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Chinese engineering and equipment company serving industrial construction and technology projects.
Chinese engineering and equipment company serving industrial construction and technology projects.
Moat: none
Headquarters: China · Employees: 958
Size Changzheng Engineering Technology (603698.SS) is a China Industrials company (Industrial Machinery) with a market value of $1.51B, the 1622nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.83 on 6 Nov 2026.
Performance Over six months the shares fell 57.2%, against -14.4% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue fell 4.3% over the last twelve months (peer median +12.2%); the operating margin is 7.3% (peer median 8.6%).
Valuation It trades at 33.0× forward earnings against a peer median of 24.3× (7th most expensive of 15).
Capital Return on invested capital runs 5.3 points below its cost of capital (10.0% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.52B | CN¥4.21B | CN¥3.39B | CN¥2.79B | CN¥2.50B |
| Revenue growth | — | +24% | +22% | +11% | — |
| Gross profit | CN¥919M | CN¥779M | CN¥652M | CN¥563M | CN¥485M |
| EBITDA | n/a | CN¥404M | CN¥275M | CN¥172M | CN¥190M |
| Net income | CN¥182M | CN¥217M | CN¥189M | CN¥187M | CN¥167M |
| Free cash flow | -CN¥57.1M | -CN¥929M | CN¥167M | CN¥245M | CN¥378M |
| Capital expenditure | CN¥878M | CN¥796M | CN¥475M | CN¥129M | CN¥52.8M |
| Total debt | CN¥2.25B | CN¥2.43B | CN¥1.74B | CN¥7.55M | CN¥26.7M |
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 | 603698.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.2% | -9.4% | 9th highest of 21 |
| 6-month return | -57.2% | -14.4% | lowest of 20 |
| Distance from 52-week high | -61.1% | -40.7% | 5th lowest of 21 |
| Revenue growth (TTM) | -4.3% | +12.2% | lowest of 21 |
| Operating margin | 7.3% | 8.6% | 9th lowest of 21 |
| Forward P/E | 33.0× | 24.3× | 7th most expensive of 15 |
| ROIC minus cost of capital | -5.3 pp | -2.5 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Changzheng Engineering Technology 603698.SS | China | $1.51B | -57% | -4% | 7% | 33.0× | n/a | n/a |
| Jiangsu Huahong Technology Stock 002645.SZ | China | $1.52B | -38% | +57% | 5% | 20.6× | n/a | n/a |
| Rokae (Shandong) Robotics 3752.HK | Hong Kong | $1.52B | n/a | +105% | -5% | n/a | n/a | n/a |
| Jirfine Intelligent Equipment 301603.SZ | China | $1.53B | -12% | +43% | 15% | n/a | 28.5% | +26.7% |
| Ningbo Donly 002164.SZ | China | $1.49B | +49% | +5% | 5% | n/a | n/a | n/a |
| CKD 6407.T | Japan | $1.54B | -40% | +11% | 14% | 10.8× | 12.4% | +8.1% |
| Interroll INRN.SW | Switzerland | $1.47B | -11% | +2% | 13% | 20.6× | 1.4% | -0.6% |
| Ningbo Haitian Precision Machinery 601882.SS | China | $1.56B | -1% | +19% | 11% | 20.0× | 12.8% | +15.6% |
| Crompton Greaves Consumer Electricals CROMPTON.NS | India | $1.47B | -26% | +12% | 8% | 23.6× | 20.5% | +11.0% |
| LU-VE LUVE.MI | Italy | $1.47B | -13% | +8% | 10% | 25.0× | 14.5% | +8.6% |
| Helios Technologies HLIO | United States | $1.56B | -30% | +14% | 13% | 14.6× | 11.2% | +9.9% |
| Okuma 6103.T | Japan | $1.56B | -16% | +15% | 9% | 10.4× | n/a | n/a |
| Quick Intelligent Equipment 603203.SS | China | $1.57B | -12% | +20% | 21% | 39.3× | 28.7% | +15.2% |
| Goodwin GDWN.L | United Kingdom | $1.46B | +16% | +2% | 13% | n/a | 47.7% | -12.1% |
| Shanghai Highly (Group) 600619.SS | China | $1.57B | -33% | +3% | 3% | n/a | 8.6% | +13.1% |
| Shenzhen Qiangrui Precision Technology 301128.SZ | China | $1.46B | -47% | +56% | 10% | n/a | n/a | n/a |
| Hongyuan Green Energy 603185.SS | China | $1.46B | -34% | +14% | -15% | 51.1× | n/a | n/a |
| Qinchuan Machine Tool & Tool Group Share 000837.SZ | China | $1.46B | -14% | +8% | -4% | 105.7× | n/a | n/a |
| Tofflon Science and Technology 300171.SZ | China | $1.57B | +4% | -2% | 6% | 34.7× | 8.0% | +14.0% |
| Qingdao Haier Biomedical 688139.SS | China | $1.58B | +6% | +12% | 9% | 36.5× | 20.7% | +10.8% |
| Tongyu Heavy Industry 300185.SZ | China | $1.59B | -17% | +6% | 4% | 43.7× | 6.3% | +3.1% |