002967.SZ
Fallen FavouriteGRG Metrology & Test Group Co., Ltd. · Industrials · China · $1.6B cap · $14.9M/day traded
CNY 17.31 -2.3% · close 12 Nov · scored 13 Nov
Fallen Favourite: A good business, still expensive, and its momentum is weak.
As of 13 Nov 2026, the MoatMap Score for GRG Metrology & Test Group Co., Ltd. (002967.SZ) is 54/100, ranked against 25,000+ stocks in 38 markets (Quality 68, Value 40, Momentum 41, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT GRG METROLOGY & TEST GROUP CO., LTD.
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GRG Metrology & Test Group Co., Ltd. provides third-party testing, calibration, and technical consulting services across various industries. The company is one of China's leading multi-disciplinary testing institutions, holding extensive national laboratory accreditations. It is a highly trusted, independent testing provider serving aerospace, automotive, and telecommunications sectors.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.6B | 2.9B | 3.2B | 3.6B | 11.4% | 3.9B | 4.1B | 4.5B | 11.9% |
| EPS (CNY) | 0.32 | 0.35 | 0.61 | 0.76 | 33.4% | 0.80 | 0.86 | 0.98 | 13.6% |
| Shares | 575.2M | 575.2M | 583.2M | 583.1M | +1.4% | 639.6M | — | — | — |
| Debt | 1.1B | 1.5B | 1.8B | 1.6B | 14.7% | 2.5B | — | — | — |
| Equity | 3.5B | 3.6B | 3.3B | 3.6B | 1.1% | — | — | — | — |
| Op CF | 548.6M | 647.4M | 855.4M | 951.8M | 20.2% | 995.6M | — | — | — |
| Inv CF | -673.4M | -644.0M | -1.1B | -282.3M | — | — | — | — | — |
| Fin CF | -166.7M | 177.6M | -151.7M | -599.5M | — | — | — | — | — |
No new 52-week low for 4 weeks, 11% above that low, but not back above a rising 50-day average.
Calmer than 64% of stocks we rank over the past year (volatility 34% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor (this stock): It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 002967.SZ are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 002967.SZ | GRG Metrology & Test Group Co., Ltd.(you) | $1.6B | 54 |
| 603060.SS | China Testing & Certification International Group Co.,Ltd. | $632M | 25 |
| 601330.SS | Dynagreen Environmental Protection Group Co., Ltd. | $1.6B | 56 |
| 601022.SS | Ningbo Ocean Shipping Co., Ltd. | $1.7B | 56 |
| 002724.SZ | Ocean's King Lighting Science & Technology Co., Ltd. | $1.4B | 53 |
| 002164.SZ | Ningbo Donly Co.,Ltd | $1.4B | 55 |
| 600787.SS | CMST Development Co.,Ltd. | $1.5B | 57 |
| 601882.SS | Ningbo Haitian Precision Machinery Co.,Ltd. | $1.7B | 58 |
| 301603.SZ | JirFine Intelligent Equipment Co., Ltd. | $1.8B | 51 |
| 601222.SS | Jiangsu Linyang Energy Co., Ltd. | $1.7B | 50 |
Peer medians: ROE 5.3% · P/E 28.6x · Gross margin 21.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.