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← CockpitCompetitor Analysis › 002980.SZ Shenzhen Everbest Machinery Industry Co., Ltd. Class AOpen in the cockpit ↗

Shenzhen Everbest Machinery Industry Co., Ltd. Class A002980.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Equipment/Instruments

Shenzhen maker of handheld test instruments: multimeters, clamp meters, infrared thermometers and thermal imagers.

Momentum neutral 44
Mkt cap
$1.90B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$162M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+4.6 pp
WACC 10.4%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥67.20
1D-4.4%
1W-1.2%
1M-36.0%
3M+6.8%
6M-15.9%
YTD+218.9%
1Y+192.7%
ATR %11.4%
52w lowhigh51.1% off high

What Shenzhen Everbest Machinery Industry does

Shenzhen maker of handheld test instruments: multimeters, clamp meters, infrared thermometers and thermal imagers.

Earns from a broad catalogue of handheld electrical and thermal instruments sold to electricians, maintenance teams and installers; multimeters and clamp meters are the everyday line, with thermal imagers and industrial inspection tools added later. One individual holds about half the shares. A 2026 acquisition added optical-communication test equipment.

Products and services

  • Digital multimeters and clamp meters
  • Infrared thermometers and thermal imagers
  • Environmental and industrial inspection meters
  • Optical-communication test instruments

Customers

  • Electricians and maintenance engineers
  • Telecom and data-centre network installers
  • Electrical distributors and retailers

Where it sits in the supply chain

  • Information Technology
  • Electronic test and measurement
  • Handheld instruments

What could go right

  • Industrial inspection and thermal-imaging growth
  • Optical-communication test gear added by a 2026 acquisition

What could go wrong

  • Rivalry from Fluke and local low-cost makers
  • Integration of the 2026 acquisition

Moat: narrow (brand, distribution). Broad range of low-cost handheld meters sold widely; competes with premium Fluke and local rival Uni-Trend.

Headquarters: Shenzhen, China · Founded: 1991 · Employees: 1,771

Named competitors

Shenzhen Everbest Machinery Industry at a glance

Size Shenzhen Everbest Machinery Industry (002980.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $1.90B, the 1320th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥67.20 on 6 Nov 2026.

Performance Over six months the shares fell 15.9%, against -22.0% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 64.0% over the last twelve months (peer median +6.7%); the operating margin is 23.1% (peer median 7.5%).

Valuation It trades at 10.2× enterprise value to sales against a peer median of 2.5× (3rd most expensive of 21).

Capital Return on invested capital runs 4.6 points above its cost of capital (10.4% WACC).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026002980.SZ 89Peer median 78
Six months, rebased to 100: Shenzhen Everbest Machinery Industry against the median of its 20 peers (local-currency closes).

Shenzhen Everbest Machinery Industry financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.27BCN¥798MCN¥802MCN¥665MCN¥593M
Revenue growth—0%+21%+12%—
Gross profitCN¥606MCN¥321MCN¥361MCN¥277MCN¥228M
EBITDAn/aCN¥123MCN¥167MCN¥121MCN¥90.3M
Net incomeCN¥260MCN¥89.1MCN¥138MCN¥107MCN¥98.2M
Free cash flow-CN¥147MCN¥4.60MCN¥73.8MCN¥78.8M-CN¥25.1M
Capital expenditureCN¥106MCN¥56.5MCN¥152MCN¥104MCN¥80.8M
Total debtCN¥516MCN¥137MCN¥142MCN¥88.3MCN¥19.4M

Quarterly statements and history in the cockpit →

Shenzhen Everbest Machinery Industry 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

-40%-20%0%+20%-40%-20%0%+20%6754688390DBD6006510021393004556728300007OXIG00294760122268800368800660355660366230082764578039688611002980.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Shenzhen Everbest Machinery Industry is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%0×5×10×6754688390DBD600651002139300455300007OXIG00294760122268800368800668861260355660366230082764578039688611002980.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shenzhen Everbest Machinery Industry is the large dot.

