Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600609.SS
SELLREMOVEShenyang Jinbei Automotive Company Limited · Consumer Cyclical · China · $696M · Avg Vol: $9M/d
An automotive parts manufacturer with low margins and high capital intensity. It has no exposure to our core macro themes and fails all quality metrics under the Terry Smith lens.
COMPANY DESCRIPTION
Shenyang Jinbei Automotive Company Limited designs, manufactures, and sells automotive components, including seats, chassis modules, and interior systems. The company's primary competitive advantage is its deep integration into the supply chain of major joint-venture OEMs, particularly BMW Brilliance. It operates as a specialized, regional auto parts supplier positioned to benefit from premium vehicle manufacturing in Northeast China.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 832M | 760M | 645M | 673M | -6.8% |
| EPS | 0.02 | 0.01 | 0.04 | 0.03 | 17.8% |
| Shares | 1.3B | 1.3B | 1.3B | 1.3B | -0.5% |
| Debt | 125M | 79M | 2M | 2M | -73.2% |
| Equity | 138M | 156M | 206M | 243M | 20.8% |
| Op CF | 52M | 126M | 86M | 77M | 14.1% |
| Inv CF | -18M | -10M | 10M | -38M | — |
| Fin CF | -63M | -84M | -105M | -22M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 600609.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600609.SS | Shenyang Jinbei Automotive Company Limited(you) | $696M | 32 | SELL |
| 603035.SS | Jiangsu Changshu Automotive Trim Group Co., Ltd. | $656M | 36 | HOLD |
| 001380.SZ | Hwaway Technology Corporation Limited | $699M | 27 | SELL |
| 301596.SZ | Reach Machinery Co., Ltd. | $869M | 34 | SELL |
| 002590.SZ | Zhejiang VIE Science & Technology Co., Ltd. | $882M | 31 | SELL |
| 688533.SS | Suzhou SONAVOX Electronics Co.,Ltd. | $607M | 36 | HOLD |
| 603107.SS | Shanghai Automobile Air-Conditioner Accessories Co., Ltd. | $663M | 38 | HOLD |
| 601500.SS | Jiangsu General Science Technology Co., Ltd. | $987M | 32 | SELL |
| 300978.SZ | WINBO-Dongjian Automotive Technology Co., Ltd. | $613M | 38 | HOLD |
| 603197.SS | Shanghai Baolong Automotive Corporation | $998M | 34 | SELL |
Peer medians: ROE 7.0% · P/E 24.0x · Gross margin 22.0%