Employees: 1,545
Size Qiming Information Technology (002232.SZ) is a China Information Technology company (Information Technology Services) with a market value of $822M, the 2687th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.42 on 6 Nov 2026.
Performance Over six months the shares fell 24.1%, against +13.5% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 3.6% over the last twelve months (peer median +3.9%); the operating margin is 1.3% (peer median 3.5%).
Valuation It trades at 6.0× enterprise value to sales against a peer median of 2.5× (6th most expensive of 21).
Capital Return on invested capital runs 4.2 points below its cost of capital (10.9% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥817M | CN¥771M | CN¥868M | CN¥1.24B | CN¥1.54B |
| Revenue growth | — | -11% | -30% | -19% | — |
| Gross profit | CN¥225M | CN¥161M | CN¥121M | CN¥153M | CN¥248M |
| EBITDA | n/a | CN¥83.8M | CN¥48.9M | CN¥49.0M | CN¥74.8M |
| Net income | CN¥25.8M | CN¥32.5M | CN¥4.08M | CN¥29.3M | CN¥73.2M |
| Free cash flow | -CN¥16.4M | CN¥41.7M | -CN¥8.24M | CN¥206M | -CN¥138M |
| Capital expenditure | CN¥78.5M | CN¥73.0M | CN¥49.8M | CN¥80.7M | CN¥61.3M |
| Total debt | CN¥331,805 | CN¥556,015 | CN¥1.91M | CN¥2.62M | CN¥3.70M |
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 | 002232.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.6% | +2.0% | lowest of 21 |
| 6-month return | -24.1% | +13.5% | 4th lowest of 21 |
| Distance from 52-week high | -39.4% | -30.7% | 10th lowest of 21 |
| Revenue growth (TTM) | -3.6% | +3.9% | 10th lowest of 21 |
| Operating margin | 1.3% | 3.5% | 11th highest of 21 |
| EV / Sales | 6.0× | 2.5× | 6th most expensive of 21 |
| ROIC minus cost of capital | -4.2 pp | -0.3 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Qiming Information Technology 002232.SZ | China | $822M | -24% | -4% | 1% | 6.0× | n/a | n/a |
| Global Security Experts 4417.T | Japan | $822M | +239% | +25% | 21% | 10.5× | 34.4% | +30.2% |
| GFT Technologies GFT.DE | Germany | $819M | +35% | +3% | 6% | 0.9× | 3.7% | +14.8% |
| Beijing Watertek Information Technology 300324.SZ | China | $834M | -35% | -44% | -32% | 3.4× | n/a | n/a |
| Memsensing Microsystems (Suzhou China) 688286.SS | China | $807M | +46% | -7% | -6% | 9.0× | 48.4% | +13.4% |
| MediaAlpha MAX | United States | $841M | +56% | +15% | 7% | 0.8× | -0.7% | +13.7% |
| OneSpan OSPN | United States | $797M | +77% | +5% | 18% | 3.0× | 14.6% | +2.4% |
| Beijing E-Hualu Information Technology 300212.SZ | China | $794M | +13% | -23% | -702% | 31.2× | 47.3% | -29.0% |
| SNP Schneider-Neureither & Partner SHF.DE | Germany | $793M | +18% | +15% | 20% | 2.2× | 2.8% | +15.6% |
| Addnode ANOD-B.ST | Sweden | $859M | +35% | +5% | 10% | 1.9× | 4.5% | +8.8% |
| Yunnan Nantian Electronics Information 000948.SZ | China | $783M | -8% | -8% | 1% | 0.8× | 15.7% | +18.7% |
| Chutian Dragon 003040.SZ | China | $869M | -15% | -23% | -7% | 6.7× | n/a | n/a |
| Mitek Systems MITK | United States | $778M | +10% | +11% | 18% | 3.7× | 10.9% | +12.1% |
| TechMatrix 3762.T | Japan | $762M | +67% | +15% | 10% | 1.4× | -7.5% | +18.3% |
| Beijing Join-Cheer Software 002279.SZ | China | $750M | -22% | -34% | 0% | 2.2× | 41.2% | -1.7% |
| ArcherMind Technology 300598.SZ | China | $906M | -24% | +7% | -5% | 2.8× | n/a | n/a |
| Tanla Platforms TANLA.NS | India | $915M | +14% | +18% | 14% | 1.6× | 15.0% | +13.5% |
| Beijing Philisense Technology 300287.SZ | China | $736M | -21% | -52% | -25% | 22.1× | n/a | n/a |
| Sinodata 002657.SZ | China | $734M | -30% | -31% | -33% | 5.6× | n/a | n/a |
| Asseco South Eastern Europe ASE.WA | Poland | $940M | +20% | +7% | 16% | 1.9× | -0.9% | +11.9% |
| Insigma Technology 600797.SS | China | $943M | -28% | -13% | 0% | 2.0× | 20.0% | -2.9% |