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Kehua Data Co., Ltd. (002335.SZ)

CNY32.57 -1.25 (-3.70%)
CN SHZ Industrials Electrical Equipment & Parts
Address No. 457, Malong Road 361000
Xiamen, CN
CEO Si Xiong Chen
Website kehua.com
IPO 2010-01-13
ISIN CNE100000K31

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Description

Kehua Data Co., Ltd. operates globally, specializing in the research, development, manufacturing, and sales of both renewable energy solutions and advanced data center equipment, all marketed under its Kehua brand. The company's diverse renewable energy product line includes central inverters, inverter containers, and sophisticated central distribution systems for power applications. It also provides comprehensive energy storage technologies, featuring energy storage systems, converters, and various battery solutions like Pb-C storage batteries. Furthermore, Kehua offers both grid-tied PV and string inverters, solar controllers, off-grid inverters and chargers, and a range of single-phase, three-phase, and 48V inverters. For charging infrastructure, they supply charging modules, alongside AC and DC chargers, complemented by combiner boxes and other customized products tailored for renewable energy applications. Within the data center sector, Kehua offers an extensive selection of uninterruptible power supply (UPS) systems. These encompass online UPS (both transformer-based and transformerless), modular, line interactive, offline, lithium-based, and DC UPS units. The company's offerings extend to specialized UPS systems for telecommunication and industrial uses, static transfer switches, and custom-engineered UPS solutions with adjustable voltage and frequency capabilities. A wide array of accessories supports these primary systems. This extensive range features various racks—such as 3-phase ATS, bypass, input, lightning protection, UPS distribution, and battery racks—as well as lead-acid batteries, MMBMs, and PDU modules. Further accessories encompass single-phase composite and lightning protection racks, SNMPs, voltage regulators, and numerous cabinet types, including AC distribution, battery, distribution, outdoor, power distribution, and rack battery cabinets. Chargers and wall-mounted lightning protection products complete their accessory lineup. Beyond hardware, Kehua Data delivers complete data center systems and advanced monitoring solutions. These monitoring products feature SNMP adapters, data collection devices, sophisticated data center monitoring and management systems, data acquisition modules, leakage and contact monitor modules, and GSM modules. Founded in 1988 and headquartered in Xiamen, China, the company was initially known as Kehua Hengsheng Co., Ltd., before officially adopting its current name, Kehua Data Co., Ltd., in January 2021.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY32.57 -1.25 (-3.70%)
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Volume Profile
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Liquidity & share structure
Average Volume
42M
Beta
0.44
Float Shares
332.59M
Free Float %
64.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-35.44% -38.10% -36.80% -37.65% -26.48% -29.66% -1.01% +5.25% +125.13% +57.95% +323.64%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
32.57
DCF (Unlevered) 63.95 +96.3%
DCF (Levered) 140.87 +332.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 -2
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.76
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Electrical Equipment & Parts: +13.1%
    +5.2% Q1'26: +17.6% (vs Q1'25)
  • EPS growth Electrical Equipment & Parts: +22.4%
    +22.1% Q1'26: +0.0% (vs Q1'25)
  • FCF margin FCF growth · Electrical Equipment & Parts: +27.2%
    +6.5% Q1'26: +5.3% (vs Q1'25)
  • EBIT margin Electrical Equipment & Parts: +8.2%
    +5.8% Q1'26: +5.7% (vs Q1'25)
  • ROIC Electrical Equipment & Parts: +6.4%
    +8.6% Q1'26: +5.9% (vs Q1'25)
  • Share dilution Electrical Equipment & Parts: +0.0%
    +8.7% Q1'26: +13.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×
    1.04× Q1'26: 3.03× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.51) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 64.51 Current price: 32.57
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
1 EPS Ana.
Dec 2027
4 Rev. Ana.
1 EPS Ana.
Dec 2028
2 Rev. Ana.
1 EPS Ana.
Revenue
1.67B
est: 1.73B (-3.4%)
1.77B
est: 1.77B (0.0%)
2.41B
est: 2.41B (-0.1%)
3.44B
est: 2.99B (+14.9%)
3.87B
est: 3.94B (-1.9%)
4.17B
est: 4.60B (-9.3%)
4.87B
est: 5.31B (-8.4%)
