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Hangzhou-based digital technology company providing equipment and systems for industrial customers.
Hangzhou-based digital technology company providing equipment and systems for industrial customers.
Moat: none
Headquarters: Hangzhou, China · Employees: 1,401
Size Hangzhou Honghua Digital Technology Stock (688789.SS) is a China Industrials company (Industrial Machinery) with a market value of $1.27B, the 1881st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥46.98 on 6 Nov 2026.
Performance Over six months the shares fell 21.9%, against -24.2% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 19 in its peer set.
Growth Revenue fell 7.0% over the last twelve months (peer median +7.3%); the operating margin is 17.7% (peer median 5.2%).
Valuation It trades at 18.2× forward earnings against a peer median of 14.8× (7th most expensive of 14).
Capital Return on invested capital runs 0.6 points above its cost of capital (8.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.00B | CN¥2.29B | CN¥1.78B | CN¥1.25B | CN¥890M |
| Revenue growth | — | +29% | +43% | +40% | — |
| Gross profit | CN¥809M | CN¥949M | CN¥766M | CN¥549M | CN¥404M |
| EBITDA | n/a | CN¥616M | CN¥477M | CN¥348M | CN¥256M |
| Net income | CN¥310M | CN¥528M | CN¥414M | CN¥325M | CN¥243M |
| Free cash flow | -CN¥170M | -CN¥79.6M | -CN¥42.6M | -CN¥245M | CN¥28.5M |
| Capital expenditure | CN¥243M | CN¥368M | CN¥214M | CN¥403M | CN¥151M |
| Total debt | CN¥1.16B | CN¥843M | CN¥558M | CN¥212M | CN¥101M |
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 | 688789.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.3% | -24.1% | 6th highest of 20 |
| 6-month return | -21.9% | -24.2% | 9th highest of 19 |
| Distance from 52-week high | -47.8% | -59.1% | 9th highest of 20 |
| Revenue growth (TTM) | -7.0% | +7.3% | 4th lowest of 21 |
| Operating margin | 17.7% | 5.2% | 4th highest of 21 |
| Forward P/E | 18.2× | 14.8× | 7th most expensive of 14 |
| ROIC minus cost of capital | +0.6 pp | -3.8 pp | 7th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hangzhou Honghua Digital Technology Stock 688789.SS | China | $1.27B | -22% | -7% | 18% | 18.2× | n/a | n/a |
| SanFeng Intelligent Equipment 300276.SZ | China | $1.27B | -8% | +6% | -10% | n/a | 18.5% | +8.7% |
| Aux Electric 2580.HK | Hong Kong | $1.26B | -37% | +1% | 8% | 4.5× | n/a | n/a |
| Shenzhen Creality 3D Technology 3388.HK | Hong Kong | $1.28B | n/a | +468% | 1% | n/a | n/a | n/a |
| Durr DUE.DE | Germany | $1.25B | -24% | +2% | 4% | 9.1× | -3.3% | +4.6% |
| Aotecar New Energy Technology 002239.SZ | China | $1.25B | -17% | -7% | 3% | n/a | 11.9% | +17.1% |
| Yizumi 300415.SZ | China | $1.29B | -25% | +13% | 11% | 11.9× | 9.6% | +17.4% |
| HUYNDAI MOVEX 319400.KS | South Korea | $1.24B | -51% | +2% | 3% | n/a | n/a | n/a |
| Wafer Works 6182.TWO | Taiwan | $1.30B | +42% | +9% | 4% | 36.0× | n/a | n/a |
| Sprint Precision Technologies 688605.SS | China | $1.31B | -3% | +16% | 10% | 61.2× | n/a | n/a |
| Seikoh Giken 6834.T | Japan | $1.23B | +17% | +55% | 28% | 18.9× | 24.6% | +15.2% |
| Ableprint Technology 7734.TWO | Taiwan | $1.31B | -58% | +48% | 50% | 20.7× | 18.8% | +10.1% |
| Hefei Metalforming Intelligent Manufacturing 603011.SS | China | $1.22B | -18% | -15% | -11% | 307.4× | n/a | n/a |
| GKG Precision Machine 301338.SZ | China | $1.32B | -57% | +38% | 17% | 24.8× | n/a | n/a |
| Tennant TNC | United States | $1.22B | -18% | 0% | 4% | 13.8× | n/a | n/a |
| Bonfiglioli Transmissions BONFIG.NS | India | $1.33B | n/a | +9% | 16% | n/a | n/a | n/a |
| Shuangliang Eco-Energy Systems 600481.SS | China | $1.21B | -36% | -29% | -29% | n/a | n/a | n/a |
| Eugene Technology 084370.KS | South Korea | $1.21B | -43% | +2% | 15% | 12.3× | 16.3% | +11.6% |
| Union Tool 6278.T | Japan | $1.20B | -41% | +40% | 25% | 14.8× | 22.0% | +12.0% |
| PowerTECH 301369.SZ | China | $1.34B | -26% | +56% | 3% | n/a | n/a | n/a |
| Ariston ARIS.MI | Italy | $1.20B | -17% | +5% | 6% | 8.8× | 0.1% | +10.5% |