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Hengong Precision Equipment Co Ltd
SZSE:301261

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Hengong Precision Equipment Co Ltd
SZSE:301261
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Price: 86.78 CNY -1.75% Market Closed
Market Cap: ¥7.6B

P/S

7.1
Current
62%
More Expensive
vs 3-y average of 4.4

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
7.1
=
Market Cap
¥7.7B
/
Revenue
¥1.1B

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
7.1
=
Market Cap
¥7.7B
/
Revenue
¥1.1B

Valuation Scenarios

Hengong Precision Equipment Co Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (4.4), the stock would be worth ¥53.55 (38% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
53%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 7.1 ¥86.78
0%
3-Year Average 4.4 ¥53.55
-38%
5-Year Average 4.4 ¥53.55
-38%
Industry Average 1.9 ¥23.28
-73%
Country Average 2.8 ¥33.96
-61%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥7.7B
/
Oct 2025
¥1.1B
=
7.1
Current
¥7.7B
/
Dec 2025
¥1.2B
=
6.2
Forward
¥7.7B
/
Dec 2026
¥1.5B
=
5.2
Forward
¥7.7B
/
Dec 2027
¥1.7B
=
4.4
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
Hengong Precision Equipment Co Ltd
SZSE:301261
7.6B CNY 7.1 147.5
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.4 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 1.6 25.2
US
Nucor Corp
NYSE:NUE
51.5B USD 1.6 29.7
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.7 13.7
AU
Fortescue Metals Group Ltd
ASX:FMG
60.5B AUD 2.6 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 2.6 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.1B USD 1.7 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.7 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 1.2 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 53.1

Market Distribution

Higher than 78% of companies in China
Percentile
78th
Based on 7 736 companies
78th percentile
7.1
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

Hengong Precision Equipment Co Ltd
Glance View

Market Cap
7.6B CNY
Industry
Metals & Mining

Hengong Precision Equipment Co., Ltd. engages in the research, development, production, and sale of precision machined parts and continuous iron castings. The company is headquartered in Handan, Hebei and currently employs 987 full-time employees. The company went IPO on 2023-07-10. The firm's main businesses include the research and development, production and sales of precision machined parts and continuous iron castings. The firm's main products include air compressor parts, hydraulic equipment parts, transmission equipment parts, ductile iron parts, gray iron parts and others. The firm's products are mainly used in air compressor equipment, engineering machinery, injection molding equipment, transmission equipment and other industries.

Intrinsic Value
45.21 CNY
Overvaluation 48%
Intrinsic Value
Price ¥86.78
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