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← CockpitCompetitor Analysis › 003019.SZ TES Touch Embedded Solutions (Xiamen) Co., Ltd. Class AOpen in the cockpit ↗

TES Touch Embedded Solutions (Xiamen) Co., Ltd. Class A003019.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Computer Peripherals

Xiamen maker of touchscreen monitors, industrial box-PCs and kiosk hardware, sold under its MicroTouch brand and as ODM for others.

≈ A small, industrial-touchscreen Elo Touch SolutionsMomentum strong 77
Mkt cap
$668M
US dollars, full cap
$/day
$14.2M
20-day average traded
Fwd P/E
20.7×
forward earnings
ROIC−WACC
+1.2 pp
WACC 8.5%
Hurdle
n/a
no reverse DCF
Next earnings
160 days
15 Apr 2027
Close · CNYCN¥25.22
1D-3.9%
1W+9.1%
1M-1.6%
3M+14.9%
6M-28.3%
YTD-24.7%
1Y-24.6%
ATR %5.5%
52w lowhigh46.9% off high

What TES Touch Embedded Solutions (Xiamen) does

Xiamen maker of touchscreen monitors, industrial box-PCs and kiosk hardware, sold under its MicroTouch brand and as ODM for others.

Sells touchscreen monitors and embedded PCs both as a contract manufacturer building to other brands' specifications and under its own MicroTouch name, bought mostly by integrators who build kiosks, point-of-sale and industrial systems.

In one line: A small, industrial-touchscreen Elo Touch Solutions.

Products and services

  • ODM touchscreen monitors
  • MicroTouch-brand displays
  • Industrial box PCs
  • Kiosk machines
  • Smart-cockpit modules

Customers

  • Retail and hospitality integrators
  • Industrial/gaming equipment makers
  • Transportation & logistics operators

Where it sits in the supply chain

  • Computer hardware
  • Human-machine interface devices
  • Touchscreen monitors & embedded PCs

What could go right

  • Kiosk/self-service and digital-signage demand

What could go wrong

  • Low switching costs for ODM customers
  • Component cost swings (panels, ICs)

Moat: none (customer qualification). Contract touchscreen/embedded-PC manufacturer; competes on price and engineering turnaround, not proprietary tech.

Headquarters: Xiamen, China · Employees: 1,210

Named competitors

  • Elo Touch Solutions private or unlisted
  • AOPEN private or unlisted

TES Touch Embedded Solutions (Xiamen) at a glance

Size TES Touch Embedded Solutions (Xiamen) (003019.SZ) is a China Information Technology company (Computer Peripherals) with a market value of $668M, the 3176th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥25.22 on 6 Nov 2026.

Performance Over six months the shares fell 28.3%, against -12.6% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 23.8% over the last twelve months (peer median +10.0%); the operating margin is 8.2% (peer median 0.1%).

Valuation It trades at 20.7× forward earnings against a peer median of 24.7× (6th cheapest of 13).

Capital Return on invested capital runs 1.2 points above its cost of capital (8.5% WACC).

Next results Next results expected around 15 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 85003019.SZ 70
Six months, rebased to 100: TES Touch Embedded Solutions (Xiamen) against the median of its 20 peers (local-currency closes).

TES Touch Embedded Solutions (Xiamen) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.60BCN¥2.51BCN¥2.21BCN¥1.67BCN¥1.81B
Revenue growth—+14%+32%-7%—
Gross profitCN¥600MCN¥564MCN¥505MCN¥415MCN¥507M
EBITDACN¥268MCN¥252MCN¥223MCN¥193MCN¥287M
Net incomeCN¥174MCN¥194MCN¥188MCN¥159MCN¥261M
Free cash flow-CN¥154MCN¥95.3MCN¥28.5MCN¥267MCN¥363M
Capital expenditureCN¥140MCN¥72.9MCN¥140MCN¥113MCN¥24.6M
Total debtCN¥965MCN¥551MCN¥409MCN¥191MCN¥82.9M

Quarterly statements and history in the cockpit →

TES Touch Embedded Solutions (Xiamen) 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

-30%-20%-10%0%+10%-40%-20%0%300368PCT3006893006568271MUB300531657960020330055949150023620025776727QMCO300248SSYS002376BLZE5425003019.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. TES Touch Embedded Solutions (Xiamen) is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%0×25×50×75×PCT82713005313005594915002362QMCO300248SSYS5425003019.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. TES Touch Embedded Solutions (Xiamen) is the large dot.

