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Chinese maker of intelligent color-sorting machines for grain/food processing and dental X-ray/CBCT imaging systems.
Chinese maker of intelligent color-sorting machines for grain/food processing and dental X-ray/CBCT imaging systems.
Color sorters, which use cameras to reject bad grain, rice or nuts, are the long-standing earner, sold largely through dealers to food processors. Dental imaging is the newer line sold to clinics. Orders follow processors' capacity upgrades and dental clinics' equipment budgets.
In one line: A niche mix of Buhler-style sorting and a small dental-imaging unit.
Moat: narrow (IP / patents, brand). Long-standing #1 domestic brand in grain color-sorting, plus a growing dental-imaging franchise.
Headquarters: Hefei, China · Employees: 1,360
Size Hefei Meyer Optoelectronic Technology (002690.SZ) is a China Information Technology company (Electronic Components) with a market value of $2.25B, the 1137th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.91 on 6 Nov 2026.
Performance Over six months the shares fell 3.5%, against -25.6% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 3.3% over the last twelve months (peer median +27.6%); the operating margin is 31.4% (peer median 9.8%).
Valuation It trades at 18.5× forward earnings against a peer median of 28.6× (5th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 63.0 points above its cost of capital (9.3% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.51B | CN¥2.39B | CN¥2.30B | CN¥2.41B | CN¥2.11B |
| Revenue growth | — | +4% | -5% | +15% | — |
| Gross profit | CN¥1.39B | CN¥1.27B | CN¥1.14B | CN¥1.22B | CN¥1.09B |
| EBITDA | n/a | CN¥744M | CN¥622M | CN¥787M | CN¥739M |
| Net income | CN¥754M | CN¥719M | CN¥649M | CN¥745M | CN¥730M |
| Free cash flow | CN¥801M | CN¥923M | CN¥864M | CN¥647M | CN¥254M |
| Capital expenditure | CN¥64.7M | CN¥46.1M | CN¥19.3M | CN¥33.7M | CN¥75.8M |
| Total debt | CN¥3.94M | CN¥57.3M | CN¥54.5M | CN¥110M | CN¥157M |
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 |
|---|---|---|---|---|---|---|
| Hefei Meyer Optoelectronic Technology 002690.SZ | $2.25B | -3% | +3% | 31% | 18.5× | 9.2% |
| DENTSPLY SIRONA XRAY | $1.89B | -14% | -1% | 5% | 7.3× | 10.2% |
| TOMRA Systems TOM.OL | $3.17B | +6% | +7% | 11% | 31.8× | 9.5% |
| Envista NVST | $4.04B | +4% | +12% | 11% | 15.6× | 6.8% |
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 | 002690.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.7% | -18.7% | highest of 21 |
| 6-month return | -3.5% | -25.6% | 5th highest of 21 |
| Distance from 52-week high | -24.8% | -55.8% | highest of 21 |
| Revenue growth (TTM) | +3.3% | +27.6% | 5th lowest of 21 |
| Operating margin | 31.4% | 9.8% | 2nd highest of 21 |
| Forward P/E | 18.5× | 28.6× | 5th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 9.2% | 20.4% | least demanding of 9 |
| Growth delivered (Del g) | +10.0% | +13.3% | 3rd lowest of 9 |
| Hurdle (Req g minus delivered) | -0.8 pp | +4.5 pp | 4th least demanding of 9 |
| ROIC minus cost of capital | +63.0 pp | -3.4 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hefei Meyer Optoelectronic Technology 002690.SZ | China | $2.25B | -3% | +3% | 31% | 18.5× | 9.2% | +10.0% |
| Xiamen Hengkun New Material Technology 688727.SS | China | $2.28B | -33% | +20% | 9% | n/a | n/a | n/a |
| Jenoptik JEN.DE | Germany | $2.30B | -21% | -2% | 12% | 18.6× | 10.3% | +11.2% |
| Fulltech Fiber Glass 1815.TWO | Taiwan | $2.18B | +6% | +49% | 26% | 21.6× | n/a | n/a |
| Shenglan Technology 300843.SZ | China | $2.16B | +2% | +45% | 8% | 66.5× | n/a | n/a |
| Fujian Torch Electron Technology 603678.SS | China | $2.16B | -7% | +82% | 4% | 26.2× | n/a | n/a |
| Electric Connector Technology 300679.SZ | China | $2.14B | -24% | 0% | 4% | 25.1× | 27.9% | +15.8% |
| EZconn 6442.TW | Taiwan | $2.40B | -51% | +30% | 27% | 16.2× | 15.3% | +34.3% |
| Dongguan Dingtong Precision Metal 688668.SS | China | $2.09B | -55% | +33% | 16% | 29.5× | n/a | n/a |
| Zhuzhou Hongda Electronics 300726.SZ | China | $2.43B | -20% | +11% | 26% | 35.2× | 27.3% | +6.1% |
| Meiko Electronics 6787.T | Japan | $2.07B | -27% | +22% | 10% | 10.7× | n/a | n/a |
| Xiamen Leading Optics 605118.SS | China | $2.05B | -31% | +32% | 34% | n/a | 20.4% | +14.8% |
| Wuhu Token Science 300088.SZ | China | $2.03B | -18% | -15% | 0% | 31.7× | n/a | n/a |
| HONG RI DA Technology 301285.SZ | China | $2.50B | -22% | +14% | -13% | 424.7× | n/a | n/a |
| Aoshikang Technology 002913.SZ | China | $2.52B | +2% | +25% | 10% | 34.0× | n/a | n/a |
| Zhejiang Lante Optics 688127.SS | China | $2.56B | -45% | +59% | 31% | 27.8× | 20.5% | +28.5% |
| Optowide Technologies 688195.SS | China | $2.57B | -60% | +68% | 17% | 100.1× | n/a | n/a |
| INESA Intelligent Tech 600602.SS | China | $2.60B | -31% | -2% | 2% | 71.9× | 32.7% | +6.7% |
| Daeduck Electronics 353200.KS | South Korea | $2.61B | -37% | +56% | 16% | 15.0× | 15.3% | +11.8% |
| FIT Hon Teng 6088.HK | Hong Kong | $2.63B | -67% | +11% | 5% | 10.5× | n/a | n/a |
| Primarius Technologies 688206.SS | China | $2.63B | -2% | +30% | -9% | 331.6× | n/a | n/a |