Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600550.SS
SELLREMOVEBaoding Tianwei Baobian Electric Co.,Ltd. · Industrials · China · $3.6B · Avg Vol: $111M/d
Baoding Tianwei Baobian Electric manufactures power transformers. While it operates in the power grid infrastructure space—a second-order beneficiary of electrification—it is a low-margin, state-owned enterprise with poor capital allocation history. It fails our Buffett and Terry Smith quality screens.
COMPANY DESCRIPTION
Baoding Tianwei Baobian Electric Co., Ltd. manufactures high-voltage and ultra-high-voltage (UHV) power transformers and reactors. The company is one of the few domestic manufacturers capable of producing 1000kV UHV AC and ±800kV DC transformers for China's national grid. It is a specialized, state-backed electrical equipment manufacturer critical to China's long-distance clean energy transmission.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 509M | 512M | 701M | 844M | 18.3% |
| EPS | 0.00 | -0.02 | 0.01 | 0.02 | 88.4% |
| Shares | 1.8B | 1.8B | 1.8B | 1.8B | 0.0% |
| Debt | 323M | 318M | 331M | 350M | 2.7% |
| Equity | 108M | 75M | 89M | 124M | 4.5% |
| Op CF | -55M | 93M | 39M | 32M | -41.5% |
| Inv CF | -6M | -9M | -9M | 4M | — |
| Fin CF | -27M | -36M | 627,458 | 21M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600550.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600550.SS | Baoding Tianwei Baobian Electric Co.,Ltd.(you) | $3.6B | 27 | SELL |
| 600110.SS | Nuode New Materials Co.,Ltd. | $3.2B | 27 | SELL |
| 601567.SS | Ningbo Sanxing Medical Electric Co.,Ltd. | $3.4B | 28 | SELL |
| 688005.SS | Ningbo Ronbay New Energy Technology Co.,Ltd. | $3.3B | 24 | SELL |
| 603618.SS | Hangzhou Cable Co., Ltd. | $4.4B | 29 | SELL |
| 300827.SZ | Sineng Electric Co.,Ltd. | $2.7B | 26 | SELL |
| 603662.SS | Keli Sensing Technology (Ningbo) Co.,Ltd. | $2.5B | 28 | SELL |
| 605196.SS | Hebei Huatong Wires and Cables Group Co., Ltd. | $3.0B | 22 | SELL |
| 002176.SZ | Jiangxi Special Electric Motor Co.,Ltd | $3.0B | 22 | SELL |
| 688778.SS | XTC New Energy Materials(Xiamen) Co.,Ltd. | $4.7B | 23 | SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%