Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
300217.SZ
SELLREMOVEZhenjiang Dongfang Electric Heating Technology Co.,Ltd · Industrials · China · $1.1B · Avg Vol: $34M/d
Zhenjiang Dongfang manufactures electric heating elements. This is a low-moat, highly commoditized industrial business that fails our quality and pricing power requirements.
COMPANY DESCRIPTION
Zhenjiang Dongfang Electric Heating Technology Co., Ltd. designs and manufactures electric heating elements and systems for household appliances and industrial applications. The company is a leading supplier of specialized electric heaters used in polysilicon production for the solar PV industry and EV cabin heating. Its competitive moat is sustained by its advanced thermal engineering capabilities, cost leadership in mass production, and strong positioning in the renewable energy supply chain.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 564M | 607M | 548M | 485M | -5.0% |
| EPS | — | 0.03 | 0.06 | 0.03 | 0.02 | -19.4% |
| Shares | — | 1.5B | 1.5B | 1.5B | 1.5B | -0.7% |
| Debt | 12M | 34M | 34M | 9M | 16M | 7.8% |
| Equity | — | 487M | 577M | 609M | 623M | 8.6% |
| Op CF | — | 103M | 9M | 40M | 33M | -31.3% |
| Inv CF | — | 9M | 20M | -139M | -26M | — |
| Fin CF | — | 16M | -949,799 | -35M | 2M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 300217.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 300217.SZ | Zhenjiang Dongfang Electric Heating Technology Co.,Ltd(you) | $1.1B | 25 | SELL |
| 601177.SS | Hangzhou Advance Gearbox Group Co., Ltd. | $1.1B | 20 | STRONG SELL |
| 002164.SZ | Ningbo Donly Co.,Ltd | $990M | 21 | SELL |
| 603861.SS | Guangzhou Baiyun Electric Equipment Co., Ltd. | $1.4B | 22 | SELL |
| 002559.SZ | Jiangsu Yawei Machine Tool Co., Ltd. | $795M | 26 | SELL |
| 300569.SZ | Qingdao Tianneng Heavy Industries Co.,Ltd | $810M | 23 | SELL |
| 603666.SS | Yijiahe Technology Co., Ltd. | $901M | 21 | SELL |
| 603960.SS | Shanghai Kelai Mechatronics Engineering Co.,Ltd. | $800M | 23 | SELL |
| 605133.SS | Jiangsu Rongtai Industry Co., Ltd. | $1.5B | 23 | SELL |
| 603583.SS | Zhejiang Jiecang Linear Motion Technology Co.,Ltd. | $1.4B | 21 | SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%