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Chinese maker of acoustic components (speakers, microphones) and contract assembler of AirPods and VR/AR headsets for global tech brands.
Chinese maker of acoustic components (speakers, microphones) and contract assembler of AirPods and VR/AR headsets for global tech brands.
Earns by assembling devices for brand customers, paid per unit on low margins, and by selling acoustic and sensor parts that carry better margins, so product mix and a few big programs decide results. It is controlled by its founders, Jiang Bin and Hu Shuangmei.
In one line: A hybrid of Knowles' acoustics and a VR-focused Foxconn assembly line.
Moat: narrow (scale, customer qualification, process know-how). Deep co-engineering ties and qualified assembly-line scale with Apple/Meta, but assembly margins stay thin.
Headquarters: Weifang, China · Founded: 2001 · Employees: 111,585
Size GoerTek (002241.SZ) is a China Information Technology company (Computer Processing Hardware) with a market value of $13.1B, the 185th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.61 on 6 Nov 2026.
Performance Over six months the shares gained 0.5%, against +7.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue fell 2.8% over the last twelve months (peer median +32.0%); the operating margin is 2.2% (peer median 3.8%).
Valuation It trades at 25.5× forward earnings against a peer median of 13.2× (5th most expensive of 16).
Capital Return on invested capital runs 1.1 points above its cost of capital (6.3% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥96.7B | CN¥96.4B | CN¥101B | CN¥98.5B | CN¥105B |
| Revenue growth | — | -4% | +2% | -6% | — |
| Gross profit | CN¥13.9B | CN¥10.1B | CN¥9.81B | CN¥7.62B | CN¥10.6B |
| EBITDA | n/a | CN¥6.16B | CN¥6.89B | CN¥4.95B | CN¥5.77B |
| Net income | CN¥3.97B | CN¥3.94B | CN¥2.67B | CN¥1.09B | CN¥1.75B |
| Free cash flow | -CN¥6.44B | -CN¥157M | CN¥2.64B | CN¥1.26B | CN¥139M |
| Capital expenditure | CN¥9.38B | CN¥7.13B | CN¥3.63B | CN¥6.95B | CN¥8.09B |
| Total debt | CN¥31.6B | CN¥24.9B | CN¥18.6B | CN¥18.0B | CN¥15.7B |
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 |
|---|---|---|---|---|---|---|
| GoerTek 002241.SZ | $13.1B | 0% | -3% | 2% | 25.5× | n/a |
| Luxshare Precision Industry 002475.SZ | $57.7B | -25% | +27% | 4% | 18.9× | n/a |
| AAC Technologies 2018.HK | $5.60B | -4% | +16% | 8% | 13.8× | 1.2% |
| Hon Hai Precision Industry 2317.TW | $95.6B | -3% | +25% | 4% | 10.5× | n/a |
| Knowles KN | $2.65B | -11% | +16% | 15% | 19.1× | 26.3% |
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 | 002241.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +13.4% | -15.1% | 2nd highest of 21 |
| 6-month return | +0.5% | +7.5% | 10th lowest of 20 |
| Distance from 52-week high | -29.5% | -39.4% | 8th highest of 21 |
| Revenue growth (TTM) | -2.8% | +32.0% | 4th lowest of 20 |
| Operating margin | 2.2% | 3.8% | 9th lowest of 20 |
| Forward P/E | 25.5× | 13.2× | 5th most expensive of 16 |
| ROIC minus cost of capital | +1.1 pp | +1.1 pp | 10th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| GoerTek 002241.SZ | China | $13.1B | 0% | -3% | 2% | 25.5× | n/a | n/a |
| IonQ IONQ | United States | $14.0B | -34% | +371% | -392% | n/a | n/a | n/a |
| IEIT SYSTEMS Co., Ltd.Class A 000977.SZ | China | $12.1B | -21% | +14% | 3% | 14.3× | 7.7% | +21.2% |
| Lingyi iTech (Guangdong) 002600.SZ | China | $14.2B | -17% | +9% | 6% | 30.9× | n/a | n/a |
| Advantech 2395.TW | Taiwan | $14.5B | +39% | +40% | 19% | 22.5× | 9.5% | +6.8% |
| Sharetronic Data Technology 300857.SZ | China | $11.4B | -40% | +127% | 21% | 39.5× | n/a | n/a |
| Zebra Technologies ZBRA | United States | $15.2B | +42% | +17% | 17% | 14.9× | 14.8% | +4.1% |
| Wistron 3231.TW | Taiwan | $16.3B | +13% | +107% | 4% | 8.1× | n/a | n/a |
| Dawning Information Industry 603019.SS | China | $16.8B | -17% | +32% | 13% | 38.4× | 31.2% | +8.0% |
| Quantinuum QNT | United States | $9.89B | n/a | +35% | -644% | n/a | n/a | n/a |
| Supermicro SMCI | United States | $18.9B | -19% | +156% | 9% | 4.8× | n/a | n/a |
| Asustek Computer 2357.TW | Taiwan | $19.3B | +55% | +32% | 6% | 11.4× | n/a | n/a |
| Pegatron 4938.TW | Taiwan | $7.52B | +14% | -6% | 1% | 13.1× | n/a | n/a |
| SeeYA Technology 688781.SS | China | $7.11B | +17% | n/a | n/a | n/a | n/a | n/a |
| Inventec 2356.TW | Taiwan | $5.71B | +12% | +16% | 2% | 13.2× | n/a | n/a |
| Lenovo 0992.HK | Hong Kong | $30.8B | +50% | +26% | 5% | 8.2× | -15.0% | +6.6% |
| China Greatwall Technology 000066.SZ | China | $5.40B | -42% | +28% | -1% | 81.7× | n/a | n/a |
| Guangzhou Shiyuan Electronic Technology 002841.SZ | China | $4.37B | +13% | +35% | 8% | 11.2× | -2.7% | +7.3% |
| Compal Electronics 2324.TW | Taiwan | $4.15B | +8% | -4% | 1% | 12.9× | n/a | n/a |
| QBTS QBTS | United States | $4.05B | -25% | -44% | -1,373% | n/a | n/a | n/a |
| RGTI RGTI | United States | $3.92B | -38% | +68% | -728% | n/a | n/a | n/a |