Greatoo Intelligent Equipment Inc. (002031.SZ)

Greatoo Intelligent Equipment Inc. (002031.SZ) — VMCI valuation read

Headline read on 002031.SZ: VMCI of 32/100 versus a Consumer Cyclical sector median of 50. The 18-point below-median position is what makes Greatoo Intelligent Equipment Inc. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 002031.SZ: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 002031.SZ: value (002031.SZ trades at 27.0x earnings, 50% above the Consumer Cyclical median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of -2.1x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

002031.SZ fell 3.0% over the trailing 7 days, with a +0.2% read on a 30-day basis.