TacticScaleWhat Shenzhen Envicool Technology (英维克) Does & How It Makes Money (002837.SZ)
Updated October 2026 · reflects Shenzhen Envicool Technology's latest reported financials
Chinese maker of cooling and temperature-control systems for data centers and energy storage. It makes money mainly by selling cooling equipment, integrated solutions and components such as compressors, coolant and quick disconnects to data center, energy storage, telecom, transport and industrial customers.
How Shenzhen Envicool Technology makes money
It makes money mainly by selling cooling equipment, integrated solutions and components such as compressors, coolant and quick disconnects to data center, energy storage, telecom, transport and industrial customers. It also earns revenue from after-sales services: maintenance, upgrades, engineering, O&M and spare parts.
What Shenzhen Envicool Technology does
Shenzhen Envicool Technology, founded in 2005 and based in Shenzhen, specializes in precision temperature control and energy-saving cooling. Its core market is data centers and AI computing centers. There it supplies liquid cooling, immersion cooling, free cooling, heat-pipe and precision air-conditioning systems, plus modular and micromodule data center solutions. It also makes thermal management for electrochemical energy storage systems under its BattCool line, available in both air and full liquid-cooled versions. Outside those two areas, the company adapts its cooling technology for telecom base stations, outdoor power cabinets, EV charging piles, battery swap stations, cold-chain delivery vehicles, electric buses and rail transit. It also offers air-environment solutions for campuses, hospitals, commercial buildings and homes. On top of equipment, it sells key components such as compressors, quick disconnects and coolant, along with maintenance, O&M and spare-parts services. It sells in China and internationally.
Products & services
- Cool Inside full-chain liquid cooling for data centers
- Cool Inside immersion cooling
- Precision air conditioning (CRAC) and micromodule data centers
- BattCool energy storage thermal management (air and liquid)
- Rail transit and electric bus air conditioning
- Liquid cooling components (quick disconnects, coolant, cold plates)
英维克是做什么的？
深圳市英维克科技股份有限公司成立于2005年，总部位于深圳，专注精密温控与节能散热。核心市场是数据中心和智算中心，提供全链条液冷、浸没式液冷、自然冷却、热管和精密空调等方案，以及模块化、微模块数据中心整体方案。公司还为电化学储能系统提供BattCool系列温控产品，有风冷和全链条液冷两种。 除这两大领域外，公司的温控技术也用于通信基站、户外电源柜、充电桩、换电站、冷链配送车、电动客车和轨道交通，并为校园、医疗、商业楼宇和住宅提供空气环境方案。公司同时销售压缩机、快速接头、冷却液等关键部件，并提供维保、运维和备件服务，业务覆盖国内外市场。
What is Shenzhen Envicool Technology worth?
On an owner-earnings DCF, Shenzhen Envicool Technology's most-likely value is about ¥3 versus a recent price near ¥49 (1645% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥1) with a margin of safety — so the honest verdict here is “Stretched — richly priced.” Fair value earns its keep only at the extremes, not in the wide middle.
Today's $49 is above even the optimistic Bull case ($6) — the market expects faster, longer growth than modeled here. Expensive unless that extra growth actually shows up.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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Guangdong Shenling Environmental Systems (301018.SZ) · Vertiv (VRT) · Moon Environment Technology (000811.SZ) · Sanhe Tongfei Refrigeration (300990.SZ) · Shanghai Cooltech Power (300153.SZ)