Who are Shenzhen Infinova's main competitors?

Named competitors: Hikvision (002415.SZ), Dahua Technology (002236.SZ). The cockpit's measured peer set (industry) also includes Chengdu CORPRO Technology (300101.SZ), Tozed Kangwei Tech (301718.SZ), Flaircomm Microelectronics (301600.SZ), Harmonic (HLIT), Sumavision Technologies (300079.SZ), Invisio (IVSO.ST).

Is Shenzhen Infinova expensive compared with its peers?

On ev / sales it trades at 18.6× against a peer median of 4.2×, 3rd most expensive of 21 in its peer set.

How has Shenzhen Infinova stock performed?

Over six months to 6 Nov 2026 the shares returned +23.1% against -25.4% for the median peer; over one year +97.3%.

← CockpitCompetitor Analysis › 002528.SZ Shenzhen Infinova Ltd. Class AOpen in the cockpit ↗

Shenzhen Infinova Ltd. Class A002528.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Telecommunications Equipment

Shenzhen-based maker of video-surveillance cameras and systems, competing with Hikvision and Dahua.

≈ A smaller Chinese Axis Communications/PelcoMomentum leader 96

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.06B

US dollars, full cap

Free float

46%

of shares outstanding

$/day

$9.85M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-68.1 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥5.92

1D+2.6%

1W+6.5%

1M-2.6%

3M+26.8%

6M+23.1%

YTD+120.9%

1Y+97.3%

ATR %5.7%

52w lowhigh24.2% off high

What Shenzhen Infinova does

Shenzhen-based maker of video-surveillance cameras and systems, competing with Hikvision and Dahua.

Revenue comes mainly from tendered projects for city and public-safety surveillance, bought through systems integrators, so a handful of large contracts can dominate a year.

In one line: A smaller Chinese Axis Communications/Pelco.

Products and services

IP/analog surveillance cameras
Video management systems

Customers

Security integrators
Government/public-safety agencies
Commercial enterprises

Where it sits in the supply chain

Information Technology
Security equipment
Video surveillance

What could go right

Global security/surveillance demand

What could go wrong

Dominance of Hikvision/Dahua
Export restrictions in some markets

Moat: none (scale). Much smaller than dominant rivals Hikvision and Dahua in a scale-driven market.

Headquarters: Shenzhen, China · Employees: 312

Named competitors

Hikvision 002415.SZ
Dahua Technology 002236.SZ

Shenzhen Infinova at a glance

Size Shenzhen Infinova (002528.SZ) is a China Information Technology company (Telecommunications Equipment) with a market value of $1.06B, the 2187th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.92 on 6 Nov 2026.

Performance Over six months the shares gained 23.1%, against -25.4% for the median peer and -16.4% for the China market (cap-weighted) — highest of 20 in its peer set.

Growth Revenue fell 28.9% over the last twelve months (peer median +10.3%); the operating margin is -77.4% (peer median 1.6%).

Valuation It trades at 18.6× enterprise value to sales against a peer median of 4.2× (3rd most expensive of 21).

Capital Return on invested capital runs 68.1 points below its cost of capital (5.0% WACC).

Relative performance

Six months, rebased to 100: Shenzhen Infinova against the median of its 20 peers (local-currency closes).

Shenzhen Infinova financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥417M	CN¥495M	CN¥939M	CN¥1.39B	CN¥1.87B
Revenue growth	—	-47%	-33%	-25%	—
Gross profit	CN¥117M	CN¥96.0M	CN¥220M	CN¥191M	CN¥179M
EBITDA	n/a	-CN¥222M	-CN¥315M	-CN¥606M	-CN¥853M
Net income	-CN¥418M	-CN¥290M	-CN¥404M	-CN¥771M	-CN¥1.00B
Free cash flow	-CN¥92.5M	-CN¥60.9M	CN¥8.34M	CN¥250M	-CN¥159M
Capital expenditure	CN¥4.02M	CN¥12.6M	CN¥23.0M	CN¥98.6M	CN¥90.2M
Total debt	CN¥775M	CN¥712M	CN¥729M	CN¥898M	CN¥1.70B

Quarterly statements and history in the cockpit →

Shenzhen Infinova 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

Up and to the right = strong over both horizons. Shenzhen Infinova is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shenzhen Infinova is the large dot.

