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Chinese third-party testing, inspection and certification services provider for industrial and consumer products.
Chinese third-party testing, inspection and certification services provider for industrial and consumer products.
Is paid fees per test or certification project by manufacturers that need approvals for their products, so volumes follow new-product launches and tighter rules, and labs earn more as they run closer to full capacity. Lab accreditation limits how many firms can offer each test.
In one line: A smaller, China-based SGS/Bureau Veritas peer.
Moat: narrow (regulatory licence, brand). Accredited testing-lab status is a licensing barrier to entry.
Headquarters: Suzhou, China · Employees: 3,003
Size Suzhou Sushi Testing (300416.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $957M, the 2388th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.62 on 6 Nov 2026.
Performance Over six months the shares fell 25.7%, against -17.4% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 7.6% over the last twelve months (peer median +8.8%); the operating margin is 14.7% (peer median 5.4%).
Valuation It trades at 23.0× forward earnings against a peer median of 21.2× (6th most expensive of 12).
Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.6 points above its cost of capital (6.8% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.31B | CN¥2.24B | CN¥2.02B | CN¥2.11B | CN¥1.80B |
| Revenue growth | — | +11% | -4% | +18% | — |
| Gross profit | CN¥1.17B | CN¥880M | CN¥848M | CN¥907M | CN¥795M |
| EBITDA | n/a | CN¥621M | CN¥569M | CN¥632M | CN¥520M |
| Net income | CN¥270M | CN¥257M | CN¥229M | CN¥314M | CN¥270M |
| Free cash flow | CN¥263M | CN¥296M | CN¥110M | -CN¥242M | CN¥116M |
| Capital expenditure | CN¥474M | CN¥360M | CN¥376M | CN¥613M | CN¥352M |
| Total debt | CN¥1.32B | CN¥1.15B | CN¥1.12B | CN¥1.11B | CN¥1.02B |
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 |
|---|---|---|---|---|---|---|
| Suzhou Sushi Testing 300416.SZ | $957M | -26% | +8% | 15% | 23.0× | 2.6% |
| Sgs SGSN.SW | $24.8B | +21% | +5% | 15% | 24.5× | 3.1% |
| Bureau Veritas BVI.PA | $14.9B | +13% | +2% | 15% | 20.2× | 7.9% |
| Intertek ITRK.L | $12.3B | +12% | +4% | 18% | 22.3× | 14.8% |
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 | 300416.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.2% | -11.2% | 7th highest of 21 |
| 6-month return | -25.7% | -17.4% | 7th lowest of 20 |
| Distance from 52-week high | -45.0% | -44.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +7.6% | +8.8% | 11th highest of 21 |
| Operating margin | 14.7% | 5.4% | 4th highest of 21 |
| Forward P/E | 23.0× | 21.2× | 6th most expensive of 12 |
| Growth the price implies (Req g, 7 yrs) | 2.6% | 19.8% | 3rd least demanding of 8 |
| Growth delivered (Del g) | +13.7% | +11.4% | 3rd highest of 8 |
| Hurdle (Req g minus delivered) | -11.1 pp | +7.6 pp | least demanding of 8 |
| ROIC minus cost of capital | +3.6 pp | -3.3 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Suzhou Sushi Testing 300416.SZ | China | $957M | -26% | +8% | 15% | 23.0× | 2.6% | +13.7% |
| Transcat TRNS | United States | $955M | +33% | +20% | 5% | 45.0× | 30.3% | +13.9% |
| Park Systems 140860.KS | South Korea | $965M | -35% | -6% | 12% | 30.3× | n/a | n/a |
| Wuxi Xinje Electric 603416.SS | China | $984M | -22% | +26% | 9% | 21.1× | 19.8% | +12.2% |
| Riken Keiki 7734.T | Japan | $930M | -7% | +11% | 22% | 13.8× | 2.6% | +11.4% |
| Rigol Technologies 0537.HK | Hong Kong | $989M | n/a | +33% | 9% | 21.2× | 35.8% | +19.6% |
| Sidea Semiconductor Equipment (Shenzhen) 301629.SZ | China | $924M | -39% | -27% | 0% | 147.2× | n/a | n/a |
| Camelot Electronics Technology 301282.SZ | China | $992M | +12% | +58% | 7% | n/a | n/a | n/a |
| Jiangsu Wuyang Automation Control Technology 300420.SZ | China | $921M | +51% | -10% | 5% | n/a | n/a | n/a |
| Toshiba Tec 6588.T | Japan | $918M | -2% | +7% | 3% | 11.3× | n/a | n/a |
| RoboSense Technology Company 2498.HK | Hong Kong | $914M | -55% | +32% | -22% | n/a | n/a | n/a |
| Feitian Technologies 300386.SZ | China | $909M | -17% | -20% | -20% | n/a | n/a | n/a |
| Asia Optical 3019.TW | Taiwan | $1.04B | -14% | +13% | 10% | 16.2× | 0.1% | +10.9% |
| Fujian Acetron New Materials 300706.SZ | China | $873M | -11% | +19% | 3% | n/a | n/a | n/a |
| Henan Yicheng New Energy 300080.SZ | China | $1.05B | -17% | -13% | -21% | n/a | n/a | n/a |
| Uni-Trend Technology (China) 688628.SS | China | $1.07B | -34% | +33% | 15% | 29.1× | n/a | n/a |
| Xi'an Manareco New Materials 688550.SS | China | $850M | -19% | -2% | 13% | 15.6× | 7.4% | +9.8% |
| Shanghai Ruking Technologies 301525.SZ | China | $838M | -13% | -2% | 1% | 43.8× | n/a | n/a |
| Dianguang Explosion-proof Technology 002730.SZ | China | $832M | -54% | -6% | 6% | n/a | n/a | n/a |
| Evolv Technologies EVLV | United States | $826M | -35% | +42% | -20% | n/a | n/a | n/a |
| Wuhan Zhongyuan Huadian Science & Technology 300018.SZ | China | $825M | -17% | +3% | 17% | n/a | 25.8% | +10.0% |