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Top phone seller in Africa under Tecno, Infinix and itel brands; also strong in South Asia, Middle East.
Top phone seller in Africa under Tecno, Infinix and itel brands; also strong in South Asia, Middle East.
Sells low-priced phones through local distributors and shops across Africa, South Asia and the Middle East, with Africa the home base, and earns extra from after-sales service, accessories and its own software layer. It added Hong Kong-traded shares on 15 October 2026, alongside its Shanghai STAR Market shares listed since 2019.
In one line: A budget-phone Samsung for frontier markets.
Moat: narrow (brand, distribution, installed base). Two decades of local distribution, brand recognition and after-sales service in underserved emerging markets.
Headquarters: Shenzhen, China · Founded: 2006 · Employees: 24,025
Size Shenzhen Transsion (2636.HK) is a Hong Kong Information Technology company (Telecommunications Equipment) with a market value of $11.3B, the 155th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$37.00 on 6 Nov 2026.
Growth Revenue grew 3.9% over the last twelve months (peer median +16.5%); the operating margin is 4.9% (peer median 3.8%).
Valuation It trades at 10.6× forward earnings against a peer median of 23.8× (cheapest of 19).
Capital Return on invested capital runs 8.9 points above its cost of capital (6.8% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$75.3B | HK$71.0B | HK$74.4B | HK$68.7B | HK$54.1B |
| Revenue growth | — | -5% | +8% | +27% | — |
| Gross profit | HK$16.6B | HK$13.4B | HK$15.6B | HK$15.9B | HK$11.4B |
| EBITDA | n/a | HK$3.06B | HK$6.18B | HK$6.98B | HK$3.30B |
| Net income | HK$3.50B | HK$2.80B | HK$6.02B | HK$6.12B | HK$2.89B |
| Free cash flow | -HK$14.1B | HK$1.02B | HK$3.05B | HK$12.5B | HK$1.50B |
| Capital expenditure | HK$1.06B | HK$1.07B | HK$694M | HK$909M | HK$977M |
| Total debt | HK$11.2B | HK$8.08B | HK$7.21B | HK$8.05B | HK$4.45B |
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 |
|---|---|---|---|---|---|---|
| Shenzhen Transsion 2636.HK | $11.3B | n/a | +4% | 5% | 10.6× | n/a |
| Xiaomi-w 1810.HK | $99.0B | -2% | +6% | 3% | 27.8× | 24.3% |
| SamsungElec 005930.KS | $886B | -14% | +88% | 46% | 4.0× | -7.2% |
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 | 2636.HK | Peer median | Rank in peer set |
|---|---|---|---|
| Distance from 52-week high | -1.9% | -46.4% | highest of 21 |
| Revenue growth (TTM) | +3.9% | +16.5% | 6th lowest of 21 |
| Operating margin | 4.9% | 3.8% | 11th highest of 21 |
| Forward P/E | 10.6× | 23.8× | cheapest of 19 |
| ROIC minus cost of capital | +8.9 pp | -1.5 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Transsion 2636.HK | Hong Kong | $11.3B | n/a | +4% | 5% | 10.6× | n/a | n/a |
| Huaqin 3296.HK | Hong Kong | $12.7B | -30% | +35% | 2% | 12.3× | n/a | n/a |
| China Spacesat 600118.SS | China | $9.75B | -46% | +6% | 1% | 531.4× | n/a | n/a |
| ViaSat VSAT | United States | $8.81B | -9% | +1% | 2% | n/a | 42.8% | +15.5% |
| TCL Technology 000100.SZ | China | $15.0B | +7% | +5% | 0% | 13.1× | -4.7% | +19.1% |
| Yealink Network Technology 300628.SZ | China | $7.50B | +8% | +17% | 46% | 16.2× | 4.3% | +17.0% |
| Zhejiang Dahua Technology 002236.SZ | China | $7.04B | -21% | +7% | 7% | 12.3× | n/a | n/a |
| ZTE 000063.SZ | China | $19.0B | -23% | +14% | 1% | 24.2× | 19.0% | +5.6% |
| ZTE 0763.HK | Hong Kong | $19.0B | -27% | +20% | 1% | 14.6× | 17.5% | +4.9% |
| Shenzhen Sunway Communication 300136.SZ | China | $6.14B | -54% | +2% | 9% | 47.1× | 30.6% | +6.9% |
| Accton Technology 2345.TW | Taiwan | $21.6B | -49% | +82% | 14% | 12.5× | 4.5% | +35.4% |
| Fiberhome Telecommunication Technologies 600498.SS | China | $5.50B | -42% | +16% | 1% | 21.5× | 12.8% | +3.4% |
| Jiang Su Etern 600105.SS | China | $4.82B | -48% | +49% | 12% | 24.4× | n/a | n/a |
| QuantumCTek 688027.SS | China | $4.60B | -48% | -19% | -33% | 4,259.0× | n/a | n/a |
| Ohb OHB.DE | Germany | $4.45B | -61% | +18% | 5% | 60.7× | n/a | n/a |
| Ciena CIEN | United States | $34.5B | -56% | +33% | 14% | 23.4× | 29.0% | +6.2% |
| Telefonaktiebolaget LM Ericsson ERIC-A.ST | Sweden | $34.9B | -9% | -4% | 14% | 17.3× | -8.7% | +0.4% |
| Ubiquiti UI | United States | $35.9B | -30% | +27% | 36% | 33.5× | 22.2% | +11.5% |
| Huber + Suhner HUBN.SW | Switzerland | $3.49B | -44% | -4% | 9% | 30.9× | 11.1% | +3.2% |
| Digital China 000034.SZ | China | $3.16B | -22% | +28% | 1% | 26.6× | n/a | n/a |
| Ondas ONDS | United States | $3.11B | -41% | +979% | -127% | n/a | n/a | n/a |