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Companies Industrials 603699.SS
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603699.SS Shanghai Stock Exchange Industrial Machinery & Equipment

603699.Ss

¥60,00
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Mcap
46,5B CNY
P/E
EV / Rev
Div yield
2,74 %
Op margin
24,9 %
ROE
34,5 %
Net margin
20,6 %
Debt / equity
0,37
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

603699.SS is an industrial machinery and equipment manufacturer that generates revenue through the production and sale of industrial goods.

Business. 603699.SS is an industrial machinery and equipment manufacturer that generates revenue through the production and sale of industrial goods.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryIndustrial Machinery & Equipment
ActivityIndustrial Goods
Generated · model-assisted
Sell-side consensus
BUY9 analysts
9 buy0 hold0 sell
Avg 12m price target63,82

Analyst recommendations

9 analysts · consensus Buy
Buy9
Hold0
Sell0
12-month price target
63,82
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
9 analysts · indicative
Ownership
not yet wired
Profitability
34,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 603699.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 603699.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    603699.SS is an industrial machinery and equipment manufacturer that generates revenue through the production and sale of industrial goods.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryIndustrial Machinery & Equipment
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.37, indicating a relatively conservative leverage position. Its liquidity position is assessed as medium, with a current ratio of 1.53, suggesting moderate short-term liquidity coverage. The price-to-book ratio of 10.03 and price-to-tangible-book ratio of 10.03 indicate that the company's market value is significantly higher than its book value.

    In terms of profitability, the company's return on equity of 34.51% and return on assets of 15.23% are strong indicators of efficient capital utilization and asset management. The gross profit margin of 38.53% and operating margin of 24.87% suggest robust cost control and operational efficiency. These metrics are generally in line with industry norms for industrial machinery and equipment manufacturers.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification may expose the company to higher operational and market risks. The absence of segment-specific data limits the ability to assess the performance of different product lines or geographic regions.

    The company's growth trajectory is supported by a strong revenue base of 7.77 billion CNY and a net income of 1.60 billion CNY. Analysts have provided a mean price target of 63.82 CNY and a median price target of 68.89 CNY, indicating a generally positive outlook. The mean recommendation of 1.56 suggests a strong buy consensus among analysts.

    The company's risk profile includes a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt indicates potential liquidity constraints. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding.

    Recent events and filings have not been disclosed in the provided data, limiting the ability to assess the company's recent performance and strategic initiatives. The absence of recent transcript data or significant filings suggests a stable but potentially less dynamic business environment.

    Key takeaways
    • The company maintains a conservative debt-to-equity ratio of 0.37, indicating a relatively low leverage position.
    • Strong profitability metrics, including a 34.51% return on equity and 15.23% return on assets, suggest efficient capital and asset utilization.
    • The company's market valuation, as indicated by a price-to-book ratio of 10.03, is significantly higher than its book value.
    • Analysts have provided a generally positive outlook, with a mean price target of 63.82 CNY and a median price target of 68.89 CNY.
    • The company's revenue is concentrated in a single business segment, which may increase operational and market risks.
    • "margin_outlook_rationale": "The company's gross profit margin of 38.53% and operating margin of 24.87% suggest strong cost control and operational efficiency, which are likely to be maintained.",

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥60,00
    Market cap
    ¥46.52B
    Enterprise value
    ¥48.24B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    22.0x
    P / B
    10.0x
    P / Tangible book
    10.0x
    Tangible book
    ¥4.64B
    Net cash
    -¥1.72B
    Current ratio
    1.5
    Debt / equity
    0.4
    ROA
    15.2%
    ROE
    34.5%
    Cash conversion
    137.0%
    CapEx / revenue
    -2.6%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Industrial Supply & MRO
    low · llm_fanout_v2
    Industrial Tubing & Assemblies
    low · llm_fanout_v2
    Metal Forming Machinery
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    2,50
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    9
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-06 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate2,50
    Revenueno estimateno estimate9,4B CNY
    Operating incomeno estimateno estimate2,3B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution9 analysts
    Strong buy4
    Buy5
    Hold0
    Sell0
    Strong sell0
    12-month price target¥63,82 · Median ¥68,89
    Low ¥36,16High ¥77,00
    Operating income · consensus2,3B CNY
    EPS surprise
    −16,0 %
    reported vs consensus · miss
    Revenue surprise
    −17,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥36,16
    Mean¥63,82
    Median¥68,89
    High¥77,00
    Spot¥60,00
    +6.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin24,9 %Best in class
    Net Margin20,6 %Best in class
    ROE34,5 %Best in class
    Capex / Rev-2,6 %Above median
    D/E0,37Below median
    Cash Conv1,37Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • 603699.SS Market data — financials · 2026-05-27
    • Neway Valve Suzhou Co Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    603699.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage