May 2026
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Largest Industrial Parts Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Zhongji Innolight, Sanhua Group, EVE Energy Co., LY iTECH and RoboTechnik.
 | Zhongji Innolight Co Ltd is a China-based company engaged in the research & development, production, and sales of high-end optical communication transceiver modules, 5G wireless networks, telecom transmission, and fixed network access. The company pays attention to technology research and development and promotes products with high speed, Miniaturization, low power consumption, and low cost that are developed to provide cloud data centers of high-speed Optical transceivers for telecom equipment manufacturers 5G Fronthaul, midhaul, and backhaul optical modules are used to transmit optical on metro, backbone, and core networks modules as well as applications for fixed networks. | $161 | +1084% | $179B | $178B | 31.6x | 83.1x | ||
| Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture, and distribution of refrigeration and air-conditioning control components, which include four-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchangers. The products have applications in air conditioning, commercial refrigeration, heat pumps, and home appliances. The organization supplies its products in China and internationally. | $8 | +101% | $32B | $30B | 6.6x | 33.1x | ||
| EVE Energy Co Ltd is a China-based enterprise mainly engaged in the research, manufacturing, and sale of consumer batteries, power batteries, and energy storage batteries. Its consumer battery portfolio includes lithium primary cells, compact lithium-ion batteries, and cylindrical batteries, applied in both consumer and industrial sectors such as smart metering, smart home devices, automotive electronics, and more. The company’s power batteries consist of products and systems for new energy passenger vehicles, serving applications in passenger cars, commercial vehicles, engineering machinery, and related fields. Its energy storage batteries are utilized in power, industrial, and commercial energy storage solutions, among other applications. | $9 | +42% | $20B | $23B | 2.6x | 18.7x | ||
| Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products. | $2 | +102% | $17B | $19B | 2.5x | 22.8x | ||
| RoboTechnik Intelligent Technology Co Ltd is a provider of smart manufactory solutions. Its focus is on developing, designing and manufacturing high-speed automated solutions to meet customer's specific requirements. The company offers smart manufactory solutions for Clean Energy, Electronics and Semi-Conductor, Automotive, as well as Food and Pharmaceutical industry segments, including intelligent production equipments, intelligent Storage System, and intelligent Material Transferring System. | $92 | +370% | $15B | $16B | 110.9x | 1761.5x | ||
| Shenzhen Kedali Industry Co Ltd is engaged in Research & Development and manufacturing of lithium battery precision structural parts and automotive structural parts. | $29 | +82% | $8B | $8B | 3.4x | 16.9x | ||
| Hangzhou First Applied Material Co Ltd is a China-based company engaged in the production of solar cell adhesive film, solar cell backplane, photosensitive dry film, flexible copper clad laminate, silicone material, hot melt adhesive film (hot melt adhesive), hot melt web film (double-sided adhesive), clothing accessories (lining cloth); sales of solar cell modules, cells, polysilicon, polymer materials, and chemical raw materials and products. | $3 | +55% | $7B | $6B | 2.8x | 30.9x | ||
| Suzhou Inovance Automotive Co Ltd is engaged in Research & Development, production, sales and technical services of electric drive and power product system solutions for new energy vehicles. | $3 | -- | $7B | $6B | 2.0x | 23.4x | ||
| Leo Group Co Ltd operates through two distinct segments: machinery manufacturing and digital marketing. The machinery manufacturing business focuses on the research and development, production, and sales of civil and commercial pumps, industrial pumps, and garden machinery. Meanwhile, the digital marketing segment offers a comprehensive suite of services, including marketing plans and creativity, media planning and execution, performance monitoring and optimization, social marketing, and precision targeting. The majority of the company's revenue is generated from its digital marketing operations. | $1 | -- | $6B | $6B | 2.0x | 115.0x | ||
| Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration. | $14 | +326% | $6B | $6B | 24.6x | 57.7x | ||
