China's oldest domestic watch brand, designing, manufacturing and retailing watches plus distributing imported luxury watch brands.
China's oldest domestic watch brand, designing, manufacturing and retailing watches plus distributing imported luxury watch brands.
Earns from its own Fiyta watches sold through its own stores and department-store counters, and from a second business retailing imported luxury watches, so brand control and store economics matter more than manufacturing. It is a subsidiary of the state-owned AVIC group.
In one line: A Chinese Fossil Group/Movado combined maker-and-retailer of watches.
Moat: narrow (brand, distribution). China's most recognized homegrown watch brand plus distribution rights for foreign luxury brands.
Headquarters: Shenzhen, China · Founded: 1987 · Employees: 3,156
Size FIYTA Precision Technology (000026.SZ) is a China Consumer Discretionary company (Specialty Stores) with a market value of $1.05B, the 2210th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.35 on 6 Nov 2026.
Performance Over six months the shares gained 1.2%, against -7.2% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 20 in its peer set.
Growth Revenue grew 1.6% over the last twelve months (peer median +6.9%).
Valuation It trades at 52.4× forward earnings against a peer median of 14.6× (2nd most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Next results Next results expected around 15 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.62B | CN¥3.49B | CN¥3.92B | CN¥4.55B | CN¥4.34B |
| Revenue growth | — | -11% | -14% | +5% | — |
| Gross profit | n/a | CN¥1.03B | CN¥1.23B | CN¥1.43B | CN¥1.36B |
| EBITDA | n/a | CN¥350M | CN¥519M | CN¥690M | CN¥597M |
| Net income | CN¥90.0M | CN¥87.3M | CN¥220M | CN¥333M | CN¥267M |
| Free cash flow | CN¥441M | CN¥473M | CN¥450M | CN¥542M | CN¥362M |
| Capital expenditure | CN¥156M | CN¥69.8M | CN¥86.8M | CN¥91.1M | CN¥114M |
| Total debt | CN¥130M | CN¥74.9M | CN¥235M | CN¥374M | CN¥456M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| FIYTA Precision Technology 000026.SZ | $1.05B | +1% | +2% | n/a | 52.4× | 5.3% |
| Casio Computer 6952.T | $2.74B | +24% | +12% | 11% | 15.9× | 0.2% |
| Citizen Watch 7762.T | $2.90B | +3% | +17% | 10% | 12.8× | 10.1% |
| Swatch Group Ltd. Bearer UHR.SW | $11.3B | -13% | 0% | 2% | 43.1× | 21.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000026.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.5% | +0.4% | 10th highest of 21 |
| 6-month return | +1.2% | -7.2% | 9th highest of 20 |
| Distance from 52-week high | -34.0% | -27.4% | 9th lowest of 21 |
| Revenue growth (TTM) | +1.6% | +6.9% | 7th lowest of 21 |
| Forward P/E | 52.4× | 14.6× | 2nd most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 5.3% | -1.1% | 3rd most demanding of 16 |
| Growth delivered (Del g) | -3.8% | +7.3% | 3rd lowest of 16 |
| Hurdle (Req g minus delivered) | +9.0 pp | -5.9 pp | 2nd most demanding of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| FIYTA Precision Technology 000026.SZ | China | $1.05B | +1% | +2% | n/a | 52.4× | 5.3% | -3.8% |
| Pet Valu PET.TO | Canada | $1.03B | +6% | +6% | 16% | 13.0× | -3.5% | +12.6% |
| Apotea APOTEA.ST | Sweden | $1.11B | +42% | +9% | 4% | 37.2× | 7.9% | +9.4% |
| Douglas DOU.DE | Germany | $976M | -7% | +1% | 4% | 6.7× | -1.1% | +7.6% |
| Chow Sang Sang Holdings International 0116.HK | Hong Kong | $1.13B | +7% | +16% | 20% | 3.1× | n/a | n/a |
| TUHU Car 9690.HK | Hong Kong | $1.14B | -13% | +16% | 0% | 21.3× | -17.8% | +12.7% |
| Bluestone Jewellery and Lifestyle BLUESTONE.NS | India | $1.15B | +41% | +38% | 9% | 132.9× | n/a | n/a |
| Sinomach Automobile 600335.SS | China | $1.16B | -14% | -11% | 2% | n/a | -10.9% | -4.2% |
| MarineMax HZO | United States | $1.16B | +21% | -6% | 2% | 32.8× | n/a | n/a |
| CEWE Stiftung & Co. KGaA CWC.DE | Germany | $926M | +11% | +4% | 11% | 10.1× | -2.3% | +3.5% |
| P N Gadgil Jewellers PNGJL.NS | India | $919M | -17% | +51% | 6% | 15.9× | n/a | n/a |
| Augmont Enterprises AUGMONT.NS | India | $892M | n/a | +42% | 0% | n/a | n/a | n/a |
| Kidswant Digital Technology 301078.SZ | China | $1.24B | -25% | +5% | 5% | 21.8× | -0.6% | +4.2% |
| Nextage 3186.T | Japan | $1.25B | -26% | +24% | 4% | 11.2× | -0.1% | +22.0% |
| Chengdu Fusen Noble-House Industrial 002818.SZ | China | $1.26B | -8% | -22% | 42% | 11.2× | -2.7% | -1.0% |
| Synsam SYNSAM.ST | Sweden | $868M | +13% | +9% | 10% | 15.0× | -4.4% | +10.2% |
| Rusta RUSTA.ST | Sweden | $1.28B | -17% | +8% | 8% | 18.7× | 2.5% | +7.3% |
| SILICON 2 257720.KS | South Korea | $1.30B | -39% | +55% | 19% | 7.2× | -14.8% | +62.2% |
| Nick Scali NCK.AX | Australia | $842M | +1% | +4% | 23% | 9.0× | 7.5% | +6.7% |
| Bilia BILI-A.ST | Sweden | $1.37B | +9% | +1% | 3% | 14.6× | 0.9% | +6.0% |
| Sun Art Retail 6808.HK | Hong Kong | $1.37B | -24% | -10% | 0% | n/a | 1.6% | -9.4% |