Loading…
Leading Chinese maker of pharmaceutical production and packaging line equipment, including sterile filling and packaging systems.
Leading Chinese maker of pharmaceutical production and packaging line equipment, including sterile filling and packaging systems.
Is paid per production line, often in instalments tied to delivery, installation and acceptance, so revenue follows drugmakers' plant-building and upgrade cycles. Once its equipment is validated in a plant, customers return for spare parts and added lines.
Moat: narrow (process know-how, customer qualification). Equipment validated within GMP-regulated pharma production lines, creating switching friction.
Headquarters: Changsha, China · Founded: 1997 · Employees: 6,369
Size Truking Technology (300358.SZ) is a China Industrials company (Industrial Machinery) with a market value of $968M, the 2353rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.03 on 6 Nov 2026.
Performance Over six months the shares fell 7.8%, against -17.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 20 in its peer set.
Growth Revenue grew 6.0% over the last twelve months (peer median +10.9%); the operating margin is 6.5% (peer median 8.7%).
Valuation It trades at 18.4× forward earnings against a peer median of 19.0× (6th cheapest of 12).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -12 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.6 points above its cost of capital (7.8% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.89B | CN¥5.75B | CN¥5.85B | CN¥6.83B | CN¥6.42B |
| Revenue growth | — | -2% | -14% | +6% | — |
| Gross profit | CN¥2.21B | CN¥1.72B | CN¥1.41B | CN¥2.02B | CN¥2.18B |
| EBITDA | n/a | CN¥501M | -CN¥126M | CN¥606M | CN¥765M |
| Net income | CN¥410M | CN¥255M | -CN¥453M | CN¥317M | CN¥567M |
| Free cash flow | CN¥757M | CN¥503M | -CN¥565M | -CN¥412M | -CN¥800M |
| Capital expenditure | CN¥176M | CN¥289M | CN¥704M | CN¥617M | CN¥835M |
| Total debt | CN¥1.75B | CN¥1.90B | CN¥3.18B | CN¥1.33B | CN¥1.14B |
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 |
|---|---|---|---|---|---|---|
| Truking Technology 300358.SZ | $968M | -8% | +6% | 6% | 18.4× | -1.7% |
| Tofflon Science and Technology 300171.SZ | $1.57B | +4% | -2% | 6% | 34.7× | 8.0% |
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 | 300358.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.8% | -12.6% | 7th highest of 21 |
| 6-month return | -7.8% | -17.3% | 7th highest of 20 |
| Distance from 52-week high | -34.0% | -46.9% | 7th highest of 21 |
| Revenue growth (TTM) | +6.0% | +10.9% | 9th lowest of 21 |
| Operating margin | 6.5% | 8.7% | 10th lowest of 21 |
| Forward P/E | 18.4× | 19.0× | 6th cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | -1.7% | 13.6% | 3rd least demanding of 11 |
| Growth delivered (Del g) | +10.1% | +9.5% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | -11.8 pp | +4.6 pp | 3rd least demanding of 11 |
| ROIC minus cost of capital | +0.6 pp | -3.1 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Truking Technology 300358.SZ | China | $968M | -8% | +6% | 6% | 18.4× | -1.7% | +10.1% |
| Yindu Kitchen Equipment 603277.SS | China | $969M | -17% | -4% | 19% | 13.0× | -4.3% | +11.1% |
| METAWATER 9551.T | Japan | $972M | +4% | +13% | 6% | 13.5× | 0.9% | +9.5% |
| Chang Wah Electromaterials 8070.TW | Taiwan | $965M | -10% | +19% | 12% | 19.3× | -6.6% | +3.3% |
| Zhejiang Liju Thermal Energy Equipment 603391.SS | China | $973M | +18% | +9% | 18% | n/a | 12.0% | +5.0% |
| Shanghai Shibei Hi-Tech 600604.SS | China | $960M | -13% | -26% | 4% | n/a | 15.1% | -1.7% |
| Zhejiang Taitan 003036.SZ | China | $953M | -10% | +14% | 2% | n/a | n/a | n/a |
| Ye Siang Enterprise 7909.TWO | Taiwan | $984M | -53% | -14% | 16% | n/a | 34.9% | -13.5% |
| Changzhou Kaidi Electrical 605288.SS | China | $985M | +12% | +1% | 3% | 50.5× | n/a | n/a |
| SUSS MicroTec SMHN.DE | Germany | $948M | -53% | -15% | 9% | 35.8× | 24.2% | +14.8% |
| Phoenix Silicon International 8028.TW | Taiwan | $991M | -26% | +24% | 24% | 18.3× | n/a | n/a |
| Zhejiang Jinggong Integration Technology 002006.SZ | China | $946M | -31% | -12% | 5% | 21.6× | 28.8% | +9.6% |
| Noritake Co.,Limited 5331.T | Japan | $991M | -19% | +9% | 9% | 8.2× | n/a | n/a |
| Jiangyin Hengrun Heavy Industries 603985.SS | China | $942M | -45% | -20% | 9% | n/a | n/a | n/a |
| Shanghai Seer Intelligent Technology 6106.HK | Hong Kong | $940M | n/a | +30% | -12% | n/a | n/a | n/a |
| Taesung 323280.KS | South Korea | $999M | -44% | +67% | 3% | n/a | n/a | n/a |
| Sichuan Zigong Conveying Machine 001288.SZ | China | $999M | +1% | -20% | 3% | 19.0× | n/a | n/a |
| Shenzhen Dobot 2432.HK | Hong Kong | $937M | -50% | +67% | -33% | n/a | n/a | n/a |
| Unimech Aerospace & Manufacturing UNIMECH.NS | India | $937M | +63% | +40% | 27% | 61.6× | n/a | n/a |
| Shanghai SK Automation Technology 688155.SS | China | $936M | -53% | +56% | 15% | 17.6× | 5.3% | +43.3% |
| Est Tools 300488.SZ | China | $1.01B | +17% | +15% | 29% | n/a | 15.3% | +13.1% |