Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688006.SS
HOLDFLAGZhejiang HangKe Technology Incorporated Company · Industrials · China · $3.5B · Avg Vol: $135M/d
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
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 510M | 581M | 441M | 443M | -4.6% |
| EPS | 0.13 | 0.20 | 0.08 | 0.09 | -11.2% |
| Shares | 567M | 604M | 604M | 604M | +6.4% |
| Debt | 867,354 | 2M | 1M | 7M | 105.1% |
| Equity | 495M | 757M | 763M | 797M | 17.2% |
| Op CF | 103M | 32M | 25M | 177M | 19.8% |
| Inv CF | -60M | -60M | -15M | -17M | — |
| Fin CF | -12M | 147M | -34M | -6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688006.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688006.SS | Zhejiang HangKe Technology Incorporated Company(you) | $3.5B | 50 | HOLD |
| 001301.SZ | Shijiazhuang Shangtai Technology Co., Ltd. | $3.4B | 51 | HOLD |
| 002270.SZ | Huaming Power Equipment Co.,Ltd | $2.9B | 52 | HOLD |
| 600577.SS | Tongling Jingda Special Magnet Wire Co., Ltd. | $4.1B | 46 | HOLD |
| 002979.SZ | China Leadshine Technology Co., Ltd. | $2.5B | 49 | HOLD |
| 688248.SS | China Southern Power Grid Technology Co.,Ltd | $5.1B | 52 | HOLD |
| 300913.SZ | Zhejiang Zhaolong Interconnect Technology Co.,Ltd. | $3.0B | 44 | HOLD |
| 301150.SZ | Hubei Zhongyi Technology Inc. | $2.3B | 48 | HOLD |
| 603606.SS | Ningbo Orient Wires & Cables Co.,Ltd. | $5.4B | 53 | HOLD |
| 300593.SZ | Beijing Relpow Technology Co., Ltd | $2.8B | 42 | HOLD |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%