Chinese maker of fastening systems (bolts, screws, precision fasteners) for industrial and auto use.
Chinese maker of fastening systems (bolts, screws, precision fasteners) for industrial and auto use.
Moat: none. Fasteners are a competitive, price-sensitive component category.
Headquarters: Shanghai, China · Employees: 1,124
Size Essence Fastening Systems (Shanghai) (301005.SZ) is a China Industrials company (Metal Fabrication) with a market value of $1.54B, the 1595th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥55.59 on 6 Nov 2026.
Performance Over six months the shares fell 55.4%, against -12.8% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 17.2% over the last twelve months (peer median +19.4%); the operating margin is -0.5% (peer median 9.9%).
Valuation It trades at 11.2× enterprise value to sales against a peer median of 3.5× (4th most expensive of 21).
Capital Return on invested capital runs 5.8 points below its cost of capital (9.5% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥920M | CN¥877M | CN¥629M | CN¥491M | CN¥466M |
| Revenue growth | — | +40% | +28% | +5% | — |
| Gross profit | CN¥220M | CN¥156M | CN¥122M | CN¥96.1M | CN¥135M |
| EBITDA | n/a | CN¥79.2M | CN¥63.2M | CN¥41.9M | CN¥79.5M |
| Net income | -CN¥10.7M | CN¥16.3M | CN¥10.6M | CN¥23.6M | CN¥62.1M |
| Free cash flow | CN¥63.2M | -CN¥19.0M | -CN¥35.1M | -CN¥49.8M | -CN¥124M |
| Capital expenditure | CN¥43.4M | CN¥16.8M | CN¥24.4M | CN¥101M | CN¥136M |
| Total debt | CN¥260M | CN¥290M | CN¥227M | CN¥135M | CN¥98.2M |
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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 | 301005.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.5% | -14.0% | 4th highest of 21 |
| 6-month return | -55.4% | -12.8% | lowest of 21 |
| Distance from 52-week high | -65.9% | -45.7% | 3rd lowest of 21 |
| Revenue growth (TTM) | +17.2% | +19.4% | 11th highest of 21 |
| Operating margin | -0.5% | 9.9% | 2nd lowest of 21 |
| EV / Sales | 11.2× | 3.5× | 4th most expensive of 21 |
| ROIC minus cost of capital | -5.8 pp | -1.9 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Essence Fastening Systems (Shanghai) 301005.SZ | China | $1.54B | -55% | +17% | 0% | 11.2× | n/a | n/a |
| Luoyang Xinqianglian Slewing Bearing 300850.SZ | China | $1.54B | -42% | +10% | 21% | 3.0× | n/a | n/a |
| Usha Martin USHAMART.NS | India | $1.54B | 0% | +9% | 17% | 3.8× | 23.1% | +12.0% |
| Suzhou UIGreen Micro&Nano Technologies 688661.SS | China | $1.55B | -44% | -7% | -3% | 12.2× | n/a | n/a |
| Shenzhen Vital New Material 301319.SZ | China | $1.53B | +15% | +34% | 5% | 5.4× | n/a | n/a |
| HENGHUI Technology 301678.SZ | China | $1.53B | -28% | +10% | 8% | 8.2× | n/a | n/a |
| Richelieu Hardware RCH.TO | Canada | $1.48B | -2% | +7% | 7% | 1.1× | 5.7% | +11.7% |
| Changzhou Nrb 002708.SZ | China | $1.63B | +50% | +29% | 1% | 4.0× | n/a | n/a |
| Azad Engineering AZAD.NS | India | $1.66B | +8% | +29% | 28% | 24.5× | n/a | n/a |
| Nanshan Aluminium International 2610.HK | Hong Kong | $1.67B | -45% | -19% | 21% | 1.1× | n/a | n/a |
| Freewon China 688678.SS | China | $1.41B | -13% | +33% | 6% | 3.7× | n/a | n/a |
| Riyue Heavy Industry 603218.SS | China | $1.41B | -28% | -17% | 5% | 1.6× | 5.0% | +4.1% |
| Happy Forging HAPPYFORGE.NS | India | $1.70B | +20% | +16% | 25% | 9.8× | 42.7% | +21.2% |
| Gaona Aero Material 300034.SZ | China | $1.71B | -29% | +5% | 5% | 3.3× | 21.3% | +18.5% |
| Wuxi Paike New Materials and Technology 605123.SS | China | $1.34B | -31% | +23% | 8% | 2.3× | n/a | n/a |
| Ramkrishna Forgings RKFORGE.NS | India | $1.34B | +12% | +25% | 9% | 3.0× | n/a | n/a |
| SF Diamond 300179.SZ | China | $1.81B | -12% | +34% | 11% | 17.3× | 49.2% | +12.2% |
| Baoding Technology 002552.SZ | China | $1.84B | +44% | +64% | 15% | 3.0× | 11.3% | +54.0% |
| Beijer Alma BEIA-B.ST | Sweden | $1.86B | 0% | +6% | 15% | 2.6× | 9.9% | +12.8% |
| Hunan Boyun New Materials 002297.SZ | China | $1.25B | -41% | +37% | 15% | 6.7× | n/a | n/a |
| Guangdong Xianglu Tungsten 002842.SZ | China | $1.23B | -38% | +126% | 15% | 2.1× | n/a | n/a |