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← CockpitCompetitor Analysis › 300257.SZ Kaishan Group Co. Ltd. Class AOpen in the cockpit ↗

Kaishan Group Co. Ltd. Class A300257.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery

Chinese maker of air compressors, also developing geothermal power generation and clean-energy equipment.

Momentum laggard 2
Mkt cap
$2.00B
US dollars, full cap
Free float
34%
of shares outstanding
$/day
$20.3M
20-day average traded
Fwd P/E
22.0×
forward earnings
ROIC−WACC
-0.6 pp
WACC 7.2%
Hurdle
n/a
no reverse DCF
Next earnings
173 days
28 Apr 2027
Close · CNYCN¥13.42
1D-2.3%
1W+6.8%
1M-19.8%
3M-23.2%
6M-56.4%
YTD-4.5%
1Y-18.2%
ATR %6.0%
52w lowhigh65.1% off high

What Kaishan does

Chinese maker of air compressors, also developing geothermal power generation and clean-energy equipment.

Compressors are the core: sold to factories, miners and builders, with spare parts and service on the installed machines adding repeat income. Geothermal power equipment and energy storage are newer, project-based lines whose sales arrive in larger, less regular lumps.

Products and services

  • Screw air compressors
  • Geothermal power equipment
  • Energy storage

Customers

  • Manufacturing plants
  • Mining and construction

Where it sits in the supply chain

  • Industrials
  • Industrial machinery
  • Compressors

What could go right

  • Industrial capex recovery
  • Geothermal energy expansion

What could go wrong

  • Cyclical industrial capex demand

Moat: narrow (distribution, installed base). Established dealer/service network across China and export markets for compressors.

Headquarters: Shaoxing, China · Founded: 1956 · Employees: 3,740

Named competitors

Kaishan at a glance

Size Kaishan (300257.SZ) is a China Industrials company (Industrial Machinery) with a market value of $2.00B, the 1265th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.42 on 6 Nov 2026.

Performance Over six months the shares fell 56.4%, against -3.5% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 18 in its peer set.

Growth Revenue grew 11.6% over the last twelve months (peer median +16.6%); the operating margin is 15.3% (peer median 13.0%).

Valuation It trades at 22.0× forward earnings against a peer median of 18.8× (5th most expensive of 18).

Capital Return on invested capital runs 0.6 points below its cost of capital (7.2% WACC).

Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 95300257.SZ 41
Six months, rebased to 100: Kaishan against the median of its 20 peers (local-currency closes).

Kaishan financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.10BCN¥4.71BCN¥4.22BCN¥4.15BCN¥3.75B
Revenue growth—+12%+2%+11%—
Gross profitCN¥2.10BCN¥1.63BCN¥1.38BCN¥1.33BCN¥1.17B
EBITDAn/aCN¥1.22BCN¥995MCN¥975MCN¥814M
Net incomeCN¥370MCN¥364MCN¥320MCN¥433MCN¥409M
Free cash flow-CN¥63.0MCN¥258MCN¥349M-CN¥297M-CN¥862M
Capital expenditureCN¥964MCN¥670MCN¥666MCN¥931MCN¥1.21B
Total debtCN¥8.78BCN¥8.42BCN¥8.64BCN¥6.01BCN¥5.37B

Quarterly statements and history in the cockpit →

Kaishan 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

-50%-25%0%+25%-40%-20%0%+20%601369EPAC6454LAND6135389930108660053006078210BCHNLMW60328331670004106136ELGIEQUIP300257.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Kaishan is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%25×50×75×601369EPAC6454LAND61353010863006078210BCHNLMW31676136ELGIEQUIP300257.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kaishan is the large dot.

Kaishan competitors and peer comparison

Head to head with its named competitors (300257.SZ vs ATCO-A.ST vs IR vs 5406.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Kaishan 300257.SZ$2.00B-56%+12%15%22.0×n/a
Atlas Copco ATCO-A.ST$87.5B+4%+3%20%29.7×17.7%
Ingersoll Rand IR$31.9B+10%+8%19%21.8×17.3%
Kobe Steel 5406.T$4.83B0%-3%5%7.7×-1.1%
ELGI Equipments ELGIEQUIP.NS$1.87B-1%+16%13%35.0×30.6%

How Kaishan 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.

