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← CockpitCompetitor Analysis › 603416.SS Wuxi Xinje Electric Co. Ltd. Class AOpen in the cockpit ↗

Wuxi Xinje Electric Co. Ltd. Class A603416.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Equipment/Instruments

Chinese maker of industrial-automation products including PLCs, HMIs and servo drives under the Xinje brand.

≈ A smaller, China-based Mitsubishi Electric/Siemens for factory automationMomentum weak 33
Mkt cap
$984M
US dollars, full cap
Free float
67%
of shares outstanding
$/day
$16.5M
20-day average traded
Fwd P/E
21.1×
forward earnings
ROIC−WACC
-0.8 pp
WACC 9.6%
Hurdle
+8 pp
Req g minus delivered
Next earnings
164 days
19 Apr 2027
Close · CNYCN¥42.14
1D-4.1%
1W-1.0%
1M-4.5%
3M-17.9%
6M-22.5%
YTD-23.7%
1Y-21.2%
ATR %5.1%
52w lowhigh37.8% off high

What Wuxi Xinje Electric does

Chinese maker of industrial-automation products including PLCs, HMIs and servo drives under the Xinje brand.

Sells controllers, operator screens and drives in large unit numbers to machine builders, so revenue follows equipment-makers' orders and factory investment cycles. Chinese brands like Xinje compete against Japanese and European suppliers largely on price and delivery speed.

In one line: A smaller, China-based Mitsubishi Electric/Siemens for factory automation.

Products and services

  • PLCs
  • HMIs
  • Servo drives

Customers

  • Machine builders/OEMs

Where it sits in the supply chain

  • Industrial automation
  • PLC/HMI/servo

What could go right

  • Chinese factory automation investment

What could go wrong

  • Industrial capex cyclicality

Moat: narrow (distribution, brand). Recognised domestic automation brand distributed to Chinese machine-builder customers.

Headquarters: Wuxi, China · Employees: 2,670

Named competitors

Wuxi Xinje Electric at a glance

Size Wuxi Xinje Electric (603416.SS) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $984M, the 2327th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥42.14 on 6 Nov 2026.

Performance Over six months the shares fell 22.5%, against -13.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.

Growth Revenue grew 26.4% over the last twelve months (peer median +9.2%); the operating margin is 9.3% (peer median 4.8%).

Valuation It trades at 21.1× forward earnings against a peer median of 29.1× (5th cheapest of 14).

Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +8 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 0.8 points below its cost of capital (9.6% WACC).

Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 83603416.SS 76
Six months, rebased to 100: Wuxi Xinje Electric against the median of its 20 peers (local-currency closes).

Wuxi Xinje Electric financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.38BCN¥2.00BCN¥1.70BCN¥1.50BCN¥1.33B
Revenue growth—+18%+13%+13%—
Gross profitCN¥876MCN¥724MCN¥610MCN¥507MCN¥472M
EBITDAn/aCN¥265MCN¥265MCN¥213MCN¥239M
Net incomeCN¥289MCN¥254MCN¥229MCN¥199MCN¥222M
Free cash flowCN¥89.3MCN¥32.9MCN¥122MCN¥96.3MCN¥144M
Capital expenditureCN¥85.9MCN¥72.1MCN¥42.2MCN¥137MCN¥61.2M
Total debtCN¥538MCN¥235MCN¥288MCN¥222MCN¥282M

Quarterly statements and history in the cockpit →

Wuxi Xinje Electric 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%0%+50%+100%-40%-20%0%+20%301282140860300416TRNS773430193016293000803004206588249830038668862800212166723015252312603416.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Wuxi Xinje Electric is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%50×100×150×0537140860300416TRNS773430193016296886280021216885506672301525603416.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Wuxi Xinje Electric is the large dot.

Capital: growth delivered against growth the price implies

0%+10%+20%+30%0%20%0537300416TRNS77343019688550603416.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. Wuxi Xinje Electric is the large dot.

