Employees: 1,127
Size Hiconics Eco-energy Technology (300048.SZ) is a China Industrials company (Electrical Products) with a market value of $756M, the 2888th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.44 on 6 Nov 2026.
Performance Over six months the shares fell 31.1%, against -18.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 22.4% over the last twelve months (peer median +15.8%); the operating margin is -3.3% (peer median 4.8%).
Valuation It trades at 13.4× forward earnings against a peer median of 26.0× (2nd cheapest of 14).
Capital Return on invested capital runs 10.9 points below its cost of capital (7.3% WACC).
Next results Next results expected around 20 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.08B | CN¥7.43B | CN¥4.77B | CN¥1.49B | CN¥1.42B |
| Revenue growth | — | +56% | +221% | +5% | — |
| Gross profit | CN¥708M | CN¥664M | CN¥623M | CN¥239M | CN¥311M |
| EBITDA | n/a | CN¥126M | CN¥122M | -CN¥105M | CN¥101M |
| Net income | -CN¥131M | CN¥62.0M | CN¥10.3M | -CN¥220M | CN¥25.6M |
| Free cash flow | -CN¥630M | CN¥190M | CN¥251M | CN¥87.7M | CN¥142M |
| Capital expenditure | CN¥68.3M | CN¥63.1M | CN¥55.4M | CN¥38.3M | CN¥30.2M |
| Total debt | CN¥1.60B | CN¥1.20B | CN¥818M | CN¥197M | CN¥189M |
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 | 300048.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.1% | -12.9% | 9th highest of 21 |
| 6-month return | -31.1% | -18.7% | 5th lowest of 21 |
| Distance from 52-week high | -50.0% | -39.6% | 4th lowest of 21 |
| Revenue growth (TTM) | -22.4% | +15.8% | 2nd lowest of 21 |
| Operating margin | -3.3% | 4.8% | 4th lowest of 21 |
| Forward P/E | 13.4× | 26.0× | 2nd cheapest of 14 |
| ROIC minus cost of capital | -10.9 pp | -1.4 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hiconics Eco-energy Technology 300048.SZ | China | $756M | -31% | -22% | -3% | 13.4× | n/a | n/a |
| Jiangsu Zhongli 002309.SZ | China | $758M | -35% | +4% | -5% | n/a | n/a | n/a |
| Zhuhai Enpower Electric 300681.SZ | China | $751M | -47% | +74% | 3% | 20.5× | 18.2% | +55.9% |
| Shenzhen INVT Electric 002334.SZ | China | $750M | -21% | +12% | 1% | 20.6× | n/a | n/a |
| Lintes Technology 6715.TW | Taiwan | $763M | -22% | -18% | 5% | 42.9× | 53.3% | -6.9% |
| Jiangsu Tongling Electric 301168.SZ | China | $747M | -2% | -24% | 0% | 52.5× | n/a | n/a |
| Shenzhen SNC Opto Electronic 001326.SZ | China | $767M | +36% | +6% | 5% | n/a | 33.4% | +19.5% |
| Anhui Xinke New Materials 600255.SS | China | $767M | -21% | +23% | 2% | n/a | n/a | n/a |
| Anhui Coreach Technology 002983.SZ | China | $745M | -4% | -16% | 9% | 26.3× | 26.8% | +12.1% |
| Jiangsu Zhenjiang New Energy Equipment 603507.SS | China | $742M | -43% | +41% | 10% | 16.2× | n/a | n/a |
| Tianjin Guoan Mengguli New Materials Science and Technology 301487.SZ | China | $739M | -16% | +38% | 0% | 145.9× | 43.0% | +7.2% |
| Precision Wires India PRECWIRE.NS | India | $776M | -1% | +46% | 5% | 41.8× | n/a | n/a |
| Shanghai Zhongchen Electronic Technology 603275.SS | China | $778M | -26% | +21% | 14% | 26.0× | n/a | n/a |
| Guangzhou Haoyang Electronic 300833.SZ | China | $729M | +3% | +10% | 18% | 24.5× | 5.1% | +23.3% |
| Dalian Insulator 002606.SZ | China | $788M | -17% | +36% | 22% | 15.7× | -4.8% | +15.5% |
| Honbridge 8137.HK | Hong Kong | $792M | 0% | +295% | -12% | n/a | n/a | n/a |
| KSH International KSHINTL.NS | India | $720M | +59% | +61% | 6% | 39.4× | n/a | n/a |
| Xinya Electronic 605277.SS | China | $794M | -28% | +12% | 7% | n/a | 7.9% | +31.5% |
| Shenzhen Minkave Technology 300506.SZ | China | $716M | -31% | -7% | -98% | n/a | n/a | n/a |
| Zhejiang Grandwall Electric Science & Technology 603897.SS | China | $803M | -50% | +15% | 3% | n/a | n/a | n/a |
| Ta Ya Electric Wire & Cable 1609.TW | Taiwan | $709M | -9% | +17% | 12% | 11.0× | n/a | n/a |