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← CockpitCompetitor Analysis › 002413.SZ Beijing LeiKe Defense Technology Co Ltd Class AOpen in the cockpit ↗

Beijing LeiKe Defense Technology Co Ltd Class A002413.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Aerospace & Defense

Chinese defense electronics company developing radar, information-countermeasure and optoelectronic systems for the military.

≈ A Chinese state-linked defense-electronics/radar companyMomentum laggard 11
Mkt cap
$1.39B
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$79.6M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-8.1 pp
WACC 8.6%
Hurdle
n/a
no reverse DCF
Next earnings
164 days
19 Apr 2027
Close · CNYCN¥7.15
1D-2.9%
1W+0.8%
1M-16.2%
3M-12.1%
6M-45.6%
YTD-43.0%
1Y+31.7%
ATR %5.7%
52w lowhigh64.8% off high

What Beijing LeiKe Defense Technology does

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.

Products and services

  • Radar systems
  • Electronic countermeasure/information systems

Customers

  • Chinese military

Where it sits in the supply chain

  • Industrials
  • Aerospace & defense
  • Radar & electronic-warfare systems

What could go right

  • Domestic defense electronics procurement growth

What could go wrong

  • Reliance on state defense budgets
  • Limited financial transparency

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

Named competitors

Beijing LeiKe Defense Technology at a glance

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).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 84002413.SZ 54
Six months, rebased to 100: Beijing LeiKe Defense Technology against the median of its 20 peers (local-currency closes).

Beijing LeiKe Defense Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.41BCN¥1.45BCN¥1.24BCN¥1.27BCN¥1.36B
Revenue growth—+17%-2%-7%—
Gross profitCN¥518MCN¥403MCN¥345MCN¥237MCN¥303M
EBITDAn/aCN¥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 flowCN¥42.3MCN¥202MCN¥175MCN¥183M-CN¥162M
Capital expenditureCN¥86.0MCN¥58.5MCN¥82.6MCN¥42.7MCN¥106M
Total debtCN¥488MCN¥408MCN¥330MCN¥552MCN¥821M

Quarterly statements and history in the cockpit →

Beijing LeiKe Defense Technology 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

-60%-40%-20%0%+20%-20%0%+20%688586CDRE3000652634002985AVEXMAL300775600184MLHKAEQUSAVIO301592301559003009MTARTECHEOS300900002413.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Beijing LeiKe Defense Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%5×10×15×688586CDRE3000652634002985AVEXMAL300775600184MLHKAEQUS301592AERO003009MTARTECHEOS300900002413.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Beijing LeiKe Defense Technology is the large dot.

Beijing LeiKe Defense Technology competitors and peer comparison

Head to head with its named competitors (002413.SZ vs 600562.SS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq 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

How Beijing LeiKe Defense Technology 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.

Beijing LeiKe Defense Technology against its 20 peers (data as of 6 Nov 2026)
Measure002413.SZPeer medianRank 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 / Sales6.5×4.7×10th most expensive of 21
ROIC minus cost of capital-8.1 pp-5.7 pp7th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Beijing LeiKe Defense Technology 002413.SZChina$1.39B-46%-5%-6%6.5×n/an/a
Hefei Jianghang Aircraft Equipment 688586.SSChina$1.38B-11%-4%2%9.2×49.7%+2.6%
Cadre CDREUnited States$1.40B+9%+20%11%2.5×16.9%+8.6%
Beijing Highlander Digital Technology 300065.SZChina$1.44B-48%-32%-1%18.5×n/an/a
Aerospace Industrial Development 2634.TWTaiwan$1.46B+3%+3%6%1.7×4.1%+11.0%
Beijing Beimo High-tech Frictional Material 002985.SZChina$1.46B-17%+36%28%10.4×n/an/a
AEVEX AVEXUnited States$1.29B-59%+143%11%3.4×n/an/a
Magellan Aerospace MAL.TOCanada$1.29B+17%+15%9%1.7×n/an/a
Xi'an Triangle Defense 300775.SZChina$1.50B-39%-29%2%8.3×31.7%+21.0%
North Electro-Optic 600184.SSChina$1.26B-34%+23%0%4.0×n/an/a
H&k MLHK.PAFrance$1.25B-10%+36%18%2.5×-4.2%+7.4%
Aequs AEQUS.NSIndia$1.56B+8%+33%-7%10.3×n/an/a
Avio AVIO.MIItaly$1.60B-2%+14%1%1.5×26.1%+10.6%
Sichuan 6912 Communication Technology 301592.SZChina$1.18B-14%-3%9%16.2×n/an/a
Applied Aerospace & Defense AADXUnited States$1.67Bn/a+35%-10%3.6×n/an/a
CIMC Safeway Technologies 301559.SZChina$1.14B-24%+13%4%1.9×n/an/a
Montana Aerospace AERO.SWSwitzerland$1.69B-2%-36%7%1.5×6.1%+6.3%
Shaanxi Zhongtian Rocket Technology 003009.SZChina$1.10B-26%+42%-6%6.7×n/an/a
MTAR Technologies MTARTECH.NSIndia$1.77B-18%+108%20%12.5×48.5%+29.2%
Electro Optic Systems EOS.AXAustralia$1.08B-18%+225%-7%5.5×n/an/a
Guanglian Aviation Industry 300900.SZChina$1.07B-51%+1%-10%8.6×n/an/a

Questions

Who are Beijing LeiKe Defense Technology's main competitors?
Named competitors: Glarun Technology (600562.SS). The cockpit's measured peer set (industry) also includes Hefei Jianghang Aircraft Equipment (688586.SS), Cadre (CDRE), Beijing Highlander Digital Technology (300065.SZ), Aerospace Industrial Development (2634.TW), Beijing Beimo High-tech Frictional Material (002985.SZ), AEVEX (AVEX).
Is Beijing LeiKe Defense Technology expensive compared with its peers?
On ev / sales it trades at 6.5× against a peer median of 4.7×, 10th most expensive of 21 in its peer set.
How has Beijing LeiKe Defense Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -45.6% against -17.5% for the median peer; over one year +31.7%.

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.