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State-owned Chinese electronics group historically making telecom/radio equipment, now part of China Electronics Technology Group's IT/electronics portfolio.
State-owned Chinese electronics group historically making telecom/radio equipment, now part of China Electronics Technology Group's IT/electronics portfolio.
In one line: A Chinese state-owned legacy electronics/telecom-equipment maker.
Moat: narrow (regulatory licence). State-owned parent (CETC) provides government/defense-adjacent contract access.
Headquarters: Nanjing, China · Founded: 1936 · Employees: 2,291
Size Nanjing Panda Electronics (0553.HK) is a Hong Kong Information Technology company (Telecommunications Equipment) with a market value of $999M, the 594th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$2.83 on 6 Nov 2026.
Performance Over six months the shares fell 42.4%, against -25.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 36.1% over the last twelve months (peer median +5.6%); the operating margin is -6.8% (peer median -1.1%).
Valuation It trades at 2.0× enterprise value to sales against a peer median of 4.5× (4th cheapest of 21).
Capital Return on invested capital runs 11.4 points below its cost of capital (7.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$3.46B | HK$2.69B | HK$2.84B | HK$3.19B | HK$4.80B |
| Revenue growth | — | -5% | -11% | -34% | — |
| Gross profit | HK$544M | HK$359M | HK$391M | HK$499M | HK$591M |
| EBITDA | n/a | -HK$211M | -HK$161M | HK$88.5M | HK$133M |
| Net income | HK$72.0M | HK$11.6M | -HK$205M | -HK$263M | HK$46.4M |
| Free cash flow | -HK$213M | HK$59.1M | -HK$249M | -HK$5.42M | HK$237M |
| Capital expenditure | HK$43.6M | HK$51.1M | HK$41.0M | HK$15.3M | HK$23.8M |
| Total debt | HK$152M | HK$169M | HK$235M | HK$198M | HK$184M |
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 |
|---|---|---|---|---|---|---|
| Nanjing Panda Electronics 0553.HK | $999M | -42% | +36% | -7% | 2.0× | n/a |
| ZTE 0763.HK | $19.0B | -27% | +20% | 1% | 1.2× | 17.5% |
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 | 0553.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.2% | -8.0% | 4th highest of 20 |
| 6-month return | -42.4% | -25.4% | 3rd lowest of 20 |
| Distance from 52-week high | -60.8% | -46.2% | 5th lowest of 20 |
| Revenue growth (TTM) | +36.1% | +5.6% | 4th highest of 21 |
| Operating margin | -6.8% | -1.1% | 9th lowest of 21 |
| EV / Sales | 2.0× | 4.5× | 4th cheapest of 21 |
| ROIC minus cost of capital | -11.4 pp | -7.4 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nanjing Panda Electronics 0553.HK | Hong Kong | $999M | -42% | +36% | -7% | 2.0× | n/a | n/a |
| Invisio IVSO.ST | Sweden | $1.00B | -15% | +24% | 18% | 4.7× | 13.2% | +26.7% |
| Huizhou Speed Wireless Technology 300322.SZ | China | $991M | -52% | +25% | 3% | 2.5× | n/a | n/a |
| Sumavision Technologies 300079.SZ | China | $1.01B | -14% | -6% | -8% | 6.4× | n/a | n/a |
| santec 6777.T | Japan | $984M | -53% | +45% | 33% | 4.1× | 23.5% | +33.2% |
| Harmonic HLIT | United States | $1.04B | -26% | -21% | 15% | 1.9× | 10.0% | -1.0% |
| Flaircomm Microelectronics 301600.SZ | China | $1.04B | -35% | +19% | 9% | 5.2× | 27.2% | +29.1% |
| Tozed Kangwei Tech 301718.SZ | China | $1.05B | n/a | +43% | 5% | 4.3× | n/a | n/a |
| Synspective 290A.T | Japan | $950M | -16% | +5% | -196% | 52.6× | n/a | n/a |
| Shenzhen Infinova 002528.SZ | China | $1.06B | +23% | -29% | -77% | 18.6× | n/a | n/a |
| Chengdu CORPRO Technology 300101.SZ | China | $1.07B | -35% | -25% | -18% | 10.6× | n/a | n/a |
| Wuhan Fingu Electronic Technology 002194.SZ | China | $914M | -19% | -9% | -2% | 3.6× | n/a | n/a |
| Chengdu Spaceon Electronics 002935.SZ | China | $909M | -37% | +1% | 5% | 6.4× | 49.9% | +1.3% |
| Arcadyan Technology 3596.TW | Taiwan | $900M | -17% | +6% | 6% | 0.4× | n/a | n/a |
| HTC 2498.TW | Taiwan | $885M | -15% | -8% | -78% | 6.0× | n/a | n/a |
| Astroscale 186A.T | Japan | $865M | -25% | +70% | -275% | 22.4× | n/a | n/a |
| Shenzhen Phoenix Telecom Technology 301191.SZ | China | $854M | -42% | +30% | 0% | 2.5× | n/a | n/a |
| Anhui Tatfook Technology 300134.SZ | China | $852M | -32% | +14% | -14% | 2.3× | n/a | n/a |
| Hubei Jiuzhiyang Infrared System 300516.SZ | China | $1.18B | -15% | -7% | -8% | 12.7× | 20.4% | -1.0% |
| Adtran Networks ADV.DE | Germany | $1.21B | -10% | +15% | -3% | 2.1× | -2.7% | -3.1% |
| Vistance Networks VISN | United States | $1.27B | -35% | -38% | 12% | 0.4× | -4.6% | -25.5% |