Subscribe

Hexing Electrical Co.,Ltd. (603556.SS)

CNY23.25 +0.82 (+3.66%)
CN SHH Industrials Electrical Equipment & Parts
Address Shangcheng Industrial Zone 310011
Hangzhou, CN
CEO Shiquan Zhang
Website hxgroup.cn
IPO 2016-11-10
ISIN CNE100002GS0

Explore sections of this company profile

Description

Hexing Electrical Co., Ltd. serves power utility companies across the globe, supplying them with essential electrical infrastructure equipment and a wide array of specialized solutions. Their comprehensive product range includes critical hardware such as string inverters, meters compliant with both IEC and ANSI standards, communication modules, fault circuit indicators, DCU products, recloser and pole switches, ring main units (RMUs) along with their enclosures, and cable junction boxes. Beyond hardware, Hexing delivers a robust suite of advanced software and system solutions. These offerings encompass advanced metering infrastructure (AMI), ATC&C/boundary metering, customer information/billing systems (CIS), transaction platforms, outage management systems (OMS), integrated distribution management systems (IDMS), and commercial & industrial (C&I) metering. Additionally, the company provides systems for transformer monitoring, vending, SCADA, and substation automation, as well as prefabricated substations. Founded in 1992, Hexing Electrical Co., Ltd. is headquartered in Hangzhou, China, and operates as a subsidiary of Hexing Group Inc.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CNY23.25 +0.82 (+3.66%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
6M
Beta
0.29
Float Shares
152.34M
Free Float %
31.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.54% +2.04% -13.90% -18.70% -17.69% -17.45% +10.19% +23.82% +148.55% +14.78% +14.78%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

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
23.25
DCF (Unlevered) 32.43 +39.5%
DCF (Levered) 29.57 +27.2%

