Employees: 4,698
Size Noblelift Intelligent Equipment (603611.SS) is a China Industrials company (Industrial Machinery) with a market value of $569M, the 3551st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥15.29 on 6 Nov 2026.
Performance Over six months the shares fell 23.5%, against -18.5% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 19 in its peer set.
Growth Revenue grew 3.6% over the last twelve months (peer median +8.4%); the operating margin is 6.6% (peer median 6.0%).
Valuation It trades at 7.0× forward earnings against a peer median of 18.5× (cheapest of 9).
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 +10%, so the hurdle is -16 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.4 points above its cost of capital (5.5% WACC).
Next results Next results expected around 9 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥7.08B | CN¥6.67B | CN¥6.93B | CN¥6.92B | CN¥6.69B |
| Revenue growth | — | -4% | 0% | +4% | — |
| Gross profit | CN¥1.72B | CN¥1.44B | CN¥1.49B | CN¥1.42B | CN¥1.29B |
| EBITDA | n/a | CN¥550M | CN¥690M | CN¥674M | CN¥566M |
| Net income | CN¥248M | CN¥429M | CN¥462M | CN¥458M | CN¥402M |
| Free cash flow | CN¥46.6M | CN¥620M | CN¥509M | -CN¥212M | CN¥401M |
| Capital expenditure | CN¥147M | CN¥255M | CN¥294M | CN¥326M | CN¥123M |
| Total debt | CN¥2.87B | CN¥2.25B | CN¥1.86B | CN¥1.71B | CN¥1.76B |
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 | 603611.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.8% | -15.1% | 7th highest of 21 |
| 6-month return | -23.5% | -18.5% | 8th lowest of 19 |
| Distance from 52-week high | -42.5% | -40.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +3.6% | +8.4% | 9th lowest of 21 |
| Operating margin | 6.6% | 6.0% | 9th highest of 21 |
| Forward P/E | 7.0× | 18.5× | cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | -6.0% | 8.0% | least demanding of 12 |
| Growth delivered (Del g) | +10.5% | +8.5% | 3rd highest of 12 |
| Hurdle (Req g minus delivered) | -16.5 pp | +1.4 pp | 2nd least demanding of 12 |
| ROIC minus cost of capital | +4.4 pp | -2.2 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Noblelift Intelligent Equipment 603611.SS | China | $569M | -23% | +4% | 7% | 7.0× | -6.0% | +10.5% |
| Hangzhou Huaguang Advanced Welding Materials 688379.SS | China | $567M | -39% | +62% | 6% | 16.9× | n/a | n/a |
| Gallant Micro Machining 6640.TWO | Taiwan | $575M | -53% | +39% | 19% | 20.1× | 8.0% | +25.1% |
| WPG (Shanghai) Smart Water Public 603956.SS | China | $563M | +13% | -24% | -39% | n/a | n/a | n/a |
| Shang Gong 600843.SS | China | $575M | -17% | +2% | -5% | n/a | n/a | n/a |
| Nantong Guosheng Intelligence Technology 688558.SS | China | $562M | -20% | +17% | 12% | 20.1× | 15.7% | +11.5% |
| Beijing Jingcheng Machinery Electric 0187.HK | Hong Kong | $575M | -42% | -1% | -8% | n/a | n/a | n/a |
| Jiangsu Beiren Smart Manufacturing Technology 688218.SS | China | $562M | -5% | -10% | -10% | n/a | 21.9% | +1.6% |
| Hero Motors HEROMOTORS.NS | India | $578M | n/a | +9% | 6% | n/a | 37.3% | +4.0% |
| Jiangsu Liba Enterprise Joint-Stock 603519.SS | China | $578M | 0% | 0% | 10% | n/a | 14.8% | +5.4% |
| Schweiter Technologies SWTQ.SW | Switzerland | $581M | +19% | -12% | 4% | 15.6× | -3.5% | -4.9% |
| Lohia LCL.NS | India | $556M | n/a | +24% | 15% | n/a | 3.9% | +8.5% |
| Jiangyin PIVOT Automotive Products 301181.SZ | China | $582M | -25% | -9% | 16% | 26.2× | 22.5% | -2.9% |
| Shaoyang Victor Hydraulics 301079.SZ | China | $555M | -21% | +20% | 4% | n/a | n/a | n/a |
| Zhejiang XiaSha Precision Manufacturing 001306.SZ | China | $553M | -16% | +9% | -15% | n/a | n/a | n/a |
| Wuxi Delinhai Environmental Technology 688069.SS | China | $586M | -8% | +18% | 5% | 37.2× | n/a | n/a |
| Canature Health Technology 300272.SZ | China | $587M | -30% | +4% | 9% | n/a | 3.4% | +9.3% |
| Kangping Technology (Suzhou) 300907.SZ | China | $588M | +33% | +37% | 6% | n/a | n/a | n/a |
| GMT Global 4573.TWO | Taiwan | $589M | -14% | -3% | -19% | n/a | n/a | n/a |
| VM Inc. 089970.KS | South Korea | $590M | -44% | +150% | 27% | 12.6× | -0.3% | +9.2% |
| Tsukishima 6332.T | Japan | $547M | -30% | +8% | 7% | 10.0× | -3.7% | +10.5% |