Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688611.SS
STRONG SELLFLAGHangzhou Kelin Electric Co., Ltd. · Industrials · China · $1.8B · Avg Vol: $30M/d
Kelin Electric manufactures power grid equipment, positioning it as a second-order beneficiary of the Commodity Supercycle Inflection (grid modernization for electrification). However, the Chinese domestic market dynamics and low quality score (Q: 30) warrant caution.
COMPANY DESCRIPTION
Hangzhou Kelin Electric Co., Ltd. develops and manufactures smart grid equipment, power distribution automation systems, and environmental monitoring instruments. The company is a key supplier to the State Grid Corporation of China, supporting the modernization and digitalization of the national power grid. Its competitive moat is reinforced by strict utility-grade certifications, proprietary power electronics designs, and high entry barriers for grid-connected equipment.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 28M | 30M | 80M | 31M | 2.8% |
| EPS | 0.06 | 0.05 | 0.07 | -0.00 | 13.5% |
| Shares | 153M | 153M | 153M | 153M | 0.0% |
| Debt | 284,816 | 4M | 5M | 13M | 260.4% |
| Equity | 120M | 125M | 132M | 128M | 2.0% |
| Op CF | 3M | 11M | 16M | 12M | 58.5% |
| Inv CF | 25M | -20M | -19M | -18M | — |
| Fin CF | -12M | 525,728 | 165,217 | 3M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 688611.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688611.SS | Hangzhou Kelin Electric Co., Ltd.(you) | $1.8B | 16 | STRONG SELL |
| 002309.SZ | Jiangsu Zhongli Group Co.,Ltd | $1.6B | 14 | STRONG SELL |
| 002276.SZ | Zhejiang Wanma Co., Ltd. | $1.8B | 21 | SELL |
| 2692.HK | ZHAOWEI | $2.2B | 14 | STRONG SELL |
| 603072.SS | Baotou Tianhe Magnetics Technology Co., Ltd. | $1.4B | 15 | STRONG SELL |
| 688063.SS | Pylon Technologies Co., Ltd. | $2.4B | 15 | STRONG SELL |
| 301487.SZ | Tianjin Guoan Mengguli New Materials Science & Technology Co., Ltd. | $1.7B | 11 | STRONG SELL |
| 688275.SS | Hubei Wanrun New Energy Technology Co.,Ltd. | $2.5B | 16 | STRONG SELL |
| 300035.SZ | Hunan Zhongke Electric Co., Ltd. | $1.7B | 11 | STRONG SELL |
| 001208.SZ | Hunan Valin Wire & Cable Co.,Ltd. | $1.5B | 19 | STRONG SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%