Loading…
← CockpitCompetitor Analysis › 000681.SZ Visual China Group Co., Ltd. Class AOpen in the cockpit ↗

Visual China Group Co., Ltd. Class A000681.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Miscellaneous Commercial Services

Chinese stock-photo and visual-content licensing platform, often described as China's equivalent of Getty Images.

≈ China's Getty ImagesMomentum neutral 57
Mkt cap
$1.71B
US dollars, full cap
Free float
74%
of shares outstanding
$/day
$73.1M
20-day average traded
Fwd P/E
44.0×
forward earnings
ROIC−WACC
-9.5 pp
WACC 10.9%
Hurdle
n/a
no reverse DCF
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥16.30
1D-2.2%
1W+14.7%
1M+6.2%
3M-9.9%
6M-25.3%
YTD-31.5%
1Y-20.9%
ATR %4.8%
52w lowhigh53.6% off high

What Visual China does

Chinese stock-photo and visual-content licensing platform, often described as China's equivalent of Getty Images.

Is paid licence fees each time a picture or clip is used, either per item or through annual packages for media and brand clients. Supply comes from its own contributors and from overseas agencies it represents in China, including Getty Images, so its library is partly owned and partly distributed.

In one line: China's Getty Images.

Products and services

  • Stock photo/video licensing
  • Content creator services

Customers

  • Media companies
  • Advertisers/marketers

Where it sits in the supply chain

  • Media/content
  • Visual content licensing
  • Stock photo/video platform

What could go right

  • Digital advertising/content demand

What could go wrong

  • Copyright litigation controversy risk
  • AI image-generation substitution

Moat: narrow (network effects, brand, scale). Large licensed content library and contributor network are hard to replicate.

Headquarters: Beijing, China · Employees: 466

Visual China at a glance

Size Visual China (000681.SZ) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $1.71B, the 1462nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.30 on 6 Nov 2026.

Performance Over six months the shares fell 25.3%, against -0.9% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue fell 9.2% over the last twelve months (peer median +13.1%); the operating margin is 4.0% (peer median 13.4%).

Valuation It trades at 44.0× forward earnings against a peer median of 20.6× (4th most expensive of 18).

Capital Return on invested capital runs 9.5 points below its cost of capital (10.9% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 97000681.SZ 72
Six months, rebased to 100: Visual China against the median of its 20 peers (local-currency closes).

Visual China financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥738MCN¥775MCN¥809MCN¥778MCN¥695M
Revenue growth—-4%+4%+12%—
Gross profitCN¥307MCN¥278MCN¥347MCN¥370MCN¥350M
EBITDAn/aCN¥98.5MCN¥142MCN¥136MCN¥116M
Net incomeCN¥78.5MCN¥83.0MCN¥119MCN¥146MCN¥98.3M
Free cash flowCN¥119MCN¥111MCN¥149MCN¥180MCN¥166M
Capital expenditureCN¥11.0MCN¥28.3MCN¥27.7MCN¥28.3MCN¥47.1M
Total debtCN¥172MCN¥159MCN¥133MCN¥136MCN¥50.0M

Quarterly statements and history in the cockpit →

Visual China 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%0%+20%002967301500IPSCHOICEINKRUSYNGENEHCSGPSG0586HOFI002310300725ECLERX9744301571002315IGIL002607AWXNSP000681.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Visual China is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%+30%20×40×60×002967IPSCHOICEINKRUSYNGENEHCSGPSG0586HOFI300725ECLERX002315IGIL002607NSP000681.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Visual China is the large dot.

Visual China competitors and peer comparison

How Visual China 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.

Visual China against its 20 peers (data as of 6 Nov 2026)
Measure000681.SZPeer medianRank in peer set
1-month return+6.2%+2.0%6th highest of 21
6-month return-25.3%-0.9%4th lowest of 21
Distance from 52-week high-53.6%-26.3%lowest of 21
Revenue growth (TTM)-9.2%+13.1%lowest of 21
Operating margin4.0%13.4%2nd lowest of 21
Forward P/E44.0×20.6×4th most expensive of 18
ROIC minus cost of capital-9.5 pp+3.0 pplowest of 18

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
Visual China 000681.SZChina$1.71B-25%-9%4%44.0×n/an/a
GRG Metrology & Test 002967.SZChina$1.72B-16%+13%13%22.7×3.9%+14.4%
Guangdong Feinan Resources Recycling 301500.SZChina$1.68B-31%+42%7%n/an/an/a
Ipsos IPS.PAFrance$1.74B-3%+3%12%7.0×-10.8%+6.6%
Choice International CHOICEIN.NSIndia$1.76B+8%+34%27%49.8×n/an/a
Kruk KRU.WAPoland$1.65B-22%+8%77%6.9×-2.1%+16.8%
Syngene International SYNGENE.NSIndia$1.78B-11%-6%13%67.8×35.3%+11.4%
Healthcare Services HCSGUnited States$1.64B+5%+4%6%20.6×3.4%+0.9%
Prosegur Compania de Seguridad PSG.MCSpain$1.79B+9%+1%6%11.8×-5.3%+6.7%
China Conch Venture 0586.HKHong Kong$1.79B-36%+21%18%5.5×n/an/a
Hoist Finance HOFI.STSweden$1.79B+29%+16%30%11.9×n/an/a
Beijing Orient EcoEnergy 002310.SZChina$1.81B-24%+35%12%n/a36.4%-47.6%
PharmaBlock Sciences (Nanjing) 300725.SZChina$1.61B+16%+11%11%44.6×27.8%+14.1%
eClerx Services ECLERX.NSIndia$1.59B0%+22%20%19.4×17.2%+21.4%
MEITEC 9744.TJapan$1.57B+3%+2%14%18.7×-4.6%+7.3%
Teemsun Technology 301571.SZChina$1.86B0%+61%22%n/an/an/a
Focus Technology 002315.SZChina$1.86B-1%+14%24%22.1×3.2%+10.6%
International Gemological Institute IGIL.NSIndia$1.86B+12%+21%58%24.4×14.6%+37.6%
Offcn Education Technology 002607.SZChina$1.56B-36%-2%13%38.8×17.7%-27.6%
AEM AWX.SISingapore$1.55B-18%+15%11%23.4×15.4%-5.1%
Insperity NSPUnited States$1.90B+53%+2%0%19.9×19.5%+9.7%

Questions

Which companies are Visual China's closest peers?
The cockpit's peer set: GRG Metrology & Test (002967.SZ), Guangdong Feinan Resources Recycling (301500.SZ), Ipsos (IPS.PA), Choice International (CHOICEIN.NS), Kruk (KRU.WA), Syngene International (SYNGENE.NS), Healthcare Services (HCSG), Prosegur Compania de Seguridad (PSG.MC).
Is Visual China expensive compared with its peers?
On forward p/e it trades at 44.0× against a peer median of 20.6×, 4th most expensive of 18 in its peer set.
How has Visual China stock performed?
Over six months to 6 Nov 2026 the shares returned -25.3% against -0.9% for the median peer; over one year -20.9%.

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.