Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
300001.SZ
BUYFLAGQingdao TGOOD Electric Co., Ltd. · Industrials · China · $6.1B · Avg Vol: $274M/d
Qingdao TGOOD Electric is a leading manufacturer of prefabricated substations and EV charging infrastructure in China. It stands to benefit from the global electrification trend and grid upgrades. However, its lower quality score (Q: 57) and heavy exposure to highly competitive domestic Chinese EV infrastructure markets make it less attractive than global peers like HD Hyundai Electric.
COMPANY DESCRIPTION
Qingdao TGOOD Electric Co., Ltd. manufactures prefabricated modular substations and operates China's largest electric vehicle (EV) charging network through its subsidiary, TELD. The company leverages its manufacturing expertise to deploy charging infrastructure cost-effectively, securing a dominant market share in daily charging volume. Its dual-engine business model benefits from both industrial power grid upgrades and the rapid adoption of new energy vehicles.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 1.7B | 1.9B | 2.3B | 2.3B | 10.7% |
| EPS | 0.04 | 0.07 | 0.13 | 0.18 | 66.5% |
| Shares | 1.0B | 1.1B | 1.1B | 1.1B | +1.4% |
| Debt | 814M | 795M | 784M | 762M | -2.2% |
| Equity | 931M | 989M | 1.1B | 1.3B | 10.7% |
| Op CF | 180M | 199M | 194M | 345M | 24.3% |
| Inv CF | -118M | -137M | -117M | -139M | — |
| Fin CF | -103M | -80M | -74M | -91M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 300001.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 300001.SZ | Qingdao TGOOD Electric Co., Ltd.(you) | $6.1B | 67 | BUY |
| 688668.SS | Dongguan Dingtong Precision Metal Co., Ltd. | $6.0B | 68 | BUY |
| 002518.SZ | Shenzhen KSTAR Science and Technology Co., Ltd. | $4.7B | 72 | BUY |
| 600312.SS | Henan Pinggao Electric Co.,Ltd. | $4.3B | 71 | BUY |
| 000400.SZ | XJ Electric Co., Ltd. | $4.0B | 63 | HOLD |
| 603530.SS | Jiangsu Shemar Electric Co.,Ltd | $3.7B | 64 | HOLD |
| 601126.SS | Beijing Sifang Automation Co.,Ltd | $9.6B | 62 | HOLD |
| 603606.SS | Ningbo Orient Wires & Cables Co.,Ltd. | $5.4B | 53 | HOLD |
| 000682.SZ | Dongfang Electronics Co., Ltd. | $2.8B | 69 | BUY |
| 600517.SS | State Grid Yingda Co.,Ltd. | $4.6B | 79 | BUY |
Peer medians: ROE 6.0% · P/E 34.8x · Gross margin 22.9%