Chinese optoelectronics company, likely making LED or display-related components.
Chinese optoelectronics company, likely making LED or display-related components.
Moat: none
Headquarters: Changchun, China · Employees: 1,804
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥887M | CN¥793M | CN¥740M | CN¥770M | CN¥624M |
| Revenue growth | — | +7% | -4% | +23% | — |
| Gross profit | CN¥296M | CN¥250M | CN¥238M | CN¥253M | CN¥172M |
| EBITDA | n/a | CN¥85.4M | CN¥93.3M | CN¥102M | CN¥67.7M |
| Net income | CN¥135M | CN¥80.5M | CN¥66.4M | CN¥86.6M | CN¥81.8M |
| Free cash flow | -CN¥48.3M | CN¥130M | -CN¥46.0M | CN¥41.4M | CN¥32.0M |
| Capital expenditure | CN¥103M | CN¥70.0M | CN¥17.4M | CN¥52.1M | CN¥30.8M |
| Total debt | CN¥519M | CN¥461M | CN¥385M | CN¥389M | CN¥338M |
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 | 002338.SZ | Peer median | Rank 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 margin | 1.7% | 8.9% | 5th lowest of 21 |
| Forward P/E | 43.4× | 18.1× | 5th most expensive of 16 |
| ROIC minus cost of capital | -7.0 pp | +0.7 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Changchun Up Optotech 002338.SZ | China | $1.34B | -39% | +22% | 2% | 43.4× | n/a | n/a |
| TKC 9746.T | Japan | $1.34B | +21% | +14% | 22% | 18.1× | -9.9% | +4.2% |
| Nittetsu Mining 1515.T | Japan | $1.34B | +10% | +13% | 9% | n/a | n/a | n/a |
| Central Mine Planning & Design Institute CMPDI.NS | India | $1.34B | -15% | +10% | 33% | n/a | 4.0% | +18.7% |
| Suzhou Novoprotein Scientific 688137.SS | China | $1.33B | +161% | +8% | -62% | n/a | n/a | n/a |
| SBS 2384.T | Japan | $1.38B | +32% | +22% | 6% | 14.1× | -8.2% | +13.8% |
| China Security 600654.SS | China | $1.39B | -31% | -30% | -1% | n/a | 56.7% | +0.4% |
| Wintech Nano (Suzhou) 688757.SS | China | $1.39B | -18% | +23% | 7% | n/a | n/a | n/a |
| Concord Biotech CONCORDBIO.NS | India | $1.40B | +2% | +4% | 28% | 38.2× | 47.1% | +11.6% |
| Siglent Technologies 688112.SS | China | $1.41B | -5% | +30% | 24% | 46.2× | 31.3% | +22.0% |
| Bajaj Mobility BMAG.SW | Switzerland | $1.28B | +86% | -47% | -44% | 10.4× | n/a | n/a |
| China National Electric Apparatus Research Institute 688128.SS | China | $1.42B | -12% | +8% | 11% | 15.5× | 4.0% | +13.5% |
| Derichebourg DBG.PA | France | $1.42B | -24% | -3% | 5% | 8.9× | 6.8% | +6.3% |
| Shanghai MicroPort EP Medtech 688351.SS | China | $1.27B | -23% | +20% | 3% | 135.2× | 41.7% | +26.7% |
| ICF International ICFI | United States | $1.43B | +14% | -8% | 8% | 10.8× | -2.2% | +4.4% |
| CRA International CRAI | United States | $1.24B | +42% | +11% | 10% | 22.4× | n/a | n/a |
| Shanxi Huaxiang 603112.SS | China | $1.24B | -26% | +9% | 11% | 12.1× | 1.4% | +16.2% |
| Suzhou Recodeal Interconnect System 688800.SS | China | $1.47B | -55% | +5% | 9% | 28.7× | 26.1% | +38.9% |
| Shanghai Medicilon 688202.SS | China | $1.47B | +18% | +42% | -2% | 91.8× | n/a | n/a |
| Vcanbio Cell & Gene Engineering 600645.SS | China | $1.23B | -32% | -6% | 12% | 45.0× | 11.0% | +1.9% |
| Taiwan Secom 9917.TW | Taiwan | $1.47B | -8% | +3% | 16% | 14.2× | -2.3% | +6.7% |