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Maker of laser-processing equipment for display panels, printed circuit boards and photovoltaic manufacturing.
Maker of laser-processing equipment for display panels, printed circuit boards and photovoltaic manufacturing.
Moat: none (process know-how). Competes in a crowded domestic laser-equipment market without a clear scale edge.
Headquarters: Wuhan, Hubei, China · Founded: 2006 · Employees: 1,354
Size Wuhan DR Laser Technology (300776.SZ) is a China Industrials company (Industrial Machinery) with a market value of $4.69B, the 544th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥79.98 on 6 Nov 2026.
Performance Over six months the shares fell 23.5%, against -17.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 19 in its peer set.
Growth Revenue fell 23.3% over the last twelve months (peer median +11.1%); the operating margin is 19.3% (peer median 11.6%).
Valuation It trades at 37.9× forward earnings against a peer median of 17.8× (3rd most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 52% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +38 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 7.3 points below its cost of capital (14.4% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.81B | CN¥2.02B | CN¥2.00B | CN¥1.59B | CN¥1.31B |
| Revenue growth | — | +1% | +26% | +21% | — |
| Gross profit | CN¥833M | CN¥875M | CN¥878M | CN¥672M | CN¥587M |
| EBITDA | n/a | CN¥611M | CN¥589M | CN¥508M | CN¥430M |
| Net income | CN¥447M | CN¥519M | CN¥528M | CN¥461M | CN¥411M |
| Free cash flow | CN¥406M | CN¥43.0M | -CN¥295M | CN¥658M | CN¥311M |
| Capital expenditure | CN¥68.4M | CN¥76.4M | CN¥132M | CN¥119M | CN¥203M |
| Total debt | CN¥158M | CN¥1.05B | CN¥1.02B | CN¥1.10B | CN¥821M |
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 |
|---|---|---|---|---|---|---|
| Wuhan DR Laser Technology 300776.SZ | $4.69B | -24% | -23% | 19% | 37.9× | 51.8% |
| Han's Laser Technology Industry 002008.SZ | $7.97B | -48% | +59% | 12% | 19.1× | 19.6% |
| Suzhou Maxwell Technologies 300751.SZ | $6.72B | -33% | -26% | 6% | 72.0× | 47.7% |
| Wuxi Autowell Technology 688516.SS | $2.22B | -42% | -14% | 8% | 23.4× | n/a |
| Coherent COHR | $38.0B | -42% | +23% | 14% | 16.6× | 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 | 300776.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -28.8% | -9.5% | 5th lowest of 21 |
| 6-month return | -23.5% | -17.4% | 8th lowest of 19 |
| Distance from 52-week high | -63.3% | -39.9% | 4th lowest of 21 |
| Revenue growth (TTM) | -23.3% | +11.1% | 2nd lowest of 21 |
| Operating margin | 19.3% | 11.6% | 4th highest of 21 |
| Forward P/E | 37.9× | 17.8× | 3rd most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 51.8% | 10.6% | most demanding of 13 |
| Growth delivered (Del g) | +13.6% | +10.6% | 4th highest of 13 |
| Hurdle (Req g minus delivered) | +38.2 pp | -1.6 pp | most demanding of 13 |
| ROIC minus cost of capital | -7.3 pp | -1.2 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuhan DR Laser Technology 300776.SZ | China | $4.69B | -24% | -23% | 19% | 37.9× | 51.8% | +13.6% |
| Circuit Fabology Microelectronics Equipment 9630.HK | Hong Kong | $4.68B | n/a | +103% | 27% | 36.1× | 8.5% | +34.4% |
| Hangcha 603298.SS | China | $4.71B | -12% | +7% | 12% | 13.3× | 2.9% | +9.1% |
| AAON AAON | United States | $4.72B | -59% | +54% | 11% | 20.7× | n/a | n/a |
| Neway Valve (Suzhou) 603699.SS | China | $4.66B | -36% | +11% | 26% | 17.9× | 10.0% | +16.5% |
| UBTECH ROBOTICS 9880.HK | Hong Kong | $4.73B | -41% | +90% | -21% | n/a | n/a | n/a |
| Renishaw RSW.L | United Kingdom | $4.61B | -7% | +14% | 16% | 18.5× | 24.8% | +7.5% |
| Horiba 6856.T | Japan | $4.79B | -17% | +12% | 17% | 14.4× | 11.2% | +12.2% |
| Rainbow Robotics 277810.KS | South Korea | $4.59B | -52% | +92% | -16% | 653.8× | n/a | n/a |
| Interpump IP.MI | Italy | $4.57B | +3% | +1% | 14% | 16.8× | 12.6% | +9.9% |
| Alliance Laundry ALH | United States | $4.49B | -11% | +10% | 19% | 16.4× | 15.2% | +7.5% |
| HOSHIZAKI 6465.T | Japan | $4.93B | +5% | +12% | 10% | 17.8× | -4.5% | +15.3% |
| Jusung Engineering 036930.KS | South Korea | $4.39B | +5% | -33% | 0% | 145.3× | n/a | n/a |
| Kion KGX.DE | Germany | $5.05B | -25% | +3% | 6% | 10.4× | n/a | n/a |
| Leo 002131.SZ | China | $4.33B | -34% | +10% | -1% | n/a | n/a | n/a |
| ESAB ESAB | United States | $5.15B | -18% | +11% | 13% | 14.0× | 12.7% | +7.8% |
| X-Energy XE | United States | $4.24B | -65% | -9% | -156% | n/a | n/a | n/a |
| DMG MORI Aktiengesellschaft GIL.DE | Germany | $4.17B | 0% | +3% | 5% | n/a | 11.3% | +2.7% |
| Franklin Electric FELE | United States | $4.16B | -5% | +7% | 13% | 18.0× | 9.2% | +11.3% |
| Jiangsu Gao Kai Precision Fluid 688835.SS | China | $4.15B | n/a | +21% | 24% | n/a | n/a | n/a |
| Amada 6113.T | Japan | $4.10B | -20% | +18% | 10% | 15.9× | 8.7% | +11.8% |