Loading…
Chinese industrial equipment/components maker; specifics unconfirmed.
Chinese industrial equipment/components maker; specifics unconfirmed.
Moat: none
Headquarters: China · Employees: 5,425
Size KTK (603680.SS) is a China Industrials company (Trucks/Construction/Farm Machinery) with a market value of $1.28B, the 1867th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.92 on 6 Nov 2026.
Performance Over six months the shares fell 24.0%, against -17.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue fell 16.1% over the last twelve months (peer median +9.6%); the operating margin is 16.9% (peer median 6.8%).
Valuation It trades at 1.9× enterprise value to sales against a peer median of 2.3× (10th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.7 points above its cost of capital (6.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.17B | CN¥4.32B | CN¥4.48B | CN¥3.68B | CN¥3.52B |
| Revenue growth | — | -4% | +22% | +5% | — |
| Gross profit | CN¥1.44B | CN¥1.24B | CN¥1.06B | CN¥825M | CN¥801M |
| EBITDA | n/a | CN¥728M | CN¥537M | CN¥387M | CN¥311M |
| Net income | CN¥677M | CN¥582M | CN¥302M | CN¥277M | CN¥198M |
| Free cash flow | CN¥1.09B | CN¥722M | CN¥157M | CN¥333M | CN¥74.7M |
| Capital expenditure | CN¥81.3M | CN¥93.4M | CN¥205M | CN¥90.9M | CN¥95.4M |
| Total debt | CN¥570M | CN¥1.11B | CN¥2.32B | CN¥2.35B | CN¥2.52B |
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 | 603680.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.1% | -3.2% | 6th highest of 21 |
| 6-month return | -24.0% | -17.8% | 7th lowest of 21 |
| Distance from 52-week high | -39.2% | -35.4% | 11th highest of 21 |
| Revenue growth (TTM) | -16.1% | +9.6% | 2nd lowest of 21 |
| Operating margin | 16.9% | 6.8% | 2nd highest of 21 |
| EV / Sales | 1.9× | 2.3× | 10th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -6.0% | 10.7% | least demanding of 16 |
| Growth delivered (Del g) | +2.3% | +10.6% | 3rd lowest of 16 |
| Hurdle (Req g minus delivered) | -8.3 pp | -2.9 pp | 4th least demanding of 16 |
| ROIC minus cost of capital | +4.7 pp | -0.7 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| KTK 603680.SS | China | $1.28B | -24% | -16% | 17% | 1.9× | -6.0% | +2.3% |
| Greenbrier Companies GBX | United States | $1.29B | -18% | -24% | 4% | 1.3× | n/a | n/a |
| Alimak ALIG.ST | Sweden | $1.31B | +13% | -2% | 15% | 2.4× | 8.5% | +12.9% |
| Ingersoll-Rand (India) INGERRAND.NS | India | $1.33B | -13% | +8% | 23% | 8.6× | 34.1% | +17.6% |
| Austal ASB.AX | Australia | $1.23B | 0% | +11% | -7% | 0.9× | n/a | n/a |
| Asian Star Anchor Chain 601890.SS | China | $1.22B | -23% | +2% | 13% | 3.4× | 10.7% | +13.5% |
| Xinjiang Machinery Research Institute 300159.SZ | China | $1.21B | -28% | +28% | -40% | 8.4× | n/a | n/a |
| Chengdu Yunda Technology 300440.SZ | China | $1.17B | -1% | +9% | 6% | 6.9× | 42.0% | +8.7% |
| Chengdu Leejun Industrial 002651.SZ | China | $1.17B | -20% | +7% | -6% | 8.0× | 15.0% | -2.3% |
| Hengbo 301225.SZ | China | $1.41B | -11% | +69% | 7% | 5.7× | n/a | n/a |
| OMH SCIENCE 300486.SZ | China | $1.17B | -30% | +35% | 2% | 6.2× | 47.7% | -0.3% |
| Comer Industries COM.MI | Italy | $1.43B | -18% | +31% | 10% | 1.3× | 3.1% | +17.7% |
| Weichai Heavy Machinery 000880.SZ | China | $1.44B | -33% | +58% | 2% | 0.9× | 6.8% | +13.1% |
| Action Construction Equipment ACE.NS | India | $1.47B | +29% | +5% | 15% | 4.1× | 29.6% | +21.7% |
| Yamabiko 6250.T | Japan | $1.11B | +8% | +10% | 13% | 0.9× | -2.2% | +5.7% |
| Taiyuan Heavy Industry 600169.SS | China | $1.10B | -8% | +10% | 6% | 1.9× | -3.8% | +3.7% |
| Hanwha Engine 082740.KS | South Korea | $1.50B | -72% | +3% | 12% | 1.4× | -0.3% | +10.6% |
| Bestway Marine & Energy Technology 300008.SZ | China | $1.51B | -29% | +1% | 8% | 2.2× | 14.5% | +54.0% |
| Vossloh Aktiengesellschaft VOS.DE | Germany | $1.08B | -31% | +21% | 5% | 1.3× | 12.9% | +9.1% |
| Lindsay LNN | United States | $1.08B | -3% | -6% | 11% | 1.6× | 6.0% | +2.3% |
| Willing New Energy 002667.SZ | China | $1.08B | -20% | +49% | -44% | 16.3× | n/a | n/a |