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← CockpitCompetitor Analysis › 603226.SS Vohringer Home Technology Co., Ltd. Class AOpen in the cockpit ↗

Vohringer Home Technology Co., Ltd. Class A603226.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Forest Products

Chinese maker of engineered and laminate wood flooring sold domestically under the licensed German Vohringer brand.

≈ A Chinese flooring maker using a licensed European brand nameMomentum laggard 2
Mkt cap
$1.30B
US dollars, full cap
$/day
$19.2M
20-day average traded
P/B
10.70×
price to book
ROE
-11.9%
delivered
Implied ROE
82.1%
what the price asks
Next earnings
173 days
28 Apr 2027
Close · CNYCN¥24.29
1D-0.5%
1W+10.6%
1M-14.5%
3M-44.6%
6M-38.1%
YTD-23.2%
1Y-44.3%
ATR %8.2%
52w lowhigh59.9% off high

What Vohringer Home Technology does

Chinese maker of engineered and laminate wood flooring sold domestically under the licensed German Vohringer brand.

Uses the German Vohringer name in China under licence rather than owning it, so brand rights are an input, and sells flooring through dealers and distributors to homeowners and renovation projects.

In one line: A Chinese flooring maker using a licensed European brand name.

Products and services

  • Engineered wood flooring
  • Laminate flooring
  • Solid wood flooring

Customers

  • Homeowners/renovation retail
  • Distributors/dealers

Where it sits in the supply chain

  • Consumer discretionary
  • Home furnishings
  • Engineered/laminate wood flooring

What could go right

  • Home renovation demand

What could go wrong

  • Real estate slowdown
  • Competition from larger flooring makers

Moat: narrow (brand). Licensed European brand name lends a premium image versus purely domestic flooring brands.

Headquarters: Nanjing/Anhui, China · Employees: 448

Named competitors

  • Der Future 002631.SZ
  • Nature Home private or unlisted

Vohringer Home Technology at a glance

Size Vohringer Home Technology (603226.SS) is a China Materials company (Forest Products) with a market value of $1.30B, the 1851st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.29 on 6 Nov 2026.

Performance Over six months the shares fell 38.1%, against -8.2% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue fell 3.1% over the last twelve months (peer median +2.0%); the operating margin is -39.6% (peer median 5.5%).

Valuation It trades at 10.70× book value against a peer median of 2.30× (most expensive of 21).

Price implies The share price implies a return on equity of about 82.1%; Vohringer Home Technology delivers -11.9%, so the price asks more than the business earns today.

Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 92603226.SS 60
Six months, rebased to 100: Vohringer Home Technology against the median of its 20 peers (local-currency closes).

Vohringer Home Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥320MCN¥364MCN¥312MCN¥394MCN¥525M
Revenue growth—+17%-21%-25%—
Gross profitCN¥22.1M-CN¥3.71MCN¥29.5MCN¥52.6MCN¥72.3M
EBITDAn/a-CN¥33.7M-CN¥11.4M-CN¥13.2MCN¥10.7M
Net income-CN¥102M-CN¥78.9M-CN¥38.0M-CN¥24.2MCN¥9.72M
Free cash flow-CN¥83.2M-CN¥23.6M-CN¥32.9M-CN¥177M-CN¥74.0M
Capital expenditureCN¥27.5MCN¥25.5MCN¥13.6MCN¥138MCN¥128M
Total debtCN¥156MCN¥176MCN¥180MCN¥154MCN¥39.7M

Quarterly statements and history in the cockpit →

Vohringer Home 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

-40%-20%0%+20%+40%-20%-10%0%+10%CFPINWI13770020430026310027856001890005925930301356SJIFP603216STYLAMINDGREENLAM603038000910RESPONIND001211UFPI603226.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Vohringer Home Technology is the large dot.

Fundamentals: return on equity against price-to-book

-20%-10%0%10%50×100×CFPINWI13770020430026310027856001890005925930301356IFP603216STYLAMINDGREENLAM000910RESPONIND001211603226.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Vohringer Home Technology is the large dot.

