Which companies are Shandong Mining Machinery's closest peers?

The cockpit's peer set: Niutech Technology (688309.SS), Xiamen XGMA Machinery (600815.SS), Shanghai Chuangli (603012.SS), VBG (VBG-B.ST), Wetown Electric (688226.SS), Jinxi Axle (600495.SS), Hangzhou Advance Gearbox (601177.SS), Gemac Engineering Machinery (301048.SZ).

Is Shandong Mining Machinery expensive compared with its peers?

On ev / sales it trades at 2.4× against a peer median of 2.5×, 10th cheapest of 21 in its peer set.

How has Shandong Mining Machinery stock performed?

Over six months to 6 Nov 2026 the shares returned -14.8% against -14.5% for the median peer; over one year -26.4%.

← CockpitCompetitor Analysis › 002526.SZ Shandong Mining Machinery Group Co., Ltd. Class AOpen in the cockpit ↗

Shandong Mining Machinery Group Co., Ltd. Class A002526.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Trucks/Construction/Farm Machinery

Momentum leader 84

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$754M

US dollars, full cap

Free float

70%

of shares outstanding

$/day

$26.7M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-4.0 pp

WACC 6.3%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥2.82

1D-2.1%

1W-4.4%

1M+9.7%

3M+4.8%

6M-14.8%

YTD-21.7%

1Y-26.4%

ATR %5.1%

52w lowhigh31.2% off high

What Shandong Mining Machinery does

Employees: 2,640

Shandong Mining Machinery at a glance

Size Shandong Mining Machinery (002526.SZ) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $754M, the 2893rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.82 on 6 Nov 2026.

Performance Over six months the shares fell 14.8%, against -14.5% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue fell 6.0% over the last twelve months (peer median +12.3%); the operating margin is 1.0% (peer median 4.3%).

Valuation It trades at 2.4× enterprise value to sales against a peer median of 2.5× (10th cheapest of 21).

Capital Return on invested capital runs 4.0 points below its cost of capital (6.3% WACC).

Relative performance

Six months, rebased to 100: Shandong Mining Machinery against the median of its 20 peers (local-currency closes).

Shandong Mining Machinery financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥2.04B	CN¥2.12B	CN¥2.37B	CN¥2.69B	CN¥2.38B
Revenue growth	—	-11%	-12%	+13%	—
Gross profit	CN¥493M	CN¥407M	CN¥467M	CN¥604M	CN¥508M
EBITDA	n/a	CN¥153M	CN¥183M	CN¥276M	CN¥261M
Net income	CN¥36.6M	CN¥123M	CN¥113M	CN¥172M	CN¥115M
Free cash flow	-CN¥539M	-CN¥217M	CN¥10.4M	-CN¥395M	-CN¥367M
Capital expenditure	CN¥117M	CN¥156M	CN¥196M	CN¥244M	CN¥183M
Total debt	CN¥518M	CN¥483M	CN¥584M	CN¥625M	CN¥579M

Quarterly statements and history in the cockpit →

Shandong Mining Machinery 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

Up and to the right = strong over both horizons. Shandong Mining Machinery is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shandong Mining Machinery is the large dot.

Shandong Mining Machinery competitors and peer comparison

How Shandong Mining Machinery 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.

Shandong Mining Machinery against its 20 peers (data as of 6 Nov 2026)
Measure	002526.SZ	Peer median	Rank in peer set
1-month return	+9.7%	-7.3%	5th highest of 21
6-month return	-14.8%	-14.5%	11th highest of 21
Distance from 52-week high	-31.2%	-30.9%	10th lowest of 21
Revenue growth (TTM)	-6.0%	+12.3%	4th lowest of 21
Operating margin	1.0%	4.3%	6th lowest of 21
EV / Sales	2.4×	2.5×	10th cheapest of 21
ROIC minus cost of capital	-4.0 pp	-2.8 pp	8th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Shandong Mining Machinery 002526.SZ	China	$754M	-15%	-6%	1%	2.4×	n/a	n/a
Niutech Technology 688309.SS	China	$753M	-10%	+79%	26%	9.9×	n/a	n/a
Xiamen XGMA Machinery 600815.SS	China	$756M	-36%	+21%	-21%	6.9×	n/a	n/a
Shanghai Chuangli 603012.SS	China	$738M	-12%	-17%	5%	2.2×	8.1%	+2.8%
VBG VBG-B.ST	Sweden	$734M	-16%	+5%	10%	1.4×	2.7%	+11.4%
Wetown Electric 688226.SS	China	$729M	-55%	+54%	3%	1.4×	n/a	n/a
Jinxi Axle 600495.SS	China	$728M	-6%	+19%	-1%	2.5×	22.1%	+2.6%
Hangzhou Advance Gearbox 601177.SS	China	$786M	-19%	+1%	4%	2.5×	14.5%	+4.6%
Gemac Engineering Machinery 301048.SZ	China	$801M	-8%	+7%	8%	1.4×	4.1%	+4.0%
Greenworks (Jiangsu) 301260.SZ	China	$804M	-35%	-1%	-8%	1.4×	n/a	n/a
Manitowoc MTW	United States	$808M	-3%	+9%	3%	0.5×	11.2%	+9.2%
Jianglong Shipbuilding 300589.SZ	China	$699M	-25%	-9%	-12%	5.5×	n/a	n/a
Power HF 605100.SS	China	$816M	-35%	+17%	2%	5.8×	n/a	n/a
Endur ENDUR.OL	Norway	$696M	+7%	+88%	5%	1.0×	8.8%	+88.7%
Astec Industries ASTE	United States	$822M	-33%	+19%	5%	0.7×	9.5%	+6.6%
Chengdu Xiling Power Science & Technology 300733.SZ	China	$831M	-9%	+4%	3%	3.1×	n/a	n/a
Douglas Dynamics PLOW	United States	$839M	-20%	+23%	13%	1.5×	5.6%	+6.4%
Ajax Engineering AJAXENGG.NS	India	$676M	+1%	+1%	12%	3.0×	25.4%	+23.2%
engcon ENGCON-B.ST	Sweden	$876M	-13%	+16%	16%	4.2×	7.0%	+11.9%
Knowledge Marine & Engineering Works KMEW.NS	India	$876M	+44%	+57%	40%	25.6×	n/a	n/a
CSBC Corp. Taiwan 2208.TW	Taiwan	$642M	-18%	-15%	-5%	2.9×	n/a	n/a

Questions

Which companies are Shandong Mining Machinery's closest peers?: The cockpit's peer set: Niutech Technology (688309.SS), Xiamen XGMA Machinery (600815.SS), Shanghai Chuangli (603012.SS), VBG (VBG-B.ST), Wetown Electric (688226.SS), Jinxi Axle (600495.SS), Hangzhou Advance Gearbox (601177.SS), Gemac Engineering Machinery (301048.SZ).
Is Shandong Mining Machinery expensive compared with its peers?: On ev / sales it trades at 2.4× against a peer median of 2.5×, 10th cheapest of 21 in its peer set.
How has Shandong Mining Machinery stock performed?: Over six months to 6 Nov 2026 the shares returned -14.8% against -14.5% for the median peer; over one year -26.4%.