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Chinese maker of electric-vehicle components; specific product line not independently confirmed.
Chinese maker of electric-vehicle components; specific product line not independently confirmed.
Moat: none
Headquarters: Zhejiang, China · Employees: 3,014
Size Zhejiang EV-Tech (301607.SZ) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $1.18B, the 1993rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥33.60 on 6 Nov 2026.
Performance Over six months the shares fell 6.9%, against -12.8% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 20 in its peer set.
Growth Revenue grew 60.0% over the last twelve months (peer median +10.2%); the operating margin is 6.1% (peer median 7.2%).
Valuation It trades at 20.3× forward earnings against a peer median of 12.2× (3rd most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 24% a year for seven years (Req g). Recent delivered growth is +35%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.7 points above its cost of capital (16.0% WACC).
Next results Next results expected around 3 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.30B | CN¥4.09B | CN¥1.93B | CN¥1.83B | CN¥1.65B |
| Revenue growth | — | +112% | +5% | +11% | — |
| Gross profit | CN¥1.11B | CN¥774M | CN¥409M | CN¥406M | CN¥328M |
| EBITDA | n/a | CN¥271M | CN¥110M | CN¥113M | CN¥128M |
| Net income | CN¥361M | CN¥215M | CN¥94.6M | CN¥96.4M | CN¥86.8M |
| Free cash flow | CN¥352M | -CN¥360M | -CN¥120M | CN¥28.2M | CN¥168M |
| Capital expenditure | CN¥218M | CN¥345M | CN¥150M | CN¥76.5M | CN¥49.6M |
| Total debt | CN¥949M | CN¥765M | CN¥301M | CN¥458M | CN¥495M |
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.
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 | 301607.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.3% | -3.3% | 4th lowest of 21 |
| 6-month return | -6.9% | -12.8% | 9th highest of 20 |
| Distance from 52-week high | -46.3% | -28.1% | 7th lowest of 21 |
| Revenue growth (TTM) | +60.0% | +10.2% | highest of 20 |
| Operating margin | 6.1% | 7.2% | 9th lowest of 21 |
| Forward P/E | 20.3× | 12.2× | 3rd most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 24.2% | -0.4% | 2nd most demanding of 14 |
| Growth delivered (Del g) | +35.3% | +10.6% | highest of 13 |
| Hurdle (Req g minus delivered) | -11.1 pp | -12.3 pp | 6th most demanding of 13 |
| ROIC minus cost of capital | +0.7 pp | +1.7 pp | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhejiang EV-Tech 301607.SZ | China | $1.18B | -7% | +60% | 6% | 20.3× | 24.2% | +35.3% |
| Zhejiang Wanliyang 002434.SZ | China | $1.19B | -13% | -30% | -10% | 15.5× | n/a | n/a |
| F.C.C.Co 7296.T | Japan | $1.20B | +20% | +10% | 8% | 9.0× | -7.1% | +12.3% |
| Kuangda Technology 002516.SZ | China | $1.16B | -13% | +3% | 12% | n/a | 9.3% | +9.0% |
| Sichuan Chengfei Integration Technology 002190.SZ | China | $1.20B | -24% | +9% | -1% | n/a | n/a | n/a |
| Wuxi Zhenhua Auto Parts 605319.SS | China | $1.16B | -18% | +13% | 20% | 14.6× | -4.7% | +16.0% |
| KYB 7242.T | Japan | $1.15B | +10% | +11% | 6% | 9.6× | -0.4% | +8.0% |
| NASN Intelligent Tech (Zhejiang) 2261.HK | Hong Kong | $1.21B | n/a | +57% | -12% | n/a | n/a | n/a |
| Exedy 7278.T | Japan | $1.14B | -17% | 0% | 7% | 11.3× | -6.9% | +6.0% |
| Ruifeng Power 2025.HK | Hong Kong | $1.22B | +29% | +4% | 1% | n/a | n/a | n/a |
| Guangzhou Ruili Kormee Automotive Electronic 001285.SZ | China | $1.14B | -22% | +21% | 14% | 17.4× | n/a | n/a |
| Xiangyang Automobile Bearing 000678.SZ | China | $1.22B | +53% | -3% | -3% | n/a | n/a | n/a |
| SKF India (Industrial) SKFINDUS.NS | India | $1.23B | +9% | n/a | 11% | 33.3× | 36.9% | n/a |
| Hl Mando 204320.KS | South Korea | $1.13B | -43% | +2% | 3% | 9.6× | -19.9% | +11.2% |
| JBM Auto JBMA.NS | India | $1.24B | -21% | +16% | 9% | n/a | n/a | n/a |
| Saf-holland SFQ.DE | Germany | $1.11B | +9% | 0% | 8% | 13.2× | 0.9% | +12.6% |
| JOST Werke JST.DE | Germany | $1.11B | +5% | +32% | 7% | 10.8× | 3.0% | +14.1% |
| Adient ADNT | United States | $1.26B | -28% | +4% | 3% | 6.1× | -17.6% | +2.1% |
| Hong Leong Asia H22.SI | Singapore | $1.26B | -40% | +17% | 9% | 9.5× | -12.9% | +2.9% |
| Fuxin Dare Automotive Parts 300473.SZ | China | $1.10B | +28% | +21% | 5% | 33.5× | 20.8% | +10.0% |
| Jiangsu Yunyi Electric 300304.SZ | China | $1.27B | -19% | +14% | 17% | 16.9× | 17.1% | +23.4% |