Shenzhen Everbest Machinery Industry competitors and peer comparison

Head to head with its named competitors (002980.SZ vs 6866.T vs 688628.SS vs TDY)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Shenzhen Everbest Machinery Industry 002980.SZ$1.90B-16%+64%23%10.2×n/a
Hioki E.E.Corporation 6866.T$703M-27%+17%20%2.0×8.9%
Uni-Trend Technology (China) 688628.SS$1.07B-34%+33%15%4.5×n/a
Teledyne Technologies TDY$28.5B0%+8%20%4.6×15.5%
Keysight Technologies KEYS$46.3B-24%+26%24%7.1×20.9%

How Shenzhen Everbest Machinery Industry 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.

Shenzhen Everbest Machinery Industry against its 20 peers (data as of 6 Nov 2026)
Measure002980.SZPeer medianRank in peer set
1-month return-36.0%-4.4%3rd lowest of 21
6-month return-15.9%-22.0%8th highest of 21
Distance from 52-week high-51.1%-44.9%7th lowest of 21
Revenue growth (TTM)+64.0%+6.7%highest of 21
Operating margin23.1%7.5%highest of 21
EV / Sales10.2×2.5×3rd most expensive of 21
ROIC minus cost of capital+4.6 pp-0.7 pp6th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shenzhen Everbest Machinery Industry 002980.SZChina$1.90B-16%+64%23%10.2×n/an/a
Anritsu 6754.TJapan$1.87B-45%+21%15%1.8×11.3%+2.1%
Goodwe Technologies 688390.SSChina$1.93B-51%+53%5%1.3×17.4%+41.2%
Diebold Nixdorf DBDUnited States$1.96B-25%+6%9%0.7×-2.0%-0.5%
Shanghai Feilo Acoustics 600651.SSChina$1.82B-30%-11%-3%6.8×n/an/a
Shenzhen Topband 002139.SZChina$1.81B-8%+9%3%1.2×n/an/a
Beijing Aerospace Shenzhou Intelligent Equipment Technology 300455.SZChina$1.81B-36%-29%-4%13.0×n/an/a
ULVAC 6728.TJapan$2.01B-34%+7%7%0.9×14.1%+8.0%
Hanwei Electronics 300007.SZChina$1.79B-15%-3%2%5.5×40.9%+4.6%
Oxford Instruments OXIG.LUnited Kingdom$1.79B-16%-15%15%3.0×20.1%+5.8%
Suzhou Hengmingda Electronic Technology 002947.SZChina$1.78B-43%+13%18%3.2×9.4%+34.8%
Jiangsu Linyang Energy 601222.SSChina$1.74B-6%+35%8%1.5×n/an/a
Suzhou TZTEK Technology 688003.SSChina$1.67B-19%+33%5%5.3×42.0%+13.2%
Zhejiang HangKe Technology 688006.SSChina$1.64B-43%+12%3%2.6×16.0%+14.9%
Shenzhen VMAX New Energy (Group) 688612.SSChina$1.63B-21%-6%9%1.6×18.8%+57.4%
Hexing Electrical 603556.SSChina$1.61B-23%+6%9%1.8×0.1%+11.3%
Keli Sensing Technology (Ningbo) 603662.SSChina$2.28B-4%+24%19%8.7×24.7%+13.4%
Sineng Electric 300827.SZChina$2.35B-25%+29%12%2.4×n/an/a
Glory 6457.TJapan$1.53B+16%-8%9%0.8×-8.1%+9.3%
TAIFLEX Scientific 8039.TWTaiwan$1.51B+36%+3%6%4.7×28.3%+3.9%
Hangzhou Kelin Electric 688611.SSChina$1.51B+4%-58%-32%58.7×n/an/a

Questions

Who are Shenzhen Everbest Machinery Industry's main competitors?
Named competitors: Hioki (6866.T), Uni-Trend Technology (688628.SS), Teledyne FLIR (TDY), Keysight (KEYS). The cockpit's measured peer set (industry) also includes Anritsu (6754.T), Goodwe Technologies (688390.SS), Diebold Nixdorf (DBD), Shanghai Feilo Acoustics (600651.SS), Shenzhen Topband (002139.SZ), Beijing Aerospace Shenzhou Intelligent Equipment Technology (300455.SZ).
Is Shenzhen Everbest Machinery Industry expensive compared with its peers?
On ev / sales it trades at 10.2× against a peer median of 2.5×, 3rd most expensive of 21 in its peer set.
How has Shenzhen Everbest Machinery Industry stock performed?
Over six months to 6 Nov 2026 the shares returned -15.9% against -22.0% for the median peer; over one year +192.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.