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Makes electronic ceramic packages for optical-communication and laser devices, plus gallium-nitride base-station RF chips and silicon-carbide power modules.
Makes electronic ceramic packages for optical-communication and laser devices, plus gallium-nitride base-station RF chips and silicon-carbide power modules.
Sells ceramic housings that package and protect optical, laser and power chips to device makers, and also gallium-nitride radio chips and silicon-carbide modules added through its parent, a research institute of state group CETC. The ceramic packages are the long-standing core and the chip lines the newer addition.
In one line: A Chinese electronics-packaging materials maker.
Moat: narrow (process know-how, IP / patents). Own alumina and aluminium-nitride ceramic and metallization technology, backed by its CETC research-institute parent.
Headquarters: Shijiazhuang, China · Founded: 2009 · Employees: 860
Size Hebei Sinopack Electronic Technology (003031.SZ) is a China Industrials company (Electrical Products) with a market value of $5.62B, the 447th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥83.04 on 6 Nov 2026.
Performance Over six months the shares fell 32.8%, against -32.4% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 43.3% over the last twelve months (peer median +6.9%); the operating margin is 18.9% (peer median 9.0%).
Valuation It trades at 36.1× forward earnings against a peer median of 21.6× (6th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 35% a year for seven years (Req g). Recent delivered growth is +29%, so the hurdle is +6 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 3.2 points above its cost of capital (12.8% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.15B | CN¥2.87B | CN¥2.63B | CN¥2.66B | CN¥2.50B |
| Revenue growth | — | +9% | -1% | +6% | — |
| Gross profit | CN¥1.53B | CN¥1.00B | CN¥889M | CN¥892M | CN¥871M |
| EBITDA | n/a | CN¥816M | CN¥727M | CN¥695M | CN¥627M |
| Net income | CN¥748M | CN¥563M | CN¥539M | CN¥490M | CN¥457M |
| Free cash flow | CN¥381M | CN¥468M | CN¥116M | CN¥107M | CN¥243M |
| Capital expenditure | CN¥745M | CN¥507M | CN¥457M | CN¥438M | CN¥351M |
| Total debt | CN¥503M | CN¥387M | CN¥302M | CN¥543M | CN¥459M |
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 |
|---|---|---|---|---|---|---|
| Hebei Sinopack Electronic Technology 003031.SZ | $5.62B | -33% | +43% | 19% | 36.1× | 34.9% |
| Kyocera 6971.T | $23.4B | +3% | +7% | 6% | 22.5× | 21.3% |
| Chaozhou Three-Circle (Group) 300408.SZ | $21.6B | -15% | +65% | 34% | 28.1× | 23.7% |
| Niterra 5334.T | $9.01B | +5% | +16% | 19% | 9.9× | 4.0% |
| Maruwa 5344.T | $3.12B | -46% | +26% | 36% | 19.5× | n/a |
| Qorvo QRVO | n/a | +45% | n/a | n/a | n/a | 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 | 003031.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.9% | -17.5% | 9th lowest of 21 |
| 6-month return | -32.8% | -32.4% | 10th lowest of 21 |
| Distance from 52-week high | -59.7% | -54.3% | 7th lowest of 21 |
| Revenue growth (TTM) | +43.3% | +6.9% | 4th highest of 21 |
| Operating margin | 18.9% | 9.0% | 3rd highest of 21 |
| Forward P/E | 36.1× | 21.6× | 6th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 34.9% | 14.1% | 3rd most demanding of 15 |
| Growth delivered (Del g) | +28.6% | +12.8% | 3rd highest of 15 |
| Hurdle (Req g minus delivered) | +6.3 pp | -4.0 pp | 5th most demanding of 15 |
| ROIC minus cost of capital | +3.2 pp | -2.3 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hebei Sinopack Electronic Technology 003031.SZ | China | $5.62B | -33% | +43% | 19% | 36.1× | 34.9% | +28.6% |
| Suzlon Energy SUZLON.NS | India | $5.65B | -30% | +34% | 15% | 21.2× | 34.0% | +37.9% |
| Shandong Sinocera Functional Material 300285.SZ | China | $5.67B | +8% | +23% | 14% | 48.6× | 40.1% | +12.6% |
| Yaskawa Electric 6506.T | Japan | $5.71B | -38% | +6% | 8% | 19.7× | 24.8% | +6.8% |
| Wolong Electric 600580.SS | China | $5.39B | -39% | -11% | 4% | 39.6× | 25.2% | +4.2% |
| Sunwoda Electronic 300207.SZ | China | $5.37B | -33% | +36% | -1% | 16.0× | n/a | n/a |
| Forgent Power Solutions FPS | United States | $5.93B | -52% | +89% | 14% | 14.4× | n/a | n/a |
| EnerSys ENS | United States | $5.30B | -36% | +4% | 15% | 11.3× | 0.5% | +4.7% |
| Gates Industrial GTES | United States | $6.05B | -8% | +4% | 16% | 12.8× | 9.7% | +4.3% |
| Nexans NEX.PA | France | $6.06B | -26% | -13% | 6% | 17.2× | 5.6% | +5.5% |
| Jiangsu Yoke Technology 002409.SZ | China | $6.12B | +1% | +7% | 15% | 32.1× | 26.4% | +30.6% |
| HANGZHOU FIRST APPLIED MATERIAL 603806.SS | China | $5.14B | -30% | -9% | 9% | 22.0× | 7.5% | +13.1% |
| Qingdao TGOOD Electric 300001.SZ | China | $4.97B | +6% | +14% | 9% | 21.9× | 12.0% | +16.2% |
| Ningbo Orient Wires & Cables 603606.SS | China | $4.96B | -23% | +36% | 12% | 21.1× | 3.6% | +16.5% |
| Gotion High-tech 002074.SZ | China | $6.45B | -32% | +54% | 3% | 25.6× | n/a | n/a |
| Hunan Yuneng New Energy Battery Material 301358.SZ | China | $6.46B | -50% | +130% | 9% | 7.8× | n/a | n/a |
| Powell Industries POWL | United States | $4.85B | -57% | +7% | 20% | 21.2× | 11.2% | +16.3% |
| Ecopro BM 247540.KS | South Korea | $6.53B | -60% | -4% | 6% | 965.8× | n/a | n/a |
| Shenzhen Megmeet Electrical 002851.SZ | China | $6.55B | -38% | +29% | 1% | 60.9× | n/a | n/a |
| Fortune Electric 1519.TW | Taiwan | $4.75B | -50% | +5% | 21% | 26.0× | 16.1% | +23.6% |
| Far East Smarter Energy 600869.SS | China | $4.73B | -16% | -1% | 1% | 37.4× | 38.2% | +7.3% |