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600487.SS

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Hengtong Optic-Electric Co., Ltd. · Technology · China · $28.1B · Avg Vol: $2.7B/d

57
StockRank
Q
43
V
26
M
78
P/E (TTM)
74.7x
ROE
10.2%
D/E
0.5x
Dividend %
0.3%
AI CONVICTION THESIS

Hengtong Optic-Electric is a global leader in power and fiber optic cables, perfectly positioned at the intersection of global grid modernization and AI data center buildouts. As grid operators scramble to connect renewable energy and upgrade transmission capacity, demand for copper-heavy high-voltage submarine and land cables is exploding. Hengtong's vertical integration and scale provide a structural cost advantage, allowing it to capture high-margin global projects while sharing scale economics with customers.

COMPANY DESCRIPTION

Hengtong Optic-Electric is a global leader in optical fiber, cable manufacturing, and marine telecommunication networks. The company possesses a fully integrated value chain from optical preforms to subsea cable installation, positioning it as a key contractor for global telecommunications and offshore wind power grids. Its advanced technology in ultra-high voltage cables and deep-sea communication networks forms a high-barrier competitive moat.

FINANCIAL SUMMARY

Year2022202320242025CAGR
Revenue6.9B7.0B8.9B9.9B12.9%
EPS0.100.130.170.1618.0%
Shares2.5B2.5B2.5B2.5B0.0%
Debt1.9B2.5B2.2B2.2B5.4%
Equity3.5B3.8B4.2B4.7B10.3%
Op CF126M275M482M415M48.7%
Inv CF-409M-307M-245M-370M
Fin CF264M342M-157M-131M
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PRICE (1M)+51.1%
9.7111.1712.6414.1015.56Apr 30May 26Jun 15
SMA 50SMA 200
Close
$14.67
RSI (14)
75.3
52W High
$16.26
From 52W High
0.9%

SCORE BREAKDOWN

Quality
43
ROIC
8.9%57.3
ROE
10.2%60.5
GP/Assets
13.0%30.9
Op. Margin
8.8%58.1
FCF/Assets
-4.5%24.0
Piotroski
44.6
Int. Cover
9.2x50.1
D/E Ratio
0.51x29.5
Current Ratio
1.60x35.4
Value
26
P/E (TTM)
74.7x26.2
EV/EBITDA
42.5x21.9
P/FCF
N/A
P/B
7.5x20.5
P/S
3.4x48.2
Div Yield
0.3%19.8
Momentum
78
52W High %
90%82.0
RS 6M
396%98.8
SMA 50/200
1.87x97.2
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+20%21.1
Q Growth
99%77.8

FUNDAMENTALS

Market Cap
$28.1B
P/E (Forward)
62.5x
Gross Margin
13.1%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 600487.SS are excluded.

TickerCompanyMkt CapStockRankSignal
600487.SSHengtong Optic-Electric Co., Ltd.(you)$28.1B57HOLD
6869.HKYangtze Optical Fibre And Cable Joint Stock Limited Company$41.3B60HOLD
002281.SZAccelink Technologies Co,Ltd.$24.3B72BUY
301165.SZRuijie Networks Co., Ltd.$10.6B59HOLD
688702.SSSuzhou Centec Communications Co., Ltd.$17.1B45HOLD
0763.HKZTE Corporation$16.3B41HOLD
300620.SZAdvanced Fiber Resources (Zhuhai), Ltd.$10.3B46HOLD
600498.SSFiberhome Telecommunication Technologies Co., Ltd.$10.4B36HOLD
300394.SZSuzhou TFC Optical Communication Co., Ltd.$52.4B86STRONG BUY
603083.SSCIG Shanghai Co., Ltd.$10.8B34SELL

Peer medians: ROE 3.8% · P/E 77.4x · Gross margin 25.9%

Hengtong Optic-Electric Co., Ltd. (600487.SS) — Stock Score Summary

Hengtong Optic-Electric Co., Ltd. (600487.SS) has a MoatMap StockRank of 57/100 based on Quality (43/100), Value (26/100), and Momentum (78/100) factor scores. The current signal is HOLD. Hengtong Optic-Electric is a global leader in power and fiber optic cables, perfectly positioned at the intersection of global grid modernization and AI data center buildouts. As grid operators scramble to connect renewable energy and upgrade transmission capacity, demand for copper-heavy high-voltage submarine and land cables is exploding. Hengtong's vertical integration and scale provide a structural cost advantage, allowing it to capture high-margin global projects while sharing scale economics with customers.

Hengtong Optic-Electric is a global leader in optical fiber, cable manufacturing, and marine telecommunication networks. The company possesses a fully integrated value chain from optical preforms to subsea cable installation, positioning it as a key contractor for global telecommunications and offshore wind power grids. Its advanced technology in ultra-high voltage cables and deep-sea communication networks forms a high-barrier competitive moat.

Key Financial Metrics

Price$14.67
Market Cap$28.1B
P/E (TTM)74.70
P/E (Forward)62.48
Price/Book7.49
Return on Equity10.2%
Return on Invested Capital8.9%
Debt/Equity50.81
Gross Margin13.1%
Operating Margin8.8%
Revenue Growth34.1%
Dividend Yield0.3%
Free Cash Flow$-71M

Hengtong Optic-Electric Co., Ltd. operates in the Communication Equipment industry, part of the Technology sector (China).

Frequently Asked Questions

What is Hengtong Optic-Electric Co., Ltd.’s (600487.SS) StockRank?
MoatMap’s StockRank for Hengtong Optic-Electric Co., Ltd. (600487.SS) is 57/100, with a Hold signal. It is a composite of Quality (43), Value (26), and Momentum (78) factor ranks across MoatMap’s 19,000+ stock universe.
Does Hengtong Optic-Electric Co., Ltd. have an economic moat?
Hengtong Optic-Electric Co., Ltd. (600487.SS) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Hengtong Optic-Electric Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for Hengtong Optic-Electric Co., Ltd. (600487.SS) is Hold, based on a StockRank of 57/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Hengtong Optic-Electric Co., Ltd. in?
Hengtong Optic-Electric Co., Ltd. (600487.SS) operates in the Technology sector, specifically the Communication Equipment industry (China).