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Hangzhou Heatwell Electric Heating Technology Co 603075.SS · CNY

Consumer Discretionary · Shanghai · 🇨🇳 China

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17.54

+0.86%

Close of 9 Nov 2026, in CNY

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About Hangzhou Heatwell Electric Heating Technology Co

Its shares trade on Shanghai under the ticker 603075.SS. It has been listed since 11 September 2023. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.13bn and net income of CN¥323.1m. At that date it held total assets of CN¥3.04bn and shareholders' equity of CN¥2.17bn.

Hangzhou Heatwell Electric Heating Technology Co., Ltd. principally engages in the research, development, production, and sale of heating elements and components. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2023-09-11. The firm's main products include heating elements for residential appliances such as heating elements for kitchen appliances, heating elements for clothing care appliances, heating elements for bathroom appliances and heating elements for heating, ventilation and air conditioning (HVAC) appliances, as well as heating elements for commercial appliances, heating elements for industrial equipment and heating elements for new energy vehicles. The firm mainly operates its businesses in the domestic and overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Household Durables
Listed since
11 Sept 2023
Employees
2,343

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Hangzhou Heatwell Electric Heating Technology Co Ltd employs 2,343 full-time employees for research and development.
  • The company produces heating elements for residential appliances including kitchen and bathroom appliances.
  • Hangzhou Heatwell's products are used in HVAC systems and new energy vehicles globally.

Weaknesses

  • The company's business is limited to heating elements without diversification into other product segments.
  • Hangzhou Heatwell has only one headquarters city, Hangzhou, which may limit regional market access.
  • The company's IPO on 11 September 2023 indicates a relatively new market presence.

Opportunities

  • Expanding into new energy vehicle heating elements presents a significant market opportunity.
  • Growing demand for HVAC systems in residential and commercial sectors offers expansion potential.
  • Overseas markets provide opportunities for increased international sales of heating elements.

Threats

  • Competition from established heating element manufacturers in the domestic market.
  • Economic downturns could reduce demand for non-essential home appliances.
  • Regulatory changes in the Consumer Discretionary sector may impact product development.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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