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← CockpitCompetitor Analysis › 300443.SZ Jinlei Technology Co., Ltd. Class AOpen in the cockpit ↗

Jinlei Technology Co., Ltd. Class A300443.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products
Momentum laggard 11
Mkt cap
$876M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$18.6M
20-day average traded
Fwd P/E
17.6×
forward earnings
ROIC−WACC
-3.6 pp
WACC 10.3%
Hurdle
-5 pp
Req g minus delivered
Next earnings
94 days
8 Feb 2027
Close · CNYCN¥18.24
1D-1.2%
1W+7.0%
1M-15.2%
3M-16.6%
6M-39.8%
YTD-35.2%
1Y-40.4%
ATR %4.3%
52w lowhigh46.8% off high

What Jinlei Technology does

Employees: 2,964

Jinlei Technology at a glance

Size Jinlei Technology (300443.SZ) is a China Industrials company (Electrical Products) with a market value of $876M, the 2563rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.24 on 6 Nov 2026.

Performance Over six months the shares fell 39.8%, against -31.7% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.

Growth Revenue fell 14.3% over the last twelve months (peer median +7.7%); the operating margin is 12.8% (peer median 5.1%).

Valuation It trades at 17.6× forward earnings against a peer median of 14.8× (5th most expensive of 13).

Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -5 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.6 points below its cost of capital (10.3% WACC).

Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 67300443.SZ 59
Six months, rebased to 100: Jinlei Technology against the median of its 20 peers (local-currency closes).

Jinlei Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.38BCN¥2.48BCN¥1.96BCN¥1.93BCN¥1.80B
Revenue growth—+27%+1%+7%—
Gross profitCN¥826MCN¥657MCN¥380MCN¥613MCN¥520M
EBITDAn/aCN¥614MCN¥363MCN¥555MCN¥485M
Net incomeCN¥243MCN¥314MCN¥173MCN¥412MCN¥352M
Free cash flowCN¥249M-CN¥447M-CN¥52.1M-CN¥203M-CN¥1.16B
Capital expenditureCN¥385MCN¥262MCN¥394MCN¥606MCN¥1.03B
Total debtCN¥7.95MCN¥97.7MCN¥42.2MCN¥371MCN¥1.00B

Quarterly statements and history in the cockpit →

Jinlei 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

-60%-40%-20%0%-50%0%+50%0028016883266290RSGN600590002733ARRY2296406651605005603050688598300444002452078600688103601700002300300443.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Jinlei Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×0028016290RSGN600590ARRY2296406651300444002452078600603861688103300443.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jinlei Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%0028016290RSGN002733ARRY2296406651605005603050002452KANOHAR688103002300300443.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. Jinlei Technology is the large dot.

Jinlei Technology competitors and peer comparison

How Jinlei 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.

Jinlei Technology against its 20 peers (data as of 6 Nov 2026)
Measure300443.SZPeer medianRank in peer set
1-month return-15.2%-10.4%6th lowest of 21
6-month return-39.8%-31.7%8th lowest of 20
Distance from 52-week high-46.8%-50.6%10th highest of 21
Revenue growth (TTM)-14.3%+7.7%2nd lowest of 21
Operating margin12.8%5.1%6th highest of 21
Forward P/E17.6×14.8×5th most expensive of 13
Growth the price implies (Req g, 7 yrs)5.6%13.7%5th least demanding of 14
Growth delivered (Del g)+11.1%+9.0%5th highest of 14
Hurdle (Req g minus delivered)-5.5 pp+1.3 pp5th least demanding of 14
ROIC minus cost of capital-3.6 pp-2.8 pp9th lowest of 21

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
Jinlei Technology 300443.SZChina$876M-40%-14%13%17.6×5.6%+11.1%
Hangzhou Weiguang Electronic 002801.SZChina$884M-21%+11%17%13.4×6.6%+13.1%
Beijing Jingwei Hirain Technologies 688326.SSChina$896M-40%+2%-5%n/an/an/a
Longwell 6290.TWOTaiwan$854M-43%+13%15%15.1×13.7%+9.0%
R&S Group Holding AG Pref RSGN.SWSwitzerland$899M-22%+2%18%14.6×-7.0%+2.3%
Tellhow Sci-Tech 600590.SSChina$852M-56%-11%5%16.0×n/an/a
Shenzhen Center Power Tech 002733.SZChina$901M-43%+16%5%n/a16.9%+6.4%
Array Technologies ARRYUnited States$902M-32%-16%0%6.5×57.9%+8.0%
LS Eco Energy 229640.KSSouth Korea$848M-56%+31%7%21.7×5.4%+10.6%
NITTO KOGYO 6651.TJapan$906M-17%+6%8%11.6×-2.7%+7.3%
CWB Automotive Electronics 605005.SSChina$907M-21%0%9%n/a9.4%+9.3%
Shijiazhuang Kelin Electric 603050.SSChina$844M-36%-11%2%n/a23.2%+20.2%
KBC 688598.SSChina$842M+9%+47%-114%n/an/an/a
Beijing SOJO Electric 300444.SZChina$912M-52%-11%-4%9.1×n/an/a
Changgao Electric 002452.SZChina$917M-10%-9%19%8.2×2.6%+1.3%
Kanohar Electricals KANOHAR.NSIndia$835Mn/a+45%27%n/a21.3%+29.1%
Daejoo Electronic Materials 078600.KSSouth Korea$835M-53%+42%8%44.6×n/an/a
Guangzhou Baiyun Electric Equipment 603861.SSChina$831M-35%+6%4%25.2×n/an/a
Kunshan GuoLi Electronic Technology 688103.SSChina$924M+7%+34%5%53.9×37.7%+26.6%
Changshu Fengfan Power Equipment 601700.SSChina$924M0%+31%-9%n/an/an/a
Fujian Nanping Sun Cable 002300.SZChina$924M-9%+9%0%n/a19.6%+8.7%

Questions

Which companies are Jinlei Technology's closest peers?
The cockpit's peer set: Hangzhou Weiguang Electronic (002801.SZ), Beijing Jingwei Hirain Technologies (688326.SS), Longwell (6290.TWO), R&S Group Holding AG Pref (RSGN.SW), Tellhow Sci-Tech (600590.SS), Shenzhen Center Power Tech (002733.SZ), Array Technologies (ARRY), LS Eco Energy (229640.KS).
Is Jinlei Technology expensive compared with its peers?
On forward p/e it trades at 17.6× against a peer median of 14.8×, 5th most expensive of 13 in its peer set. For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -5 pp: the price already allows for a slowdown.
How has Jinlei Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -39.8% against -31.7% for the median peer; over one year -40.4%.

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.