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Distributes Apple, Samsung and Huawei phones across China, and also runs lottery software and hardware services and e-commerce.
Distributes Apple, Samsung and Huawei phones across China, and also runs lottery software and hardware services and e-commerce.
Buys phones from makers such as Apple, Samsung and Huawei and resells them to retailers, earning a thin margin on very large volumes, so distribution carries the business. Smaller arms sell online and supply lottery terminals and software to provincial welfare and sports lottery centres. Shenzhen's state investment holding company is its largest shareholder.
Moat: narrow (distribution, regulatory licence). Nationwide phone-distribution network and access to both welfare and sports lottery systems; distribution itself is thin-margin.
Headquarters: Beijing, China · Employees: 4,061
Size Telling Telecommunication (000829.SZ) is a China Information Technology company (Electronics Distributors) with a market value of $1.41B, the 1716th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.19 on 6 Nov 2026.
Performance Over six months the shares fell 21.4%, against -9.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 37.0% over the last twelve months (peer median +19.0%); the operating margin is 0.5% (peer median 3.9%).
Valuation It trades at 153.2× forward earnings against a peer median of 14.3× (most expensive of 15).
Capital Return on invested capital runs 2.7 points below its cost of capital (5.0% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥110B | CN¥90.5B | CN¥84.0B | CN¥94.8B | CN¥76.4B |
| Revenue growth | — | +8% | -11% | +24% | — |
| Gross profit | CN¥3.45B | CN¥2.72B | CN¥2.38B | CN¥2.55B | CN¥2.60B |
| EBITDA | n/a | CN¥580M | CN¥682M | CN¥863M | CN¥874M |
| Net income | CN¥64.9M | -CN¥21.5M | CN¥31.2M | CN¥83.7M | CN¥111M |
| Free cash flow | -CN¥1.29B | CN¥248M | -CN¥607M | CN¥3.73B | -CN¥4.31B |
| Capital expenditure | CN¥368M | CN¥257M | CN¥336M | CN¥366M | CN¥508M |
| Total debt | CN¥22.2B | CN¥19.2B | CN¥16.4B | CN¥15.0B | CN¥16.6B |
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 |
|---|---|---|---|---|---|---|
| Telling Telecommunication 000829.SZ | $1.41B | -21% | +37% | 0% | 153.2× | n/a |
| Shenzhen Aisidi 002416.SZ | $1.44B | -44% | +26% | 1% | 22.1× | n/a |
| Digital China 000034.SZ | $3.16B | -22% | +28% | 1% | 26.6× | n/a |
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 | 000829.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | -12.4% | 4th highest of 21 |
| 6-month return | -21.4% | -9.8% | 7th lowest of 21 |
| Distance from 52-week high | -27.6% | -37.3% | 7th highest of 21 |
| Revenue growth (TTM) | +37.0% | +19.0% | 8th highest of 21 |
| Operating margin | 0.5% | 3.9% | 5th lowest of 21 |
| Forward P/E | 153.2× | 14.3× | most expensive of 15 |
| ROIC minus cost of capital | -2.7 pp | +2.9 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Telling Telecommunication 000829.SZ | China | $1.41B | -21% | +37% | 0% | 153.2× | n/a | n/a |
| Kyland Technology 300353.SZ | China | $1.42B | -17% | -6% | -6% | 80.9× | n/a | n/a |
| Yubico YUBICO.ST | Sweden | $1.40B | +189% | -9% | 9% | 59.8× | 26.3% | +12.4% |
| Shenzhen Aisidi 002416.SZ | China | $1.44B | -44% | +26% | 1% | 22.1× | n/a | n/a |
| SeSa SES.MI | Italy | $1.53B | -1% | +11% | 4% | 11.4× | -7.1% | +12.0% |
| Wuhan P&S Information Technology 300184.SZ | China | $1.63B | -29% | +48% | 5% | 15.8× | n/a | n/a |
| Shenzhen Yitoa Intelligent Control 300131.SZ | China | $1.68B | -39% | +3% | 0% | n/a | n/a | n/a |
| Daiwabo 3107.T | Japan | $1.79B | +4% | +14% | 3% | 10.8× | -7.7% | +5.3% |
| HNA Technology 600751.SS | China | $1.11B | -26% | +33% | 0% | n/a | n/a | n/a |
| SINBON Electronics 3023.TW | Taiwan | $1.88B | -11% | +9% | 10% | 15.4× | -0.1% | +7.3% |
| Shanghai YCT Electronics 301099.SZ | China | $1.02B | -17% | +106% | 6% | 22.6× | n/a | n/a |
| Xi'an Novastar Tech 301589.SZ | China | $2.12B | -9% | +15% | 17% | 22.0× | 15.9% | +28.7% |
| Tomen Devices 2737.T | Japan | $926M | +41% | +157% | 4% | n/a | n/a | n/a |
| ASBISc Enterprises ASB.WA | Poland | $2.17B | +123% | +43% | 4% | 12.6× | 5.9% | +9.5% |
| Restar 3156.T | Japan | $877M | +60% | +23% | 4% | 8.1× | n/a | n/a |
| Shenzhen CECport Technologies 001287.SZ | China | $2.28B | -24% | +138% | 2% | n/a | n/a | n/a |
| ScanSource SCSC | United States | $871M | -7% | +6% | 3% | 8.4× | 0.4% | +0.5% |
| SoftwareOne SWON.SW | Switzerland | $2.30B | +11% | +62% | 12% | 12.6× | -5.7% | +8.4% |
| Beijing Oriental Jicheng 002819.SZ | China | $848M | -27% | +7% | -3% | n/a | 10.3% | +23.4% |
| Nanjing Sunlord Electronics 300975.SZ | China | $2.40B | -11% | +109% | 8% | n/a | n/a | n/a |
| BIPROGY 8056.T | Japan | $2.47B | -3% | +4% | 10% | 13.1× | -9.5% | +7.1% |