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← CockpitCompetitor Analysis › 002338.SZ Changchun Up Optotech Co., Ltd. Class AOpen in the cockpit ↗

Changchun Up Optotech Co., Ltd. Class A002338.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Miscellaneous Commercial Services

Chinese optoelectronics company, likely making LED or display-related components.

Momentum weak 34
Mkt cap
$1.34B
US dollars, full cap
Free float
53%
of shares outstanding
$/day
$27.8M
20-day average traded
Fwd P/E
43.4×
forward earnings
ROIC−WACC
-7.0 pp
WACC 8.5%
Hurdle
n/a
no reverse DCF
Next earnings
172 days
27 Apr 2027
Close · CNYCN¥37.36
1D-2.6%
1W+6.7%
1M-5.5%
3M-4.4%
6M-38.8%
YTD-36.0%
1Y-31.5%
ATR %5.3%
52w lowhigh45.9% off high

What Changchun Up Optotech does

Chinese optoelectronics company, likely making LED or display-related components.

Products and services

  • Optoelectronic components

Customers

  • Display/LED product makers

Where it sits in the supply chain

  • Electronics
  • Optoelectronics
  • LED/display components

Moat: none

Headquarters: Changchun, China · Employees: 1,804

Changchun Up Optotech at a glance

Size Changchun Up Optotech (002338.SZ) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $1.34B, the 1802nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥37.36 on 6 Nov 2026.

Performance Over six months the shares fell 38.8%, against -6.6% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 21.6% over the last twelve months (peer median +8.6%); the operating margin is 1.7% (peer median 8.9%).

Valuation It trades at 43.4× forward earnings against a peer median of 18.1× (5th most expensive of 16).

Capital Return on invested capital runs 7.0 points below its cost of capital (8.5% WACC).

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 94002338.SZ 60
Six months, rebased to 100: Changchun Up Optotech against the median of its 20 peers (local-currency closes).

Changchun Up Optotech financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥887MCN¥793MCN¥740MCN¥770MCN¥624M
Revenue growth—+7%-4%+23%—
Gross profitCN¥296MCN¥250MCN¥238MCN¥253MCN¥172M
EBITDAn/aCN¥85.4MCN¥93.3MCN¥102MCN¥67.7M
Net incomeCN¥135MCN¥80.5MCN¥66.4MCN¥86.6MCN¥81.8M
Free cash flow-CN¥48.3MCN¥130M-CN¥46.0MCN¥41.4MCN¥32.0M
Capital expenditureCN¥103MCN¥70.0MCN¥17.4MCN¥52.1MCN¥30.8M
Total debtCN¥519MCN¥461MCN¥385MCN¥389MCN¥338M

Quarterly statements and history in the cockpit →

Changchun Up Optotech competitor charts

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.

Performance: 6-month against 1-month return

0%+50%-20%0%97461515CMPDI6881372384600654688757CONCORDBIO688112BMAG688128DBGICFICRAI6888006882026006459917002338.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Changchun Up Optotech is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%0×50×100×97462384CONCORDBIO688112BMAG688128DBG688351ICFICRAI688800688202600645002338.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Changchun Up Optotech is the large dot.

Changchun Up Optotech competitors and peer comparison

How Changchun Up Optotech compares with its peers

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.

Changchun Up Optotech against its 20 peers (data as of 6 Nov 2026)
Measure002338.SZPeer medianRank in peer set
1-month return-5.5%-8.0%9th highest of 21
6-month return-38.8%-6.6%2nd lowest of 21
Distance from 52-week high-45.9%-33.8%5th lowest of 21
Revenue growth (TTM)+21.6%+8.6%5th highest of 21
Operating margin1.7%8.9%5th lowest of 21
Forward P/E43.4×18.1×5th most expensive of 16
ROIC minus cost of capital-7.0 pp+0.7 pp5th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Changchun Up Optotech 002338.SZChina$1.34B-39%+22%2%43.4×n/an/a
TKC 9746.TJapan$1.34B+21%+14%22%18.1×-9.9%+4.2%
Nittetsu Mining 1515.TJapan$1.34B+10%+13%9%n/an/an/a
Central Mine Planning & Design Institute CMPDI.NSIndia$1.34B-15%+10%33%n/a4.0%+18.7%
Suzhou Novoprotein Scientific 688137.SSChina$1.33B+161%+8%-62%n/an/an/a
SBS 2384.TJapan$1.38B+32%+22%6%14.1×-8.2%+13.8%
China Security 600654.SSChina$1.39B-31%-30%-1%n/a56.7%+0.4%
Wintech Nano (Suzhou) 688757.SSChina$1.39B-18%+23%7%n/an/an/a
Concord Biotech CONCORDBIO.NSIndia$1.40B+2%+4%28%38.2×47.1%+11.6%
Siglent Technologies 688112.SSChina$1.41B-5%+30%24%46.2×31.3%+22.0%
Bajaj Mobility BMAG.SWSwitzerland$1.28B+86%-47%-44%10.4×n/an/a
China National Electric Apparatus Research Institute 688128.SSChina$1.42B-12%+8%11%15.5×4.0%+13.5%
Derichebourg DBG.PAFrance$1.42B-24%-3%5%8.9×6.8%+6.3%
Shanghai MicroPort EP Medtech 688351.SSChina$1.27B-23%+20%3%135.2×41.7%+26.7%
ICF International ICFIUnited States$1.43B+14%-8%8%10.8×-2.2%+4.4%
CRA International CRAIUnited States$1.24B+42%+11%10%22.4×n/an/a
Shanxi Huaxiang 603112.SSChina$1.24B-26%+9%11%12.1×1.4%+16.2%
Suzhou Recodeal Interconnect System 688800.SSChina$1.47B-55%+5%9%28.7×26.1%+38.9%
Shanghai Medicilon 688202.SSChina$1.47B+18%+42%-2%91.8×n/an/a
Vcanbio Cell & Gene Engineering 600645.SSChina$1.23B-32%-6%12%45.0×11.0%+1.9%
Taiwan Secom 9917.TWTaiwan$1.47B-8%+3%16%14.2×-2.3%+6.7%

Questions

Which companies are Changchun Up Optotech's closest peers?
The cockpit's peer set: TKC (9746.T), Nittetsu Mining (1515.T), Central Mine Planning & Design Institute (CMPDI.NS), Suzhou Novoprotein Scientific (688137.SS), SBS (2384.T), China Security (600654.SS), Wintech Nano (Suzhou) (688757.SS), Concord Biotech (CONCORDBIO.NS).
Is Changchun Up Optotech expensive compared with its peers?
On forward p/e it trades at 43.4× against a peer median of 18.1×, 5th most expensive of 16 in its peer set.
How has Changchun Up Optotech stock performed?
Over six months to 6 Nov 2026 the shares returned -38.8% against -6.6% for the median peer; over one year -31.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.