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CITIC Heavy Industries Co Ltd
SSE:601608

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CITIC Heavy Industries Co Ltd
SSE:601608
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Price: 6.01 CNY -0.33% Market Closed
Market Cap: ¥27.5B

P/S

3.4
Current
67%
More Expensive
vs 3-y average of 2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.4
=
Market Cap
¥32.5B
/
Revenue
¥8.1B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.4
=
Market Cap
¥32.5B
/
Revenue
¥8.1B

Valuation Scenarios

CITIC Heavy Industries Co Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (2), the stock would be worth ¥3.59 (40% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-40%
Maximum Upside
+7%
Average Downside
22%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.4 ¥6.01
0%
3-Year Average 2 ¥3.59
-40%
5-Year Average 2.2 ¥3.82
-36%
Industry Average 3.6 ¥6.42
+7%
Country Average 2.8 ¥4.89
-19%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥32.5B
/
Jan 2026
¥8.1B
=
3.4
Current
¥32.5B
/
Dec 2026
¥9.8B
=
3.3
Forward
¥32.5B
/
Dec 2027
¥10.6B
=
3.1
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
CITIC Heavy Industries Co Ltd
SSE:601608
27.5B CNY 3.4 73.3
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1.4 29.8
US
Parker-Hannifin Corp
NYSE:PH
119.6B USD 5.8 33.8
JP
Freund Corp
TSE:6312
16.9T JPY 607.7 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.1T JPY 3.4 57.4
SE
Atlas Copco AB
STO:ATCO A
839.4B SEK 5 31.8
US
Illinois Tool Works Inc
NYSE:ITW
76.7B USD 4.8 24.9
US
Barnes Group Inc
NYSE:B
64.4B USD 3.8 12.8
SE
Sandvik AB
STO:SAND
477B SEK 3.9 32.2

Market Distribution

In line with most companies in China
Percentile
56th
Based on 7 736 companies
56th percentile
3.4
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

CITIC Heavy Industries Co Ltd
Glance View

Market Cap
27.5B CNY
Industry
Machinery

CITIC Heavy Industries Co., Ltd. is a formidable player in the industrial sector, hailing from the expansive realm of Henan, China. Formed under the auspices of the diversified conglomerate CITIC Group, the company has carved a niche for itself with its adeptness in manufacturing heavy machinery. CITIC Heavy Industries is not just another behemoth in the industrial landscape but a flagship that promotes innovation and engineering excellence. Its core competencies lie in producing robust and advanced equipment that caters to industries such as mining, cement, and metallurgical sectors, alongside forging ahead in new frontiers like robotics and environmental protection technology. The company generates its revenue by providing a comprehensive suite of products and services, which includes not only the manufacturing of heavy machinery but also offering bespoke engineering solutions. The key to its profitability lies in its ability to tailor equipment, such as grinding mills, crushers, and kilns, to the specific needs of clients across the globe. With an eye for the future, CITIC Heavy Industries also delves into the research and development of new technologies, ensuring a stream of innovations that keep pace with industry demands. Through strategic collaborations and an expansive global footprint, it extends its reach beyond China, making substantial impacts in international markets. This strategy of blending traditional industrial strength with modern technological advancements places CITIC at the zenith of industry leaders.

Intrinsic Value
3.77 CNY
Overvaluation 37%
Intrinsic Value
Price ¥6.01
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