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← CockpitCompetitor Analysis › 301678.SZ HENGHUI Technology Corporation Limited Class AOpen in the cockpit ↗

HENGHUI Technology Corporation Limited Class A301678.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Metal Fabrication

Chinese technology/manufacturing company; specific product line not confidently known.

Momentum neutral 48
Mkt cap
$1.53B
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$31.4M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-11.2 pp
WACC 18.5%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥42.49
1D-3.8%
1W+1.1%
1M-15.6%
3M+2.6%
6M-27.7%
YTD-33.8%
1Y-44.4%
ATR %7.9%
52w lowhigh52.7% off high

What HENGHUI Technology does

Chinese technology/manufacturing company; specific product line not confidently known.

Where it sits in the supply chain

  • Industrials

Moat: none

Headquarters: China · Employees: 991

HENGHUI Technology at a glance

Size HENGHUI Technology (301678.SZ) is a China Industrials company (Metal Fabrication) with a market value of $1.53B, the 1612th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥42.49 on 6 Nov 2026.

Performance Over six months the shares fell 27.7%, against -12.8% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 9.8% over the last twelve months (peer median +20.3%); the operating margin is 7.7% (peer median 9.9%).

Valuation It trades at 8.2× enterprise value to sales against a peer median of 3.5× (6th most expensive of 21).

Capital Return on invested capital runs 11.2 points below its cost of capital (18.5% WACC).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 89301678.SZ 69
Six months, rebased to 100: HENGHUI Technology against the median of its 20 peers (local-currency closes).

HENGHUI Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.18BCN¥921MCN¥839MCN¥764MCN¥683M
Revenue growth—+10%+10%+12%—
Gross profitCN¥269MCN¥224MCN¥290MCN¥272MCN¥208M
EBITDAn/aCN¥169MCN¥231MCN¥218MCN¥161M
Net incomeCN¥90.8MCN¥126MCN¥186MCN¥152MCN¥110M
Free cash flow-CN¥197MCN¥60.0MCN¥212MCN¥79.8MCN¥29.7M
Capital expenditureCN¥220MCN¥120MCN¥14.4MCN¥21.5MCN¥64.9M
Total debtCN¥81.8MCN¥40.7MCN¥2.87MCN¥22.6MCN¥56.5M

Quarterly statements and history in the cockpit →

HENGHUI 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

-50%-25%0%+25%+50%-20%0%301319USHAMART300850301005688661RCH002708688678603218AZAD2610HAPPYFORGE300034RKFORGE300179002552BEIA-B002297002842301678.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. HENGHUI Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%0×5×10×15×301319USHAMART300850301005688661RCH002708688678603218AZAD2610HAPPYFORGE300034605123RKFORGE300179002552002297002842301678.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. HENGHUI Technology is the large dot.

HENGHUI Technology competitors and peer comparison

How HENGHUI 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.

HENGHUI Technology against its 20 peers (data as of 6 Nov 2026)
Measure301678.SZPeer medianRank in peer set
1-month return-15.6%-10.3%10th lowest of 21
6-month return-27.7%-12.8%10th lowest of 21
Distance from 52-week high-52.7%-45.7%10th lowest of 21
Revenue growth (TTM)+9.8%+20.3%8th lowest of 21
Operating margin7.7%9.9%9th lowest of 21
EV / Sales8.2×3.5×6th most expensive of 21
ROIC minus cost of capital-11.2 pp-1.9 pp2nd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
HENGHUI Technology 301678.SZChina$1.53B-28%+10%8%8.2×n/an/a
Shenzhen Vital New Material 301319.SZChina$1.53B+15%+34%5%5.4×n/an/a
Usha Martin USHAMART.NSIndia$1.54B0%+9%17%3.8×23.1%+12.0%
Luoyang Xinqianglian Slewing Bearing 300850.SZChina$1.54B-42%+10%21%3.0×n/an/a
Essence Fastening Systems (Shanghai) 301005.SZChina$1.54B-55%+17%0%11.2×n/an/a
Suzhou UIGreen Micro&Nano Technologies 688661.SSChina$1.55B-44%-7%-3%12.2×n/an/a
Richelieu Hardware RCH.TOCanada$1.48B-2%+7%7%1.1×5.7%+11.7%
Changzhou Nrb 002708.SZChina$1.63B+50%+29%1%4.0×n/an/a
Freewon China 688678.SSChina$1.41B-13%+33%6%3.7×n/an/a
Riyue Heavy Industry 603218.SSChina$1.41B-28%-17%5%1.6×5.0%+4.1%
Azad Engineering AZAD.NSIndia$1.66B+8%+29%28%24.5×n/an/a
Nanshan Aluminium International 2610.HKHong Kong$1.67B-45%-19%21%1.1×n/an/a
Happy Forging HAPPYFORGE.NSIndia$1.70B+20%+16%25%9.8×42.7%+21.2%
Gaona Aero Material 300034.SZChina$1.71B-29%+5%5%3.3×21.3%+18.5%
Wuxi Paike New Materials and Technology 605123.SSChina$1.34B-31%+23%8%2.3×n/an/a
Ramkrishna Forgings RKFORGE.NSIndia$1.34B+12%+25%9%3.0×n/an/a
SF Diamond 300179.SZChina$1.81B-12%+34%11%17.3×49.2%+12.2%
Baoding Technology 002552.SZChina$1.84B+44%+64%15%3.0×11.3%+54.0%
Beijer Alma BEIA-B.STSweden$1.86B0%+6%15%2.6×9.9%+12.8%
Hunan Boyun New Materials 002297.SZChina$1.25B-41%+37%15%6.7×n/an/a
Guangdong Xianglu Tungsten 002842.SZChina$1.23B-38%+126%15%2.1×n/an/a

Questions

Which companies are HENGHUI Technology's closest peers?
The cockpit's peer set: Shenzhen Vital New Material (301319.SZ), Usha Martin (USHAMART.NS), Luoyang Xinqianglian Slewing Bearing (300850.SZ), Essence Fastening Systems (Shanghai) (301005.SZ), Suzhou UIGreen Micro&Nano Technologies (688661.SS), Richelieu Hardware (RCH.TO), Changzhou Nrb (002708.SZ), Freewon China (688678.SS).
Is HENGHUI Technology expensive compared with its peers?
On ev / sales it trades at 8.2× against a peer median of 3.5×, 6th most expensive of 21 in its peer set.
How has HENGHUI Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -27.7% against -12.8% for the median peer; over one year -44.4%.

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.