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← CockpitCompetitor Analysis › 300222.SZ CSG Smart Science&Technology Co., Ltd. Class AOpen in the cockpit ↗

CSG Smart Science&Technology Co., Ltd. Class A300222.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Shenzhen-based maker of smart electricity meters, grid automation and energy-storage systems.

Momentum laggard 18
Mkt cap
$966M
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$22.6M
20-day average traded
Fwd P/E
30.5×
forward earnings
ROIC−WACC
-7.1 pp
WACC 9.8%
Hurdle
n/a
no reverse DCF
Next earnings
164 days
19 Apr 2027
Close · CNYCN¥8.23
1D-2.3%
1W+5.1%
1M-11.8%
3M-20.9%
6M-26.5%
YTD-24.8%
1Y-33.2%
ATR %4.8%
52w lowhigh53.4% off high

What CSG Smart Science&Technology does

Shenzhen-based maker of smart electricity meters, grid automation and energy-storage systems.

Products and services

  • Smart electricity meters
  • Energy storage systems
  • EV charging equipment

Customers

  • State Grid Corporation of China
  • Utility customers

Where it sits in the supply chain

  • Power equipment
  • Smart meters & grid automation
  • Energy storage systems

What could go right

  • Smart grid rollout
  • Energy storage demand growth

What could go wrong

  • State Grid tender price competition
  • Past financial distress history

Moat: narrow (customer qualification). Qualified smart-meter supplier to State Grid tenders, though the segment is price-competitive.

Headquarters: Shenzhen, Guangdong, China · Founded: 1996 · Employees: 1,579

Named competitors

CSG Smart Science&Technology at a glance

Size CSG Smart Science&Technology (300222.SZ) is a China Industrials company (Electrical Products) with a market value of $966M, the 2360th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.23 on 6 Nov 2026.

Performance Over six months the shares fell 26.5%, against -21.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.

Growth Revenue grew 25.8% over the last twelve months (peer median +9.6%); the operating margin is 1.6% (peer median 8.8%).

Valuation It trades at 30.5× forward earnings against a peer median of 16.2× (2nd most expensive of 11).

Capital Return on invested capital runs 7.1 points below its cost of capital (9.8% WACC).

Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).

Relative performance

7510012511 May 202611 Aug 20266 Nov 2026Peer median 77300222.SZ 66
Six months, rebased to 100: CSG Smart Science&Technology against the median of its 20 peers (local-currency closes).

CSG Smart Science&Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.46BCN¥3.05BCN¥2.73BCN¥3.09BCN¥3.32B
Revenue growth—+12%-12%-7%—
Gross profitCN¥773MCN¥650MCN¥654MCN¥687MCN¥590M
EBITDAn/aCN¥94.5MCN¥95.0M-CN¥80.9M-CN¥189M
Net incomeCN¥83.9MCN¥80.8MCN¥70.0M-CN¥128M-CN¥292M
Free cash flow-CN¥65.3MCN¥188MCN¥82.0MCN¥39.0M-CN¥158M
Capital expenditureCN¥88.5MCN¥21.9MCN¥42.2MCN¥50.6MCN¥54.9M
Total debtCN¥974MCN¥678MCN¥1.01BCN¥1.19BCN¥1.50B

Quarterly statements and history in the cockpit →

CSG Smart Science&Technology 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

-50%0%-20%0%001382002471301631FLNC300393TARIL300341MRN002350605305603333003033603855ELECON000533DSCV0023466053656516300222.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. CSG Smart Science&Technology is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%10×20×30×301631300393TARILMRN605305603855ELECONDSCV6053656516300222.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CSG Smart Science&Technology is the large dot.

CSG Smart Science&Technology competitors and peer comparison

Head to head with its named competitors (300222.SZ vs 3393.HK vs 601567.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
CSG Smart Science&Technology 300222.SZ$966M-27%+26%2%30.5×n/a
Wasion 3393.HK$1.43B-59%+22%16%8.0×-11.3%
Ningbo Sanxing Medical Electric 601567.SS$2.66B-37%-11%3%15.8×4.8%

How CSG Smart Science&Technology 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.

