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Chinese maker of industrial networking equipment such as Ethernet switches for factory and infrastructure automation.
Chinese maker of industrial networking equipment such as Ethernet switches for factory and infrastructure automation.
Sells switches and related gear mainly through project-based orders from power-grid, rail and industrial automation clients, so sales follow infrastructure spending and customer certification. It has been pushing its Intewell industrial operating software to move beyond selling hardware alone.
In one line: A smaller, China-based Moxa/Cisco for industrial networking.
Moat: narrow (customer qualification, process know-how). Ruggedised networking equipment qualified into critical infrastructure/industrial customers.
Headquarters: Beijing, China · Employees: 1,318
Size Kyland Technology (300353.SZ) is a China Information Technology company (Electronics Distributors) with a market value of $1.42B, the 1711th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥15.37 on 6 Nov 2026.
Performance Over six months the shares fell 17.1%, against -9.8% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue fell 6.0% over the last twelve months (peer median +24.5%); the operating margin is -6.0% (peer median 3.9%).
Valuation It trades at 80.9× forward earnings against a peer median of 14.3× (2nd most expensive of 15).
Capital Return on invested capital runs 8.5 points below its cost of capital (9.4% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥905M | CN¥977M | CN¥1.02B | CN¥1.16B | CN¥1.10B |
| Revenue growth | — | -5% | -12% | +5% | — |
| Gross profit | CN¥458M | CN¥369M | CN¥393M | CN¥380M | CN¥347M |
| EBITDA | n/a | CN¥120M | CN¥90.5M | CN¥22.9M | CN¥5.94M |
| Net income | CN¥130M | CN¥82.7M | CN¥38.6M | CN¥260M | CN¥20.0M |
| Free cash flow | -CN¥212M | -CN¥209M | -CN¥103M | -CN¥289M | -CN¥194M |
| Capital expenditure | CN¥255M | CN¥177M | CN¥137M | CN¥131M | CN¥106M |
| Total debt | CN¥1.69B | CN¥1.43B | CN¥964M | CN¥795M | CN¥867M |
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 |
|---|---|---|---|---|---|---|
| Kyland Technology 300353.SZ | $1.42B | -17% | -6% | -6% | 80.9× | n/a |
| Cisco CSCO | $369B | -3% | +12% | 25% | 18.4× | 15.0% |
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 | 300353.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.0% | -12.4% | 5th highest of 21 |
| 6-month return | -17.1% | -9.8% | 8th lowest of 21 |
| Distance from 52-week high | -44.3% | -34.6% | 8th lowest of 21 |
| Revenue growth (TTM) | -6.0% | +24.5% | 2nd lowest of 21 |
| Operating margin | -6.0% | 3.9% | lowest of 21 |
| Forward P/E | 80.9× | 14.3× | 2nd most expensive of 15 |
| ROIC minus cost of capital | -8.5 pp | +2.9 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kyland Technology 300353.SZ | China | $1.42B | -17% | -6% | -6% | 80.9× | n/a | n/a |
| Telling Telecommunication 000829.SZ | China | $1.41B | -21% | +37% | 0% | 153.2× | n/a | n/a |
| Shenzhen Aisidi 002416.SZ | China | $1.44B | -44% | +26% | 1% | 22.1× | n/a | n/a |
| Yubico YUBICO.ST | Sweden | $1.40B | +189% | -9% | 9% | 59.8× | 26.3% | +12.4% |
| SeSa SES.MI | Italy | $1.53B | -1% | +11% | 4% | 11.4× | -7.1% | +12.0% |
| Wuhan P&S Information Technology 300184.SZ | China | $1.63B | -29% | +48% | 5% | 15.8× | n/a | n/a |
| Shenzhen Yitoa Intelligent Control 300131.SZ | China | $1.68B | -39% | +3% | 0% | n/a | n/a | n/a |
| Daiwabo 3107.T | Japan | $1.79B | +4% | +14% | 3% | 10.8× | -7.7% | +5.3% |
| HNA Technology 600751.SS | China | $1.11B | -26% | +33% | 0% | n/a | n/a | n/a |
| SINBON Electronics 3023.TW | Taiwan | $1.88B | -11% | +9% | 10% | 15.4× | -0.1% | +7.3% |
| Shanghai YCT Electronics 301099.SZ | China | $1.02B | -17% | +106% | 6% | 22.6× | n/a | n/a |
| Xi'an Novastar Tech 301589.SZ | China | $2.12B | -9% | +15% | 17% | 22.0× | 15.9% | +28.7% |
| ASBISc Enterprises ASB.WA | Poland | $2.17B | +123% | +43% | 4% | 12.6× | 5.9% | +9.5% |
| Tomen Devices 2737.T | Japan | $926M | +41% | +157% | 4% | n/a | n/a | n/a |
| Shenzhen CECport Technologies 001287.SZ | China | $2.28B | -24% | +138% | 2% | n/a | n/a | n/a |
| Restar 3156.T | Japan | $877M | +60% | +23% | 4% | 8.1× | n/a | n/a |
| SoftwareOne SWON.SW | Switzerland | $2.30B | +11% | +62% | 12% | 12.6× | -5.7% | +8.4% |
| ScanSource SCSC | United States | $871M | -7% | +6% | 3% | 8.4× | 0.4% | +0.5% |
| Beijing Oriental Jicheng 002819.SZ | China | $848M | -27% | +7% | -3% | n/a | 10.3% | +23.4% |
| Nanjing Sunlord Electronics 300975.SZ | China | $2.40B | -11% | +109% | 8% | n/a | n/a | n/a |
| BIPROGY 8056.T | Japan | $2.47B | -3% | +4% | 10% | 13.1× | -9.5% | +7.1% |