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← CockpitCompetitor Analysis › 300350.SZ HPF Co., Ltd Class AOpen in the cockpit ↗

HPF Co., Ltd Class A300350.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Air Freight/Couriers
Momentum strong 79
Mkt cap
$465M
US dollars, full cap
Free float
93%
of shares outstanding
$/day
$15.1M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-9.5 pp
WACC 7.1%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥4.68
1D-2.9%
1W+7.6%
1M-5.1%
3M+8.3%
6M-12.5%
YTD-25.8%
1Y-30.6%
ATR %5.0%
52w lowhigh39.7% off high

What HPF does

Employees: 308

HPF at a glance

Size HPF (300350.SZ) is a China Industrials company (Air Freight/Couriers) with a market value of $465M, the 4041st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.68 on 6 Nov 2026.

Performance Over six months the shares fell 12.5%, against -11.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 20 in its peer set.

Growth Revenue grew 73.2% over the last twelve months (peer median +2.8%); the operating margin is -4.7% (peer median 3.1%).

Valuation It trades at 5.0× enterprise value to sales against a peer median of 1.8× (5th most expensive of 20).

Capital Return on invested capital runs 9.5 points below its cost of capital (7.1% WACC).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026300350.SZ 87Peer median 87
Six months, rebased to 100: HPF against the median of its 20 peers (local-currency closes).

HPF financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥628MCN¥459MCN¥333MCN¥361MCN¥513M
Revenue growth—+38%-8%-30%—
Gross profitCN¥41.4MCN¥33.3MCN¥31.9MCN¥54.1MCN¥72.5M
EBITDACN¥4.70M-CN¥4.02M-CN¥388,820-CN¥22.4M-CN¥54.1M
Net income-CN¥47.9M-CN¥36.0MCN¥17.1MCN¥98.8M-CN¥67.8M
Free cash flow-CN¥279M-CN¥191M-CN¥16.0M-CN¥83.6M-CN¥27.8M
Capital expenditureCN¥183MCN¥118MCN¥6.23MCN¥21.3MCN¥12.7M
Total debtCN¥167MCN¥134MCN¥45.8MCN¥83.4MCN¥124M

Quarterly statements and history in the cockpit →

HPF 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%-10%0%+10%603648PNLMAHLOG603535RLGTSINDHUTRAD56079310S08TVSSCS002485300873000701603836F836033290027695609300350.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. HPF is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×5×10×603648MAHLOG603535RLGTSINDHUTRAD56079310S08TVSSCS002485000701LEAPIND6033290027695609300350.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. HPF is the large dot.

HPF competitors and peer comparison

How HPF 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.

HPF against its 20 peers (data as of 6 Nov 2026)
Measure300350.SZPeer medianRank in peer set
1-month return-5.1%-6.9%10th highest of 21
6-month return-12.5%-11.6%10th lowest of 20
Distance from 52-week high-39.7%-25.7%4th lowest of 21
Revenue growth (TTM)+73.2%+2.8%highest of 21
Operating margin-4.7%3.1%3rd lowest of 20
EV / Sales5.0×1.8×5th most expensive of 20
ROIC minus cost of capital-9.5 pp-2.3 pp2nd lowest of 19
Net debt / EBITDA12.8×1.7×4th most indebted of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
HPF 300350.SZChina$465M-13%+73%-5%5.0×n/an/a
Shanghai Shine-Link International Logistics 603648.SSChina$467M-15%+10%11%1.9×-0.7%+0.3%
PostNL PNL.ASNetherlands$473M-16%+2%1%n/an/an/a
Mahindra Logistics MAHLOG.NSIndia$443M+5%+20%2%0.6×33.7%+16.5%
Guangzhou Jiacheng International Logistics 603535.SSChina$427M-30%-29%-2%4.2×16.0%-0.4%
Radiant Logistics RLGTUnited States$418M+8%+4%2%0.5×16.3%+0.8%
Sindhu Trade Links SINDHUTRAD.NSIndia$405M-12%-64%2%9.2×n/an/a
Farglory Free Trade Zone Investment 5607.TWTaiwan$534M0%+30%42%6.2×-2.7%+16.8%
Japan Transcity 9310.TJapan$538M+15%+1%7%0.8×1.3%+4.4%
Singapore Post S08.SISingapore$546M-17%-73%3%1.9×n/an/a
TVS Supply Chain Solutions TVSSCS.NSIndia$547M-4%+17%2%0.4×14.4%+9.7%
Cedar Development 002485.SZChina$392M-2%-32%-17%5.0×n/an/a
Hichain Logistics 300873.SZChina$560M-22%+15%14%1.8×3.2%+12.1%
Xiamen Xinde 000701.SZChina$568M-3%-22%n/a0.6×n/an/a
LEAP India LEAPIND.NSIndia$569Mn/a+56%27%8.2×n/an/a
Bondex Supply Chain Management 603836.SSChina$364M-14%+17%1%0.2×n/an/a
COSCO Shipping International Singapore F83.SISingapore$347M-18%+10%7%1.9×17.2%+0.9%
Shanghai Ace Investment & Development 603329.SSChina$341M-19%-60%10%1.2×-6.5%+10.9%
Guangdong Prolto Supply Chain Management 002769.SZChina$337M-39%-66%-13%11.3×41.0%-42.0%
China Master Logistics 603967.SSChina$644M-11%+11%4%0.4×-12.1%+11.4%
Dimerco Express 5609.TWOTaiwan$333M-1%+2%4%0.2×-15.9%+5.3%

Questions

Which companies are HPF's closest peers?
The cockpit's peer set: Shanghai Shine-Link International Logistics (603648.SS), PostNL (PNL.AS), Mahindra Logistics (MAHLOG.NS), Guangzhou Jiacheng International Logistics (603535.SS), Radiant Logistics (RLGT), Sindhu Trade Links (SINDHUTRAD.NS), Farglory Free Trade Zone Investment (5607.TW), Japan Transcity (9310.T).
Is HPF expensive compared with its peers?
On ev / sales it trades at 5.0× against a peer median of 1.8×, 5th most expensive of 20 in its peer set.
How has HPF stock performed?
Over six months to 6 Nov 2026 the shares returned -12.5% against -11.6% for the median peer; over one year -30.6%.

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.