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Employees: 10,185
Size Henglin Home Furnishings (603661.SS) is a China Industrials company (Office Equipment/Supplies) with a market value of $543M, the 3662nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥26.46 on 6 Nov 2026.
Performance Over six months the shares fell 13.3%, against -1.3% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 18 in its peer set.
Growth Revenue grew 12.6% over the last twelve months (peer median +5.6%); the operating margin is 3.9% (peer median 6.9%).
Valuation It trades at 12.7× forward earnings against a peer median of 14.6× (7th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -31 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.2 points above its cost of capital (5.6% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥13.2B | CN¥11.7B | CN¥11.0B | CN¥8.18B | CN¥6.50B |
| Revenue growth | — | +6% | +34% | +26% | — |
| Gross profit | CN¥2.83B | CN¥2.05B | CN¥1.92B | CN¥1.83B | CN¥1.32B |
| EBITDA | n/a | CN¥1.01B | CN¥946M | CN¥786M | CN¥611M |
| Net income | CN¥44.2M | CN¥164M | CN¥263M | CN¥263M | CN¥358M |
| Free cash flow | CN¥719M | CN¥783M | CN¥744M | CN¥1.66M | CN¥236M |
| Capital expenditure | CN¥121M | CN¥164M | CN¥212M | CN¥450M | CN¥401M |
| Total debt | CN¥4.21B | CN¥3.75B | CN¥4.50B | CN¥3.69B | CN¥3.06B |
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.
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 | 603661.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.4% | -1.0% | lowest of 18 |
| 6-month return | -13.3% | -1.3% | 7th lowest of 18 |
| Distance from 52-week high | -38.8% | -24.5% | 4th lowest of 18 |
| Revenue growth (TTM) | +12.6% | +5.6% | 6th highest of 18 |
| Operating margin | 3.9% | 6.9% | 3rd lowest of 18 |
| Forward P/E | 12.7× | 14.6× | 7th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -11.5% | -0.7% | least demanding of 17 |
| Growth delivered (Del g) | +19.8% | +6.5% | 2nd highest of 17 |
| Hurdle (Req g minus delivered) | -31.3 pp | -2.6 pp | 2nd least demanding of 17 |
| ROIC minus cost of capital | +5.2 pp | +0.6 pp | 7th highest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Henglin Home Furnishings 603661.SS | China | $543M | -13% | +13% | 4% | 12.7× | -11.5% | +19.8% |
| Loctek Ergonomic Technology 300729.SZ | China | $552M | -13% | +6% | 6% | 22.4× | -9.4% | +28.2% |
| West Coast Paper Mills WSTCSTPAPR.NS | India | $516M | +42% | +8% | 6% | 13.0× | 28.8% | +13.8% |
| F.I.L.A. - Fabbrica Italiana Lapis ed Affini FILA.MI | Italy | $509M | +1% | +1% | 11% | 9.8× | -4.3% | -1.2% |
| UE Furniture 603600.SS | China | $579M | -1% | +13% | 6% | 12.5× | -7.9% | +7.3% |
| Guangbo Group Stock 002103.SZ | China | $507M | -19% | +4% | 5% | 20.8× | 7.0% | +1.1% |
| Jinbei Automotive 600609.SS | China | $618M | -21% | +4% | 7% | n/a | -5.4% | -3.6% |
| ACCO Brands ACCO | United States | $467M | +25% | +2% | 7% | 5.5× | -0.9% | -1.6% |
| Zhejiang Dafeng Industry 603081.SS | China | $679M | -14% | +18% | 0% | 27.5× | -4.3% | -1.0% |
| Horizon Fixture 6957.TW | Taiwan | $712M | +162% | +15% | 18% | 20.3× | 8.6% | +9.6% |
| Shenzhen Comix 002301.SZ | China | $717M | -1% | +13% | 1% | 32.5× | -0.5% | +8.4% |
| ITOKI 7972.T | Japan | $784M | -26% | +10% | 9% | 10.3× | 1.7% | +5.7% |
| Navneet Education NAVNETEDUL.NS | India | $303M | -13% | -4% | 10% | 16.8× | 19.3% | +16.0% |
| DOMS Industries DOMS.NS | India | $1.32B | -13% | +18% | 11% | 56.1× | n/a | n/a |
| MCC Meili Cloud Computing Industry Investment 000815.SZ | China | $1.41B | -29% | -25% | 10% | n/a | 51.4% | -21.7% |
| MillerKnoll MLKN | United States | $1.48B | +32% | +1% | 6% | 11.2× | 7.3% | +9.3% |
| PILOT 7846.T | Japan | $1.62B | +33% | +7% | 14% | 14.6× | -3.8% | +7.7% |
| Konica Minolta 4902.T | Japan | $1.79B | +14% | 0% | 5% | 9.7× | -5.6% | +4.7% |