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← CockpitCompetitor Analysis › 300341.SZ Motic (Xiamen) Electric Group Co., Ltd. Class AOpen in the cockpit ↗

Motic (Xiamen) Electric Group Co., Ltd. Class A300341.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Xiamen-based maker of optical microscopes for education, laboratory, medical and industrial customers worldwide.

≈ A Chinese Olympus/Leica Microsystems (microscopes)Momentum neutral 56
Mkt cap
$957M
US dollars, full cap
Free float
38%
of shares outstanding
$/day
$9.51M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+3.8 pp
WACC 9.2%
Hurdle
+13 pp
Req g minus delivered
Close · CNYCN¥12.30
1D-1.0%
1W+6.4%
1M-1.9%
3M-8.6%
6M-19.6%
YTD-24.7%
1Y-30.0%
ATR %3.9%
52w lowhigh38.2% off high

What Motic (Xiamen) Electric does

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).

Products and services

  • Educational microscopes
  • Laboratory/medical microscopes
  • Industrial inspection microscopes

Customers

  • Schools and universities
  • Hospitals and labs worldwide

Where it sits in the supply chain

  • Scientific instruments
  • Optical microscopes
  • Education/lab/medical/industrial…

What could go right

  • Education and lab equipment demand globally

What could go wrong

  • Competition from Olympus/Zeiss/Nikon
  • Education budget cyclicality

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

Named competitors

Motic (Xiamen) Electric at a glance

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).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026300341.SZ 79Peer median 78
Six months, rebased to 100: Motic (Xiamen) Electric against the median of its 20 peers (local-currency closes).

Motic (Xiamen) Electric financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.73BCN¥1.52BCN¥1.35BCN¥1.36BCN¥1.79B
Revenue growth—+13%-1%-24%—
Gross profitCN¥694MCN¥583MCN¥550MCN¥540MCN¥762M
EBITDAn/aCN¥194MCN¥219MCN¥229MCN¥417M
Net incomeCN¥198MCN¥172MCN¥161MCN¥169MCN¥261M
Free cash flowCN¥133MCN¥61.7MCN¥123MCN¥192MCN¥169M
Capital expenditureCN¥75.3MCN¥84.9MCN¥99.8MCN¥114MCN¥70.4M
Total debtCN¥19.8MCN¥31.8MCN¥35.0MCN¥25.4MCN¥27.0M

Quarterly statements and history in the cockpit →

Motic (Xiamen) Electric 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%300393002471300222001382301631002350FLNCTARIL603333MRN003033603855002346605305002300601700688103ELECON000533300341.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Motic (Xiamen) Electric is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2×4×300393002471603448300222001382301631002350FLNCTARIL603333MRN003033603855002346605305002300601700688103ELECON000533300341.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Motic (Xiamen) Electric is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%300393301631002350MRN003033603855002346605305002300688103ELECON000533300341.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. Motic (Xiamen) Electric is the large dot.

Motic (Xiamen) Electric competitors and peer comparison

Head to head with its named competitors (300341.SZ vs 7733.T vs 7731.T)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq 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

How Motic (Xiamen) Electric 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.

Motic (Xiamen) Electric against its 20 peers (data as of 6 Nov 2026)
Measure300341.SZPeer medianRank 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 margin11.6%4.9%6th highest of 20
EV / Sales3.3×2.3×7th 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 pp4th most demanding of 13
ROIC minus cost of capital+3.8 pp-3.7 pp3rd highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Motic (Xiamen) Electric 300341.SZChina$957M-20%+19%12%3.3×17.7%+5.1%
Jolywood (Suzhou) Sunwatt 300393.SZChina$958M-42%-48%-62%4.9×5.1%-2.7%
Jiangsu Zhongchao 002471.SZChina$963M-45%-5%1%1.7×n/an/a
Temb Intelligent Tech Shandong 603448.SSChina$951Mn/a+16%n/a1.9×45.6%n/a
CSG Smart Science&Technology 300222.SZChina$966M-27%+26%2%2.0×n/an/a
Guangdong Xinyaguang Cable 001382.SZChina$968M-21%+12%4%2.0×n/an/a
Shenzhen Uniconn Technology 301631.SZChina$969M-34%+32%5%1.1×18.2%+49.0%
Beijing Creative 002350.SZChina$946M-19%+7%-1%2.7×54.8%-0.3%
Fluence Energy FLNCUnited States$973M-78%+7%-4%0.4×n/an/a
Transformers and Rectifiers (India) TARIL.NSIndia$974M-7%+27%15%3.4×n/an/a
Sunway 603333.SSChina$941M+1%+68%3%3.1×n/an/a
Mersen MRN.PAFrance$976M-1%-3%9%1.1×11.0%+7.0%
Qingdao CHOHO Industrial 003033.SZChina$939M+36%+6%9%3.3×14.2%+14.6%
Warom Technology 603855.SSChina$938M+1%-18%15%2.0×-2.6%+7.1%
Shanghai Zhezhong 002346.SZChina$928M-21%+23%15%5.9×22.1%+7.0%
Ficont Industry(Beijing) 605305.SSChina$989M-35%+15%26%2.5×-1.1%+22.5%
Fujian Nanping Sun Cable 002300.SZChina$924M-9%+9%0%0.7×19.6%+8.7%
Changshu Fengfan Power Equipment 601700.SSChina$924M0%+31%-9%2.2×n/an/a
Kunshan GuoLi Electronic Technology 688103.SSChina$924M+7%+34%5%4.0×37.7%+26.6%
Elecon Engineering ELECON.NSIndia$995M-26%+5%17%3.6×31.3%+17.8%
Guangdong Shunna Electric 000533.SZChina$996M-24%+25%6%2.4×16.8%+8.7%

Questions

Who are Motic (Xiamen) Electric's main competitors?
Named competitors: Olympus (7733.T), Nikon (7731.T). The cockpit's measured peer set (industry) also includes Jolywood (Suzhou) Sunwatt (300393.SZ), Jiangsu Zhongchao (002471.SZ), Temb Intelligent Tech Shandong (603448.SS), CSG Smart Science&Technology (300222.SZ), Guangdong Xinyaguang Cable (001382.SZ), Shenzhen Uniconn Technology (301631.SZ).
Is Motic (Xiamen) Electric expensive compared with its peers?
On ev / sales it trades at 3.3× against a peer median of 2.3×, 7th most expensive of 21 in its peer set. 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.
How has Motic (Xiamen) Electric stock performed?
Over six months to 6 Nov 2026 the shares returned -19.6% against -20.7% for the median peer; over one year -30.0%.

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.