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← CockpitCompetitor Analysis › 000967.SZ Infore Environment Technology Group Co., Ltd. Class AOpen in the cockpit ↗

Infore Environment Technology Group Co., Ltd. Class A000967.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery

Chinese maker of street-sweeping, garbage-collection and other sanitation vehicles, which also runs city cleaning and waste services.

Momentum laggard 3
Mkt cap
$3.14B
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$46.0M
20-day average traded
Fwd P/E
26.5×
forward earnings
ROIC−WACC
-0.5 pp
WACC 7.5%
Hurdle
-0 pp
Req g minus delivered
Next earnings
179 days
4 May 2027
Close · CNYCN¥6.35
1D-3.4%
1W+1.1%
1M-17.5%
3M-26.5%
6M-53.2%
YTD-13.5%
1Y-7.7%
ATR %4.9%
52w lowhigh62.8% off high

What Infore Environment Technology does

Chinese maker of street-sweeping, garbage-collection and other sanitation vehicles, which also runs city cleaning and waste services.

Sells sanitation vehicles and equipment to city and county governments, and increasingly earns recurring fees by running street-cleaning and waste-collection contracts itself with the equipment it builds. Its truck brands include Zoomlion Environmental, and it also makes industrial fans, a legacy of its earlier business.

Products and services

  • Sanitation equipment (sweepers, refuse trucks)
  • Intelligent sanitation services (city cleaning contracts)
  • Solid-waste disposal and treatment
  • Smart sanitation cloud platform and cleaning robots
  • Industrial fans and ventilation machinery

Customers

  • City and county governments
  • Municipal sanitation bureaus
  • Contracted urban cleaning operators

Where it sits in the supply chain

  • Industrials
  • Environmental equipment and services
  • Sanitation vehicles and municipal…

What could go right

  • Spreading city cleaning outsourcing contracts
  • Overseas expansion in Southeast Asia and Africa
  • Automation of sanitation work

What could go wrong

  • Reliance on local-government budgets and payment timing
  • Cyclical demand for sanitation vehicles
  • Price competition from other sanitation-vehicle makers

Moat: narrow (scale, brand). Scale in sanitation equipment and a broad brand portfolio, but buyers are mostly price-sensitive local governments.

Headquarters: Foshan, China · Founded: 1993 · Employees: 19,767

Named competitors

Infore Environment Technology at a glance

Size Infore Environment Technology (000967.SZ) is a China Industrials company (Industrial Machinery) with a market value of $3.14B, the 824th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.35 on 6 Nov 2026.

Performance Over six months the shares fell 53.2%, against -17.4% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 20.1% over the last twelve months (peer median +14.8%); the operating margin is 7.5% (peer median 10.0%).

Valuation It trades at 26.5× forward earnings against a peer median of 23.6× (8th most expensive of 18).

Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is -0 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.5 points below its cost of capital (7.5% WACC).

Next results Next results expected around 4 May 2027 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 82000967.SZ 43
Six months, rebased to 100: Infore Environment Technology against the median of its 20 peers (local-currency closes).

Infore Environment Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥16.1BCN¥13.8BCN¥13.1BCN¥12.6BCN¥12.2B
Revenue growth—+5%+4%+3%—
Gross profitCN¥4.54BCN¥2.89BCN¥2.73BCN¥2.74BCN¥2.64B
EBITDAn/aCN¥1.94BCN¥1.54BCN¥1.55BCN¥1.59B
Net incomeCN¥689MCN¥550MCN¥514MCN¥498MCN¥419M
Free cash flowCN¥3.46B-CN¥52.6MCN¥570MCN¥284MCN¥604M
Capital expenditureCN¥1.37BCN¥997MCN¥806MCN¥1.12BCN¥1.08B
Total debtCN¥12.0BCN¥12.1BCN¥5.71BCN¥6.09BCN¥6.77B

Quarterly statements and history in the cockpit →

Infore Environment Technology 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%-40%-20%0%196926927729300024603337AIAENGCRL35326880972474601106WOR6013998996000811603629301018KAI6134000967.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Infore Environment Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×100×200×19692692772930002435326880972474WOR89960008113010186134000967.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Infore Environment Technology is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%196926927729603337AIAENGCRL2474WOR8996KAI000967.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. Infore Environment Technology is the large dot.

