Employees: 4,511
Size Cosonic Intelligent Technologies (300793.SZ) is a China Consumer Discretionary company (Electronics/Appliances) with a market value of $747M, the 2920th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.08 on 6 Nov 2026.
Performance Over six months the shares fell 7.1%, against -20.8% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 14.5% over the last twelve months (peer median +6.0%); the operating margin is -5.3% (peer median 8.3%).
Valuation It trades at 1.9× enterprise value to sales against a peer median of 1.3× (9th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 50% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is +54 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 8.2 points below its cost of capital (6.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.47B | CN¥2.11B | CN¥2.46B | CN¥2.37B | CN¥2.17B |
| Revenue growth | — | -14% | +4% | +9% | — |
| Gross profit | CN¥430M | CN¥225M | CN¥321M | CN¥381M | CN¥337M |
| EBITDA | n/a | CN¥6.13M | CN¥80.6M | CN¥181M | CN¥156M |
| Net income | -CN¥157M | -CN¥155M | CN¥41.3M | CN¥133M | CN¥174M |
| Free cash flow | CN¥20.0M | -CN¥170M | CN¥153M | -CN¥9.88M | -CN¥17.9M |
| Capital expenditure | CN¥75.0M | CN¥71.8M | CN¥217M | CN¥344M | CN¥165M |
| Total debt | CN¥1.27B | CN¥497M | CN¥561M | CN¥42.3M | CN¥281M |
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| Measure | 300793.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.4% | -6.3% | 2nd highest of 21 |
| 6-month return | -7.1% | -20.8% | 6th highest of 21 |
| Distance from 52-week high | -32.6% | -40.1% | 9th highest of 21 |
| Revenue growth (TTM) | +14.5% | +6.0% | 5th highest of 21 |
| Operating margin | -5.3% | 8.3% | 4th lowest of 21 |
| EV / Sales | 1.9× | 1.3× | 9th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 50.0% | 5.7% | most demanding of 14 |
| Growth delivered (Del g) | -4.4% | +6.8% | 3rd lowest of 14 |
| Hurdle (Req g minus delivered) | +54.5 pp | -3.3 pp | most demanding of 14 |
| ROIC minus cost of capital | -8.2 pp | -0.1 pp | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cosonic Intelligent Technologies 300793.SZ | China | $747M | -7% | +15% | -5% | 1.9× | 50.0% | -4.4% |
| Guangdong Hotata Technology 603848.SS | China | $736M | -24% | +7% | 13% | 3.1× | 17.0% | +5.9% |
| Alliance Material 3595.TWO | Taiwan | $760M | -71% | +200% | 35% | 50.4× | 45.5% | -2.5% |
| Bear Electric Appliance 002959.SZ | China | $794M | -18% | -7% | 7% | 0.9× | -6.6% | +7.5% |
| Ningbo Dechang Electrical Machinery Made 605555.SS | China | $794M | -29% | +11% | 2% | 1.1× | 11.9% | +16.8% |
| Tonze New Energy Technology 002759.SZ | China | $694M | -68% | +106% | 16% | 1.4× | n/a | n/a |
| Guoguang Electric 002045.SZ | China | $807M | -13% | -17% | -4% | 1.1× | n/a | n/a |
| JS Global Lifestyle 1691.HK | Hong Kong | $808M | +9% | 0% | 0% | 0.3× | 23.1% | -16.8% |
| Guangdong Hongjing Optoelectronic Technology 301479.SZ | China | $810M | -46% | +19% | 8% | 3.0× | n/a | n/a |
| Aucma 600336.SS | China | $675M | -24% | -15% | -7% | 1.1× | n/a | n/a |
| Appotronics 688007.SS | China | $662M | -35% | -47% | -20% | 3.5× | n/a | n/a |
| Doshisha 7483.T | Japan | $660M | -12% | +3% | 9% | 0.3× | -19.9% | +3.5% |
| Kyung Dong Navien 009450.KS | South Korea | $650M | -21% | +5% | 13% | 0.7× | -17.8% | +11.5% |
| Harvia HARVIA.HE | Finland | $858M | +7% | +12% | 19% | 3.8× | 14.0% | +12.8% |
| Shenzhen Textile (Holdings) 000045.SZ | China | $646M | -25% | -4% | 3% | 1.5× | 5.7% | +9.0% |
| Xiamen Comfort Science & Technology 002614.SZ | China | $640M | +19% | +12% | 0% | 0.8× | 3.9% | -6.3% |
| Guangdong Avcit Technology 001229.SZ | China | $634M | +11% | +11% | 10% | 15.9× | 43.0% | +6.8% |
| Zojirushi 7965.T | Japan | $621M | -5% | +5% | 8% | 0.8× | -9.0% | +4.0% |
| Suzhou Alton Electrical & Mechanical Industry 301187.SZ | China | $620M | -20% | +30% | 9% | 2.0× | n/a | n/a |
| Zhejiang Entive Smart Kitchen Appliance 300911.SZ | China | $619M | -28% | -51% | -50% | 17.8× | n/a | n/a |
| Cuckoo 192400.KS | South Korea | $618M | -8% | +10% | 12% | 0.5× | -20.7% | +9.4% |