Shenzhen Infinova competitors and peer comparison

Head to head with its named competitors (002528.SZ vs 002415.SZ vs 002236.SZ)
Company	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g
Shenzhen Infinova 002528.SZ	$1.06B	+23%	-29%	-77%	18.6×	n/a
Hangzhou Hikvision Digital Technology 002415.SZ	$49.1B	-3%	+8%	19%	3.0×	2.6%
Zhejiang Dahua Technology 002236.SZ	$7.04B	-21%	+7%	7%	1.4×	n/a

How Shenzhen Infinova 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.

Shenzhen Infinova against its 20 peers (data as of 6 Nov 2026)
Measure	002528.SZ	Peer median	Rank in peer set
1-month return	-2.6%	-8.0%	3rd highest of 20
6-month return	+23.1%	-25.4%	highest of 20
Distance from 52-week high	-24.2%	-48.0%	3rd highest of 20
Revenue growth (TTM)	-28.9%	+10.3%	2nd lowest of 21
Operating margin	-77.4%	1.6%	4th lowest of 21
EV / Sales	18.6×	4.2×	3rd most expensive of 21
ROIC minus cost of capital	-68.1 pp	-6.6 pp	2nd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Shenzhen Infinova 002528.SZ	China	$1.06B	+23%	-29%	-77%	18.6×	n/a	n/a
Chengdu CORPRO Technology 300101.SZ	China	$1.07B	-35%	-25%	-18%	10.6×	n/a	n/a
Tozed Kangwei Tech 301718.SZ	China	$1.05B	n/a	+43%	5%	4.3×	n/a	n/a
Flaircomm Microelectronics 301600.SZ	China	$1.04B	-35%	+19%	9%	5.2×	27.2%	+29.1%
Harmonic HLIT	United States	$1.04B	-26%	-21%	15%	1.9×	10.0%	-1.0%
Sumavision Technologies 300079.SZ	China	$1.01B	-14%	-6%	-8%	6.4×	n/a	n/a
Invisio IVSO.ST	Sweden	$1.00B	-15%	+24%	18%	4.7×	13.2%	+26.7%
Nanjing Panda Electronics 0553.HK	Hong Kong	$999M	-42%	+36%	-7%	2.0×	n/a	n/a
Huizhou Speed Wireless Technology 300322.SZ	China	$991M	-52%	+25%	3%	2.5×	n/a	n/a
santec 6777.T	Japan	$984M	-53%	+45%	33%	4.1×	23.5%	+33.2%
Hubei Jiuzhiyang Infrared System 300516.SZ	China	$1.18B	-15%	-7%	-8%	12.7×	20.4%	-1.0%
Synspective 290A.T	Japan	$950M	-16%	+5%	-196%	52.6×	n/a	n/a
Adtran Networks ADV.DE	Germany	$1.21B	-10%	+15%	-3%	2.1×	-2.7%	-3.1%
Wuhan Fingu Electronic Technology 002194.SZ	China	$914M	-19%	-9%	-2%	3.6×	n/a	n/a
Chengdu Spaceon Electronics 002935.SZ	China	$909M	-37%	+1%	5%	6.4×	49.9%	+1.3%
Arcadyan Technology 3596.TW	Taiwan	$900M	-17%	+6%	6%	0.4×	n/a	n/a
Vistance Networks VISN	United States	$1.27B	-35%	-38%	12%	0.4×	-4.6%	-25.5%
HTC 2498.TW	Taiwan	$885M	-15%	-8%	-78%	6.0×	n/a	n/a
Astroscale 186A.T	Japan	$865M	-25%	+70%	-275%	22.4×	n/a	n/a
Noritsu Koki 7744.T	Japan	$1.31B	-7%	+33%	20%	1.5×	-6.9%	+16.8%
Shenzhen Phoenix Telecom Technology 301191.SZ	China	$854M	-42%	+30%	0%	2.5×	n/a	n/a

Questions

Who are Shenzhen Infinova's main competitors?: Named competitors: Hikvision (002415.SZ), Dahua Technology (002236.SZ). The cockpit's measured peer set (industry) also includes Chengdu CORPRO Technology (300101.SZ), Tozed Kangwei Tech (301718.SZ), Flaircomm Microelectronics (301600.SZ), Harmonic (HLIT), Sumavision Technologies (300079.SZ), Invisio (IVSO.ST).
Is Shenzhen Infinova expensive compared with its peers?: On ev / sales it trades at 18.6× against a peer median of 4.2×, 3rd most expensive of 21 in its peer set.
How has Shenzhen Infinova stock performed?: Over six months to 6 Nov 2026 the shares returned +23.1% against -25.4% for the median peer; over one year +97.3%.