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Hunan-based construction-machinery maker known for mini-excavators and drilling rigs.
Hunan-based construction-machinery maker known for mini-excavators and drilling rigs.
Sells machines outright to dealers and contractors rather than renting them, so income follows equipment-buying cycles in construction, with overseas sales spreading some of the dependence on China's own building cycle.
Moat: narrow (scale, distribution). Strong position in China's mini-excavator segment with export growth into Southeast Asia and Europe.
Headquarters: Changsha, Hunan, China · Founded: 1999 · Employees: 5,132
Size Sunward Intelligent Equipment (002097.SZ) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $985M, the 2325th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.19 on 6 Nov 2026.
Performance Over six months the shares fell 37.6%, against -19.7% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 9.7% over the last twelve months (peer median +16.4%); the operating margin is 1.3% (peer median 9.3%).
Valuation It trades at 2.1× enterprise value to sales against a peer median of 2.4× (11th cheapest of 21).
Capital Return on invested capital runs 4.5 points below its cost of capital (5.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥7.56B | CN¥7.28B | CN¥7.10B | CN¥7.23B | CN¥7.30B |
| Revenue growth | — | +3% | -2% | -1% | — |
| Gross profit | CN¥2.05B | CN¥1.85B | CN¥1.76B | CN¥1.70B | CN¥1.23B |
| EBITDA | CN¥607M | CN¥472M | CN¥789M | CN¥780M | -CN¥588M |
| Net income | CN¥46.9M | CN¥84.2M | CN¥73.0M | CN¥50.0M | -CN¥1.14B |
| Free cash flow | -CN¥186M | -CN¥328M | CN¥89.7M | -CN¥818M | -CN¥2.05B |
| Capital expenditure | CN¥579M | CN¥718M | CN¥552M | CN¥298M | CN¥483M |
| Total debt | CN¥11.4B | CN¥11.4B | CN¥11.3B | CN¥11.4B | CN¥10.7B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Sunward Intelligent Equipment 002097.SZ | $985M | -38% | +10% | 1% | 2.1× | n/a |
| Sany Heavy Industry 600031.SS | $24.6B | -4% | +18% | 11% | 1.4× | -2.6% |
| XCMG Construction Machinery 000425.SZ | $12.6B | -28% | +8% | 8% | 1.3× | -3.2% |
| Kubota 6326.T | $18.2B | 0% | +13% | 11% | 1.6× | 7.5% |
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 | 002097.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.3% | -7.0% | 8th lowest of 21 |
| 6-month return | -37.6% | -19.7% | 3rd lowest of 21 |
| Distance from 52-week high | -55.4% | -32.4% | 3rd lowest of 21 |
| Revenue growth (TTM) | +9.7% | +16.4% | 7th lowest of 21 |
| Operating margin | 1.3% | 9.3% | 3rd lowest of 21 |
| EV / Sales | 2.1× | 2.4× | 11th cheapest of 21 |
| ROIC minus cost of capital | -4.5 pp | -0.3 pp | 8th lowest of 21 |
| EV / EBITDA | 26.6× | 11.0× | 2nd most expensive of 13 |
| Net debt / EBITDA | 15.0× | 0.7× | most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sunward Intelligent Equipment 002097.SZ | China | $985M | -38% | +10% | 1% | 2.1× | n/a | n/a |
| Titagarh Rail Systems TITAGARH.NS | India | $967M | -20% | -10% | 10% | 2.8× | 45.4% | +15.9% |
| DAEHAN SHIPBUILDING 439260.KS | South Korea | $955M | -62% | +14% | 26% | 0.5× | n/a | n/a |
| TADANO 6395.T | Japan | $1.02B | -8% | +21% | 9% | 0.6× | n/a | n/a |
| Newag NWG.WA | Poland | $1.04B | -16% | +45% | 21% | 1.5× | -4.3% | +12.6% |
| Willing New Energy 002667.SZ | China | $1.08B | -20% | +49% | -44% | 16.3× | n/a | n/a |
| Lindsay LNN | United States | $1.08B | -3% | -6% | 11% | 1.6× | 6.0% | +2.3% |
| Vossloh Aktiengesellschaft VOS.DE | Germany | $1.08B | -31% | +21% | 5% | 1.3× | 12.9% | +9.1% |
| Jupiter Wagons JWL.NS | India | $896M | -35% | -12% | 10% | 2.7× | n/a | n/a |
| HD-Hyundai Marine Engine 071970.KS | South Korea | $887M | -66% | +54% | 26% | 2.1× | -9.8% | +10.2% |
| Taiyuan Heavy Industry 600169.SS | China | $1.10B | -8% | +10% | 6% | 1.9× | -3.8% | +3.7% |
| Knowledge Marine & Engineering Works KMEW.NS | India | $876M | +44% | +57% | 40% | 25.6× | n/a | n/a |
| engcon ENGCON-B.ST | Sweden | $876M | -13% | +16% | 16% | 4.2× | 7.0% | +11.9% |
| Yamabiko 6250.T | Japan | $1.11B | +8% | +10% | 13% | 0.9× | -2.2% | +5.7% |
| Douglas Dynamics PLOW | United States | $839M | -20% | +23% | 13% | 1.5× | 5.6% | +6.4% |
| OMH SCIENCE 300486.SZ | China | $1.17B | -30% | +35% | 2% | 6.2× | 47.7% | -0.3% |
| Chengdu Xiling Power Science & Technology 300733.SZ | China | $831M | -9% | +4% | 3% | 3.1× | n/a | n/a |
| Chengdu Leejun Industrial 002651.SZ | China | $1.17B | -20% | +7% | -6% | 8.0× | 15.0% | -2.3% |
| Chengdu Yunda Technology 300440.SZ | China | $1.17B | -1% | +9% | 6% | 6.9× | 42.0% | +8.7% |
| Astec Industries ASTE | United States | $822M | -33% | +19% | 5% | 0.7× | 9.5% | +6.6% |
| Power HF 605100.SS | China | $816M | -35% | +17% | 2% | 5.8× | n/a | n/a |