Which companies are Haoyun Technologies's closest peers?

The cockpit's peer set: Brilliance Technology (300542.SZ), Mastek (MASTEK.NS), Rimini Street (RMNI), Beijing Trustfar Technology (300231.SZ), Troy Information Technology (300366.SZ), Guangdong TianYiMa Information Industry (301178.SZ), CRESCO (4674.T), Hansen Technologies (HSN.AX).

How has Haoyun Technologies stock performed?

Over six months to 6 Nov 2026 the shares returned -40.4% against -24.5% for the median peer; over one year -32.0%.

← CockpitCompetitor Analysis › 300448.SZ Haoyun Technologies Co., Ltd. Class AOpen in the cockpit ↗

Haoyun Technologies Co., Ltd. Class A300448.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Information Technology Services

Momentum laggard 16

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$490M

US dollars, full cap

Free float

91%

of shares outstanding

$/day

$12.6M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

n/a

WACC 8.2%

Hurdle

+15 pp

Req g minus delivered

Close · CNYCN¥4.83

1D-3.0%

1W+5.0%

1M-9.0%

3M-14.2%

6M-40.4%

YTD-38.3%

1Y-32.0%

ATR %5.8%

52w lowhigh57.9% off high

What Haoyun Technologies does

Employees: 813

Haoyun Technologies at a glance

Size Haoyun Technologies (300448.SZ) is a China Information Technology company (Information Technology Services) with a market value of $490M, the 3905th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.83 on 6 Nov 2026.

Performance Over six months the shares fell 40.4%, against -24.5% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue fell 51.6% over the last twelve months (peer median +4.7%).

Valuation It trades at 13.1× enterprise value to sales against a peer median of 2.1× (most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is -13%, so the hurdle is +15 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.

Relative performance

Six months, rebased to 100: Haoyun Technologies against the median of its 20 peers (local-currency closes).

Haoyun Technologies financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥201M	CN¥255M	CN¥339M	CN¥363M	CN¥445M
Revenue growth	—	-25%	-6%	-18%	—
Gross profit	n/a	CN¥57.9M	CN¥107M	CN¥72.1M	CN¥162M
EBITDA	n/a	-CN¥32.5M	-CN¥9.25M	-CN¥36.2M	CN¥58.3M
Net income	-CN¥36.4M	-CN¥34.5M	-CN¥35.1M	-CN¥58.7M	CN¥20.7M
Free cash flow	CN¥185M	-CN¥5.75M	CN¥50.1M	CN¥78.9M	-CN¥4.41M
Capital expenditure	CN¥3.97M	CN¥7.23M	CN¥6.24M	CN¥16.5M	CN¥14.7M
Total debt	CN¥0	CN¥1.82M	CN¥30.1M	CN¥1.58M	CN¥15.0M

Quarterly statements and history in the cockpit →

Haoyun Technologies 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

Up and to the right = strong over both horizons. Haoyun Technologies is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Haoyun Technologies is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Haoyun Technologies is the large dot.

Haoyun Technologies competitors and peer comparison

How Haoyun Technologies 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.

Haoyun Technologies against its 20 peers (data as of 6 Nov 2026)
Measure	300448.SZ	Peer median	Rank in peer set
1-month return	-9.0%	-6.3%	9th lowest of 21
6-month return	-40.4%	-24.5%	2nd lowest of 21
Distance from 52-week high	-57.9%	-40.9%	3rd lowest of 21
Revenue growth (TTM)	-51.6%	+4.7%	2nd lowest of 21
EV / Sales	13.1×	2.1×	most expensive of 19
Growth the price implies (Req g, 7 yrs)	1.8%	6.7%	5th least demanding of 10
Growth delivered (Del g)	-12.8%	+5.5%	lowest of 10
Hurdle (Req g minus delivered)	+14.6 pp	-3.7 pp	4th most demanding of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Haoyun Technologies 300448.SZ	China	$490M	-40%	-52%	n/a	13.1×	1.8%	-12.8%
Brilliance Technology 300542.SZ	China	$491M	-27%	-22%	2%	3.2×	n/a	n/a
Mastek MASTEK.NS	India	$485M	-12%	+6%	13%	1.0×	6.7%	+16.5%
Rimini Street RMNI	United States	$484M	+30%	+3%	7%	1.0×	11.0%	+5.2%
Beijing Trustfar Technology 300231.SZ	China	$481M	-28%	+4%	3%	1.8×	21.0%	-4.3%
Troy Information Technology 300366.SZ	China	$474M	-19%	-56%	-80%	5.6×	n/a	n/a
Guangdong TianYiMa Information Industry 301178.SZ	China	$472M	-13%	+100%	1%	5.4×	37.4%	+5.5%
CRESCO 4674.T	Japan	$471M	+36%	+10%	10%	0.9×	-1.6%	+10.2%
Hansen Technologies HSN.AX	Australia	$511M	-25%	-2%	17%	2.0×	0.9%	+4.7%
NETGEAR NTGR	United States	$513M	-31%	-1%	-4%	0.4×	n/a	n/a
CSE Global 544.SI	Singapore	$467M	-45%	+25%	5%	0.8×	n/a	n/a
MMTec MTC	United States	$516M	-31%	+100%	n/a	n/a	n/a	n/a
Business Engineering 4828.T	Japan	$463M	+1%	+16%	26%	2.4×	-6.5%	+6.7%
Fujian Rongji Software 002474.SZ	China	$520M	-24%	-22%	-21%	10.3×	31.5%	-8.1%
Anhui Wantong Technology 002331.SZ	China	$520M	-25%	+23%	-16%	2.2×	n/a	n/a
Tre 9247.T	Japan	$521M	0%	-9%	14%	1.0×	-12.8%	+23.2%
Yuanbao, Inc. Unsponsored ADR YB	United States	$523M	-34%	+37%	32%	n/a	n/a	n/a
Beijing Jingyeda Technology 003005.SZ	China	$458M	-26%	+26%	-21%	4.8×	n/a	n/a
Zhongjin Irradiation 300962.SZ	China	$526M	-18%	+1%	27%	9.2×	n/a	n/a
Shanghai Newtouch Software 688590.SS	China	$454M	-28%	+5%	-7%	1.8×	n/a	n/a
Shanghai New Centurion Network Information Technology 605398.SS	China	$530M	-18%	+5%	-2%	5.0×	n/a	n/a

Questions

Which companies are Haoyun Technologies's closest peers?: The cockpit's peer set: Brilliance Technology (300542.SZ), Mastek (MASTEK.NS), Rimini Street (RMNI), Beijing Trustfar Technology (300231.SZ), Troy Information Technology (300366.SZ), Guangdong TianYiMa Information Industry (301178.SZ), CRESCO (4674.T), Hansen Technologies (HSN.AX).
Is Haoyun Technologies expensive compared with its peers?: On ev / sales it trades at 13.1× against a peer median of 2.1×, most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is -13%, so the hurdle is +15 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 Haoyun Technologies stock performed?: Over six months to 6 Nov 2026 the shares returned -40.4% against -24.5% for the median peer; over one year -32.0%.