Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688676.SS
HOLDAPPROVEHainan Jinpan Smart Technology Co., Ltd. · Industrials · China · $6.8B · Avg Vol: $277M/d
Jinpan is a leading global manufacturer of dry-type transformers, which are critical for data centers, renewable energy integration, and power grid modernization. The global structural shortage of electrical steel and manufacturing capacity for transformers creates an exceptional pricing power environment. Jinpan's established overseas factories (e.g., in Mexico) allow it to bypass geopolitical tariffs and benefit directly from the US and European grid infrastructure supercycle.
COMPANY DESCRIPTION
Hainan Jinpan Smart Technology Co., Ltd. designs and manufactures dry-type transformers and smart power distribution equipment. The company is a global market leader in cast resin dry-type transformers, serving high-growth sectors such as wind power, solar energy, and data centers. Its competitive moat is sustained by international safety certifications and a highly automated, digitally integrated manufacturing process.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 701M | 985M | 1.0B | 1.1B | 15.4% |
| EPS | 0.10 | 0.17 | 0.19 | 0.21 | 29.1% |
| Shares | 426M | 427M | 457M | 460M | +8.0% |
| Debt | 198M | 259M | 224M | 525M | 38.4% |
| Equity | 425M | 487M | 658M | 773M | 22.1% |
| Op CF | -15M | 30M | -5M | 89M | 71.2% |
| Inv CF | -162M | -37M | -65M | -57M | — |
| Fin CF | 137M | 36M | 36M | 302M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688676.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688676.SS | Hainan Jinpan Smart Technology Co., Ltd.(you) | $6.8B | 45 | HOLD |
| 3931.HK | CALB Group Co., Ltd. | $6.6B | 37 | HOLD |
| 600577.SS | Tongling Jingda Special Magnet Wire Co., Ltd. | $4.1B | 46 | HOLD |
| 300870.SZ | Shenzhen Honor Electronic Co., Ltd. | $6.2B | 36 | HOLD |
| 603606.SS | Ningbo Orient Wires & Cables Co.,Ltd. | $5.4B | 53 | HOLD |
| 688248.SS | China Southern Power Grid Technology Co.,Ltd | $5.1B | 52 | HOLD |
| 002851.SZ | Shenzhen Megmeet Electrical Co., LTD | $10.8B | 41 | HOLD |
| 300763.SZ | Ginlong Technologies Co., Ltd. | $6.7B | 32 | SELL |
| 002335.SZ | Kehua Data Co., Ltd. | $4.3B | 41 | HOLD |
| 301626.SZ | Suzhou Tianmai Thermal Technology Co., Ltd. | $5.7B | 35 | SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%