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Employees: 772
Size Fujian Rongji Software (002474.SZ) is a China Information Technology company (Information Technology Services) with a market value of $520M, the 3778th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.57 on 6 Nov 2026.
Performance Over six months the shares fell 24.4%, against -18.2% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue fell 22.1% over the last twelve months (peer median +3.3%); the operating margin is -21.3% (peer median 5.1%).
Valuation It trades at 10.3× enterprise value to sales against a peer median of 2.1× (3rd most expensive of 19).
Price implies For today's price to make sense, revenue must grow about 31% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +40 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 7.7 points below its cost of capital (7.6% WACC).
Next results Next results expected around 14 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥377M | CN¥478M | CN¥477M | CN¥375M | CN¥665M |
| Revenue growth | — | 0% | +27% | -44% | — |
| Gross profit | CN¥108M | CN¥51.2M | CN¥39.4M | CN¥21.7M | CN¥163M |
| EBITDA | n/a | CN¥43.4M | CN¥17.4M | -CN¥64.8M | CN¥59.9M |
| Net income | -CN¥83.6M | -CN¥68.5M | -CN¥86.9M | -CN¥146M | CN¥13.3M |
| Free cash flow | CN¥48.8M | -CN¥6.89M | -CN¥33.0M | -CN¥92.2M | CN¥934,390 |
| Capital expenditure | CN¥30.5M | CN¥58.1M | CN¥86.1M | CN¥130M | CN¥90.5M |
| Total debt | CN¥602M | CN¥616M | CN¥606M | CN¥635M | CN¥552M |
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 | 002474.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.9% | -1.6% | 4th lowest of 21 |
| 6-month return | -24.4% | -18.2% | 10th lowest of 21 |
| Distance from 52-week high | -59.4% | -37.8% | 2nd lowest of 21 |
| Revenue growth (TTM) | -22.1% | +3.3% | 3rd lowest of 21 |
| Operating margin | -21.3% | 5.1% | 3rd lowest of 19 |
| EV / Sales | 10.3× | 2.1× | 3rd most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | 31.5% | 1.8% | most demanding of 12 |
| Growth delivered (Del g) | -8.1% | +8.7% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | +39.6 pp | -3.9 pp | most demanding of 12 |
| ROIC minus cost of capital | -7.7 pp | -6.2 pp | 8th lowest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fujian Rongji Software 002474.SZ | China | $520M | -24% | -22% | -21% | 10.3× | 31.5% | -8.1% |
| Anhui Wantong Technology 002331.SZ | China | $520M | -25% | +23% | -16% | 2.2× | n/a | n/a |
| Tre 9247.T | Japan | $521M | 0% | -9% | 14% | 1.0× | -12.8% | +23.2% |
| Yuanbao, Inc. Unsponsored ADR YB | United States | $523M | -34% | +37% | 32% | n/a | n/a | n/a |
| MMTec MTC | United States | $516M | -31% | +100% | n/a | n/a | n/a | n/a |
| Zhongjin Irradiation 300962.SZ | China | $526M | -18% | +1% | 27% | 9.2× | n/a | n/a |
| NETGEAR NTGR | United States | $513M | -31% | -1% | -4% | 0.4× | n/a | n/a |
| Hansen Technologies HSN.AX | Australia | $511M | -25% | -2% | 17% | 2.0× | 0.9% | +4.7% |
| Shanghai New Centurion Network Information Technology 605398.SS | China | $530M | -18% | +5% | -2% | 5.0× | n/a | n/a |
| Stark Technology 2480.TW | Taiwan | $534M | +11% | +14% | 12% | 1.8× | -3.6% | +8.7% |
| Bouvet BOUV.OL | Norway | $535M | -1% | -2% | 11% | 1.3× | -11.1% | +10.2% |
| Shandong Teamgene Technology 603151.SS | China | $537M | +32% | +17% | 0% | 0.7× | 23.1% | +27.0% |
| Sygnity SGN.WA | Poland | $538M | +16% | +27% | 26% | 4.7× | -2.8% | +8.8% |
| Brilliance Technology 300542.SZ | China | $491M | -27% | -22% | 2% | 3.2× | n/a | n/a |
| Haoyun Technologies 300448.SZ | China | $490M | -40% | -52% | n/a | 13.1× | 1.8% | -12.8% |
| YLZ Information Technology 300096.SZ | China | $555M | -5% | +3% | -6% | 6.8× | n/a | n/a |
| Mastek MASTEK.NS | India | $485M | -12% | +6% | 13% | 1.0× | 6.7% | +16.5% |
| SI-TECH Information Technology 300608.SZ | China | $558M | -29% | -18% | -25% | 6.0× | 30.5% | -3.8% |
| Rimini Street RMNI | United States | $484M | +30% | +3% | 7% | 1.0× | 11.0% | +5.2% |
| Beijing Trustfar Technology 300231.SZ | China | $481M | -28% | +4% | 3% | 1.8× | 21.0% | -4.3% |
| Chaince Digital CD | United States | $567M | -18% | +278% | -177% | 280.5× | n/a | n/a |