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← CockpitCompetitor Analysis › 603048.SS Zhejiang Liming Intelligent Manufacturing Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Liming Intelligent Manufacturing Co., Ltd. Class A603048.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Momentum leader 87
Mkt cap
$487M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$9.80M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-7.0 pp
WACC 8.7%
Hurdle
+37 pp
Req g minus delivered
Close · CNYCN¥22.10
1D-1.9%
1W+8.4%
1M-8.4%
3M+16.6%
6M-5.6%
YTD+4.5%
1Y+10.3%
ATR %6.4%
52w lowhigh16.6% off high

What Zhejiang Liming Intelligent Manufacturing does

Employees: 1,311

Zhejiang Liming Intelligent Manufacturing at a glance

Size Zhejiang Liming Intelligent Manufacturing (603048.SS) is a China Industrials company (Industrial Machinery) with a market value of $487M, the 3918th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥22.10 on 6 Nov 2026.

Performance Over six months the shares fell 5.6%, against -21.4% for the median peer and -16.4% for the China market (cap-weighted) — 3rd highest of 20 in its peer set.

Growth Revenue grew 15.9% over the last twelve months (peer median +3.3%); the operating margin is 4.0% (peer median 5.2%).

Valuation It trades at 4.3× enterprise value to sales against a peer median of 2.6× (9th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 43% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +37 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 7.0 points below its cost of capital (8.7% WACC).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026603048.SS 95Peer median 80
Six months, rebased to 100: Zhejiang Liming Intelligent Manufacturing against the median of its 20 peers (local-currency closes).

Zhejiang Liming Intelligent Manufacturing financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥785MCN¥723MCN¥642MCN¥609MCN¥517M
Revenue growth—+13%+5%+18%—
Gross profitCN¥238MCN¥217MCN¥186MCN¥174MCN¥131M
EBITDACN¥112MCN¥115MCN¥112MCN¥91.9MCN¥60.2M
Net incomeCN¥27.7MCN¥31.2MCN¥53.4MCN¥45.9MCN¥20.9M
Free cash flowCN¥72.4MCN¥47.1MCN¥66.5M-CN¥10.0M-CN¥113M
Capital expenditureCN¥28.0MCN¥46.1MCN¥46.5MCN¥102MCN¥215M
Total debtCN¥195MCN¥123MCN¥105MCN¥193MCN¥172M

Quarterly statements and history in the cockpit →

Zhejiang Liming Intelligent Manufacturing 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%-40%-20%0%6032733000043009026613002843PMN62356237003025688290600520300105300402SAATVIKGLWSU388720300411603048.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Liming Intelligent Manufacturing is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×10×20×6032733000043009026613002843HDFIREPMN6235003025688290600520300105SAATVIKGLWSU388720300411603048.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Liming Intelligent Manufacturing is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%6032736613HDFIREPMN62356237003025600520300105WSU603339301199300411603048.SSGrowth 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 Liming Intelligent Manufacturing is the large dot.

Zhejiang Liming Intelligent Manufacturing competitors and peer comparison

How Zhejiang Liming Intelligent Manufacturing 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 Liming Intelligent Manufacturing against its 20 peers (data as of 6 Nov 2026)
Measure603048.SSPeer medianRank in peer set
1-month return-8.4%-10.0%10th highest of 20
6-month return-5.6%-21.4%3rd highest of 20
Distance from 52-week high-16.6%-40.4%2nd highest of 20
Revenue growth (TTM)+15.9%+3.3%5th highest of 21
Operating margin4.0%5.2%10th lowest of 21
EV / Sales4.3×2.6×9th most expensive of 20
Growth the price implies (Req g, 7 yrs)42.6%4.3%3rd most demanding of 14
Growth delivered (Del g)+5.7%+8.9%7th lowest of 14
Hurdle (Req g minus delivered)+36.9 pp-6.8 pp3rd most demanding of 14
ROIC minus cost of capital-7.0 pp-3.9 pp8th lowest of 20
EV / EBITDA29.9×10.5×2nd most expensive of 7
Net debt / EBITDA0.7×-0.5×3rd most indebted of 9

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 Liming Intelligent Manufacturing 603048.SSChina$487M-6%+16%4%4.3×42.6%+5.7%
Jiangsu Teeyer Intelligent Equipment 603273.SSChina$487M-16%-7%0%5.2×44.2%-7.4%
Nanfang Ventilator 300004.SZChina$488M-50%-18%-8%5.7×n/an/a
Guoanda 300902.SZChina$489M-23%+1%-11%11.1×n/an/a
Nova Technology 6613.TWOTaiwan$489M-13%+9%17%1.4×-9.5%+18.1%
Bichamp Cutting Technology (Hunan) 002843.SZChina$490M-49%+4%5%2.2×n/an/a
HD Fire Protect HDFIRE.NSIndia$484Mn/a+13%29%9.3×32.0%+14.9%
Phoenix Mecano PMN.SWSwitzerland$490M0%-3%7%0.7×-8.4%-0.8%
Optorun 6235.TJapan$490M-56%+21%9%1.2×9.7%-2.0%
Iwaki 6237.TJapan$491M+30%+8%13%1.4×4.3%+11.1%
Sijin Intelligent Forming Machinery 003025.SZChina$483M-17%+16%23%3.8×1.9%+13.6%
Hangzhou Jingye Intelligent Technology 688290.SSChina$491M-9%-21%-59%15.4×n/an/a
HIIG Trinity (Anhui) Technology 600520.SSChina$482M-31%+48%4%7.2×53.0%+2.6%
Yantai Longyuan Power Technology 300105.SZChina$491M-6%-25%-9%2.6×0.5%+16.0%
Nanjing Baose 300402.SZChina$482M-29%-18%1%n/an/an/a
Saatvik Green Energy SAATVIKGL.NSIndia$481M-25%+111%8%1.1×n/an/a
WashTec WSU.DEGermany$480M-19%+3%8%0.8×-5.2%+5.7%
Yuilrobotics 388720.KSSouth Korea$480M-47%-5%-42%18.7×n/an/a
Square Technology 603339.SSChina$494M-22%+21%9%1.1×-4.5%+8.9%
MH Robot & Automation 301199.SZChina$496M-18%+5%6%2.2×15.5%+9.5%
Zhejiang Jindun Fans 300411.SZChina$496M-21%-25%-14%8.9×10.9%-14.0%

Questions

Which companies are Zhejiang Liming Intelligent Manufacturing's closest peers?
The cockpit's peer set: Jiangsu Teeyer Intelligent Equipment (603273.SS), Nanfang Ventilator (300004.SZ), Guoanda (300902.SZ), Nova Technology (6613.TWO), Bichamp Cutting Technology (Hunan) (002843.SZ), HD Fire Protect (HDFIRE.NS), Phoenix Mecano (PMN.SW), Optorun (6235.T).
Is Zhejiang Liming Intelligent Manufacturing expensive compared with its peers?
On ev / sales it trades at 4.3× against a peer median of 2.6×, 9th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 43% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +37 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Zhejiang Liming Intelligent Manufacturing stock performed?
Over six months to 6 Nov 2026 the shares returned -5.6% against -21.4% for the median peer; over one year +10.3%.

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.