Loading…
Employees: 7,434
Size Changhong Huayi Compressor (000404.SZ) is a China Industrials company (Industrial Machinery) with a market value of $665M, the 3188th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.34 on 6 Nov 2026.
Performance Over six months the shares fell 23.4%, against -29.4% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 20 in its peer set.
Growth Revenue fell 6.2% over the last twelve months (peer median +9.7%); the operating margin is 4.9% (peer median 9.9%).
Valuation It trades at 8.8× forward earnings against a peer median of 16.3× (cheapest of 12).
Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.8 points above its cost of capital (5.0% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥10.9B | CN¥11.8B | CN¥11.9B | CN¥12.9B | CN¥13.1B |
| Revenue growth | — | -2% | -7% | -2% | — |
| Gross profit | CN¥1.63B | CN¥1.55B | CN¥1.47B | CN¥1.63B | CN¥1.33B |
| EBITDA | n/a | CN¥831M | CN¥801M | CN¥719M | CN¥537M |
| Net income | CN¥445M | CN¥495M | CN¥450M | CN¥362M | CN¥263M |
| Free cash flow | CN¥736M | CN¥711M | CN¥506M | CN¥590M | CN¥671M |
| Capital expenditure | CN¥317M | CN¥318M | CN¥321M | CN¥338M | CN¥251M |
| Total debt | CN¥5.24B | CN¥5.10B | CN¥4.32B | CN¥4.94B | CN¥4.54B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000404.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.5% | -12.7% | 8th highest of 21 |
| 6-month return | -23.4% | -29.4% | 7th highest of 20 |
| Distance from 52-week high | -36.7% | -47.2% | 5th highest of 21 |
| Revenue growth (TTM) | -6.2% | +9.7% | 4th lowest of 21 |
| Operating margin | 4.9% | 9.9% | 7th lowest of 21 |
| Forward P/E | 8.8× | 16.3× | cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | -12.1% | 7.7% | least demanding of 11 |
| Growth delivered (Del g) | +2.4% | +9.8% | 2nd lowest of 11 |
| Hurdle (Req g minus delivered) | -14.6 pp | +1.3 pp | 2nd least demanding of 11 |
| ROIC minus cost of capital | +2.8 pp | -3.2 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Changhong Huayi Compressor 000404.SZ | China | $665M | -23% | -6% | 5% | 8.8× | -12.1% | +2.4% |
| Shenyang Blue Silver Industry Automatic Equipment 300293.SZ | China | $662M | -30% | -9% | -13% | n/a | n/a | n/a |
| Shandong Weida Machinery 002026.SZ | China | $660M | -19% | +2% | 9% | 16.3× | 7.5% | -2.4% |
| Guangdong Kingstrong Technology 300629.SZ | China | $669M | -29% | +33% | 33% | n/a | 19.8% | +4.2% |
| Suntar Environmental Technology 688101.SS | China | $670M | -39% | +20% | 24% | n/a | 0.0% | +11.8% |
| J.S. Corrugating Machinery 000821.SZ | China | $659M | -33% | -32% | 1% | 16.6× | n/a | n/a |
| RS Technologies 3445.T | Japan | $671M | -34% | +18% | 19% | 9.9× | 2.8% | +24.6% |
| Zhejiang Xinxing Tools 301677.SZ | China | $658M | n/a | +10% | 40% | n/a | -1.0% | +9.6% |
| Shuifa Gas 603318.SS | China | $656M | -45% | -4% | 11% | n/a | n/a | n/a |
| Aeroflex Industries AEROFLEX.NS | India | $676M | +17% | +55% | 20% | 55.2× | n/a | n/a |
| Zhejiang Hongchang Electrical Technology 301008.SZ | China | $677M | +9% | +3% | -1% | n/a | n/a | n/a |
| Houpu Clean Energy 300471.SZ | China | $678M | -20% | +8% | 1% | n/a | 41.1% | +17.7% |
| Techman Robot 4585.TW | Taiwan | $652M | -40% | +33% | 6% | n/a | 50.5% | +9.4% |
| Glotech Industrial 5475.TWO | Taiwan | $652M | -56% | +101% | 12% | n/a | n/a | n/a |
| Krn Heat Exchanger and Refrigeration KRN.NS | India | $651M | -29% | +77% | 15% | 46.3× | n/a | n/a |
| Shin Zu Shing 3376.TW | Taiwan | $648M | -47% | -22% | -2% | 11.1× | n/a | n/a |
| JDM Jingda Machine (Ningbo) 603088.SS | China | $682M | -24% | +13% | 13% | 10.4× | 20.3% | +15.9% |
| Furukawa 5715.T | Japan | $646M | -24% | +10% | 6% | 12.8× | n/a | n/a |
| Nissei ASB Machine Co 6284.T | Japan | $686M | -9% | +9% | 26% | 11.3× | 0.4% | +9.9% |
| Xinlei Compressor 301317.SZ | China | $687M | -49% | +10% | -16% | 51.8× | n/a | n/a |
| Jiangyin Haida Rubber & Plastic 300320.SZ | China | $687M | -20% | +2% | 9% | 18.1× | 7.9% | +9.7% |