Loading…
Chinese power-utility software vendor for grid customer-service/metering systems, which also runs a large EV-charging platform.
Chinese power-utility software vendor for grid customer-service/metering systems, which also runs a large EV-charging platform.
Earns software and service fees from power utilities, mostly project work for the large grid companies, and a service fee on charging sessions paid through its aggregator app, which connects third-party charging stations to drivers. The charging side follows the number of sessions, so EV usage matters.
Moat: narrow (customer qualification, network effects). Entrenched utility-software relationships plus a large aggregated EV-charging network with two-sided network effects.
Headquarters: Wuxi, China · Employees: 5,202
Size Longshine Technology (300682.SZ) is a China Information Technology company (Packaged Software) with a market value of $1.39B, the 1747th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.82 on 6 Nov 2026.
Performance Over six months the shares fell 35.3%, against -11.4% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 19 in its peer set.
Growth Revenue grew 7.4% over the last twelve months (peer median +9.4%); the operating margin is -8.6% (peer median 1.3%).
Valuation It trades at 25.9× forward earnings against a peer median of 15.5× (4th most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 49% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +43 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 14.2 points below its cost of capital (10.3% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.53B | CN¥4.50B | CN¥4.46B | CN¥4.71B | CN¥4.54B |
| Revenue growth | — | +1% | -5% | +4% | — |
| Gross profit | CN¥1.77B | CN¥1.75B | CN¥1.72B | CN¥1.81B | CN¥1.68B |
| EBITDA | n/a | CN¥166M | -CN¥61.7M | CN¥513M | CN¥420M |
| Net income | -CN¥269M | CN¥105M | -CN¥250M | CN¥604M | CN¥514M |
| Free cash flow | CN¥65.9M | CN¥272M | CN¥241M | CN¥462M | CN¥38.4M |
| Capital expenditure | CN¥182M | CN¥229M | CN¥346M | CN¥269M | CN¥287M |
| Total debt | CN¥1.07B | CN¥858M | CN¥1.16B | CN¥485M | CN¥1.14B |
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 |
|---|---|---|---|---|---|---|
| Longshine Technology 300682.SZ | $1.39B | -35% | +7% | -9% | 25.9× | 49.4% |
| YGsoft 002063.SZ | $1.51B | -16% | +5% | 13% | 31.0× | 16.3% |
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 | 300682.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.0% | -0.4% | 5th highest of 21 |
| 6-month return | -35.3% | -11.4% | 5th lowest of 19 |
| Distance from 52-week high | -57.4% | -39.2% | 5th lowest of 21 |
| Revenue growth (TTM) | +7.4% | +9.4% | 10th lowest of 21 |
| Operating margin | -8.6% | 1.3% | 7th lowest of 21 |
| Forward P/E | 25.9× | 15.5× | 4th most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 49.4% | 11.6% | most demanding of 12 |
| Growth delivered (Del g) | +6.0% | +13.1% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | +43.4 pp | -18.7 pp | most demanding of 12 |
| ROIC minus cost of capital | -14.2 pp | -10.5 pp | 8th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Longshine Technology 300682.SZ | China | $1.39B | -35% | +7% | -9% | 25.9× | 49.4% | +6.0% |
| Playtech PTEC.L | United Kingdom | $1.39B | +7% | -54% | 0% | 11.4× | -6.0% | -7.4% |
| Wondershare Technology 300624.SZ | China | $1.38B | -25% | -8% | -12% | n/a | n/a | n/a |
| Lightspeed Commerce LSPD.TO | Canada | $1.38B | +9% | +11% | -9% | 14.4× | 13.5% | +42.0% |
| Shenzhen Kingdom Sci-tech 600446.SS | China | $1.41B | -27% | -22% | -6% | 177.0× | n/a | n/a |
| Zensar Technologies ZENSARTECH.NS | India | $1.37B | +9% | +9% | 14% | 16.9× | 13.4% | +8.5% |
| Ibotta IBTA | United States | $1.37B | +19% | +2% | -3% | n/a | -1.1% | +17.6% |
| Transwarp Technology Shanghai 688031.SS | China | $1.35B | -45% | +27% | -49% | n/a | n/a | n/a |
| Alkami Technology ALKT | United States | $1.44B | -25% | +24% | -5% | 13.1× | 12.6% | +31.7% |
| Hangzhou DPTech Technology 300768.SZ | China | $1.35B | -19% | -3% | 5% | 42.3× | 34.9% | +6.5% |
| NCR Voyix VYX | United States | $1.35B | +17% | -5% | 7% | 9.9× | n/a | n/a |
| Mech-Mind Robotics Technologies 9615.HK | Hong Kong | $1.34B | n/a | +45% | -41% | n/a | n/a | n/a |
| EverCommerce EVCM | United States | $1.45B | -31% | -7% | 13% | 11.7× | 11.6% | +11.8% |
| NextNav NN | United States | $1.45B | -56% | -36% | -1,900% | n/a | n/a | n/a |
| GO Inc. 581A.T | Japan | $1.45B | n/a | +32% | 17% | 21.9× | 34.7% | +31.9% |
| WeRide 0800.HK | Hong Kong | $1.33B | -47% | +109% | -221% | n/a | n/a | n/a |
| SHIFT UP 462870.KS | South Korea | $1.33B | -4% | -12% | 56% | 13.3× | -12.9% | +59.7% |
| Systex 6214.TW | Taiwan | $1.46B | +54% | +34% | 3% | 16.6× | -12.4% | +13.1% |
| Amagi Media Labs AMAGI.NS | India | $1.32B | +30% | +30% | 3% | 60.2× | n/a | n/a |
| NSD 9759.T | Japan | $1.32B | +12% | +10% | 16% | 16.6× | -10.9% | +12.2% |
| PearlAbyss 263750.KS | South Korea | $1.47B | -44% | +114% | 40% | 7.1× | n/a | n/a |