Loading…
Shenzhen-based maker of precision metal hardware components and connectors for consumer electronics and other uses.
Shenzhen-based maker of precision metal hardware components and connectors for consumer electronics and other uses.
Moat: none (scale). Commodity precision-manufacturing supplier in a competitive component market.
Headquarters: Shenzhen, China · Employees: 993
Size Shenzhen Lihexing (301013.SZ) is a China Industrials company (Tools & Hardware) with a market value of $855M, the 2607th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.38 on 6 Nov 2026.
Performance Over six months the shares fell 3.5%, against -23.9% for the median peer and -16.4% for the China market (cap-weighted) — 3rd highest of 16 in its peer set.
Growth Revenue grew 7.7% over the last twelve months (peer median +1.0%); the operating margin is -21.6% (peer median 4.0%).
Valuation It trades at 43.5× forward earnings against a peer median of 22.9× (2nd most expensive of 9).
Capital Return on invested capital runs 13.0 points below its cost of capital (8.3% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥587M | CN¥468M | CN¥575M | CN¥468M | CN¥306M |
| Revenue growth | — | -19% | +23% | +53% | — |
| Gross profit | CN¥93.0M | -CN¥13.8M | CN¥109M | CN¥56.7M | CN¥59.1M |
| EBITDA | n/a | -CN¥89.7M | CN¥61.8M | -CN¥17.2M | -CN¥25.2M |
| Net income | -CN¥137M | -CN¥168M | CN¥7.08M | -CN¥37.7M | -CN¥41.4M |
| Free cash flow | -CN¥86.4M | -CN¥60.2M | -CN¥40.1M | -CN¥78.9M | -CN¥197M |
| Capital expenditure | CN¥57.4M | CN¥47.4M | CN¥44.5M | CN¥82.0M | CN¥102M |
| Total debt | CN¥742M | CN¥579M | CN¥398M | CN¥397M | CN¥331M |
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 |
|---|---|---|---|---|---|---|
| Shenzhen Lihexing 301013.SZ | $855M | -3% | +8% | -22% | 43.5× | n/a |
| Luxshare Precision Industry 002475.SZ | $57.7B | -25% | +27% | 4% | 18.9× | n/a |
| Hon Hai Precision Industry 2317.TW | $95.6B | -3% | +25% | 4% | 10.5× | n/a |
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 | 301013.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.2% | -5.0% | lowest of 16 |
| 6-month return | -3.5% | -23.9% | 3rd highest of 16 |
| Distance from 52-week high | -71.9% | -45.6% | lowest of 16 |
| Revenue growth (TTM) | +7.7% | +1.0% | 7th highest of 16 |
| Operating margin | -21.6% | 4.0% | lowest of 16 |
| Forward P/E | 43.5× | 22.9× | 2nd most expensive of 9 |
| ROIC minus cost of capital | -13.0 pp | -5.4 pp | 3rd lowest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Lihexing 301013.SZ | China | $855M | -3% | +8% | -22% | 43.5× | n/a | n/a |
| Einhell Germany AG Pref EIN.DE | Germany | $801M | -12% | 0% | 10% | 9.6× | -6.8% | +9.8% |
| Zhejiang FORE Intelligent Technology 301368.SZ | China | $796M | -24% | +10% | -11% | n/a | n/a | n/a |
| Xianheng International Science&Technology 605056.SS | China | $773M | -50% | +18% | 6% | 17.7× | 6.6% | +18.1% |
| Guangdong Kinlong Hardware Products 002791.SZ | China | $741M | -24% | -20% | -8% | 279.4× | 16.9% | -3.8% |
| Bergman & Beving BERG-B.ST | Sweden | $704M | -9% | +1% | 9% | 24.9× | 5.0% | +2.9% |
| Hengerda New Materials (Fujian) 300946.SZ | China | $1.12B | -34% | +14% | 6% | 31.9× | 55.3% | +11.8% |
| Finework (Hu Nan) New Energy Technology 301232.SZ | China | $1.17B | -52% | +11% | 2% | n/a | n/a | n/a |
| Fiskars Oyj Abp FSKRS.HE | Finland | $1.20B | 0% | 0% | 7% | 20.9× | 8.1% | +0.4% |
| Keystone Electrical (Zhejiang) 301448.SZ | China | $578M | +19% | +5% | 1% | n/a | n/a | n/a |
| Wangli Security & Surveillance Product 605268.SS | China | $576M | -33% | -2% | 4% | 33.5× | 13.7% | +8.9% |
| Guangxi Oriental Intelligent Manufacturing Technology 002175.SZ | China | $439M | -9% | +22% | -9% | n/a | n/a | n/a |
| Bosun 002282.SZ | China | $434M | -21% | -6% | 9% | n/a | -3.7% | +5.7% |
| Nanjing Toua Hardware & Tools 301125.SZ | China | $414M | -20% | +1% | -9% | n/a | n/a | n/a |
| Husqvarna HUSQ-A.ST | Sweden | $1.94B | -24% | -6% | 6% | 13.5× | -2.0% | +2.1% |
| Ken 300126.SZ | China | $332M | -31% | +13% | -17% | n/a | n/a | n/a |