Chinese maker of electrical and optoelectronic connectors and cable assemblies for aerospace, defense and telecom equipment.
Chinese maker of electrical and optoelectronic connectors and cable assemblies for aerospace, defense and telecom equipment.
Sells connectors and cable assemblies that are designed into aircraft, missiles, ships and satellites years before production, so orders follow state defense programs and arrive in uneven batches. It belongs to the state-owned aviation group AVIC. Telecom and new-energy vehicle connectors are growing civilian lines.
In one line: China's Amphenol/TE Connectivity for aerospace connectors.
Moat: narrow (customer qualification, IP / patents). Qualified supplier on defense/space programs where switching connector vendors mid-program is costly.
Headquarters: Luoyang, China · Founded: 1993 · Employees: 19,493
Size Jonhon Optronic Technology (002179.SZ) is a China Industrials company (Aerospace & Defense) with a market value of $10.7B, the 233rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥34.01 on 6 Nov 2026.
Performance Over six months the shares fell 7.0%, against -12.9% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 5.5% over the last twelve months (peer median +16.7%); the operating margin is 11.3% (peer median 9.1%).
Valuation It trades at 30.4× forward earnings against a peer median of 27.6× (10th most expensive of 21).
Capital Return on invested capital runs 2.5 points above its cost of capital (5.9% WACC).
Next results Next results expected around 15 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥23.7B | CN¥21.3B | CN¥20.6B | CN¥20.0B | CN¥15.8B |
| Revenue growth | — | +3% | +3% | +27% | — |
| Gross profit | CN¥7.32B | CN¥5.96B | CN¥7.32B | CN¥7.42B | CN¥5.66B |
| EBITDA | n/a | CN¥3.19B | CN¥4.10B | CN¥3.74B | CN¥2.95B |
| Net income | CN¥2.36B | CN¥2.16B | CN¥3.35B | CN¥3.34B | CN¥2.72B |
| Free cash flow | -CN¥345M | CN¥45.2M | CN¥687M | CN¥741M | CN¥639M |
| Capital expenditure | CN¥1.54B | CN¥1.58B | CN¥1.54B | CN¥2.39B | CN¥1.52B |
| Total debt | CN¥5.84B | CN¥6.22B | CN¥7.59B | CN¥6.59B | CN¥6.91B |
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 |
|---|---|---|---|---|---|---|
| Jonhon Optronic Technology 002179.SZ | $10.7B | -7% | +6% | 11% | 30.4× | n/a |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
| Hongli Zhihui 300219.SZ | $638M | -22% | +10% | 3% | n/a | 8.3% |
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 | 002179.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.5% | -2.8% | 10th highest of 21 |
| 6-month return | -7.0% | -12.9% | 8th highest of 21 |
| Distance from 52-week high | -28.0% | -34.3% | 8th highest of 21 |
| Revenue growth (TTM) | +5.5% | +16.7% | 4th lowest of 21 |
| Operating margin | 11.3% | 9.1% | 7th highest of 21 |
| Forward P/E | 30.4× | 27.6× | 10th most expensive of 21 |
| ROIC minus cost of capital | +2.5 pp | +0.8 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jonhon Optronic Technology 002179.SZ | China | $10.7B | -7% | +6% | 11% | 30.4× | n/a | n/a |
| BWX Technologies BWXT | United States | $11.0B | -42% | +18% | 10% | 23.8× | 19.6% | +8.5% |
| Moog MOG-A | United States | $10.3B | +3% | +16% | 12% | 27.8× | 15.1% | +6.0% |
| Hensoldt HAG.DE | Germany | $10.0B | +2% | +15% | 10% | 41.3× | 12.2% | +15.3% |
| Huntington Ingalls Industries HII | United States | $11.4B | -8% | +13% | 5% | 14.4× | 5.3% | +5.9% |
| AVIC Xi'an Aircraft Industry 000768.SZ | China | $9.92B | +1% | -34% | 3% | 55.7× | n/a | n/a |
| Crane CR | United States | $11.6B | +11% | +22% | 18% | 25.8× | 17.5% | -3.5% |
| Leonardo DRS DRS | United States | $9.08B | -18% | +9% | 11% | 23.1× | 4.6% | +5.6% |
| Raytron Technology 688002.SS | China | $8.64B | -15% | +84% | 29% | 26.4× | 20.1% | +32.1% |
| AVIC Airborne Systems 600372.SS | China | $8.36B | -11% | -2% | 5% | 48.1× | n/a | n/a |
| Embraer S.A. Sponsored ADR EMBJ | United States | $14.1B | +23% | +20% | 8% | 23.6× | 16.9% | +14.5% |
| Textron TXT | United States | $14.2B | -8% | +9% | 7% | 11.9× | 8.3% | +4.9% |
| Melrose Industries MRO.L | United Kingdom | $7.80B | -4% | +9% | 11% | 13.4× | 15.3% | -12.8% |
| Csg CSG.AS | Netherlands | $14.6B | -20% | +72% | 25% | 11.7× | n/a | n/a |
| Korea Aerospace 047810.KS | South Korea | $7.37B | -39% | +44% | 6% | 45.4× | n/a | n/a |
| AECC Aviation Power 600893.SS | China | $15.8B | -15% | +18% | 2% | 173.7× | n/a | n/a |
| Loar LOAR | United States | $7.05B | +26% | +30% | 25% | 52.2× | 29.1% | +27.5% |
| Hanwha Systems 272210.KS | South Korea | $6.93B | -57% | +30% | 6% | 82.5× | n/a | n/a |
| Curtiss-Wright CW | United States | $17.1B | -36% | +11% | 19% | 27.4× | 16.2% | +7.9% |
| Kratos Defense & Security Solutions KTOS | United States | $6.59B | -39% | +26% | 2% | 36.4× | n/a | n/a |
| China Aerospace Times Electronics 600879.SS | China | $6.43B | -46% | -13% | 1% | 130.0× | n/a | n/a |