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Hubei-based maker of infrared thermal-imaging cameras and systems for security, industrial and defense uses.
Hubei-based maker of infrared thermal-imaging cameras and systems for security, industrial and defense uses.
In one line: A small Chinese FLIR/Teledyne FLIR.
Moat: narrow (process know-how, IP / patents). Infrared-detector and imaging-system design know-how is a technical barrier.
Headquarters: Wuhan, China · Employees: 384
Size Hubei Jiuzhiyang Infrared System (300516.SZ) is a China Information Technology company (Telecommunications Equipment) with a market value of $1.18B, the 2001st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥31.12 on 6 Nov 2026.
Performance Over six months the shares fell 15.2%, against -25.8% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 20 in its peer set.
Growth Revenue fell 6.6% over the last twelve months (peer median +17.5%); the operating margin is -7.9% (peer median 4.4%).
Valuation It trades at 12.7× enterprise value to sales against a peer median of 3.3× (4th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +21 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 11.0 points below its cost of capital (8.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥573M | CN¥681M | CN¥533M | CN¥766M | CN¥738M |
| Revenue growth | — | +28% | -30% | +4% | — |
| Gross profit | CN¥180M | CN¥210M | CN¥161M | CN¥239M | CN¥199M |
| EBITDA | n/a | CN¥42.6M | CN¥47.3M | CN¥78.0M | CN¥101M |
| Net income | -CN¥2.42M | CN¥24.2M | CN¥31.0M | CN¥82.9M | CN¥82.1M |
| Free cash flow | CN¥188M | CN¥189M | CN¥121M | -CN¥79.2M | -CN¥48.1M |
| Capital expenditure | CN¥12.0M | CN¥11.0M | CN¥19.9M | CN¥19.6M | CN¥17.2M |
| Total debt | CN¥38.4M | CN¥155M | CN¥98.5M | CN¥117M | CN¥32.9M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Hubei Jiuzhiyang Infrared System 300516.SZ | $1.18B | -15% | -7% | -8% | 12.7× | 20.4% |
| Hangzhou Hikvision Digital Technology 002415.SZ | $49.1B | -3% | +8% | 19% | 3.0× | 2.6% |
| Zhejiang Dahua Technology 002236.SZ | $7.04B | -21% | +7% | 7% | 1.4× | n/a |
| Teledyne Technologies TDY | $28.5B | 0% | +8% | 20% | 4.6× | 15.5% |
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 | 300516.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.7% | -4.6% | 8th lowest of 20 |
| 6-month return | -15.2% | -25.8% | 6th highest of 20 |
| Distance from 52-week high | -55.9% | -46.2% | 7th lowest of 20 |
| Revenue growth (TTM) | -6.6% | +17.5% | 6th lowest of 21 |
| Operating margin | -7.9% | 4.4% | 6th lowest of 21 |
| EV / Sales | 12.7× | 3.3× | 4th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 20.4% | 11.6% | 5th most demanding of 11 |
| Growth delivered (Del g) | -1.0% | +14.1% | 3rd lowest of 11 |
| Hurdle (Req g minus delivered) | +21.4 pp | -0.7 pp | 3rd most demanding of 11 |
| ROIC minus cost of capital | -11.0 pp | -2.6 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hubei Jiuzhiyang Infrared System 300516.SZ | China | $1.18B | -15% | -7% | -8% | 12.7× | 20.4% | -1.0% |
| Adtran Networks ADV.DE | Germany | $1.21B | -10% | +15% | -3% | 2.1× | -2.7% | -3.1% |
| Vistance Networks VISN | United States | $1.27B | -35% | -38% | 12% | 0.4× | -4.6% | -25.5% |
| Chengdu CORPRO Technology 300101.SZ | China | $1.07B | -35% | -25% | -18% | 10.6× | n/a | n/a |
| Shenzhen Infinova 002528.SZ | China | $1.06B | +23% | -29% | -77% | 18.6× | n/a | n/a |
| Noritsu Koki 7744.T | Japan | $1.31B | -7% | +33% | 20% | 1.5× | -6.9% | +16.8% |
| Tozed Kangwei Tech 301718.SZ | China | $1.05B | n/a | +43% | 5% | 4.3× | n/a | n/a |
| Arlo Technologies ARLO | United States | $1.33B | -19% | +16% | 3% | 2.0× | 32.6% | +8.2% |
| Flaircomm Microelectronics 301600.SZ | China | $1.04B | -35% | +19% | 9% | 5.2× | 27.2% | +29.1% |
| Harmonic HLIT | United States | $1.04B | -26% | -21% | 15% | 1.9× | 10.0% | -1.0% |
| Zhejiang Chengchang Technology 001270.SZ | China | $1.34B | -37% | -1% | 27% | 20.9× | 44.0% | +18.3% |
| Hwa Create 300045.SZ | China | $1.35B | -39% | -7% | -20% | 14.5× | n/a | n/a |
| Sumavision Technologies 300079.SZ | China | $1.01B | -14% | -6% | -8% | 6.4× | n/a | n/a |
| Invisio IVSO.ST | Sweden | $1.00B | -15% | +24% | 18% | 4.7× | 13.2% | +26.7% |
| Nanjing Panda Electronics 0553.HK | Hong Kong | $999M | -42% | +36% | -7% | 2.0× | n/a | n/a |
| Huizhou Speed Wireless Technology 300322.SZ | China | $991M | -52% | +25% | 3% | 2.5× | n/a | n/a |
| santec 6777.T | Japan | $984M | -53% | +45% | 33% | 4.1× | 23.5% | +33.2% |
| Tianjin 712 Communication & Broadcasting 603712.SS | China | $1.41B | -25% | +27% | -17% | 5.0× | n/a | n/a |
| Hanwha Vision 489790.KS | South Korea | $1.41B | -56% | +20% | 11% | 0.9× | n/a | n/a |
| Shenzhen Gongjin Electronics 603118.SS | China | $1.42B | -18% | +21% | 2% | 1.0× | n/a | n/a |
| Furuno Electric 6814.T | Japan | $1.42B | -1% | +14% | 13% | 1.4× | 7.4% | +11.3% |