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← CockpitCompetitor Analysis › 603408.SS Runner (Xiamen) Corp. Class AOpen in the cockpit ↗

Runner (Xiamen) Corp. Class A603408.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Momentum leader 92
Mkt cap
$809M
US dollars, full cap
Free float
26%
of shares outstanding
$/day
$6.17M
20-day average traded
Fwd P/E
11.6×
forward earnings
ROIC−WACC
+8.4 pp
WACC 6.1%
Hurdle
-12 pp
Req g minus delivered
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥12.05
1D+0.5%
1W+5.9%
1M+5.5%
3M+13.6%
6M+1.9%
YTD-11.0%
1Y+3.3%
ATR %3.9%
52w lowhigh21.6% off high

What Runner (Xiamen) does

Employees: 7,586

Runner (Xiamen) at a glance

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).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026603408.SS 102Peer median 77
Six months, rebased to 100: Runner (Xiamen) against the median of its 20 peers (local-currency closes).

Runner (Xiamen) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.65BCN¥5.09BCN¥4.98BCN¥4.31BCN¥4.16B
Revenue growth—+2%+15%+4%—
Gross profitCN¥1.54BCN¥1.23BCN¥1.21BCN¥1.05BCN¥954M
EBITDAn/aCN¥671MCN¥711MCN¥626MCN¥431M
Net incomeCN¥416MCN¥441MCN¥482MCN¥425MCN¥458M
Free cash flowCN¥230M-CN¥105MCN¥454MCN¥337MCN¥446M
Capital expenditureCN¥388MCN¥454MCN¥317MCN¥308MCN¥371M
Total debtCN¥1.07BCN¥1.04BCN¥574MCN¥541MCN¥562M

Quarterly statements and history in the cockpit →

Runner (Xiamen) 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

-50%-25%0%+25%-40%-20%0%+20%00287030040030043500088160313177517795083650002530603173300154000530301303600610300767235163400826600545603408.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Runner (Xiamen) is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%25×50×75×3004357751779508365060317300053023516340603408.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Runner (Xiamen) is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%0028703004003004357751083650603173300154000530301303600610300767235163400005510826600545603408.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. Runner (Xiamen) is the large dot.

Runner (Xiamen) competitors and peer comparison

How Runner (Xiamen) 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.

Runner (Xiamen) against its 20 peers (data as of 6 Nov 2026)
Measure603408.SSPeer medianRank 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 margin8.9%9.6%10th lowest of 21
Forward P/E11.6×13.4×5th 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 pp4th least demanding of 17
ROIC minus cost of capital+8.4 pp-1.1 pp5th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Runner (Xiamen) 603408.SSChina$809M+2%+14%9%11.6×-6.4%+5.9%
Guangdong Senssun Weighing Apparatus 002870.SZChina$807M-5%-12%2%n/a0.7%+44.0%
Shenzhen JT Automation Equipment 300400.SZChina$811M-9%+8%9%n/a34.4%-2.4%
Hangzhou Zhongtai Cryogenic Technology 300435.SZChina$806M-43%-22%13%9.4×10.7%+6.8%
CGN Nuclear Technology Development 000881.SZChina$816M-21%-7%-8%n/an/an/a
SHANGHAI HUGONG ELECTRIC 603131.SSChina$816M-28%+4%-2%n/an/an/a
Horng Terng Automation 7751.TWOTaiwan$817M-62%+150%35%20.8×23.2%+13.5%
Eternal Precision Mechanics 7795.TWTaiwan$819M-9%-12%18%34.0×n/an/a
BHI 083650.KSSouth Korea$798M-64%+90%12%11.9×-9.1%+26.0%
JC Finance & Tax Interconnect 002530.SZChina$797M-24%+12%10%n/an/an/a
Hangzhou Fortune Gas Cryogenic 603173.SSChina$796M-14%+4%15%9.9×-8.2%+22.6%
Shenzhen Riland Industry 300154.SZChina$831M+41%-2%5%n/a44.6%+10.0%
Bingshan Refrigeration & Heat Transfer Technologies 000530.SZChina$833M+47%-8%0%79.1×20.4%+20.5%
Zenner Metering Technology (Shanghai) 301303.SZChina$785M-17%+9%10%n/a15.0%+15.8%
Guizhou Zhongyida 600610.SSChina$783M-27%+5%12%n/a23.8%-0.6%
QuakeSafe Technologies 300767.SZChina$783M-28%-3%-27%n/a27.5%-1.7%
SDI 2351.TWTaiwan$782M-16%+7%8%14.8×24.9%+3.9%
Shibuya 6340.TJapan$839M+40%+5%10%11.3×-0.2%+5.5%
Create Technology & Science 000551.SZChina$842M-29%+15%11%15.2×-0.5%+5.7%
Tiangong International 0826.HKHong Kong$843M-28%+8%11%8.8×5.7%-2.7%
Saurer Intelligent Technology 600545.SSChina$776M-37%-7%-21%n/a22.3%-6.0%

Questions

Which companies are Runner (Xiamen)'s closest peers?
The cockpit's peer set: Guangdong Senssun Weighing Apparatus (002870.SZ), Shenzhen JT Automation Equipment (300400.SZ), Hangzhou Zhongtai Cryogenic Technology (300435.SZ), CGN Nuclear Technology Development (000881.SZ), SHANGHAI HUGONG ELECTRIC (603131.SS), Horng Terng Automation (7751.TWO), Eternal Precision Mechanics (7795.TW), BHI (083650.KS).
Is Runner (Xiamen) expensive compared with its peers?
On forward p/e it trades at 11.6× against a peer median of 13.4×, 5th cheapest of 11 in its peer set. 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.
How has Runner (Xiamen) stock performed?
Over six months to 6 Nov 2026 the shares returned +1.9% against -22.5% for the median peer; over one year +3.3%.

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.