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Henan Thinker Automatic Equipment Co.,Ltd. (603508.SS)

CNY22.20 +0.47 (+2.16%)
CN SHH Technology Consumer Electronics
Address No. 63 Dulan Street 450001
Zhengzhou, JS, CN
CEO Wei Fang
IPO 2015-12-24
ISIN CNE100002540

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Description

Henan Thinker Automatic Equipment Co.,Ltd. engages in the research and development, manufacture, and sale of train operation control systems in China. It offers in-vehicle solutions, such as train operation control, locomotive onboard safety protection, locomotive remote monitoring and diagnosis, and train operation status information systems. The company also provides ground solutions, including locomotive wireless shunting monitoring, standardized maintenance operation, flight attendant training, flight attendant remote attendance and exit management, locomotive operation safety monitoring and early warning, and driving safety data closed-loop application systems. In addition, the company offers secure computer, operating system, power supply, wireless communications, simulation test, combined inertial navigation, and smart manufacturing technology solutions. The company was founded in 1992 and is based in Zhengzhou, China.

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
CNY22.20 +0.47 (+2.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.28
Float Shares
380.21M
Free Float %
99.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.80% -8.88% -14.91% -17.65% -28.15% -19.99% -15.33% +18.34% +58.55% -47.75% -9.73%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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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

From To

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
22.20
DCF (Unlevered) 24.66 +11.1%
DCF (Levered) 19.89 -10.4%

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)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
18.01
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Consumer Electronics: +7.8%
    +0.3% Q1'26: +18.7% (vs Q1'25)
  • EPS growth Consumer Electronics: +23.0%
    +1.4% Q1'26: +27.3% (vs Q1'25)
  • FCF margin FCF growth · Consumer Electronics: +37.3%
    +46.2% Q1'26: +36.1% (vs Q1'25)
  • EBIT margin Consumer Electronics: +5.7%
    +44.7% Q1'26: +45.0% (vs Q1'25)
  • ROIC Consumer Electronics: +4.9%
    +19.0% Q1'26: +19.0% (vs Q1'25)
  • Share dilution Consumer Electronics: +0.0%
    -0.1% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Consumer Electronics: -0.57×
    0.02× Q1'26: 0.01× (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 (1.03) × ERP
WACC = 100% × Ke + 0% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 24.66 Current price: 22.20
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
1 Rev. Ana.
1 EPS Ana.
Revenue
735.38M
est: 720.00M (+2.1%)
610.27M
est: 811.00M (-24.8%)
460.09M
est: 732.30M (-37.2%)
541.42M
est: 558.00M (-3.0%)
902.33M
est: 1.33B (-32.2%)
843.55M
est: 1.74B (-51.5%)
1.06B
est: 2.10B (-49.2%)
1.07B
est: 1.11B (-3.9%)
1.18B
est: 1.20B (-1.9%)
1.52B
est: 1.46B (+4.1%)
1.52B
est: 1.81B (-15.9%)
2.26B
2.26B – 2.26B
+24.8% YoY
EBITDA
274.69M
est: 282.20M (-2.7%)
170.29M
est: 317.87M (-46.4%)
111.95M
est: 287.02M (-61.0%)
170.84M
est: 218.71M (-21.9%)
247.85M
est: 521.29M (-52.5%)
317.72M
est: 681.98M (-53.4%)
441.54M
est: 821.91M (-46.3%)
398.51M
est: 435.06M (-8.4%)
444.83M
est: 471.51M (-5.7%)
633.27M
est: 601.11M (+5.3%)
731.23M
est: 746.03M (-2.0%)
931.40M
931.40M – 931.40M
+24.8% YoY
EBIT
264.08M
est: 249.76M (+5.7%)
157.28M
est: 281.33M (-44.1%)
93.41M
est: 254.03M (-63.2%)
139.37M
est: 193.56M (-28.0%)
198.12M
est: 461.36M (-57.1%)
269.06M
est: 603.59M (-55.4%)
392.73M
est: 727.42M (-46.0%)
349.91M
est: 385.05M (-9.1%)
396.83M
est: 417.31M (-4.9%)
579.44M
est: 542.42M (+6.8%)
679.59M
est: 673.18M (+1.0%)
840.45M
840.45M – 840.45M
+24.8% YoY
Net Income
270.37M
est: 336.53M (-19.7%)
186.92M
est: 431.85M (-56.7%)
131.10M
est: 282.07M (-53.5%)
187.83M
est: 247.05M (-24.0%)
789.34M
est: 927.90M (-14.9%)
-574.33M
est: 225.65M (-354.5%)
385.50M
est: 309.30M (+24.6%)
346.38M
est: 346.96M (-0.2%)
412.08M
est: 396.53M (+3.9%)
548.38M
est: 510.44M (+7.4%)
556.15M
est: 666.61M (-16.6%)
872.31M
872.31M – 872.31M
+30.9% YoY
SGA
182.41M
est: 113.30M (+61.0%)
220.07M
est: 127.62M (+72.4%)
92.89M
est: 115.24M (-19.4%)
104.20M
est: 87.81M (+18.7%)
217.44M
est: 209.29M (+3.9%)
172.80M
est: 273.81M (-36.9%)
144.45M
est: 329.99M (-56.2%)
158.90M
est: 174.67M (-9.0%)
174.17M
est: 189.31M (-8.0%)
226.96M
est: 183.95M (+23.4%)
75.59M
est: 228.30M (-66.9%)
285.02M
285.02M – 285.02M
+24.8% YoY
EPS
1.15
est: 0.88 (+30.3%)
0.60
est: 1.13 (-47.3%)
0.42
est: 0.74 (-43.2%)
0.60
est: 0.65 (-7.4%)
2.11
est: 2.43 (-13.3%)
-1.54
est: 0.59 (-360.7%)
1.41
est: 0.81 (+73.8%)
0.91
est: 0.91 (+0.0%)
1.08
est: 1.04 (+3.8%)
1.44
est: 1.34 (+7.5%)
1.46
est: 1.75 (-16.6%)
2.29
2.29 – 2.29
+30.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-28 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-27 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-26 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-25 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-22 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-21 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-20 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-19 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-18 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-15 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-14 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-13 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-12 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-11 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-08 A+ 4/5 4/5 4/5 5/5 4/5 3/5 4/5
2026-05-07 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-05-06 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-04-30 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-04-29 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-04-28 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-04-27 A 4/5 4/5 4/5 5/5 4/5 3/5 3/5
2026-04-24 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-04-23 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-04-22 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-04-21 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-04-20 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-04-17 A 4/5 4/5 4/5 5/5 3/5 3/5 3/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
402.27M
OE per share TTM
1.06
Owner's Yield
4.74%
Maintenance CapEx ratio
5.36%
Maint CapEx / Avg PPE
24.1%

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 5 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Value ETF DFEV 0.00% 39.0K 0.46%
2 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 169.8K 0.39%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 78.0K 0.28%
4 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.00% 3.9K 0.44%
5 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 48.7K 0.29%

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
625.8K
Shares Outstanding
381.27M

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
Jianzhou Zhao Deputy GM & Director male
Kaishang Luo Secretary of the Board male
Kun Sun Chief Financial Officer male
Wei Fang GM & Director male
Xujing He Accounting Supervisor
Zong Guang Xie Deputy GM & Director 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