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Maker of pressure vessels, tanks and equipment for LNG, CNG, chemical and clean-energy transport and storage, part of the CIMC group.
Maker of pressure vessels, tanks and equipment for LNG, CNG, chemical and clean-energy transport and storage, part of the CIMC group.
Earns from manufacturing contracts for tanks and pressure vessels, with revenue booked as units are delivered, so results follow investment in gas transport, energy storage and chemical plants. Orders are lumpy and linked to the build-out of LNG and gas infrastructure.
In one line: China's Chart Industries for gas/energy equipment.
Moat: narrow (scale, process know-how). Large manufacturing scale and engineering expertise in pressure-vessel/cryogenic equipment for gas transport.
Headquarters: Shenzhen, China · Founded: 1995 · Employees: 12,100
Size CIMC Enric (3899.HK) is a Hong Kong Industrials company (Industrial Machinery) with a market value of $1.96B, the 423rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$7.28 on 6 Nov 2026.
Performance Over six months the shares fell 31.8%, against -3.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 18 in its peer set.
Growth Revenue grew 6.2% over the last twelve months (peer median +13.8%); the operating margin is 4.4% (peer median 13.8%).
Valuation It trades at 10.4× forward earnings against a peer median of 19.4× (2nd cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.4 points above its cost of capital (6.3% WACC).
Next results Next results expected around 24 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$29.7B | HK$28.6B | HK$26.8B | HK$26.1B | HK$22.8B |
| Revenue growth | — | +6% | +3% | +15% | — |
| Gross profit | HK$4.11B | HK$3.84B | HK$3.72B | HK$4.01B | HK$3.86B |
| EBITDA | HK$1.89B | HK$1.85B | HK$1.62B | HK$1.91B | HK$1.79B |
| Net income | HK$1.22B | HK$1.23B | HK$1.19B | HK$1.23B | HK$1.23B |
| Free cash flow | HK$570M | HK$1.10B | HK$1.13B | HK$1.24B | HK$2.39B |
| Capital expenditure | HK$1.18B | HK$1.01B | HK$1.23B | HK$936M | HK$534M |
| Total debt | n/a | HK$5.54B | HK$4.35B | HK$3.96B | HK$3.25B |
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 | 3899.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.5% | -6.3% | 6th highest of 21 |
| 6-month return | -31.8% | -3.5% | 4th lowest of 18 |
| Distance from 52-week high | -47.5% | -22.1% | 6th lowest of 21 |
| Revenue growth (TTM) | +6.2% | +13.8% | 6th lowest of 21 |
| Operating margin | 4.4% | 13.8% | 4th lowest of 21 |
| Forward P/E | 10.4× | 19.4× | 2nd cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -4.7% | 1.3% | 4th least demanding of 15 |
| Growth delivered (Del g) | +15.6% | +9.6% | 4th highest of 15 |
| Hurdle (Req g minus delivered) | -20.3 pp | -7.0 pp | 3rd least demanding of 15 |
| ROIC minus cost of capital | +1.4 pp | +3.5 pp | 6th lowest of 20 |
| EV / EBITDA | 6.9× | 12.3× | 3rd cheapest of 14 |
| Net debt / EBITDA | -2.2× | -0.5× | 3rd least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |
| Makino Milling Machine 6135.T | Japan | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% | +17.5% |
| Enerpac Tool EPAC | United States | $1.99B | +9% | +6% | 20% | 18.8× | 3.8% | +4.3% |
| Kaishan 300257.SZ | China | $2.00B | -56% | +12% | 15% | 22.0× | n/a | n/a |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Xi'an Shaangu Power 601369.SS | China | $2.00B | -22% | -5% | 7% | 18.2× | -11.1% | +3.2% |
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| Max 6454.T | Japan | $2.01B | +1% | +11% | 18% | 19.4× | 2.4% | +9.2% |
| Landis+Gyr LAND.SW | Switzerland | $2.01B | +17% | -22% | 25% | 21.5× | -10.2% | -5.7% |
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| Direct Drive Tech 6731.HK | Hong Kong | $2.02B | n/a | +253% | -38% | n/a | n/a | n/a |
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |
| Shenzhen Hongfuhan Technology 301086.SZ | China | $2.04B | -23% | +58% | 14% | 27.7× | n/a | n/a |
| Miura 6005.T | Japan | $2.05B | -11% | +6% | 11% | 11.6× | -4.3% | +14.8% |
| OSG 6136.T | Japan | $1.88B | -2% | +20% | 18% | 11.4× | 1.7% | +9.0% |
| Guangdong Topstar Technology 300607.SZ | China | $2.05B | -1% | +20% | 7% | 88.9× | 31.0% | -1.8% |
| ELGI Equipments ELGIEQUIP.NS | India | $1.87B | -1% | +16% | 13% | 35.0× | 30.6% | +15.5% |
| Chenbro Micom 8210.TW | Taiwan | $2.06B | -57% | +54% | 23% | 10.4× | 0.3% | +23.9% |
| Wuxi Rich Intelligent Equipment 301599.SZ | China | $1.87B | -54% | +9% | 13% | n/a | 31.2% | +9.2% |
| Burckhardt Compression BCHN.SW | Switzerland | $2.07B | -3% | -15% | 13% | 18.6× | -7.8% | +9.9% |