Zhejiang HangKe Technology Incorporated Co
SSE:688006
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (32.7), the stock would be worth ¥19.95 (37% downside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 52.3 | ¥31.9 |
0%
|
| 3-Year Average | 32.7 | ¥19.95 |
-37%
|
| 5-Year Average | 49.4 | ¥30.18 |
-5%
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| Industry Average | 56 | ¥34.16 |
+7%
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| Country Average | 29.6 | ¥18.08 |
-43%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
¥19.1B
|
/ |
Jan 2026
¥368.4m
|
= |
|
|
¥19.1B
|
/ |
Dec 2026
¥707.3m
|
= |
|
|
¥19.1B
|
/ |
Dec 2027
¥967.4m
|
= |
|
Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| CN |
Z
|
Zhejiang HangKe Technology Incorporated Co
SSE:688006
|
19.3B CNY | 52.3 | |
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
2T CNY | 25.8 | |
| CH |
|
Abb Ltd
SIX:ABBN
|
142.4B CHF | 36.6 | |
| FR |
|
Schneider Electric SE
PAR:SU
|
151B EUR | 36.3 | |
| IE |
|
Eaton Corporation PLC
NYSE:ETN
|
168B USD | 40.5 | |
| US |
|
Vertiv Holdings Co
NYSE:VRT
|
126.1B USD | 81.2 | |
| US |
|
Emerson Electric Co
NYSE:EMR
|
78.9B USD | 33.6 | |
| KR |
|
LG Energy Solution Ltd
KRX:373220
|
107.8T KRW | -100.4 | |
| JP |
|
Fujikura Ltd
TSE:5803
|
9.6T JPY | 66.8 | |
| US |
|
AMETEK Inc
NYSE:AME
|
53.9B USD | 35.7 | |
| FR |
|
Legrand SA
PAR:LR
|
39.7B EUR | 31.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 17.1 |
| Median | 29.6 |
| 70th Percentile | 57.7 |
| Max | 43 569.3 |
Other Multiples
Zhejiang HangKe Technology Incorporated Co
Glance View
Zhejiang HangKe Technology Incorporated Co., a prominent player in the battery equipment industry, is intricately woven into the burgeoning tapestry of green energy. Established with a keen focus on catering to the demands of the rapidly evolving energy storage sector, HangKe has carved out a niche in producing specialized equipment essential for the manufacturing and testing of lithium-ion batteries. As the globe races toward a future powered by renewables, the company has positioned itself strategically at the juncture where technological innovation meets environmental necessity. HangKe's robust suite of products includes formation and grading machines, which are vital in the battery production process, ensuring that each power cell meets stringent quality standards before finding its place in electric vehicles and energy storage solutions. Financially, the company capitalizes on the growing demand for high-performance batteries, driving its revenue through the sale of this specialized machinery to battery producers across the world. As industries worldwide pivot towards sustainable energy solutions, the need for reliable battery manufacturing technologies has surged, and HangKe stands ready to supply, backed by its reputation for quality and precision. With a finger firmly on the pulse of global market trends, including the shift towards electric mobility and smart energy grids, Zhejiang HangKe not only generates profits through its sales but also reinvests in research and development, ensuring that its technology remains at the forefront of innovation. Through these efforts, HangKe Technology not only secures its economic future but also plays a crucial role in enabling the transition to a cleaner, more sustainable energy landscape.