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Chinese maker of automated test equipment (ATE) for semiconductors and flat-panel displays.
Chinese maker of automated test equipment (ATE) for semiconductors and flat-panel displays.
Display-panel test equipment is the larger, older business and sells as panel makers build new lines, which makes orders lumpy; the semiconductor test and inspection business is newer. Each tool is adapted to a customer's line, then upgraded.
In one line: China's answer to Advantest/Teradyne in chip and display test equipment.
Moat: narrow (IP / patents, customer qualification, process know-how). Test-equipment engineering know-how and qualification with domestic chip/display makers amid China's semiconductor self-sufficiency push.
Headquarters: Wuhan, China · Employees: 3,709
Size Wuhan Jingce Electronic (300567.SZ) is a China Information Technology company (Electronic Components) with a market value of $4.80B, the 526th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥114.49 on 6 Nov 2026.
Performance Over six months the shares fell 13.6%, against -13.5% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 30.7% over the last twelve months (peer median +16.5%); the operating margin is -0.5% (peer median 10.1%).
Valuation It trades at 119.3× forward earnings against a peer median of 29.7× (4th most expensive of 19).
Capital Return on invested capital runs 12.4 points below its cost of capital (13.4% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.93B | CN¥3.34B | CN¥2.61B | CN¥2.47B | CN¥2.75B |
| Revenue growth | — | +28% | +6% | -10% | — |
| Gross profit | CN¥1.92B | CN¥1.50B | CN¥1.02B | CN¥1.13B | CN¥1.18B |
| EBITDA | n/a | CN¥312M | -CN¥10.3M | CN¥194M | CN¥221M |
| Net income | CN¥62.0M | CN¥82.0M | -CN¥97.6M | CN¥150M | CN¥272M |
| Free cash flow | -CN¥812M | -CN¥258M | -CN¥223M | -CN¥540M | -CN¥819M |
| Capital expenditure | CN¥409M | CN¥518M | CN¥427M | CN¥515M | CN¥825M |
| Total debt | CN¥4.79B | CN¥4.26B | CN¥3.85B | CN¥3.25B | CN¥2.22B |
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 |
|---|---|---|---|---|---|---|
| Wuhan Jingce Electronic 300567.SZ | $4.80B | -14% | +31% | 0% | 119.3× | n/a |
| Advantest 6857.T | $124B | -1% | +48% | 50% | 27.5× | 36.4% |
| Teradyne TER | $34.1B | -39% | +75% | 33% | 20.2× | 20.9% |
| Chroma Ate 2360.TW | $15.4B | -46% | +101% | 39% | 18.5× | 19.3% |
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 | 300567.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -34.6% | -28.8% | 7th lowest of 21 |
| 6-month return | -13.6% | -13.5% | 11th highest of 21 |
| Distance from 52-week high | -65.8% | -45.9% | 4th lowest of 21 |
| Revenue growth (TTM) | +30.7% | +16.5% | 8th highest of 21 |
| Operating margin | -0.5% | 10.1% | lowest of 21 |
| Forward P/E | 119.3× | 29.7× | 4th most expensive of 19 |
| ROIC minus cost of capital | -12.4 pp | -1.8 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuhan Jingce Electronic 300567.SZ | China | $4.80B | -14% | +31% | 0% | 119.3× | n/a | n/a |
| Sichuan Huafeng Technology 688629.SS | China | $4.85B | -49% | +46% | 9% | 87.5× | n/a | n/a |
| Guangdong Kingshine Electronic Technology 300903.SZ | China | $4.69B | +45% | +36% | 4% | 276.3× | n/a | n/a |
| Silergy 6415.TW | Taiwan | $4.58B | -11% | +13% | 12% | 30.5× | n/a | n/a |
| Camtek CAMT | United States | $4.53B | -53% | +12% | 23% | 19.6× | 29.7% | +26.1% |
| Delton Technology (Guangzhou) 001389.SZ | China | $4.43B | -48% | +77% | 25% | 18.6× | n/a | n/a |
| Dynamic Electronics 603175.SS | China | $5.37B | -15% | +15% | 5% | n/a | n/a | n/a |
| Nantong Jianghai Capacitor 002484.SZ | China | $4.28B | -15% | +17% | 14% | 27.6× | 23.2% | +15.9% |
| Lotes 3533.TW | Taiwan | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% | +14.3% |
| ITEQ 6213.TW | Taiwan | $5.45B | +75% | +16% | 9% | 16.6× | n/a | n/a |
| Hirose Electric 6806.T | Japan | $4.23B | -4% | +21% | 22% | 17.5× | 8.4% | +9.6% |
| Taiyo Yuden 6976.T | Japan | $5.63B | +4% | +6% | 6% | 28.8× | 47.0% | +3.4% |
| Optics Technology 300489.SZ | China | $4.07B | +101% | +40% | 11% | 125.0× | n/a | n/a |
| Founder Technology 600601.SS | China | $5.70B | -27% | +73% | 19% | 47.6× | n/a | n/a |
| Shenzhen Jpt Opto-Electronics 688025.SS | China | $3.97B | -22% | +69% | 18% | 43.3× | 44.7% | +19.4% |
| Compeq Manufacturing 2313.TW | Taiwan | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% | +4.7% |
| Shenzhen Everwin Precision Technology 300115.SZ | China | $5.95B | -12% | +19% | 2% | 124.0× | n/a | n/a |
| Walsin Technology 2492.TW | Taiwan | $3.79B | +74% | +8% | 8% | 37.6× | 36.0% | +0.5% |
| Caihong Display Devices 600707.SS | China | $3.70B | -15% | -3% | 4% | 11.6× | 2.9% | +1.7% |
| Hamamatsu Photonics K.K 6965.T | Japan | $3.69B | -7% | +10% | 9% | 30.9× | 27.8% | +8.6% |
| Suntak Technology 002815.SZ | China | $3.61B | +2% | +31% | 10% | n/a | n/a | n/a |