Infore Environment Technology competitors and peer comparison

Head to head with its named competitors (000967.SZ vs 603686.SS vs 600323.SS vs 601200.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Infore Environment Technology 000967.SZ$3.14B-53%+20%8%26.5×-0.8%
Fulongma 603686.SS$743M-37%+6%6%27.8×2.4%
Grandblue Environment 600323.SS$3.78B-3%+24%24%11.0×-4.7%
Shanghai Environment 601200.SS$1.40B-16%-10%18%14.7×-2.6%

How Infore Environment Technology 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.

Infore Environment Technology against its 20 peers (data as of 6 Nov 2026)
Measure000967.SZPeer medianRank in peer set
1-month return-17.5%-7.7%10th lowest of 21
6-month return-53.2%-17.4%lowest of 21
Distance from 52-week high-62.8%-41.2%3rd lowest of 21
Revenue growth (TTM)+20.1%+14.8%7th highest of 21
Operating margin7.5%10.0%9th lowest of 21
Forward P/E26.5×23.6×8th most expensive of 18
Growth the price implies (Req g, 7 yrs)-0.8%18.2%least demanding of 13
Growth delivered (Del g)-0.7%+11.0%3rd lowest of 13
Hurdle (Req g minus delivered)-0.1 pp+9.4 pp4th least demanding of 13
ROIC minus cost of capital-0.5 pp+0.6 pp9th lowest of 21

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
Infore Environment Technology 000967.SZChina$3.14B-53%+20%8%26.5×-0.8%-0.7%
Takasago Thermal Engineering 1969.TJapan$3.13B-21%+2%11%10.8×3.8%+9.0%
Shenzhen Zhaowei Machinery & Electronics 2692.HKHong Kong$3.16B-52%+5%9%34.8×33.0%+6.8%
Tokyo Seimitsu 7729.TJapan$3.16B-29%+17%22%15.2×16.0%+11.4%
SIASUN Robot & Automation 300024.SZChina$3.12B-11%+11%-7%235.7×n/an/a
Jack Technology 603337.SSChina$3.09B+15%+13%10%22.8×4.2%+13.3%
AIA Engineering AIAENG.NSIndia$3.08B-22%+7%24%22.8×20.4%+9.1%
Carel Industries CRL.MIItaly$3.24B-11%+17%15%30.5×23.3%+13.7%
Formosa Sumco Technology 3532.TWTaiwan$3.01B+12%+9%4%50.5×n/an/a
Bozhon Precision Industry Technology 688097.SSChina$3.00B-23%+74%7%23.6×n/an/a
Catcher Technology 2474.TWTaiwan$2.99B-14%-18%10%16.3×12.4%-25.7%
China First Heavy Industries 601106.SSChina$2.98B-36%0%0%n/an/an/a
Worthington Enterprises WORUnited States$2.98B+11%+18%6%15.7×24.7%-15.3%
SINOMACH Heavy Equipment 601399.SSChina$3.33B-28%0%4%n/an/an/a
Kaori Heat Treatment 8996.TWTaiwan$3.34B-1%+108%16%42.6×46.0%+25.9%
Moon Environment Technology 000811.SZChina$3.34B-10%+27%10%25.8×20.9%+11.8%
Jiangsu Lettall Electronic 603629.SSChina$3.41B-40%+27%34%n/a4.8%+15.0%
Guangdong Shenling Environmental Systems 301018.SZChina$3.42B-27%+45%5%64.8×n/an/a
Blue Star BLUESTARCO.NSIndia$3.43B-10%+9%5%56.0×n/an/a
Kadant KAIUnited States$3.46B-14%+17%16%21.7×15.5%+10.6%
Fuji 6134.TJapan$2.85B-23%+45%20%9.9×n/an/a

Questions

Who are Infore Environment Technology's main competitors?
Named competitors: Fulongma Group (603686.SS), Hanlan Environment (600323.SS), Shanghai Environment Group (601200.SS). The cockpit's measured peer set (industry) also includes Takasago Thermal Engineering (1969.T), Shenzhen Zhaowei Machinery & Electronics (2692.HK), Tokyo Seimitsu (7729.T), SIASUN Robot & Automation (300024.SZ), Jack Technology (603337.SS), AIA Engineering (AIAENG.NS).
Is Infore Environment Technology expensive compared with its peers?
On forward p/e it trades at 26.5× against a peer median of 23.6×, 8th most expensive of 18 in its peer set. For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is -0 pp: the price already allows for a slowdown.
How has Infore Environment Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -53.2% against -17.4% for the median peer; over one year -7.7%.

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.