Kelin Environmental Protection Equipment, Inc. (002499.SZ)

Kelin Environmental Protection Equipment, Inc. (002499.SZ) — VMCI valuation read

Composite valuation read on 002499.SZ: VMCI 41/100 against a Industrials sector median of 50. The 9-point below-median print is the headline number for Kelin Environmental Protection Equipment, Inc., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for 002499.SZ: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on 002499.SZ: 002499.SZ trades at 25.0x earnings, 39% above the Industrials median of 18.0x; ROIC of 13.0% sits 3.0pp above the Industrials median (10.0%); net debt to EBITDA of -0.9x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Industrials closes the value frame.

002499.SZ rose 0.7% over the trailing 7 days, with a +5.0% read on a 30-day basis.