Loading…
← CockpitCompetitor Analysis › 300130.SZ XGD, Inc. Class AOpen in the cockpit ↗

XGD, Inc. Class A300130.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Computer Processing Hardware

Chinese maker of smart POS and payment terminals, including QR-code, facial-recognition and cloud payment devices.

≈ A China-focused Verifone/PAXMomentum strong 63
Mkt cap
$1.49B
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$29.1M
20-day average traded
Fwd P/E
17.9×
forward earnings
ROIC−WACC
+39.4 pp
WACC 7.3%
Hurdle
-0 pp
Req g minus delivered
Next earnings
140 days
26 Mar 2027
Close · CNYCN¥17.68
1D-2.8%
1W+9.2%
1M+3.2%
3M-7.4%
6M-20.1%
YTD-36.2%
1Y-33.5%
ATR %4.6%
52w lowhigh43.2% off high

What XGD does

Chinese maker of smart POS and payment terminals, including QR-code, facial-recognition and cloud payment devices.

Sells terminals in volume to banks, payment processors and merchants, often through supplier tenders, so orders arrive in waves tied to upgrade cycles such as the switch to QR-code and facial-recognition payments.

In one line: A China-focused Verifone/PAX.

Products and services

  • Smart POS terminals
  • QR/facial-recognition payment terminals
  • BPO/digital services

Customers

  • Banks/payment processors
  • Retailers/merchants

Where it sits in the supply chain

  • Information Technology
  • Payment hardware
  • Smart POS terminals

What could go right

  • Digital-payment terminal upgrade cycles

What could go wrong

  • Price competition
  • Payment-hardware commoditization

Moat: narrow (customer qualification, installed base). Payment terminals require financial-industry certification and bank/processor relationships.

Headquarters: Shenzhen, China · Founded: 2001 · Employees: 1,392

Named competitors

XGD at a glance

Size XGD (300130.SZ) is a China Information Technology company (Computer Processing Hardware) with a market value of $1.49B, the 1639th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥17.68 on 6 Nov 2026.

Performance Over six months the shares fell 20.1%, against -19.0% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 18 in its peer set.

Growth Revenue grew 21.2% over the last twelve months (peer median +14.5%); the operating margin is 11.7% (peer median 6.3%).

Valuation It trades at 17.9× forward earnings against a peer median of 17.5× (7th most expensive of 14).

Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -0 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 39.4 points above its cost of capital (7.3% WACC).

Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 81300130.SZ 78
Six months, rebased to 100: XGD against the median of its 20 peers (local-currency closes).

XGD financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.69BCN¥3.17BCN¥3.11BCN¥3.79BCN¥4.30B
Revenue growth—+2%-18%-12%—
Gross profitCN¥1.19BCN¥1.06BCN¥1.23BCN¥1.45BCN¥1.07B
EBITDAn/aCN¥456MCN¥594MCN¥775MCN¥414M
Net incomeCN¥456MCN¥469MCN¥234MCN¥755MCN¥44.7M
Free cash flowCN¥199MCN¥390MCN¥701MCN¥1.13BCN¥231M
Capital expenditureCN¥136MCN¥44.5MCN¥21.5MCN¥11.5MCN¥22.7M
Total debtCN¥356MCN¥190MCN¥233MCN¥101MCN¥103M

Quarterly statements and history in the cockpit →

XGD 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

-25%0%+25%+50%-40%-20%0%600728300188KTN603327RPI2352MILDEF688100INFQ0006823005300773988923536197300130.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. XGD is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%+80%20×40×600728KTNRPI2352MILDEF6881000006823005300773001314300130.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. XGD is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%600728KTNRPIMILDEF688100000682300530077330133098896197300130.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. XGD is the large dot.

XGD competitors and peer comparison

Head to head with its named competitors (300130.SZ vs 0327.HK vs 000997.SZ vs 300773.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
XGD 300130.SZ$1.49B-20%+21%12%17.9×3.8%
PAX Global Technology 0327.HK$444M-21%+10%16%4.0×n/a
Newland Digital Technology 000997.SZ$2.56B-14%+29%11%16.0×n/a
Lakala Payment 300773.SZ$2.32B-25%+17%4%17.4×14.2%

How XGD 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.