Wuxi Xinje Electric competitors and peer comparison

Head to head with its named competitors (603416.SS vs 688160.SS vs 300124.SZ vs SIE.DE)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Wuxi Xinje Electric 603416.SS$984M-22%+26%9%21.1×19.8%
Kinco Automation Shanghai 688160.SS$1.45B-2%+46%9%90.3×n/a
Shenzhen Inovance Technology 300124.SZ$23.0B-17%+19%10%27.0×21.3%
Siemens SIE.DE$225B-4%+4%13%23.4×18.3%

How Wuxi Xinje Electric 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.

Wuxi Xinje Electric against its 20 peers (data as of 6 Nov 2026)
Measure603416.SSPeer medianRank in peer set
1-month return-4.5%-11.2%7th highest of 21
6-month return-22.5%-13.6%7th lowest of 20
Distance from 52-week high-37.8%-44.9%6th highest of 21
Revenue growth (TTM)+26.4%+9.2%6th highest of 21
Operating margin9.3%4.8%8th highest of 21
Forward P/E21.1×29.1×5th cheapest of 14
Growth the price implies (Req g, 7 yrs)19.8%5.0%3rd most demanding of 7
Growth delivered (Del g)+12.2%+12.6%4th highest of 7
Hurdle (Req g minus delivered)+7.6 pp-5.6 pp3rd most demanding of 7
ROIC minus cost of capital-0.8 pp-2.8 pp9th highest of 21

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
Wuxi Xinje Electric 603416.SSChina$984M-22%+26%9%21.1×19.8%+12.2%
Rigol Technologies 0537.HKHong Kong$989Mn/a+33%9%21.2×35.8%+19.6%
Camelot Electronics Technology 301282.SZChina$992M+12%+58%7%n/an/an/a
Park Systems 140860.KSSouth Korea$965M-35%-6%12%30.3×n/an/a
Suzhou Sushi Testing 300416.SZChina$957M-26%+8%15%23.0×2.6%+13.7%
Transcat TRNSUnited States$955M+33%+20%5%45.0×30.3%+13.9%
Riken Keiki 7734.TJapan$930M-7%+11%22%13.8×2.6%+11.4%
Asia Optical 3019.TWTaiwan$1.04B-14%+13%10%16.2×0.1%+10.9%
Sidea Semiconductor Equipment (Shenzhen) 301629.SZChina$924M-39%-27%0%147.2×n/an/a
Henan Yicheng New Energy 300080.SZChina$1.05B-17%-13%-21%n/an/an/a
Jiangsu Wuyang Automation Control Technology 300420.SZChina$921M+51%-10%5%n/an/an/a
Toshiba Tec 6588.TJapan$918M-2%+7%3%11.3×n/an/a
RoboSense Technology Company 2498.HKHong Kong$914M-55%+32%-22%n/an/an/a
Feitian Technologies 300386.SZChina$909M-17%-20%-20%n/an/an/a
Uni-Trend Technology (China) 688628.SSChina$1.07B-34%+33%15%29.1×n/an/a
Fujian Acetron New Materials 300706.SZChina$873M-11%+19%3%n/an/an/a
Shenzhen Clou Electronics 002121.SZChina$1.11B-36%+40%-5%29.5×n/an/a
Xi'an Manareco New Materials 688550.SSChina$850M-19%-2%13%15.6×7.4%+9.8%
Ventec International 6672.TWTaiwan$1.15B+110%+20%13%30.6×n/an/a
Shanghai Ruking Technologies 301525.SZChina$838M-13%-2%1%43.8×n/an/a
Kinpo Electronics 2312.TWTaiwan$1.16B-8%-7%3%n/an/an/a

Questions

Who are Wuxi Xinje Electric's main competitors?
Named competitors: Kinco Automation (688160.SS), Inovance Technology (300124.SZ), Siemens (SIE.DE). The cockpit's measured peer set (industry) also includes Rigol Technologies (0537.HK), Camelot Electronics Technology (301282.SZ), Park Systems (140860.KS), Suzhou Sushi Testing (300416.SZ), Transcat (TRNS), Riken Keiki (7734.T).
Is Wuxi Xinje Electric expensive compared with its peers?
On forward p/e it trades at 21.1× against a peer median of 29.1×, 5th cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +8 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 Wuxi Xinje Electric stock performed?
Over six months to 6 Nov 2026 the shares returned -22.5% against -13.6% for the median peer; over one year -21.2%.

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.