Chinese healthcare and smart-city information systems provider, building hospital IT and medical-insurance platforms.
Chinese healthcare and smart-city information systems provider, building hospital IT and medical-insurance platforms.
Is paid project by project for building and maintaining hospital and medical-insurance systems, with some operating and service fees afterwards, so revenue follows government health IT spending and large contract wins. Public hospitals and insurance bureaus are the main buyers.
In one line: A Chinese Cerner/Epic for hospital & health-insurance IT.
Moat: narrow (switching costs, installed base). Embedded hospital and government health-insurance software is costly to replace.
Headquarters: Shanghai, China · Employees: 4,022
Size Wonders Information (300168.SZ) is a China Information Technology company (Information Technology Services) with a market value of $1.05B, the 2198th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.87 on 6 Nov 2026.
Performance Over six months the shares fell 15.7%, against +9.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 2.8% over the last twelve months (peer median +6.3%); the operating margin is -17.4% (peer median 1.0%).
Valuation It trades at 487.0× forward earnings against a peer median of 16.5× (most expensive of 13).
Price implies For today's price to make sense, revenue must grow about 52% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +59 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 14.3 points below its cost of capital (8.3% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.07B | CN¥2.02B | CN¥2.00B | CN¥2.45B | CN¥3.21B |
| Revenue growth | — | +1% | -18% | -24% | — |
| Gross profit | CN¥398M | CN¥159M | CN¥208M | CN¥175M | CN¥574M |
| EBITDA | n/a | -CN¥368M | -CN¥452M | -CN¥506M | CN¥51.5M |
| Net income | -CN¥372M | -CN¥572M | -CN¥686M | -CN¥899M | -CN¥290M |
| Free cash flow | CN¥49.0M | -CN¥148M | -CN¥195M | -CN¥568M | -CN¥199M |
| Capital expenditure | CN¥149M | CN¥195M | CN¥175M | CN¥434M | CN¥262M |
| Total debt | CN¥2.79B | CN¥2.83B | CN¥2.55B | CN¥2.69B | CN¥3.54B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Wonders Information 300168.SZ | $1.05B | -16% | +3% | -17% | 487.0× | 51.6% |
| Winning Health Technology 300253.SZ | $2.31B | -19% | +6% | -20% | 351.5× | 18.9% |
| Neusoft 600718.SS | $1.51B | -3% | -5% | -5% | 37.1× | -6.1% |
| Motic (Xiamen) Electric 300341.SZ | $957M | -20% | +19% | 12% | n/a | 17.7% |
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 | 300168.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.5% | -1.0% | 10th highest of 21 |
| 6-month return | -15.7% | +9.2% | 8th lowest of 21 |
| Distance from 52-week high | -41.2% | -28.6% | 9th lowest of 21 |
| Revenue growth (TTM) | +2.8% | +6.3% | 10th lowest of 21 |
| Operating margin | -17.4% | 1.0% | 5th lowest of 21 |
| Forward P/E | 487.0× | 16.5× | most expensive of 13 |
| Growth the price implies (Req g, 7 yrs) | 51.6% | 6.1% | most demanding of 14 |
| Growth delivered (Del g) | -7.6% | +10.5% | 2nd lowest of 13 |
| Hurdle (Req g minus delivered) | +59.2 pp | -0.3 pp | most demanding of 13 |
| ROIC minus cost of capital | -14.3 pp | -4.6 pp | 5th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wonders Information 300168.SZ | China | $1.05B | -16% | +3% | -17% | 487.0× | 51.6% | -7.6% |
| Grid Dynamics GDYN | United States | $1.05B | +88% | +7% | 4% | 21.8× | 27.8% | +29.9% |
| E2E Networks E2E.NS | India | $1.06B | +49% | +252% | 28% | 60.1× | n/a | n/a |
| China Reform Health Management & Services 000503.SZ | China | $1.03B | -11% | +6% | -45% | n/a | n/a | n/a |
| Systena 2317.T | Japan | $1.02B | +4% | +6% | 16% | 14.5× | -10.9% | +9.2% |
| Northsand,Inc 446A.T | Japan | $1.11B | +99% | +60% | 21% | 26.0× | 2.3% | n/a |
| Shenzhen Das Intellitech 002421.SZ | China | $996M | +5% | -17% | -17% | n/a | 14.8% | -8.8% |
| Rapid7 RPD | United States | $989M | +113% | 0% | 2% | 7.7× | 21.4% | +15.9% |
| Nagarro NA9.DE | Germany | $1.12B | +78% | +1% | 8% | 16.9× | 3.8% | +18.4% |
| Shanghai Ganglian E-Commerce 300226.SZ | China | $979M | -21% | +1% | 0% | 19.9× | 6.1% | +3.9% |
| DTS 9682.T | Japan | $1.14B | +14% | 0% | 12% | 15.5× | -9.1% | +8.4% |
| Strait Innovation Internet 300300.SZ | China | $964M | -23% | -8% | -66% | n/a | n/a | n/a |
| Nanjing Sciyon Wisdom Technology 002380.SZ | China | $957M | -22% | +7% | 12% | 16.2× | 11.3% | +17.4% |
| 4DMedical 4DX.AX | Australia | $952M | -33% | +21% | -814% | n/a | n/a | n/a |
| Insigma Technology 600797.SS | China | $943M | -28% | -13% | 0% | n/a | 20.0% | -2.9% |
| Asseco South Eastern Europe ASE.WA | Poland | $940M | +20% | +7% | 16% | 16.0× | -0.9% | +11.9% |
| Shanghai Fengyuzhu Culture Technology 603466.SS | China | $1.21B | +40% | -23% | -4% | 74.3× | n/a | n/a |
| Tanla Platforms TANLA.NS | India | $915M | +14% | +18% | 14% | 14.6× | 15.0% | +13.5% |
| ArcherMind Technology 300598.SZ | China | $906M | -24% | +7% | -5% | n/a | n/a | n/a |
| Taiji Computer 002368.SZ | China | $1.24B | -23% | -37% | -27% | n/a | 4.1% | -1.8% |
| Zhejiang Whyis Technology 301218.SZ | China | $1.27B | +147% | +23% | -15% | n/a | n/a | n/a |