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Chinese maker of optical components (PLC splitters, AWG modules, fiber arrays) for telecom and data-center optical networks.
Chinese maker of optical components (PLC splitters, AWG modules, fiber arrays) for telecom and data-center optical networks.
In one line: A small optical-components supplier, like a slice of Lumentum.
Moat: narrow (process know-how, customer qualification). Qualified into optical-module bills of materials; components face moderate switching costs.
Headquarters: Jiaxing, China · Founded: 2003 · Employees: 1,319
Size EverProX Technologies (300548.SZ) is a China Information Technology company (Semiconductors) with a market value of $5.04B, the 498th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥106.00 on 6 Nov 2026.
Performance Over six months the shares fell 58.7%, against -27.3% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 64.0% over the last twelve months (peer median +23.5%); the operating margin is 34.9% (peer median 12.7%).
Valuation It trades at 33.5× forward earnings against a peer median of 26.1× (6th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 31% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is +4 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 17.4 points above its cost of capital (15.4% WACC).
Next results Next results expected around 22 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.78B | CN¥2.52B | CN¥1.74B | CN¥1.67B | CN¥1.68B |
| Revenue growth | — | +45% | +4% | -1% | — |
| Gross profit | CN¥1.78B | CN¥985M | CN¥438M | CN¥293M | CN¥304M |
| EBITDA | n/a | CN¥730M | CN¥212M | CN¥70.9M | CN¥162M |
| Net income | CN¥678M | CN¥335M | CN¥72.1M | CN¥81.5M | CN¥201M |
| Free cash flow | CN¥619M | CN¥533M | CN¥277M | -CN¥122M | -CN¥66.8M |
| Capital expenditure | CN¥221M | CN¥181M | CN¥110M | CN¥221M | CN¥123M |
| Total debt | CN¥396M | CN¥481M | CN¥665M | CN¥158M | CN¥342M |
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 |
|---|---|---|---|---|---|---|
| EverProX Technologies 300548.SZ | $5.04B | -59% | +64% | 35% | 33.5× | 30.9% |
| Accelink Technologies 002281.SZ | $10.8B | -37% | +32% | 11% | 42.6× | n/a |
| Henan Shijia Photons Technology 688313.SS | $5.72B | -36% | +73% | 22% | 47.9× | n/a |
| Coherent COHR | $38.0B | -42% | +23% | 14% | 16.6× | 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 | 300548.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -44.3% | -16.4% | 2nd lowest of 21 |
| 6-month return | -58.7% | -27.3% | lowest of 21 |
| Distance from 52-week high | -65.8% | -46.9% | lowest of 21 |
| Revenue growth (TTM) | +64.0% | +23.5% | 5th highest of 21 |
| Operating margin | 34.9% | 12.7% | 4th highest of 21 |
| Forward P/E | 33.5× | 26.1× | 6th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 30.9% | 26.8% | 6th most demanding of 13 |
| Growth delivered (Del g) | +26.6% | +8.2% | highest of 13 |
| Hurdle (Req g minus delivered) | +4.4 pp | +15.5 pp | 5th least demanding of 13 |
| ROIC minus cost of capital | +17.4 pp | -1.9 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| EverProX Technologies 300548.SZ | China | $5.04B | -59% | +64% | 35% | 33.5× | 30.9% | +26.6% |
| Zhejiang Quartz Crystal Optoelectronic Technology 002273.SZ | China | $5.03B | -28% | +19% | 18% | 24.9× | 16.9% | +16.5% |
| Dosilicon 688110.SS | China | $5.13B | -7% | +375% | 54% | 27.4× | 23.6% | +3.3% |
| MaxOne Semiconductor (Suzhou) 688809.SS | China | $4.90B | +2% | +57% | 39% | n/a | n/a | n/a |
| Win Semiconductors 3105.TWO | Taiwan | $5.19B | -27% | +24% | 11% | 28.5× | 48.8% | -8.2% |
| CSI Solar 688472.SS | China | $4.87B | -37% | -36% | -2% | 48.8× | n/a | n/a |
| Allegro MicroSystems ALGM | United States | $5.25B | -42% | +28% | 9% | 22.1× | 45.3% | +8.5% |
| Impinj PI | United States | $5.28B | +12% | +8% | -1% | 62.6× | 47.2% | +21.1% |
| Hubei Feilihua Quartz Glass 300395.SZ | China | $5.35B | -38% | +50% | 24% | 52.7× | n/a | n/a |
| GalaxyCore 688728.SS | China | $5.41B | +1% | +16% | 3% | 86.7× | 28.8% | +3.8% |
| Sigmastar Technology 301536.SZ | China | $5.41B | +4% | +99% | 31% | n/a | 19.6% | +20.0% |
| Synaptics SYNA | United States | $4.63B | -7% | +11% | -3% | 21.6× | 34.6% | -2.2% |
| Powertech Technology 6239.TW | Taiwan | $4.61B | -11% | +24% | 13% | 13.2× | n/a | n/a |
| Silicon Motion Technology Corporation Sponsored ADR SIMO | United States | $5.52B | -36% | +104% | 21% | 8.4× | n/a | n/a |
| Shanghai Fudan Microelectronics 688385.SS | China | $4.60B | -31% | +15% | 12% | 31.6× | 24.8% | +18.9% |
| Espressif Systems (Shanghai) 688018.SS | China | $5.61B | +30% | +23% | 19% | 48.8× | 36.0% | +25.3% |
| Macronix International 2337.TW | Taiwan | $4.52B | -53% | +127% | 38% | 1.8× | -7.5% | -6.2% |
| Maxscend Microelectronics 300782.SZ | China | $4.51B | -47% | -6% | -25% | n/a | n/a | n/a |
| MaxLinear MXL | United States | $4.48B | -51% | +56% | -1% | 12.1× | n/a | n/a |
| TCL Zhonghuan Renewable Energy Technology 002129.SZ | China | $5.68B | +9% | +13% | -27% | n/a | n/a | n/a |
| Cirrus Logic CRUS | United States | $5.69B | -34% | +6% | 23% | 16.9× | 1.5% | +7.8% |