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← CockpitCompetitor Analysis › 301677.SZ Zhejiang Xinxing Tools Co LtdOpen in the cockpit ↗

Zhejiang Xinxing Tools Co Ltd301677.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Mkt cap
$658M
US dollars, full cap
$/day
$12.7M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+11.4 pp
WACC 5.0%
Hurdle
-11 pp
Req g minus delivered
Close · CNYCN¥43.88
1D+0.3%
1W+6.9%
1M-19.1%
3M-38.4%
6Mn/a
YTDn/a
1Yn/a
ATR %5.7%
52w lowhigh60.1% off high

What Zhejiang Xinxing Tools does

Employees: 654

Zhejiang Xinxing Tools at a glance

Size Zhejiang Xinxing Tools (301677.SZ) is a China Industrials company (Industrial Machinery) with a market value of $658M, the 3217th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥43.88 on 6 Nov 2026.

Growth Revenue grew 9.6% over the last twelve months (peer median +9.3%); the operating margin is 40.4% (peer median 9.6%).

Valuation It trades at 6.1× enterprise value to sales against a peer median of 2.5× (6th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -11 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 11.4 points above its cost of capital (5.0% WACC).

Zhejiang Xinxing Tools financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
Revenuen/aCN¥507MCN¥463MCN¥421M
Revenue growth—+10%+10%—
Gross profitn/aCN¥263MCN¥244MCN¥224M
EBITDAn/aCN¥255MCN¥230MCN¥215M
Net incomen/aCN¥198MCN¥185MCN¥177M
Free cash flown/aCN¥89.9MCN¥75.6MCN¥218M
Capital expendituren/aCN¥145MCN¥121MCN¥40.1M
Total debtCN¥86.8MCN¥78.4MCN¥90.0MCN¥23.8M

Quarterly statements and history in the cockpit →

Zhejiang Xinxing Tools 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.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×5×10×00082160331800202630029345855475000404KRN337630062968810134455715AEROFLEX3010083004716030882722301677.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Xinxing Tools is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%0020264585000404300629688101344530047142166030882722301677.SZGrowth 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. Zhejiang Xinxing Tools is the large dot.

Zhejiang Xinxing Tools competitors and peer comparison

How Zhejiang Xinxing Tools 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.

Zhejiang Xinxing Tools against its 20 peers (data as of 6 Nov 2026)
Measure301677.SZPeer medianRank in peer set
1-month return-19.1%-10.5%8th lowest of 21
Distance from 52-week high-60.1%-45.5%2nd lowest of 21
Revenue growth (TTM)+9.6%+9.3%11th highest of 21
Operating margin40.4%9.6%highest of 21
EV / Sales6.1×2.5×6th most expensive of 21
Growth the price implies (Req g, 7 yrs)-1.0%10.5%3rd least demanding of 11
Growth delivered (Del g)+9.6%+9.1%5th highest of 11
Hurdle (Req g minus delivered)-10.6 pp+4.5 pp4th least demanding of 11
ROIC minus cost of capital+11.4 pp-3.2 pphighest of 21
EV / EBITDA12.1×20.3×3rd cheapest of 7
Net debt / EBITDA-5.1×-0.0×2nd least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Zhejiang Xinxing Tools 301677.SZChina$658Mn/a+10%40%6.1×-1.0%+9.6%
J.S. Corrugating Machinery 000821.SZChina$659M-33%-32%1%1.1×n/an/a
Shuifa Gas 603318.SSChina$656M-45%-4%11%2.4×n/an/a
Shandong Weida Machinery 002026.SZChina$660M-19%+2%9%1.4×7.5%-2.4%
Shenyang Blue Silver Industry Automatic Equipment 300293.SZChina$662M-30%-9%-13%4.0×n/an/a
Techman Robot 4585.TWTaiwan$652M-40%+33%6%10.9×50.5%+9.4%
Glotech Industrial 5475.TWOTaiwan$652M-56%+101%12%16.9×n/an/a
Changhong Huayi Compressor 000404.SZChina$665M-23%-6%5%0.5×-12.1%+2.4%
Krn Heat Exchanger and Refrigeration KRN.NSIndia$651M-29%+77%15%6.8×n/an/a
Shin Zu Shing 3376.TWTaiwan$648M-47%-22%-2%1.9×n/an/a
Guangdong Kingstrong Technology 300629.SZChina$669M-29%+33%33%9.4×19.8%+4.2%
Suntar Environmental Technology 688101.SSChina$670M-39%+20%24%1.8×0.0%+11.8%
RS Technologies 3445.TJapan$671M-34%+18%19%1.3×2.8%+24.6%
Furukawa 5715.TJapan$646M-24%+10%6%0.8×n/an/a
Aeroflex Industries AEROFLEX.NSIndia$676M+17%+55%20%10.7×n/an/a
Ningbo BaoSi Energy Equipment 300441.SZChina$640M-5%0%12%2.6×n/an/a
Zhejiang Hongchang Electrical Technology 301008.SZChina$677M+9%+3%-1%3.6×n/an/a
Houpu Clean Energy 300471.SZChina$678M-20%+8%1%3.9×41.1%+17.7%
Asahi Yukizai 4216.TJapan$638M-8%+1%11%1.0×-1.8%+8.4%
JDM Jingda Machine (Ningbo) 603088.SSChina$682M-24%+13%13%4.5×20.3%+15.9%
Chongqing Machinery & Electric 2722.HKHong Kong$634M-61%+20%1%0.5×13.5%+8.8%

Questions

Which companies are Zhejiang Xinxing Tools's closest peers?
The cockpit's peer set: J.S. Corrugating Machinery (000821.SZ), Shuifa Gas (603318.SS), Shandong Weida Machinery (002026.SZ), Shenyang Blue Silver Industry Automatic Equipment (300293.SZ), Techman Robot (4585.TW), Glotech Industrial (5475.TWO), Changhong Huayi Compressor (000404.SZ), Krn Heat Exchanger and Refrigeration (KRN.NS).
Is Zhejiang Xinxing Tools expensive compared with its peers?
On ev / sales it trades at 6.1× against a peer median of 2.5×, 6th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -11 pp: the price already allows for a slowdown.

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.