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Employees: 1,477
Size Guangdong Enpack Packaging (002846.SZ) is a China Industrials company (Metal Fabrication) with a market value of $609M, the 3382nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.67 on 6 Nov 2026.
Performance Over six months the shares fell 37.2%, against -22.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 20.2% over the last twelve months (peer median +12.2%); the operating margin is 3.2% (peer median 8.3%).
Valuation It trades at 53.7× forward earnings against a peer median of 16.0× (most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.8 points below its cost of capital (7.5% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.61B | CN¥2.27B | CN¥2.02B | CN¥1.74B | CN¥1.93B |
| Revenue growth | — | +13% | +16% | -10% | — |
| Gross profit | CN¥419M | CN¥274M | CN¥183M | CN¥187M | CN¥155M |
| EBITDA | n/a | CN¥206M | CN¥123M | CN¥141M | CN¥101M |
| Net income | CN¥43.4M | CN¥35.3M | -CN¥39.7M | CN¥14.2M | -CN¥43.1M |
| Free cash flow | CN¥97.4M | CN¥72.4M | -CN¥409M | -CN¥365M | -CN¥126M |
| Capital expenditure | CN¥285M | CN¥273M | CN¥464M | CN¥501M | CN¥226M |
| Total debt | CN¥1.77B | CN¥1.70B | CN¥1.62B | CN¥1.25B | CN¥1.49B |
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 | 002846.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.9% | -9.6% | 5th lowest of 21 |
| 6-month return | -37.2% | -22.8% | 7th lowest of 21 |
| Distance from 52-week high | -57.2% | -40.7% | 7th lowest of 21 |
| Revenue growth (TTM) | +20.2% | +12.2% | 7th highest of 21 |
| Operating margin | 3.2% | 8.3% | 5th lowest of 21 |
| Forward P/E | 53.7× | 16.0× | most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 18.4% | 13.6% | 7th least demanding of 13 |
| Growth delivered (Del g) | +11.4% | +8.0% | 5th highest of 13 |
| Hurdle (Req g minus delivered) | +7.0 pp | +4.0 pp | 6th most demanding of 13 |
| ROIC minus cost of capital | -2.8 pp | +1.2 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangdong Enpack Packaging 002846.SZ | China | $609M | -37% | +20% | 3% | 53.7× | 18.4% | +11.4% |
| AKVA AKVA.OL | Norway | $618M | +18% | +14% | 7% | 28.0× | 3.7% | +6.7% |
| G-SHANK Enterprise 2476.TW | Taiwan | $599M | -22% | +24% | 19% | n/a | -0.1% | +9.3% |
| Elmet ELMT | United States | $598M | +28% | +6% | 6% | 40.9× | 21.9% | +5.9% |
| Park-Ohio PKOH | United States | $629M | +41% | +3% | 5% | 11.8× | 8.6% | +4.3% |
| Shenzhen Minglida Precision Technology 301268.SZ | China | $630M | -53% | +26% | -5% | 28.9× | 40.9% | +18.4% |
| Jiangxi Yuean Advanced Materials 688786.SS | China | $587M | -13% | +12% | 21% | 30.1× | 24.8% | +11.2% |
| Hwaway Technology 001380.SZ | China | $586M | -24% | +7% | 11% | 15.6× | 1.3% | +30.4% |
| Nan Juen International 6584.TWO | Taiwan | $633M | -59% | +44% | 27% | 15.9× | n/a | n/a |
| Zhejiang Meili High Technology 300611.SZ | China | $586M | -25% | +80% | 8% | 10.9× | n/a | n/a |
| Yangzhou Seashine New Materials 300885.SZ | China | $637M | -40% | +39% | 22% | n/a | 24.7% | +4.3% |
| Zhejiang Zhongke Magnetic Industry 301141.SZ | China | $638M | -35% | +22% | 1% | n/a | n/a | n/a |
| Shanghai Zhongzhou Special Alloy Materials 300963.SZ | China | $651M | -44% | +1% | 8% | n/a | n/a | n/a |
| Technocraft Industries (India) TIIL.NS | India | $655M | +9% | +12% | 14% | 16.0× | 18.5% | +16.3% |
| ALCONIX 3036.T | Japan | $566M | +19% | +18% | 6% | 13.6× | n/a | n/a |
| Shenzhen Pacific Union Precision Manufacturing 688210.SS | China | $565M | -48% | -16% | -14% | 38.9× | n/a | n/a |
| SBE-Varvit VARV.MI | Italy | $663M | -7% | +11% | 12% | 15.1× | -0.9% | -4.6% |
| Jiangsu Tongli Tianqi Technology 605286.SS | China | $559M | -46% | -23% | -14% | 7.9× | n/a | n/a |
| Rolex Rings ROLEXRINGS.NS | India | $558M | +36% | +2% | 17% | 24.3× | 27.0% | +13.2% |
| Gem-Year Industrial 601002.SS | China | $668M | -25% | +5% | 14% | n/a | -7.5% | -1.5% |
| Skipper SKIPPER.NS | India | $669M | +7% | +17% | 9% | 21.7× | n/a | n/a |