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← CockpitCompetitor Analysis › 000530.SZ Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. Class AOpen in the cockpit ↗

Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. Class A000530.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Momentum leader 100
Mkt cap
$833M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$260M
20-day average traded
Fwd P/E
79.1×
forward earnings
ROIC−WACC
-2.9 pp
WACC 5.2%
Hurdle
-0 pp
Req g minus delivered
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥8.70
1D-3.8%
1W+9.8%
1M+65.4%
3M+73.3%
6M+47.2%
YTD+18.9%
1Y+24.1%
ATR %8.7%
52w lowhigh8.7% off high

What Bingshan Refrigeration & Heat Transfer Technologies does

Employees: 4,245

Bingshan Refrigeration & Heat Transfer Technologies at a glance

Size Bingshan Refrigeration & Heat Transfer Technologies (000530.SZ) is a China Industrials company (Industrial Machinery) with a market value of $833M, the 2660th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.70 on 6 Nov 2026.

Performance Over six months the shares gained 47.2%, against -19.0% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue fell 7.9% over the last twelve months (peer median +7.7%); the operating margin is 0.3% (peer median 8.9%).

Valuation It trades at 79.1× forward earnings against a peer median of 20.0× (most expensive of 14).

Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -0 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.9 points below its cost of capital (5.2% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026000530.SZ 144Peer median 80
Six months, rebased to 100: Bingshan Refrigeration & Heat Transfer Technologies against the median of its 20 peers (local-currency closes).

Bingshan Refrigeration & Heat Transfer Technologies financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.08BCN¥4.39BCN¥4.52BCN¥4.80BCN¥2.89B
Revenue growth—-3%-6%+66%—
Gross profitCN¥766MCN¥689MCN¥711MCN¥741MCN¥316M
EBITDAn/aCN¥198MCN¥202MCN¥219M-CN¥138M
Net incomeCN¥33.1MCN¥62.0MCN¥110MCN¥49.4MCN¥18.7M
Free cash flowCN¥114M-CN¥38.9MCN¥411M-CN¥69.4MCN¥2.25M
Capital expenditureCN¥126MCN¥193MCN¥78.7MCN¥89.3MCN¥50.7M
Total debtCN¥1.50BCN¥1.65BCN¥1.62BCN¥1.95BCN¥1.84B

Quarterly statements and history in the cockpit →

Bingshan Refrigeration & Heat Transfer Technologies competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%0%+50%30015463400005510826KIRLPNU7795002884HMT00254300077777516315603131600468688305300400603901603408002870000530.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Bingshan Refrigeration & Heat Transfer Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%25×50×75×63400005510826KIRLPNU779500288400254300077777516315688305603901000530.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bingshan Refrigeration & Heat Transfer Technologies is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%30015463400005510826KIRLPNU002884HMT77516315600468300400603901002870000530.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Bingshan Refrigeration & Heat Transfer Technologies is the large dot.

Bingshan Refrigeration & Heat Transfer Technologies competitors and peer comparison

How Bingshan Refrigeration & Heat Transfer Technologies compares with its peers

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.

Bingshan Refrigeration & Heat Transfer Technologies against its 20 peers (data as of 6 Nov 2026)
Measure000530.SZPeer medianRank in peer set
1-month return+65.4%-8.4%highest of 21
6-month return+47.2%-19.0%highest of 21
Distance from 52-week high-8.7%-45.3%highest of 21
Revenue growth (TTM)-7.9%+7.7%6th lowest of 21
Operating margin0.3%8.9%6th lowest of 21
Forward P/E79.1×20.0×most expensive of 14
Growth the price implies (Req g, 7 yrs)20.4%15.4%7th most demanding of 15
Growth delivered (Del g)+20.5%+5.8%2nd highest of 15
Hurdle (Req g minus delivered)-0.1 pp+7.2 pp7th least demanding of 15
ROIC minus cost of capital-2.9 pp-2.8 pp10th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Bingshan Refrigeration & Heat Transfer Technologies 000530.SZChina$833M+47%-8%0%79.1×20.4%+20.5%
Shenzhen Riland Industry 300154.SZChina$831M+41%-2%5%n/a44.6%+10.0%
Shibuya 6340.TJapan$839M+40%+5%10%11.3×-0.2%+5.5%
Create Technology & Science 000551.SZChina$842M-29%+15%11%15.2×-0.5%+5.7%
Tiangong International 0826.HKHong Kong$843M-28%+8%11%8.8×5.7%-2.7%
Kirloskar Pneumatic KIRLPNU.NSIndia$846M-23%+9%18%29.0×26.3%+16.8%
Eternal Precision Mechanics 7795.TWTaiwan$819M-9%-12%18%34.0×n/an/a
Guangdong LingXiao Pump Industry 002884.SZChina$848M-16%+8%25%13.2×-5.6%+3.7%
HMT HMT.NSIndia$849M-15%+9%-82%n/a61.3%-6.9%
Guangdong Vanward New Electric 002543.SZChina$849M-17%-12%-3%20.1×n/an/a
SUFA Technology Industry Co., Ltd., CNNC 000777.SZChina$850M-25%-25%2%37.2×n/an/a
Horng Terng Automation 7751.TWOTaiwan$817M-62%+150%35%20.8×23.2%+13.5%
Towa 6315.TJapan$851M-39%+29%16%15.3×18.8%+12.8%
SHANGHAI HUGONG ELECTRIC 603131.SSChina$816M-28%+4%-2%n/an/an/a
CGN Nuclear Technology Development 000881.SZChina$816M-21%-7%-8%n/an/an/a
Tianjin Benefo Tejing Electric 600468.SSChina$852M-28%+16%0%n/a38.3%+0.2%
KEDE Numerical Control 688305.SSChina$853M-29%-31%11%78.0×n/an/a
Shenzhen JT Automation Equipment 300400.SZChina$811M-9%+8%9%n/a34.4%-2.4%
Hangzhou Youngsun Intelligent Equipment 603901.SSChina$858M-17%+11%6%20.0×11.9%+14.7%
Runner (Xiamen) 603408.SSChina$809M+2%+14%9%11.6×-6.4%+5.9%
Guangdong Senssun Weighing Apparatus 002870.SZChina$807M-5%-12%2%n/a0.7%+44.0%

Questions

Which companies are Bingshan Refrigeration & Heat Transfer Technologies's closest peers?
The cockpit's peer set: Shenzhen Riland Industry (300154.SZ), Shibuya (6340.T), Create Technology & Science (000551.SZ), Tiangong International (0826.HK), Kirloskar Pneumatic (KIRLPNU.NS), Eternal Precision Mechanics (7795.TW), Guangdong LingXiao Pump Industry (002884.SZ), HMT (HMT.NS).
Is Bingshan Refrigeration & Heat Transfer Technologies expensive compared with its peers?
On forward p/e it trades at 79.1× against a peer median of 20.0×, most expensive of 14 in its peer set. For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -0 pp: the price already allows for a slowdown.
How has Bingshan Refrigeration & Heat Transfer Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned +47.2% against -19.0% for the median peer; over one year +24.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.