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← CockpitCompetitor Analysis › 300656.SZ Shenzhen Minde Electronics Technology Ltd. Class AOpen in the cockpit ↗

Shenzhen Minde Electronics Technology Ltd. Class A300656.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Computer Peripherals
Momentum neutral 44
Mkt cap
$681M
US dollars, full cap
Free float
80%
of shares outstanding
$/day
$17.1M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-18.9 pp
WACC 10.2%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥21.90
1D-3.5%
1W+9.9%
1M-23.2%
3M-4.8%
6M-13.4%
YTD-0.5%
1Y-8.8%
ATR %7.7%
52w lowhigh49.1% off high

What Shenzhen Minde Electronics Technology does

Employees: 581

Shenzhen Minde Electronics Technology at a glance

Size Shenzhen Minde Electronics Technology (300656.SZ) is a China Information Technology company (Computer Peripherals) with a market value of $681M, the 3130th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥21.90 on 6 Nov 2026.

Performance Over six months the shares fell 13.4%, against -16.9% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 14.4% over the last twelve months (peer median +10.9%); the operating margin is -60.0% (peer median 2.6%).

Valuation It trades at 16.6× enterprise value to sales against a peer median of 1.8× (2nd most expensive of 21).

Capital Return on invested capital runs 18.9 points below its cost of capital (10.2% WACC).

Relative performance

7510012511 May 202611 Aug 20266 Nov 2026Peer median 79300656.SZ 75
Six months, rebased to 100: Shenzhen Minde Electronics Technology against the median of its 20 peers (local-currency closes).

Shenzhen Minde Electronics Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥324MCN¥301MCN¥407MCN¥398MCN¥516M
Revenue growth—-26%+2%-23%—
Gross profitCN¥77.9MCN¥84.3MCN¥132MCN¥124MCN¥125M
EBITDA-CN¥87.1M-CN¥153MCN¥85.7MCN¥48.0MCN¥72.5M
Net income-CN¥165M-CN¥102M-CN¥114MCN¥12.6MCN¥89.7M
Free cash flow-CN¥103M-CN¥76.5MCN¥29.1M-CN¥50.3M-CN¥282M
Capital expenditureCN¥103MCN¥80.0MCN¥82.9MCN¥150MCN¥365M
Total debtCN¥861MCN¥913MCN¥417MCN¥401MCN¥272M

Quarterly statements and history in the cockpit →

Shenzhen Minde Electronics Technology competitor charts

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.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%-40%-20%0%300689MUB300531003019300368PCT8271657960020349150025773005590023620023766727QMCO300248SSYS64513076300656.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Shenzhen Minde Electronics Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×5×10×15×300689MUB300531003019300368PCT8271657960020349150025773005590023626727QMCO30024864513076300656.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shenzhen Minde Electronics Technology is the large dot.

Shenzhen Minde Electronics Technology competitors and peer comparison

How Shenzhen Minde Electronics Technology compares with its peers

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.

Shenzhen Minde Electronics Technology against its 20 peers (data as of 6 Nov 2026)
Measure300656.SZPeer medianRank in peer set
1-month return-23.2%-13.8%4th lowest of 21
6-month return-13.4%-16.9%10th highest of 21
Distance from 52-week high-49.1%-37.3%5th lowest of 21
Revenue growth (TTM)-14.4%+10.9%3rd lowest of 21
Operating margin-60.0%2.6%2nd lowest of 21
EV / Sales16.6×1.8×2nd most expensive of 21
ROIC minus cost of capital-18.9 pp-3.0 pp3rd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shenzhen Minde Electronics Technology 300656.SZChina$681M-13%-14%-60%16.6×n/an/a
Shenzhen Chengtian Weiye Technology Co 300689.SZChina$679M-27%+19%0%8.6×n/an/a
Muhlbauer Holding AG & Co. KGaA MUB.DEGermany$684M+9%+2%7%1.0×-4.9%+11.4%
Urovo Technology 300531.SZChina$693M-23%+33%8%2.6×n/an/a
TES Touch Embedded Solutions (Xiamen) 003019.SZChina$668M-28%+24%8%1.7×n/an/a
Hebei Huijin 300368.SZChina$667M-17%-18%-124%41.8×n/an/a
PC Partner PCT.SISingapore$662M+4%+18%7%0.3×n/an/a
Apacer Technology 8271.TWTaiwan$655M-28%+182%31%0.8×n/an/a
AAEON Technology 6579.TWTaiwan$633M-10%+30%9%2.1×n/an/a
Fujian Furi Electronics 600203.SSChina$736M-32%+35%0%0.5×n/an/a
Primax Electronics 4915.TWTaiwan$744M-29%+9%4%0.3×n/an/a
Shenzhen Rapoo Technology 002577.SZChina$754M+4%+11%-2%10.1×n/an/a
Chengdu Jiafaantai Education Technology 300559.SZChina$602M-26%-26%0%10.8×35.7%-6.0%
Hanwang Technology 002362.SZChina$596M-12%-2%-13%2.2×n/an/a
Shandong New Beiyang Information Technology 002376.SZChina$794M-9%+21%0%1.9×23.8%+3.1%
Wacom 6727.TJapan$570M-6%-3%13%0.7×-6.0%+0.3%
Quantum QMCOUnited States$570M+100%+11%0%1.8×n/an/a
Newcapec Electronics 300248.SZChina$567M-17%+1%1%3.7×21.5%+0.9%
Stratasys SSYSUnited States$565M-25%-3%-14%0.7×n/an/a
ShunSin Technology 6451.TWTaiwan$866M-53%+8%4%4.2×n/an/a
Ai Holdings Corporation 3076.TJapan$885M+10%+28%13%1.0×-6.9%+13.0%

Questions

Which companies are Shenzhen Minde Electronics Technology's closest peers?
The cockpit's peer set: Shenzhen Chengtian Weiye Technology Co (300689.SZ), Muhlbauer Holding AG & Co. KGaA (MUB.DE), Urovo Technology (300531.SZ), TES Touch Embedded Solutions (Xiamen) (003019.SZ), Hebei Huijin (300368.SZ), PC Partner (PCT.SI), Apacer Technology (8271.TW), AAEON Technology (6579.TW).
Is Shenzhen Minde Electronics Technology expensive compared with its peers?
On ev / sales it trades at 16.6× against a peer median of 1.8×, 2nd most expensive of 21 in its peer set.
How has Shenzhen Minde Electronics Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -13.4% against -16.9% for the median peer; over one year -8.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.