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← CockpitCompetitor Analysis › 1809.HK Prinx Chengshan Holdings LimitedOpen in the cockpit ↗

Prinx Chengshan Holdings Limited1809.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Consumer Discretionary›Automotive Aftermarket
Momentum neutral 52
Mkt cap
$508M
US dollars, full cap
Free float
31%
of shares outstanding
$/day
$39,269
20-day average traded
Fwd P/E
2.4×
forward earnings
ROIC−WACC
+6.4 pp
WACC 5.1%
Hurdle
n/a
no reverse DCF
Next earnings
140 days
26 Mar 2027
Close · HKDHK$6.24
1D+0.2%
1W+2.4%
1M-2.2%
3M-6.9%
6M-20.1%
YTD-20.0%
1Y-13.3%
ATR %1.9%
52w lowhigh25.4% off high

What Prinx Chengshan does

Employees: 6,834

Prinx Chengshan at a glance

Size Prinx Chengshan (1809.HK) is a Hong Kong Consumer Discretionary company (Automotive Aftermarket) with a market value of $508M, the 752nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$6.24 on 6 Nov 2026.

Performance Over six months the shares fell 20.1%, against -16.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 8.7% over the last twelve months (peer median +6.9%); the operating margin is 9.3% (peer median 4.7%).

Valuation It trades at 2.4× forward earnings against a peer median of 17.3× (cheapest of 13).

Capital Return on invested capital runs 6.4 points above its cost of capital (5.1% WACC).

Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 821809.HK 80
Six months, rebased to 100: Prinx Chengshan against the median of its 20 peers (local-currency closes).

Prinx Chengshan financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$13.3BHK$12.8BHK$11.9BHK$11.0BHK$9.48B
Revenue growth—+8%+8%+16%—
Gross profitHK$2.41BHK$2.24BHK$2.44BHK$2.27BHK$1.31B
EBITDAHK$1.85BHK$1.80BHK$2.06BHK$1.80BHK$796M
Net incomeHK$1.11BHK$1.18BHK$1.42BHK$1.14BHK$458M
Free cash flowHK$303MHK$628MHK$729MHK$653MHK$350M
Capital expenditureHK$1.11BHK$624MHK$633MHK$465MHK$695M
Total debtn/aHK$1.94BHK$1.79BHK$2.35BHK$2.49B

Quarterly statements and history in the cockpit →

Prinx Chengshan 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

-30%-20%-10%0%+10%-10%0%21066001826004690023502101BENGALASMJTEKTINDIATVSSRICHAK603335601500DBC000589SMPXPELJKTYRE0732407313GT6011630005991809.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Prinx Chengshan is the large dot.

Fundamentals: revenue growth against valuation

0%+5%+10%+15%+20%0×20×40×2106002350JTEKTINDIATVSSRICHAK601500000589SMPXPELJKTYRE07324073136011631809.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Prinx Chengshan is the large dot.

Prinx Chengshan competitors and peer comparison

How Prinx Chengshan 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.

Prinx Chengshan against its 20 peers (data as of 6 Nov 2026)
Measure1809.HKPeer medianRank in peer set
1-month return-2.2%-5.6%7th highest of 21
6-month return-20.1%-16.9%8th lowest of 21
Distance from 52-week high-25.4%-31.4%6th highest of 21
Revenue growth (TTM)+8.7%+6.9%10th highest of 21
Operating margin9.3%4.7%7th highest of 21
Forward P/E2.4×17.3×cheapest of 13
ROIC minus cost of capital+6.4 pp-0.7 pp4th highest of 21
EV / EBITDA2.5×9.7×cheapest of 12
Net debt / EBITDA0.4×2.0×4th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Prinx Chengshan 1809.HKHong Kong$508M-20%+9%9%2.4×n/an/a
Kenda Rubber Industrial 2106.TWTaiwan$461M-8%0%2%25.3×10.9%+2.3%
Giti Tire 600182.SSChina$578M-22%-1%10%n/a-5.6%+11.6%
Aeolus Tire 600469.SSChina$598M-30%+2%4%n/an/an/a
Nexen Tire 002350.KSSouth Korea$429M-19%+11%4%5.3×-20.0%+13.4%
Nankang Rubber Tire 2101.TWTaiwan$607M-18%+10%26%n/a-15.5%-2.8%
Bengal & Assam BENGALASM.NSIndia$688M-13%+12%13%n/a19.9%-25.6%
JTEKT India JTEKTINDIA.NSIndia$347M-16%+17%4%49.2×n/an/a
TVS Srichakra TVSSRICHAK.NSIndia$346M+9%+19%4%22.7×24.3%+13.4%
Guangdong Dcenti Auto Parts Stock 603335.SSChina$322M-29%-18%-11%n/an/an/a
Jiangsu General Science Technology 601500.SSChina$831M-25%+11%5%14.6×-3.5%+19.8%
Firma Oponiarska Debica DBC.WAPoland$308M0%-1%4%n/a-1.6%+9.9%
Guizhou Tyre 000589.SZChina$974M-18%+8%8%8.7×n/an/a
Standard Motor Products SMPUnited States$993M+10%+6%11%9.3×-8.5%+9.7%
XPEL XPELUnited States$1.06B-12%+13%14%16.5×n/an/a
JK Tyre & Industries JKTYRE.NSIndia$1.10B-12%+13%7%20.6×n/an/a
Kumhotire 073240.KSSouth Korea$1.12B-9%+2%12%4.2×n/an/a
TS Tech 7313.TJapan$1.25B-3%0%2%23.3×n/an/a
Goodyear Tire & Rubber GTUnited States$1.26B-33%-4%3%n/a5.9%+8.2%
Triangle Tyre 601163.SSChina$1.38B-21%+2%5%18.2×-7.2%+2.9%
Qingdao Doublestar 000599.SZChina$1.45B-34%+390%8%n/a-2.9%+1.0%

Questions

Which companies are Prinx Chengshan's closest peers?
The cockpit's peer set: Kenda Rubber Industrial (2106.TW), Giti Tire (600182.SS), Aeolus Tire (600469.SS), Nexen Tire (002350.KS), Nankang Rubber Tire (2101.TW), Bengal & Assam (BENGALASM.NS), JTEKT India (JTEKTINDIA.NS), TVS Srichakra (TVSSRICHAK.NS).
Is Prinx Chengshan expensive compared with its peers?
On forward p/e it trades at 2.4× against a peer median of 17.3×, cheapest of 13 in its peer set.
How has Prinx Chengshan stock performed?
Over six months to 6 Nov 2026 the shares returned -20.1% against -16.9% for the median peer; over one year -13.3%.

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.