Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
601179.SS
HOLDREMOVEChina XD Electric Co., Ltd · Industrials · China · $12.6B · Avg Vol: $463M/d
A major manufacturer of high-voltage transmission equipment. While it stands to benefit as a second-order play on the Commodity Supercycle and power grid electrification, its state-owned enterprise structure results in low ROIC and poor capital allocation, making it unsuitable for a high-conviction quality portfolio.
COMPANY DESCRIPTION
China XD Electric Co., Ltd. designs and manufactures high-voltage, extra-high-voltage, and ultra-high-voltage (UHV) power transmission and distribution equipment. The company is a primary technology provider and equipment supplier for China's national grid construction, particularly for long-distance UHV transmission lines. Its competitive moat is secured by advanced electrical engineering technologies, high entry barriers for grid-certified equipment, and strong state-backed demand.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 2.8B | 3.1B | 3.3B | 3.5B | 8.3% |
| EPS | 0.02 | 0.03 | 0.03 | 0.04 | 27.7% |
| Shares | 5.1B | 5.1B | 5.1B | 5.1B | 0.0% |
| Debt | 281M | 230M | 182M | 301M | 2.4% |
| Equity | 3.1B | 3.2B | 3.3B | 3.4B | 2.8% |
| Op CF | 82M | 187M | 517M | 405M | 70.1% |
| Inv CF | -52M | 297M | -106M | -807M | — |
| Fin CF | 222M | -121M | -260M | -3M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 601179.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 601179.SS | China XD Electric Co., Ltd(you) | $12.6B | 49 | HOLD |
| 600089.SS | TBEA Co., Ltd. | $18.9B | 48 | HOLD |
| 002851.SZ | Shenzhen Megmeet Electrical Co., LTD | $10.8B | 41 | HOLD |
| 301358.SZ | Hunan Yuneng New Energy Battery Material Co.,Ltd. | $11.0B | 57 | HOLD |
| 601877.SS | Zhejiang Chint Electrics Co., Ltd. | $9.3B | 56 | HOLD |
| 688676.SS | Hainan Jinpan Smart Technology Co., Ltd. | $6.8B | 45 | HOLD |
| 601126.SS | Beijing Sifang Automation Co.,Ltd | $9.6B | 62 | HOLD |
| 002028.SZ | Sieyuan Electric Co., Ltd. | $23.4B | 57 | HOLD |
| 688777.SS | Supcon Technology Co.,Ltd | $10.0B | 33 | SELL |
| 603606.SS | Ningbo Orient Wires & Cables Co.,Ltd. | $5.4B | 53 | HOLD |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%