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Chinese maker of antennas and RF components for mobile-network base stations.
Chinese maker of antennas and RF components for mobile-network base stations.
In one line: A small Chinese CommScope/antenna maker.
Moat: none (scale). Commodity antenna/RF components; margins pressured by telecom-vendor bargaining power.
Headquarters: Shenzhen, China · Employees: 1,944
Size Tongyu Communication (002792.SZ) is a China Information Technology company (Telecommunications Equipment) with a market value of $2.12B, the 1200th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥26.93 on 6 Nov 2026.
Performance Over six months the shares fell 38.3%, against -25.2% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 19 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +10.9%); the operating margin is -4.0% (peer median 4.0%).
Valuation It trades at 299.2× forward earnings against a peer median of 20.6× (most expensive of 12).
Capital Return on invested capital runs 10.7 points below its cost of capital (9.9% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.18B | CN¥1.11B | CN¥1.19B | CN¥1.28B | CN¥1.41B |
| Revenue growth | — | -7% | -8% | -9% | — |
| Gross profit | CN¥207M | CN¥204M | CN¥242M | CN¥243M | CN¥267M |
| EBITDA | n/a | CN¥24.8M | CN¥47.4M | CN¥1.77M | CN¥54.0M |
| Net income | -CN¥1.15M | CN¥41.1M | CN¥41.4M | CN¥81.2M | CN¥81.5M |
| Free cash flow | -CN¥148M | CN¥5.06M | -CN¥39.5M | -CN¥47.1M | CN¥124M |
| Capital expenditure | CN¥28.8M | CN¥26.5M | CN¥65.7M | CN¥39.0M | CN¥29.6M |
| Total debt | CN¥310M | CN¥404M | CN¥287M | CN¥472M | CN¥342M |
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 |
|---|---|---|---|---|---|---|
| Tongyu Communication 002792.SZ | $2.12B | -38% | +2% | -4% | 299.2× | n/a |
| Comba Telecom Systems 2342.HK | $352M | -44% | +4% | 5% | n/a | -7.5% |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
| Wuhan Fingu Electronic Technology 002194.SZ | $914M | -19% | -9% | -2% | n/a | 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 | 002792.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.6% | -9.4% | 9th highest of 21 |
| 6-month return | -38.3% | -25.2% | 5th lowest of 19 |
| Distance from 52-week high | -63.3% | -48.0% | 5th lowest of 21 |
| Revenue growth (TTM) | +1.9% | +10.9% | 8th lowest of 21 |
| Operating margin | -4.0% | 4.0% | 6th lowest of 21 |
| Forward P/E | 299.2× | 20.6× | most expensive of 12 |
| ROIC minus cost of capital | -10.7 pp | -2.9 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tongyu Communication 002792.SZ | China | $2.12B | -38% | +2% | -4% | 299.2× | n/a | n/a |
| Shanghai Longcheer Technology 603341.SS | China | $2.12B | +2% | +1% | 0% | 29.8× | n/a | n/a |
| Shenzhen KTC Technology 001308.SZ | China | $2.09B | +3% | 0% | 3% | 20.3× | n/a | n/a |
| Hytera Communications 002583.SZ | China | $2.17B | -20% | +4% | 7% | 19.4× | n/a | n/a |
| Wingtech Technology 600745.SS | China | $2.26B | -59% | -93% | -30% | n/a | n/a | n/a |
| Jushri Technologies 300762.SZ | China | $2.31B | -45% | -17% | -91% | n/a | n/a | n/a |
| MeiG Smart Technology 002881.SZ | China | $1.92B | +8% | +24% | 7% | 49.5× | n/a | n/a |
| Calix CALX | United States | $1.89B | -29% | +23% | 5% | 13.9× | 23.1% | +13.1% |
| Fibocom Wireless 0638.HK | Hong Kong | $1.89B | -48% | +9% | 2% | 16.3× | n/a | n/a |
| Wuhan Changjin Photonics Technology 688635.SS | China | $2.39B | n/a | +28% | 39% | n/a | n/a | n/a |
| Digi International DGII | United States | $2.40B | -4% | +20% | 15% | 20.6× | 20.5% | +9.0% |
| WNC 6285.TW | Taiwan | $2.41B | -29% | +30% | 5% | 10.8× | -0.5% | +12.0% |
| Skyworth Digital 000810.SZ | China | $1.85B | -15% | +28% | 1% | 23.0× | n/a | n/a |
| Wuhan Yangtze Communication Industry 600345.SS | China | $1.85B | -23% | +13% | -8% | n/a | n/a | n/a |
| Shanghai HuaCe Navigation Technology 300627.SZ | China | $2.44B | -35% | 0% | 13% | 21.0× | 18.6% | +21.3% |
| Beijing Tricolor Technology 603516.SS | China | $1.72B | -60% | -11% | -20% | 57.4× | n/a | n/a |
| Eastern Communications 600776.SS | China | $1.72B | -33% | +7% | -5% | n/a | n/a | n/a |
| GN Store Nord A/S GN.CO | Denmark | $2.70B | +30% | -26% | 3% | n/a | 18.5% | +4.7% |
| FS.COM 3355.HK | Hong Kong | $1.63B | -27% | +14% | 23% | n/a | -11.0% | +19.4% |
| Shenzhen SDMC Technology 0901.HK | Hong Kong | $1.61B | n/a | +33% | 10% | n/a | n/a | n/a |
| CITIC Guoan Information Industry 000839.SZ | China | $1.45B | -17% | +14% | 7% | n/a | 11.3% | +7.0% |