Capital: ROE delivered against the ROE the price implies

-25%0%25%50%75%0%50%CFPINWI13770020430026310027856001890005925930301356IFP000910001211603226.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Vohringer Home Technology is the large dot.

Vohringer Home Technology competitors and peer comparison

Head to head with its named competitors (603226.SS vs 002631.SZ)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Vohringer Home Technology 603226.SS$1.30B-38%-3%-12%10.70×82.1%
Der Future Science & Technology 002631.SZ$1.04B+10%-26%-9%3.45×36.4%

How Vohringer Home 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.

Vohringer Home Technology against its 20 peers (data as of 6 Nov 2026)
Measure603226.SSPeer medianRank in peer set
1-month return-14.5%-3.9%6th lowest of 21
6-month return-38.1%-8.2%4th lowest of 21
Return on equity-11.9%4.2%4th lowest of 21
Price / book10.70×2.30×most expensive of 21
ROE the price implies82.1%17.8%2nd most demanding of 21
ROE delivered-11.9%3.2%4th lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Vohringer Home Technology 603226.SSChina$1.30B-38%-3%-12%10.70×82.1%-11.9%
Canfor CFP.TOCanada$1.22B+17%+2%-22%0.73×9.1%-21.7%
Inwido INWI.STSweden$1.16B+39%+11%10%1.98×13.7%10.2%
Sakata Seed 1377.TJapan$1.13B+2%+12%6%0.98×4.5%6.2%
Dehua TB New Decoration Material 002043.SZChina$1.60B-10%+4%16%3.20×25.8%16.5%
Der Future Science & Technology 002631.SZChina$1.04B+10%-26%-9%3.45×36.4%-8.9%
XIAMEN WANLI STONE STOCK 002785.SZChina$1.03B-40%-33%-6%8.23×61.8%-5.8%
Jilin Quanyangquan 600189.SSChina$897M+1%+9%3%4.70×35.7%3.0%
Zhongfu Straits (Pingtan) Development 000592.SZChina$1.93B-38%-29%-12%7.43×52.7%-12.3%
Bunka Shutter 5930.TJapan$779M-1%+3%11%1.10×5.4%11.0%
Zhejiang Tianzhen Technology 301356.SZChina$713M-7%+2%3%1.59×18.6%3.2%
Stella-Jones SJ.TOCanada$2.56B-12%+2%12%1.65×6.6%12.4%
Interfor IFP.TOCanada$634M+42%-7%-28%0.71×10.0%-28.4%
Mengtian Home 603216.SSChina$607M-39%-5%3%2.27×16.7%3.4%
Stylam Industries STYLAMIND.NSIndia$563M+19%+10%20%6.59×86.8%n/a
Greenlam Industries GREENLAM.NSIndia$550M-11%+20%5%4.41×59.0%n/a
Dongguan HuaLi Industries 603038.SSChina$498M-27%+15%6%2.33×16.9%5.7%
Dare Power Dekor Home 000910.SZChina$414M-26%-4%-5%0.44×4.0%-5.1%
Responsive Industries RESPONIND.NSIndia$391M-24%-13%10%2.37×39.3%n/a
Suncha Technology 001211.SZChina$387M-14%+18%-2%2.99×20.7%-1.6%
UFP Industries UFPIUnited States$4.41B-5%-1%7%1.44×13.9%7.2%

Questions

Who are Vohringer Home Technology's main competitors?
Named competitors: Der Future (002631.SZ), Nature Home (private or unlisted). The cockpit's measured peer set (industry) also includes Canfor (CFP.TO), Inwido (INWI.ST), Sakata Seed (1377.T), Dehua TB New Decoration Material (002043.SZ), Der Future Science & Technology (002631.SZ), XIAMEN WANLI STONE STOCK (002785.SZ).
Is Vohringer Home Technology expensive compared with its peers?
On price / book it trades at 10.70× against a peer median of 2.30×, most expensive of 21 in its peer set. The share price implies a return on equity of about 82.1%; Vohringer Home Technology delivers -11.9%, so the price asks more than the business earns today.
How has Vohringer Home Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -38.1% against -8.2% for the median peer; over one year -44.3%.

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.