Xiamen-based maker of optical microscopes for education, laboratory, medical and industrial customers worldwide.
Xiamen-based maker of optical microscopes for education, laboratory, medical and industrial customers worldwide.
Sells microscopes through distributors and subsidiaries worldwide, a business that follows school and lab budgets. The Electric in its name reflects a second line making power-grid electrical equipment, and its pathology business scans glass slides so they can be read on screens.
In one line: A Chinese Olympus/Leica Microsystems (microscopes).
Moat: narrow (brand, distribution). Motic is a recognized global microscope brand with an established distribution network, though it competes with larger optical majors.
Headquarters: Xiamen, Fujian, China · Founded: 1988 · Employees: 1,937
Size Motic (Xiamen) Electric (300341.SZ) is a China Industrials company (Electrical Products) with a market value of $957M, the 2385th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.30 on 6 Nov 2026.
Performance Over six months the shares fell 19.6%, against -20.7% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue grew 18.8% over the last twelve months (peer median +13.6%); the operating margin is 11.6% (peer median 4.9%).
Valuation It trades at 3.3× enterprise value to sales against a peer median of 2.3× (7th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is +13 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 3.8 points above its cost of capital (9.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.73B | CN¥1.52B | CN¥1.35B | CN¥1.36B | CN¥1.79B |
| Revenue growth | — | +13% | -1% | -24% | — |
| Gross profit | CN¥694M | CN¥583M | CN¥550M | CN¥540M | CN¥762M |
| EBITDA | n/a | CN¥194M | CN¥219M | CN¥229M | CN¥417M |
| Net income | CN¥198M | CN¥172M | CN¥161M | CN¥169M | CN¥261M |
| Free cash flow | CN¥133M | CN¥61.7M | CN¥123M | CN¥192M | CN¥169M |
| Capital expenditure | CN¥75.3M | CN¥84.9M | CN¥99.8M | CN¥114M | CN¥70.4M |
| Total debt | CN¥19.8M | CN¥31.8M | CN¥35.0M | CN¥25.4M | CN¥27.0M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Motic (Xiamen) Electric 300341.SZ | $957M | -20% | +19% | 12% | 3.3× | 17.7% |
| Olympus 7733.T | $12.2B | +13% | +8% | 16% | 2.0× | -1.5% |
| Nikon 7731.T | $3.17B | -12% | -4% | -2% | 0.8× | n/a |
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 | 300341.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.9% | -7.4% | 6th highest of 21 |
| 6-month return | -19.6% | -20.7% | 10th highest of 20 |
| Distance from 52-week high | -38.2% | -39.2% | 10th highest of 21 |
| Revenue growth (TTM) | +18.8% | +13.6% | 9th highest of 21 |
| Operating margin | 11.6% | 4.9% | 6th highest of 20 |
| EV / Sales | 3.3× | 2.3× | 7th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 17.7% | 18.2% | 7th least demanding of 14 |
| Growth delivered (Del g) | +5.1% | +8.7% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | +12.6 pp | +7.9 pp | 4th most demanding of 13 |
| ROIC minus cost of capital | +3.8 pp | -3.7 pp | 3rd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Motic (Xiamen) Electric 300341.SZ | China | $957M | -20% | +19% | 12% | 3.3× | 17.7% | +5.1% |
| Jolywood (Suzhou) Sunwatt 300393.SZ | China | $958M | -42% | -48% | -62% | 4.9× | 5.1% | -2.7% |
| Jiangsu Zhongchao 002471.SZ | China | $963M | -45% | -5% | 1% | 1.7× | n/a | n/a |
| Temb Intelligent Tech Shandong 603448.SS | China | $951M | n/a | +16% | n/a | 1.9× | 45.6% | n/a |
| CSG Smart Science&Technology 300222.SZ | China | $966M | -27% | +26% | 2% | 2.0× | n/a | n/a |
| Guangdong Xinyaguang Cable 001382.SZ | China | $968M | -21% | +12% | 4% | 2.0× | n/a | n/a |
| Shenzhen Uniconn Technology 301631.SZ | China | $969M | -34% | +32% | 5% | 1.1× | 18.2% | +49.0% |
| Beijing Creative 002350.SZ | China | $946M | -19% | +7% | -1% | 2.7× | 54.8% | -0.3% |
| Fluence Energy FLNC | United States | $973M | -78% | +7% | -4% | 0.4× | n/a | n/a |
| Transformers and Rectifiers (India) TARIL.NS | India | $974M | -7% | +27% | 15% | 3.4× | n/a | n/a |
| Sunway 603333.SS | China | $941M | +1% | +68% | 3% | 3.1× | n/a | n/a |
| Mersen MRN.PA | France | $976M | -1% | -3% | 9% | 1.1× | 11.0% | +7.0% |
| Qingdao CHOHO Industrial 003033.SZ | China | $939M | +36% | +6% | 9% | 3.3× | 14.2% | +14.6% |
| Warom Technology 603855.SS | China | $938M | +1% | -18% | 15% | 2.0× | -2.6% | +7.1% |
| Shanghai Zhezhong 002346.SZ | China | $928M | -21% | +23% | 15% | 5.9× | 22.1% | +7.0% |
| Ficont Industry(Beijing) 605305.SS | China | $989M | -35% | +15% | 26% | 2.5× | -1.1% | +22.5% |
| Fujian Nanping Sun Cable 002300.SZ | China | $924M | -9% | +9% | 0% | 0.7× | 19.6% | +8.7% |
| Changshu Fengfan Power Equipment 601700.SS | China | $924M | 0% | +31% | -9% | 2.2× | n/a | n/a |
| Kunshan GuoLi Electronic Technology 688103.SS | China | $924M | +7% | +34% | 5% | 4.0× | 37.7% | +26.6% |
| Elecon Engineering ELECON.NS | India | $995M | -26% | +5% | 17% | 3.6× | 31.3% | +17.8% |
| Guangdong Shunna Electric 000533.SZ | China | $996M | -24% | +25% | 6% | 2.4× | 16.8% | +8.7% |