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600651.SS
STRONG SELLREMOVEShanghai Feilo Acoustics Co.,Ltd · Consumer Cyclical · China · $2.1B · Avg Vol: $21M/d
Shanghai Feilo Acoustics manufactures lighting equipment and acoustic products. It is a legacy industrial business that has undergone multiple restructurings, lacks a durable economic moat, and operates in a highly fragmented, low-margin industry with no clear macro tailwinds.
COMPANY DESCRIPTION
Shanghai Feilo Acoustics Co., Ltd. designs and manufactures smart lighting systems, automotive electronics, and precision components. The company has a long-standing presence in municipal and industrial lighting, which it is leveraging to transition into smart city IoT solutions. It operates as an industrial manufacturer undergoing strategic restructuring to focus on high-margin electronic components and green lighting technologies.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 492.7M | 291.6M | 290.4M | 268.1M | -18.4% |
| EPS | 0.02 | 0.00 | 0.00 | 0.00 | -43.8% |
| Shares | 2.5B | 2.5B | 2.5B | 2.5B | 0.0% |
| Debt | 181.9M | 135.0M | 134.7M | 130.6M | -10.5% |
| Equity | 351.9M | 357.3M | 363.1M | 371.9M | 1.9% |
| Op CF | -6.0M | -0.6M | 13.3M | 16.9M | 27.3% |
| Inv CF | -3.8M | -4.6M | 1.3M | 0.1M | — |
| Fin CF | -62.3M | -60.0M | -7.1M | -6.1M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 600651.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600651.SS | Shanghai Feilo Acoustics Co.,Ltd(you) | $2.1B | 6 | STRONG SELL |
| 603219.SS | Ningbo Fujia Industrial Co., Ltd. | $1.2B | 14 | STRONG SELL |
| 600839.SS | Sichuan Changhong Electric Co.,Ltd. | $4.7B | 9 | STRONG SELL |
| 603355.SS | Kingclean Electric Co.,Ltd | $2.7B | 27 | SELL |
| 300894.SZ | Marssenger Kitchenware Co., Ltd. | $699M | 10 | STRONG SELL |
| 002677.SZ | Zhejiang Meida Industrial Co., Ltd. | $581M | 6 | STRONG SELL |
| 002489.SZ | Yotrio Group Co., Ltd. | $942M | 17 | STRONG SELL |
| 001238.SZ | Zhejiang Zhengte Co., Ltd. | $669M | 11 | STRONG SELL |
| 603226.SS | Vohringer Home Technology Co.,Ltd. | $2.8B | 29 | SELL |
| 300911.SZ | Zhejiang Entive Smart Kitchen Appliance Co., Ltd. | $596M | 0 | STRONG SELL |
Peer medians: ROE 7.0% · P/E 23.6x · Gross margin 22.3%