Loading…
Employees: 926
Size Beijing Tianyishangjia New Material (688033.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $459M, the 4069th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.44 on 6 Nov 2026.
Performance Over six months the shares fell 33.9%, against -22.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 31.2% over the last twelve months (peer median +2.6%); the operating margin is -342.5% (peer median 5.4%).
Valuation It trades at 22.7× forward earnings against a peer median of 8.6× (3rd most expensive of 9).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +5 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 60.9 points below its cost of capital (9.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥469M | CN¥682M | CN¥763M | CN¥2.11B | CN¥983M |
| Revenue growth | — | -11% | -64% | +114% | — |
| Gross profit | CN¥76.4M | -CN¥170M | -CN¥383M | CN¥576M | CN¥450M |
| EBITDA | n/a | -CN¥352M | -CN¥943M | CN¥449M | CN¥326M |
| Net income | -CN¥2.12B | -CN¥2.23B | -CN¥1.50B | CN¥144M | CN¥178M |
| Free cash flow | CN¥140M | CN¥108M | -CN¥331M | -CN¥1.64B | -CN¥1.02B |
| Capital expenditure | CN¥49.3M | CN¥94.2M | CN¥624M | CN¥1.15B | CN¥987M |
| Total debt | CN¥1.01B | CN¥1.48B | CN¥1.76B | CN¥2.12B | CN¥1.14B |
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 | 688033.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.9% | -8.0% | 3rd lowest of 21 |
| 6-month return | -33.9% | -22.3% | 4th lowest of 21 |
| Distance from 52-week high | -55.8% | -30.9% | 2nd lowest of 21 |
| Revenue growth (TTM) | -31.2% | +2.6% | lowest of 20 |
| Operating margin | -342.5% | 5.4% | lowest of 20 |
| Forward P/E | 22.7× | 8.6× | 3rd most expensive of 9 |
| Growth the price implies (Req g, 7 yrs) | 15.2% | 7.9% | 6th most demanding of 13 |
| Growth delivered (Del g) | +10.6% | +7.4% | 6th highest of 13 |
| Hurdle (Req g minus delivered) | +4.6 pp | +3.1 pp | 6th most demanding of 13 |
| ROIC minus cost of capital | -60.9 pp | -0.9 pp | lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Tianyishangjia New Material 688033.SS | China | $459M | -34% | -31% | -342% | 22.7× | 15.2% | +10.6% |
| Hefei Conver 603409.SS | China | $451M | -45% | +16% | 11% | n/a | n/a | n/a |
| Changchai 000570.SZ | China | $450M | -23% | +1% | 2% | n/a | 7.2% | +1.5% |
| Shanghai Vico Precision Mold & Plastics 301499.SZ | China | $450M | -39% | +16% | 4% | n/a | n/a | n/a |
| Swaraj Engines SWARAJENG.NS | India | $450M | -13% | +25% | 12% | 20.4× | 19.1% | +15.3% |
| Ningbo Tianlong Electronics 603266.SS | China | $448M | -26% | +3% | 8% | n/a | 8.7% | +6.3% |
| Shenzhen Roadrover Technology 002813.SZ | China | $470M | -4% | -14% | -16% | n/a | n/a | n/a |
| SNT DYNAMICS 003570.KS | South Korea | $446M | -59% | +9% | 8% | 8.9× | n/a | n/a |
| Tachi-S 7239.T | Japan | $474M | +6% | -2% | 5% | 8.3× | -16.7% | +6.3% |
| Martinrea International MRE.TO | Canada | $475M | -10% | -3% | 5% | 4.2× | -6.2% | +7.4% |
| NRB Bearings NRBBEARING.NS | India | $442M | +44% | +14% | 13% | 28.2× | 27.7% | +12.0% |
| Tianjin Pengling 300375.SZ | China | $439M | -20% | +7% | 2% | n/a | 21.7% | +11.3% |
| Xin Point 1571.HK | Hong Kong | $437M | -21% | +1% | 19% | 6.3× | n/a | n/a |
| T.RAD 7236.T | Japan | $485M | +17% | +6% | 7% | n/a | 5.0% | +7.5% |
| Kehua 603161.SS | China | $433M | -12% | n/a | n/a | n/a | n/a | n/a |
| Chuo Spring 5992.T | Japan | $433M | -28% | +2% | 2% | n/a | n/a | n/a |
| DaikyoNishikawa 4246.T | Japan | $431M | +17% | -3% | 6% | 7.3× | -5.1% | +2.0% |
| Xingmin Intelligent Transportation Systems (Group) 002355.SZ | China | $426M | -29% | +20% | -19% | n/a | n/a | n/a |
| Jee Technology 688162.SS | China | $496M | -25% | +15% | 1% | 23.7× | 36.1% | +23.7% |
| Ningbo Gaofa Automotive Control System 603788.SS | China | $424M | -25% | +3% | 11% | n/a | -0.2% | +12.1% |
| Ningbo Shenglong Automotive Powertrain System 603178.SS | China | $502M | -27% | -6% | -10% | n/a | 22.3% | +6.5% |