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← CockpitCompetitor Analysis › 300766.SZ Merit Interactive Co., Ltd. Class AOpen in the cockpit ↗

Merit Interactive Co., Ltd. Class A300766.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Packaged Software

Chinese internet/marketing technology company; specific product lines not confirmed from available knowledge.

Momentum neutral 44
Mkt cap
$1.17B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$42.5M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.6 pp
WACC 10.2%
Hurdle
n/a
no reverse DCF
Next earnings
172 days
27 Apr 2027
Close · CNYCN¥20.60
1D-3.2%
1W+12.4%
1M+1.3%
3M-11.0%
6M-29.5%
YTD-37.1%
1Y-41.0%
ATR %5.4%
52w lowhigh59.2% off high

What Merit Interactive does

Chinese internet/marketing technology company; specific product lines not confirmed from available knowledge.

Where it sits in the supply chain

  • Information Technology

Moat: none

Headquarters: China · Employees: 803

Merit Interactive at a glance

Size Merit Interactive (300766.SZ) is a China Information Technology company (Packaged Software) with a market value of $1.17B, the 2006th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.60 on 6 Nov 2026.

Performance Over six months the shares fell 29.5%, against -0.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.

Growth Revenue grew 29.9% over the last twelve months (peer median +11.3%); the operating margin is -1.9% (peer median 7.5%).

Valuation It trades at 12.4× enterprise value to sales against a peer median of 3.2× (4th most expensive of 21).

Capital Return on invested capital runs 6.6 points below its cost of capital (10.2% WACC).

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 96300766.SZ 66
Six months, rebased to 100: Merit Interactive against the median of its 20 peers (local-currency closes).

Merit Interactive financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥611MCN¥514MCN¥468MCN¥427MCN¥523M
Revenue growth—+10%+10%-18%—
Gross profitCN¥414MCN¥274MCN¥321MCN¥275MCN¥307M
EBITDAn/aCN¥42.3MCN¥39.6M-CN¥34.8MCN¥42.5M
Net incomeCN¥10.7M-CN¥35.0M-CN¥64.8M-CN¥49.9MCN¥26.3M
Free cash flow-CN¥53.6M-CN¥95.9M-CN¥105M-CN¥135M-CN¥110M
Capital expenditureCN¥136MCN¥149MCN¥127MCN¥150MCN¥180M
Total debtCN¥6.07MCN¥15.0MCN¥1.60MCN¥154MCN¥196M

Quarterly statements and history in the cockpit →

Merit Interactive 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

0%+100%+200%-50%-25%0%03543015630026052526MTG-AVIT-BRSKDINNVRDVTCYIENTPD74SW2492600198300348APPS688227300766.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Merit Interactive is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×10×20×035430156319560026052526MTG-AVIT-BRSKDINNVRDVTCYIENTPD2492600198300348APPS300872301382688227300766.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Merit Interactive is the large dot.

Merit Interactive competitors and peer comparison

How Merit Interactive 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.

Merit Interactive against its 20 peers (data as of 6 Nov 2026)
Measure300766.SZPeer medianRank in peer set
1-month return+1.3%-4.6%6th highest of 21
6-month return-29.5%-0.3%4th lowest of 20
Distance from 52-week high-59.2%-32.7%3rd lowest of 21
Revenue growth (TTM)+29.9%+11.3%3rd highest of 21
Operating margin-1.9%7.5%7th lowest of 21
EV / Sales12.4×3.2×4th most expensive of 21
ROIC minus cost of capital-6.6 pp-6.6 pp10th 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
Merit Interactive 300766.SZChina$1.17B-30%+30%-2%12.4×n/an/a
Chinasoft International 0354.HKHong Kong$1.18B0%+3%2%0.6×17.8%+3.1%
ICkey (Shanghai) Internet & Technology 301563.SZChina$1.19B-26%+26%4%2.6×n/an/a
Beijing Zhongke WengeAI Science and Technology 1956.HKHong Kong$1.19Bn/a+28%-54%18.7×n/an/a
Shanghai Yaoji Technology 002605.SZChina$1.14B-11%-3%20%3.1×6.4%+1.0%
Hangzhou Diagens Biotechnology 2526.HKHong Kong$1.13B-68%+134%-49%45.9×n/an/a
Modern Times Group MTG MTG-A.STSweden$1.22B+16%+42%11%1.3×-8.4%+23.7%
Vitec Software VIT-B.STSweden$1.22B+18%+6%21%4.0×3.8%+22.6%
Riskified RSKDUnited States$1.13B+78%+10%-4%2.5×12.6%+15.3%
InnovAge INNVUnited States$1.22B+18%+15%8%1.2×-6.7%+9.2%
Red Violet RDVTUnited States$1.12B+41%+20%18%10.9×39.4%+21.1%
Cyient CYIENT.NSIndia$1.23B+24%+10%9%1.6×20.3%+12.0%
PagerDuty PDUnited States$1.23B+115%+2%7%2.4×12.8%+18.2%
74Software 74SW.PAFrance$1.11B-5%+11%14%1.7×-1.7%+18.9%
Infomart 2492.TJapan$1.24B+70%+11%19%8.8×14.5%+16.5%
Datang Telecom Technology 600198.SSChina$1.25B-24%-11%-30%10.5×n/an/a
Shenzhen Sunline Tech 300348.SZChina$1.10B-22%+19%-1%3.4×n/an/a
Digital Turbine APPSUnited States$1.26B+200%+19%10%2.6×33.1%+12.5%
Tansun Technology 300872.SZChina$1.08B-11%-10%-12%4.5×n/an/a
Fengzhushou 301382.SZChina$1.28B-32%+28%8%4.1×n/an/a
Bingo Software 688227.SSChina$1.08B-56%-7%-11%14.3×n/an/a

Questions

Which companies are Merit Interactive's closest peers?
The cockpit's peer set: Chinasoft International (0354.HK), ICkey (Shanghai) Internet & Technology (301563.SZ), Beijing Zhongke WengeAI Science and Technology (1956.HK), Shanghai Yaoji Technology (002605.SZ), Hangzhou Diagens Biotechnology (2526.HK), Modern Times Group MTG (MTG-A.ST), Vitec Software (VIT-B.ST), Riskified (RSKD).
Is Merit Interactive expensive compared with its peers?
On ev / sales it trades at 12.4× against a peer median of 3.2×, 4th most expensive of 21 in its peer set.
How has Merit Interactive stock performed?
Over six months to 6 Nov 2026 the shares returned -29.5% against -0.3% for the median peer; over one year -41.0%.

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.