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Chinese maker of CNC machine tools, part of the Haitian Group that also owns the world's largest injection-molding machine maker.
Chinese maker of CNC machine tools, part of the Haitian Group that also owns the world's largest injection-molding machine maker.
Moat: narrow (scale, distribution). Shares distribution and manufacturing scale with its sister company, Haitian International.
Headquarters: Ningbo, China · Founded: 1966 · Employees: 2,435
Size Ningbo Haitian Precision Machinery (601882.SS) is a China Industrials company (Industrial Machinery) with a market value of $1.56B, the 1581st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥19.89 on 6 Nov 2026.
Performance Over six months the shares fell 0.9%, against -15.6% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 20 in its peer set.
Growth Revenue grew 19.0% over the last twelve months (peer median +11.6%); the operating margin is 11.2% (peer median 8.4%).
Valuation It trades at 20.0× forward earnings against a peer median of 23.3× (7th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.7 points above its cost of capital (8.7% WACC).
Next results Next results expected around 23 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.02B | CN¥3.35B | CN¥3.34B | CN¥3.31B | CN¥3.16B |
| Revenue growth | — | 0% | +1% | +5% | — |
| Gross profit | CN¥1.07B | CN¥838M | CN¥897M | CN¥917M | CN¥850M |
| EBITDA | n/a | CN¥476M | CN¥571M | CN¥646M | CN¥566M |
| Net income | CN¥502M | CN¥429M | CN¥523M | CN¥609M | CN¥521M |
| Free cash flow | CN¥295M | CN¥366M | -CN¥25.9M | CN¥490M | -CN¥63.8M |
| Capital expenditure | CN¥211M | CN¥227M | CN¥274M | CN¥79.2M | CN¥282M |
| Total debt | CN¥641M | CN¥445M | CN¥311M | CN¥397M | CN¥437M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Ningbo Haitian Precision Machinery 601882.SS | $1.56B | -1% | +19% | 11% | 20.0× | 12.8% |
| Shenyang Machine Tool 000410.SZ | $2.11B | -14% | +29% | -3% | n/a | 25.3% |
| Dmg Mori 6141.T | $2.53B | -13% | +20% | 4% | 23.5× | 12.9% |
| Qinchuan Machine Tool & Tool Group Share 000837.SZ | $1.46B | -14% | +8% | -4% | 105.7× | n/a |
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 | 601882.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.9% | -9.2% | 11th highest of 21 |
| 6-month return | -0.9% | -15.6% | 5th highest of 20 |
| Distance from 52-week high | -21.1% | -41.2% | 3rd highest of 21 |
| Revenue growth (TTM) | +19.0% | +11.6% | 8th highest of 21 |
| Operating margin | 11.2% | 8.4% | 8th highest of 21 |
| Forward P/E | 20.0× | 23.3× | 7th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 12.8% | 9.2% | 4th most demanding of 14 |
| Growth delivered (Del g) | +15.6% | +9.9% | 3rd highest of 14 |
| Hurdle (Req g minus delivered) | -2.8 pp | +1.8 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +6.7 pp | -2.4 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ningbo Haitian Precision Machinery 601882.SS | China | $1.56B | -1% | +19% | 11% | 20.0× | 12.8% | +15.6% |
| Helios Technologies HLIO | United States | $1.56B | -30% | +14% | 13% | 14.6× | 11.2% | +9.9% |
| Okuma 6103.T | Japan | $1.56B | -16% | +15% | 9% | 10.4× | n/a | n/a |
| Quick Intelligent Equipment 603203.SS | China | $1.57B | -12% | +20% | 21% | 39.3× | 28.7% | +15.2% |
| Shanghai Highly (Group) 600619.SS | China | $1.57B | -33% | +3% | 3% | n/a | 8.6% | +13.1% |
| Tofflon Science and Technology 300171.SZ | China | $1.57B | +4% | -2% | 6% | 34.7× | 8.0% | +14.0% |
| CKD 6407.T | Japan | $1.54B | -40% | +11% | 14% | 10.8× | 12.4% | +8.1% |
| Qingdao Haier Biomedical 688139.SS | China | $1.58B | +6% | +12% | 9% | 36.5× | 20.7% | +10.8% |
| Tongyu Heavy Industry 300185.SZ | China | $1.59B | -17% | +6% | 4% | 43.7× | 6.3% | +3.1% |
| Jirfine Intelligent Equipment 301603.SZ | China | $1.53B | -12% | +43% | 15% | n/a | 28.5% | +26.7% |
| Rokae (Shandong) Robotics 3752.HK | Hong Kong | $1.52B | n/a | +105% | -5% | n/a | n/a | n/a |
| Hunan Yujing Machinery 002943.SZ | China | $1.60B | -42% | -36% | -23% | 37.5× | n/a | n/a |
| Jiangsu Huahong Technology Stock 002645.SZ | China | $1.52B | -38% | +57% | 5% | 20.6× | n/a | n/a |
| Zhejiang Jiecang Linear Motion Technology 603583.SS | China | $1.60B | -4% | +5% | 8% | 26.0× | n/a | n/a |
| Changzheng Engineering Technology 603698.SS | China | $1.51B | -57% | -4% | 7% | 33.0× | n/a | n/a |
| Precision Tsugami (China) 1651.HK | Hong Kong | $1.62B | -35% | +24% | 28% | 7.7× | -13.9% | +9.8% |
| KSB SE & Co. KGaA KSB.DE | Germany | $1.63B | -3% | +2% | 7% | 10.3× | -3.2% | +6.6% |
| Ningbo Donly 002164.SZ | China | $1.49B | +49% | +5% | 5% | n/a | n/a | n/a |
| TerraVest Industries TVK.TO | Canada | $1.64B | -17% | +46% | 8% | 26.4× | 10.6% | +35.1% |
| Interroll INRN.SW | Switzerland | $1.47B | -11% | +2% | 13% | 20.6× | 1.4% | -0.6% |
| Chang Wah Technology 6548.TWO | Taiwan | $1.65B | +9% | +25% | 15% | 17.5× | 9.2% | +6.8% |