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Guangzhou maker of CNC machines and production lines for panel furniture: edge banding, drilling, cutting and machining centers.
Guangzhou maker of CNC machines and production lines for panel furniture: edge banding, drilling, cutting and machining centers.
Sells machines in four main families, edge banders, drilling machines, panel saws and machining centers, mostly to makers of board-based furniture and custom cabinets, so orders follow investment by furniture factories. The 2018 purchase of Italy's Masterwood added five-axis machining centers and a European base, and it sells through distributors in many countries.
Moat: narrow (scale, distribution). Top domestic position in panel-furniture machinery and a dealer network across many countries; products compete on price and automation.
Headquarters: Guangzhou, China · Founded: 2006 · Employees: 2,578
Size Guangzhou KDT Machinery (002833.SZ) is a China Industrials company (Industrial Machinery) with a market value of $1.05B, the 2196th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.37 on 6 Nov 2026.
Performance Over six months the shares fell 19.8%, against -23.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue grew 19.4% over the last twelve months (peer median +12.1%); the operating margin is 20.1% (peer median 8.0%).
Valuation It trades at 13.4× forward earnings against a peer median of 26.2× (3rd cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.7 points above its cost of capital (8.7% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.75B | CN¥2.41B | CN¥2.69B | CN¥2.67B | CN¥2.12B |
| Revenue growth | — | -10% | +1% | +26% | — |
| Gross profit | CN¥959M | CN¥729M | CN¥828M | CN¥857M | CN¥615M |
| EBITDA | n/a | CN¥595M | CN¥671M | CN¥735M | CN¥509M |
| Net income | CN¥443M | CN¥431M | CN¥517M | CN¥590M | CN¥455M |
| Free cash flow | CN¥497M | CN¥545M | CN¥258M | CN¥182M | CN¥122M |
| Capital expenditure | CN¥135M | CN¥108M | CN¥320M | CN¥536M | CN¥346M |
| Total debt | CN¥140M | CN¥807M | CN¥756M | CN¥671M | CN¥645M |
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 |
|---|---|---|---|---|---|---|
| Guangzhou KDT Machinery 002833.SZ | $1.05B | -20% | +19% | 20% | 13.4× | 1.5% |
| Durr DUE.DE | $1.25B | -24% | +2% | 4% | 9.1× | -3.3% |
| Nanxing Machinery 002757.SZ | $697M | -32% | +17% | 5% | n/a | 4.8% |
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 | 002833.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -15.8% | -12.9% | 10th lowest of 21 |
| 6-month return | -19.8% | -23.4% | 8th highest of 20 |
| Distance from 52-week high | -27.3% | -50.7% | 2nd highest of 21 |
| Revenue growth (TTM) | +19.4% | +12.1% | 7th highest of 20 |
| Operating margin | 20.1% | 8.0% | 6th highest of 20 |
| Forward P/E | 13.4× | 26.2× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 1.5% | 9.3% | 4th least demanding of 15 |
| Growth delivered (Del g) | +7.6% | +10.3% | 5th lowest of 15 |
| Hurdle (Req g minus delivered) | -6.1 pp | +1.6 pp | 4th least demanding of 15 |
| ROIC minus cost of capital | +9.7 pp | -2.0 pp | 4th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangzhou KDT Machinery 002833.SZ | China | $1.05B | -20% | +19% | 20% | 13.4× | 1.5% | +7.6% |
| Nikkiso 6376.T | Japan | $1.05B | -5% | +11% | 8% | 10.0× | 6.3% | +6.3% |
| Ningbo Cixing 300307.SZ | China | $1.05B | +24% | +31% | 9% | n/a | 11.0% | +9.5% |
| Hangzhou XZB Tech 603040.SS | China | $1.06B | -34% | +4% | 34% | 26.2× | 18.2% | +16.5% |
| MayAir Technology (China) 688376.SS | China | $1.04B | -27% | +7% | 9% | 28.2× | n/a | n/a |
| Guangzhou Goaland Energy Conservation Tech 300499.SZ | China | $1.06B | -40% | +28% | 5% | 51.7× | n/a | n/a |
| Ningbo Kangqiang Electronics 002119.SZ | China | $1.04B | -12% | +49% | 5% | n/a | n/a | n/a |
| Suzhou SLAC Precision Equipment 300382.SZ | China | $1.04B | -31% | +11% | -4% | 67.4× | n/a | n/a |
| Tsugami 6101.T | Japan | $1.03B | -23% | +24% | 27% | n/a | -5.3% | +15.9% |
| MACHVISION 3563.TW | Taiwan | $1.08B | -36% | +17% | 37% | 26.2× | 7.5% | +5.9% |
| Morimatsu International 2155.HK | Hong Kong | $1.03B | -16% | +14% | 3% | 14.2× | -2.4% | +17.6% |
| Linco Technology 3644.TWO | Taiwan | $1.08B | n/a | n/a | n/a | n/a | n/a | n/a |
| Allied Machinery 605060.SS | China | $1.03B | -51% | +24% | 22% | 21.1× | 15.5% | +13.2% |
| Miracle Automation Engineering 002009.SZ | China | $1.03B | -27% | +6% | 1% | 28.8× | 34.6% | -5.1% |
| Sunonwealth Electric Machine Industry 2421.TW | Taiwan | $1.08B | -16% | +21% | 16% | 9.6× | -2.5% | +7.9% |
| Lanzhou LS Heavy Equipment 603169.SS | China | $1.09B | -34% | -29% | -19% | 34.6× | n/a | n/a |
| Jiangsu Shentong Valve 002438.SZ | China | $1.01B | -23% | -5% | 17% | 17.5× | 5.9% | +6.1% |
| Longhua Technology Group (Luoyang) Co 300263.SZ | China | $1.10B | -29% | +12% | 5% | 36.4× | 28.8% | +11.1% |
| Lindab International LIAB.ST | Sweden | $1.01B | -10% | -3% | 7% | 17.7× | 4.2% | +9.4% |
| PNC Process Systems 603690.SS | China | $1.10B | -23% | -36% | -48% | 19.6× | 32.9% | +15.4% |
| Est Tools 300488.SZ | China | $1.01B | +17% | +15% | 29% | n/a | 15.3% | +13.1% |