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Chinese maker of gas sensors and gas-detection instruments for industrial safety and environmental monitoring.
Chinese maker of gas sensors and gas-detection instruments for industrial safety and environmental monitoring.
Sells gas sensor components to other equipment makers and finished detectors to end users, so it earns both from parts and from complete instruments. Sensors carry the core, and orders from industrial-safety and environmental programmes often follow changes in regulation. It is based in Zhengzhou.
In one line: A smaller, China-based gas-sensor specialist.
Moat: narrow (process know-how, IP / patents). Sensor-materials know-how built over decades in a niche detection-technology market.
Headquarters: Zhengzhou, China · Founded: 1998 · Employees: 3,129
Size Hanwei Electronics (300007.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $1.79B, the 1397th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥36.50 on 6 Nov 2026.
Performance Over six months the shares fell 15.0%, against -20.0% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 2.6% over the last twelve months (peer median +6.0%); the operating margin is 2.0% (peer median 7.5%).
Valuation It trades at 65.2× forward earnings against a peer median of 16.3× (most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 41% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is +36 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 4.8 points below its cost of capital (7.7% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.29B | CN¥2.40B | CN¥2.22B | CN¥2.28B | CN¥2.38B |
| Revenue growth | — | +8% | -3% | -5% | — |
| Gross profit | CN¥853M | CN¥690M | CN¥605M | CN¥642M | CN¥631M |
| EBITDA | n/a | CN¥190M | CN¥160M | CN¥226M | CN¥246M |
| Net income | CN¥160M | CN¥159M | CN¥76.7M | CN¥131M | CN¥276M |
| Free cash flow | CN¥27.7M | -CN¥48.7M | -CN¥67.4M | -CN¥130M | -CN¥94.1M |
| Capital expenditure | CN¥167M | CN¥204M | CN¥149M | CN¥223M | CN¥195M |
| Total debt | CN¥996M | CN¥1.03B | CN¥925M | CN¥944M | CN¥836M |
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 |
|---|---|---|---|---|---|---|
| Hanwei Electronics 300007.SZ | $1.79B | -15% | -3% | 2% | 65.2× | 40.9% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
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 | 300007.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +27.2% | -7.8% | highest of 21 |
| 6-month return | -15.0% | -20.0% | 8th highest of 21 |
| Distance from 52-week high | -46.2% | -45.8% | 11th highest of 21 |
| Revenue growth (TTM) | -2.6% | +6.0% | 7th lowest of 21 |
| Operating margin | 2.0% | 7.5% | 5th lowest of 21 |
| Forward P/E | 65.2× | 16.3× | most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 40.9% | 14.1% | 2nd most demanding of 14 |
| Growth delivered (Del g) | +4.6% | +9.3% | 4th lowest of 14 |
| Hurdle (Req g minus delivered) | +36.4 pp | -1.5 pp | most demanding of 14 |
| ROIC minus cost of capital | -4.8 pp | -0.7 pp | 8th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hanwei Electronics 300007.SZ | China | $1.79B | -15% | -3% | 2% | 65.2× | 40.9% | +4.6% |
| Oxford Instruments OXIG.L | United Kingdom | $1.79B | -16% | -15% | 15% | 21.9× | 20.1% | +5.8% |
| Suzhou Hengmingda Electronic Technology 002947.SZ | China | $1.78B | -43% | +13% | 18% | 15.6× | 9.4% | +34.8% |
| Beijing Aerospace Shenzhou Intelligent Equipment Technology 300455.SZ | China | $1.81B | -36% | -29% | -4% | n/a | n/a | n/a |
| Shenzhen Topband 002139.SZ | China | $1.81B | -8% | +9% | 3% | 37.7× | n/a | n/a |
| Shanghai Feilo Acoustics 600651.SS | China | $1.82B | -30% | -11% | -3% | n/a | n/a | n/a |
| Jiangsu Linyang Energy 601222.SS | China | $1.74B | -6% | +35% | 8% | 15.4× | n/a | n/a |
| Anritsu 6754.T | Japan | $1.87B | -45% | +21% | 15% | 16.3× | 11.3% | +2.1% |
| Shenzhen Everbest Machinery Industry 002980.SZ | China | $1.90B | -16% | +64% | 23% | n/a | n/a | n/a |
| Suzhou TZTEK Technology 688003.SS | China | $1.67B | -19% | +33% | 5% | 64.3× | 42.0% | +13.2% |
| Goodwe Technologies 688390.SS | China | $1.93B | -51% | +53% | 5% | 17.1× | 17.4% | +41.2% |
| Diebold Nixdorf DBD | United States | $1.96B | -25% | +6% | 9% | 10.5× | -2.0% | -0.5% |
| Zhejiang HangKe Technology 688006.SS | China | $1.64B | -43% | +12% | 3% | 24.0× | 16.0% | +14.9% |
| Shenzhen VMAX New Energy (Group) 688612.SS | China | $1.63B | -21% | -6% | 9% | 17.5× | 18.8% | +57.4% |
| Hexing Electrical 603556.SS | China | $1.61B | -23% | +6% | 9% | 14.2× | 0.1% | +11.3% |
| ULVAC 6728.T | Japan | $2.01B | -34% | +7% | 7% | 15.5× | 14.1% | +8.0% |
| Glory 6457.T | Japan | $1.53B | +16% | -8% | 9% | 12.2× | -8.1% | +9.3% |
| TAIFLEX Scientific 8039.TW | Taiwan | $1.51B | +36% | +3% | 6% | n/a | 28.3% | +3.9% |
| Hangzhou Kelin Electric 688611.SS | China | $1.51B | +4% | -58% | -32% | 48.1× | n/a | n/a |
| Amano 6436.T | Japan | $1.50B | -4% | +1% | 11% | 13.7× | -7.6% | +9.2% |
| Zhejiang Dali Technology 002214.SZ | China | $1.45B | -15% | +1% | -68% | n/a | n/a | n/a |