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← CockpitCompetitor Analysis › 002418.SZ Zhejiang Kangsheng Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Kangsheng Co., Ltd. Class A002418.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Momentum neutral 46
Mkt cap
$632M
US dollars, full cap
Free float
45%
of shares outstanding
$/day
$28.0M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-8.3 pp
WACC 9.6%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥3.71
1D-2.9%
1W+7.2%
1M-13.9%
3M+5.1%
6M-34.2%
YTD-22.2%
1Y-12.7%
ATR %5.7%
52w lowhigh47.9% off high

What Zhejiang Kangsheng does

Employees: 3,106

Zhejiang Kangsheng at a glance

Size Zhejiang Kangsheng (002418.SZ) is a China Industrials company (Industrial Machinery) with a market value of $632M, the 3294th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.71 on 6 Nov 2026.

Performance Over six months the shares fell 34.2%, against -24.4% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 13.9% over the last twelve months (peer median +10.5%); the operating margin is 1.5% (peer median 10.6%).

Valuation It trades at 1.8× enterprise value to sales against a peer median of 2.4× (9th cheapest of 21).

Capital Return on invested capital runs 8.3 points below its cost of capital (9.6% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 75002418.SZ 60
Six months, rebased to 100: Zhejiang Kangsheng against the median of its 20 peers (local-currency closes).

Zhejiang Kangsheng financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.02BCN¥2.82BCN¥2.61BCN¥2.29BCN¥3.14B
Revenue growth—+8%+14%-27%—
Gross profitCN¥368MCN¥278MCN¥225MCN¥184MCN¥217M
EBITDAn/aCN¥134MCN¥547,500CN¥119MCN¥132M
Net incomeCN¥24.4MCN¥25.1M-CN¥98.3MCN¥21.8MCN¥17.9M
Free cash flow-CN¥153M-CN¥96.5M-CN¥5.10MCN¥151M-CN¥36.7M
Capital expenditureCN¥295MCN¥111MCN¥48.8MCN¥39.3MCN¥56.0M
Total debtCN¥1.13BCN¥874MCN¥663MCN¥552MCN¥1.02B

Quarterly statements and history in the cockpit →

Zhejiang Kangsheng 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

-60%-40%-20%0%-20%0%300066594327226877001223MANINDS421630044100255968841957153376002903KRN3010285475458579956033184506002418.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Kangsheng is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×5×10×300066594327226877001223421630044100255968841957153376002903KRN30102854754585603318002418.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Kangsheng is the large dot.

Zhejiang Kangsheng competitors and peer comparison

How Zhejiang Kangsheng 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.

Zhejiang Kangsheng against its 20 peers (data as of 6 Nov 2026)
Measure002418.SZPeer medianRank in peer set
1-month return-13.9%-15.1%11th highest of 21
6-month return-34.2%-24.4%7th lowest of 21
Distance from 52-week high-47.9%-48.6%11th highest of 21
Revenue growth (TTM)+13.9%+10.5%10th highest of 21
Operating margin1.5%10.6%6th lowest of 21
EV / Sales1.8×2.4×9th cheapest of 21
ROIC minus cost of capital-8.3 pp-3.6 pp4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Zhejiang Kangsheng 002418.SZChina$632M-34%+14%2%1.8×n/an/a
Sanchuan Wisdom Technology 300066.SZChina$632M-35%+16%-1%2.8×n/an/a
Noritz 5943.TJapan$633M-3%-1%2%0.4×4.1%+1.9%
Chongqing Machinery & Electric 2722.HKHong Kong$634M-61%+20%1%0.5×13.5%+8.8%
Obara 6877.TJapan$630M+12%+17%17%1.1×-0.2%+6.9%
OK Science & Technology 001223.SZChina$629M-19%+10%-5%4.3×n/an/a
Man Industries (India) MANINDS.NSIndia$629M+49%+11%11%1.5×n/an/a
Asahi Yukizai 4216.TJapan$638M-8%+1%11%1.0×-1.8%+8.4%
Ningbo BaoSi Energy Equipment 300441.SZChina$640M-5%0%12%2.6×n/an/a
Jiangsu Yawei Machine Tool 002559.SZChina$624M-25%+7%2%1.6×24.8%+6.9%
Nextool Technology 688419.SSChina$621M-14%+36%24%8.7×34.4%+11.8%
Furukawa 5715.TJapan$646M-24%+10%6%0.8×n/an/a
Shin Zu Shing 3376.TWTaiwan$648M-47%-22%-2%1.9×n/an/a
Yuhuan CNC Machine Tool 002903.SZChina$616M-28%-26%-18%10.6×n/an/a
Krn Heat Exchanger and Refrigeration KRN.NSIndia$651M-29%+77%15%6.8×n/an/a
Xiamen Dingrongyan Technology 301028.SZChina$614M-25%+15%16%3.2×n/an/a
Glotech Industrial 5475.TWOTaiwan$652M-56%+101%12%16.9×n/an/a
Techman Robot 4585.TWTaiwan$652M-40%+33%6%10.9×50.5%+9.4%
Valqua 7995.TJapan$611M-6%+15%15%1.5×11.3%+5.5%
Shuifa Gas 603318.SSChina$656M-45%-4%11%2.4×n/an/a
Gfc 4506.TWOTaiwan$608M-5%+4%22%2.4×-9.7%+6.5%

Questions

Which companies are Zhejiang Kangsheng's closest peers?
The cockpit's peer set: Sanchuan Wisdom Technology (300066.SZ), Noritz (5943.T), Chongqing Machinery & Electric (2722.HK), Obara (6877.T), OK Science & Technology (001223.SZ), Man Industries (India) (MANINDS.NS), Asahi Yukizai (4216.T), Ningbo BaoSi Energy Equipment (300441.SZ).
Is Zhejiang Kangsheng expensive compared with its peers?
On ev / sales it trades at 1.8× against a peer median of 2.4×, 9th cheapest of 21 in its peer set.
How has Zhejiang Kangsheng stock performed?
Over six months to 6 Nov 2026 the shares returned -34.2% against -24.4% for the median peer; over one year -12.7%.

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.