Kaishan against its 20 peers (data as of 6 Nov 2026)
Measure300257.SZPeer medianRank in peer set
1-month return-19.8%+0.3%4th lowest of 21
6-month return-56.4%-3.5%2nd lowest of 18
Distance from 52-week high-65.1%-22.1%2nd lowest of 21
Revenue growth (TTM)+11.6%+16.6%10th lowest of 21
Operating margin15.3%13.0%8th highest of 21
Forward P/E22.0×18.8×5th most expensive of 18
ROIC minus cost of capital-0.6 pp+3.1 pp6th lowest of 20

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
Kaishan 300257.SZChina$2.00B-56%+12%15%22.0×n/an/a
Xi'an Shaangu Power 601369.SSChina$2.00B-22%-5%7%18.2×-11.1%+3.2%
Enerpac Tool EPACUnited States$1.99B+9%+6%20%18.8×3.8%+4.3%
Max 6454.TJapan$2.01B+1%+11%18%19.4×2.4%+9.2%
Landis+Gyr LAND.SWSwitzerland$2.01B+17%-22%25%21.5×-10.2%-5.7%
Makino Milling Machine 6135.TJapan$1.99B+35%+17%12%10.1×-3.2%+17.5%
Direct Drive Tech 6731.HKHong Kong$2.02Bn/a+253%-38%n/an/an/a
CIMC Enric 3899.HKHong Kong$1.96B-32%+6%4%10.4×-4.7%+15.6%
Shenzhen Hongfuhan Technology 301086.SZChina$2.04B-23%+58%14%27.7×n/an/a
Miura 6005.TJapan$2.05B-11%+6%11%11.6×-4.3%+14.8%
Guangdong Topstar Technology 300607.SZChina$2.05B-1%+20%7%88.9×31.0%-1.8%
Chenbro Micom 8210.TWTaiwan$2.06B-57%+54%23%10.4×0.3%+23.9%
Burckhardt Compression BCHN.SWSwitzerland$2.07B-3%-15%13%18.6×-7.8%+9.9%
LMW LMW.NSIndia$1.93B+14%+19%4%55.9×n/an/a
Midera Food Processing MFPUnited States$1.92Bn/a+11%14%16.4×0.9%+10.5%
Suzhou Secote Precision Electronic 603283.SSChina$1.92B-12%+9%20%20.2×n/an/a
Excelland Robotics (Wuxi) 3231.HKHong Kong$1.91Bn/a+19%-36%n/an/an/a
Ta Liang Technology 3167.TWTaiwan$1.89B-9%+103%23%19.6×31.8%+15.9%
Shenyang Machine Tool 000410.SZChina$2.11B-14%+29%-3%n/a25.3%+22.7%
OSG 6136.TJapan$1.88B-2%+20%18%11.4×1.7%+9.0%
ELGI Equipments ELGIEQUIP.NSIndia$1.87B-1%+16%13%35.0×30.6%+15.5%

Questions

Who are Kaishan's main competitors?
Named competitors: Atlas Copco (ATCO-A.ST), Ingersoll Rand (IR), Kobe Steel (5406.T), ELGI Equipments (ELGIEQUIP.NS), Hanbell Precise Machinery (private or unlisted). The cockpit's measured peer set (industry) also includes Xi'an Shaangu Power (601369.SS), Enerpac Tool (EPAC), Max (6454.T), Landis+Gyr (LAND.SW), Makino Milling Machine (6135.T), Direct Drive Tech (6731.HK).
Is Kaishan expensive compared with its peers?
On forward p/e it trades at 22.0× against a peer median of 18.8×, 5th most expensive of 18 in its peer set.
How has Kaishan stock performed?
Over six months to 6 Nov 2026 the shares returned -56.4% against -3.5% for the median peer; over one year -18.2%.

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.