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Chinese distributor and maker of standardized factory-automation components (linear guides, fasteners, FA parts), a one-stop platform akin to Misumi.
Chinese distributor and maker of standardized factory-automation components (linear guides, fasteners, FA parts), a one-stop platform akin to Misumi.
Sells standard parts from a catalogue with short delivery, so equipment builders can order small batches quickly instead of machining parts themselves. Revenue depends on customers' equipment orders, which are cyclical, and on the breadth of the catalogue.
In one line: China's Misumi.
Moat: narrow (scale, distribution, network effects). Broad catalogue and fast-delivery logistics network create switching costs versus fragmented local suppliers.
Headquarters: Dongguan, China · Founded: 2005 · Employees: 3,503
Size Dongguan Yiheda Automation (301029.SZ) is a China Industrials company (Industrial Machinery) with a market value of $2.65B, the 975th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥27.81 on 6 Nov 2026.
Performance Over six months the shares fell 1.9%, against -22.9% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 30.8% over the last twelve months (peer median +16.8%); the operating margin is 17.8% (peer median 8.2%).
Valuation It trades at 27.1× forward earnings against a peer median of 22.0× (6th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 22% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is +2 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 8.5 points above its cost of capital (11.1% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.72B | CN¥2.94B | CN¥2.50B | CN¥2.86B | CN¥2.50B |
| Revenue growth | — | +18% | -13% | +14% | — |
| Gross profit | CN¥1.48B | CN¥1.11B | CN¥839M | CN¥1.04B | CN¥967M |
| EBITDA | n/a | CN¥619M | CN¥492M | CN¥682M | CN¥602M |
| Net income | CN¥614M | CN¥512M | CN¥404M | CN¥546M | CN¥506M |
| Free cash flow | CN¥273M | CN¥140M | CN¥426M | CN¥148M | CN¥110M |
| Capital expenditure | CN¥258M | CN¥378M | CN¥303M | CN¥228M | CN¥152M |
| Total debt | CN¥9.66M | CN¥12.6M | CN¥6.50M | CN¥51.5M | CN¥69.7M |
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 |
|---|---|---|---|---|---|---|
| Dongguan Yiheda Automation 301029.SZ | $2.65B | -2% | +31% | 18% | 27.1× | 21.6% |
| MISUMI 9962.T | $6.25B | +3% | +24% | 13% | 17.9× | 9.3% |
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 | 301029.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +18.3% | -13.9% | highest of 21 |
| 6-month return | -1.9% | -22.9% | highest of 21 |
| Distance from 52-week high | -18.2% | -45.9% | highest of 21 |
| Revenue growth (TTM) | +30.8% | +16.8% | 8th highest of 21 |
| Operating margin | 17.8% | 8.2% | 4th highest of 21 |
| Forward P/E | 27.1× | 22.0× | 6th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 21.6% | 15.1% | 5th most demanding of 12 |
| Growth delivered (Del g) | +19.5% | +9.7% | 4th highest of 12 |
| Hurdle (Req g minus delivered) | +2.1 pp | +5.4 pp | 5th least demanding of 12 |
| ROIC minus cost of capital | +8.5 pp | -0.4 pp | 2nd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dongguan Yiheda Automation 301029.SZ | China | $2.65B | -2% | +31% | 18% | 27.1× | 21.6% | +19.5% |
| Shanghai Zhenhua Heavy Industries 600320.SS | China | $2.64B | -21% | +6% | 5% | 20.4× | -4.9% | +9.7% |
| Guangzhou Haozhi Industrial 300503.SZ | China | $2.70B | -8% | +55% | 20% | n/a | n/a | n/a |
| Harmonic Drive Systems 6324.T | Japan | $2.60B | -18% | +12% | 7% | 62.4× | n/a | n/a |
| Jungheinrich AG Pref JUN3.DE | Germany | $2.58B | -12% | +2% | 5% | 10.3× | -0.4% | +7.6% |
| Beijing Jingyi Automation Equipment 688652.SS | China | $2.73B | -10% | +34% | 9% | 77.6× | 49.0% | +32.4% |
| CECO Environmental CECO | United States | $2.56B | -47% | +38% | 6% | 16.5× | n/a | n/a |
| China Baoan 000009.SZ | China | $2.56B | -23% | +26% | 7% | n/a | n/a | n/a |
| Nabtesco 6268.T | Japan | $2.77B | -28% | -8% | 9% | 17.6× | 7.8% | +2.0% |
| Dmg Mori 6141.T | Japan | $2.53B | -13% | +20% | 4% | 23.5× | 12.9% | +9.4% |
| All Ring Tech 6187.TWO | Taiwan | $2.52B | -36% | +1% | 29% | 25.0× | 26.4% | +28.9% |
| Guangdong Dongfang Precision Science & Technology 002611.SZ | China | $2.50B | -19% | -16% | 8% | 20.2× | 17.8% | +12.4% |
| Fuji 6134.T | Japan | $2.85B | -23% | +45% | 20% | 9.9× | n/a | n/a |
| Timken India TIMKEN.NS | India | $2.43B | -12% | +19% | 16% | 46.1× | 36.2% | +19.8% |
| Japan Steel Works 5631.T | Japan | $2.41B | -46% | -1% | 10% | 17.0× | n/a | n/a |
| Doosan Robotics 454910.KS | South Korea | $2.41B | -54% | +97% | -91% | n/a | n/a | n/a |
| Munters MTRS.ST | Sweden | $2.40B | -34% | 0% | 9% | 26.2× | 12.4% | +16.0% |
| Wonik IPS 240810.KS | South Korea | $2.39B | -43% | +9% | 8% | 14.7× | 29.4% | -3.6% |
| Amber Enterprises India AMBER.NS | India | $2.39B | -28% | +15% | 5% | 59.6× | n/a | n/a |
| Yantai Eddie Precision Machinery 603638.SS | China | $2.38B | -22% | +35% | 16% | 28.8× | 15.1% | +7.3% |
| ROBOTIS 108490.KS | South Korea | $2.37B | -30% | +52% | -16% | n/a | n/a | n/a |