| Suzhou Tianmai Thermal Technology Co Ltd is engaged in Research and development, production and sales of thermal conductive and heat dissipation materials and components. | $46 | +348% | $5B | $5B | 31.9x | 154.9x | ||
| Baimtec Material Co Ltd is committed to the research, development, manufacture and sales of a series of high-tech products based on aviation new materials, new processes and new technologies. The company's main products cover titanium alloy precision castings, high-temperature alloy master alloys, aircraft windshields, hatch covers, transparent parts and components of observation windows, aerospace rubber, sealants, adhesives, elastic components, etc. in the aerospace and other fields. | $8 | +5% | $4B | $3B | 7.1x | 27.8x | ||
| Inner Mongolia First Machinery Group Co Ltd manufactures and distributes freight cars, gondola cars, tank cars, flatcars, boxcars, hopper cars, brake beams, bogies, and axles. The other business involves the research and development, sales, and manufacturing of railway trucks and parts, machinery equipment, and pressure vessels. The companies export region covers Asia, Africa, South America, and North America and other countries and regions. | $2 | +6% | $3B | $2B | 1.6x | 23.0x | ||
| Fangda Carbon New Material Co Ltd is a China-based company engaged in the production and sales of graphite and carbon products. Its main products include ultra-high power, high power and common power graphite electrodes, microporous carbon bricks, semi-graphite carbon bricks, aluminum carbon bricks, isostatic graphite products, special graphite products, biological carbon products and carbon composite materials, among others. | $1 | +13% | $3B | $2B | 4.6x | 34.3x | ||
| Fujian Torch Electron Technology Co Ltd is engaged in the research and development, production, sales and service work of ceramic capacitors. The company's product profile includes Chip multilayer ceramic capacitor, Molded surface mount ceramic capacitor, Coating lead type multilayer ceramic capacitor, and others. | $6 | +11% | $3B | $3B | 4.9x | 29.7x | ||
| Beijing Zhongke Sanhuan High-tech Co Ltd is a high technology company. It is engaged in researching, developing, manufacturing and marketing magnetic materials and its application devices. Its main products cover sintered Nd-Fe-B magnets, soft ferrites, and electric bicycles. The company's products are widely used in many fields, such as the automobile, household appliance, energy, computer, communication and medical care. | $2 | +14% | $2B | $2B | 2.1x | 34.0x | ||
| Mesnac Co Ltd is a Chinese company mainly engaged in the development of industrial intelligence and provides integrated informationalized software and equipment for rubber companies. It also operates in the field of automation logistics, Internet of Things, chemical industrial equipment, and new rubber material. The company's product portfolio consists of mixing systems, curing and molding systems, PCR molds, TBR molds, OTR molds, tire building products, material conveying and dosing systems, and others. The company offers its products internationally. | $1 | -23% | $897M | $508M | 0.4x | 3.8x | ||
| ZJK Industrial Co Ltd is a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products for new energy vehicles, circuit boards, data centers, liquid cooling systems for high-speed supercomputers widely applied in the artificial intelligence industry, and intelligent electronic equipment, such as mobile phones, smart watches, drones, and 5G communication base stations. Its products include various standard screws, nuts, bolts, turning parts, stamping parts, and Computer Numerical Control (CNC) machining parts. The products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, circuit boards, liquid cooling systems, and other electronic equipment. | $3 | -42% | $174M | $165M | 2.9x | 10.8x | ||
| Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others. | $3 | +50% | $55M | ($25M) | (0.4x) | (6.2x) | ||
| Li Bang International Corp Inc is a holding company. The firm through its subsidiaries engages in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China under its own Libang brand. In addition, its subsidiaries provide customers with comprehensive services, from commercial kitchen design in the early stage to equipment installation and after-sales maintenance. | $1 | -42% | $3M | $12M | 1.1x | (55.5x) | ||
| Median | $3 | +46% | $5B | $5B | 2.9x | 28.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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