Employees: 521
Size Nextool Technology (688419.SS) is a China Industrials company (Industrial Machinery) with a market value of $621M, the 3335th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥36.37 on 6 Nov 2026.
Performance Over six months the shares fell 13.6%, against -8.4% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue grew 35.8% over the last twelve months (peer median +10.5%); the operating margin is 23.8% (peer median 5.3%).
Valuation It trades at 23.7× forward earnings against a peer median of 14.6× (4th most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 34% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +23 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 8.3 points above its cost of capital (13.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥395M | CN¥293M | CN¥267M | CN¥198M | CN¥268M |
| Revenue growth | — | +10% | +35% | -26% | — |
| Gross profit | CN¥164M | CN¥120M | CN¥98.5M | CN¥76.5M | CN¥94.6M |
| EBITDA | n/a | CN¥82.1M | CN¥55.5M | CN¥43.5M | CN¥57.7M |
| Net income | CN¥95.1M | CN¥80.3M | CN¥64.0M | CN¥52.4M | CN¥57.2M |
| Free cash flow | CN¥37.2M | CN¥951,590 | CN¥40.9M | CN¥47.2M | -CN¥19.6M |
| Capital expenditure | CN¥21.2M | CN¥49.1M | CN¥41.5M | CN¥32.7M | CN¥18.5M |
| Total debt | CN¥44.7M | CN¥33.5M | CN¥34.3M | CN¥24.4M | CN¥50.2M |
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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 | 688419.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.9% | -10.3% | 5th lowest of 21 |
| 6-month return | -13.6% | -8.4% | 10th lowest of 20 |
| Distance from 52-week high | -56.6% | -39.3% | 3rd lowest of 21 |
| Revenue growth (TTM) | +35.8% | +10.5% | 2nd highest of 21 |
| Operating margin | 23.8% | 5.3% | highest of 21 |
| Forward P/E | 23.7× | 14.6× | 4th most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 34.4% | 7.7% | most demanding of 11 |
| Growth delivered (Del g) | +11.8% | +7.4% | 2nd highest of 11 |
| Hurdle (Req g minus delivered) | +22.6 pp | +2.4 pp | most demanding of 11 |
| ROIC minus cost of capital | +8.3 pp | -3.6 pp | 3rd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nextool Technology 688419.SS | China | $621M | -14% | +36% | 24% | 23.7× | 34.4% | +11.8% |
| Jiangsu Yawei Machine Tool 002559.SZ | China | $624M | -25% | +7% | 2% | 25.9× | 24.8% | +6.9% |
| Yuhuan CNC Machine Tool 002903.SZ | China | $616M | -28% | -26% | -18% | 335.0× | n/a | n/a |
| Man Industries (India) MANINDS.NS | India | $629M | +49% | +11% | 11% | 19.2× | n/a | n/a |
| Xiamen Dingrongyan Technology 301028.SZ | China | $614M | -25% | +15% | 16% | n/a | n/a | n/a |
| OK Science & Technology 001223.SZ | China | $629M | -19% | +10% | -5% | n/a | n/a | n/a |
| Obara 6877.T | Japan | $630M | +12% | +17% | 17% | 10.6× | -0.2% | +6.9% |
| Valqua 7995.T | Japan | $611M | -6% | +15% | 15% | 10.2× | 11.3% | +5.5% |
| Sanchuan Wisdom Technology 300066.SZ | China | $632M | -35% | +16% | -1% | n/a | n/a | n/a |
| Zhejiang Kangsheng 002418.SZ | China | $632M | -34% | +14% | 2% | n/a | n/a | n/a |
| Noritz 5943.T | Japan | $633M | -3% | -1% | 2% | 12.8× | 4.1% | +1.9% |
| Chongqing Machinery & Electric 2722.HK | Hong Kong | $634M | -61% | +20% | 1% | 4.0× | 13.5% | +8.8% |
| Gfc 4506.TWO | Taiwan | $608M | -5% | +4% | 22% | 17.2× | -9.7% | +6.5% |
| Yanpai Filtration Technology 301081.SZ | China | $607M | +9% | +16% | 3% | n/a | n/a | n/a |
| Robotphoenix Intelligent Technology 6871.HK | Hong Kong | $606M | n/a | +45% | -38% | n/a | n/a | n/a |
| Asahi Yukizai 4216.T | Japan | $638M | -8% | +1% | 11% | 16.4× | -1.8% | +8.4% |
| Cubic Sensor and Instrument 688665.SS | China | $603M | -19% | +6% | 12% | 24.1× | 30.0% | +27.3% |
| Ningbo BaoSi Energy Equipment 300441.SZ | China | $640M | -5% | 0% | 12% | 7.4× | n/a | n/a |
| London Security LSC.L | United Kingdom | $602M | +16% | +12% | 13% | n/a | -7.1% | +9.9% |
| Hosokawa Micron 6277.T | Japan | $601M | +7% | -1% | 5% | 14.6× | 14.6% | +7.8% |
| Furukawa 5715.T | Japan | $646M | -24% | +10% | 6% | 12.8× | n/a | n/a |