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Makes base-station filters and antennas for 5G networks, plus precision metal cabinets such as elevator cabins.
Makes base-station filters and antennas for 5G networks, plus precision metal cabinets such as elevator cabins.
Earns from two unrelated lines: radio-frequency filters and antennas sold to telecom-equipment makers, whose orders follow operators' 5G base-station build-out, and precision sheet-metal cabinets, notably elevator cabins for the global elevator makers. The radio side was built largely through acquisitions.
Moat: none (customer qualification). Qualified supplier to equipment makers, but RF parts are commoditised and customers are concentrated.
Headquarters: Suzhou, China · Employees: 1,966
Size Suzhou Shijia Science & Technology (002796.SZ) is a China Information Technology company (Telecommunications Equipment) with a market value of $696M, the 3072nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.38 on 6 Nov 2026.
Performance Over six months the shares fell 66.6%, against -29.8% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue fell 4.1% over the last twelve months (peer median +5.7%); the operating margin is -7.0% (peer median -1.8%).
Valuation It trades at 5.6× enterprise value to sales against a peer median of 4.7× (8th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 39% a year for seven years (Req g). Recent delivered growth is -10%, so the hurdle is +49 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 10.2 points below its cost of capital (9.8% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥890M | CN¥941M | CN¥957M | CN¥1.04B | CN¥1.09B |
| Revenue growth | — | -2% | -8% | -4% | — |
| Gross profit | CN¥96.0M | CN¥40.4M | CN¥91.4M | CN¥83.7M | CN¥72.4M |
| EBITDA | n/a | CN¥6.92M | CN¥61.9M | CN¥47.0M | CN¥28.4M |
| Net income | -CN¥68.1M | -CN¥56.5M | CN¥92.1M | -CN¥14.7M | -CN¥31.2M |
| Free cash flow | CN¥58.7M | -CN¥30.9M | -CN¥71.0M | CN¥36.6M | CN¥28.0M |
| Capital expenditure | -CN¥51.3M | CN¥61.2M | CN¥68.0M | CN¥54.2M | CN¥49.8M |
| Total debt | CN¥540M | CN¥406M | CN¥220M | CN¥288M | CN¥307M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Suzhou Shijia Science & Technology 002796.SZ | $696M | -67% | -4% | -7% | 5.6× | 38.8% |
| Wuhan Fingu Electronic Technology 002194.SZ | $914M | -19% | -9% | -2% | 3.6× | n/a |
| Anhui Tatfook Technology 300134.SZ | $852M | -32% | +14% | -14% | 2.3× | n/a |
| Tongyu Communication 002792.SZ | $2.12B | -38% | +2% | -4% | 11.0× | n/a |
| Jiangsu Cai Qin Technology 688182.SS | $1.12B | -39% | +86% | 9% | 6.3× | 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 | 002796.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.4% | -9.9% | 3rd lowest of 21 |
| 6-month return | -66.6% | -29.8% | lowest of 21 |
| Distance from 52-week high | -72.9% | -51.3% | lowest of 21 |
| Revenue growth (TTM) | -4.1% | +5.7% | 6th lowest of 21 |
| Operating margin | -7.0% | -1.8% | 9th lowest of 21 |
| EV / Sales | 5.6× | 4.7× | 8th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 38.8% | 22.9% | 2nd most demanding of 5 |
| Growth delivered (Del g) | -10.4% | -6.4% | 3rd highest of 5 |
| Hurdle (Req g minus delivered) | +49.2 pp | +26.3 pp | most demanding of 5 |
| ROIC minus cost of capital | -10.2 pp | -5.6 pp | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Suzhou Shijia Science & Technology 002796.SZ | China | $696M | -67% | -4% | -7% | 5.6× | 38.8% | -10.4% |
| Creotech Instruments CRI.WA | Poland | $697M | +15% | +96% | 11% | 17.0× | n/a | n/a |
| H&R Century Union 000892.SZ | China | $699M | -4% | +21% | -52% | 7.7× | n/a | n/a |
| TPK 3673.TW | Taiwan | $701M | -9% | +1% | 0% | 0.3× | -14.1% | -11.3% |
| Sichuan Tianyi Comheart Telecom 300504.SZ | China | $685M | -1% | +17% | 3% | 2.8× | n/a | n/a |
| Beijing UniStrong Science & Technology 002383.SZ | China | $712M | -30% | -1% | -15% | 3.9× | n/a | n/a |
| Suzhou Keda Technology 603660.SS | China | $713M | -31% | -32% | -59% | 5.5× | n/a | n/a |
| Frequency Electronics FEIM | United States | $679M | +3% | +6% | 8% | 8.6× | n/a | n/a |
| GHT 300711.SZ | China | $650M | -26% | +29% | 14% | 4.3× | n/a | n/a |
| ShenZhen Consys Science & Technology 688788.SS | China | $746M | -41% | -22% | -173% | 22.2× | n/a | n/a |
| Skyworth 0751.HK | Hong Kong | $749M | -51% | +5% | 2% | 0.3× | n/a | n/a |
| Zhiyang Innovation Technology 688191.SS | China | $753M | -53% | -2% | -8% | 5.2× | n/a | n/a |
| Filtronic FTC.L | United Kingdom | $639M | -41% | -1% | 7% | 8.4× | 59.4% | +29.0% |
| Shenzhen Coship Electronics 002052.SZ | China | $757M | -34% | -75% | -5% | 18.7× | n/a | n/a |
| Guangzhou Hi-Target Navigation Tech 300177.SZ | China | $635M | -30% | -25% | -32% | 4.9× | 25.8% | -10.6% |
| Beijing Jiaxun Feihong Electrical 300213.SZ | China | $634M | -15% | -9% | -17% | 4.5× | 20.0% | -2.1% |
| MeiG Smart Technology 3268.HK | Hong Kong | $628M | -30% | +31% | 7% | 0.9× | n/a | n/a |
| Zhejiang Shengyang Science & Technology 603703.SS | China | $624M | -26% | +38% | -3% | 4.1× | n/a | n/a |
| Queclink Wireless Solutions 300590.SZ | China | $619M | -39% | +37% | 9% | 2.7× | n/a | n/a |
| Chengdu M&S Electronics Technology 688311.SS | China | $618M | -32% | +66% | -22% | 8.3× | n/a | n/a |
| Sercomm 5388.TW | Taiwan | $591M | -19% | +34% | 3% | 0.3× | n/a | n/a |