Loading…
← CockpitCompetitor Analysis › 301448.SZ Keystone Electrical (Zhejiang) Co., Ltd. Class AOpen in the cockpit ↗

Keystone Electrical (Zhejiang) Co., Ltd. Class A301448.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Tools & Hardware
Momentum leader 94
Mkt cap
$578M
US dollars, full cap
$/day
$10.3M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-9.0 pp
WACC 10.1%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥47.00
1D-0.6%
1W+2.9%
1M-2.0%
3M+17.5%
6M+19.4%
YTD-5.7%
1Y-22.1%
ATR %6.5%
52w lowhigh32.9% off high

What Keystone Electrical (Zhejiang) does

Employees: 1,122

Keystone Electrical (Zhejiang) at a glance

Size Keystone Electrical (Zhejiang) (301448.SZ) is a China Industrials company (Tools & Hardware) with a market value of $578M, the 3512th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥47.00 on 6 Nov 2026.

Performance Over six months the shares gained 19.4%, against -23.9% for the median peer and -16.4% for the China market (cap-weighted) — highest of 16 in its peer set.

Growth Revenue grew 5.1% over the last twelve months (peer median +1.0%); the operating margin is 0.9% (peer median 4.0%).

Valuation It trades at 4.4× enterprise value to sales against a peer median of 1.8× (6th most expensive of 16).

Capital Return on invested capital runs 9.0 points below its cost of capital (10.1% WACC).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026301448.SZ 121Peer median 75
Six months, rebased to 100: Keystone Electrical (Zhejiang) against the median of its 15 peers (local-currency closes).

Keystone Electrical (Zhejiang) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥817MCN¥736MCN¥835MCN¥584MCN¥596M
Revenue growth—-12%+43%-2%—
Gross profitCN¥174MCN¥146MCN¥197MCN¥141MCN¥130M
EBITDACN¥21.3M-CN¥3.82MCN¥70.8MCN¥57.0MCN¥46.7M
Net incomeCN¥19.5M-CN¥2.20MCN¥70.4MCN¥51.4MCN¥59.1M
Free cash flow-CN¥151M-CN¥130M-CN¥84.4MCN¥82.5MCN¥91.3M
Capital expenditureCN¥171MCN¥106MCN¥108MCN¥16.2MCN¥3.38M
Total debtCN¥500,000CN¥0CN¥763,993CN¥1.59MCN¥322,551

Quarterly statements and history in the cockpit →

Keystone Electrical (Zhejiang) 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

-40%-20%0%+20%-20%-10%0%605268BERG-B002791002175002282605056301368EIN301013300126300946301232FSKRSHUSQ-A301448.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Keystone Electrical (Zhejiang) is the large dot.

Fundamentals: revenue growth against valuation

-20%-10%0%+10%+20%0×5×10×605268BERG-B002791002175002282605056301368EIN301125301013300126300946301232HUSQ-A301448.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Keystone Electrical (Zhejiang) is the large dot.

Keystone Electrical (Zhejiang) competitors and peer comparison

How Keystone Electrical (Zhejiang) 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.

Keystone Electrical (Zhejiang) against its 15 peers (data as of 6 Nov 2026)
Measure301448.SZPeer medianRank in peer set
1-month return-2.0%-6.5%5th highest of 16
6-month return+19.4%-23.9%highest of 16
Distance from 52-week high-32.9%-48.0%6th highest of 16
Revenue growth (TTM)+5.1%+1.0%8th highest of 16
Operating margin0.9%4.0%7th lowest of 16
EV / Sales4.4×1.8×6th most expensive of 16
ROIC minus cost of capital-9.0 pp-5.4 pp4th lowest of 16
Net debt / EBITDA-10.3×1.9×least indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Keystone Electrical (Zhejiang) 301448.SZChina$578M+19%+5%1%4.4×n/an/a
Wangli Security & Surveillance Product 605268.SSChina$576M-33%-2%4%1.3×13.7%+8.9%
Bergman & Beving BERG-B.STSweden$704M-9%+1%9%1.8×5.0%+2.9%
Guangdong Kinlong Hardware Products 002791.SZChina$741M-24%-20%-8%1.0×16.9%-3.8%
Guangxi Oriental Intelligent Manufacturing Technology 002175.SZChina$439M-9%+22%-9%7.3×n/an/a
Bosun 002282.SZChina$434M-21%-6%9%1.3×-3.7%+5.7%
Xianheng International Science&Technology 605056.SSChina$773M-50%+18%6%1.0×6.6%+18.1%
Zhejiang FORE Intelligent Technology 301368.SZChina$796M-24%+10%-11%9.0×n/an/a
Einhell Germany AG Pref EIN.DEGermany$801M-12%0%10%0.6×-6.8%+9.8%
Nanjing Toua Hardware & Tools 301125.SZChina$414M-20%+1%-9%5.0×n/an/a
Shenzhen Lihexing 301013.SZChina$855M-3%+8%-22%10.9×n/an/a
Ken 300126.SZChina$332M-31%+13%-17%3.7×n/an/a
Hengerda New Materials (Fujian) 300946.SZChina$1.12B-34%+14%6%11.0×55.3%+11.8%
Finework (Hu Nan) New Energy Technology 301232.SZChina$1.17B-52%+11%2%3.8×n/an/a
Fiskars Oyj Abp FSKRS.HEFinland$1.20B0%0%7%1.4×8.1%+0.4%
Husqvarna HUSQ-A.STSweden$1.94B-24%-6%6%0.6×-2.0%+2.1%

Questions

Which companies are Keystone Electrical (Zhejiang)'s closest peers?
The cockpit's peer set: Wangli Security & Surveillance Product (605268.SS), Bergman & Beving (BERG-B.ST), Guangdong Kinlong Hardware Products (002791.SZ), Guangxi Oriental Intelligent Manufacturing Technology (002175.SZ), Bosun (002282.SZ), Xianheng International Science&Technology (605056.SS), Zhejiang FORE Intelligent Technology (301368.SZ), Einhell Germany AG Pref (EIN.DE).
Is Keystone Electrical (Zhejiang) expensive compared with its peers?
On ev / sales it trades at 4.4× against a peer median of 1.8×, 6th most expensive of 16 in its peer set.
How has Keystone Electrical (Zhejiang) stock performed?
Over six months to 6 Nov 2026 the shares returned +19.4% against -23.9% for the median peer; over one year -22.1%.

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.