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Foshan maker of precision air-conditioning and liquid-cooling equipment for data centers, plus industrial and specialized climate-control systems.
Foshan maker of precision air-conditioning and liquid-cooling equipment for data centers, plus industrial and specialized climate-control systems.
Designs and builds cooling and air-conditioning systems to order, so revenue arrives project by project from data-center operators, utilities, industrial plants and specialized sites such as nuclear power stations. Data-center liquid cooling, which carries heat away with fluid rather than air, is the line now carrying the business.
Moat: narrow (customer qualification, process know-how). Custom-engineered systems qualified by data-center, utility and nuclear buyers; liquid-cooling patents.
Headquarters: Foshan, China · Founded: 2000 · Employees: 3,696
Size Guangdong Shenling Environmental Systems (301018.SZ) is a China Industrials company (Industrial Machinery) with a market value of $3.42B, the 756th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥60.97 on 6 Nov 2026.
Performance Over six months the shares fell 26.9%, against -14.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 45.3% over the last twelve months (peer median +10.0%); the operating margin is 4.8% (peer median 9.8%).
Valuation It trades at 64.8× forward earnings against a peer median of 26.1× (4th most expensive of 19).
Capital Return on invested capital runs 8.3 points below its cost of capital (12.8% WACC).
Next results Next results expected around 3 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.13B | CN¥4.20B | CN¥3.00B | CN¥2.49B | CN¥2.22B |
| Revenue growth | — | +40% | +20% | +12% | — |
| Gross profit | CN¥1.16B | CN¥940M | CN¥662M | CN¥602M | CN¥587M |
| EBITDA | n/a | CN¥378M | CN¥199M | CN¥201M | CN¥220M |
| Net income | CN¥209M | CN¥217M | CN¥116M | CN¥105M | CN¥166M |
| Free cash flow | -CN¥1.22B | -CN¥49.4M | -CN¥233M | -CN¥207M | -CN¥144M |
| Capital expenditure | CN¥533M | CN¥375M | CN¥375M | CN¥222M | CN¥207M |
| Total debt | CN¥4.53B | CN¥1.52B | CN¥1.15B | CN¥987M | CN¥919M |
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 |
|---|---|---|---|---|---|---|
| Guangdong Shenling Environmental Systems 301018.SZ | $3.42B | -27% | +45% | 5% | 64.8× | n/a |
| Shenzhen Envicool Technology 002837.SZ | $7.13B | -49% | +22% | 9% | 53.5× | 56.2% |
| Vertiv VRT | $70.4B | -46% | +35% | 21% | 20.0× | 25.4% |
| Schneider Electric SU.PA | $151B | -16% | +7% | 18% | 22.2× | 18.0% |
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 | 301018.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -27.7% | -9.8% | 4th lowest of 21 |
| 6-month return | -26.9% | -14.6% | 7th lowest of 21 |
| Distance from 52-week high | -54.2% | -39.0% | 6th lowest of 21 |
| Revenue growth (TTM) | +45.3% | +10.0% | 2nd highest of 21 |
| Operating margin | 4.8% | 9.8% | 4th lowest of 21 |
| Forward P/E | 64.8× | 26.1× | 4th most expensive of 19 |
| ROIC minus cost of capital | -8.3 pp | +0.0 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangdong Shenling Environmental Systems 301018.SZ | China | $3.42B | -27% | +45% | 5% | 64.8× | n/a | n/a |
| Blue Star BLUESTARCO.NS | India | $3.43B | -10% | +9% | 5% | 56.0× | n/a | n/a |
| Jiangsu Lettall Electronic 603629.SS | China | $3.41B | -40% | +27% | 34% | n/a | 4.8% | +15.0% |
| Shenzhen Zhaowei Machinery & Electronics 003021.SZ | China | $3.45B | +6% | 0% | 9% | 124.4× | 46.0% | +7.5% |
| Kadant KAI | United States | $3.46B | -14% | +17% | 16% | 21.7× | 15.5% | +10.6% |
| Thermax THERMAX.NS | India | $3.46B | -34% | +5% | 6% | 43.6× | n/a | n/a |
| Anhui Yingliu Electromechanical 603308.SS | China | $3.50B | -58% | +38% | 13% | 42.0× | n/a | n/a |
| Moon Environment Technology 000811.SZ | China | $3.34B | -10% | +27% | 10% | 25.8× | 20.9% | +11.8% |
| Kaori Heat Treatment 8996.TW | Taiwan | $3.34B | -1% | +108% | 16% | 42.6× | 46.0% | +25.9% |
| SINOMACH Heavy Equipment 601399.SS | China | $3.33B | -28% | 0% | 4% | n/a | n/a | n/a |
| THK 6481.T | Japan | $3.52B | -16% | +8% | 7% | 10.6× | 24.8% | +1.9% |
| Danieli & C. Officine Meccaniche DAN.MI | Italy | $3.60B | -24% | -8% | -6% | 13.5× | n/a | n/a |
| Kunshan Kinglai Hygienic Materials 300260.SZ | China | $3.61B | -12% | +11% | 8% | 73.2× | n/a | n/a |
| Carel Industries CRL.MI | Italy | $3.24B | -11% | +17% | 15% | 30.5× | 23.3% | +13.7% |
| Haitian International 1882.HK | Hong Kong | $3.64B | -18% | +8% | 17% | 7.4× | -11.5% | +7.7% |
| Sumitomo Heavy Industries 6302.T | Japan | $3.64B | -10% | +9% | 6% | 13.0× | 6.3% | +4.3% |
| Estun Automation 002747.SZ | China | $3.65B | +30% | +8% | 4% | 104.6× | 48.2% | +14.3% |
| Zijin Longking 600388.SS | China | $3.70B | -6% | +13% | 11% | 17.4× | n/a | n/a |
| Tokyo Seimitsu 7729.T | Japan | $3.16B | -29% | +17% | 22% | 15.2× | 16.0% | +11.4% |
| Infore Environment Technology 000967.SZ | China | $3.14B | -53% | +20% | 8% | 26.5× | -0.8% | -0.7% |
| Takasago Thermal Engineering 1969.T | Japan | $3.13B | -21% | +2% | 11% | 10.8× | 3.8% | +9.0% |