Added to YB: 2025-11-18
Pitch date: 2025-11-09
2722.HK [neutral]
Chongqing Machinery & Electric Co., Ltd.
-10.96%
current return
Author Info
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Company Info
Chongqing Machinery & Electric Co., Ltd., together with its subsidiaries, designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.
Market Cap
HKD 6.4B
Pitch Price
HKD 2.28
Price Target
N/A
Dividend
2.01%
EV/EBITDA
31.59
P/E
10.62
EV/Sales
0.66
Sector
Industrial Conglomerates
Category
growth
Quick Updates on Chongqing Machinery & Electric Co., Ltd ($2722.HK)
2722.HK (earnings): CQME 1H2025 net income +54% driven by Chongqing Hitachi Energy Transformer (+157% earnings). CHET specializes in UHV transformers benefiting from China's 34% UHV investment increase, renewable buildout requiring 2-3x more transformers, West-East transmission program. P/E ratio more appropriate than EV multiples due to equity method accounting for 50% CQC, 38% CHET stakes.
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