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Beijing-based supplier of automation equipment and production-line systems for industrial manufacturers.
Beijing-based supplier of automation equipment and production-line systems for industrial manufacturers.
Moat: none
Headquarters: Beijing, China · Employees: 1,016
Size Beijing Jingyi Automation Equipment (688652.SS) is a China Industrials company (Industrial Machinery) with a market value of $2.73B, the 940th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥108.30 on 6 Nov 2026.
Performance Over six months the shares fell 10.3%, against -20.0% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 33.6% over the last twelve months (peer median +10.5%); the operating margin is 8.8% (peer median 7.8%).
Valuation It trades at 77.6× forward earnings against a peer median of 20.4× (most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 49% a year for seven years (Req g). Recent delivered growth is +32%, so the hurdle is +17 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 0.1 points above its cost of capital (12.1% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.81B | CN¥1.42B | CN¥1.02B | CN¥738M | CN¥660M |
| Revenue growth | — | +39% | +38% | +12% | — |
| Gross profit | CN¥576M | CN¥440M | CN¥317M | CN¥227M | CN¥252M |
| EBITDA | n/a | CN¥163M | CN¥107M | CN¥84.7M | CN¥87.8M |
| Net income | CN¥164M | CN¥148M | CN¥153M | CN¥119M | CN¥91.1M |
| Free cash flow | CN¥289M | CN¥154M | -CN¥106M | CN¥11.7M | -CN¥5.30M |
| Capital expenditure | CN¥292M | CN¥242M | CN¥120M | CN¥29.3M | CN¥8.65M |
| Total debt | CN¥332M | CN¥250M | CN¥252M | CN¥93.3M | CN¥136M |
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 | 688652.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.1% | -7.5% | 9th lowest of 21 |
| 6-month return | -10.3% | -20.0% | 5th highest of 21 |
| Distance from 52-week high | -54.9% | -41.7% | 3rd lowest of 21 |
| Revenue growth (TTM) | +33.6% | +10.5% | 5th highest of 21 |
| Operating margin | 8.8% | 7.8% | 9th highest of 21 |
| Forward P/E | 77.6× | 20.4× | most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 49.0% | 17.8% | most demanding of 12 |
| Growth delivered (Del g) | +32.4% | +9.4% | highest of 12 |
| Hurdle (Req g minus delivered) | +16.5 pp | +5.4 pp | 3rd most demanding of 12 |
| ROIC minus cost of capital | +0.1 pp | -0.7 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Jingyi Automation Equipment 688652.SS | China | $2.73B | -10% | +34% | 9% | 77.6× | 49.0% | +32.4% |
| Guangzhou Haozhi Industrial 300503.SZ | China | $2.70B | -8% | +55% | 20% | n/a | n/a | n/a |
| Nabtesco 6268.T | Japan | $2.77B | -28% | -8% | 9% | 17.6× | 7.8% | +2.0% |
| Dongguan Yiheda Automation 301029.SZ | China | $2.65B | -2% | +31% | 18% | 27.1× | 21.6% | +19.5% |
| Shanghai Zhenhua Heavy Industries 600320.SS | China | $2.64B | -21% | +6% | 5% | 20.4× | -4.9% | +9.7% |
| Fuji 6134.T | Japan | $2.85B | -23% | +45% | 20% | 9.9× | n/a | n/a |
| Harmonic Drive Systems 6324.T | Japan | $2.60B | -18% | +12% | 7% | 62.4× | n/a | n/a |
| Jungheinrich AG Pref JUN3.DE | Germany | $2.58B | -12% | +2% | 5% | 10.3× | -0.4% | +7.6% |
| CECO Environmental CECO | United States | $2.56B | -47% | +38% | 6% | 16.5× | n/a | n/a |
| China Baoan 000009.SZ | China | $2.56B | -23% | +26% | 7% | n/a | n/a | n/a |
| Dmg Mori 6141.T | Japan | $2.53B | -13% | +20% | 4% | 23.5× | 12.9% | +9.4% |
| All Ring Tech 6187.TWO | Taiwan | $2.52B | -36% | +1% | 29% | 25.0× | 26.4% | +28.9% |
| Worthington Enterprises WOR | United States | $2.98B | +11% | +18% | 6% | 15.7× | 24.7% | -15.3% |
| China First Heavy Industries 601106.SS | China | $2.98B | -36% | 0% | 0% | n/a | n/a | n/a |
| Guangdong Dongfang Precision Science & Technology 002611.SZ | China | $2.50B | -19% | -16% | 8% | 20.2× | 17.8% | +12.4% |
| Catcher Technology 2474.TW | Taiwan | $2.99B | -14% | -18% | 10% | 16.3× | 12.4% | -25.7% |
| Bozhon Precision Industry Technology 688097.SS | China | $3.00B | -23% | +74% | 7% | 23.6× | n/a | n/a |
| Formosa Sumco Technology 3532.TW | Taiwan | $3.01B | +12% | +9% | 4% | 50.5× | n/a | n/a |
| Timken India TIMKEN.NS | India | $2.43B | -12% | +19% | 16% | 46.1× | 36.2% | +19.8% |
| AIA Engineering AIAENG.NS | India | $3.08B | -22% | +7% | 24% | 22.8× | 20.4% | +9.1% |
| Japan Steel Works 5631.T | Japan | $2.41B | -46% | -1% | 10% | 17.0× | n/a | n/a |