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Chinese operator of a B2B foreign-trade platform (Made-in-China.com) connecting Chinese suppliers with global buyers.
Chinese operator of a B2B foreign-trade platform (Made-in-China.com) connecting Chinese suppliers with global buyers.
Earns mainly from yearly membership fees paid by Chinese suppliers for listings and promotion on the platform, while overseas buyers use it free. Income therefore depends on how many suppliers renew and upgrade, which in turn depends on their appetite for export marketing.
In one line: A China-based Alibaba.com competitor.
Moat: narrow (network effects, brand). Established two-sided marketplace brand for China sourcing, though smaller than Alibaba.com.
Headquarters: Nanjing, China · Employees: 1,523
Size Focus Technology (002315.SZ) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $1.86B, the 1349th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥30.02 on 6 Nov 2026.
Performance Over six months the shares fell 1.4%, against -6.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 13.5% over the last twelve months (peer median +9.1%); the operating margin is 23.9% (peer median 11.9%).
Valuation It trades at 22.1× forward earnings against a peer median of 21.7× (9th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 26.2 points above its cost of capital (6.1% WACC).
Next results Next results expected around 15 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.12B | CN¥1.91B | CN¥1.66B | CN¥1.52B | CN¥1.47B |
| Revenue growth | — | +15% | +9% | +3% | — |
| Gross profit | CN¥1.68B | CN¥1.46B | CN¥1.27B | CN¥1.15B | CN¥1.11B |
| EBITDA | n/a | CN¥535M | CN¥485M | CN¥397M | CN¥360M |
| Net income | CN¥515M | CN¥504M | CN¥451M | CN¥379M | CN¥300M |
| Free cash flow | CN¥960M | CN¥892M | CN¥711M | CN¥592M | CN¥446M |
| Capital expenditure | CN¥26.5M | CN¥17.3M | CN¥20.3M | CN¥71.3M | CN¥45.0M |
| Total debt | CN¥8.98M | CN¥15.0M | CN¥20.2M | CN¥34.0M | CN¥41.2M |
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 | 002315.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +24.3% | +3.5% | 2nd highest of 21 |
| 6-month return | -1.4% | -6.6% | 10th highest of 21 |
| Distance from 52-week high | -38.5% | -30.7% | 9th lowest of 21 |
| Revenue growth (TTM) | +13.5% | +9.1% | 8th highest of 19 |
| Operating margin | 23.9% | 11.9% | 5th highest of 20 |
| Forward P/E | 22.1× | 21.7× | 9th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 3.2% | 9.2% | 5th least demanding of 13 |
| Growth delivered (Del g) | +10.6% | +10.5% | 7th highest of 13 |
| Hurdle (Req g minus delivered) | -7.5 pp | -4.0 pp | 7th least demanding of 13 |
| ROIC minus cost of capital | +26.2 pp | +1.0 pp | 2nd highest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Focus Technology 002315.SZ | China | $1.86B | -1% | +14% | 24% | 22.1× | 3.2% | +10.6% |
| International Gemological Institute IGIL.NS | India | $1.86B | +12% | +21% | 58% | 24.4× | 14.6% | +37.6% |
| Teemsun Technology 301571.SZ | China | $1.86B | 0% | +61% | 22% | n/a | n/a | n/a |
| Insperity NSP | United States | $1.90B | +53% | +2% | 0% | 19.9× | 19.5% | +9.7% |
| Jiangsu Guotai International 002091.SZ | China | $1.91B | -11% | +7% | 6% | 10.0× | -20.9% | +5.5% |
| Beijing Orient EcoEnergy 002310.SZ | China | $1.81B | -24% | +35% | 12% | n/a | 36.4% | -47.6% |
| Xi'an Taijin New Energy & Materials Sci-Tech 688813.SS | China | $1.93B | -13% | n/a | n/a | n/a | n/a | n/a |
| Hoist Finance HOFI.ST | Sweden | $1.79B | +29% | +16% | 30% | 11.9× | n/a | n/a |
| China Conch Venture 0586.HK | Hong Kong | $1.79B | -36% | +21% | 18% | 5.5× | n/a | n/a |
| Prosegur Compania de Seguridad PSG.MC | Spain | $1.79B | +9% | +1% | 6% | 11.8× | -5.3% | +6.7% |
| Syngene International SYNGENE.NS | India | $1.78B | -11% | -6% | 13% | 67.8× | 35.3% | +11.4% |
| Heron Neutron Medical 7799.TW | Taiwan | $1.94B | +15% | n/a | -5,071% | 380.6× | n/a | n/a |
| Anhui XDLK Microsystem 688582.SS | China | $1.95B | -36% | -38% | 21% | 37.3× | 55.7% | +37.0% |
| Choice International CHOICEIN.NS | India | $1.76B | +8% | +34% | 27% | 49.8× | n/a | n/a |
| Ipsos IPS.PA | France | $1.74B | -3% | +3% | 12% | 7.0× | -10.8% | +6.6% |
| GRG Metrology & Test 002967.SZ | China | $1.72B | -16% | +13% | 13% | 22.7× | 3.9% | +14.4% |
| Visual China 000681.SZ | China | $1.71B | -25% | -9% | 4% | 44.0× | n/a | n/a |
| Guangdong Feinan Resources Recycling 301500.SZ | China | $1.68B | -31% | +42% | 7% | n/a | n/a | n/a |
| Kruk KRU.WA | Poland | $1.65B | -22% | +8% | 77% | 6.9× | -2.1% | +16.8% |
| Healthcare Services HCSG | United States | $1.64B | +5% | +4% | 6% | 20.6× | 3.4% | +0.9% |
| PharmaBlock Sciences (Nanjing) 300725.SZ | China | $1.61B | +16% | +11% | 11% | 44.6× | 27.8% | +14.1% |