Which companies are Hefei Conver's closest peers?

The cockpit's peer set: Changchai (000570.SZ), Shanghai Vico Precision Mold & Plastics (301499.SZ), Swaraj Engines (SWARAJENG.NS), Ningbo Tianlong Electronics (603266.SS), SNT DYNAMICS (003570.KS), Beijing Tianyishangjia New Material (688033.SS), NRB Bearings (NRBBEARING.NS), Tianjin Pengling (300375.SZ).

Is Hefei Conver expensive compared with its peers?

On ev / sales it trades at 1.9× against a peer median of 1.6×, 9th most expensive of 20 in its peer set.

How has Hefei Conver stock performed?

Over six months to 6 Nov 2026 the shares returned -45.0% against -20.8% for the median peer; over one year -30.4%.

← CockpitCompetitor Analysis › 603409.SS Hefei Conver Holding Co., Ltd. Class AOpen in the cockpit ↗

Hefei Conver Holding Co., Ltd. Class A603409.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Auto Parts: OEM

Momentum weak 21

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$451M

US dollars, full cap

$/day

$4.27M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+6.3 pp

WACC 7.4%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥16.00

1D-1.1%

1W+5.0%

1M-8.8%

3M-7.6%

6M-45.0%

YTD-36.0%

1Y-30.4%

ATR %3.7%

52w lowhigh48.1% off high

What Hefei Conver does

Employees: 1,316

Hefei Conver at a glance

Size Hefei Conver (603409.SS) is a China Consumer Discretionary company (Auto Parts: OEM) with a market value of $451M, the 4102nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.00 on 6 Nov 2026.

Performance Over six months the shares fell 45.0%, against -20.8% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 15.5% over the last twelve months (peer median +2.6%); the operating margin is 10.8% (peer median 6.2%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 1.6× (9th most expensive of 20).

Capital Return on invested capital runs 6.3 points above its cost of capital (7.4% WACC).

Relative performance

Six months, rebased to 100: Hefei Conver against the median of its 20 peers (local-currency closes).

Hefei Conver financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥1.47B	CN¥1.23B	CN¥1.07B	CN¥761M	CN¥626M
Revenue growth	—	+16%	+40%	+22%	—
Gross profit	CN¥461M	CN¥297M	CN¥295M	CN¥247M	CN¥236M
EBITDA	n/a	CN¥265M	CN¥255M	CN¥217M	CN¥212M
Net income	CN¥145M	CN¥147M	CN¥163M	CN¥152M	CN¥162M
Free cash flow	-CN¥61.5M	CN¥61.4M	-CN¥92.2M	-CN¥43.4M	CN¥75.8M
Capital expenditure	CN¥241M	CN¥94.1M	CN¥241M	CN¥116M	CN¥59.9M
Total debt	CN¥159M	CN¥104M	CN¥217M	CN¥110M	CN¥141M

Quarterly statements and history in the cockpit →

Hefei Conver 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

Up and to the right = strong over both horizons. Hefei Conver is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hefei Conver is the large dot.

Hefei Conver competitors and peer comparison

How Hefei Conver 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.

Hefei Conver against its 20 peers (data as of 6 Nov 2026)
Measure	603409.SS	Peer median	Rank in peer set
1-month return	-8.8%	-8.1%	11th highest of 21
6-month return	-45.0%	-20.8%	2nd lowest of 21
Distance from 52-week high	-48.1%	-28.7%	3rd lowest of 21
Revenue growth (TTM)	+15.5%	+2.6%	5th highest of 20
Operating margin	10.8%	6.2%	6th highest of 20
EV / Sales	1.9×	1.6×	9th most expensive of 20
ROIC minus cost of capital	+6.3 pp	-0.9 pp	3rd highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Hefei Conver 603409.SS	China	$451M	-45%	+16%	11%	1.9×	n/a	n/a
Changchai 000570.SZ	China	$450M	-23%	+1%	2%	1.0×	7.2%	+1.5%
Shanghai Vico Precision Mold & Plastics 301499.SZ	China	$450M	-39%	+16%	4%	2.7×	n/a	n/a
Swaraj Engines SWARAJENG.NS	India	$450M	-13%	+25%	12%	1.9×	19.1%	+15.3%
Ningbo Tianlong Electronics 603266.SS	China	$448M	-26%	+3%	8%	2.2×	8.7%	+6.3%
SNT DYNAMICS 003570.KS	South Korea	$446M	-59%	+9%	8%	0.8×	n/a	n/a
Beijing Tianyishangjia New Material 688033.SS	China	$459M	-34%	-31%	-342%	8.4×	15.2%	+10.6%
NRB Bearings NRBBEARING.NS	India	$442M	+44%	+14%	13%	3.0×	27.7%	+12.0%
Tianjin Pengling 300375.SZ	China	$439M	-20%	+7%	2%	1.1×	21.7%	+11.3%
Xin Point 1571.HK	Hong Kong	$437M	-21%	+1%	19%	0.6×	n/a	n/a
Kehua 603161.SS	China	$433M	-12%	n/a	n/a	n/a	n/a	n/a
Chuo Spring 5992.T	Japan	$433M	-28%	+2%	2%	0.6×	n/a	n/a
Shenzhen Roadrover Technology 002813.SZ	China	$470M	-4%	-14%	-16%	9.0×	n/a	n/a
DaikyoNishikawa 4246.T	Japan	$431M	+17%	-3%	6%	0.4×	-5.1%	+2.0%
Tachi-S 7239.T	Japan	$474M	+6%	-2%	5%	0.1×	-16.7%	+6.3%
Martinrea International MRE.TO	Canada	$475M	-10%	-3%	5%	0.4×	-6.2%	+7.4%
Xingmin Intelligent Transportation Systems (Group) 002355.SZ	China	$426M	-29%	+20%	-19%	3.6×	n/a	n/a
Ningbo Gaofa Automotive Control System 603788.SS	China	$424M	-25%	+3%	11%	1.6×	-0.2%	+12.1%
T.RAD 7236.T	Japan	$485M	+17%	+6%	7%	0.5×	5.0%	+7.5%
Shanghai Lianming Machinery 603006.SS	China	$418M	-19%	+17%	8%	2.6×	18.6%	-5.1%
Xuelong 603949.SS	China	$416M	-26%	+10%	17%	5.2×	n/a	n/a

Questions

Which companies are Hefei Conver's closest peers?: The cockpit's peer set: Changchai (000570.SZ), Shanghai Vico Precision Mold & Plastics (301499.SZ), Swaraj Engines (SWARAJENG.NS), Ningbo Tianlong Electronics (603266.SS), SNT DYNAMICS (003570.KS), Beijing Tianyishangjia New Material (688033.SS), NRB Bearings (NRBBEARING.NS), Tianjin Pengling (300375.SZ).
Is Hefei Conver expensive compared with its peers?: On ev / sales it trades at 1.9× against a peer median of 1.6×, 9th most expensive of 20 in its peer set.
How has Hefei Conver stock performed?: Over six months to 6 Nov 2026 the shares returned -45.0% against -20.8% for the median peer; over one year -30.4%.