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China's leading construction-cost estimation and BIM software provider for architects, contractors and owners.
China's leading construction-cost estimation and BIM software provider for architects, contractors and owners.
Charges contractors and developers for software that estimates construction quantities and costs, built around local construction-cost rules, which makes it a bidding tool. It has been shifting from selling perpetual licences to annual cloud subscriptions, which smooths revenue but lowers upfront income.
In one line: A Chinese hybrid of Autodesk (BIM) and RSMeans (cost data).
Moat: narrow (switching costs, installed base, data). Proprietary regional cost databases and entrenched workflows make switching costly.
Headquarters: Beijing, China · Founded: 1998 · Employees: 7,676
Size Glodon (002410.SZ) is a China Information Technology company (Information Technology Services) with a market value of $2.15B, the 1180th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.71 on 6 Nov 2026.
Performance Over six months the shares fell 20.7%, against -7.6% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 4.1% over the last twelve months (peer median +9.8%); the operating margin is 8.0% (peer median 11.2%).
Valuation It trades at 31.6× forward earnings against a peer median of 22.6× (8th most expensive of 19).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.1 points above its cost of capital (9.5% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.89B | CN¥6.06B | CN¥6.20B | CN¥6.53B | CN¥6.55B |
| Revenue growth | — | -2% | -5% | 0% | — |
| Gross profit | CN¥5.11B | CN¥4.74B | CN¥4.76B | CN¥4.98B | CN¥5.19B |
| EBITDA | n/a | CN¥1.08B | CN¥792M | CN¥699M | CN¥1.29B |
| Net income | CN¥368M | CN¥405M | CN¥250M | CN¥116M | CN¥967M |
| Free cash flow | CN¥972M | CN¥769M | CN¥773M | CN¥52.6M | CN¥829M |
| Capital expenditure | CN¥274M | CN¥312M | CN¥437M | CN¥611M | CN¥850M |
| Total debt | CN¥89.2M | CN¥119M | CN¥124M | CN¥367M | CN¥516M |
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 |
|---|---|---|---|---|---|---|
| Glodon 002410.SZ | $2.15B | -21% | -4% | 8% | 31.6× | 5.4% |
| Autodesk ADSK | $54.7B | +7% | +19% | 23% | 20.1× | 18.1% |
| Trimble TRMB | $12.6B | -11% | +7% | 18% | 13.6× | 15.3% |
| Nemetschek NEM.DE | $8.39B | +10% | +13% | 26% | 29.9× | 11.1% |
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 | 002410.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.2% | -2.9% | 6th highest of 21 |
| 6-month return | -20.7% | -7.6% | 6th lowest of 21 |
| Distance from 52-week high | -46.8% | -32.4% | 6th lowest of 21 |
| Revenue growth (TTM) | -4.1% | +9.8% | 3rd lowest of 21 |
| Operating margin | 8.0% | 11.2% | 8th lowest of 21 |
| Forward P/E | 31.6× | 22.6× | 8th most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | 5.4% | 19.2% | 6th least demanding of 15 |
| Growth delivered (Del g) | +8.8% | +8.3% | 8th highest of 15 |
| Hurdle (Req g minus delivered) | -3.4 pp | +9.3 pp | 6th least demanding of 15 |
| ROIC minus cost of capital | +14.1 pp | +4.7 pp | 4th highest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Glodon 002410.SZ | China | $2.15B | -21% | -4% | 8% | 31.6× | 5.4% | +8.8% |
| Beijing Teamsun Technology 600410.SS | China | $2.09B | -42% | +19% | -9% | n/a | 26.0% | +3.6% |
| Posco Dx 022100.KS | South Korea | $2.24B | -43% | -15% | 3% | 69.6× | 34.8% | +2.2% |
| Hand Enterprise Solutions 300170.SZ | China | $2.24B | -26% | +7% | 6% | 48.8× | 27.4% | +6.5% |
| Globant GLOB | United States | $2.05B | +21% | -1% | 10% | 8.0× | -1.2% | +24.7% |
| Tieto TIETO.HE | Finland | $2.26B | -5% | -17% | 20% | 10.4× | -6.4% | -7.8% |
| PC Connection CNXN | United States | $2.00B | +19% | +10% | 4% | 16.6× | n/a | n/a |
| Atea ATEA.OL | Norway | $1.99B | +6% | +12% | 4% | 16.4× | -5.0% | -1.1% |
| GMO Internet 9449.T | Japan | $1.94B | -4% | +6% | 21% | 13.4× | n/a | n/a |
| Kainos KNOS.L | United Kingdom | $1.92B | +57% | +17% | 11% | 23.2× | 21.7% | +12.9% |
| HMS Networks HMS.ST | Sweden | $2.41B | -17% | +15% | 27% | 31.9× | 14.3% | +19.5% |
| OVH Groupe OVH.PA | France | $2.41B | +17% | +6% | 38% | 46.6× | n/a | n/a |
| Beijing Ultrapower Software 300002.SZ | China | $2.43B | -14% | +9% | 15% | 20.4× | 4.2% | +10.2% |
| Netcompany Group A/S NETC.CO | Denmark | $2.44B | +1% | +30% | 11% | 20.4× | n/a | n/a |
| Computer Age Management Services CAMS.NS | India | $1.87B | -15% | +9% | 39% | 32.3× | n/a | n/a |
| Concentrix CNXC | United States | $1.85B | +25% | +3% | 8% | 2.6× | -11.9% | +15.8% |
| Tata Elxsi TATAELXSI.NS | India | $2.52B | -10% | +10% | 20% | 32.7× | 25.3% | +15.5% |
| Fastly FSLY | United States | $2.52B | -23% | +20% | -12% | 24.4× | 37.8% | +16.5% |
| Sigma Advanced Systems SIGMAADV.NS | India | $1.83B | +196% | +358% | 12% | n/a | n/a | n/a |
| Hangzhou Turbine Power 300277.SZ | China | $2.57B | -37% | +1,784% | 3% | 33.2× | 36.4% | -10.7% |
| A10 Networks ATEN | United States | $1.80B | -11% | +12% | 17% | 22.0× | 16.7% | +5.2% |