Chinese stock-photo and visual-content licensing platform, often described as China's equivalent of Getty Images.
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.
Moat: narrow (network effects, brand, scale). Large licensed content library and contributor network are hard to replicate.
Headquarters: Beijing, China · Employees: 466
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥738M | CN¥775M | CN¥809M | CN¥778M | CN¥695M |
| Revenue growth | — | -4% | +4% | +12% | — |
| Gross profit | CN¥307M | CN¥278M | CN¥347M | CN¥370M | CN¥350M |
| EBITDA | n/a | CN¥98.5M | CN¥142M | CN¥136M | CN¥116M |
| Net income | CN¥78.5M | CN¥83.0M | CN¥119M | CN¥146M | CN¥98.3M |
| Free cash flow | CN¥119M | CN¥111M | CN¥149M | CN¥180M | CN¥166M |
| Capital expenditure | CN¥11.0M | CN¥28.3M | CN¥27.7M | CN¥28.3M | CN¥47.1M |
| Total debt | CN¥172M | CN¥159M | CN¥133M | CN¥136M | CN¥50.0M |
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.
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 | 000681.SZ | Peer median | Rank 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 margin | 4.0% | 13.4% | 2nd lowest of 21 |
| Forward P/E | 44.0× | 20.6× | 4th most expensive of 18 |
| ROIC minus cost of capital | -9.5 pp | +3.0 pp | lowest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Visual China 000681.SZ | China | $1.71B | -25% | -9% | 4% | 44.0× | n/a | n/a |
| GRG Metrology & Test 002967.SZ | China | $1.72B | -16% | +13% | 13% | 22.7× | 3.9% | +14.4% |
| Guangdong Feinan Resources Recycling 301500.SZ | China | $1.68B | -31% | +42% | 7% | n/a | n/a | n/a |
| Ipsos IPS.PA | France | $1.74B | -3% | +3% | 12% | 7.0× | -10.8% | +6.6% |
| Choice International CHOICEIN.NS | India | $1.76B | +8% | +34% | 27% | 49.8× | n/a | n/a |
| Kruk KRU.WA | Poland | $1.65B | -22% | +8% | 77% | 6.9× | -2.1% | +16.8% |
| Syngene International SYNGENE.NS | India | $1.78B | -11% | -6% | 13% | 67.8× | 35.3% | +11.4% |
| Healthcare Services HCSG | United States | $1.64B | +5% | +4% | 6% | 20.6× | 3.4% | +0.9% |
| Prosegur Compania de Seguridad PSG.MC | Spain | $1.79B | +9% | +1% | 6% | 11.8× | -5.3% | +6.7% |
| China Conch Venture 0586.HK | Hong Kong | $1.79B | -36% | +21% | 18% | 5.5× | n/a | n/a |
| Hoist Finance HOFI.ST | Sweden | $1.79B | +29% | +16% | 30% | 11.9× | n/a | n/a |
| Beijing Orient EcoEnergy 002310.SZ | China | $1.81B | -24% | +35% | 12% | n/a | 36.4% | -47.6% |
| PharmaBlock Sciences (Nanjing) 300725.SZ | China | $1.61B | +16% | +11% | 11% | 44.6× | 27.8% | +14.1% |
| eClerx Services ECLERX.NS | India | $1.59B | 0% | +22% | 20% | 19.4× | 17.2% | +21.4% |
| MEITEC 9744.T | Japan | $1.57B | +3% | +2% | 14% | 18.7× | -4.6% | +7.3% |
| Teemsun Technology 301571.SZ | China | $1.86B | 0% | +61% | 22% | n/a | n/a | n/a |
| Focus Technology 002315.SZ | China | $1.86B | -1% | +14% | 24% | 22.1× | 3.2% | +10.6% |
| International Gemological Institute IGIL.NS | India | $1.86B | +12% | +21% | 58% | 24.4× | 14.6% | +37.6% |
| Offcn Education Technology 002607.SZ | China | $1.56B | -36% | -2% | 13% | 38.8× | 17.7% | -27.6% |
| AEM AWX.SI | Singapore | $1.55B | -18% | +15% | 11% | 23.4× | 15.4% | -5.1% |
| Insperity NSP | United States | $1.90B | +53% | +2% | 0% | 19.9× | 19.5% | +9.7% |