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← CockpitCompetitor Analysis › 000026.SZ FIYTA Precision Technology Co., Ltd. Class AOpen in the cockpit ↗

FIYTA Precision Technology Co., Ltd. Class A000026.SZCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Specialty Stores

China's oldest domestic watch brand, designing, manufacturing and retailing watches plus distributing imported luxury watch brands.

≈ A Chinese Fossil Group/Movado combined maker-and-retailer of watchesMomentum leader 92
Mkt cap
$1.05B
US dollars, full cap
Free float
45%
of shares outstanding
$/day
$21.8M
20-day average traded
Fwd P/E
52.4×
forward earnings
ROIC−WACC
n/a
WACC 9.6%
Hurdle
+9 pp
Req g minus delivered
Next earnings
129 days
15 Mar 2027
Close · CNYCN¥18.35
1D-1.9%
1W+12.4%
1M+2.5%
3M+16.8%
6M+1.2%
YTD+12.0%
1Y+9.2%
ATR %6.3%
52w lowhigh34.0% off high

What FIYTA Precision Technology does

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.

Products and services

  • FIYTA-brand watches
  • Imported luxury watch retail/distribution
  • Movement/component manufacturing

Customers

  • Chinese watch consumers
  • Department store/mall retail partners

Where it sits in the supply chain

  • Consumer Discretionary
  • Specialty retail
  • Watches

What could go right

  • Premiumization of Chinese watch consumption

What could go wrong

  • Smartphone/smartwatch substitution for traditional watches
  • Luxury goods demand cyclicality

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

Named competitors

FIYTA Precision Technology at a glance

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).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026000026.SZ 103Peer median 93
Six months, rebased to 100: FIYTA Precision Technology against the median of its 20 peers (local-currency closes).

FIYTA Precision Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.62BCN¥3.49BCN¥3.92BCN¥4.55BCN¥4.34B
Revenue growth—-11%-14%+5%—
Gross profitn/aCN¥1.03BCN¥1.23BCN¥1.43BCN¥1.36B
EBITDAn/aCN¥350MCN¥519MCN¥690MCN¥597M
Net incomeCN¥90.0MCN¥87.3MCN¥220MCN¥333MCN¥267M
Free cash flowCN¥441MCN¥473MCN¥450MCN¥542MCN¥362M
Capital expenditureCN¥156MCN¥69.8MCN¥86.8MCN¥91.1MCN¥114M
Total debtCN¥130MCN¥74.9MCN¥235MCN¥374MCN¥456M

Quarterly statements and history in the cockpit →

FIYTA Precision Technology competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%0%+20%PETAPOTEADOU01169690BLUESTONE600335HZOCWCPNGJL3010783186002818SYNSAMRUSTA257720NCKBILI-A6808000026.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. FIYTA Precision Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%0×50×100×PETAPOTEADOU01169690BLUESTONEHZOCWCPNGJL3010783186002818257720000026.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. FIYTA Precision Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%25%50%PETAPOTEADOU9690600335CWC3186SYNSAMRUSTA2577206808000026.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. FIYTA Precision Technology is the large dot.

FIYTA Precision Technology competitors and peer comparison

Head to head with its named competitors (000026.SZ vs 6952.T vs 7762.T vs UHR.SW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
FIYTA Precision Technology 000026.SZ$1.05B+1%+2%n/a52.4×5.3%
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%

How FIYTA Precision Technology compares with its peers

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.

FIYTA Precision Technology against its 20 peers (data as of 6 Nov 2026)
Measure000026.SZPeer medianRank 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/E52.4×14.6×2nd 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 pp2nd most demanding of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
FIYTA Precision Technology 000026.SZChina$1.05B+1%+2%n/a52.4×5.3%-3.8%
Pet Valu PET.TOCanada$1.03B+6%+6%16%13.0×-3.5%+12.6%
Apotea APOTEA.STSweden$1.11B+42%+9%4%37.2×7.9%+9.4%
Douglas DOU.DEGermany$976M-7%+1%4%6.7×-1.1%+7.6%
Chow Sang Sang Holdings International 0116.HKHong Kong$1.13B+7%+16%20%3.1×n/an/a
TUHU Car 9690.HKHong Kong$1.14B-13%+16%0%21.3×-17.8%+12.7%
Bluestone Jewellery and Lifestyle BLUESTONE.NSIndia$1.15B+41%+38%9%132.9×n/an/a
Sinomach Automobile 600335.SSChina$1.16B-14%-11%2%n/a-10.9%-4.2%
MarineMax HZOUnited States$1.16B+21%-6%2%32.8×n/an/a
CEWE Stiftung & Co. KGaA CWC.DEGermany$926M+11%+4%11%10.1×-2.3%+3.5%
P N Gadgil Jewellers PNGJL.NSIndia$919M-17%+51%6%15.9×n/an/a
Augmont Enterprises AUGMONT.NSIndia$892Mn/a+42%0%n/an/an/a
Kidswant Digital Technology 301078.SZChina$1.24B-25%+5%5%21.8×-0.6%+4.2%
Nextage 3186.TJapan$1.25B-26%+24%4%11.2×-0.1%+22.0%
Chengdu Fusen Noble-House Industrial 002818.SZChina$1.26B-8%-22%42%11.2×-2.7%-1.0%
Synsam SYNSAM.STSweden$868M+13%+9%10%15.0×-4.4%+10.2%
Rusta RUSTA.STSweden$1.28B-17%+8%8%18.7×2.5%+7.3%
SILICON 2 257720.KSSouth Korea$1.30B-39%+55%19%7.2×-14.8%+62.2%
Nick Scali NCK.AXAustralia$842M+1%+4%23%9.0×7.5%+6.7%
Bilia BILI-A.STSweden$1.37B+9%+1%3%14.6×0.9%+6.0%
Sun Art Retail 6808.HKHong Kong$1.37B-24%-10%0%n/a1.6%-9.4%

Questions

Who are FIYTA Precision Technology's main competitors?
Named competitors: Casio Computer (6952.T), Citizen Watch (7762.T), Swatch Group (UHR.SW). The cockpit's measured peer set (industry) also includes Pet Valu (PET.TO), Apotea (APOTEA.ST), Douglas (DOU.DE), Chow Sang Sang Holdings International (0116.HK), TUHU Car (9690.HK), Bluestone Jewellery and Lifestyle (BLUESTONE.NS).
Is FIYTA Precision Technology expensive compared with its peers?
On forward p/e it trades at 52.4× against a peer median of 14.6×, 2nd most expensive of 18 in its peer set. 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.
How has FIYTA Precision Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +1.2% against -7.2% for the median peer; over one year +9.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.