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688006.SS

HOLDFLAG

Zhejiang HangKe Technology Incorporated Company · Industrials · China · $3.5B · Avg Vol: $135M/d

50
StockRank
Q
49
V
21
M
70
P/E (TTM)
57.6x
ROE
7.1%
D/E
Dividend %
0.7%
AI CONVICTION THESIS

HangKe is a leading supplier of lithium-ion battery post-processing equipment, benefiting from the global supply chain localization theme as battery gigafactories are built in Europe and North America. However, geopolitical friction and potential exclusion from US/EU supply chains due to domestic protectionism present significant asymmetric downside.

COMPANY DESCRIPTION

Zhejiang HangKe Technology Incorporated Company designs and manufactures lithium-ion battery post-processing systems, including formation, grading, and testing equipment. The company is a global market leader in this niche, serving tier-1 battery manufacturers such as LG Energy Solution, Samsung SDI, and CATL. Its competitive moat is anchored by high technical barriers in precision power electronics and thermal control, which are critical for battery safety and yield rates.

FINANCIAL SUMMARY

Year2022202320242025CAGR
Revenue510M581M441M443M-4.6%
EPS0.130.200.080.09-11.2%
Shares567M604M604M604M+6.4%
Debt867,3542M1M7M105.1%
Equity495M757M763M797M17.2%
Op CF103M32M25M177M19.8%
Inv CF-60M-60M-15M-17M
Fin CF-12M147M-34M-6M
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PRICE (1M)+18.3%
4.614.915.225.525.83May 6May 27Jun 16
SMA 50SMA 200
Close
$5.80
RSI (14)
61.5
52W High
$6.40
From 52W High
0.9%

SCORE BREAKDOWN

Quality
49
ROIC
6.9%43.6
ROE
7.1%43.0
GP/Assets
8.4%22.6
Op. Margin
18.0%84.0
FCF/Assets
6.4%73.8
Piotroski
75.7
Int. Cover
50.0x90.2
D/E Ratio
N/A
Current Ratio
1.66x48.2
Value
21
P/E (TTM)
57.6x16.1
EV/EBITDA
36.7x12.5
P/FCF
234.3x35.8
P/B
4.0x25.2
P/S
6.9x11.2
Div Yield
0.7%22.6
Momentum
70
52W High %
91%77.5
RS 6M
34%85.9
SMA 50/200
1.06x59.0
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+88%65.8
Q Growth
11%52.1

FUNDAMENTALS

Market Cap
$3.5B
P/E (Forward)
30.6x
Gross Margin
29.0%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688006.SS are excluded.

TickerCompanyMkt CapStockRankSignal
688006.SSZhejiang HangKe Technology Incorporated Company(you)$3.5B50HOLD
001301.SZShijiazhuang Shangtai Technology Co., Ltd.$3.4B51HOLD
002270.SZHuaming Power Equipment Co.,Ltd$2.9B52HOLD
600577.SSTongling Jingda Special Magnet Wire Co., Ltd.$4.1B46HOLD
002979.SZChina Leadshine Technology Co., Ltd.$2.5B49HOLD
688248.SSChina Southern Power Grid Technology Co.,Ltd$5.1B52HOLD
300913.SZZhejiang Zhaolong Interconnect Technology Co.,Ltd.$3.0B44HOLD
301150.SZHubei Zhongyi Technology Inc.$2.3B48HOLD
603606.SSNingbo Orient Wires & Cables Co.,Ltd.$5.4B53HOLD
300593.SZBeijing Relpow Technology Co., Ltd$2.8B42HOLD

Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%

Zhejiang HangKe Technology Incorporated Company (688006.SS) — Stock Score Summary

Zhejiang HangKe Technology Incorporated Company (688006.SS) has a MoatMap StockRank of 50/100 based on Quality (49/100), Value (21/100), and Momentum (70/100) factor scores. The current signal is HOLD. HangKe is a leading supplier of lithium-ion battery post-processing equipment, benefiting from the global supply chain localization theme as battery gigafactories are built in Europe and North America. However, geopolitical friction and potential exclusion from US/EU supply chains due to domestic protectionism present significant asymmetric downside.

Zhejiang HangKe Technology Incorporated Company designs and manufactures lithium-ion battery post-processing systems, including formation, grading, and testing equipment. The company is a global market leader in this niche, serving tier-1 battery manufacturers such as LG Energy Solution, Samsung SDI, and CATL. Its competitive moat is anchored by high technical barriers in precision power electronics and thermal control, which are critical for battery safety and yield rates.

Key Financial Metrics

Price$5.80
Market Cap$3.5B
P/E (TTM)57.60
P/E (Forward)30.60
Price/Book4.00
Return on Equity7.1%
Return on Invested Capital6.9%
Gross Margin29.0%
Operating Margin18.0%
Revenue Growth24.3%
Dividend Yield0.7%
Free Cash Flow$15M

Zhejiang HangKe Technology Incorporated Company operates in the Electrical Equipment & Parts industry, part of the Industrials sector (China).

Frequently Asked Questions

What is Zhejiang HangKe Technology Incorporated Company’s (688006.SS) StockRank?
MoatMap’s StockRank for Zhejiang HangKe Technology Incorporated Company (688006.SS) is 50/100, with a Hold signal. It is a composite of Quality (49), Value (21), and Momentum (70) factor ranks across MoatMap’s 19,000+ stock universe.
Does Zhejiang HangKe Technology Incorporated Company have an economic moat?
Zhejiang HangKe Technology Incorporated Company (688006.SS) has a Quality factor score of 49/100. 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 Zhejiang HangKe Technology Incorporated Company a buy, hold, or sell?
MoatMap’s current signal for Zhejiang HangKe Technology Incorporated Company (688006.SS) is Hold, based on a StockRank of 50/100. 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 Zhejiang HangKe Technology Incorporated Company in?
Zhejiang HangKe Technology Incorporated Company (688006.SS) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (China).