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Shanghai-based maker of GNSS/satellite positioning receivers and systems for surveying, agriculture and autonomous machinery.
Shanghai-based maker of GNSS/satellite positioning receivers and systems for surveying, agriculture and autonomous machinery.
Sells positioning receivers, antennas and software as equipment, with surveying firms, farm-machinery makers and automated-vehicle developers buying them to reach centimetre-level accuracy. Orders follow customers' equipment cycles, such as land-survey work, farm machinery sales and vehicle programme starts.
In one line: A smaller, China-focused Trimble.
Moat: narrow (IP / patents, process know-how). High-precision GNSS algorithms and hardware integration are hard to replicate quickly.
Headquarters: Shanghai, China · Employees: 2,333
Size Shanghai HuaCe Navigation Technology (300627.SZ) is a China Information Technology company (Telecommunications Equipment) with a market value of $2.44B, the 1051st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.61 on 6 Nov 2026.
Performance Over six months the shares fell 35.0%, against -29.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue fell 0.5% over the last twelve months (peer median +8.0%); the operating margin is 12.6% (peer median 1.3%).
Valuation It trades at 21.0× forward earnings against a peer median of 23.0× (7th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about 19% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.3 points above its cost of capital (9.1% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.58B | CN¥3.69B | CN¥3.24B | CN¥2.67B | CN¥2.22B |
| Revenue growth | — | +14% | +21% | +20% | — |
| Gross profit | CN¥2.18B | CN¥2.14B | CN¥1.78B | CN¥1.42B | CN¥1.17B |
| EBITDA | n/a | CN¥724M | CN¥587M | CN¥419M | CN¥271M |
| Net income | CN¥562M | CN¥685M | CN¥583M | CN¥449M | CN¥361M |
| Free cash flow | CN¥605M | CN¥629M | CN¥603M | CN¥316M | CN¥32.0M |
| Capital expenditure | CN¥92.7M | CN¥102M | CN¥63.1M | CN¥140M | CN¥356M |
| Total debt | CN¥330M | CN¥398M | CN¥368M | CN¥465M | CN¥488M |
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 |
|---|---|---|---|---|---|---|
| Shanghai HuaCe Navigation Technology 300627.SZ | $2.44B | -35% | 0% | 13% | 21.0× | 18.6% |
| Trimble TRMB | $12.6B | -11% | +7% | 18% | 13.6× | 15.3% |
| Hexagon HEXA-B.ST | $29.4B | +14% | -20% | -14% | 30.0× | 9.1% |
| Beijing UniStrong Science & Technology 002383.SZ | $712M | -30% | -1% | -15% | n/a | n/a |
| Beijing BDStar Navigation 002151.SZ | $2.10B | -36% | +35% | -14% | n/a | 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 | 300627.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.0% | -7.8% | 6th lowest of 21 |
| 6-month return | -35.0% | -29.2% | 8th lowest of 20 |
| Distance from 52-week high | -57.1% | -51.2% | 9th lowest of 21 |
| Revenue growth (TTM) | -0.5% | +8.0% | 6th lowest of 21 |
| Operating margin | 12.6% | 1.3% | 3rd highest of 21 |
| Forward P/E | 21.0× | 23.0× | 7th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | 18.6% | 18.5% | 3rd most demanding of 6 |
| Growth delivered (Del g) | +21.3% | +9.0% | highest of 6 |
| Hurdle (Req g minus delivered) | -2.7 pp | +10.0 pp | 2nd least demanding of 6 |
| ROIC minus cost of capital | +4.3 pp | -3.7 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai HuaCe Navigation Technology 300627.SZ | China | $2.44B | -35% | 0% | 13% | 21.0× | 18.6% | +21.3% |
| WNC 6285.TW | Taiwan | $2.41B | -29% | +30% | 5% | 10.8× | -0.5% | +12.0% |
| Digi International DGII | United States | $2.40B | -4% | +20% | 15% | 20.6× | 20.5% | +9.0% |
| Wuhan Changjin Photonics Technology 688635.SS | China | $2.39B | n/a | +28% | 39% | n/a | n/a | n/a |
| Jushri Technologies 300762.SZ | China | $2.31B | -45% | -17% | -91% | n/a | n/a | n/a |
| Wingtech Technology 600745.SS | China | $2.26B | -59% | -93% | -30% | n/a | n/a | n/a |
| GN Store Nord A/S GN.CO | Denmark | $2.70B | +30% | -26% | 3% | n/a | 18.5% | +4.7% |
| Hytera Communications 002583.SZ | China | $2.17B | -20% | +4% | 7% | 19.4× | n/a | n/a |
| Shanghai Longcheer Technology 603341.SS | China | $2.12B | +2% | +1% | 0% | 29.8× | n/a | n/a |
| Tongyu Communication 002792.SZ | China | $2.12B | -38% | +2% | -4% | 299.2× | n/a | n/a |
| Shenzhen KTC Technology 001308.SZ | China | $2.09B | +3% | 0% | 3% | 20.3× | n/a | n/a |
| MeiG Smart Technology 002881.SZ | China | $1.92B | +8% | +24% | 7% | 49.5× | n/a | n/a |
| Ondas ONDS | United States | $3.11B | -41% | +979% | -127% | n/a | n/a | n/a |
| Calix CALX | United States | $1.89B | -29% | +23% | 5% | 13.9× | 23.1% | +13.1% |
| Fibocom Wireless 0638.HK | Hong Kong | $1.89B | -48% | +9% | 2% | 16.3× | n/a | n/a |
| Digital China 000034.SZ | China | $3.16B | -22% | +28% | 1% | 26.6× | n/a | n/a |
| Skyworth Digital 000810.SZ | China | $1.85B | -15% | +28% | 1% | 23.0× | n/a | n/a |
| Wuhan Yangtze Communication Industry 600345.SS | China | $1.85B | -23% | +13% | -8% | n/a | n/a | n/a |
| Beijing Tricolor Technology 603516.SS | China | $1.72B | -60% | -11% | -20% | 57.4× | n/a | n/a |
| Eastern Communications 600776.SS | China | $1.72B | -33% | +7% | -5% | n/a | n/a | n/a |
| Huber + Suhner HUBN.SW | Switzerland | $3.49B | -44% | -4% | 9% | 30.9× | 11.1% | +3.2% |