What is North Electro-Optic Co.,Ltd.'s (600184.SS) StockRank?

MoatMap's StockRank for North Electro-Optic Co.,Ltd. (600184.SS) is 32/100, with a Sell signal. This is a composite score combining Quality (32), Value (12), and Momentum (79) factor ranks across MoatMap's 19,000+ stock universe.

Does North Electro-Optic Co.,Ltd. have an economic moat?

North Electro-Optic Co.,Ltd. (600184.SS) has a Quality factor score of 32/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is North Electro-Optic Co.,Ltd. a buy, hold, or sell?

MoatMap's current signal for North Electro-Optic Co.,Ltd. (600184.SS) is Sell, based on a StockRank of 32/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is North Electro-Optic Co.,Ltd. in?

North Electro-Optic Co.,Ltd. (600184.SS) operates in the Industrials sector, specifically the Aerospace & Defense industry (China).

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600184.SS

SELLREMOVE

North Electro-Optic Co.,Ltd. · Industrials · China · $2.3B · Avg Vol: $175M/d

StockRank

P/E (TTM)

270.3x

ROE

1.8%

D/E

0.0x

Dividend %

0.1%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

North Electro-Optic manufactures defense-related optical and electronic components. While geopolitically relevant, it lacks the transparency, capital allocation track record, and accessibility required for global capital.

COMPANY DESCRIPTION

North Electro-Optic is a key defense enterprise specializing in the research, development, and manufacture of military optoelectronic systems, guidance equipment, and precision optical materials. As a subsidiary of Norinco Group, the company enjoys a secure position as a primary supplier to the Chinese military. It also leverages its optical expertise to produce high-end glass and materials for civilian industrial applications.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	371M	325M	192M	361M	-1.0%
EPS	0.02	0.02	-0.06	0.01	-12.1%
Shares	509M	509M	509M	583M	+14.5%
Debt	5M	4M	3M	21M	59.0%
Equity	369M	375M	347M	505M	11.0%
Op CF	-59M	-64M	7M	-54M	—
Inv CF	-21M	-17M	-22M	-26M	—
Fin CF	-5M	-6M	-4M	174M	—

PRICE (1M)+16.9%

SMA 50SMA 200

$4.04

RSI (14)

59.2

52W High

$4.57

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

1.5%16.2

ROE

1.8%20.3

GP/Assets

8.7%23.7

Op. Margin

-1.7%12.9

FCF/Assets

-7.2%11.5

Piotroski

—13.7

Int. Cover

50.0x90.2

D/E Ratio

0.04x87.3

Current Ratio

2.05x63.4

Value

P/E (TTM)

270.3x3.9

EV/EBITDA

105.0x3.6

P/FCF

—N/A

P/B

4.6x21.7

P/S

6.4x12.1

Div Yield

0.1%6.4

Momentum

52W High %

89%73.0

RS 6M

47%90.2

SMA 50/200

1.23x85.5

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—88.4

Q Growth

17%59.5

FUNDAMENTALS

Market Cap

$2.3B

P/E (Forward)

79.5x

Gross Margin

18.8%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600184.SS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
600184.SS	North Electro-Optic Co.,Ltd.(you)	$2.3B	32	SELL
300034.SZ	Gaona Aero Material Co.,Ltd.	$2.2B	35	HOLD
688281.SS	Shaanxi Huaqin Technology Industry Co.,Ltd.	$3.0B	29	SELL
688543.SS	Jiangxi Guoke Defence Group Co.,Ltd.	$1.6B	33	SELL
688239.SS	Guizhou Aviation Technical Development Co., Ltd	$1.7B	29	SELL
300008.SZ	Bestway Marine & Energy Technology Co.,Ltd	$1.7B	36	HOLD
002985.SZ	Beijing Beimo High-tech Frictional Material Co.,Ltd	$1.5B	34	SELL
2866.HK	COSCO SHIPPING Development Co., Ltd.	$1.7B	27	SELL
600391.SS	Aecc Aero Science and Technology Co.,Ltd	$1.7B	23	SELL
300775.SZ	Xi'an Triangle Defense Co.,Ltd	$2.0B	19	STRONG SELL

Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%

North Electro-Optic Co.,Ltd. (600184.SS) — Stock Score Summary

North Electro-Optic Co.,Ltd. (600184.SS) has a MoatMap StockRank of 32/100 based on Quality (32/100), Value (12/100), and Momentum (79/100) factor scores. The current signal is SELL. North Electro-Optic manufactures defense-related optical and electronic components. While geopolitically relevant, it lacks the transparency, capital allocation track record, and accessibility required for global capital.

Key Financial Metrics

Price	$4.04
Market Cap	$2.3B
P/E (TTM)	270.30
P/E (Forward)	79.50
Price/Book	4.61
Return on Equity	1.8%
Return on Invested Capital	1.5%
Debt/Equity	3.78
Gross Margin	18.8%
Operating Margin	-1.7%
Revenue Growth	3.0%
Dividend Yield	0.1%
Free Cash Flow	$-8M

North Electro-Optic Co.,Ltd. operates in the Aerospace & Defense industry, part of the Industrials sector (China).

Frequently Asked Questions

What is North Electro-Optic Co.,Ltd.’s (600184.SS) StockRank?: MoatMap’s StockRank for North Electro-Optic Co.,Ltd. (600184.SS) is 32/100, with a Sell signal. It is a composite of Quality (32), Value (12), and Momentum (79) factor ranks across MoatMap’s 19,000+ stock universe.
Does North Electro-Optic Co.,Ltd. have an economic moat?: North Electro-Optic Co.,Ltd. (600184.SS) has a Quality factor score of 32/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is North Electro-Optic Co.,Ltd. a buy, hold, or sell?: MoatMap’s current signal for North Electro-Optic Co.,Ltd. (600184.SS) is Sell, based on a StockRank of 32/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is North Electro-Optic Co.,Ltd. in?: North Electro-Optic Co.,Ltd. (600184.SS) operates in the Industrials sector, specifically the Aerospace & Defense industry (China).