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
5.49
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Electrical Equipment & Parts: +13.1%
    +1.1% Q1'26: +43.6% (vs Q1'25)
  • ✗
    EPS growth Electrical Equipment & Parts: +22.4%
    -27.7% Q1'26: -34.5% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Electrical Equipment & Parts: +27.2%
    +8.7% Q1'26: -9.5% (vs Q1'25)
  • ✗
    EBIT margin Electrical Equipment & Parts: +8.2%
    +15.5% ★ Q1'26: +9.1% (vs Q1'25)
  • ✗
    ROIC Electrical Equipment & Parts: +6.4%
    +12.2% ★ Q1'26: +6.4% (vs Q1'25)
  • ✗
    Share dilution Electrical Equipment & Parts: +0.0%
    +0.5% Q1'26: -1.0% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×
    0.28× ★ Q1'26: 0.78× (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 (0.67) × ERP
WACC = 98% × Ke + 2% × Kd (5.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 32.04 Current price: 23.25
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 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. 		Dec 2027
2 Rev. Ana.
3 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.16B
est: 2.18B (-0.8%)
3.03B
est: 3.14B (-3.5%)
2.55B
est: 2.70B (-5.4%)
2.95B
est: 3.19B (-7.4%)
2.81B
est: 3.27B (-14.1%)
2.69B
est: 3.15B (-14.6%)
3.31B
est: 3.23B (+2.6%)
4.20B
est: 4.58B (-8.2%)
4.72B
est: 5.08B (-7.1%)
4.77B
est: 4.96B (-3.9%)
5.53B
5.35B – 5.71B
+11.5% YoY
6.43B
6.03B – 6.83B
+16.3% YoY
7.42B
7.18B – 7.66B
+15.4% YoY
EBITDA
634.93M
est: 404.37M (+57.0%)
729.13M
est: 581.29M (+25.4%)
462.69M
est: 500.60M (-7.6%)
688.04M
est: 591.45M (+16.3%)
626.18M
est: 605.54M (+3.4%)
445.18M
est: 584.04M (-23.8%)
854.78M
est: 598.27M (+42.9%)
1.25B
est: 863.00M (+44.8%)
1.29B
est: 957.22M (+34.8%)
823.90M
est: 935.28M (-11.9%)
1.04B
1.01B – 1.08B
+11.5% YoY
1.21B
1.14B – 1.29B
+16.3% YoY
1.40B
1.35B – 1.45B
+15.4% YoY
EBIT
608.58M
est: 365.79M (+66.4%)
695.11M
est: 525.83M (+32.2%)
417.49M
est: 452.84M (-7.8%)
626.63M
est: 535.02M (+17.1%)
561.06M
est: 547.77M (+2.4%)
391.42M
est: 528.31M (-25.9%)
800.50M
est: 541.19M (+47.9%)
1.19B
est: 799.87M (+48.6%)
1.22B
est: 887.20M (+37.8%)
740.96M
est: 866.86M (-14.5%)
966.42M
934.79M – 998.05M
+11.5% YoY
1.12B
1.05B – 1.19B
+16.3% YoY
1.30B
1.25B – 1.34B
+15.4% YoY
Net Income
508.15M
est: 529.64M (-4.1%)
562.85M
est: 602.42M (-6.6%)
329.92M
est: 452.86M (-27.1%)
500.47M
est: 505.88M (-1.1%)
481.20M
est: 544.31M (-11.6%)
313.77M
est: 506.37M (-38.0%)
664.28M
est: 608.03M (+9.3%)
982.41M
est: 1.08B (-8.9%)
1.00B
est: 1.16B (-13.6%)
729.10M
est: 948.77M (-23.2%)
899.86M
861.58M – 938.15M
-5.2% YoY
1.13B
1.09B – 1.17B
+25.6% YoY
1.19B
1.14B – 1.24B
+5.4% YoY
SGA
447.16M
est: 305.76M (+46.2%)
417.78M
est: 439.54M (-5.0%)
424.97M
est: 378.52M (+12.3%)
510.89M
est: 447.22M (+14.2%)
531.81M
est: 457.87M (+16.1%)
422.05M
est: 441.61M (-4.4%)
417.44M
est: 452.38M (-7.7%)
457.25M
est: 610.46M (-25.1%)
564.26M
est: 677.11M (-16.7%)
741.45M
est: 661.59M (+12.1%)
737.57M
713.43M – 761.71M
+11.5% YoY
857.62M
804.21M – 911.03M
+16.3% YoY
989.85M
957.45M – 1.02B
+15.4% YoY
EPS
1.39
est: 1.09 (+27.7%)
1.16
est: 1.24 (-6.3%)
0.68
est: 0.93 (-27.0%)
1.03
est: 1.04 (-1.0%)
0.98
est: 1.12 (-12.4%)
0.64
est: 1.04 (-38.5%)
1.36
est: 1.25 (+8.8%)
2.02
est: 2.22 (-9.0%)
2.06
est: 2.37 (-13.1%)
1.49
est: 1.94 (-23.2%)
1.84
1.76 – 1.92
-5.2% YoY
2.30
2.22 – 2.40
+24.8% YoY
2.44
2.33 – 2.54
+6.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-05-11 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-05-08 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-05-07 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-05-06 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-04-30 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-04-29 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-04-28 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-04-27 A- 4/5 4/5 3/5 5/5 3/5 3/5 3/5
2026-04-24 A- 4/5 4/5 3/5 5/5 2/5 3/5 3/5
2026-04-23 B+ 3/5 3/5 3/5 5/5 2/5 2/5 3/5
2026-04-22 B- 3/5 3/5 3/5 5/5 2/5 1/5 1/5
2026-04-21 A- 4/5 4/5 4/5 5/5 2/5 3/5 3/5
2026-04-20 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-17 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-16 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
318.48M
OE per share TTM
0.65
Owner's Yield
2.21%
Maintenance CapEx ratio
35.86%
Maint CapEx / Avg PPE
17.9%

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 19 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 470.0K 0.06%
2 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.00% 18.3K 0.44%
3 Dimensional - Emerging Markets Value ETF DFEV 0.00% 58.6K 0.46%
4 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 179.3K 0.39%
5 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 36.6K 0.26%
6 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 16.2K 0.48%
7 Vanguard FTSE Emerging Markets ETF VWO 0.00% 1.81M 0.06%
8 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 101.0K 0.29%
9 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 87.1K 0.28%
10 Vanguard ESG International Stock ETF VSGX 0.00% 20.7K 0.10%

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
236.7K
Shares Outstanding
486.26M

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
Rui Cheng Deputy GM & Director — male
Shiquan Zhang GM & Director — male
Suxia Wang Accounting Supervisor & Director — female
Xiao Qing Li Vice Chairman & Chief Financial Officer — female
Yi Jin Board Secretary — 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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Electrical Equipment & Parts