601106.SS
601106.SS
CNE100000L48
CHINA FIRST HEAVY INDUSTRIES
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Company Profile

China First Heavy Industries manufactures and sells technical equipment in the People's Republic of China and internationally. The company offers nuclear power equipment; petrochemical equipment, such as coal liquefaction, and hydrogenation reactors, PTA and ethylene oxide reactor, oversized heat exchangers, coal gasifiers, etc.; metallurgical equipment, including continuous casting machine, converters and electric furnaces, cold and hot strip rolling mill, sectional beam, and long product rolling mill, shearing lines, plate levelers, slab sizing presses, and coilers, etc.; forging equipment comprising mechanical, hot die forging, stretch levelers, and large hydraulic presses; and engineering equipment, such as mining excavators, shield tunneling machines, plate bending, and roller mills. It also provides spare parts and special tolls; engineering contracting; design service; product transportation and insurance service; technical guidance and training service; product installation and debugging services; after-sale maintenance services; and warehouse and storage services. In addition, the company engages in heavy equipment technology development; electromechanical products; manufacturing of electrical products; glass fiber and product; and wind power services. Further, the company offers material technology research and development, and promotion services; import and export services; technical development, consultation, and exchange services, technology transfer and promotion services; installation services; international marketing business; and manufacture and sale of concrete structural, and technical services. It serves nuclear power, petrochemicals, hydrogenation, metallurgy sectors. China First Heavy Industries was formerly known as First Heavy Machinery Works. The company was founded in 1954 and is headquartered in Qiqihar, the People's Republic of China.

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Key Metrics & Overview

Detailed metrics & financial data of the company

Company Profile
5 Metrics

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
5Y Volatility
34.5% p.a.
Max Drawdown (5Y)
-57.7%
Sharpe Ratio (5Y)
-0.21
Beta Factor
0.61
Size Class
Large Cap
Notes & Warnings
Single Stock Risk: Investing in an individual stock carries full company and insolvency risk (no fund diversification).
Critical leverage: Debt-to-Equity is at 317%.
Unprofitable business model: The company is currently generating net losses.
🔴 High valuation risk: Avg P/E of 49.7 (Elevated multiple compression risk)
Strong cyclicality: The business model is sensitive to economic downturns.
Elevated Short-Term Volatility: 3Y volatility (39.0%) is noticeably higher than the 5Y average (34.5%).
Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (34.5% p.a.).
Historical Stress Test: Maximum peak-to-trough drawdown of -64.9% in the extended horizon.
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