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Home/Stocks/688017.SS
SSE · China · Specialty Industrial Machinery

688017.SS Leaderdrive

Chinese strain-wave reducers

Tight + uptrend Its supply chain is tightening and the stock trades above its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
¥293.0
+1.03% today
1W
+17.0%
1M
+0.8%
3M
−10.3%
YTD
+52.6%
1Y
+77.8%
Off 52w high
−39.9%
Market cap¥53.17B≈ $7.98B
P/E (trailing)329.6Forward 206.3
EV / sales76.4×EV/EBITDA 307.6×
Revenue (TTM)¥668MGrowth 35.9% y/y
Margins30.8%gross · op 9.8%
Free cash flow-¥2.57MCash ¥2.17B · debt ¥207K
Analyst target¥322.7+10.1% upside · 13 analysts · hold
Riskβ 0.79Short — of float · yield 0.08%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

688017.SS · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

6 events
  1. 6
    2026-08-26EarningsMiss / cut

    Reported EPS 0.19 vs 0.28 expected (-32.3% surprise).

  2. 5
    2026-04-22EarningsMiss / cut

    Reported EPS 0.14 vs 0.17 expected (-17.7% surprise).

  3. 4
    2025-10-30EarningsMiss / cut

    Reported EPS 0.18 vs 0.2 expected (-10.0% surprise).

  4. 3
    2025-08-15EarningsBeat / raise

    Reported EPS 0.18 vs 0.15 expected (+18.7% surprise).

  5. 2
    2025-04-29EarningsMiss / cut

    Reported EPS -0.06 vs 0.15 expected (-139.9% surprise).

  6. 1
    2024-10-29EarningsBeat / raise

    Reported EPS 0.11 vs 0.1 expected (+6.7% surprise).

Latest headlines

Auto-updated daily

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-260.280.19−32.3%
2026-04-220.190.13−32.7%
2026-04-220.170.14−17.7%
2025-10-300.20.18−10.0%
2025-08-150.150.18+18.7%
2025-04-290.110.09−15.6%
2025-04-290.15-0.06−139.9%
2024-10-290.10.11+6.7%
2024-08-300.130.11−17.8%
2024-04-290.130.12−6.8%
2024-04-290.270.05−81.5%
2023-10-300.160.12−25.0%
2023-08-300.260.14−46.1%
2023-04-280.380.14−63.1%
2023-04-280.220.13−41.2%
2022-10-280.430.16−61.8%
2022-08-110.30.3+1.0%
2022-04-280.290.16−45.0%
2022-02-240.310.12−60.2%
2021-10-280.290.39+34.8%
2021-08-190.230.24+3.1%
2021-04-230.060.14+148.2%
2021-04-150.140.14−5.0%
2020-10-280.180.13−29.6%

About Leaderdrive

Website ↗

Leader Harmonious Drive Systems Co., Ltd. is involved in the research, development, manufacture, and sales of strain wave reducers in China and internationally. It provides strain wave gears, rotary actuators, frameless direct drive torque motors, and rotary tables for aerospace robotics; automated packaging equipment; industrial robot automation components; industrial laser cutting technology; robotic medical equipment; measurement, analysis, and test equipment; media and communication equipment; mobile humanoid robots; optical equipment; optical reflector telescopes; photovoltaic equipment; precision steering gear; printed circuit board manufacturing equipment; semiconductor manufacturing equipment; and woodworking, plastic, and metal machining tools. The company was founded in 2011 and is headquartered in Suzhou, China.

1,524 employees · Suzhou, China

Every robot joint needs a strain-wave or RV reducer. Two Japanese firms dominate; Chinese suppliers are scaling fast.

Alloy→Strain wave / RV→Joint→Robot

What would prove us wrong. Weakens if Chinese reducers win share at much lower prices without quality issues.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
6324.T
Harmonic Drive Systems
Strain-wave gears for robot joints ¥5,090.0+3.98%−19.7%+35.2%
6268.T
Nabtesco
RV reducers for industrial robots ¥4,140.0+0.53%−13.0%+11.3%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.