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Chinese PCB maker specializing in server/AI-switch motherboards, optical-module boards and 5G RF/antenna boards for data centers and telecom.
Chinese PCB maker specializing in server/AI-switch motherboards, optical-module boards and 5G RF/antenna boards for data centers and telecom.
In one line: A China-based, AI-server-focused peer to TTM Technologies.
Moat: narrow (process know-how, customer qualification). Specialized in complex AI-server and RF board manufacturing, qualified with data-center and telecom customers.
Headquarters: Guangzhou, China · Founded: 2002 · Employees: 4,998
Size Delton Technology (Guangzhou) (001389.SZ) is a China Information Technology company (Electronic Components) with a market value of $4.43B, the 579th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥84.81 on 6 Nov 2026.
Performance Over six months the shares fell 48.0%, against -12.2% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 76.7% over the last twelve months (peer median +16.5%); the operating margin is 24.7% (peer median 9.5%).
Valuation It trades at 18.6× forward earnings against a peer median of 30.7× (6th cheapest of 19).
Capital Return on invested capital runs 7.1 points above its cost of capital (13.5% WACC).
Next results Next results expected around 6 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥8.64B | CN¥5.47B | CN¥3.72B | CN¥2.67B | CN¥2.41B |
| Revenue growth | — | +47% | +40% | +11% | — |
| Gross profit | CN¥3.40B | CN¥1.84B | CN¥1.21B | CN¥865M | CN¥614M |
| EBITDA | n/a | CN¥1.36B | CN¥892M | CN¥693M | CN¥424M |
| Net income | CN¥1.78B | CN¥1.02B | CN¥676M | CN¥415M | CN¥280M |
| Free cash flow | -CN¥1.81B | -CN¥267M | -CN¥23.7M | CN¥101M | -CN¥25.4M |
| Capital expenditure | CN¥3.57B | CN¥1.31B | CN¥828M | CN¥427M | CN¥456M |
| Total debt | CN¥2.90B | CN¥1.38B | CN¥949M | CN¥730M | CN¥708M |
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 |
|---|---|---|---|---|---|---|
| Delton Technology (Guangzhou) 001389.SZ | $4.43B | -48% | +77% | 25% | 18.6× | n/a |
| Shennan Circuit 002916.SZ | $20.4B | -36% | +51% | 18% | 22.6× | n/a |
| Victory Giant Technology (HuiZhou) 300476.SZ | $18.3B | -62% | +38% | 26% | 17.2× | n/a |
| TTM Technologies TTMI | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% |
| Zhen Ding Technology Holding Lt 4958.TW | $12.8B | -12% | +5% | 9% | 18.4× | 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 | 001389.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -49.2% | -27.2% | lowest of 21 |
| 6-month return | -48.0% | -12.2% | 3rd lowest of 21 |
| Distance from 52-week high | -64.4% | -45.9% | 5th lowest of 21 |
| Revenue growth (TTM) | +76.7% | +16.5% | highest of 21 |
| Operating margin | 24.7% | 9.5% | 2nd highest of 21 |
| Forward P/E | 18.6× | 30.7× | 6th cheapest of 19 |
| ROIC minus cost of capital | +7.1 pp | -2.3 pp | 3rd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Delton Technology (Guangzhou) 001389.SZ | China | $4.43B | -48% | +77% | 25% | 18.6× | n/a | n/a |
| Camtek CAMT | United States | $4.53B | -53% | +12% | 23% | 19.6× | 29.7% | +26.1% |
| Silergy 6415.TW | Taiwan | $4.58B | -11% | +13% | 12% | 30.5× | n/a | n/a |
| Nantong Jianghai Capacitor 002484.SZ | China | $4.28B | -15% | +17% | 14% | 27.6× | 23.2% | +15.9% |
| Hirose Electric 6806.T | Japan | $4.23B | -4% | +21% | 22% | 17.5× | 8.4% | +9.6% |
| Guangdong Kingshine Electronic Technology 300903.SZ | China | $4.69B | +45% | +36% | 4% | 276.3× | n/a | n/a |
| Wuhan Jingce Electronic 300567.SZ | China | $4.80B | -14% | +31% | 0% | 119.3× | n/a | n/a |
| Optics Technology 300489.SZ | China | $4.07B | +101% | +40% | 11% | 125.0× | n/a | n/a |
| Sichuan Huafeng Technology 688629.SS | China | $4.85B | -49% | +46% | 9% | 87.5× | n/a | n/a |
| Shenzhen Jpt Opto-Electronics 688025.SS | China | $3.97B | -22% | +69% | 18% | 43.3× | 44.7% | +19.4% |
| Walsin Technology 2492.TW | Taiwan | $3.79B | +74% | +8% | 8% | 37.6× | 36.0% | +0.5% |
| Caihong Display Devices 600707.SS | China | $3.70B | -15% | -3% | 4% | 11.6× | 2.9% | +1.7% |
| Hamamatsu Photonics K.K 6965.T | Japan | $3.69B | -7% | +10% | 9% | 30.9× | 27.8% | +8.6% |
| Dynamic Electronics 603175.SS | China | $5.37B | -15% | +15% | 5% | n/a | n/a | n/a |
| Lotes 3533.TW | Taiwan | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% | +14.3% |
| Suntak Technology 002815.SZ | China | $3.61B | +2% | +31% | 10% | n/a | n/a | n/a |
| ITEQ 6213.TW | Taiwan | $5.45B | +75% | +16% | 9% | 16.6× | n/a | n/a |
| Xiamen Faratronic 600563.SS | China | $3.58B | -10% | +10% | 23% | 18.4× | 8.0% | +23.1% |
| Guizhou Space Appliance 002025.SZ | China | $3.56B | -29% | +22% | 3% | 63.7× | n/a | n/a |
| Taiyo Yuden 6976.T | Japan | $5.63B | +4% | +6% | 6% | 28.8× | 47.0% | +3.4% |
| Founder Technology 600601.SS | China | $5.70B | -27% | +73% | 19% | 47.6× | n/a | n/a |