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Zhejiang holding company making hydropower turbines/generators and recycling non-ferrous metals from hazardous waste.
Zhejiang holding company making hydropower turbines/generators and recycling non-ferrous metals from hazardous waste.
Moat: narrow (regulatory licence, scale). Hazardous-waste recycling permits are limited and capital-intensive, a barrier smaller players lack.
Headquarters: Shaoxing, Zhejiang, China · Employees: 7,143
Size Zhefu (002266.SZ) is a China Industrials company (Electrical Products) with a market value of $3.09B, the 839th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.91 on 6 Nov 2026.
Performance Over six months the shares fell 25.9%, against -30.9% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 19 in its peer set.
Growth Revenue grew 26.9% over the last twelve months (peer median +23.5%); the operating margin is 7.7% (peer median 8.8%).
Valuation It trades at 9.3× forward earnings against a peer median of 18.9× (3rd cheapest of 19).
Capital Return on invested capital runs 2.4 points above its cost of capital (7.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥27.7B | CN¥23.2B | CN¥20.9B | CN¥18.9B | CN¥16.7B |
| Revenue growth | — | +11% | +10% | +13% | — |
| Gross profit | CN¥4.39B | CN¥2.62B | CN¥2.32B | CN¥2.28B | CN¥2.75B |
| EBITDA | n/a | CN¥1.64B | CN¥1.43B | CN¥1.32B | CN¥1.98B |
| Net income | CN¥2.04B | CN¥1.12B | CN¥971M | CN¥1.03B | CN¥1.47B |
| Free cash flow | -CN¥10.7B | -CN¥13.1B | CN¥772M | CN¥782M | -CN¥204M |
| Capital expenditure | CN¥579M | CN¥654M | CN¥826M | CN¥533M | CN¥655M |
| Total debt | CN¥13.0B | CN¥11.8B | CN¥9.97B | CN¥8.37B | 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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Zhefu 002266.SZ | $3.09B | -26% | +27% | 8% | 9.3× | n/a |
| Dongfang Electric 600875.SS | $12.9B | -42% | +2% | 5% | 16.1× | n/a |
| Harbin Electric 1133.HK | $3.27B | -54% | +13% | 7% | 6.2× | n/a |
| GE Vernova GEV | $205B | -26% | +17% | 7% | 32.2× | 24.9% |
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 | 002266.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.6% | -8.2% | 6th lowest of 21 |
| 6-month return | -25.9% | -30.9% | 10th highest of 19 |
| Distance from 52-week high | -33.4% | -47.0% | 6th highest of 21 |
| Revenue growth (TTM) | +26.9% | +23.5% | 10th highest of 21 |
| Operating margin | 7.7% | 8.8% | 11th highest of 21 |
| Forward P/E | 9.3× | 18.9× | 3rd cheapest of 19 |
| ROIC minus cost of capital | +2.4 pp | -1.6 pp | 7th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhefu 002266.SZ | China | $3.09B | -26% | +27% | 8% | 9.3× | n/a | n/a |
| Maruwa 5344.T | Japan | $3.12B | -46% | +26% | 36% | 19.5× | n/a | n/a |
| Shenzhen Woer Heat-Shrinkable Material 002130.SZ | China | $2.98B | -37% | +20% | 15% | 16.4× | 1.8% | +15.6% |
| TDG 600330.SS | China | $2.96B | -43% | +21% | -19% | 320.4× | n/a | n/a |
| Harbin Electric 1133.HK | Hong Kong | $3.27B | -54% | +13% | 7% | 6.2× | n/a | n/a |
| Zhuhai CosMX Battery 688772.SS | China | $2.88B | +2% | +18% | -2% | 144.1× | n/a | n/a |
| Time Interconnect Technology 1729.HK | Hong Kong | $2.84B | -57% | +84% | 7% | 10.8× | n/a | n/a |
| Mabuchi Motor 6592.T | Japan | $2.84B | +18% | +12% | 12% | 17.9× | 5.8% | +11.5% |
| T&S Communications 300570.SZ | China | $3.36B | -25% | +40% | 18% | 47.3× | 43.8% | +21.8% |
| Taiyo 4626.T | Japan | $3.36B | -5% | +18% | 25% | 17.0× | 5.0% | +11.2% |
| Ming Yang Smart Energy 601615.SS | China | $2.80B | -47% | +8% | -4% | 19.4× | n/a | n/a |
| Shenzhen Senior Technology Material 300568.SZ | China | $2.80B | -23% | +45% | 10% | 27.4× | n/a | n/a |
| Shijiazhuang Shangtai Technology 001301.SZ | China | $2.80B | -16% | +34% | 13% | 16.6× | n/a | n/a |
| Tianneng Battery 688819.SS | China | $2.79B | -37% | +2% | 0% | 10.9× | -7.9% | +5.4% |
| Fortior Technology (Shenzhen) 688279.SS | China | $2.76B | 0% | +46% | 25% | 62.7× | n/a | n/a |
| Luoyang Bearing 301699.SZ | China | $3.45B | n/a | +29% | 11% | n/a | n/a | n/a |
| Dhoot Transmission DHOOTTRANS.NS | India | $3.46B | n/a | +31% | 13% | 52.6× | n/a | n/a |
| Qingdao Hanhe Cable 002498.SZ | China | $2.74B | -37% | +21% | 3% | 18.3× | n/a | n/a |
| Zhongshan Broad-Ocean Motor 002249.SZ | China | $2.73B | -21% | +1% | 6% | n/a | 7.7% | +9.5% |
| Sany Renewable Energy 688349.SS | China | $3.50B | -22% | +30% | 2% | 21.7× | n/a | n/a |
| LS 006260.KS | South Korea | $3.51B | -62% | +30% | 4% | 8.0× | n/a | n/a |