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Chinese maker of small engines, motorcycles and light vehicles, expanding into SUVs.
Chinese maker of small engines, motorcycles and light vehicles, expanding into SUVs.
Makes the engines for its own motorcycles and also sells general-purpose engines for generators and outdoor equipment, so it earns from vehicles and from engines sold to other makers; exports of both are important. It sells larger premium motorcycles abroad under its Voge brand.
In one line: A China-based Honda Power Equipment/motorcycle peer.
Moat: narrow (scale, brand). Long-established engine/motorcycle brand with export scale.
Headquarters: Chongqing, China · Employees: 10,348
Size Loncin Motor (603766.SS) is a China Consumer Discretionary company (Motor Vehicles) with a market value of $4.97B, the 508th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.19 on 6 Nov 2026.
Performance Over six months the shares gained 5.4%, against -24.4% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +15.8%); the operating margin is 9.4% (peer median 0.8%).
Valuation It trades at 15.9× forward earnings against a peer median of 14.4× (8th cheapest of 15).
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 +13%, so the hurdle is -18 pp: the price already allows for a slowdown.
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥19.4B | CN¥18.8B | CN¥16.6B | CN¥12.9B | CN¥12.3B |
| Revenue growth | — | +14% | +28% | +5% | — |
| Gross profit | CN¥4.07B | CN¥3.11B | CN¥2.45B | CN¥2.03B | CN¥1.83B |
| EBITDA | n/a | CN¥2.28B | CN¥1.70B | CN¥1.36B | CN¥1.12B |
| Net income | CN¥1.61B | CN¥1.65B | CN¥1.12B | CN¥583M | CN¥527M |
| Free cash flow | CN¥1.62B | CN¥2.55B | CN¥1.48B | CN¥1.88B | CN¥681M |
| Capital expenditure | CN¥361M | CN¥330M | CN¥675M | CN¥536M | CN¥577M |
| Total debt | CN¥988M | CN¥2.19B | CN¥894M | CN¥889M | CN¥1.08B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Loncin Motor 603766.SS | $4.97B | +5% | +2% | 9% | 15.9× | -5.5% |
| Zhejiang CFMoto Power 603129.SS | $7.23B | +16% | +40% | 11% | 19.9× | -3.9% |
| Chongqing Zongshen Power Machinery 001696.SZ | $2.25B | -24% | -5% | 5% | 17.3× | 7.6% |
| Zhejiang Qianjiang Motorcycle 000913.SZ | $896M | -16% | 0% | 2% | 17.2× | n/a |
| Yamaha Motor 7272.T | $10.1B | +54% | +10% | 6% | 9.3× | 4.2% |
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 | 603766.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.3% | -1.3% | 4th highest of 21 |
| 6-month return | +5.4% | -24.4% | 5th highest of 21 |
| Distance from 52-week high | -3.5% | -36.6% | 2nd highest of 21 |
| Revenue growth (TTM) | +1.9% | +15.8% | 6th lowest of 21 |
| Operating margin | 9.4% | 0.8% | 5th highest of 21 |
| Forward P/E | 15.9× | 14.4× | 8th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -5.5% | -4.9% | 6th least demanding of 11 |
| Growth delivered (Del g) | +12.7% | +12.2% | 6th highest of 11 |
| Hurdle (Req g minus delivered) | -18.2 pp | -14.4 pp | 5th least demanding of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Loncin Motor 603766.SS | China | $4.97B | +5% | +2% | 9% | 15.9× | -5.5% | +12.7% |
| Chongqing Afari Technology 601777.SS | China | $4.94B | -35% | +17% | -11% | 208.0× | n/a | n/a |
| ARCHION 543A.T | Japan | $5.11B | -9% | +9% | 5% | 2.4× | 7.4% | +0.9% |
| Mazda Motor 7261.T | Japan | $4.52B | +12% | +4% | 3% | 6.9× | -14.8% | +11.3% |
| Iveco IVG.MI | Italy | $5.55B | +3% | -5% | 3% | 12.7× | n/a | n/a |
| Nissan Motor 7201.T | Japan | $5.98B | -24% | -1% | 2% | 23.1× | n/a | n/a |
| FAW Jiefang 000800.SZ | China | $4.11B | -17% | +22% | -1% | 29.5× | n/a | n/a |
| BAIC BluePark New Energy Technology 600733.SS | China | $4.02B | -41% | +54% | -19% | n/a | n/a | n/a |
| Guangzhou Automobile 601238.SS | China | $6.22B | -32% | +5% | -18% | n/a | n/a | n/a |
| Zhejiang Leapmotor Technology 9863.HK | Hong Kong | $6.34B | -25% | +71% | -1% | 16.1× | -14.5% | +150.7% |
| Volvo Car VOLCAR-B.ST | Sweden | $3.63B | -45% | -17% | 0% | n/a | n/a | n/a |
| Federal Signal FSS | United States | $6.92B | -4% | +24% | 17% | 20.1× | 11.8% | +14.0% |
| Sinotruk Jinan Truck 000951.SZ | China | $3.46B | -10% | +36% | 4% | 11.2× | -5.8% | -0.8% |
| Minth 0425.HK | Hong Kong | $3.45B | -37% | +14% | 11% | 7.5× | 2.7% | +14.8% |
| Zhejiang CFMoto Power 603129.SS | China | $7.23B | +16% | +40% | 11% | 19.9× | -3.9% | +34.5% |
| Harley-Davidson HOG | United States | $3.40B | +28% | -15% | -4% | 18.6× | 0.4% | +2.0% |
| Yadea 1585.HK | Hong Kong | $3.36B | -28% | +13% | 7% | 8.9× | -11.2% | +13.0% |
| Jardine Cycle & Carriage C07.SI | Singapore | $7.36B | -28% | -11% | 10% | 8.2× | -7.8% | +8.9% |
| Ather Energy ATHERENERG.NS | India | $7.57B | +101% | +63% | -7% | n/a | n/a | n/a |
| VinFast Auto VFS | United States | $7.60B | -25% | +74% | -86% | n/a | n/a | n/a |
| NIO 9866.HK | Hong Kong | $7.60B | -46% | +70% | -4% | n/a | n/a | n/a |