CSG Smart Science&Technology against its 20 peers (data as of 6 Nov 2026)
Measure300222.SZPeer medianRank in peer set
1-month return-11.8%-6.3%6th lowest of 21
6-month return-26.5%-21.4%8th lowest of 20
Distance from 52-week high-53.4%-39.1%6th lowest of 21
Revenue growth (TTM)+25.8%+9.6%4th highest of 21
Operating margin1.6%8.8%5th lowest of 20
Forward P/E30.5×16.2×2nd most expensive of 11
ROIC minus cost of capital-7.1 pp-2.2 pp4th lowest 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
CSG Smart Science&Technology 300222.SZChina$966M-27%+26%2%30.5×n/an/a
Guangdong Xinyaguang Cable 001382.SZChina$968M-21%+12%4%n/an/an/a
Jiangsu Zhongchao 002471.SZChina$963M-45%-5%1%n/an/an/a
Shenzhen Uniconn Technology 301631.SZChina$969M-34%+32%5%17.1×18.2%+49.0%
Fluence Energy FLNCUnited States$973M-78%+7%-4%n/an/an/a
Jolywood (Suzhou) Sunwatt 300393.SZChina$958M-42%-48%-62%30.8×5.1%-2.7%
Transformers and Rectifiers (India) TARIL.NSIndia$974M-7%+27%15%26.3×n/an/a
Motic (Xiamen) Electric 300341.SZChina$957M-20%+19%12%n/a17.7%+5.1%
Mersen MRN.PAFrance$976M-1%-3%9%13.1×11.0%+7.0%
Temb Intelligent Tech Shandong 603448.SSChina$951Mn/a+16%n/an/a45.6%n/a
Beijing Creative 002350.SZChina$946M-19%+7%-1%n/a54.8%-0.3%
Ficont Industry(Beijing) 605305.SSChina$989M-35%+15%26%10.6×-1.1%+22.5%
Sunway 603333.SSChina$941M+1%+68%3%n/an/an/a
Qingdao CHOHO Industrial 003033.SZChina$939M+36%+6%9%n/a14.2%+14.6%
Warom Technology 603855.SSChina$938M+1%-18%15%14.6×-2.6%+7.1%
Elecon Engineering ELECON.NSIndia$995M-26%+5%17%24.6×31.3%+17.8%
Guangdong Shunna Electric 000533.SZChina$996M-24%+25%6%n/a16.8%+8.7%
discoverIE DSCV.LUnited Kingdom$997M+17%+5%10%17.1×21.4%+7.9%
Shanghai Zhezhong 002346.SZChina$928M-21%+23%15%n/a22.1%+7.0%
Leedarson IoT Technology 605365.SSChina$1.01B-55%-2%4%15.4×n/an/a
Sanyo Denki 6516.TJapan$1.01B-39%+20%12%11.4×9.0%+6.7%

Questions

Who are CSG Smart Science&Technology's main competitors?
Named competitors: Wasion Holdings (3393.HK), Ningbo Sanxing Medical Electric (601567.SS). The cockpit's measured peer set (industry) also includes Guangdong Xinyaguang Cable (001382.SZ), Jiangsu Zhongchao (002471.SZ), Shenzhen Uniconn Technology (301631.SZ), Fluence Energy (FLNC), Jolywood (Suzhou) Sunwatt (300393.SZ), Transformers and Rectifiers (India) (TARIL.NS).
Is CSG Smart Science&Technology expensive compared with its peers?
On forward p/e it trades at 30.5× against a peer median of 16.2×, 2nd most expensive of 11 in its peer set.
How has CSG Smart Science&Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -26.5% against -21.4% for the median peer; over one year -33.2%.

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.