Employees: 2,222
Size Luoyang North Glass Technology (002613.SZ) is a China Industrials company (Industrial Machinery) with a market value of $700M, the 3058th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.27 on 6 Nov 2026.
Performance Over six months the shares fell 18.1%, against -19.8% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue fell 17.8% over the last twelve months (peer median +9.2%); the operating margin is -1.9% (peer median 4.8%).
Valuation It trades at 29.7× forward earnings against a peer median of 18.9× (4th most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.4 points below its cost of capital (5.0% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.39B | CN¥1.57B | CN¥1.63B | CN¥1.65B | CN¥1.49B |
| Revenue growth | — | -4% | -1% | +10% | — |
| Gross profit | CN¥427M | CN¥397M | CN¥400M | CN¥412M | CN¥285M |
| EBITDA | n/a | CN¥93.2M | CN¥121M | CN¥150M | CN¥74.9M |
| Net income | -CN¥9.60M | CN¥31.4M | CN¥60.4M | CN¥82.7M | CN¥35.5M |
| Free cash flow | CN¥117M | -CN¥127M | CN¥114M | CN¥21.5M | -CN¥120M |
| Capital expenditure | CN¥86.5M | CN¥105M | CN¥106M | CN¥104M | CN¥142M |
| Total debt | CN¥87.1M | CN¥76.2M | CN¥116M | CN¥166M | CN¥74.5M |
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 | 002613.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.5% | -11.8% | 5th highest of 21 |
| 6-month return | -18.1% | -19.8% | 10th highest of 21 |
| Distance from 52-week high | -42.1% | -40.2% | 11th highest of 21 |
| Revenue growth (TTM) | -17.8% | +9.2% | 2nd lowest of 21 |
| Operating margin | -1.9% | 4.8% | 4th lowest of 21 |
| Forward P/E | 29.7× | 18.9× | 4th most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 7.4% | 7.9% | 7th least demanding of 14 |
| Growth delivered (Del g) | +8.1% | +9.9% | 6th lowest of 14 |
| Hurdle (Req g minus delivered) | -0.7 pp | +0.3 pp | 7th least demanding of 14 |
| ROIC minus cost of capital | -6.4 pp | -3.2 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Luoyang North Glass Technology 002613.SZ | China | $700M | -18% | -18% | -2% | 29.7× | 7.4% | +8.1% |
| ZheJiang RIFA Digital Precision Machinery 002520.SZ | China | $700M | +7% | -48% | -137% | n/a | 18.1% | -9.3% |
| Xiamen Jiarong Technology 301148.SZ | China | $703M | -29% | -2% | -1% | n/a | 46.2% | -3.2% |
| Nanxing Machinery 002757.SZ | China | $697M | -32% | +17% | 5% | n/a | 4.8% | +9.9% |
| Atlantic China Welding Consumables 600558.SS | China | $711M | -8% | +5% | 7% | 19.6× | 1.7% | +4.3% |
| Shanghai Weihong Electronic Technology 300508.SZ | China | $713M | +35% | +13% | 8% | 27.4× | 38.8% | +21.1% |
| Jiangyin Haida Rubber & Plastic 300320.SZ | China | $687M | -20% | +2% | 9% | 18.1× | 7.9% | +9.7% |
| Xinlei Compressor 301317.SZ | China | $687M | -49% | +10% | -16% | 51.8× | n/a | n/a |
| Zhuzhou Tianqiao Crane 002523.SZ | China | $714M | -13% | +5% | 5% | n/a | 7.1% | +6.8% |
| Nissei ASB Machine Co 6284.T | Japan | $686M | -9% | +9% | 26% | 11.3× | 0.4% | +9.9% |
| HIT Welding Industry 301137.SZ | China | $717M | -38% | +10% | 2% | n/a | n/a | n/a |
| Wuhan Yifi Laser 688646.SS | China | $717M | -7% | +70% | -5% | n/a | 2.9% | +31.1% |
| META Green Cooling Technology 7892.TWO | Taiwan | $717M | -40% | +227% | 26% | n/a | n/a | n/a |
| Foshan Golden Milky Way Intelligent Equipment 300619.SZ | China | $717M | -34% | +40% | 4% | n/a | n/a | n/a |
| EIZO 6737.T | Japan | $717M | +34% | +3% | 4% | 14.9× | 17.8% | +1.2% |
| JDM Jingda Machine (Ningbo) 603088.SS | China | $682M | -24% | +13% | 13% | 10.4× | 20.3% | +15.9% |
| Houpu Clean Energy 300471.SZ | China | $678M | -20% | +8% | 1% | n/a | 41.1% | +17.7% |
| Zhejiang Hongchang Electrical Technology 301008.SZ | China | $677M | +9% | +3% | -1% | n/a | n/a | n/a |
| Aeroflex Industries AEROFLEX.NS | India | $676M | +17% | +55% | 20% | 55.2× | n/a | n/a |
| Sinopec Oilfield Equipment 000852.SZ | China | $728M | -31% | -6% | 1% | 63.1× | n/a | n/a |
| RS Technologies 3445.T | Japan | $671M | -34% | +18% | 19% | 9.9× | 2.8% | +24.6% |