Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002364.SZ
SELLREMOVEHangzhou Zhongheng Electric Co., Ltd · Industrials · China · $4.7B · Avg Vol: $432M/d
Hangzhou Zhongheng Electric manufactures power supply systems. It operates in a highly commoditized, low-margin domestic market with intense competition, failing our criteria for high ROIC and pricing power.
COMPANY DESCRIPTION
Hangzhou Zhongheng Electric Co., Ltd. designs and manufactures high-frequency switching power supply systems, high-voltage direct current (HVDC) systems for data centers, and electric vehicle charging piles. The company's competitive moat is established through its advanced power electronics technology and long-term supply relationships with major telecom operators and internet giants like Alibaba and Tencent. It is a key player in China's digital infrastructure and green energy charging sectors.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | 269M | 238M | 230M | 290M | — | 2.6% |
| EPS | — | -0.01 | 0.01 | 0.03 | 0.03 | 77.3% |
| Shares | 564M | 564M | 564M | 564M | — | 0.0% |
| Debt | 28M | 25M | 20M | 1M | — | -62.3% |
| Equity | 345M | 330M | 341M | 359M | — | 1.4% |
| Op CF | — | 2M | 23M | 35M | 69M | 243.5% |
| Inv CF | — | 11M | -6M | -17M | -18M | — |
| Fin CF | — | -45M | -1M | -6M | -21M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 002364.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002364.SZ | Hangzhou Zhongheng Electric Co., Ltd(you) | $4.7B | 32 | SELL |
| 002130.SZ | ShenZhen Woer Heat-Shrinkable Material Co.,Ltd. | $4.5B | 33 | SELL |
| 002491.SZ | Tongding Interconnection Information Co., Ltd. | $4.4B | 33 | SELL |
| 603618.SS | Hangzhou Cable Co., Ltd. | $4.4B | 29 | SELL |
| 300073.SZ | Beijing Easpring Material Technology CO.,LTD. | $4.5B | 35 | HOLD |
| 301018.SZ | Guangdong Shenling Environmental Systems Co., Ltd. | $5.7B | 29 | SELL |
| 301626.SZ | Suzhou Tianmai Thermal Technology Co., Ltd. | $5.7B | 35 | SELL |
| 300438.SZ | Guangzhou Great Power Energy and Technology Co., Ltd | $5.7B | 29 | SELL |
| 300763.SZ | Ginlong Technologies Co., Ltd. | $6.7B | 32 | SELL |
| 688778.SS | XTC New Energy Materials(Xiamen) Co.,Ltd. | $4.7B | 23 | SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%