Chinese defense electronics company developing radar, information-countermeasure and optoelectronic systems for the military.
Chinese defense electronics company developing radar, information-countermeasure and optoelectronic systems for the military.
In one line: A Chinese state-linked defense-electronics/radar company.
Moat: narrow (regulatory licence, IP / patents). Defense-electronics manufacturing licence and military qualification restrict competition to a small approved supplier base.
Headquarters: Beijing, China · Employees: 1,694
Size Beijing LeiKe Defense Technology (002413.SZ) is a China Industrials company (Aerospace & Defense) with a market value of $1.39B, the 1759th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.15 on 6 Nov 2026.
Performance Over six months the shares fell 45.6%, against -17.5% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.
Growth Revenue fell 4.7% over the last twelve months (peer median +17.5%); the operating margin is -6.1% (peer median 2.8%).
Valuation It trades at 6.5× enterprise value to sales against a peer median of 4.7× (10th most expensive of 21).
Capital Return on invested capital runs 8.1 points below its cost of capital (8.6% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.41B | CN¥1.45B | CN¥1.24B | CN¥1.27B | CN¥1.36B |
| Revenue growth | — | +17% | -2% | -7% | — |
| Gross profit | CN¥518M | CN¥403M | CN¥345M | CN¥237M | CN¥303M |
| EBITDA | n/a | CN¥35.1M | -CN¥41.7M | -CN¥91.5M | -CN¥38.4M |
| Net income | -CN¥41.9M | -CN¥86.8M | -CN¥396M | -CN¥443M | -CN¥935M |
| Free cash flow | CN¥42.3M | CN¥202M | CN¥175M | CN¥183M | -CN¥162M |
| Capital expenditure | CN¥86.0M | CN¥58.5M | CN¥82.6M | CN¥42.7M | CN¥106M |
| Total debt | CN¥488M | CN¥408M | CN¥330M | CN¥552M | CN¥821M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Beijing LeiKe Defense Technology 002413.SZ | $1.39B | -46% | -5% | -6% | 6.5× | n/a |
| Glarun Technology 600562.SS | $5.43B | +6% | -8% | 21% | 11.0× | n/a |
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 | 002413.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.2% | -2.3% | 7th lowest of 21 |
| 6-month return | -45.6% | -17.5% | 4th lowest of 20 |
| Distance from 52-week high | -64.8% | -37.4% | 2nd lowest of 21 |
| Revenue growth (TTM) | -4.7% | +17.5% | 4th lowest of 21 |
| Operating margin | -6.1% | 2.8% | 5th lowest of 21 |
| EV / Sales | 6.5× | 4.7× | 10th most expensive of 21 |
| ROIC minus cost of capital | -8.1 pp | -5.7 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing LeiKe Defense Technology 002413.SZ | China | $1.39B | -46% | -5% | -6% | 6.5× | n/a | n/a |
| Hefei Jianghang Aircraft Equipment 688586.SS | China | $1.38B | -11% | -4% | 2% | 9.2× | 49.7% | +2.6% |
| Cadre CDRE | United States | $1.40B | +9% | +20% | 11% | 2.5× | 16.9% | +8.6% |
| Beijing Highlander Digital Technology 300065.SZ | China | $1.44B | -48% | -32% | -1% | 18.5× | n/a | n/a |
| Aerospace Industrial Development 2634.TW | Taiwan | $1.46B | +3% | +3% | 6% | 1.7× | 4.1% | +11.0% |
| Beijing Beimo High-tech Frictional Material 002985.SZ | China | $1.46B | -17% | +36% | 28% | 10.4× | n/a | n/a |
| AEVEX AVEX | United States | $1.29B | -59% | +143% | 11% | 3.4× | n/a | n/a |
| Magellan Aerospace MAL.TO | Canada | $1.29B | +17% | +15% | 9% | 1.7× | n/a | n/a |
| Xi'an Triangle Defense 300775.SZ | China | $1.50B | -39% | -29% | 2% | 8.3× | 31.7% | +21.0% |
| North Electro-Optic 600184.SS | China | $1.26B | -34% | +23% | 0% | 4.0× | n/a | n/a |
| H&k MLHK.PA | France | $1.25B | -10% | +36% | 18% | 2.5× | -4.2% | +7.4% |
| Aequs AEQUS.NS | India | $1.56B | +8% | +33% | -7% | 10.3× | n/a | n/a |
| Avio AVIO.MI | Italy | $1.60B | -2% | +14% | 1% | 1.5× | 26.1% | +10.6% |
| Sichuan 6912 Communication Technology 301592.SZ | China | $1.18B | -14% | -3% | 9% | 16.2× | n/a | n/a |
| Applied Aerospace & Defense AADX | United States | $1.67B | n/a | +35% | -10% | 3.6× | n/a | n/a |
| CIMC Safeway Technologies 301559.SZ | China | $1.14B | -24% | +13% | 4% | 1.9× | n/a | n/a |
| Montana Aerospace AERO.SW | Switzerland | $1.69B | -2% | -36% | 7% | 1.5× | 6.1% | +6.3% |
| Shaanxi Zhongtian Rocket Technology 003009.SZ | China | $1.10B | -26% | +42% | -6% | 6.7× | n/a | n/a |
| MTAR Technologies MTARTECH.NS | India | $1.77B | -18% | +108% | 20% | 12.5× | 48.5% | +29.2% |
| Electro Optic Systems EOS.AX | Australia | $1.08B | -18% | +225% | -7% | 5.5× | n/a | n/a |
| Guanglian Aviation Industry 300900.SZ | China | $1.07B | -51% | +1% | -10% | 8.6× | n/a | n/a |