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Employees: 1,763
Size Henan Tong-Da Cable (002560.SZ) is a China Industrials company (Electrical Products) with a market value of $607M, the 3389th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.57 on 6 Nov 2026.
Performance Over six months the shares fell 46.8%, against -34.2% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 15.6% over the last twelve months (peer median +7.1%); the operating margin is 1.8% (peer median 0.3%).
Valuation It trades at 20.5× forward earnings against a peer median of 22.0× (3rd cheapest of 8).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +33%, so the hurdle is -17 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.6 points below its cost of capital (7.3% WACC).
Next results Next results expected around 12 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥8.30B | CN¥7.99B | CN¥6.20B | CN¥5.57B | CN¥5.50B |
| Revenue growth | — | +29% | +11% | +1% | — |
| Gross profit | CN¥566M | CN¥583M | CN¥431M | CN¥491M | CN¥426M |
| EBITDA | CN¥259M | CN¥304M | CN¥224M | CN¥317M | CN¥231M |
| Net income | CN¥126M | CN¥161M | CN¥25.5M | CN¥82.6M | CN¥122M |
| Free cash flow | CN¥361M | CN¥594M | -CN¥120M | -CN¥34.1M | -CN¥327M |
| Capital expenditure | CN¥98.3M | CN¥134M | CN¥216M | CN¥122M | CN¥111M |
| Total debt | CN¥2.13B | CN¥2.36B | CN¥2.13B | CN¥1.53B | CN¥2.35B |
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.
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 | 002560.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.0% | -12.3% | 9th lowest of 21 |
| 6-month return | -46.8% | -34.2% | 5th lowest of 21 |
| Distance from 52-week high | -56.8% | -53.8% | 8th lowest of 21 |
| Revenue growth (TTM) | +15.6% | +7.1% | 7th highest of 20 |
| Operating margin | 1.8% | 0.3% | 9th highest of 21 |
| Forward P/E | 20.5× | 22.0× | 3rd cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | 16.2% | 33.0% | 3rd least demanding of 9 |
| Growth delivered (Del g) | +32.9% | +6.8% | highest of 9 |
| Hurdle (Req g minus delivered) | -16.7 pp | +28.0 pp | least demanding of 9 |
| ROIC minus cost of capital | -4.6 pp | -6.6 pp | 7th highest of 21 |
| Net debt / EBITDA | 4.0× | -1.2× | 3rd most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Henan Tong-Da Cable 002560.SZ | China | $607M | -47% | +16% | 2% | 20.5× | 16.2% | +32.9% |
| Enovix ENVX | United States | $606M | -58% | +35% | -497% | n/a | n/a | n/a |
| CyberPower Systems 3617.TW | Taiwan | $610M | +11% | 0% | 19% | 10.2× | -10.8% | +5.4% |
| Shenzhen Bromake New Material 301387.SZ | China | $602M | -45% | +25% | -1% | 16.9× | n/a | n/a |
| Wuxi New Hongtai Electrical Technology 603016.SS | China | $614M | -50% | -4% | 10% | n/a | 36.8% | +6.7% |
| Sanbian Sci-Tech 002112.SZ | China | $617M | -37% | +7% | 1% | n/a | 59.0% | +13.2% |
| Nano Nuclear Energy NNE | United States | $597M | -60% | n/a | -24,545% | n/a | n/a | n/a |
| Jiangsu Yangdian Science & Technology 301012.SZ | China | $596M | -43% | 0% | 5% | n/a | 14.5% | +23.9% |
| Chongqing Wangbian Electric (Group) 603191.SS | China | $594M | -42% | +5% | -1% | 22.0× | n/a | n/a |
| Suzhou Longway Electronic Machinery 301202.SZ | China | $589M | -25% | +27% | 6% | n/a | n/a | n/a |
| Energy Vault NRGV | United States | $589M | -28% | +337% | -33% | n/a | n/a | n/a |
| XP Power XPP.L | United Kingdom | $589M | -17% | -1% | 2% | 21.2× | 50.9% | -0.3% |
| Powerica POWERICA.NS | India | $628M | -5% | +14% | 8% | n/a | n/a | n/a |
| Jiangsu Huachen Transformer 603097.SS | China | $629M | -4% | +13% | 2% | 24.3× | 27.8% | +27.0% |
| SEC Electric Machinery 603988.SS | China | $585M | -33% | -15% | 0% | n/a | n/a | n/a |
| Eos Energy Enterprises EOSE | United States | $634M | -78% | +534% | -159% | n/a | n/a | n/a |
| Nanjing CIGU Technology 688448.SS | China | $581M | -15% | -18% | -7% | 73.7× | n/a | n/a |
| Nanjing Quanxin Cable Technology 300447.SZ | China | $581M | -35% | +8% | 4% | n/a | 29.2% | +3.3% |
| Zhejiang Founder Motor 002196.SZ | China | $634M | -35% | +26% | 0% | n/a | n/a | n/a |
| Shaanxi Baoguang Vacuum Electronic Apparatus 600379.SS | China | $580M | -30% | +7% | 5% | 43.4× | 37.9% | +7.0% |
| Zhejiang Sunflower Great Health 300111.SZ | China | $635M | -15% | -20% | -10% | n/a | n/a | n/a |