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Chinese maker of rubber sealing and vibration-damping components for automobiles.
Chinese maker of rubber sealing and vibration-damping components for automobiles.
Moat: none. Commodity rubber-parts maker in a competitive segment.
Headquarters: Ningbo, Zhejiang, China · Employees: 639
Size Ningbo TIP Rubber Technology (605255.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $959M, the 2382nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥47.71 on 6 Nov 2026.
Performance Over six months the shares fell 53.2%, against -21.6% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue fell 9.3% over the last twelve months (peer median +4.7%); the operating margin is 5.5% (peer median 5.9%).
Valuation It trades at 18.7× enterprise value to sales against a peer median of 1.3× (2nd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 48% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is +47 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.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥300M | CN¥316M | CN¥341M | CN¥340M | CN¥328M |
| Revenue growth | — | -7% | 0% | +4% | — |
| Gross profit | CN¥123M | CN¥87.1M | CN¥107M | CN¥93.0M | CN¥84.2M |
| EBITDA | n/a | CN¥78.3M | CN¥90.3M | CN¥77.0M | CN¥62.6M |
| Net income | -CN¥7.64M | CN¥26.1M | CN¥33.1M | CN¥30.6M | CN¥25.6M |
| Free cash flow | CN¥59.2M | CN¥69.2M | CN¥70.5M | CN¥56.3M | -CN¥61.2M |
| Capital expenditure | CN¥24.1M | CN¥20.3M | CN¥17.1M | CN¥29.1M | CN¥153M |
| Total debt | CN¥810,055 | CN¥851M | CN¥3.75M | CN¥5.07M | CN¥3.60M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Ningbo TIP Rubber Technology 605255.SS | $959M | -53% | -9% | 5% | 18.7× | 47.5% |
| Anhui Zhongding Sealing Parts 000887.SZ | $3.32B | -3% | +9% | 8% | 1.2× | 3.8% |
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 | 605255.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -15.0% | 0.0% | 4th lowest of 21 |
| 6-month return | -53.2% | -21.6% | lowest of 21 |
| Distance from 52-week high | -78.1% | -42.0% | 2nd lowest of 21 |
| Revenue growth (TTM) | -9.3% | +4.7% | 4th lowest of 21 |
| Operating margin | 5.5% | 5.9% | 10th lowest of 21 |
| EV / Sales | 18.7× | 1.3× | 2nd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 47.5% | -1.2% | most demanding of 12 |
| Growth delivered (Del g) | +0.9% | +9.4% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | +46.7 pp | -4.5 pp | 2nd most demanding of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ningbo TIP Rubber Technology 605255.SS | China | $959M | -53% | -9% | 5% | 18.7× | 47.5% | +0.9% |
| Hyundai Wia 011210.KS | South Korea | $962M | -41% | +12% | 2% | 0.1× | -11.0% | +5.2% |
| Fujian Longxi Bearing (Group) 600592.SS | China | $926M | -19% | -2% | 11% | 4.2× | 14.0% | +3.0% |
| Hunan Tyen Machinery 600698.SS | China | $918M | -5% | +17% | -7% | 10.5× | n/a | n/a |
| Pricol PRICOLLTD.NS | India | $916M | +15% | +39% | 9% | 2.0× | n/a | n/a |
| Guilin Fuda 603166.SS | China | $1.01B | -25% | +9% | 15% | 3.8× | n/a | n/a |
| HyUnion 002537.SZ | China | $1.01B | -21% | -6% | 4% | 1.1× | -1.7% | +1.7% |
| Steel Strips Wheels SSWL.NS | India | $898M | +153% | +33% | 8% | 1.5× | 25.4% | +24.3% |
| FAWER Automotive Parts 000030.SZ | China | $897M | -28% | -7% | 0% | 0.6× | 4.9% | +9.4% |
| Autoneum AUTN.SW | Switzerland | $896M | +7% | -1% | 6% | 0.6× | -7.5% | +5.6% |
| ZYNP Corporation 002448.SZ | China | $896M | -32% | +26% | 13% | 1.4× | -3.0% | +16.9% |
| Chuzhou Duoli Automotive Technology 001311.SZ | China | $894M | -36% | +45% | 7% | 1.2× | n/a | n/a |
| Jiangsu Riying Electronics 603286.SS | China | $891M | -22% | +1% | -5% | 6.2× | n/a | n/a |
| Topre 5975.T | Japan | $1.04B | +32% | +5% | 8% | 0.4× | -1.2% | +12.0% |
| Bohai Automotive Systems 600960.SS | China | $1.04B | -13% | -26% | -2% | 2.2× | n/a | n/a |
| Zhejiang Asia-Pacific Mechanical & Electronic 002284.SZ | China | $1.05B | -29% | +10% | 9% | 1.1× | -1.8% | +13.9% |
| Zhejiang ZhaoFeng Mechanical & Electric 300695.SZ | China | $875M | -6% | +4% | 11% | 6.7× | n/a | n/a |
| Zotye Automobile 000980.SZ | China | $1.05B | -35% | -33% | -93% | 21.6× | 37.5% | -17.1% |
| Changchun FAWAY Group Automobile Components 600742.SS | China | $863M | -18% | -20% | 2% | 0.1× | n/a | n/a |
| Musashi Seimitsu Industry 7220.T | Japan | $861M | -52% | +4% | 6% | 0.6× | 9.7% | +11.1% |
| Dauch DCH | United States | $1.07B | -32% | +41% | 3% | 0.7× | n/a | n/a |