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← CockpitCompetitor Analysis › 300148.SZ Tangel Culture Co. Ltd. Class AOpen in the cockpit ↗

Tangel Culture Co. Ltd. Class A300148.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Packaged Software
Momentum leader 90
Mkt cap
$472M
US dollars, full cap
Free float
84%
of shares outstanding
$/day
$29.9M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-0.8 pp
WACC 8.6%
Hurdle
+33 pp
Req g minus delivered
Close · CNYCN¥3.84
1D-1.0%
1W+13.6%
1M+11.0%
3M+11.3%
6M-7.7%
YTD-12.5%
1Y-18.5%
ATR %5.5%
52w lowhigh37.5% off high

What Tangel Culture does

Employees: 369

Tangel Culture at a glance

Size Tangel Culture (300148.SZ) is a China Information Technology company (Packaged Software) with a market value of $472M, the 4000th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.84 on 6 Nov 2026.

Performance Over six months the shares fell 7.7%, against -25.2% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 9.1% over the last twelve months (peer median +9.0%); the operating margin is 8.9% (peer median 9.0%).

Valuation It trades at 4.7× enterprise value to sales against a peer median of 2.3× (7th most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +33 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 0.8 points below its cost of capital (8.6% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026300148.SZ 92Peer median 75
Six months, rebased to 100: Tangel Culture against the median of its 20 peers (local-currency closes).

Tangel Culture financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥557MCN¥578MCN¥460MCN¥448MCN¥606M
Revenue growth—+26%+3%-26%—
Gross profitCN¥178MCN¥143MCN¥109MCN¥117MCN¥165M
EBITDAn/aCN¥62.0MCN¥24.9M-CN¥16.4M-CN¥30.8M
Net incomeCN¥61.6MCN¥67.7MCN¥32.8M-CN¥59.8M-CN¥329M
Free cash flowCN¥46.9MCN¥78.8M-CN¥49.5MCN¥66.4MCN¥129M
Capital expenditureCN¥1.93MCN¥3.05MCN¥23.7MCN¥10.7MCN¥16.8M
Total debtCN¥96.7MCN¥108MCN¥115MCN¥91.5MCN¥97.4M

Quarterly statements and history in the cockpit →

Tangel Culture 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

-75%-50%-25%0%+25%-20%0%+20%GBG44759678688648EQSHKD3632CRWGRVY5036603232002425688168225570BOKUDATAMATICSNXL1INNBRAI300148.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Tangel Culture is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×10×20×GBG44759678688648EQSHKDGRVY5036603232002425688168225570NXL6885791INN300148.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tangel Culture is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%GBG4475EQSHKDCRWBOKUNXL6885791INN300148.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. Tangel Culture is the large dot.

Tangel Culture competitors and peer comparison

How Tangel Culture 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.

Tangel Culture against its 20 peers (data as of 6 Nov 2026)
Measure300148.SZPeer medianRank in peer set
1-month return+11.0%-2.9%3rd highest of 21
6-month return-7.7%-25.2%6th highest of 21
Distance from 52-week high-37.5%-40.1%10th highest of 21
Revenue growth (TTM)+9.1%+9.0%10th highest of 20
Operating margin8.9%9.0%10th lowest of 20
EV / Sales4.7×2.3×7th most expensive of 19
Growth the price implies (Req g, 7 yrs)25.6%9.9%2nd most demanding of 11
Growth delivered (Del g)-7.4%+14.4%lowest of 11
Hurdle (Req g minus delivered)+33.0 pp-0.9 ppmost demanding of 11
ROIC minus cost of capital-0.8 pp-9.3 pp7th highest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Tangel Culture 300148.SZChina$472M-8%+9%9%4.7×25.6%-7.4%
GB Group PLC GBG.LUnited Kingdom$472M-29%+1%11%1.5×4.6%+5.5%
Hennge K.k 4475.TJapan$471M+132%+19%17%5.4×21.7%+21.3%
Unisound AI Technology 9678.HKHong Kong$470M-84%+40%-18%2.0×n/an/a
China Post Technology 688648.SSChina$474M-33%+52%-7%1.4×n/an/a
Equasens EQS.PAFrance$468M-25%+9%21%1.7×-6.4%+6.6%
AMTD Digital, Inc. Sponsored ADR HKDUnited States$468M-15%+22%27%23.9×48.8%+18.5%
GREE Holdings.Inc 3632.TJapan$475M+20%-10%8%n/an/an/a
Craneware CRW.LUnited Kingdom$467M-32%-3%14%2.2×2.9%+22.2%
Gravity Co., Ltd. Sponsored ADR GRVYUnited States$467M+3%-2%16%0.1×n/an/a
Japan Business Systems 5036.TJapan$477M+16%+25%4%0.5×n/an/a
Koal Software 603232.SSChina$479M-26%-18%-33%7.7×n/an/a
Kaiser (China) Culture 002425.SZChina$461M-10%-3%-53%5.8×n/an/a
Beijing ABT Networks 688168.SSChina$485M-52%-73%-33%13.0×n/an/a
NEXON Games 225570.KSSouth Korea$457M-18%-31%-26%3.3×n/an/a
BOKU BOKU.LUnited Kingdom$490M-29%+10%9%2.3×9.1%+17.3%
Datamatics Global Services DATAMATICS.NSIndia$453M-12%+11%16%1.9×10.8%+11.6%
Nuix NXL.AXAustralia$452M+37%+19%12%2.4×23.0%+8.4%
Dareway Intelligent Technology 688579.SSChina$450M-26%-21%-2%6.1×18.9%+0.9%
innoscripta 1INN.DEGermany$495M-37%+42%61%3.5×-13.3%+55.9%
Braiin BRAIUnited States$447M-70%n/an/an/an/an/a

Questions

Which companies are Tangel Culture's closest peers?
The cockpit's peer set: GB Group PLC (GBG.L), Hennge K.k (4475.T), Unisound AI Technology (9678.HK), China Post Technology (688648.SS), Equasens (EQS.PA), AMTD Digital, Inc. Sponsored ADR (HKD), GREE Holdings.Inc (3632.T), Craneware (CRW.L).
Is Tangel Culture expensive compared with its peers?
On ev / sales it trades at 4.7× against a peer median of 2.3×, 7th most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +33 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.
How has Tangel Culture stock performed?
Over six months to 6 Nov 2026 the shares returned -7.7% against -25.2% for the median peer; over one year -18.5%.

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.