China National Electric Apparatus Research Institute Co., Ltd. (688128.SS)
Guangzhou, CN
China National Electric Apparatus Research Institute Co., Ltd. (CNARI) specializes in providing comprehensive solutions across several key domains: quality and technology services, intelligent equipment, eco-friendly coatings, and polyester resins. Its extensive portfolio of quality and technical services encompasses a wide range of offerings, including testing, certification, standardization, calibration, inspection, proficiency testing, laboratory technical assistance, and training programs. These critical services cater to a diverse array of cutting-edge sectors, such as smart homes, intelligent vehicles, 5G communications, various intelligent equipment applications, healthcare, consumer goods, and rail transportation. Beyond services, CNARI also develops and delivers advanced intelligent equipment. This includes complete factory solutions for smart home appliances, sophisticated excitation systems, automated testing platforms designed for next-generation energy batteries, state-of-the-art power electronics apparatus, specialized intelligent automotive equipment, and integrated automated storage and retrieval (AS/RS) along with logistics systems. Furthermore, the company produces polyester resins and a variety of powder and liquid coatings. Established in Guangzhou, China, in 1958, the Institute boasts a long history of innovation.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.77% | -7.72% | -5.70% | -18.73% | -13.13% | -14.03% | +1.13% | +2.63% | +53.56% | -7.13% | -7.13% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Electrical Equipment & Parts: +13.1%+5.4% Q1'26: +4.2% (vs Q1'25)
-
EPS growth Electrical Equipment & Parts: +22.4%+14.8% Q1'26: +6.5% (vs Q1'25)
-
FCF margin FCF growth · Electrical Equipment & Parts: +27.2%+20.9% ★ Q1'26: +0.9% (vs Q1'25)
-
EBIT margin Electrical Equipment & Parts: +8.2%+12.4% ★ Q1'26: +11.4% (vs Q1'25)
-
ROIC Electrical Equipment & Parts: +6.4%+18.2% ★ Q1'26: +15.8% (vs Q1'25)
-
Share dilution Electrical Equipment & Parts: +0.0%-0.4% ★ Q1'26: -0.8% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×0.87× ★ Q1'26: 0.71× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|
| Revenue |
2.75B
est: 2.85B (-3.3%)
|
2.52B
est: 3.14B (-19.6%)
|
3.41B
est: 3.43B (-0.8%)
|
3.79B
est: 4.14B (-8.4%)
|
4.17B
est: 4.64B (-10.1%)
|
4.52B
est: 4.77B (-5.2%)
|
4.77B
est: 5.39B (-11.6%)
|
6.05B
6.05B – 6.05B
+12.1% YoY
|
| EBITDA |
308.18M
est: 319.51M (-3.5%)
|
302.25M
est: 352.10M (-14.2%)
|
334.62M
est: 385.65M (-13.2%)
|
386.43M
est: 465.05M (-16.9%)
|
495.67M
est: 521.08M (-4.9%)
|
555.06M
est: 1.00B (-44.6%)
|
719.63M
est: 1.13B (-36.5%)
|
1.27B
1.27B – 1.27B
+12.1% YoY
|
| EBIT |
248.36M
est: 246.80M (+0.6%)
|
233.61M
est: 271.97M (-14.1%)
|
256.18M
est: 297.88M (-14.0%)
|
298.97M
est: 359.21M (-16.8%)
|
386.46M
est: 402.50M (-4.0%)
|
427.06M
est: 847.39M (-49.6%)
|
591.63M
est: 957.87M (-38.2%)
|
1.07B
1.07B – 1.07B
+12.1% YoY
|
| Net Income |
252.17M
est: 239.62M (+5.2%)
|
282.71M
est: 276.17M (+2.4%)
|
315.06M
est: 349.28M (-9.8%)
|
363.31M
est: 400.04M (-9.2%)
|
410.09M
est: 442.69M (-7.4%)
|
467.05M
est: 489.45M (-4.6%)
|
532.63M
est: 574.39M (-7.3%)
|
675.52M
675.52M – 675.52M
+17.6% YoY
|
| SGA |
388.00M
est: 367.30M (+5.6%)
|
323.05M
est: 404.77M (-20.2%)
|
408.11M
est: 443.33M (-7.9%)
|
478.58M
est: 534.60M (-10.5%)
|
560.28M
est: 599.03M (-6.5%)
|
620.18M
est: 527.60M (+17.5%)
|
169.24M
est: 596.39M (-71.6%)
|
668.44M
668.44M – 668.44M
+12.1% YoY
|
| EPS |
0.62
est: 0.59 (+5.7%)
|
0.70
est: 0.68 (+2.9%)
|
0.78
est: 0.86 (-9.3%)
|
0.90
est: 0.99 (-8.6%)
|
1.01
est: 1.09 (-7.3%)
|
1.15
est: 1.21 (-5.0%)
|
1.32
est: 1.42 (-7.0%)
|
1.67
1.67 – 1.67
+17.6% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-28 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-27 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-26 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-25 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-22 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-21 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-20 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-19 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-18 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-04-30 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-29 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-28 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-27 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-24 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-22 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-21 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-20 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-17 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-16 | B- | 2/5 | 3/5 | 4/5 | 1/5 | 1/5 | 3/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 87.3K | 0.39% |
| 2 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 47.3K | 0.29% |
| 3 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 54.0K | 0.28% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Baojin Han | Chief Financial Officer & Accounting Supervisor | — | male |
| Chuanhao Chen | Deputy General Manager | — | male |
| Junguang Sun | Deputy General Manager | — | male |
| Li Yi | Deputy General Manager | — | male |
| Liu Wang | Board Secretary | — | female |
| Lixin Chen | GM & Director | — | male |
| Zebo Gu | Deputy General Manager | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 688128.SS
Short-term intention
Target Price Distribution
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