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Employees: 1,143
Size Beijing Dinghan Technology (300011.SZ) is a China Industrials company (Electrical Products) with a market value of $494M, the 3892nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.44 on 6 Nov 2026.
Performance Over six months the shares fell 26.1%, against -27.3% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 2.5% over the last twelve months (peer median +19.2%); the operating margin is -0.9% (peer median 3.2%).
Valuation It trades at 2.7× enterprise value to sales against a peer median of 1.9× (6th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 31% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +24 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 4.9 points below its cost of capital (6.5% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.58B | CN¥1.72B | CN¥1.57B | CN¥1.50B | CN¥1.25B |
| Revenue growth | — | +9% | +5% | +20% | — |
| Gross profit | CN¥429M | CN¥404M | CN¥408M | CN¥396M | CN¥351M |
| EBITDA | n/a | CN¥118M | CN¥135M | CN¥137M | -CN¥23.1M |
| Net income | -CN¥55.1M | -CN¥15.2M | CN¥11.1M | CN¥17.8M | -CN¥196M |
| Free cash flow | CN¥93.2M | CN¥92.1M | CN¥127M | CN¥68.6M | -CN¥129M |
| Capital expenditure | CN¥5.79M | CN¥13.6M | CN¥28.5M | CN¥51.4M | CN¥21.8M |
| Total debt | CN¥1.36B | CN¥1.62B | CN¥1.54B | CN¥1.47B | CN¥1.52B |
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.
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 | 300011.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.9% | -9.9% | 6th highest of 21 |
| 6-month return | -26.1% | -27.3% | 11th highest of 21 |
| Distance from 52-week high | -44.9% | -43.4% | 10th lowest of 21 |
| Revenue growth (TTM) | -2.5% | +19.2% | 6th lowest of 21 |
| Operating margin | -0.9% | 3.2% | 6th lowest of 21 |
| EV / Sales | 2.7× | 1.9× | 6th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 31.5% | -1.1% | most demanding of 8 |
| Growth delivered (Del g) | +7.2% | +6.1% | 4th highest of 8 |
| Hurdle (Req g minus delivered) | +24.3 pp | -0.7 pp | most demanding of 8 |
| ROIC minus cost of capital | -4.9 pp | -3.8 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Dinghan Technology 300011.SZ | China | $494M | -26% | -2% | -1% | 2.7× | 31.5% | +7.2% |
| SEMCNS 252990.KS | South Korea | $492M | -20% | +66% | 29% | 5.9× | 14.8% | +16.8% |
| Nantong Xingqiu Graphite 688633.SS | China | $490M | -47% | +44% | 31% | 2.0× | -6.5% | +7.6% |
| Shenzhen Deren Electronic 002055.SZ | China | $502M | -9% | -6% | 4% | 1.2× | n/a | n/a |
| V-Marc India VMARCIND.NS | India | $503M | +93% | +218% | 10% | 2.6× | n/a | n/a |
| Anfu CE LINK 300787.SZ | China | $484M | -4% | +17% | -1% | 1.3× | n/a | n/a |
| Shenzhen UUGreenPower 301590.SZ | China | $507M | -55% | -12% | -11% | 2.1× | n/a | n/a |
| Ram Ratna Wires RAMRAT.NS | India | $508M | +13% | +72% | 4% | 0.8× | n/a | n/a |
| Sichuan Zhongguang Lightning Protection Technologies 300414.SZ | China | $478M | -31% | +21% | 3% | 4.7× | n/a | n/a |
| Zhejiang Tengen Electrics 605066.SS | China | $477M | -21% | -3% | 0% | 1.0× | n/a | n/a |
| Sinostar Cable 300933.SZ | China | $477M | -29% | +13% | 0% | 1.3× | n/a | n/a |
| Harbin Jiuzhou 300040.SZ | China | $513M | -26% | -3% | 9% | 5.3× | 17.6% | +2.6% |
| Shanghai XFH Technology 300890.SZ | China | $475M | -35% | +52% | 7% | 2.7× | n/a | n/a |
| Guoxia Technology 2655.HK | Hong Kong | $513M | -66% | +78% | 9% | 1.3× | n/a | n/a |
| Jiangsu Ruitai New Energy Materials 301238.SZ | China | $474M | -34% | +50% | -5% | n/a | n/a | n/a |
| Maxell 6810.T | Japan | $474M | +2% | +6% | 6% | 0.6× | -1.1% | -1.4% |
| Taier Heavy Industry 002347.SZ | China | $471M | -22% | -1% | -7% | 2.9× | 18.1% | +6.1% |
| Tianneng Power International 0819.HK | Hong Kong | $470M | -47% | +6% | 1% | 0.2× | -1.3% | -0.6% |
| Cheng Mei Materials Technology 4960.TW | Taiwan | $470M | -36% | -7% | -14% | 1.9× | n/a | n/a |
| Zaptec ZAP.OL | Norway | $519M | +31% | +34% | 10% | 2.3× | -2.8% | +47.5% |
| SolaX Power Network Technology (Zhejiang) 688717.SS | China | $468M | -68% | +57% | 0% | 0.5× | n/a | n/a |