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Employees: 1,711
Size Rastar (300043.SZ) is a China Information Technology company (Packaged Software) with a market value of $870M, the 2583rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.66 on 6 Nov 2026.
Performance Over six months the shares fell 20.3%, against -14.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue fell 42.9% over the last twelve months (peer median +21.1%); the operating margin is 20.2% (peer median 7.1%).
Valuation It trades at 5.5× enterprise value to sales against a peer median of 3.2× (5th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +7 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 2.5 points above its cost of capital (7.1% WACC).
Next results Next results expected around 3 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.17B | CN¥2.09B | CN¥1.36B | CN¥1.73B | CN¥1.60B |
| Revenue growth | — | +54% | -22% | +8% | — |
| Gross profit | CN¥737M | CN¥1.16B | CN¥293M | CN¥571M | CN¥292M |
| EBITDA | n/a | CN¥394M | -CN¥57.3M | CN¥266M | CN¥124M |
| Net income | CN¥191M | CN¥302M | -CN¥458M | CN¥27.7M | -CN¥310M |
| Free cash flow | CN¥265M | CN¥432M | -CN¥10.1M | -CN¥30.1M | -CN¥82.3M |
| Capital expenditure | CN¥35.0M | CN¥109M | CN¥171M | CN¥244M | CN¥286M |
| Total debt | CN¥773M | CN¥752M | CN¥1.90B | CN¥1.91B | CN¥1.96B |
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 | 300043.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.2% | -1.5% | 3rd highest of 21 |
| 6-month return | -20.3% | -14.4% | 8th lowest of 21 |
| Distance from 52-week high | -41.4% | -36.1% | 9th lowest of 21 |
| Revenue growth (TTM) | -42.9% | +21.1% | lowest of 21 |
| Operating margin | 20.2% | 7.1% | 4th highest of 21 |
| EV / Sales | 5.5× | 3.2× | 5th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 10.6% | 14.6% | 6th least demanding of 12 |
| Growth delivered (Del g) | +3.7% | +15.8% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | +6.9 pp | -16.3 pp | 3rd most demanding of 12 |
| ROIC minus cost of capital | +2.5 pp | -4.9 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Rastar 300043.SZ | China | $870M | -20% | -43% | 20% | 5.5× | 10.6% | +3.7% |
| Appier 4180.T | Japan | $869M | +50% | +28% | 7% | 2.6× | 19.5% | +37.3% |
| Frequentis FQT.DE | Germany | $870M | -15% | +34% | 9% | 1.1× | -7.6% | +14.1% |
| Shenzhen Farben Information Technology 300925.SZ | China | $867M | -27% | +22% | 1% | 0.9× | n/a | n/a |
| BlackSky Technology BKSY | United States | $873M | -46% | +4% | -43% | 7.8× | n/a | n/a |
| Montnets Cloud Technology 002123.SZ | China | $875M | -21% | -30% | -11% | 2.9× | n/a | n/a |
| Cybozu 4776.T | Japan | $862M | +43% | +20% | 27% | 3.2× | -2.8% | +19.0% |
| Fujian Boss Software 300525.SZ | China | $861M | -24% | -5% | 8% | 2.9× | 5.4% | +12.1% |
| Beijing Shenzhou Aerospace Software Technology 688562.SS | China | $878M | -21% | +24% | -5% | 3.5× | n/a | n/a |
| Timee 215A.T | Japan | $878M | +9% | +56% | 18% | 3.2× | 0.0% | +89.1% |
| HealthStream HSTM | United States | $884M | +21% | +10% | 8% | 2.4× | 14.6% | +4.4% |
| Beijing Global Safety Technology 300523.SZ | China | $855M | -14% | +29% | -11% | 3.3× | n/a | n/a |
| Viant Technology DSP | United States | $854M | +7% | +22% | 36% | 2.3× | -4.6% | +15.8% |
| Qt Group Plc QTCOM.HE | Finland | $887M | +62% | +17% | 16% | 3.6× | 16.4% | +22.2% |
| Youon Technology 603776.SS | China | $852M | +3% | +34% | -28% | 5.1× | 16.7% | -14.0% |
| Beijing eGOVA 300075.SZ | China | $851M | -29% | -5% | -102% | 8.7× | n/a | n/a |
| PAR Technology PAR | United States | $850M | +43% | +19% | -10% | 2.4× | n/a | n/a |
| Fujian Apex Software 603383.SS | China | $848M | -15% | -8% | 25% | 7.9× | 16.4% | +10.7% |
| Lunit 328130.KS | South Korea | $846M | -25% | +24% | -76% | 11.7× | n/a | n/a |
| Vobile 3738.HK | Hong Kong | $844M | -17% | +20% | 13% | 2.4× | n/a | n/a |
| RateGain Travel Technologies RATEGAIN.NS | India | $910M | +15% | +114% | 15% | 3.7× | 32.4% | +48.7% |