601106.SS
Strong SellSinkerChina First Heavy Industries · Industrials · China · $3.1B · Avg Vol: $23M/d
Sinker: Weak, expensive and falling. Nothing here to keep it afloat.
ABOUT CHINA FIRST HEAVY INDUSTRIES
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China First Heavy Industries designs and manufactures heavy machinery and equipment for the metallurgy, petrochemical, nuclear power, and defense industries. As a vital state-owned enterprise, it holds a near-monopoly in the production of large-scale castings, forgings, and nuclear reactor pressure vessels in China. The company's competitive moat is established through its massive industrial scale, proprietary heavy engineering technologies, and strategic national importance.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 23.9B | 17.2B | 16.6B | 9.8B | -25.6% | 9.4B |
| EPS (CNY) | 0.02 | -0.39 | -0.54 | -0.05 | — | -0.03 |
| Shares | 6.9B | 6.9B | 6.9B | 6.9B | 0.0% | 6.9B |
| Debt | 17.4B | 19.6B | 21.1B | 21.3B | 6.9% | 20.5B |
| Equity | 11.7B | 9.0B | 5.4B | 5.2B | -23.9% | — |
| Op CF | -1.3B | 143.4M | 473.2M | 1.6B | 230.0% | 1.5B |
| Inv CF | -198.8M | -901.1M | -545.2M | 273.0M | — | — |
| Fin CF | 1.1B | 1.3B | 914.7M | 947.6M | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 601106.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 601106.SS | China First Heavy Industries(you) | $3.1B | 7 | Strong Sell |
| 688596.SS | Shanghai GenTech Co., Ltd. | $3.2B | 8 | Strong Sell |
| 300024.SZ | Siasun Robot&Automation Co.,Ltd. | $3.4B | 8 | Strong Sell |
| 300277.SZ | Hangzhou Turbine Power Group Co., Ltd. | $2.7B | 7 | Strong Sell |
| 601615.SS | Ming Yang Smart Energy Group Limited | $3.6B | 9 | Strong Sell |
| 300260.SZ | Kunshan Kinglai Hygienic Materials Co.,Ltd. | $3.6B | 10 | Strong Sell |
| 301392.SZ | Guangdong Huicheng Vacuum Technology Co., Ltd. | $2.6B | 10 | Strong Sell |
| 688333.SS | Xi'an Bright Laser Technologies Co.,Ltd. | $4.2B | 11 | Strong Sell |
| 002366.SZ | RongFa Nuclear Equipment Co., Ltd. | $1.9B | 6 | Strong Sell |
| 601608.SS | CITIC Heavy Industries Co., Ltd. | $3.3B | 17 | Strong Sell |
Peer medians: ROE 5.7% · P/E 30.4x · Gross margin 22.2%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.