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Shenzhen maker of smart inspection systems for border, customs and airport checkpoints: self-service clearance, face recognition and port robots.
Shenzhen maker of smart inspection systems for border, customs and airport checkpoints: self-service clearance, face recognition and port robots.
Sells inspection systems and software projects to border-control and customs authorities, so revenue arrives in project and contract batches tied to port and airport upgrades. Land, sea and air checkpoints are the traditional base. The same face-recognition and automatic-check technology is being carried into smart airports and transport, into overseas ports, and into a new computing-power line.
Moat: narrow (customer qualification, switching costs). Long track record with border and customs agencies; systems embedded in port workflows are costly to replace.
Headquarters: Shenzhen, China · Employees: 1,268
Size Maxvision Technology (002990.SZ) is a China Information Technology company (Electronic Production Equipment) with a market value of $1.26B, the 1897th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥32.63 on 6 Nov 2026.
Performance Over six months the shares fell 39.4%, against -23.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue grew 35.5% over the last twelve months (peer median +11.6%); the operating margin is 14.4% (peer median 4.0%).
Valuation It trades at 6.6× enterprise value to sales against a peer median of 4.8× (7th most expensive of 21).
Capital Return on invested capital runs 7.1 points below its cost of capital (10.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.71B | CN¥1.44B | CN¥1.22B | CN¥1.57B | CN¥986M |
| Revenue growth | — | +18% | -22% | +59% | — |
| Gross profit | CN¥754M | CN¥521M | CN¥503M | CN¥597M | CN¥385M |
| EBITDA | n/a | CN¥65.6M | CN¥158M | CN¥203M | CN¥68.4M |
| Net income | CN¥221M | CN¥85.3M | CN¥175M | CN¥198M | CN¥96.7M |
| Free cash flow | -CN¥3.87B | CN¥120M | CN¥77.6M | -CN¥86.9M | -CN¥191M |
| Capital expenditure | CN¥995M | CN¥50.4M | CN¥24.2M | CN¥213M | CN¥42.9M |
| Total debt | CN¥3.55B | CN¥300M | CN¥156M | CN¥285M | CN¥293M |
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 |
|---|---|---|---|---|---|---|
| Maxvision Technology 002990.SZ | $1.26B | -39% | +36% | 14% | 6.6× | n/a |
| Thales HO.PA | $51.1B | -1% | +7% | 11% | 2.0× | -2.8% |
| Nec 6701.T | $36.3B | +5% | +7% | 12% | 1.6× | 5.5% |
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 | 002990.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -37.7% | -23.2% | 7th lowest of 21 |
| 6-month return | -39.4% | -23.4% | 8th lowest of 20 |
| Distance from 52-week high | -60.0% | -51.0% | 8th lowest of 21 |
| Revenue growth (TTM) | +35.5% | +11.6% | 6th highest of 21 |
| Operating margin | 14.4% | 4.0% | 5th highest of 21 |
| EV / Sales | 6.6× | 4.8× | 7th most expensive of 21 |
| ROIC minus cost of capital | -7.1 pp | -4.4 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Maxvision Technology 002990.SZ | China | $1.26B | -39% | +36% | 14% | 6.6× | n/a | n/a |
| Shenzhen Hui Chuang Da Technology 300909.SZ | China | $1.26B | +4% | +3% | 2% | 5.6× | n/a | n/a |
| Grand Process Technology 3131.TWO | Taiwan | $1.27B | -51% | +38% | 22% | 5.5× | 13.0% | +21.2% |
| TXC 3042.TW | Taiwan | $1.28B | -26% | +9% | 17% | 2.9× | 10.7% | +3.9% |
| WindSun Science & Technology 688663.SS | China | $1.23B | -14% | -9% | 3% | 4.2× | 48.5% | +18.9% |
| Aurora Optoelectronics 600666.SS | China | $1.22B | -44% | +44% | -15% | 13.6× | 35.2% | -1.9% |
| Fuman Microelectronics 300671.SZ | China | $1.21B | -22% | +71% | 3% | 6.4× | n/a | n/a |
| Doosan Fuel Cell 336260.KS | South Korea | $1.33B | -56% | -19% | -31% | 3.8× | n/a | n/a |
| Dongguan Tarry Electronics 300976.SZ | China | $1.33B | +4% | +19% | 9% | 2.2× | 17.5% | +27.2% |
| Shenzhen Success Electronics 002289.SZ | China | $1.33B | -9% | +237% | 27% | 11.9× | 24.4% | +18.8% |
| Shenzhen Fenda Technology 002681.SZ | China | $1.19B | -15% | +7% | -1% | 3.0× | 27.1% | -5.2% |
| Dongjin Semichem 005290.KS | South Korea | $1.18B | -44% | -4% | 16% | 1.2× | -4.4% | +5.0% |
| Guangdong Suqun New Material 301489.SZ | China | $1.16B | -54% | +24% | 8% | 6.7× | n/a | n/a |
| TPV Technology 000727.SZ | China | $1.38B | -23% | +7% | -1% | 0.5× | n/a | n/a |
| TKD Science and Technology 603738.SS | China | $1.39B | -37% | +20% | 9% | 8.3× | 44.4% | +8.4% |
| Nolato NOLA-B.ST | Sweden | $1.40B | +5% | 0% | 10% | 1.4× | 3.9% | +0.2% |
| Harbin Xinguang Optic-Electronics Technology 688011.SS | China | $1.11B | +17% | +14% | -42% | 42.7× | n/a | n/a |
| Suzhou Betely Polymer Materials 301697.SZ | China | $1.44B | n/a | +45% | 5% | 2.6× | n/a | n/a |
| Shenzhen AV-Display 300939.SZ | China | $1.07B | +54% | +5% | 3% | 5.0× | n/a | n/a |
| I-Chiun Precision Industry 2486.TW | Taiwan | $1.05B | -53% | +25% | 7% | 4.6× | n/a | n/a |
| Suzhou K-Hiragawa Electronic Technology 603052.SS | China | $1.03B | -55% | +7% | -10% | 7.3× | n/a | n/a |