TES Touch Embedded Solutions (Xiamen) competitors and peer comparison

How TES Touch Embedded Solutions (Xiamen) 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.

TES Touch Embedded Solutions (Xiamen) against its 20 peers (data as of 6 Nov 2026)
Measure003019.SZPeer medianRank in peer set
1-month return-1.6%-17.1%6th highest of 21
6-month return-28.3%-12.6%3rd lowest of 21
Distance from 52-week high-46.9%-39.2%9th lowest of 21
Revenue growth (TTM)+23.8%+10.0%5th highest of 21
Operating margin8.2%0.1%6th highest of 21
Forward P/E20.7×24.7×6th cheapest of 13
ROIC minus cost of capital+1.2 pp-3.4 pp7th highest of 20
EV / EBITDA16.1×8.5×4th most expensive of 9
Net debt / EBITDA-0.8×-1.4×5th most indebted of 10

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
TES Touch Embedded Solutions (Xiamen) 003019.SZChina$668M-28%+24%8%20.7×n/an/a
Hebei Huijin 300368.SZChina$667M-17%-18%-124%n/an/an/a
PC Partner PCT.SISingapore$662M+4%+18%7%7.4×n/an/a
Shenzhen Chengtian Weiye Technology Co 300689.SZChina$679M-27%+19%0%n/an/an/a
Shenzhen Minde Electronics Technology 300656.SZChina$681M-13%-14%-60%n/an/an/a
Apacer Technology 8271.TWTaiwan$655M-28%+182%31%2.1×n/an/a
Muhlbauer Holding AG & Co. KGaA MUB.DEGermany$684M+9%+2%7%n/a-4.9%+11.4%
Urovo Technology 300531.SZChina$693M-23%+33%8%22.8×n/an/a
AAEON Technology 6579.TWTaiwan$633M-10%+30%9%n/an/an/a
Fujian Furi Electronics 600203.SSChina$736M-32%+35%0%n/an/an/a
Chengdu Jiafaantai Education Technology 300559.SZChina$602M-26%-26%0%35.5×35.7%-6.0%
Primax Electronics 4915.TWTaiwan$744M-29%+9%4%10.5×n/an/a
Hanwang Technology 002362.SZChina$596M-12%-2%-13%81.8×n/an/a
Shenzhen Rapoo Technology 002577.SZChina$754M+4%+11%-2%n/an/an/a
Wacom 6727.TJapan$570M-6%-3%13%9.3×-6.0%+0.3%
Quantum QMCOUnited States$570M+100%+11%0%27.1×n/an/a
Newcapec Electronics 300248.SZChina$567M-17%+1%1%32.0×21.5%+0.9%
Stratasys SSYSUnited States$565M-25%-3%-14%45.9×n/an/a
Shandong New Beiyang Information Technology 002376.SZChina$794M-9%+21%0%n/a23.8%+3.1%
Backblaze BLZEUnited States$523M+10%+17%-4%26.7×12.7%+22.1%
Taiwan Semiconductor 5425.TWOTaiwan$520M+7%+5%9%18.3×7.6%+11.6%

Questions

Who are TES Touch Embedded Solutions (Xiamen)'s main competitors?
Named competitors: Elo Touch Solutions (private or unlisted), AOPEN (private or unlisted). The cockpit's measured peer set (industry) also includes Hebei Huijin (300368.SZ), PC Partner (PCT.SI), Shenzhen Chengtian Weiye Technology Co (300689.SZ), Shenzhen Minde Electronics Technology (300656.SZ), Apacer Technology (8271.TW), Muhlbauer Holding AG & Co. KGaA (MUB.DE).
Is TES Touch Embedded Solutions (Xiamen) expensive compared with its peers?
On forward p/e it trades at 20.7× against a peer median of 24.7×, 6th cheapest of 13 in its peer set.
How has TES Touch Embedded Solutions (Xiamen) stock performed?
Over six months to 6 Nov 2026 the shares returned -28.3% against -12.6% for the median peer; over one year -24.6%.

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.