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Chengdu-based technology company; specific product line not established from available knowledge.
Chengdu-based technology company; specific product line not established from available knowledge.
Moat: none
Headquarters: Chengdu, China · Employees: 474
Size Chengdu RML Technology (301050.SZ) is a China Information Technology company (Electronic Production Equipment) with a market value of $927M, the 2451st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.97 on 6 Nov 2026.
Performance Over six months the shares fell 37.2%, against -14.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue fell 80.8% over the last twelve months (peer median +11.9%); the operating margin is -128.0% (peer median 4.9%).
Valuation It trades at 22.1× forward earnings against a peer median of 19.4× (7th cheapest of 13).
Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is +5 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 19.7 points below its cost of capital (9.0% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥134M | CN¥740M | CN¥1.18B | CN¥884M | CN¥851M |
| Revenue growth | — | -37% | +33% | +4% | — |
| Gross profit | CN¥82.3M | CN¥261M | CN¥483M | CN¥456M | CN¥371M |
| EBITDA | n/a | CN¥113M | CN¥289M | CN¥303M | CN¥272M |
| Net income | -CN¥111M | CN¥164M | CN¥343M | CN¥305M | CN¥277M |
| Free cash flow | CN¥108M | CN¥266M | -CN¥315M | CN¥758M | -CN¥60.8M |
| Capital expenditure | CN¥10.1M | CN¥14.9M | CN¥20.4M | CN¥41.6M | CN¥83.1M |
| Total debt | CN¥74.9M | CN¥90.7M | CN¥220M | CN¥447M | CN¥615M |
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.
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 | 301050.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.1% | -16.6% | 6th highest of 21 |
| 6-month return | -37.2% | -14.6% | 7th lowest of 20 |
| Distance from 52-week high | -66.7% | -45.4% | 4th lowest of 21 |
| Revenue growth (TTM) | -80.8% | +11.9% | lowest of 21 |
| Operating margin | -128.0% | 4.9% | lowest of 21 |
| