Shenzhen maker of precision bonding, protective, insulating and shielding parts, plus automation equipment, for phones, laptops and servers.
Shenzhen maker of precision bonding, protective, insulating and shielding parts, plus automation equipment, for phones, laptops and servers.
Sells bonding, protective, insulating and shielding parts to the contract manufacturers that build phones and computers for brand owners, so it follows their product launches. Precision functional parts carry most sales, with automation equipment a smaller supporting line. It is extending into servers, base stations, cars and robots.
Moat: narrow (customer qualification, process know-how). Qualified supplier to large contract manufacturers on big-brand device programmes; bonding and precision-part process know-how.
Headquarters: Shenzhen, China · Employees: 2,103
Size Shenzhen Hongfuhan Technology (301086.SZ) is a China Industrials company (Industrial Machinery) with a market value of $2.04B, the 1239th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥108.10 on 6 Nov 2026.
Performance Over six months the shares fell 23.2%, against -3.5% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 18 in its peer set.
Growth Revenue grew 57.7% over the last twelve months (peer median +11.3%); the operating margin is 14.2% (peer median 12.5%).
Valuation It trades at 27.7× forward earnings against a peer median of 18.8× (4th most expensive of 18).
Capital Return on invested capital runs 4.1 points below its cost of capital (9.5% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.37B | CN¥906M | CN¥814M | CN¥667M | CN¥711M |
| Revenue growth | — | +11% | +22% | -6% | — |
| Gross profit | CN¥534M | CN¥278M | CN¥258M | CN¥241M | CN¥275M |
| EBITDA | n/a | CN¥181M | CN¥159M | CN¥134M | CN¥172M |
| Net income | CN¥192M | CN¥101M | CN¥110M | CN¥106M | CN¥158M |
| Free cash flow | -CN¥2.13B | -CN¥780M | -CN¥31.5M | -CN¥258M | -CN¥138M |
| Capital expenditure | CN¥1.23B | CN¥886M | CN¥157M | CN¥341M | CN¥295M |
| Total debt | CN¥2.71B | CN¥1.51B | CN¥471M | CN¥366M | CN¥253M |
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 Hongfuhan Technology 301086.SZ | $2.04B | -23% | +58% | 14% | 27.7× | n/a |
| Suzhou Anjie Technology 002635.SZ | $1.30B | -19% | +21% | 3% | 22.0× | 16.2% |
| Lingyi iTech (Guangdong) 002600.SZ | $14.2B | -17% | +9% | 6% | 30.9× | n/a |
| Shenzhen FRD Science & Technology 300602.SZ | $2.39B | -23% | +24% | 7% | 25.3× | 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 | 301086.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -28.4% | +0.8% | 3rd lowest of 21 |
| 6-month return | -23.2% | -3.5% | 4th lowest of 18 |
| Distance from 52-week high | -53.2% | -22.1% | 4th lowest of 21 |
| Revenue growth (TTM) | +57.7% | +11.3% | 3rd highest of 21 |
| Operating margin | 14.2% | 12.5% | 10th highest of 21 |
| Forward P/E | 27.7× | 18.8× | 4th most expensive of 18 |
| ROIC minus cost of capital | -4.1 pp | +3.0 pp | 5th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Hongfuhan Technology 301086.SZ | China | $2.04B | -23% | +58% | 14% | 27.7× | n/a | n/a |
| Miura 6005.T | Japan | $2.05B | -11% | +6% | 11% | 11.6× | -4.3% | +14.8% |
| Guangdong Topstar Technology 300607.SZ | China | $2.05B | -1% | +20% | 7% | 88.9× | 31.0% | -1.8% |
| Chenbro Micom 8210.TW | Taiwan | $2.06B | -57% | +54% | 23% | 10.4× | 0.3% | +23.9% |
| Direct Drive Tech 6731.HK | Hong Kong | $2.02B | n/a | +253% | -38% | n/a | n/a | n/a |
| Burckhardt Compression BCHN.SW | Switzerland | $2.07B | -3% | -15% | 13% | 18.6× | -7.8% | +9.9% |
| Landis+Gyr LAND.SW | Switzerland | $2.01B | +17% | -22% | 25% | 21.5× | -10.2% | -5.7% |
| Max 6454.T | Japan | $2.01B | +1% | +11% | 18% | 19.4× | 2.4% | +9.2% |
| Xi'an Shaangu Power 601369.SS | China | $2.00B | -22% | -5% | 7% | 18.2× | -11.1% | +3.2% |
| Kaishan 300257.SZ | China | $2.00B | -56% | +12% | 15% | 22.0× | n/a | n/a |
| Enerpac Tool EPAC | United States | $1.99B | +9% | +6% | 20% | 18.8× | 3.8% | +4.3% |
| Makino Milling Machine 6135.T | Japan | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% | +17.5% |
| Shenyang Machine Tool 000410.SZ | China | $2.11B | -14% | +29% | -3% | n/a | 25.3% | +22.7% |
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |
| OSG 6136.T | Japan | $1.88B | -2% | +20% | 18% | 11.4× | 1.7% | +9.0% |
| Kunshan Kersen Science & Technology 603626.SS | China | $2.22B | +7% | -24% | -22% | 31.3× | n/a | n/a |