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← CockpitCompetitor Analysis › 603376.SS Daming Electronics Co. Ltd. Class AOpen in the cockpit ↗

Daming Electronics Co. Ltd. Class A603376.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Chinese maker of electrical/electronic components serving industrial and consumer equipment manufacturers.

Momentum weak 36
Mkt cap
$2.71B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$7.52M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+5.4 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥23.49
1D-4.5%
1W-0.1%
1M-12.5%
3M-10.0%
6M-22.4%
YTD-36.4%
1Yn/a
ATR %5.1%
52w lowhigh69.0% off high

What Daming Electronics does

Chinese maker of electrical/electronic components serving industrial and consumer equipment manufacturers.

Products and services

  • Electrical/electronic components

Where it sits in the supply chain

  • Electronics
  • Electrical/electronic components
  • Industrial & consumer equipment

What could go wrong

  • Customer concentration
  • Price competition

Moat: none. Component supplier in a competitive segment with limited disclosed differentiation.

Headquarters: China · Employees: 4,942

Daming Electronics at a glance

Size Daming Electronics (603376.SS) is a China Industrials company (Electrical Products) with a market value of $2.71B, the 950th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥23.49 on 6 Nov 2026.

Performance Over six months the shares fell 22.4%, against -34.1% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 109.8% over the last twelve months (peer median +15.4%); the operating margin is 9.3% (peer median 10.2%).

Valuation It trades at 5.9× enterprise value to sales against a peer median of 2.7× (6th most expensive of 21).

Capital Return on invested capital runs 5.4 points above its cost of capital (5.0% WACC).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026603376.SS 77Peer median 66
Six months, rebased to 100: Daming Electronics against the median of its 20 peers (local-currency closes).

Daming Electronics financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2021FY2020FY2019
Revenuen/aCN¥3.10BCN¥1.48BCN¥1.13BCN¥863M
Revenue growth—+110%+30%+31%—
Gross profitn/aCN¥509MCN¥355MCN¥274MCN¥241M
EBITDAn/aCN¥458MCN¥216MCN¥190MCN¥110M
Net incomen/aCN¥248MCN¥99.4MCN¥96.1MCN¥37.0M
Free cash flown/a-CN¥15.8M-CN¥75.6MCN¥31.9MCN¥15.9M
Capital expendituren/aCN¥398MCN¥248MCN¥72.8MCN¥84.4M
Total debtCN¥476MCN¥581MCN¥386MCN¥284MCN¥206M

Quarterly statements and history in the cockpit →

Daming Electronics 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%-40%-20%0%+20%SCHNEIDER0022493006996674002498002270130460055068881906204000130130056860161565921729688772600330HBLENGINE603376.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Daming Electronics is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%2.5×5×7.5×SCHNEIDER002249300699667400249800227013046005506884006888190620400013013005681729688772600330HBLENGINE603376.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Daming Electronics is the large dot.

Daming Electronics competitors and peer comparison

How Daming Electronics 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.

Daming Electronics against its 20 peers (data as of 6 Nov 2026)
Measure603376.SSPeer medianRank in peer set
1-month return-12.5%-7.5%8th lowest of 21
6-month return-22.4%-34.1%9th highest of 21
Distance from 52-week high-69.0%-48.4%lowest of 21
Revenue growth (TTM)+109.8%+15.4%highest of 21
Operating margin9.3%10.2%10th lowest of 21
EV / Sales5.9×2.7×6th most expensive of 21
ROIC minus cost of capital+5.4 pp-1.4 pp7th highest of 21
EV / EBITDA40.2×14.4×2nd most expensive of 6
Net debt / EBITDA0.7×-0.2×2nd most indebted of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Daming Electronics 603376.SSChina$2.71B-22%+110%9%5.9×n/an/a
Schneider Electric Infrastructure SCHNEIDER.NSIndia$2.69B-21%+10%10%8.7×56.2%+17.4%
Zhongshan Broad-Ocean Motor 002249.SZChina$2.73B-21%+1%6%1.6×7.7%+9.5%
Weihai Guangwei Composites 300699.SZChina$2.68B-35%+12%16%6.9×13.8%+6.2%
GS Yuasa 6674.TJapan$2.67B-33%+6%10%0.9×n/an/a
Qingdao Hanhe Cable 002498.SZChina$2.74B-37%+21%3%1.6×n/an/a
Huaming Power Equipment 002270.SZChina$2.66B-19%+7%32%6.7×5.9%+12.3%
Fortior Technology (Shenzhen) 1304.HKHong Kong$2.76B-15%+54%25%16.4×n/an/a
Baoding Tianwei Baobian Electric 600550.SSChina$2.65B-36%+13%4%2.9×45.5%+7.1%
Luster LightTech 688400.SSChina$2.63B-37%+10%0%5.5×56.8%+10.7%
Tianneng Battery 688819.SSChina$2.79B-37%+2%0%0.4×-7.9%+5.4%
Sanil Electric 062040.KSSouth Korea$2.62B-56%+29%36%5.9×15.1%+50.8%
Shijiazhuang Shangtai Technology 001301.SZChina$2.80B-16%+34%13%2.6×n/an/a
Shenzhen Senior Technology Material 300568.SZChina$2.80B-23%+45%10%5.3×n/an/a
Ming Yang Smart Energy 601615.SSChina$2.80B-47%+8%-4%1.5×n/an/a
Mabuchi Motor 6592.TJapan$2.84B+18%+12%12%1.6×5.8%+11.5%
Time Interconnect Technology 1729.HKHong Kong$2.84B-57%+84%7%1.2×n/an/a
Zhuhai CosMX Battery 688772.SSChina$2.88B+2%+18%-2%2.0×n/an/a
TDG 600330.SSChina$2.96B-43%+21%-19%5.5×n/an/a
HBL Engineering HBLENGINE.NSIndia$2.46B-1%+63%31%7.0×22.6%+29.4%
Shenzhen Woer Heat-Shrinkable Material 002130.SZChina$2.98B-37%+20%15%2.0×1.8%+15.6%

Questions

Which companies are Daming Electronics's closest peers?
The cockpit's peer set: Schneider Electric Infrastructure (SCHNEIDER.NS), Zhongshan Broad-Ocean Motor (002249.SZ), Weihai Guangwei Composites (300699.SZ), GS Yuasa (6674.T), Qingdao Hanhe Cable (002498.SZ), Huaming Power Equipment (002270.SZ), Fortior Technology (Shenzhen) (1304.HK), Baoding Tianwei Baobian Electric (600550.SS).
Is Daming Electronics expensive compared with its peers?
On ev / sales it trades at 5.9× against a peer median of 2.7×, 6th most expensive of 21 in its peer set.
How has Daming Electronics stock performed?
Over six months to 6 Nov 2026 the shares returned -22.4% against -34.1% for the median peer.

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.