Employees: 6,617
Size Wencan (603348.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $670M, the 3164th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.58 on 6 Nov 2026.
Performance Over six months the shares fell 21.7%, against -21.7% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 3.0% over the last twelve months (peer median +4.1%); the operating margin is -6.6% (peer median 5.1%).
Valuation It trades at 58.3× forward earnings against a peer median of 18.6× (2nd most expensive of 13).
Capital Return on invested capital runs 4.6 points below its cost of capital (6.1% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.03B | CN¥5.90B | CN¥6.21B | CN¥5.07B | CN¥5.22B |
| Revenue growth | — | -5% | +23% | -3% | — |
| Gross profit | CN¥951M | CN¥598M | CN¥731M | CN¥709M | CN¥940M |
| EBITDA | n/a | CN¥757M | CN¥810M | CN¥618M | CN¥762M |
| Net income | -CN¥635M | -CN¥348M | CN¥115M | CN¥50.4M | CN¥238M |
| Free cash flow | -CN¥359M | -CN¥208M | -CN¥343M | -CN¥126M | -CN¥378M |
| Capital expenditure | CN¥631M | CN¥776M | CN¥722M | CN¥905M | CN¥958M |
| Total debt | CN¥2.90B | CN¥2.64B | CN¥2.22B | CN¥2.56B | CN¥2.25B |
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 | 603348.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.2% | -4.5% | 4th highest of 21 |
| 6-month return | -21.7% | -21.7% | 11th highest of 21 |
| Distance from 52-week high | -35.1% | -33.8% | 10th lowest of 21 |
| Revenue growth (TTM) | +3.0% | +4.1% | 11th highest of 21 |
| Operating margin | -6.6% | 5.1% | lowest of 21 |
| Forward P/E | 58.3× | 18.6× | 2nd most expensive of 13 |
| ROIC minus cost of capital | -4.6 pp | -1.1 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wencan 603348.SS | China | $670M | -22% | +3% | -7% | 58.3× | n/a | n/a |
| Jiangsu Olive Sensors High-Tech 300507.SZ | China | $671M | -32% | -17% | 5% | n/a | 17.1% | +23.1% |
| Sichuan Chuanhuan Technology 300547.SZ | China | $661M | -48% | -2% | 13% | 16.2× | 14.9% | +17.3% |
| Zhejiang Dehong Automotive Electronic & Electrical 603701.SS | China | $694M | -29% | +35% | 2% | 110.6× | n/a | n/a |
| Fengjing New Energy Technology 002662.SZ | China | $646M | -27% | -11% | 4% | n/a | 2.6% | -5.0% |
| Xuchang Yuandong Drive Shaft 002406.SZ | China | $699M | -24% | +31% | 13% | 20.9× | 2.1% | -6.3% |
| S.J.S. Enterprises SJS.NS | India | $699M | +3% | +26% | 24% | 30.4× | 20.2% | +30.6% |
| Depo Auto Parts Industrial 6605.TW | Taiwan | $642M | -1% | -6% | 15% | 7.5× | -12.3% | +6.4% |
| Suprajit Engineering SUPRAJIT.NS | India | $701M | +11% | +18% | 7% | 23.8× | n/a | n/a |
| Landai Technology 002765.SZ | China | $637M | -31% | -2% | -1% | 50.1× | n/a | n/a |
| Burelle BUR.PA | France | $635M | -23% | -3% | 2% | n/a | -4.4% | +7.6% |
| Changhua 605018.SS | China | $710M | -21% | -7% | -1% | 25.8× | n/a | n/a |
| Zhejiang Zomax Transmission 603767.SS | China | $711M | -20% | +3% | 1% | n/a | 23.6% | -2.7% |
| Bando Chemical Industries 5195.T | Japan | $632M | +17% | +6% | 9% | 11.4× | -0.1% | +7.9% |
| Zhongjie (Jiangsu) Technology 301072.SZ | China | $630M | +63% | +11% | -6% | n/a | n/a | n/a |
| Npr-riken 6209.T | Japan | $630M | -5% | -3% | 7% | n/a | 2.1% | -3.1% |
| Mitsuboshi Belting 5192.T | Japan | $716M | +4% | +5% | 10% | 10.8× | -1.1% | +7.3% |
| Changzhou Tenglong Auto Parts 603158.SS | China | $719M | -22% | +9% | 4% | 15.4× | 25.1% | +18.7% |
| Zhejiang VIE Science & Technology 002590.SZ | China | $723M | -22% | +8% | 4% | n/a | 9.1% | +14.5% |
| TPR 6463.T | Japan | $620M | +23% | +1% | 6% | 9.6× | -0.4% | +4.6% |
| Shentong Technology 605228.SS | China | $726M | -28% | +7% | 11% | n/a | 7.1% | +4.9% |