Canny Elevator Co Ltd: A Snapshot of the Elevator Industry Leader

Canny Elevator Co Ltd, a prominent player in the industrial machinery sector, is headquartered in Wujiang, China. The company has carved a niche for itself in the design, manufacture, sale, installation, and repair of elevators and escalators, along with their respective parts. Its diverse product range includes passenger escalators, sightseeing escalators, hospital elevators, and cargo elevators, catering to a wide array of needs across different sectors.

As of April 29, 2025, Canny Elevator’s stock closed at 7.22 CNH on the Shenzhen Stock Exchange, where it is publicly traded. The company’s market capitalization stands at 5.77 billion CNH, reflecting its significant presence in the industry. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of 7.99 CNH on December 11, 2024, and a low of 5.12 CNH on August 27, 2024. The price-to-earnings ratio of 15.48 indicates a balanced valuation in the context of its earnings.

Canny Elevator’s journey began with its IPO on March 12, 2010, marking its entry into the public market. Since then, the company has expanded its operations and solidified its position as a leader in the elevator and escalator industry. For more detailed information about their services and products, interested parties can visit their website at www.canny-elevator.com .

The company’s strategic focus on innovation and quality has enabled it to maintain a competitive edge in the rapidly evolving industrial machinery sector. As urbanization continues to drive demand for efficient vertical transportation solutions, Canny Elevator is well-positioned to meet the growing needs of both domestic and international markets.