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← CockpitCompetitor Analysis › 300669.SZ Hangzhou Huning Elevator Parts Co. Ltd. Class AOpen in the cockpit ↗

Hangzhou Huning Elevator Parts Co. Ltd. Class A300669.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Trucks/Construction/Farm Machinery
Momentum weak 33
Mkt cap
$591M
US dollars, full cap
Free float
81%
of shares outstanding
$/day
$4.90M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-5.8 pp
WACC 8.8%
Hurdle
+52 pp
Req g minus delivered
Close · CNYCN¥20.52
1D-4.0%
1W-2.8%
1M-13.4%
3M-0.6%
6M-36.4%
YTD-22.0%
1Y-34.1%
ATR %6.2%
52w lowhigh47.6% off high

What Hangzhou Huning Elevator Parts does

Employees: 648

Hangzhou Huning Elevator Parts at a glance

Size Hangzhou Huning Elevator Parts (300669.SZ) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $591M, the 3454th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.52 on 6 Nov 2026.

Performance Over six months the shares fell 36.4%, against -18.5% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue fell 1.8% over the last twelve months (peer median +1.9%); the operating margin is 1.1% (peer median 5.4%).

Valuation It trades at 12.2× enterprise value to sales against a peer median of 1.8× (most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 50% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +52 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 5.8 points below its cost of capital (8.8% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 83300669.SZ 64
Six months, rebased to 100: Hangzhou Huning Elevator Parts against the median of its 20 peers (local-currency closes).

Hangzhou Huning Elevator Parts financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥315MCN¥325MCN¥322MCN¥373MCN¥402M
Revenue growth—+1%-14%-7%—
Gross profitCN¥80.2MCN¥56.5MCN¥67.4MCN¥86.6MCN¥90.6M
EBITDAn/aCN¥45.8MCN¥46.9MCN¥67.6MCN¥64.9M
Net incomeCN¥12.2MCN¥19.2MCN¥27.7MCN¥48.6MCN¥51.8M
Free cash flowCN¥22.5M-CN¥4.09MCN¥34.9M-CN¥13.1M-CN¥7.73M
Capital expenditureCN¥12.0MCN¥33.5MCN¥32.1MCN¥107MCN¥72.6M
Total debtCN¥77.5MCN¥71.5MCN¥56.5MCN¥74.2MCN¥52.3M

Quarterly statements and history in the cockpit →

Hangzhou Huning Elevator Parts 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%PON1V002454688569600984002111002480BALUFORGE60396668857030040722083010166016AJAXENGGCMCO6345300818GREAVESCOTENDUR300669.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Hangzhou Huning Elevator Parts is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%5×10×PON1V002454688569600984002111002480BALUFORGE60396630040722083010166016AJAXENGG600262CMCO300818GREAVESCOTENDUR300669.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hangzhou Huning Elevator Parts is the large dot.

Capital: growth delivered against growth the price implies

0%+25%+50%+75%0%50%688569600984002111002480603966688570300407301016AJAXENGG600262GREAVESCOTENDUR300669.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Hangzhou Huning Elevator Parts is the large dot.

Hangzhou Huning Elevator Parts competitors and peer comparison

How Hangzhou Huning Elevator Parts 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.

Hangzhou Huning Elevator Parts against its 20 peers (data as of 6 Nov 2026)
Measure300669.SZPeer medianRank in peer set
1-month return-13.4%-4.1%7th lowest of 21
6-month return-36.4%-18.5%2nd lowest of 21
Distance from 52-week high-47.6%-30.9%2nd lowest of 21
Revenue growth (TTM)-1.8%+1.9%9th lowest of 21
Operating margin1.1%5.4%5th lowest of 21
EV / Sales12.2×1.8×most expensive of 21
Growth the price implies (Req g, 7 yrs)50.1%6.9%most demanding of 14
Growth delivered (Del g)-1.7%+6.6%4th lowest of 14
Hurdle (Req g minus delivered)+51.9 pp+2.2 ppmost demanding of 14
ROIC minus cost of capital-5.8 pp-0.8 pp6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Hangzhou Huning Elevator Parts 300669.SZChina$591M-36%-2%1%12.2×50.1%-1.7%
Ponsse PON1V.HEFinland$595M-15%-3%4%0.8×n/an/a
Songz Automobile Air Conditioning 002454.SZChina$596M-36%+7%4%0.7×n/an/a
Beijing Tieke Shougang Railway-Tech 688569.SSChina$606M-5%+24%22%2.5×-2.0%+0.8%
Shaanxi Construction Machinery 600984.SSChina$611M-24%-4%-61%4.9×6.9%-8.6%
Weihai Guangtai Airport Equipment 002111.SZChina$620M-29%+11%6%1.6×5.8%+2.4%
Chengdu Xinzhu Road & Bridge Machinery 002480.SZChina$620M-18%-21%-4%8.2×12.5%-8.7%
Balu Forge Industries BALUFORGE.NSIndia$624M-10%+31%26%5.0×n/an/a
Eurocrane (China) 603966.SSChina$557M-32%-3%9%1.6×1.2%+14.0%
Beijing Tianma Intelligent Control Technology 688570.SSChina$628M-22%-5%-1%1.4×14.1%+6.8%
Tianjin Keyvia Electric 300407.SZChina$549M-20%+13%2%0.8×-1.6%+6.6%
CSBC Corp. Taiwan 2208.TWTaiwan$642M-18%-15%-5%2.9×n/an/a
Nanjing Railway New Technology 301016.SZChina$542M-28%-1%18%8.1×19.2%-3.9%
Japan Engine 6016.TJapan$532M-19%-2%20%2.9×n/an/a
Ajax Engineering AJAXENGG.NSIndia$676M+1%+1%12%3.0×25.4%+23.2%
Inner Mongolia North Hauler Joint Stock 600262.SSChina$510M-18%-3%8%0.7×-13.2%+17.5%
Columbus McKinnon CMCOUnited States$510M+11%+81%4%2.1×n/an/a
Aichi 6345.TJapan$507M-11%+2%11%0.9×-5.3%+0.1%
Naipu Mining Machinery 300818.SZChina$504M-40%+21%9%3.6×n/an/a
Greaves Cotton GREAVESCOT.NSIndia$503M+22%+28%3%1.2×41.8%+17.8%
Endur ENDUR.OLNorway$696M+7%+88%5%1.0×8.8%+88.7%

Questions

Which companies are Hangzhou Huning Elevator Parts's closest peers?
The cockpit's peer set: Ponsse (PON1V.HE), Songz Automobile Air Conditioning (002454.SZ), Beijing Tieke Shougang Railway-Tech (688569.SS), Shaanxi Construction Machinery (600984.SS), Weihai Guangtai Airport Equipment (002111.SZ), Chengdu Xinzhu Road & Bridge Machinery (002480.SZ), Balu Forge Industries (BALUFORGE.NS), Eurocrane (China) (603966.SS).
Is Hangzhou Huning Elevator Parts expensive compared with its peers?
On ev / sales it trades at 12.2× against a peer median of 1.8×, most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 50% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +52 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Hangzhou Huning Elevator Parts stock performed?
Over six months to 6 Nov 2026 the shares returned -36.4% against -18.5% for the median peer; over one year -34.1%.

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.