrow Home 001322.SZ | China | $887M | -14% | -12% | -2% | 280.0× | 15.8% | -0.1% |
| Samhyun 437730.KS | South Korea | $860M | -31% | -18% | -17% | n/a | n/a | n/a |
| Center International 603098.SS | China | $847M | -26% | -30% | 4% | n/a | n/a | n/a |
| Solareast 603366.SS | China | $1.07B | +8% | 0% | -2% | n/a | 39.8% | +2.9% |
| Arctech Solar 688408.SS | China | $820M | -38% | -19% | -1% | 34.8× | n/a | n/a |
| Zhejiang Southeast Space Frame 002135.SZ | China | $764M | -46% | -4% | 2% | 25.7× | -12.0% | +0.3% |
| James Halstead JHD.L | United Kingdom | $762M | +4% | -1% | 18% | 15.1× | -4.7% | -0.5% |
| Nanjing Kangni Mechanical & Electrical 603111.SS | China | $749M | -16% | -1% | 8% | n/a | -7.1% | +4.8% |
| Takara standard 7981.T | Japan | $1.20B | +2% | +2% | 7% | n/a | -5.5% | +5.7% |
| Yimikang Tech 300249.SZ | China | $739M | -38% | +29% | 2% | 77.5× | n/a | n/a |
| NPK International NPKI | United States | $725M | -42% | +19% | 18% | 16.4× | 15.5% | -10.9% |
| Preformed Line Products PLPC | United States | $1.28B | -24% | +16% | 10% | 18.8× | 10.2% | +7.5% |
| ERA 002641.SZ | China | $690M | -11% | -2% | 0% | 42.0× | -1.8% | -2.5% |
| IFE Elevators 002774.SZ | China | $677M | +10% | +3% | 2% | n/a | 30.1% | +9.3% |