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Chinese manufacturer of wires and cables for power transmission, distribution and electrical equipment.
Chinese manufacturer of wires and cables for power transmission, distribution and electrical equipment.
Moat: none. Commodity cable making in a fragmented, price-competitive Chinese industry.
Headquarters: Hebei, China · Employees: 3,209
Size Hebei Huatong Wires and Cables (605196.SS) is a China Industrials company (Metal Fabrication) with a market value of $1.94B, the 1301st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥25.25 on 6 Nov 2026.
Performance Over six months the shares fell 40.9%, against -1.3% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 49.4% over the last twelve months (peer median +13.9%); the operating margin is 9.8% (peer median 11.1%).
Valuation It trades at 13.4× forward earnings against a peer median of 31.6× (5th cheapest of 19).
Capital Return on invested capital runs 4.5 points above its cost of capital (6.7% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥10.4B | CN¥7.52B | CN¥6.34B | CN¥5.34B | CN¥5.17B |
| Revenue growth | — | +19% | +19% | +3% | — |
| Gross profit | CN¥1.98B | CN¥1.12B | CN¥911M | CN¥911M | CN¥714M |
| EBITDA | n/a | CN¥687M | CN¥565M | CN¥562M | CN¥393M |
| Net income | CN¥531M | CN¥286M | CN¥319M | CN¥364M | CN¥257M |
| Free cash flow | -CN¥1.83B | -CN¥1.03B | -CN¥990M | -CN¥88.2M | CN¥63.0M |
| Capital expenditure | CN¥1.37B | CN¥1.07B | CN¥836M | CN¥496M | CN¥186M |
| Total debt | CN¥5.16B | CN¥4.42B | CN¥3.18B | CN¥1.94B | CN¥2.28B |
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 |
|---|---|---|---|---|---|---|
| Hebei Huatong Wires and Cables 605196.SS | $1.94B | -41% | +49% | 10% | 13.4× | n/a |
| Qingdao Hanhe Cable 002498.SZ | $2.74B | -37% | +21% | 3% | 18.3× | n/a |
| Zhejiang Wanma 002276.SZ | $1.42B | -25% | +13% | 1% | 10.8× | 5.1% |
| Henan Tong-Da Cable 002560.SZ | $607M | -47% | +16% | 2% | 20.5× | 16.2% |
| Ningbo Orient Wires & Cables 603606.SS | $4.96B | -23% | +36% | 12% | 21.1× | 3.6% |
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 | 605196.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.7% | -9.7% | 6th lowest of 21 |
| 6-month return | -40.9% | -1.3% | 6th lowest of 21 |
| Distance from 52-week high | -57.6% | -45.0% | 8th lowest of 21 |
| Revenue growth (TTM) | +49.4% | +13.9% | 2nd highest of 21 |
| Operating margin | 9.8% | 11.1% | 10th lowest of 21 |
| Forward P/E | 13.4× | 31.6× | 5th cheapest of 19 |
| ROIC minus cost of capital | +4.5 pp | -0.3 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hebei Huatong Wires and Cables 605196.SS | China | $1.94B | -41% | +49% | 10% | 13.4× | n/a | n/a |
| Beijer Alma BEIA-B.ST | Sweden | $1.86B | 0% | +6% | 15% | 20.7× | 9.9% | +12.8% |
| Baoding Technology 002552.SZ | China | $1.84B | +44% | +64% | 15% | n/a | 11.3% | +54.0% |
| SF Diamond 300179.SZ | China | $1.81B | -12% | +34% | 11% | 79.8× | 49.2% | +12.2% |
| NBTM New Materials 600114.SS | China | $2.14B | -40% | +6% | 9% | 22.8× | 13.8% | +13.0% |
| Lizhong Sitong Light Alloys 300428.SZ | China | $2.14B | -3% | +24% | 4% | 11.8× | n/a | n/a |
| Gaona Aero Material 300034.SZ | China | $1.71B | -29% | +5% | 5% | 49.0× | 21.3% | +18.5% |
| Happy Forging HAPPYFORGE.NS | India | $1.70B | +20% | +16% | 25% | 40.5× | 42.7% | +21.2% |
| Nanshan Aluminium International 2610.HK | Hong Kong | $1.67B | -45% | -19% | 21% | 7.8× | n/a | n/a |
| Zhejiang Changsheng Sliding Bearings 300718.SZ | China | $2.25B | -29% | +20% | 21% | 47.3× | 16.5% | +14.1% |
| Azad Engineering AZAD.NS | India | $1.66B | +8% | +29% | 28% | 91.6× | n/a | n/a |
| Anhui Honglu Steel Construction (Group) 002541.SZ | China | $2.30B | +4% | +12% | 5% | 16.0× | 3.8% | +10.4% |
| Changzhou Nrb 002708.SZ | China | $1.63B | +50% | +29% | 1% | 74.0× | n/a | n/a |
| Taihan Cable & Solution 001440.KS | South Korea | $2.31B | -70% | +22% | 5% | 99.2× | n/a | n/a |
| Maruichi Steel Tube 5463.T | Japan | $2.32B | +5% | -2% | 14% | 11.9× | -2.7% | +8.6% |
| Suzhou UIGreen Micro&Nano Technologies 688661.SS | China | $1.55B | -44% | -7% | -3% | 44.2× | n/a | n/a |
| Bossard BOSN.SW | Switzerland | $2.42B | +55% | +7% | 11% | 20.1× | 5.9% | +5.6% |
| Essence Fastening Systems (Shanghai) 301005.SZ | China | $1.54B | -55% | +17% | 0% | n/a | n/a | n/a |
| Luoyang Xinqianglian Slewing Bearing 300850.SZ | China | $1.54B | -42% | +10% | 21% | 11.1× | n/a | n/a |
| Usha Martin USHAMART.NS | India | $1.54B | 0% | +9% | 17% | 22.8× | 23.1% | +12.0% |
| Shenzhen Vital New Material 301319.SZ | China | $1.53B | +15% | +34% | 5% | 82.0× | n/a | n/a |