Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600478.SS
STRONG SELLREMOVEHunan Corun New Energy Co., Ltd. · Industrials · China · $1.5B · Avg Vol: $35M/d
Hunan Corun New Energy is a battery materials manufacturer. It faces severe technological obsolescence risks as the market shifts rapidly to lithium-ion and solid-state alternatives, failing our durable moat requirement.
COMPANY DESCRIPTION
Hunan Corun New Energy is a specialized manufacturer of nickel-metal hydride (NiMH) batteries, lithium-ion battery materials, and hybrid powertrain systems. The company is a key supplier to Toyota's hybrid vehicle supply chain in China, leveraging its advanced battery material technologies. Its vertically integrated industrial chain, from nickel raw materials to hybrid power systems, establishes a strong position in the green transport sector.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 560M | 548M | 582M | 849M | 14.9% |
| EPS | 0.02 | -0.01 | 0.01 | 0.01 | -10.1% |
| Shares | 1.7B | 1.7B | 1.7B | 1.7B | +0.6% |
| Debt | 326M | 484M | 493M | 674M | 27.4% |
| Equity | 410M | 401M | 406M | 428M | 1.4% |
| Op CF | 30M | 51M | 76M | 81M | 38.6% |
| Inv CF | -130M | -99M | -34M | -70M | — |
| Fin CF | 107M | 117M | -28M | 74M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600478.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600478.SS | Hunan Corun New Energy Co., Ltd.(you) | $1.5B | 6 | STRONG SELL |
| 300376.SZ | East Group Co.,Ltd | $1.8B | 6 | STRONG SELL |
| 002882.SZ | Jinlongyu Group Co., Ltd. | $1.4B | 1 | STRONG SELL |
| 002471.SZ | Jiangsu Zhongchao Holding Co., Ltd. | $1.4B | 11 | STRONG SELL |
| 300035.SZ | Hunan Zhongke Electric Co., Ltd. | $1.7B | 11 | STRONG SELL |
| 301487.SZ | Tianjin Guoan Mengguli New Materials Science & Technology Co., Ltd. | $1.7B | 11 | STRONG SELL |
| 300048.SZ | Hiconics Eco-energy Technology Co., Ltd. | $977M | 6 | STRONG SELL |
| 002121.SZ | Shenzhen Clou Electronics Co., Ltd. | $2.0B | 5 | STRONG SELL |
| 301622.SZ | Baotou INST Magnetic New Materials Co., Ltd. | $965M | 7 | STRONG SELL |
| 002892.SZ | Keli Motor Group Co., Ltd. | $1.2B | 1 | STRONG SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%