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Chinese maker of AI-enabled mobile video surveillance (dashcams, MDVRs) and fleet-safety systems for commercial vehicles.
Chinese maker of AI-enabled mobile video surveillance (dashcams, MDVRs) and fleet-safety systems for commercial vehicles.
Sells recorders and cameras as hardware, with AI driver-monitoring and cloud fleet software layered on top, so each installed vehicle can bring software fees as well as the hardware sale. Sold mainly through dealers and integrators to fleet operators.
In one line: A smaller, fleet-video Samsara.
Moat: narrow (installed base, distribution). Established global dealer network and fleet integrations create switching friction.
Headquarters: Shenzhen, China · Employees: 2,231
Size Streamax Technology (002970.SZ) is a China Industrials company (Aerospace & Defense) with a market value of $951M, the 2396th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥34.46 on 6 Nov 2026.
Performance Over six months the shares fell 50.6%, against -23.8% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue grew 2.6% over the last twelve months (peer median +13.2%); the operating margin is 10.8% (peer median 5.0%).
Valuation It trades at 12.3× forward earnings against a peer median of 43.9× (cheapest of 12).
Capital Return on invested capital runs 3.5 points above its cost of capital (10.2% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.62B | CN¥2.47B | CN¥2.77B | CN¥1.69B | CN¥1.37B |
| Revenue growth | — | -11% | +64% | +23% | — |
| Gross profit | CN¥1.11B | CN¥1.08B | CN¥954M | CN¥660M | CN¥499M |
| EBITDA | n/a | CN¥453M | CN¥298M | CN¥148M | -CN¥86.2M |
| Net income | CN¥261M | CN¥383M | CN¥290M | CN¥102M | -CN¥147M |
| Free cash flow | -CN¥328M | CN¥296M | CN¥356M | CN¥248M | CN¥211M |
| Capital expenditure | CN¥109M | CN¥104M | CN¥66.4M | CN¥69.3M | CN¥68.3M |
| Total debt | CN¥780M | CN¥450M | CN¥378M | CN¥324M | CN¥165M |
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 |
|---|---|---|---|---|---|---|
| Streamax Technology 002970.SZ | $951M | -51% | +3% | 11% | 12.3× | n/a |
| Zhejiang Dahua Technology 002236.SZ | $7.04B | -21% | +7% | 7% | 12.3× | n/a |
| Samsara IOT | $24.0B | +38% | +30% | 1% | 48.5× | 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 | 002970.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.8% | -1.2% | 5th lowest of 20 |
| 6-month return | -50.6% | -23.8% | 6th lowest of 20 |
| Distance from 52-week high | -59.4% | -47.5% | 7th lowest of 20 |
| Revenue growth (TTM) | +2.6% | +13.2% | 8th lowest of 21 |
| Operating margin | 10.8% | 5.0% | 8th highest of 21 |
| Forward P/E | 12.3× | 43.9× | cheapest of 12 |
| ROIC minus cost of capital | +3.5 pp | -5.9 pp | 2nd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Streamax Technology 002970.SZ | China | $951M | -51% | +3% | 11% | 12.3× | n/a | n/a |
| Avon Technologies AVON.L | United Kingdom | $933M | +45% | +5% | 12% | 22.8× | 16.3% | +7.4% |
| Vincorion V1NC.DE | Germany | $982M | -5% | +18% | 12% | 24.6× | 38.0% | +47.5% |
| Xi'an ChenXi Aviation Technology 300581.SZ | China | $906M | -13% | 0% | -78% | n/a | n/a | n/a |
| Kraken Robotics PNG.V | Canada | $896M | -53% | +21% | -2% | 27.6× | n/a | n/a |
| Tonbo Imaging India TONBO.NS | India | $895M | n/a | -23% | 21% | n/a | n/a | n/a |
| National Presto Industries NPK | United States | $1.02B | 0% | +21% | 9% | n/a | 8.3% | +7.4% |
| Jiangxi Xinyu Guoke Technology 300722.SZ | China | $870M | -26% | +14% | 14% | n/a | 38.8% | +12.9% |
| Nanjing LES Information Technology 688631.SS | China | $863M | -38% | -31% | -5% | 90.2× | 36.9% | -1.1% |
| York Space Systems YSS | United States | $860M | -82% | +52% | -15% | n/a | n/a | n/a |
| Paras Defence & Space Technologies PARAS.NS | India | $1.06B | +43% | +42% | 23% | 85.7× | n/a | n/a |
| Guanglian Aviation Industry 300900.SZ | China | $1.07B | -51% | +1% | -10% | 57.5× | n/a | n/a |
| Electro Optic Systems EOS.AX | Australia | $1.08B | -18% | +225% | -7% | 43.9× | n/a | n/a |
| Shaanxi Zhongtian Rocket Technology 003009.SZ | China | $1.10B | -26% | +42% | -6% | n/a | n/a | n/a |
| DroneShield DRO.AX | Australia | $818M | -60% | +153% | -14% | n/a | n/a | n/a |
| CIMC Safeway Technologies 301559.SZ | China | $1.14B | -24% | +13% | 4% | 54.6× | n/a | n/a |
| Cohort CHRT.L | United Kingdom | $774M | +9% | +13% | 11% | 18.5× | n/a | n/a |
| Wuxi Hyatech 688510.SS | China | $768M | -41% | -4% | 12% | 38.6× | 41.9% | +18.2% |
| Sichuan 6912 Communication Technology 301592.SZ | China | $1.18B | -14% | -3% | 9% | n/a | n/a | n/a |
| Shandong Senter Electronic 001388.SZ | China | $742M | -16% | +5% | 6% | n/a | 21.1% | +17.7% |
| Chengdu ALD Aviation Manufacturing 300696.SZ | China | $733M | -58% | -18% | -12% | 79.0× | n/a | n/a |