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← CockpitCompetitor Analysis › 688419.SS Nextool Technology Co., Ltd. Class AOpen in the cockpit ↗

Nextool Technology Co., Ltd. Class A688419.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Industrial Machinery
Momentum strong 63
Mkt cap
$621M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$14.7M
20-day average traded
Fwd P/E
23.7×
forward earnings
ROIC−WACC
+8.3 pp
WACC 13.6%
Hurdle
+23 pp
Req g minus delivered
Close · CNYCN¥36.37
1D-4.2%
1W+7.0%
1M-20.9%
3M+6.2%
6M-13.6%
YTD+29.9%
1Y+26.3%
ATR %9.2%
52w lowhigh56.6% off high

What Nextool Technology does

Employees: 521

Nextool Technology at a glance

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).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026Peer median 92688419.SS 86
Six months, rebased to 100: Nextool Technology against the median of its 20 peers (local-currency closes).

Nextool Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥395MCN¥293MCN¥267MCN¥198MCN¥268M
Revenue growth—+10%+35%-26%—
Gross profitCN¥164MCN¥120MCN¥98.5MCN¥76.5MCN¥94.6M
EBITDAn/aCN¥82.1MCN¥55.5MCN¥43.5MCN¥57.7M
Net incomeCN¥95.1MCN¥80.3MCN¥64.0MCN¥52.4MCN¥57.2M
Free cash flowCN¥37.2MCN¥951,590CN¥40.9MCN¥47.2M-CN¥19.6M
Capital expenditureCN¥21.2MCN¥49.1MCN¥41.5MCN¥32.7MCN¥18.5M
Total debtCN¥44.7MCN¥33.5MCN¥34.3MCN¥24.4MCN¥50.2M

Quarterly statements and history in the cockpit →

Nextool Technology competitor charts

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.

Performance: 6-month against 1-month return

-50%0%+50%-30%-20%-10%0%002559002903MANINDS301028001223687779953000660024185943272245063010814216688665300441LSC62775715688419.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Nextool Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×100×200×300×002559002903MANINDS6877594327224506688419.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nextool Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%002559687779955943272245064216688665688419.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Nextool Technology is the large dot.

Nextool Technology competitors and peer comparison

How Nextool Technology compares with its peers

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.

Nextool Technology against its 20 peers (data as of 6 Nov 2026)
Measure688419.SSPeer medianRank 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 margin23.8%5.3%highest of 21
Forward P/E23.7×14.6×4th 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 ppmost demanding of 11
ROIC minus cost of capital+8.3 pp-3.6 pp3rd highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Nextool Technology 688419.SSChina$621M-14%+36%24%23.7×34.4%+11.8%
Jiangsu Yawei Machine Tool 002559.SZChina$624M-25%+7%2%25.9×24.8%+6.9%
Yuhuan CNC Machine Tool 002903.SZChina$616M-28%-26%-18%335.0×n/an/a
Man Industries (India) MANINDS.NSIndia$629M+49%+11%11%19.2×n/an/a
Xiamen Dingrongyan Technology 301028.SZChina$614M-25%+15%16%n/an/an/a
OK Science & Technology 001223.SZChina$629M-19%+10%-5%n/an/an/a
Obara 6877.TJapan$630M+12%+17%17%10.6×-0.2%+6.9%
Valqua 7995.TJapan$611M-6%+15%15%10.2×11.3%+5.5%
Sanchuan Wisdom Technology 300066.SZChina$632M-35%+16%-1%n/an/an/a
Zhejiang Kangsheng 002418.SZChina$632M-34%+14%2%n/an/an/a
Noritz 5943.TJapan$633M-3%-1%2%12.8×4.1%+1.9%
Chongqing Machinery & Electric 2722.HKHong Kong$634M-61%+20%1%4.0×13.5%+8.8%
Gfc 4506.TWOTaiwan$608M-5%+4%22%17.2×-9.7%+6.5%
Yanpai Filtration Technology 301081.SZChina$607M+9%+16%3%n/an/an/a
Robotphoenix Intelligent Technology 6871.HKHong Kong$606Mn/a+45%-38%n/an/an/a
Asahi Yukizai 4216.TJapan$638M-8%+1%11%16.4×-1.8%+8.4%
Cubic Sensor and Instrument 688665.SSChina$603M-19%+6%12%24.1×30.0%+27.3%
Ningbo BaoSi Energy Equipment 300441.SZChina$640M-5%0%12%7.4×n/an/a
London Security LSC.LUnited Kingdom$602M+16%+12%13%n/a-7.1%+9.9%
Hosokawa Micron 6277.TJapan$601M+7%-1%5%14.6×14.6%+7.8%
Furukawa 5715.TJapan$646M-24%+10%6%12.8×n/an/a

Questions

Which companies are Nextool Technology's closest peers?
The cockpit's peer set: Jiangsu Yawei Machine Tool (002559.SZ), Yuhuan CNC Machine Tool (002903.SZ), Man Industries (India) (MANINDS.NS), Xiamen Dingrongyan Technology (301028.SZ), OK Science & Technology (001223.SZ), Obara (6877.T), Valqua (7995.T), Sanchuan Wisdom Technology (300066.SZ).
Is Nextool Technology expensive compared with its peers?
On forward p/e it trades at 23.7× against a peer median of 14.6×, 4th most expensive of 14 in its peer set. 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.
How has Nextool Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -13.6% against -8.4% for the median peer; over one year +26.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.