Chinese maker of air conditioners and other home appliances under the AUX brand.
Chinese maker of air conditioners and other home appliances under the AUX brand.
In one line: A value-focused Chinese Carrier/Midea competitor.
Moat: none. Mid-tier brand competing on price against much larger scaled rivals (Midea, Gree) in a commoditized category.
Headquarters: Ningbo, China · Founded: 1986 · Employees: 15,631
Size Aux Electric (2580.HK) is a Hong Kong Industrials company (Industrial Machinery) with a market value of $1.26B, the 540th 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 36.7%, against -22.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 7th lowest of 19 in its peer set.
Growth Revenue grew 1.0% over the last twelve months (peer median +5.7%); the operating margin is 7.5% (peer median 5.2%).
Valuation It trades at 4.5× forward earnings against a peer median of 18.2× (cheapest of 14).
Capital Return on invested capital runs 26.3 points above its cost of capital (6.9% WACC).
Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$32.6B | HK$32.3B | HK$27.4B | HK$22.7B |
| Revenue growth | — | +1% | +18% | +21% | — |
| Gross profit | n/a | HK$6.08B | HK$6.50B | HK$5.79B | HK$4.62B |
| EBITDA | n/a | HK$3.15B | HK$4.02B | HK$3.68B | HK$3.11B |
| Net income | n/a | HK$2.42B | HK$3.16B | HK$2.75B | HK$1.68B |
| Free cash flow | n/a | HK$1.63B | HK$2.09B | HK$5.38B | HK$4.27B |
| Capital expenditure | n/a | HK$1.97B | HK$1.02B | HK$407M | HK$273M |
| Total debt | n/a | HK$6.70B | HK$5.98B | HK$4.75B | HK$4.19B |
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 |
|---|---|---|---|---|---|---|
| Aux Electric 2580.HK | $1.26B | -37% | +1% | 8% | 4.5× | n/a |
| Midea 000333.SZ | $101B | +10% | +2% | 9% | 14.5× | -3.2% |
| Gree Electric Appliances, Inc. of Zhuhai 000651.SZ | $31.2B | -3% | -11% | 16% | 8.6× | -16.4% |
| Hisense Home Appliances 0921.HK | $4.26B | -24% | -6% | 3% | 9.3× | -13.5% |
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 | 2580.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -26.6% | -23.5% | 7th lowest of 20 |
| 6-month return | -36.7% | -22.7% | 7th lowest of 19 |
| Distance from 52-week high | -62.5% | -50.1% | 8th lowest of 20 |
| Revenue growth (TTM) | +1.0% | +5.7% | 6th lowest of 21 |
| Operating margin | 7.5% | 5.2% | 10th highest of 21 |
| Forward P/E | 4.5× | 18.2× | cheapest of 14 |
| ROIC minus cost of capital | +26.3 pp | -3.8 pp | 2nd highest of 20 |
| EV / EBITDA | 1.7× | 17.1× | cheapest of 10 |
| Net debt / EBITDA | -1.4× | -0.3× | 6th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Aux Electric 2580.HK | Hong Kong | $1.26B | -37% | +1% | 8% | 4.5× | n/a | n/a |
| Hangzhou Honghua Digital Technology Stock 688789.SS | China | $1.27B | -22% | -7% | 18% | 18.2× | n/a | n/a |
| SanFeng Intelligent Equipment 300276.SZ | China | $1.27B | -8% | +6% | -10% | n/a | 18.5% | +8.7% |
| Durr DUE.DE | Germany | $1.25B | -24% | +2% | 4% | 9.1× | -3.3% | +4.6% |
| Aotecar New Energy Technology 002239.SZ | China | $1.25B | -17% | -7% | 3% | n/a | 11.9% | +17.1% |
| Shenzhen Creality 3D Technology 3388.HK | Hong Kong | $1.28B | n/a | +468% | 1% | n/a | n/a | n/a |
| HUYNDAI MOVEX 319400.KS | South Korea | $1.24B | -51% | +2% | 3% | n/a | n/a | n/a |
| Yizumi 300415.SZ | China | $1.29B | -25% | +13% | 11% | 11.9× | 9.6% | +17.4% |
| Seikoh Giken 6834.T | Japan | $1.23B | +17% | +55% | 28% | 18.9× | 24.6% | +15.2% |
| Hefei Metalforming Intelligent Manufacturing 603011.SS | China | $1.22B | -18% | -15% | -11% | 307.4× | n/a | n/a |
| Wafer Works 6182.TWO | Taiwan | $1.30B | +42% | +9% | 4% | 36.0× | n/a | n/a |
| Sprint Precision Technologies 688605.SS | China | $1.31B | -3% | +16% | 10% | 61.2× | n/a | n/a |
| Tennant TNC | United States | $1.22B | -18% | 0% | 4% | 13.8× | n/a | n/a |
| Ableprint Technology 7734.TWO | Taiwan | $1.31B | -58% | +48% | 50% | 20.7× | 18.8% | +10.1% |
| Shuangliang Eco-Energy Systems 600481.SS | China | $1.21B | -36% | -29% | -29% | n/a | n/a | n/a |
| GKG Precision Machine 301338.SZ | China | $1.32B | -57% | +38% | 17% | 24.8× | n/a | n/a |
| Eugene Technology 084370.KS | South Korea | $1.21B | -43% | +2% | 15% | 12.3× | 16.3% | +11.6% |
| Union Tool 6278.T | Japan | $1.20B | -41% | +40% | 25% | 14.8× | 22.0% | +12.0% |
| Ariston ARIS.MI | Italy | $1.20B | -17% | +5% | 6% | 8.8× | 0.1% | +10.5% |
| Bonfiglioli Transmissions BONFIG.NS | India | $1.33B | n/a | +9% | 16% | n/a | n/a | n/a |
| SVG 300331.SZ | China | $1.19B | -42% | +6% | 2% | n/a | 46.0% | +8.1% |