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← CockpitCompetitor Analysis › 603366.SS Solareast Holdings Co., Ltd. Class AOpen in the cockpit ↗

Solareast Holdings Co., Ltd. Class A603366.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Building Products
Momentum leader 97
Mkt cap
$1.07B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$64.7M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.6 pp
WACC 7.6%
Hurdle
+37 pp
Req g minus delivered
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥8.99
1D+10.0%
1W+14.2%
1M+23.1%
3M+29.9%
6M+7.5%
YTD-6.5%
1Y-2.8%
ATR %6.0%
52w lowhigh32.9% off high

What Solareast does

Employees: 4,454

Solareast at a glance

Size Solareast (603366.SS) is a China Industrials company (Building Products) with a market value of $1.07B, the 2180th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.99 on 6 Nov 2026.

Performance Over six months the shares gained 7.5%, against -20.1% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue fell 0.3% over the last twelve months (peer median +1.9%); the operating margin is -1.8% (peer median 7.5%).

Valuation It trades at 1.6× enterprise value to sales against a peer median of 1.7× (11th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 40% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +37 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 6.6 points below its cost of capital (7.6% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026603366.SS 105Peer median 80
Six months, rebased to 100: Solareast against the median of its 20 peers (local-currency closes).

Solareast financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.58BCN¥4.07BCN¥5.06BCN¥4.80BCN¥3.87B
Revenue growth—-20%+5%+24%—
Gross profitCN¥1.28BCN¥1.02BCN¥1.12BCN¥1.31BCN¥1.07B
EBITDAn/aCN¥69.9MCN¥103MCN¥228MCN¥198M
Net incomeCN¥223MCN¥175MCN¥212MCN¥209MCN¥259M
Free cash flowCN¥223MCN¥79.9M-CN¥850MCN¥447M-CN¥50.0M
Capital expenditureCN¥41.7MCN¥328MCN¥920MCN¥190MCN¥157M
Total debtCN¥1.35BCN¥1.12BCN¥736MCN¥500MCN¥329M

Quarterly statements and history in the cockpit →

Solareast 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

-40%-20%0%+20%-20%0%+20%003043ZEHNAPOG600894NX3002177981603269PLPC001322437730603098603992688408002135JHD603111300249NPKI603366.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Solareast is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2×4×6×003043ZEHNAPOG600894300217603269PLPC001322437730603098603992688408002135JHDCENTURYPLY300249NPKI603366.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Solareast is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%003043ZEHNAPOG600894NX3002177981PLPC001322603992002135JHDNPKI603366.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Solareast is the large dot.

Solareast competitors and peer comparison

How Solareast 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.

Solareast against its 20 peers (data as of 6 Nov 2026)
Measure603366.SSPeer medianRank in peer set
1-month return+23.1%-3.0%highest of 21
6-month return+7.5%-20.1%4th highest of 21
Distance from 52-week high-32.9%-40.4%9th highest of 21
Revenue growth (TTM)-0.3%+1.9%9th lowest of 21
Operating margin-1.8%7.5%3rd lowest of 21
EV / Sales1.6×1.7×11th cheapest of 21
Growth the price implies (Req g, 7 yrs)39.8%6.6%most demanding of 15
Growth delivered (Del g)+2.9%+3.7%8th highest of 15
Hurdle (Req g minus delivered)+36.9 pp+1.8 ppmost demanding of 15
ROIC minus cost of capital-6.6 pp-2.9 pp5th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Solareast 603366.SSChina$1.07B+8%0%-2%1.6×39.8%+2.9%
Suzhou Huaya Intelligence Technology 003043.SZChina$990M-20%+2%11%6.4×27.6%+22.3%
Zehnder ZEHN.SWSwitzerland$983M+10%+2%8%1.1×2.5%+1.5%
Apogee Enterprises APOGUnited States$956M+25%+3%9%0.9×-0.3%+2.7%
Guangzhou Guangri Stock 600894.SSChina$956M-20%+2%0%0.6×7.2%+1.4%
Quanex Building Products NXUnited States$949M+2%+1%6%0.9×6.0%+16.6%
Zhenjiang Dongfang Electric Heating Technology 300217.SZChina$944M-17%-23%0%1.9×22.5%+6.5%
Takara standard 7981.TJapan$1.20B+2%+2%7%0.5×-5.5%+5.7%
Jiangsu Seagull Cooling Tower 603269.SSChina$943M+40%+8%11%3.5×n/an/a
Preformed Line Products PLPCUnited States$1.28B-24%+16%10%1.6×10.2%+7.5%
Arrow Home 001322.SZChina$887M-14%-12%-2%1.2×15.8%-0.1%
Samhyun 437730.KSSouth Korea$860M-31%-18%-17%13.7×n/an/a
Center International 603098.SSChina$847M-26%-30%4%2.6×n/an/a
Xiamen Solex High-Tech Industries 603992.SSChina$1.38B-35%+18%8%2.5×13.5%+5.2%
Arctech Solar 688408.SSChina$820M-38%-19%-1%1.1×n/an/a
Zhejiang Southeast Space Frame 002135.SZChina$764M-46%-4%2%0.9×-12.0%+0.3%
James Halstead JHD.LUnited Kingdom$762M+4%-1%18%1.9×-4.7%-0.5%
Century Plyboards (India) CENTURYPLY.NSIndia$1.50B-20%+26%10%2.6×n/an/a
Nanjing Kangni Mechanical & Electrical 603111.SSChina$749M-16%-1%8%0.9×-7.1%+4.8%
Yimikang Tech 300249.SZChina$739M-38%+29%2%2.8×n/an/a
NPK International NPKIUnited States$725M-42%+19%18%2.5×15.5%-10.9%

Questions

Which companies are Solareast's closest peers?
The cockpit's peer set: Suzhou Huaya Intelligence Technology (003043.SZ), Zehnder (ZEHN.SW), Apogee Enterprises (APOG), Guangzhou Guangri Stock (600894.SS), Quanex Building Products (NX), Zhenjiang Dongfang Electric Heating Technology (300217.SZ), Takara standard (7981.T), Jiangsu Seagull Cooling Tower (603269.SS).
Is Solareast expensive compared with its peers?
On ev / sales it trades at 1.6× against a peer median of 1.7×, 11th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 40% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +37 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.
How has Solareast stock performed?
Over six months to 6 Nov 2026 the shares returned +7.5% against -20.1% for the median peer; over one year -2.8%.

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.