5.65B
est: 5.77B (-2.1%)
8.14B
est: 7.73B (+5.3%)
7.76B
est: 7.90B (-1.8%)
8.16B
est: 8.37B (-2.5%)
10.03B
9.84B – 10.24B
+19.9% YoY
12.45B
11.61B – 13.07B
+24.1% YoY
15.38B
14.68B – 15.94B
+23.5% YoY
EBITDA
235.81M
est: 266.35M (-11.5%)
254.60M
est: 272.66M (-6.6%)
358.61M
est: 371.71M (-3.5%)
421.21M
est: 460.75M (-8.6%)
543.68M
est: 607.41M (-10.5%)
785.22M
est: 707.91M (+10.9%)
844.83M
est: 818.37M (+3.2%)
951.57M
est: 889.08M (+7.0%)
1.14B
est: 1.19B (-4.2%)
772.57M
est: 1.14B (-32.0%)
1.12B
est: 1.20B (-6.8%)
1.44B
1.42B – 1.47B
+19.9% YoY
1.79B
1.67B – 1.88B
+24.1% YoY
2.21B
2.11B – 2.29B
+23.5% YoY
EBIT
177.78M
est: 150.74M (+17.9%)
171.59M
est: 154.31M (+11.2%)
246.31M
est: 210.37M (+17.1%)
269.22M
est: 260.76M (+3.2%)
355.52M
est: 343.76M (+3.4%)
483.61M
est: 400.64M (+20.7%)
478.96M
est: 463.16M (+3.4%)
530.80M
est: 503.17M (+5.5%)
661.40M
est: 674.09M (-1.9%)
358.56M
est: 597.41M (-40.0%)
476.67M
est: 633.30M (-24.7%)
759.11M
744.74M – 774.84M
+19.9% YoY
941.85M
878.52M – 988.74M
+24.1% YoY
1.16B
1.11B – 1.21B
+23.5% YoY
Net Income
145.93M
est: 185.40M (-21.3%)
171.57M
est: 312.63M (-45.1%)
426.21M
est: 411.69M (+3.5%)
75.59M
est: 81.79M (-7.6%)
207.16M
est: 199.03M (+4.1%)
381.89M
est: 387.02M (-1.3%)
438.78M
est: 458.86M (-4.4%)
248.36M
est: 430.00M (-42.2%)
507.55M
est: 550.01M (-7.7%)
315.17M
est: 484.72M (-35.0%)
417.99M
est: 609.36M (-31.4%)
721.40M
678.74M – 755.81M
+18.4% YoY
1.01B
953.25M – 1.06B
+40.4% YoY
1.26B
1.18B – 1.32B
+24.0% YoY
SGA
362.88M
est: 202.35M (+79.3%)
433.05M
est: 207.15M (+109.1%)
405.89M
est: 282.40M (+43.7%)
520.33M
est: 350.04M (+48.6%)
558.35M
est: 461.46M (+21.0%)
507.77M
est: 537.82M (-5.6%)
580.45M
est: 621.73M (-6.6%)
686.21M
est: 675.45M (+1.6%)
890.01M
est: 904.88M (-1.6%)
878.24M
est: 790.88M (+11.0%)
305.76M
est: 838.38M (-63.5%)
1.00B
985.92M – 1.03B
+19.9% YoY
1.25B
1.16B – 1.31B
+24.1% YoY
1.54B
1.47B – 1.60B
+23.5% YoY
EPS
0.39
est: 0.40 (-2.5%)
0.39
est: 0.67 (-42.2%)
0.91
est: 0.89 (+2.4%)
0.16
est: 0.18 (-9.3%)
0.45
est: 0.43 (+4.8%)
0.83
est: 0.84 (-0.6%)
0.95
est: 0.99 (-4.0%)
0.54
est: 0.93 (-41.8%)
1.10
est: 1.19 (-7.3%)
0.68
est: 0.96 (-29.4%)
0.83
est: 1.21 (-31.4%)
1.43
1.35 – 1.50
+18.4% YoY
2.01
1.89 – 2.11
+40.4% YoY
2.50
2.35 – 2.61
+24.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-28 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-27 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-26 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-25 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-22 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-21 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-20 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-19 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-18 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-15 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-14 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-13 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-12 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-11 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-08 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-07 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-05-06 B+ 3/5 5/5 3/5 4/5 3/5 1/5 2/5
2026-04-30 B 3/5 5/5 3/5 4/5 2/5 1/5 2/5
2026-04-29 B 3/5 5/5 3/5 4/5 2/5 1/5 2/5
2026-04-28 B- 3/5 3/5 3/5 4/5 2/5 1/5 2/5
2026-04-27 C+ 2/5 3/5 3/5 4/5 1/5 1/5 1/5
2026-04-24 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-04-23 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-04-22 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-04-21 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-04-20 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-04-17 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5
2026-04-16 B- 3/5 5/5 3/5 4/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.25B
OE per share TTM
2.40
Owner's Yield
6.16%
Maintenance CapEx ratio
111.16%
Maint CapEx / Avg PPE
61.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 21 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
112.2K
Shares Outstanding
515.41M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hao Chen Vice President & Director male
Jian Cui Vice President male
Jianping Zhu Vice President male
Qing Min Lin Vice President male
Shan Tang Vice President, Chief Financial Officer & Accounting Supervisor female
Si Xiong Chen President & Vice Chairman male
Tao Lin Board Secretary male
Weicong Zhuang Chief Financial Officer male
Xiao Chen Vice President male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits