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← CockpitCompetitor Analysis › 002913.SZ Aoshikang Technology Co. Ltd. Class AOpen in the cockpit ↗

Aoshikang Technology Co. Ltd. Class A002913.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Components

Chinese maker of printed circuit boards (PCB) and flexible circuits for consumer electronics manufacturers.

Momentum leader 83
Mkt cap
$2.52B
US dollars, full cap
Free float
13%
of shares outstanding
$/day
$148M
20-day average traded
Fwd P/E
34.0×
forward earnings
ROIC−WACC
+1.3 pp
WACC 9.5%
Hurdle
n/a
no reverse DCF
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥53.11
1D-4.1%
1W-4.8%
1M-41.5%
3M+30.4%
6M+1.6%
YTD+24.3%
1Y+41.2%
ATR %11.3%
52w lowhigh45.9% off high

What Aoshikang Technology does

Chinese maker of printed circuit boards (PCB) and flexible circuits for consumer electronics manufacturers.

Products and services

  • Printed circuit boards (PCB)
  • Flexible printed circuits (FPC)

Customers

  • Consumer electronics OEMs

Where it sits in the supply chain

  • Electronics components
  • PCB & flexible circuit manufacturing
  • Consumer electronics OEMs

What could go right

  • Consumer electronics production demand

What could go wrong

  • Price competition
  • Customer concentration

Moat: none. PCB manufacturing is a highly competitive, commoditized segment with thin margins.

Headquarters: Jiangsu, China · Employees: 5,991

Named competitors

Aoshikang Technology at a glance

Size Aoshikang Technology (002913.SZ) is a China Information Technology company (Electronic Components) with a market value of $2.52B, the 1026th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥53.11 on 6 Nov 2026.

Performance Over six months the shares gained 1.6%, against -21.8% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 25.4% over the last twelve months (peer median +25.4%); the operating margin is 10.0% (peer median 11.0%).

Valuation It trades at 34.0× forward earnings against a peer median of 23.9× (8th most expensive of 19).

Capital Return on invested capital runs 1.3 points above its cost of capital (9.5% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026002913.SZ 100Peer median 79
Six months, rebased to 100: Aoshikang Technology against the median of its 20 peers (local-currency closes).

Aoshikang Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥6.61BCN¥5.51BCN¥4.54BCN¥4.32BCN¥4.56B
Revenue growth—+21%+5%-5%—
Gross profitCN¥1.91BCN¥1.07BCN¥950MCN¥1.05BCN¥980M
EBITDAn/aCN¥821MCN¥768MCN¥929MCN¥584M
Net incomeCN¥480MCN¥308MCN¥353MCN¥519MCN¥307M
Free cash flow-CN¥712M-CN¥254MCN¥183MCN¥288M-CN¥106M
Capital expenditureCN¥880MCN¥513MCN¥680MCN¥618MCN¥1.15B
Total debtCN¥3.78BCN¥2.62BCN¥2.10BCN¥1.72BCN¥2.23B

Quarterly statements and history in the cockpit →

Aoshikang Technology 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

-60%-40%-20%0%-40%-20%0%30128568812768819560060230072635320060886882066442KN300814JEN688727688502002690BELFA18157762300843603678002913.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Aoshikang Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%+80%0×200×400×30128568812768819560060230072635320060886882066442KNJEN688502002690BELFA1815300843603678002913.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Aoshikang Technology is the large dot.

Aoshikang Technology competitors and peer comparison

Head to head with its named competitors (002913.SZ vs 603228.SS vs 002436.SZ vs 002916.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Aoshikang Technology 002913.SZ$2.52B+2%+25%10%34.0×n/a
Shenzhen Kinwong Electronic 603228.SS$8.38B-23%+33%12%22.6×n/a
Shenzhen Fastprint Circuit Tech 002436.SZ$6.54B-7%+26%6%57.3×n/a
Shennan Circuit 002916.SZ$20.4B-36%+51%18%22.6×n/a
Zhen Ding Technology Holding Lt 4958.TW$12.8B-12%+5%9%18.4×n/a
Suzhou Dongshan Precision Manufacturing 002384.SZ$26.9B-57%+56%11%18.0×n/a

How Aoshikang Technology 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.

