Chinese maker of precision mechanical components and machinery parts for industrial equipment manufacturers.
Chinese maker of precision mechanical components and machinery parts for industrial equipment manufacturers.
Moat: none
Headquarters: Yantai, China · Employees: 3,629
Size Yantai Eddie Precision Machinery (603638.SS) is a China Industrials company (Industrial Machinery) with a market value of $2.38B, the 1080th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.11 on 6 Nov 2026.
Performance Over six months the shares fell 22.1%, against -20.9% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 35.5% over the last twelve months (peer median +9.8%); the operating margin is 15.7% (peer median 7.9%).
Valuation It trades at 28.8× forward earnings against a peer median of 23.4× (6th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +8 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 3.2 points above its cost of capital (9.3% WACC).
Next results Next results expected around 5 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.15B | CN¥3.18B | CN¥2.72B | CN¥2.23B | CN¥2.01B |
| Revenue growth | — | +17% | +22% | +11% | — |
| Gross profit | CN¥1.45B | CN¥873M | CN¥753M | CN¥626M | CN¥541M |
| EBITDA | n/a | CN¥799M | CN¥656M | CN¥574M | CN¥467M |
| Net income | CN¥513M | CN¥394M | CN¥344M | CN¥279M | CN¥249M |
| Free cash flow | CN¥95.6M | CN¥81.8M | CN¥6.09M | -CN¥105M | CN¥26.8M |
| Capital expenditure | CN¥172M | CN¥437M | CN¥155M | CN¥126M | CN¥140M |
| Total debt | CN¥1.10B | CN¥2.14B | CN¥2.29B | CN¥1.99B | CN¥1.79B |
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 |
|---|---|---|---|---|---|---|
| Yantai Eddie Precision Machinery 603638.SS | $2.38B | -22% | +35% | 16% | 28.8× | 15.1% |
| Jiangsu Hengli Hydraulic 601100.SS | $17.9B | -15% | +31% | 24% | 38.2× | 24.0% |
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 | 603638.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.5% | -6.1% | 10th lowest of 21 |
| 6-month return | -22.1% | -20.9% | 11th highest of 21 |
| Distance from 52-week high | -35.6% | -42.3% | 6th highest of 21 |
| Revenue growth (TTM) | +35.5% | +9.8% | 5th highest of 21 |
| Operating margin | 15.7% | 7.9% | 4th highest of 21 |
| Forward P/E | 28.8× | 23.4× | 6th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 15.1% | 15.4% | 7th least demanding of 13 |
| Growth delivered (Del g) | +7.3% | +10.7% | 5th lowest of 13 |
| Hurdle (Req g minus delivered) | +7.9 pp | +4.4 pp | 5th most demanding of 13 |
| ROIC minus cost of capital | +3.2 pp | -1.2 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yantai Eddie Precision Machinery 603638.SS | China | $2.38B | -22% | +35% | 16% | 28.8× | 15.1% | +7.3% |
| Amber Enterprises India AMBER.NS | India | $2.39B | -28% | +15% | 5% | 59.6× | n/a | n/a |
| Wonik IPS 240810.KS | South Korea | $2.39B | -43% | +9% | 8% | 14.7× | 29.4% | -3.6% |
| ROBOTIS 108490.KS | South Korea | $2.37B | -30% | +52% | -16% | n/a | n/a | n/a |
| Munters MTRS.ST | Sweden | $2.40B | -34% | 0% | 9% | 26.2× | 12.4% | +16.0% |
| Doosan Robotics 454910.KS | South Korea | $2.41B | -54% | +97% | -91% | n/a | n/a | n/a |
| Organo 6368.T | Japan | $2.36B | -14% | +10% | 19% | 12.1× | 12.8% | +12.0% |
| Japan Steel Works 5631.T | Japan | $2.41B | -46% | -1% | 10% | 17.0× | n/a | n/a |
| Timken India TIMKEN.NS | India | $2.43B | -12% | +19% | 16% | 46.1× | 36.2% | +19.8% |
| Chengdu Xuguang Electronics 600353.SS | China | $2.32B | +8% | +13% | 7% | 64.5× | 53.1% | +12.8% |
| Chervon 2285.HK | Hong Kong | $2.32B | +103% | -6% | 8% | 15.7× | 12.1% | +6.4% |
| Zhuhai Bojay Electronics 002975.SZ | China | $2.32B | -13% | +71% | 18% | 41.2× | 34.2% | +6.0% |
| Guangdong Dongfang Precision Science & Technology 002611.SZ | China | $2.50B | -19% | -16% | 8% | 20.2× | 17.8% | +12.4% |
| Kalmar KALMAR.HE | Finland | $2.27B | -7% | +7% | 12% | 13.6× | -4.8% | -3.6% |
| All Ring Tech 6187.TWO | Taiwan | $2.52B | -36% | +1% | 29% | 25.0× | 26.4% | +28.9% |
| Dmg Mori 6141.T | Japan | $2.53B | -13% | +20% | 4% | 23.5× | 12.9% | +9.4% |
| China Baoan 000009.SZ | China | $2.56B | -23% | +26% | 7% | n/a | n/a | n/a |
| CECO Environmental CECO | United States | $2.56B | -47% | +38% | 6% | 16.5× | n/a | n/a |
| Wuxi Autowell Technology 688516.SS | China | $2.22B | -42% | -14% | 8% | 23.4× | n/a | n/a |
| Kunshan Kersen Science & Technology 603626.SS | China | $2.22B | +7% | -24% | -22% | 31.3× | n/a | n/a |
| Jungheinrich AG Pref JUN3.DE | Germany | $2.58B | -12% | +2% | 5% | 10.3× | -0.4% | +7.6% |