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Hangzhou Changchuan Technology Co Ltd
SZSE:300604

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Hangzhou Changchuan Technology Co Ltd
SZSE:300604
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Price: 179.31 CNY 2.45% Market Closed
Market Cap: ¥113.8B

EV/S

23.3
Current
127%
More Expensive
vs 3-y average of 10.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
23.3
=
Enterprise Value
¥86.2B
/
Revenue
¥4.9B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
23.3
=
Enterprise Value
¥86.2B
/
Revenue
¥4.9B

Valuation Scenarios

Hangzhou Changchuan Technology Co Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (10.3), the stock would be worth ¥79.1 (56% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-86%
Maximum Upside
No Upside Scenarios
Average Downside
65%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 23.3 ¥179.31
0%
3-Year Average 10.3 ¥79.1
-56%
5-Year Average 10.8 ¥82.82
-54%
Industry Average 8.3 ¥63.46
-65%
Country Average 3.3 ¥25.38
-86%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥86.2B
/
Oct 2025
¥4.9B
=
23.3
Current
¥86.2B
/
Dec 2025
¥5.8B
=
14.7
Forward
¥86.2B
/
Dec 2026
¥8.4B
=
10.3
Forward
¥86.2B
/
Dec 2027
¥10.6B
=
8.2
Forward

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

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
CN
Hangzhou Changchuan Technology Co Ltd
SZSE:300604
113.5B CNY 23.3 117.4
NL
ASML Holding NV
AEX:ASML
459.6B EUR 13.8 45
US
Lam Research Corp
NASDAQ:LRCX
311.1B USD 14.3 46.4
US
Applied Materials Inc
NASDAQ:AMAT
303.6B USD 10.7 38.7
US
KLA Corp
NASDAQ:KLAC
238.2B USD 18.7 52.3
US
Brooks Automation Inc
LSE:0HQ1
210.4B USD 353 -3 636.7
JP
Advantest Corp
TSE:6857
21.6T JPY 20.6 74.9
JP
Tokyo Electron Ltd
TSE:8035
20.7T JPY 8.5 41.1
US
Teradyne Inc
NASDAQ:TER
47.8B USD 14.9 86.2
CN
NAURA Technology Group Co Ltd
SZSE:002371
374.8B CNY 9.3 67.1
JP
Disco Corp
TSE:6146
8.3T JPY 18.3 61.2

Market Distribution

Higher than 95% of companies in China
Percentile
95th
Based on 7 593 companies
95th percentile
23.3
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

Hangzhou Changchuan Technology Co Ltd
Glance View

Market Cap
113.8B CNY
Industry
Semiconductors

Hangzhou Changchuan Technology Co., Ltd. stands as a notable player in the burgeoning world of semiconductor equipment manufacturing. Nestled in the vibrant city of Hangzhou, the company has skillfully navigated the complexities of technological innovation and market demand. Established with a focus on research and development, Changchuan Technology immerses itself in the intricate ecosystem of the semiconductor industry, offering cutting-edge testing and packaging equipment vital for chip production. This specialization not only propels the company into the heart of a rapidly evolving industry but also positions it as an indispensable partner for tech giants constantly pursuing microchip advancements. The company thrives primarily on the sales of its sophisticated equipment, meticulously designed to ensure the precision and reliability of semiconductor devices. By integrating advanced technologies like artificial intelligence and machine learning, Changchuan enhances the efficiency and accuracy of its testing solutions, thereby cementing its reputation for excellence. Moreover, their growth strategy includes substantial investments in R&D, enabling continuous innovation and adaptation to industry trends. As the global demand for semiconductors surges—fueled by the proliferation of smart devices, autonomous vehicles, and IoT applications—Changchuan Technology finds itself uniquely poised to capitalize on these opportunities, turning its technological prowess into a robust revenue stream and a cornerstone of its sustained success.

Intrinsic Value
47.5 CNY
Overvaluation 74%
Intrinsic Value
Price ¥179.31
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