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Chenming Electronic Technology Corporation3013.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Industrials›Industrial Machinery
Momentum weak 30
Mkt cap
$445M
US dollars, full cap
Free float
62%
of shares outstanding
$/day
$8.00M
20-day average traded
Fwd P/E
11.2×
forward earnings
ROIC−WACC
+15.6 pp
WACC 6.9%
Hurdle
-14 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · TWDNT$68.90
1D-6.8%
1W-16.4%
1M-25.9%
3M-4.2%
6M-38.5%
YTD-47.2%
1Y-43.1%
ATR %7.0%
52w lowhigh53.5% off high

What Chenming Electronic Technology does

Employees: 4,892

Chenming Electronic Technology at a glance

Size Chenming Electronic Technology (3013.TW) is a Taiwan Industrials company (Industrial Machinery) with a market value of $445M, the 486th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$68.90 on 6 Nov 2026.

Performance Over six months the shares fell 38.5%, against -28.7% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 7th lowest of 20 in its peer set.

Growth Revenue grew 12.5% over the last twelve months (peer median +5.4%); the operating margin is 13.0% (peer median 3.2%).

Valuation It trades at 11.2× forward earnings against a peer median of 17.8× (4th cheapest of 8).

Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -14 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 15.6 points above its cost of capital (6.9% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 683013.TW 66
Six months, rebased to 100: Chenming Electronic Technology against the median of its 20 peers (local-currency closes).

Chenming Electronic Technology financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$11.7BNT$10.6BNT$9.41BNT$6.46BNT$6.52B
Revenue growth—+12%+46%-1%—
Gross profitNT$2.40BNT$1.95BNT$1.46BNT$753MNT$540M
EBITDANT$1.75BNT$1.32BNT$993MNT$646MNT$663M
Net incomeNT$1.11BNT$827MNT$730MNT$253MNT$220M
Free cash flowNT$160MNT$238M-NT$134MNT$962MNT$439M
Capital expenditureNT$781MNT$791MNT$636MNT$407MNT$699M
Total debtNT$747MNT$687MNT$714MNT$838MNT$1.38B

Quarterly statements and history in the cockpit →

Chenming Electronic Technology competitor charts

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.

Performance: 6-month against 1-month return

-60%-40%-20%0%-40%-30%-20%-10%6033243003706884781021300922083450301053301112300812688215301138171090603090002795300521SHAKTIPUMP30102065173013.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Chenming Electronic Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%20×40×60×603324688478083450171090SHAKTIPUMP65173000953013.TWRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Chenming Electronic Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%300370575A30092208345030111230081230113817109030102065173000953013.TWGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Chenming Electronic Technology is the large dot.

Chenming Electronic Technology competitors and peer comparison

How Chenming Electronic Technology compares with its peers

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.

Chenming Electronic Technology against its 20 peers (data as of 6 Nov 2026)
Measure3013.TWPeer medianRank in peer set
1-month return-25.9%-14.1%4th lowest of 21
6-month return-38.5%-28.7%7th lowest of 20
Distance from 52-week high-53.5%-51.5%10th lowest of 21
Revenue growth (TTM)+12.5%+5.4%7th highest of 21
Operating margin13.0%3.2%5th highest of 21
Forward P/E11.2×17.8×4th cheapest of 8
Growth the price implies (Req g, 7 yrs)-2.3%25.4%4th least demanding of 12
Growth delivered (Del g)+11.5%+3.7%3rd highest of 12
Hurdle (Req g minus delivered)-13.8 pp+21.7 pp3rd least demanding of 12
ROIC minus cost of capital+15.6 pp-5.4 pp2nd highest of 21
EV / EBITDA8.2×11.7×4th cheapest of 7
Net debt / EBITDA-0.2×-1.5×3rd most indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Chenming Electronic Technology 3013.TWTaiwan$445M-38%+13%13%11.2×-2.3%+11.5%
Shanghai Shengjian Technology 603324.SSChina$445M-23%-26%-19%64.4×n/an/a
Sichuan Etrol Technologies 300370.SZChina$445M-26%-6%-23%n/a54.4%-8.2%
MAEZAWA 575A.TJapan$445Mn/a+4%9%n/a25.4%+3.7%
Crystal Growth and Energy Equipment 688478.SSChina$443M-27%-31%-66%74.7×n/an/a
Guangdong Huayan Robotics 1021.HKHong Kong$447M-65%+25%-12%n/an/an/a
Qinhuangdao Tianqin Equipment Manufacturing 300922.SZChina$441M-19%-37%3%n/a44.3%+0.1%
Global Standard Technology 083450.KSSouth Korea$448M-30%+10%17%10.4×-2.6%+15.8%
Yoantion Industrial 301053.SZChina$441M-51%0%4%n/an/an/a
United Faith Auto-Engineering 301112.SZChina$439M-26%-42%-27%n/a43.1%-8.6%
Shenzhen Etmade Automatic Equipment 300812.SZChina$437M-41%+41%-2%n/a54.7%+8.0%
Zhejiang Risun Intelligent Technology 688215.SSChina$436M-38%+39%8%n/an/an/a
Guang Zhou Huayan Precision Machinery 301138.SZChina$436M-27%-2%16%n/a15.3%+5.3%
SUNIC SYSTEM 171090.KSSouth Korea$436M-39%+34%19%8.2×-6.7%+51.0%
Wuxi Hongsheng Heat Exchanger Manufacturing 603090.SSChina$454M-53%+13%10%n/an/an/a
Yorhe Fluid Intelligent Control 002795.SZChina$434M-29%-19%-12%n/an/an/a
AMSKY Technology 300521.SZChina$434M-33%+7%-14%n/an/an/a
Shakti Pumps (India) SHAKTIPUMP.NSIndia$456M-41%+16%9%17.8×n/an/a
Yantai Ishikawa Sealing Technology 301020.SZChina$433M-15%+11%17%n/a11.2%+3.0%
Denyo 6517.TJapan$433M-5%+10%11%10.6×-5.4%+5.6%
Jiangxi Huawu Brake 300095.SZChina$433M-21%-9%-18%22.3×27.6%-0.4%

Questions

Which companies are Chenming Electronic Technology's closest peers?
The cockpit's peer set: Shanghai Shengjian Technology (603324.SS), Sichuan Etrol Technologies (300370.SZ), MAEZAWA (575A.T), Crystal Growth and Energy Equipment (688478.SS), Guangdong Huayan Robotics (1021.HK), Qinhuangdao Tianqin Equipment Manufacturing (300922.SZ), Global Standard Technology (083450.KS), Yoantion Industrial (301053.SZ).
Is Chenming Electronic Technology expensive compared with its peers?
On forward p/e it trades at 11.2× against a peer median of 17.8×, 4th cheapest of 8 in its peer set. For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -14 pp: the price already allows for a slowdown.
How has Chenming Electronic Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -38.5% against -28.7% for the median peer; over one year -43.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.