Loading…
Fujian-based electronics maker; specific product line not established from available knowledge.
Fujian-based electronics maker; specific product line not established from available knowledge.
Moat: none
Headquarters: Fujian, China · Employees: 2,140
Size Fujian Nebula Electronics (300648.SZ) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $720M, the 3002nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥27.53 on 6 Nov 2026.
Performance Over six months the shares fell 44.3%, against -16.5% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue fell 0.6% over the last twelve months (peer median +9.3%); the operating margin is -18.0% (peer median 5.6%).
Valuation It trades at 4.5× enterprise value to sales against a peer median of 3.2× (9th most expensive of 21).
Capital Return on invested capital runs 18.4 points below its cost of capital (12.2% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.13B | CN¥950M | CN¥1.09B | CN¥905M | CN¥1.28B |
| Revenue growth | — | -13% | +20% | -29% | — |
| Gross profit | CN¥427M | CN¥275M | CN¥313M | CN¥207M | CN¥326M |
| EBITDA | n/a | -CN¥40.2M | CN¥52.2M | -CN¥85.1M | CN¥46.9M |
| Net income | -CN¥187M | -CN¥220M | -CN¥82.4M | -CN¥193M | CN¥9.05M |
| Free cash flow | -CN¥107M | CN¥57.9M | CN¥105M | -CN¥325M | -CN¥339M |
| Capital expenditure | CN¥147M | CN¥99.2M | CN¥34.6M | CN¥288M | CN¥105M |
| Total debt | CN¥1.07B | CN¥916M | CN¥955M | CN¥1.16B | CN¥990M |
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.
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 | 300648.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.9% | -13.2% | 6th lowest of 21 |
| 6-month return | -44.3% | -16.5% | 3rd lowest of 20 |
| Distance from 52-week high | -57.6% | -41.8% | 3rd lowest of 21 |
| Revenue growth (TTM) | -0.6% | +9.3% | 5th lowest of 20 |
| Operating margin | -18.0% | 5.6% | 3rd lowest of 21 |
| EV / Sales | 4.5× | 3.2× | 9th most expensive of 21 |
| ROIC minus cost of capital | -18.4 pp | -1.2 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fujian Nebula Electronics 300648.SZ | China | $720M | -44% | -1% | -18% | 4.5× | n/a | n/a |
| Nanjing Xinlian Electronics 002546.SZ | China | $732M | -29% | -2% | 21% | 2.0× | -8.4% | +3.7% |
| Zhejiang Shuangyuan Technology 688623.SS | China | $733M | -10% | +10% | 7% | 8.2× | 39.1% | +15.5% |
| Hioki E.E.Corporation 6866.T | Japan | $703M | -27% | +17% | 20% | 2.0× | 8.9% | +13.3% |
| Beauty Tech TBTG.L | United Kingdom | $742M | +71% | n/a | 21% | 3.6× | 4.5% | n/a |
| Shenzhen Anche Technologies 300572.SZ | China | $747M | -29% | +13% | -33% | 8.0× | n/a | n/a |
| Acrel 300286.SZ | China | $691M | -23% | +9% | 13% | 2.7× | 15.7% | +8.8% |
| RNBC New Energy 301667.SZ | China | $755M | -59% | +24% | 6% | 3.0× | n/a | n/a |
| Shenzhen Jieshun Science & Technology Industry 002609.SZ | China | $683M | -14% | +5% | 3% | 2.4× | 1.9% | +5.0% |
| Keytop Parking 2272.HK | Hong Kong | $761M | n/a | +4% | 11% | 6.3× | n/a | n/a |
| Xiamen Sinic-Tek Intelligent Technology 301568.SZ | China | $676M | -23% | +19% | 17% | 7.6× | 35.3% | +13.6% |
| Smartgiant Technology 688115.SS | China | $672M | +22% | +40% | 5% | 11.4× | n/a | n/a |
| ZhongYeDa Electric 002441.SZ | China | $662M | -20% | +5% | 2% | 0.4× | 3.9% | +0.1% |
| Changchun Zhiyuan New Energy Equipment 300985.SZ | China | $786M | +22% | +55% | -5% | 3.5× | n/a | n/a |
| Catapult Sports CAT.AX | Australia | $788M | +15% | +19% | -17% | 5.0× | 27.1% | +18.0% |
| Cosmo AM&T 005070.KS | South Korea | $789M | -45% | +8% | 2% | 2.0× | 29.5% | +17.4% |
| Nihon Dengi 1723.T | Japan | $653M | -35% | +2% | 26% | 1.8× | -0.4% | +6.4% |
| COSCO SHIPPING Technology 002401.SZ | China | $646M | -16% | -4% | -2% | 2.1× | 12.2% | +3.5% |
| Anhui Landun Photoelectron 300862.SZ | China | $814M | +31% | -27% | -23% | 12.8× | n/a | n/a |
| OPTEX 6914.T | Japan | $632M | -6% | +14% | 14% | 1.1× | 1.9% | +13.6% |
| Saimo Technology 300466.SZ | China | $631M | -14% | -6% | 0% | 8.5× | 57.8% | -2.8% |