Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
300048.SZ
STRONG SELLREMOVEHiconics Eco-energy Technology Co., Ltd. · Industrials · China · $977M · Avg Vol: $14M/d
Hiconics Eco-energy Technology is a Chinese industrial automation and inverter manufacturer. Despite some exposure to clean energy, it fails our quality filters due to low capital efficiency and weak pricing power in a crowded domestic market.
COMPANY DESCRIPTION
Hiconics Eco-energy Technology Co., Ltd. designs and manufactures high, medium, and low-voltage variable frequency drives (VFDs) and industrial automation systems. As a subsidiary of Midea Group, the company leverages extensive industrial synergies and a robust global distribution network. Its energy-saving motor control technologies hold a leading position in China's heavy industrial energy conservation market.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 210M | 220M | 706M | 1.1B | 73.6% |
| EPS | 0.00 | -0.03 | 0.00 | 0.01 | 44.2% |
| Shares | 1.1B | 1.1B | 1.1B | 1.1B | +1.8% |
| Debt | 9M | 7M | 7M | 11M | 7.6% |
| Equity | 276M | 248M | 252M | 269M | -0.8% |
| Op CF | 25M | 18M | 45M | 37M | 13.9% |
| Inv CF | -195,189 | -5M | 260,421 | -15M | — |
| Fin CF | -2M | 3M | 3M | 7M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 300048.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 300048.SZ | Hiconics Eco-energy Technology Co., Ltd.(you) | $977M | 6 | STRONG SELL |
| 301622.SZ | Baotou INST Magnetic New Materials Co., Ltd. | $965M | 7 | STRONG SELL |
| 301525.SZ | Shanghai Ruking Technologies Co., Ltd. | $1.0B | 10 | STRONG SELL |
| 300991.SZ | Shenzhen Chuangyitong Technology Co.,Ltd. | $839M | 4 | STRONG SELL |
| 300351.SZ | Zhejiang Yonggui Electric Equipment Co., Ltd. | $1.0B | 10 | STRONG SELL |
| 002298.SZ | Anhui ZhongDianXinLong Science and Technology Co., Ltd. | $1.0B | 11 | STRONG SELL |
| 300916.SZ | Shenzhen Longtech Smart Control Co., Ltd. | $742M | 7 | STRONG SELL |
| 603191.SS | Chongqing Wangbian Electric (Group) Corp., Ltd. | $1.1B | 11 | STRONG SELL |
| 300120.SZ | Tianjin Jingwei Huikai Optoelectronic Co., Ltd. | $705M | 7 | STRONG SELL |
| 600478.SS | Hunan Corun New Energy Co., Ltd. | $1.5B | 6 | STRONG SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%