Employees: 7,586
Size Runner (Xiamen) (603408.SS) is a China Industrials company (Industrial Machinery) with a market value of $809M, the 2729th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.05 on 6 Nov 2026.
Performance Over six months the shares gained 1.9%, against -22.5% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 14.2% over the last twelve months (peer median +4.5%); the operating margin is 8.9% (peer median 9.6%).
Valuation It trades at 11.6× forward earnings against a peer median of 13.4× (5th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -12 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.4 points above its cost of capital (6.1% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.65B | CN¥5.09B | CN¥4.98B | CN¥4.31B | CN¥4.16B |
| Revenue growth | — | +2% | +15% | +4% | — |
| Gross profit | CN¥1.54B | CN¥1.23B | CN¥1.21B | CN¥1.05B | CN¥954M |
| EBITDA | n/a | CN¥671M | CN¥711M | CN¥626M | CN¥431M |
| Net income | CN¥416M | CN¥441M | CN¥482M | CN¥425M | CN¥458M |
| Free cash flow | CN¥230M | -CN¥105M | CN¥454M | CN¥337M | CN¥446M |
| Capital expenditure | CN¥388M | CN¥454M | CN¥317M | CN¥308M | CN¥371M |
| Total debt | CN¥1.07B | CN¥1.04B | CN¥574M | CN¥541M | CN¥562M |
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 | 603408.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.5% | -13.2% | 4th highest of 21 |
| 6-month return | +1.9% | -22.5% | 4th highest of 21 |
| Distance from 52-week high | -21.6% | -47.0% | 3rd highest of 21 |
| Revenue growth (TTM) | +14.2% | +4.5% | 4th highest of 21 |
| Operating margin | 8.9% | 9.6% | 10th lowest of 21 |
| Forward P/E | 11.6× | 13.4× | 5th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | -6.4% | 17.7% | 3rd least demanding of 17 |
| Growth delivered (Del g) | +5.9% | +6.3% | 9th highest of 17 |
| Hurdle (Req g minus delivered) | -12.3 pp | +6.2 pp | 4th least demanding of 17 |
| ROIC minus cost of capital | +8.4 pp | -1.1 pp | 5th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Runner (Xiamen) 603408.SS | China | $809M | +2% | +14% | 9% | 11.6× | -6.4% | +5.9% |
| Guangdong Senssun Weighing Apparatus 002870.SZ | China | $807M | -5% | -12% | 2% | n/a | 0.7% | +44.0% |
| Shenzhen JT Automation Equipment 300400.SZ | China | $811M | -9% | +8% | 9% | n/a | 34.4% | -2.4% |
| Hangzhou Zhongtai Cryogenic Technology 300435.SZ | China | $806M | -43% | -22% | 13% | 9.4× | 10.7% | +6.8% |
| CGN Nuclear Technology Development 000881.SZ | China | $816M | -21% | -7% | -8% | n/a | n/a | n/a |
| SHANGHAI HUGONG ELECTRIC 603131.SS | China | $816M | -28% | +4% | -2% | n/a | n/a | n/a |
| Horng Terng Automation 7751.TWO | Taiwan | $817M | -62% | +150% | 35% | 20.8× | 23.2% | +13.5% |
| Eternal Precision Mechanics 7795.TW | Taiwan | $819M | -9% | -12% | 18% | 34.0× | n/a | n/a |
| BHI 083650.KS | South Korea | $798M | -64% | +90% | 12% | 11.9× | -9.1% | +26.0% |
| JC Finance & Tax Interconnect 002530.SZ | China | $797M | -24% | +12% | 10% | n/a | n/a | n/a |
| Hangzhou Fortune Gas Cryogenic 603173.SS | China | $796M | -14% | +4% | 15% | 9.9× | -8.2% | +22.6% |
| Shenzhen Riland Industry 300154.SZ | China | $831M | +41% | -2% | 5% | n/a | 44.6% | +10.0% |
| Bingshan Refrigeration & Heat Transfer Technologies 000530.SZ | China | $833M | +47% | -8% | 0% | 79.1× | 20.4% | +20.5% |
| Zenner Metering Technology (Shanghai) 301303.SZ | China | $785M | -17% | +9% | 10% | n/a | 15.0% | +15.8% |
| Guizhou Zhongyida 600610.SS | China | $783M | -27% | +5% | 12% | n/a | 23.8% | -0.6% |
| QuakeSafe Technologies 300767.SZ | China | $783M | -28% | -3% | -27% | n/a | 27.5% | -1.7% |
| SDI 2351.TW | Taiwan | $782M | -16% | +7% | 8% | 14.8× | 24.9% | +3.9% |
| Shibuya 6340.T | Japan | $839M | +40% | +5% | 10% | 11.3× | -0.2% | +5.5% |
| Create Technology & Science 000551.SZ | China | $842M | -29% | +15% | 11% | 15.2× | -0.5% | +5.7% |
| Tiangong International 0826.HK | Hong Kong | $843M | -28% | +8% | 11% | 8.8× | 5.7% | -2.7% |
| Saurer Intelligent Technology 600545.SS | China | $776M | -37% | -7% | -21% | n/a | 22.3% | -6.0% |