Aoshikang Technology against its 20 peers (data as of 6 Nov 2026)
Measure002913.SZPeer medianRank in peer set
1-month return-41.5%-18.7%2nd lowest of 21
6-month return+1.6%-21.8%4th highest of 21
Distance from 52-week high-45.9%-50.9%10th highest of 21
Revenue growth (TTM)+25.4%+25.4%11th highest of 21
Operating margin10.0%11.0%11th highest of 21
Forward P/E34.0×23.9×8th most expensive of 19
ROIC minus cost of capital+1.3 pp-2.7 pp7th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Aoshikang Technology 002913.SZChina$2.52B+2%+25%10%34.0×n/an/a
HONG RI DA Technology 301285.SZChina$2.50B-22%+14%-13%424.7×n/an/a
Zhejiang Lante Optics 688127.SSChina$2.56B-45%+59%31%27.8×20.5%+28.5%
Optowide Technologies 688195.SSChina$2.57B-60%+68%17%100.1×n/an/a
INESA Intelligent Tech 600602.SSChina$2.60B-31%-2%2%71.9×32.7%+6.7%
Zhuzhou Hongda Electronics 300726.SZChina$2.43B-20%+11%26%35.2×27.3%+6.1%
Daeduck Electronics 353200.KSSouth Korea$2.61B-37%+56%16%15.0×15.3%+11.8%
FIT Hon Teng 6088.HKHong Kong$2.63B-67%+11%5%10.5×n/an/a
Primarius Technologies 688206.SSChina$2.63B-2%+30%-9%331.6×n/an/a
EZconn 6442.TWTaiwan$2.40B-51%+30%27%16.2×15.3%+34.3%
Knowles KNUnited States$2.65B-11%+16%15%19.1×26.3%-4.9%
Shenzhen JOVE Enterprise 300814.SZChina$2.65B-14%+44%7%n/an/an/a
Jenoptik JEN.DEGermany$2.30B-21%-2%12%18.6×10.3%+11.2%
Xiamen Hengkun New Material Technology 688727.SSChina$2.28B-33%+20%9%n/an/an/a
MLOPTIC 688502.SSChina$2.78B-26%+44%5%204.0×n/an/a
Hefei Meyer Optoelectronic Technology 002690.SZChina$2.25B-3%+3%31%18.5×9.2%+10.0%
Bel Fuse BELFAUnited States$2.87B-38%+21%17%13.5×18.0%+7.7%
Fulltech Fiber Glass 1815.TWOTaiwan$2.18B+6%+49%26%21.6×n/an/a
Citizen Watch 7762.TJapan$2.90B+3%+17%10%12.8×10.1%+10.9%
Shenglan Technology 300843.SZChina$2.16B+2%+45%8%66.5×n/an/a
Fujian Torch Electron Technology 603678.SSChina$2.16B-7%+82%4%26.2×n/an/a

Questions

Who are Aoshikang Technology's main competitors?
Named competitors: Shenzhen Kinwong Electronic (603228.SS), Shenzhen Fastprint Circuit Tech (002436.SZ), Shennan Circuits (002916.SZ), Zhen Ding Technology (4958.TW), Dongshan Precision Manufacturing (002384.SZ). The cockpit's measured peer set (industry) also includes HONG RI DA Technology (301285.SZ), Zhejiang Lante Optics (688127.SS), Optowide Technologies (688195.SS), INESA Intelligent Tech (600602.SS), Zhuzhou Hongda Electronics (300726.SZ), Daeduck Electronics (353200.KS).
Is Aoshikang Technology expensive compared with its peers?
On forward p/e it trades at 34.0× against a peer median of 23.9×, 8th most expensive of 19 in its peer set.
How has Aoshikang Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +1.6% against -21.8% for the median peer; over one year +41.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.