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Chinese maker of rugged handheld computers, barcode scanners and RFID readers used for warehouse, retail and logistics data capture.
Chinese maker of rugged handheld computers, barcode scanners and RFID readers used for warehouse, retail and logistics data capture.
Sells handheld scanners and rugged computers in fleet orders to logistics, retail and warehouse operators, who replace them as they wear out, so sales follow customers' equipment budgets. It is a smaller rival to Zebra and Honeywell and relies on price and channel reach.
In one line: A smaller, China-based Zebra Technologies.
Moat: narrow (distribution, installed base). Established channel and installed base in China/emerging markets; limited pricing power against Zebra/Honeywell in premium tier.
Headquarters: Shenzhen, China · Founded: 2004 · Employees: 1,393
Size Urovo Technology (300531.SZ) is a China Information Technology company (Computer Peripherals) with a market value of $693M, the 3080th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.59 on 6 Nov 2026.
Performance Over six months the shares fell 22.9%, against -15.1% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 33.5% over the last twelve months (peer median +10.0%); the operating margin is 8.3% (peer median 0.8%).
Valuation It trades at 22.8× forward earnings against a peer median of 20.7× (6th most expensive of 12).
Capital Return on invested capital runs 2.4 points above its cost of capital (5.3% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.78B | CN¥1.53B | CN¥1.21B | CN¥1.26B | CN¥1.41B |
| Revenue growth | — | +26% | -4% | -10% | — |
| Gross profit | CN¥449M | CN¥378M | CN¥267M | CN¥325M | CN¥365M |
| EBITDA | CN¥175M | CN¥124M | CN¥14.1M | CN¥102M | CN¥160M |
| Net income | CN¥134M | CN¥83.4M | -CN¥150M | -CN¥167M | CN¥156M |
| Free cash flow | -CN¥317M | -CN¥98.5M | -CN¥36.8M | CN¥197M | CN¥82.9M |
| Capital expenditure | CN¥59.6M | CN¥52.4M | CN¥40.0M | CN¥30.7M | CN¥46.8M |
| Total debt | CN¥772M | CN¥561M | CN¥473M | CN¥499M | CN¥482M |
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 |
|---|---|---|---|---|---|---|
| Urovo Technology 300531.SZ | $693M | -23% | +33% | 8% | 22.8× | n/a |
| Zebra Technologies ZBRA | $15.2B | +42% | +17% | 17% | 14.9× | 14.8% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
| Sato 6287.T | $508M | +19% | +10% | 7% | 9.9× | -11.3% |
| Newland Digital Technology 000997.SZ | $2.56B | -14% | +29% | 11% | 16.0× | n/a |
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 | 300531.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.8% | -15.4% | 8th highest of 21 |
| 6-month return | -22.9% | -15.1% | 9th lowest of 21 |
| Distance from 52-week high | -31.8% | -39.2% | 6th highest of 21 |
| Revenue growth (TTM) | +33.5% | +10.0% | 3rd highest of 21 |
| Operating margin | 8.3% | 0.8% | 5th highest of 21 |
| Forward P/E | 22.8× | 20.7× | 6th most expensive of 12 |
| ROIC minus cost of capital | +2.4 pp | -3.4 pp | 7th highest of 20 |
| EV / EBITDA | 26.8× | 7.5× | 2nd most expensive of 9 |
| Net debt / EBITDA | 0.4× | -1.4× | 2nd most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Urovo Technology 300531.SZ | China | $693M | -23% | +33% | 8% | 22.8× | n/a | n/a |
| Muhlbauer Holding AG & Co. KGaA MUB.DE | Germany | $684M | +9% | +2% | 7% | n/a | -4.9% | +11.4% |
| Shenzhen Minde Electronics Technology 300656.SZ | China | $681M | -13% | -14% | -60% | n/a | n/a | n/a |
| Shenzhen Chengtian Weiye Technology Co 300689.SZ | China | $679M | -27% | +19% | 0% | n/a | n/a | n/a |
| TES Touch Embedded Solutions (Xiamen) 003019.SZ | China | $668M | -28% | +24% | 8% | 20.7× | n/a | n/a |
| Hebei Huijin 300368.SZ | China | $667M | -17% | -18% | -124% | n/a | n/a | n/a |
| PC Partner PCT.SI | Singapore | $662M | +4% | +18% | 7% | 7.4× | n/a | n/a |
| Apacer Technology 8271.TW | Taiwan | $655M | -28% | +182% | 31% | 2.1× | n/a | n/a |
| Fujian Furi Electronics 600203.SS | China | $736M | -32% | +35% | 0% | n/a | n/a | n/a |
| Primax Electronics 4915.TW | Taiwan | $744M | -29% | +9% | 4% | 10.5× | n/a | n/a |
| Shenzhen Rapoo Technology 002577.SZ | China | $754M | +4% | +11% | -2% | n/a | n/a | n/a |
| AAEON Technology 6579.TW | Taiwan | $633M | -10% | +30% | 9% | n/a | n/a | n/a |
| Shandong New Beiyang Information Technology 002376.SZ | China | $794M | -9% | +21% | 0% | n/a | 23.8% | +3.1% |
| Chengdu Jiafaantai Education Technology 300559.SZ | China | $602M | -26% | -26% | 0% | 35.5× | 35.7% | -6.0% |
| Hanwang Technology 002362.SZ | China | $596M | -12% | -2% | -13% | 81.8× | n/a | n/a |
| Wacom 6727.T | Japan | $570M | -6% | -3% | 13% | 9.3× | -6.0% | +0.3% |
| Quantum QMCO | United States | $570M | +100% | +11% | 0% | 27.1× | n/a | n/a |
| Newcapec Electronics 300248.SZ | China | $567M | -17% | +1% | 1% | 32.0× | 21.5% | +0.9% |
| Stratasys SSYS | United States | $565M | -25% | -3% | -14% | 45.9× | n/a | n/a |
| ShunSin Technology 6451.TW | Taiwan | $866M | -53% | +8% | 4% | n/a | n/a | n/a |
| Ai Holdings Corporation 3076.T | Japan | $885M | +10% | +28% | 13% | 16.9× | -6.9% | +13.0% |