Loading…
Jiangsu-based electronic-components/equipment maker; specific product line not confidently known from public information.
Jiangsu-based electronic-components/equipment maker; specific product line not confidently known from public information.
Moat: none
Headquarters: Jiangsu, China · Employees: 2,006
Size Jiangsu Lettall Electronic (603629.SS) is a China Industrials company (Industrial Machinery) with a market value of $3.41B, the 760th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥62.06 on 6 Nov 2026.
Performance Over six months the shares fell 39.8%, against -14.6% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 26.5% over the last twelve months (peer median +10.0%); the operating margin is 33.8% (peer median 8.8%).
Valuation It trades at 5.8× enterprise value to sales against a peer median of 2.4× (5th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 28.2 points above its cost of capital (10.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.07B | CN¥3.30B | CN¥2.24B | CN¥1.89B | CN¥2.01B |
| Revenue growth | — | +47% | +19% | -6% | — |
| Gross profit | CN¥2.34B | CN¥796M | CN¥393M | CN¥281M | CN¥305M |
| EBITDA | n/a | CN¥1.07B | CN¥405M | CN¥137M | CN¥143M |
| Net income | CN¥1.05B | CN¥293M | CN¥24.6M | CN¥40.2M | CN¥65.9M |
| Free cash flow | CN¥2.31B | CN¥478M | -CN¥156M | -CN¥48.9M | CN¥24.5M |
| Capital expenditure | CN¥152M | CN¥460M | CN¥449M | CN¥785M | CN¥133M |
| Total debt | CN¥2.89B | CN¥3.15B | CN¥2.87B | CN¥1.05B | CN¥794M |
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 | 603629.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -33.7% | -9.8% | 3rd lowest of 21 |
| 6-month return | -39.8% | -14.6% | 3rd lowest of 21 |
| Distance from 52-week high | -63.9% | -39.0% | lowest of 21 |
| Revenue growth (TTM) | +26.5% | +10.0% | 5th highest of 21 |
| Operating margin | 33.8% | 8.8% | highest of 21 |
| EV / Sales | 5.8× | 2.4× | 5th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 4.8% | 18.5% | 4th least demanding of 13 |
| Growth delivered (Del g) | +15.0% | +9.8% | 2nd highest of 13 |
| Hurdle (Req g minus delivered) | -10.2 pp | +7.0 pp | 2nd least demanding of 13 |
| ROIC minus cost of capital | +28.2 pp | -0.7 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Lettall Electronic 603629.SS | China | $3.41B | -40% | +27% | 34% | 5.8× | 4.8% | +15.0% |
| Guangdong Shenling Environmental Systems 301018.SZ | China | $3.42B | -27% | +45% | 5% | 5.1× | n/a | n/a |
| Blue Star BLUESTARCO.NS | India | $3.43B | -10% | +9% | 5% | 2.4× | n/a | n/a |
| Shenzhen Zhaowei Machinery & Electronics 003021.SZ | China | $3.45B | +6% | 0% | 9% | 11.9× | 46.0% | +7.5% |
| Kadant KAI | United States | $3.46B | -14% | +17% | 16% | 3.2× | 15.5% | +10.6% |
| Thermax THERMAX.NS | India | $3.46B | -34% | +5% | 6% | 3.0× | n/a | n/a |
| Moon Environment Technology 000811.SZ | China | $3.34B | -10% | +27% | 10% | 2.4× | 20.9% | +11.8% |
| Kaori Heat Treatment 8996.TW | Taiwan | $3.34B | -1% | +108% | 16% | 11.2× | 46.0% | +25.9% |
| SINOMACH Heavy Equipment 601399.SS | China | $3.33B | -28% | 0% | 4% | 1.2× | n/a | n/a |
| Anhui Yingliu Electromechanical 603308.SS | China | $3.50B | -58% | +38% | 13% | 7.8× | n/a | n/a |
| THK 6481.T | Japan | $3.52B | -16% | +8% | 7% | 2.4× | 24.8% | +1.9% |
| Danieli & C. Officine Meccaniche DAN.MI | Italy | $3.60B | -24% | -8% | -6% | 0.3× | n/a | n/a |
| Carel Industries CRL.MI | Italy | $3.24B | -11% | +17% | 15% | 4.2× | 23.3% | +13.7% |
| Kunshan Kinglai Hygienic Materials 300260.SZ | China | $3.61B | -12% | +11% | 8% | 8.1× | n/a | n/a |
| Haitian International 1882.HK | Hong Kong | $3.64B | -18% | +8% | 17% | 0.9× | -11.5% | +7.7% |
| Sumitomo Heavy Industries 6302.T | Japan | $3.64B | -10% | +9% | 6% | 0.6× | 6.3% | +4.3% |
| Estun Automation 002747.SZ | China | $3.65B | +30% | +8% | 4% | 5.5× | 48.2% | +14.3% |
| Tokyo Seimitsu 7729.T | Japan | $3.16B | -29% | +17% | 22% | 2.4× | 16.0% | +11.4% |
| Zijin Longking 600388.SS | China | $3.70B | -6% | +13% | 11% | 2.1× | n/a | n/a |
| Infore Environment Technology 000967.SZ | China | $3.14B | -53% | +20% | 8% | 1.7× | -0.8% | -0.7% |
| Takasago Thermal Engineering 1969.T | Japan | $3.13B | -21% | +2% | 11% | 1.2× | 3.8% | +9.0% |