XGD against its 20 peers (data as of 6 Nov 2026)
Measure300130.SZPeer medianRank in peer set
1-month return+3.2%-6.5%5th highest of 21
6-month return-20.1%-19.0%8th lowest of 18
Distance from 52-week high-43.2%-42.7%11th highest of 21
Revenue growth (TTM)+21.2%+14.5%7th highest of 17
Operating margin11.7%6.3%5th highest of 20
Forward P/E17.9×17.5×7th most expensive of 14
Growth the price implies (Req g, 7 yrs)3.8%7.2%3rd least demanding of 12
Growth delivered (Del g)+3.8%+15.5%3rd lowest of 12
Hurdle (Req g minus delivered)-0.1 pp-2.7 pp5th most demanding of 12
ROIC minus cost of capital+39.4 pp+0.0 pp2nd highest of 20

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
XGD 300130.SZChina$1.49B-20%+21%12%17.9×3.8%+3.8%
IQM Quantum Computers Oyj Sponsored ADR IQMXUnited States$1.49Bn/an/a-492%n/an/an/a
PCI Technology 600728.SSChina$1.58B-7%+11%0%55.3×23.0%+18.8%
IQM Quantum Computers IQMX.HEFinland$1.41Bn/an/a-492%n/an/an/a
SDIC Intelligence Information Technology 300188.SZChina$1.35B-15%-15%-53%n/an/an/a
Kontron KTN.DEGermany$1.31B-19%-7%7%11.5×4.2%+5.1%
Sichuan Furong Technology 603327.SSChina$1.30B-26%+22%6%n/an/an/a
Raspberry PI RPI.LUnited Kingdom$1.29B-27%+71%9%32.2×14.4%+17.2%
Qisda 2352.TWTaiwan$1.28B+7%0%1%24.3×n/an/a
MilDef MILDEF.STSweden$1.17B+54%+76%17%31.2×5.1%+38.7%
Willfar Information Technology 688100.SSChina$1.98B-28%-9%20%22.4×17.0%+15.5%
Infleqtion INFQUnited States$2.00B-27%n/a-315%n/an/an/a
Dongfang Electronics 000682.SZChina$2.06B-21%+14%7%13.7×8.9%+17.4%
Getac 3005.TWTaiwan$2.20B+19%+9%15%12.1×-7.0%+7.2%
Lakala Payment 300773.SZChina$2.32B-25%+17%4%17.4×14.2%0.0%
Pasqal PSQLUnited States$923Mn/an/an/an/an/an/a
Zkteco 301330.SZChina$876M-19%+24%11%n/a7.2%+3.4%
JBCC 9889.TJapan$852M+61%+9%10%18.6×-4.7%+4.8%
Acer 2353.TWTaiwan$2.63B+4%+15%2%16.4×n/an/a
Jess-Link Products 6197.TWTaiwan$814M-10%+21%22%15.7×6.1%+16.2%
Emdoor Information 001314.SZChina$791M-26%+74%3%17.5×n/an/a

Questions

Who are XGD's main competitors?
Named competitors: PAX Global Technology (0327.HK), Newland Digital Technology (000997.SZ), Lakala Payment (300773.SZ), Verifone (private or unlisted). The cockpit's measured peer set (industry) also includes IQM Quantum Computers Oyj Sponsored ADR (IQMX), PCI Technology (600728.SS), IQM Quantum Computers (IQMX.HE), SDIC Intelligence Information Technology (300188.SZ), Kontron (KTN.DE), Sichuan Furong Technology (603327.SS).
Is XGD expensive compared with its peers?
On forward p/e it trades at 17.9× against a peer median of 17.5×, 7th most expensive of 14 in its peer set. For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -0 pp: the price already allows for a slowdown.
How has XGD stock performed?
Over six months to 6 Nov 2026 the shares returned -20.1% against -19.0% for the median peer; over one year -33.5%.

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.