Huali Industrial Group Co Ltd
SZSE:300979

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Huali Industrial Group Co Ltd
SZSE:300979
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Price: 41.43 CNY -0.62% Market Closed
Market Cap: ¥48.3B

EV/S

1.8
Current
35%
Cheaper
vs 3-y average of 2.7

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.8
=
Enterprise Value
¥46.2B
/
Revenue
¥25B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.8
=
Enterprise Value
¥46.2B
/
Revenue
¥25B

Valuation Scenarios

Huali Industrial Group Co Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (2.7), the stock would be worth ¥63.52 (53% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+86%
Average Upside
52%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1.8 ¥41.43
0%
3-Year Average 2.7 ¥63.52
+53%
5-Year Average 3 ¥69.4
+68%
Industry Average 1.8 ¥41.8
+1%
Country Average 3.3 ¥76.91
+86%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥46.2B
/
Jan 2026
¥25B
=
1.8
Current
¥46.2B
/
Dec 2026
¥27.3B
=
1.7
Forward
¥46.2B
/
Dec 2027
¥30B
=
1.5
Forward
¥46.2B
/
Dec 2028
¥31.8B
=
1.5
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
CN
Huali Industrial Group Co Ltd
SZSE:300979
48.3B CNY 1.8 15.1
US
Nike Inc
NYSE:NKE
65.7B USD 1.4 29.2
JP
Asics Corp
TSE:7936
3.2T JPY 3.9 32.7
US
Deckers Outdoor Corp
NYSE:DECK
14.4B USD 2.3 13.9
CH
On Holding AG
NYSE:ONON
11.7B USD 2.8 45
US
Skechers USA Inc
NYSE:SKX
9.5B USD 0.9 14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
6.9B USD 3.2 15.5
US
Crocs Inc
NASDAQ:CROX
5B USD 1.5 -61.9
DE
Puma SE
XETRA:PUM
3.6B EUR 0.6 -5.6
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
23.6B HKD 0.3 7.9
US
Steven Madden Ltd
NASDAQ:SHOO
2.7B USD 1.1 60.2
P/E Multiple
Earnings Growth PEG
CN
Huali Industrial Group Co Ltd
SZSE:300979
Average P/E: 26
15.1
N/A N/A
US
Nike Inc
NYSE:NKE
29.2
3%
9.7
JP
Asics Corp
TSE:7936
32.7
17%
1.9
US
Deckers Outdoor Corp
NYSE:DECK
13.9
7%
2
CH
On Holding AG
NYSE:ONON
45
49%
0.9
US
Skechers USA Inc
NYSE:SKX
14.3
1%
14.3
UK
Birkenstock Holding PLC
NYSE:BIRK
15.5
16%
1
US
Crocs Inc
NASDAQ:CROX
Negative Multiple: -61.9 N/A N/A
DE
Puma SE
XETRA:PUM
Negative Multiple: -5.6 N/A N/A
HK
Yue Yuen Industrial (Holdings) Ltd
HKEX:551
7.9
3%
2.6
US
Steven Madden Ltd
NASDAQ:SHOO
60.2
81%
0.7

Market Distribution

In line with most companies in China
Percentile
31th
Based on 7 593 companies
31th percentile
1.8
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

Huali Industrial Group Co Ltd
Glance View

Huali Industrial Group Co Ltd, a name synonymous with ambition and expertise in the footwear manufacturing sector, operates at the core of a globally dynamic industry. From humble beginnings in China, Huali has metamorphosed into one of the world's leading shoe manufacturers, producing for some of the most recognizable international athletic brands. The company’s journey reveals a strategic mix of innovation, quality, and strategic partnerships. These elements propel Huali's operations from the factory floors in Southeast Asia, where it makes its mark through a network of well-oiled production lines, crafting sports shoes that grace retail shelves worldwide. Meticulous attention to detail and adherence to stringent quality controls underpin every phase of their prolific shoe production process, adhering to the rigorous standards of global partners who trust Huali to bring their designs to life. Embedding itself deeply into the global footwear supply chain, Huali Industrial Group Co Ltd generates revenue primarily through large-scale production contracts. These contracts, often forged with venerable sportswear giants, position Huali as a crucial link in delivering performance-driven and fashionable shoes to consumers. The company thrives on its efficiency and capacity to swiftly respond to the ever-evolving trends and demands of the athletic apparel market. Furthermore, Huali leverages economies of scale, ensuring cost-effective manufacturing, which is paramount in an industry characterized by competitive pricing pressures. This approach allows Huali not only to sustain profitability but also to reinvest in technology and infrastructure, facilitating continual growth and cementing its reputation in the global manufacturing arena. Through adept resource management and a commitment to innovation, Huali maintains its competitive edge, ensuring that every pair of shoes produced meets the meticulous standards of its prestigious clientele.

Intrinsic Value
58.34 CNY
Undervaluation 29%
Intrinsic Value
Price ¥41.43
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