Zhejiang-based industrial machinery manufacturer listed in Hong Kong; specific product line not confirmed with confidence.
Zhejiang-based industrial machinery manufacturer listed in Hong Kong; specific product line not confirmed with confidence.
Moat: none
Headquarters: Zhejiang, China
Size Zhejiang Galaxis Technology (2729.HK) is a Hong Kong Industrials company (Industrial Machinery) with a market value of $518M, the 747th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$9.50 on 6 Nov 2026.
Performance Over six months the shares fell 73.9%, against -28.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 26.0% over the last twelve months (peer median +2.6%); the operating margin is -4.3% (peer median 7.1%).
Valuation It trades at 3.6× enterprise value to sales against a peer median of 1.9× (6th most expensive of 21).
Capital Return on invested capital runs 13.8 points below its cost of capital (8.6% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | HK$986M | HK$782M | HK$609M | HK$764M |
| Revenue growth | — | +26% | +29% | -20% | — |
| Gross profit | n/a | HK$167M | HK$123M | HK$101M | HK$120M |
| EBITDA | n/a | -HK$25.1M | -HK$50.2M | -HK$121M | -HK$130M |
| Net income | n/a | -HK$55.8M | -HK$183M | -HK$267M | -HK$243M |
| Free cash flow | n/a | n/a | HK$8.85M | -HK$102M | -HK$217M |
| Capital expenditure | n/a | n/a | HK$14.4M | HK$24.7M | HK$129M |
| Total debt | n/a | HK$2.26B | HK$2.01B | HK$1.91B | HK$1.79B |
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 | 2729.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -57.1% | -19.6% | lowest of 21 |
| 6-month return | -73.9% | -28.6% | lowest of 21 |
| Distance from 52-week high | -79.8% | -48.6% | lowest of 21 |
| Revenue growth (TTM) | +26.0% | +2.6% | 5th highest of 21 |
| Operating margin | -4.3% | 7.1% | 4th lowest of 21 |
| EV / Sales | 3.6× | 1.9× | 6th most expensive of 21 |
| ROIC minus cost of capital | -13.8 pp | -3.2 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhejiang Galaxis Technology 2729.HK | Hong Kong | $518M | -74% | +26% | -4% | 3.6× | n/a | n/a |
| Beijing SinoHytec 2402.HK | Hong Kong | $519M | -56% | +82% | -204% | 10.7× | n/a | n/a |
| Wuxi Chemical Equipment 001332.SZ | China | $517M | -50% | -10% | 11% | 1.9× | 10.2% | +7.3% |
| Suzhou Thvow Technology 002564.SZ | China | $521M | -33% | -9% | 4% | 3.0× | 27.5% | -19.9% |
| Shandong Shuangyi Technology 300690.SZ | China | $521M | -26% | +15% | 15% | 2.5× | 10.9% | -6.3% |
| Guangdong Jinma Entertainment 300756.SZ | China | $521M | -59% | -8% | 0% | 5.0× | n/a | n/a |
| IQE IQE.L | United Kingdom | $514M | -39% | +20% | -11% | 3.4× | n/a | n/a |
| Nederman NMAN.ST | Sweden | $512M | +22% | -6% | 8% | 1.3× | 4.4% | +9.5% |
| HNAC Technology 300490.SZ | China | $525M | -57% | +79% | 0% | 1.2× | n/a | n/a |
| Fujian Raynen Technology 603933.SS | China | $526M | -31% | +29% | 3% | 1.6× | n/a | n/a |
| Cashway Fintech 603106.SS | China | $526M | -24% | -36% | 8% | 10.1× | n/a | n/a |
| Nomura Micro Science 6254.T | Japan | $527M | -43% | -48% | 11% | 2.5× | 22.4% | +13.1% |
| Hyster-Yale HY | United States | $509M | -24% | -11% | -1% | 0.3× | 32.0% | +6.0% |
| Nanjing Canatal Data-Centre Environmental Tech 603912.SS | China | $529M | -38% | -18% | -19% | 4.7× | n/a | n/a |
| Qingdao Weflo Valve 002871.SZ | China | $530M | -24% | +17% | 18% | 4.3× | 22.0% | +14.3% |
| Daiwa 6459.T | Japan | $507M | -19% | 0% | 15% | 0.4× | n/a | n/a |
| Sinko Industries 6458.T | Japan | $507M | -8% | +2% | 15% | 1.3× | -1.4% | +8.7% |
| Shenzhen Jasic Technology 300193.SZ | China | $506M | -17% | +21% | 14% | 1.4× | -0.1% | +4.5% |
| GMM Pfaudler GMMPFAUDLR.NS | India | $532M | +22% | +14% | 7% | 1.4× | 13.9% | +28.6% |
| Porvair PRV.L | United Kingdom | $532M | +15% | +3% | 13% | 2.0× | 6.8% | +7.5% |
| Higa 603150.SS | China | $532M | -32% | +76% | 3% | 0.9× | 15.7% | +27.7% |