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688017.SHShanghai STARYahoo quote: 688017.SS

Leader Harmonious Drive Systems Co., Ltd.

Leader Harmonious Drive provides motors, reducers, servo drives, and precision motion parts that turn software commands into physical movement. In this map, the specific robotics exposure is leading domestic chinese developer of high-volume harmonic reducers.

Last updated
Jul 07, 2026
Company website
Country / Region
China / Asia-Pacific
Sector
Industrials
Industry
Specialty Industrial Machinery
Investor relations
N/A - IR URL was not exposed in the captured Yahoo profile; use source links below.

Business Description

Leader Harmonious Drive Systems Co., Ltd. engages in the research, development, manufacture, and sales of strain wave reducers in China and internationally. It offers 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. Leader Harmonious Drive Systems Co., Ltd. was founded in 2011 and is headquartered in Suzhou, China.

Robotics Supply-Chain Role

Categories
joints
Exposure class
Critical Component
Component exposure
Leading domestic Chinese developer of high-volume harmonic reducers
Canonical quote
688017.SH (688017.SS)
Bottleneck relevance

Strain-wave (harmonic) and cycloidal reducers dictate structural capacity and precision. This requires high-barrier engineering dominated by select Japanese and agile Chinese clusters.

Investment Thesis

  • Leader Harmonious Drive is mapped to Actuation & Motion Stack because its robotics-relevant role is: Leading domestic Chinese developer of high-volume harmonic reducers.
  • Exposure class is Critical Component, which helps investors separate direct platform bets from component and enabling-infrastructure leverage.
  • The mapped bottleneck is investable because Strain-wave (harmonic) and cycloidal reducers dictate structural capacity and precision. This requires high-barrier engineering dominated by select Japanese and agile Chinese clusters.

Key Risks

  • Leader Harmonious Drive has more visible robotics exposure, but that can also increase sensitivity to adoption timing, capex cycles, and product execution.
  • Precision reducers and servo components can face pricing pressure as Chinese and Japanese suppliers add capacity.
  • Humanoid unit volumes may take longer to scale than actuator suppliers and investors expect.

Fundamentals & Market Metrics

Latest price
CNY 465.07
Latest market close
As of Jul 07, 2026
Source: Yahoo Finance
Market cap
CNY 85.26B
Latest market snapshot
As of Jul 07, 2026
Source: Yahoo Finance
Enterprise value
CNY 81.3B
Latest available
As of Jul 07, 2026
Source: Yahoo Finance
Revenue / TTM revenue
CNY 612.82M
TTM or latest reported period from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
Gross margin
31.74%
TTM or latest reported period from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
Operating margin
22.22%
TTM or latest reported period from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
EBITDA
CNY 164.99M
TTM or latest reported period from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
Free cash flow
CNY 38.27M
TTM or latest reported period from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
Net cash / (net debt)
CNY 1.93B
Derived from Yahoo Finance balance-sheet fields
As of Jul 07, 2026
Formula: Total cash - total debt
Source: Yahoo Finance
EPS / TTM EPS
0.77
TTM
As of Jul 07, 2026
Source: Yahoo Finance
P/E
603.99x
TTM
As of Jul 07, 2026
Source: Yahoo Finance
Dividend yield
0.05%
Forward/indicated yield where Yahoo Finance provides it
As of Jul 07, 2026
Source: Yahoo Finance
52-week high
CNY 495.66
Trailing 52 weeks
As of Jul 07, 2026
Source: Yahoo Finance
52-week low
CNY 114.23
Trailing 52 weeks
As of Jul 07, 2026
Source: Yahoo Finance
Operating cash flow
CNY 140.25M
TTM or latest reported period from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
Total cash
CNY 1.93B
Most recent balance-sheet field from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance
Total debt
CNY 289.47K
Most recent balance-sheet field from Yahoo Finance
As of Jul 07, 2026
Source: Yahoo Finance

Valuation Metrics

EV/Sales
132.67x
Derived from latest available Yahoo Finance fields
As of Jul 07, 2026
Formula: EV/Sales = enterprise_value / revenue
Source: Derived from Yahoo Finance
EV/EBITDA
492.78x
Derived from latest available Yahoo Finance fields
As of Jul 07, 2026
Formula: EV/EBITDA = enterprise_value / EBITDA
Source: Derived from Yahoo Finance
P/FCF
2,228.13x
Derived from latest available Yahoo Finance fields
As of Jul 07, 2026
Formula: P/FCF = market_cap / free_cash_flow
Source: Derived from Yahoo Finance

Key Products / Platforms

Leading domestic Chinese developer of high-volume harmonic reducers

Source Links

688017.SH quote and profile
Yahoo Finance - accessed Jul 07, 2026
Canonical ticker 688017.SH mapped to Yahoo quote symbol 688017.SS.
Leader Harmonious Drive company website
Leader Harmonious Drive - accessed Jul 07, 2026

Data Quality Notes

  • Financial fields are sourced from the captured Yahoo Finance snapshot unless a formula is shown.
  • Derived valuation metrics use source fields in the same currency as reported by Yahoo Finance.
Research Disclaimer

Informational research tool only. This is not financial advice, investment research under any regulated framework, or a recommendation to buy or sell securities. Verify all metrics against primary filings and market data providers before making decisions.