Employees: 3,825
Size Beijing Supermap Software (300036.SZ) is a China Information Technology company (Packaged Software) with a market value of $744M, the 2931st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.07 on 6 Nov 2026.
Performance Over six months the shares fell 32.6%, against -11.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 24.1% over the last twelve months (peer median +12.0%); the operating margin is -21.2% (peer median 6.9%).
Valuation It trades at 3.4× enterprise value to sales against a peer median of 2.7× (8th most expensive of 21).
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 -1%, so the hurdle is +32 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 17.0 points below its cost of capital (9.1% WACC).
Next results Next results expected around 19 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.15B | CN¥1.50B | CN¥1.49B | CN¥1.97B | CN¥1.59B |
| Revenue growth | — | +1% | -24% | +24% | — |
| Gross profit | CN¥599M | CN¥744M | CN¥680M | CN¥1,000M | CN¥662M |
| EBITDA | n/a | CN¥153M | -CN¥26.6M | CN¥204M | -CN¥76.9M |
| Net income | -CN¥197M | CN¥46.8M | -CN¥171M | CN¥152M | -CN¥339M |
| Free cash flow | CN¥63.2M | CN¥2.97M | -CN¥260M | CN¥62.7M | -CN¥163M |
| Capital expenditure | CN¥7.33M | CN¥3.88M | CN¥11.4M | CN¥15.9M | CN¥66.8M |
| Total debt | CN¥23.2M | CN¥29.8M | CN¥30.3M | CN¥31.9M | CN¥36.2M |
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| Measure | 300036.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.3% | -2.2% | 10th highest of 21 |
| 6-month return | -32.6% | -11.3% | 5th lowest of 21 |
| Distance from 52-week high | -55.8% | -36.5% | 5th lowest of 21 |
| Revenue growth (TTM) | -24.1% | +12.0% | 2nd lowest of 21 |
| Operating margin | -21.2% | 6.9% | 4th lowest of 21 |
| EV / Sales | 3.4× | 2.7× | 8th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 30.5% | 10.2% | 2nd most demanding of 16 |
| Growth delivered (Del g) | -1.2% | +15.2% | 2nd lowest of 16 |
| Hurdle (Req g minus delivered) | +31.7 pp | -9.2 pp | most demanding of 16 |
| ROIC minus cost of capital | -17.0 pp | -1.1 pp | 5th lowest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijing Supermap Software 300036.SZ | China | $744M | -33% | -24% | -21% | 3.4× | 30.5% | -1.2% |
| Shenzhen Tianyuan DIC Information Technology 300047.SZ | China | $743M | -32% | +14% | 1% | 0.7× | n/a | n/a |
| Sichuan Jiuyuan Yinhai Software 002777.SZ | China | $746M | -22% | -13% | 4% | 4.1× | 31.2% | +1.3% |
| SGSG Science & Technology Co., Ltd. Zhuhai 300561.SZ | China | $749M | -14% | +13% | -40% | 45.5× | n/a | n/a |
| Truecaller TRUE-B.ST | Sweden | $750M | +69% | -16% | 19% | 3.7× | 11.3% | +31.2% |
| IRESS IRE.AX | Australia | $739M | -4% | -14% | 17% | 2.4× | 10.2% | +0.5% |
| Lectra LSS.PA | France | $754M | +10% | -6% | 6% | 1.6× | 12.6% | +16.5% |
| Linewell Software 603636.SS | China | $755M | -2% | -42% | -111% | 11.1× | 16.4% | -11.5% |
| WingArc1st 4432.T | Japan | $755M | +29% | +15% | 30% | 3.3× | -7.6% | +11.1% |
| Docebo DCBO.TO | Canada | $732M | +44% | +11% | 9% | 3.1× | 14.1% | +32.1% |
| New Trend International Logis-Tech 300532.SZ | China | $728M | -7% | +56% | 7% | 1.4× | n/a | n/a |
| Asseco Business Solutions ABS.WA | Poland | $728M | -6% | +15% | 33% | 5.5× | 3.8% | +11.1% |
| Shenzhen Bingchuan Network 300533.SZ | China | $763M | -18% | -5% | -10% | 1.3× | 4.7% | +46.0% |
| CaoCao 2643.HK | Hong Kong | $725M | -59% | +38% | -3% | 0.5× | n/a | n/a |
| Similarweb SMWB | United States | $724M | +141% | +10% | -2% | 2.3× | 28.2% | +24.8% |
| Intellect Design Arena INTELLECT.NS | India | $766M | -34% | +17% | 12% | 2.0× | 28.1% | +15.2% |
| Pexip PEXIP.OL | Norway | $722M | -18% | +9% | 26% | 5.0× | -0.3% | +12.6% |
| LINK Mobility LINK.OL | Norway | $771M | -9% | +16% | 6% | 1.1× | 5.7% | +14.9% |
| MNTN MNTN | United States | $776M | -38% | +21% | 15% | 1.7× | 0.2% | +41.0% |
| CiDi 3881.HK | Hong Kong | $777M | -43% | +139% | -48% | 3.8× | n/a | n/a |
| Dynavox DYVOX.ST | Sweden | $778M | -14% | +10% | 13% | 3.2× | 7.6% | +22.5% |