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← CockpitCompetitor Analysis › 300048.SZ Hiconics Eco-energy Technology Co., Ltd. Class AOpen in the cockpit ↗

Hiconics Eco-energy Technology Co., Ltd. Class A300048.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products
Momentum weak 20
Mkt cap
$756M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$5.81M
20-day average traded
Fwd P/E
13.4×
forward earnings
ROIC−WACC
-10.9 pp
WACC 7.3%
Hurdle
n/a
no reverse DCF
Next earnings
165 days
20 Apr 2027
Close · CNYCN¥4.44
1D-0.9%
1W+3.7%
1M-7.1%
3M-19.6%
6M-31.1%
YTD-25.4%
1Y-30.3%
ATR %3.3%
52w lowhigh50.0% off high

What Hiconics Eco-energy Technology does

Employees: 1,127

Hiconics Eco-energy Technology at a glance

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).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 79300048.SZ 68
Six months, rebased to 100: Hiconics Eco-energy Technology against the median of its 20 peers (local-currency closes).

Hiconics Eco-energy Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥6.08BCN¥7.43BCN¥4.77BCN¥1.49BCN¥1.42B
Revenue growth—+56%+221%+5%—
Gross profitCN¥708MCN¥664MCN¥623MCN¥239MCN¥311M
EBITDAn/aCN¥126MCN¥122M-CN¥105MCN¥101M
Net income-CN¥131MCN¥62.0MCN¥10.3M-CN¥220MCN¥25.6M
Free cash flow-CN¥630MCN¥190MCN¥251MCN¥87.7MCN¥142M
Capital expenditureCN¥68.3MCN¥63.1MCN¥55.4MCN¥38.3MCN¥30.2M
Total debtCN¥1.60BCN¥1.20BCN¥818MCN¥197MCN¥189M

Quarterly statements and history in the cockpit →

Hiconics Eco-energy Technology 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

-40%-20%0%+20%+40%-30%-20%-10%0%0023093006810023346715301168001326600255002983603507301487PRECWIRE6032753008330026068137KSHINTL6052773005066038971609300048.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Hiconics Eco-energy Technology is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%50×100×150×3006810023346715301168002983603507301487PRECWIRE603275300833002606KSHINTL1609300048.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hiconics Eco-energy Technology is the large dot.

Hiconics Eco-energy Technology competitors and peer comparison

How Hiconics Eco-energy Technology 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.

Hiconics Eco-energy Technology against its 20 peers (data as of 6 Nov 2026)
Measure300048.SZPeer medianRank 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/E13.4×26.0×2nd cheapest of 14
ROIC minus cost of capital-10.9 pp-1.4 pp2nd lowest of 21

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
Hiconics Eco-energy Technology 300048.SZChina$756M-31%-22%-3%13.4×n/an/a
Jiangsu Zhongli 002309.SZChina$758M-35%+4%-5%n/an/an/a
Zhuhai Enpower Electric 300681.SZChina$751M-47%+74%3%20.5×18.2%+55.9%
Shenzhen INVT Electric 002334.SZChina$750M-21%+12%1%20.6×n/an/a
Lintes Technology 6715.TWTaiwan$763M-22%-18%5%42.9×53.3%-6.9%
Jiangsu Tongling Electric 301168.SZChina$747M-2%-24%0%52.5×n/an/a
Shenzhen SNC Opto Electronic 001326.SZChina$767M+36%+6%5%n/a33.4%+19.5%
Anhui Xinke New Materials 600255.SSChina$767M-21%+23%2%n/an/an/a
Anhui Coreach Technology 002983.SZChina$745M-4%-16%9%26.3×26.8%+12.1%
Jiangsu Zhenjiang New Energy Equipment 603507.SSChina$742M-43%+41%10%16.2×n/an/a
Tianjin Guoan Mengguli New Materials Science and Technology 301487.SZChina$739M-16%+38%0%145.9×43.0%+7.2%
Precision Wires India PRECWIRE.NSIndia$776M-1%+46%5%41.8×n/an/a
Shanghai Zhongchen Electronic Technology 603275.SSChina$778M-26%+21%14%26.0×n/an/a
Guangzhou Haoyang Electronic 300833.SZChina$729M+3%+10%18%24.5×5.1%+23.3%
Dalian Insulator 002606.SZChina$788M-17%+36%22%15.7×-4.8%+15.5%
Honbridge 8137.HKHong Kong$792M0%+295%-12%n/an/an/a
KSH International KSHINTL.NSIndia$720M+59%+61%6%39.4×n/an/a
Xinya Electronic 605277.SSChina$794M-28%+12%7%n/a7.9%+31.5%
Shenzhen Minkave Technology 300506.SZChina$716M-31%-7%-98%n/an/an/a
Zhejiang Grandwall Electric Science & Technology 603897.SSChina$803M-50%+15%3%n/an/an/a
Ta Ya Electric Wire & Cable 1609.TWTaiwan$709M-9%+17%12%11.0×n/an/a

Questions

Which companies are Hiconics Eco-energy Technology's closest peers?
The cockpit's peer set: Jiangsu Zhongli (002309.SZ), Zhuhai Enpower Electric (300681.SZ), Shenzhen INVT Electric (002334.SZ), Lintes Technology (6715.TW), Jiangsu Tongling Electric (301168.SZ), Shenzhen SNC Opto Electronic (001326.SZ), Anhui Xinke New Materials (600255.SS), Anhui Coreach Technology (002983.SZ).
Is Hiconics Eco-energy Technology expensive compared with its peers?
On forward p/e it trades at 13.4× against a peer median of 26.0×, 2nd cheapest of 14 in its peer set.
How has Hiconics Eco-energy Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -31.1% against -18.7% for the median peer; over one year -30.3%.

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.