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← CockpitCompetitor Analysis › 2436.HK LX Technology Group LimitedOpen in the cockpit ↗

LX Technology Group Limited2436.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Electronic Production Equipment
Momentum leader 95
Mkt cap
$1.02B
US dollars, full cap
Free float
52%
of shares outstanding
$/day
$2.00M
20-day average traded
Fwd P/E
120.4×
forward earnings
ROIC−WACC
-1.0 pp
WACC 6.1%
Hurdle
n/a
no reverse DCF
Next earnings
146 days
1 Apr 2027
Close · HKDHK$22.66
1D-4.0%
1W-19.7%
1M+31.0%
3M+12.0%
6M+37.3%
YTD+398.0%
1Y+916.1%
ATR %8.4%
52w lowhigh23.2% off high

What LX Technology does

Employees: 950

LX Technology at a glance

Size LX Technology (2436.HK) is a Hong Kong Information Technology company (Electronic Production Equipment) with a market value of $1.02B, the 590th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$22.66 on 6 Nov 2026.

Performance Over six months the shares gained 37.3%, against -21.1% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue fell 4.3% over the last twelve months (peer median +8.8%); the operating margin is 4.2% (peer median 3.5%).

Valuation It trades at 120.4× forward earnings against a peer median of 22.5× (most expensive of 12).

Capital Return on invested capital runs 1.0 points below its cost of capital (6.1% WACC).

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 20262436.HK 129Peer median 78
Six months, rebased to 100: LX Technology against the median of its 20 peers (local-currency closes).

LX Technology financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$2.63BHK$2.59BHK$2.57BHK$1.98BHK$1.94B
Revenue growth—+1%+30%+2%—
Gross profitHK$366MHK$269MHK$213MHK$163MHK$232M
EBITDAHK$415MHK$311MHK$218MHK$170MHK$226M
Net incomeHK$32.7MHK$14.7M-HK$61.7M-HK$145MHK$116M
Free cash flow-HK$606MHK$195M-HK$265M-HK$210M-HK$32.0M
Capital expenditureHK$738MHK$307MHK$324MHK$358MHK$382M
Total debtn/aHK$960MHK$874MHK$782MHK$633M

Quarterly statements and history in the cockpit →

LX Technology 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

-50%-25%0%+25%-25%0%+25%60305224860956103014213009390021066880113010503003603014896966005290SCANFL00268130067160066662820029903009092436.HK6-month return →1-month return →
Up and to the right = strong over both horizons. LX Technology is the large dot.

Fundamentals: revenue growth against valuation

-50%0%50×100×24860956103014210021063010503003603014896966SCANFL6886632436.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LX Technology is the large dot.

LX Technology competitors and peer comparison

How LX Technology 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.

LX Technology against its 20 peers (data as of 6 Nov 2026)
Measure2436.HKPeer medianRank in peer set
1-month return+31.0%-23.3%highest of 21
6-month return+37.3%-21.1%2nd highest of 21
Distance from 52-week high-23.2%-54.4%3rd highest of 21
Revenue growth (TTM)-4.3%+8.8%5th lowest of 21
Operating margin4.2%3.5%10th highest of 21
Forward P/E120.4×22.5×most expensive of 12
ROIC minus cost of capital-1.0 pp-5.3 pp6th highest of 21
EV / EBITDA21.8×12.4×2nd most expensive of 6
Net debt / EBITDA2.5×1.3×most indebted of 6

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
LX Technology 2436.HKHong Kong$1.02B+37%-4%4%120.4×n/an/a
Suzhou K-Hiragawa Electronic Technology 603052.SSChina$1.03B-55%+7%-10%n/an/an/a
I-Chiun Precision Industry 2486.TWTaiwan$1.05B-53%+25%7%23.3×n/an/a
TES 095610.KSSouth Korea$982M-7%+33%17%13.7×14.5%+7.4%
Nanjing Wavelength Opto-Electronic Science and Technology 301421.SZChina$980M-46%+8%7%77.3×n/an/a
Shenzhen AV-Display 300939.SZChina$1.07B+54%+5%3%n/an/an/a
Shenzhen Laibao Hi-Tech 002106.SZChina$962M-13%-12%4%28.4×n/an/a
Harbin Xinguang Optic-Electronics Technology 688011.SSChina$1.11B+17%+14%-42%n/an/an/a
Chengdu RML Technology 301050.SZChina$927M-37%-81%-128%22.1×21.4%+16.9%
Hangzhou Sunrise Technology 300360.SZChina$919M-20%-17%19%10.0×-1.6%+9.0%
Guangdong Suqun New Material 301489.SZChina$1.16B-54%+24%8%53.2×n/an/a
Mitsui High-Tec 6966.TJapan$892M+20%+10%8%9.2×n/an/a
Dongjin Semichem 005290.KSSouth Korea$1.18B-44%-4%16%n/a-4.4%+5.0%
Scanfil SCANFL.HEFinland$877M-7%+19%6%16.2×6.9%+6.0%
Shenzhen Fenda Technology 002681.SZChina$1.19B-15%+7%-1%n/a27.1%-5.2%
Fuman Microelectronics 300671.SZChina$1.21B-22%+71%3%n/an/an/a
Aurora Optoelectronics 600666.SSChina$1.22B-44%+44%-15%n/a35.2%-1.9%
WindSun Science & Technology 688663.SSChina$1.23B-14%-9%3%36.5×48.5%+18.9%
AcBel Polytech 6282.TWTaiwan$838M-35%+14%3%22.5×15.7%+8.6%
Maxvision Technology 002990.SZChina$1.26B-39%+36%14%n/an/an/a
Shenzhen Hui Chuang Da Technology 300909.SZChina$1.26B+4%+3%2%n/an/an/a

Questions

Which companies are LX Technology's closest peers?
The cockpit's peer set: Suzhou K-Hiragawa Electronic Technology (603052.SS), I-Chiun Precision Industry (2486.TW), TES (095610.KS), Nanjing Wavelength Opto-Electronic Science and Technology (301421.SZ), Shenzhen AV-Display (300939.SZ), Shenzhen Laibao Hi-Tech (002106.SZ), Harbin Xinguang Optic-Electronics Technology (688011.SS), Chengdu RML Technology (301050.SZ).
Is LX Technology expensive compared with its peers?
On forward p/e it trades at 120.4× against a peer median of 22.5×, most expensive of 12 in its peer set.
How has LX Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +37.3% against -21.1% for the median peer; over one year +916.1%.

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.