Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688017.SS
HOLDFLAGLeader Harmonious Drive Systems Co., Ltd. · Industrials · China · $8.3B · Avg Vol: $850M/d
Leader Harmonious Drive is a dominant Chinese manufacturer of harmonic reducers, the high-precision gears critical for industrial robotics. It represents a pure-play 'picks and shovels' asset for global industrial automation and nearshoring. However, its extremely high valuation (V: 2) leaves zero margin of safety, preventing an outright APPROVE.
COMPANY DESCRIPTION
Leader Harmonious Drive Systems Co., Ltd. designs and manufactures high-precision harmonic reducers, rotary actuators, and precision gearboxes. The company is the dominant domestic supplier of harmonic reducers in China, breaking the historical monopoly of Japanese manufacturers in the industrial robotics supply chain. Its competitive moat lies in its proprietary gear tooth profiles, advanced materials science, and significant cost advantages that enable rapid adoption by global robot OEMs.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 66M | 53M | 57M | 84M | 8.6% |
| EPS | 0.14 | 0.07 | 0.05 | 0.10 | -9.1% |
| Shares | 169M | 169M | 169M | 183M | +8.7% |
| Debt | 46M | 97M | 22M | 42,336 | -90.3% |
| Equity | 286M | 297M | 506M | 523M | 22.2% |
| Op CF | 4M | 22M | 4M | 22M | 79.8% |
| Inv CF | -23M | -28M | -46M | -113M | — |
| Fin CF | 32M | 48M | 124M | -25M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688017.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688017.SS | Leader Harmonious Drive Systems Co., Ltd.(you) | $8.3B | 39 | HOLD |
| 2727.HK | Shanghai Electric Group Co., Ltd. | $8.3B | 41 | HOLD |
| 688433.SS | Farsoon Technologies Co., Ltd. | $5.7B | 41 | HOLD |
| 0470.HK | WUXI LEAD | $11.3B | 44 | HOLD |
| 688627.SS | Shenzhen SEICHI Technologies Co., Ltd. | $5.1B | 41 | HOLD |
| 3200.HK | HANS CNC | $11.2B | 32 | SELL |
| 688411.SS | Beijing HyperStrong Technology Co., Ltd. | $7.4B | 53 | HOLD |
| 688097.SS | Bozhon Precision Industry Technology Co.,Ltd. | $4.0B | 38 | HOLD |
| 002202.SZ | Goldwind Science&Technology Co., Ltd. | $14.6B | 45 | HOLD |
| 002046.SZ | Sinomach Precision Industry Group Co., Ltd. | $4.2B | 35 | HOLD |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%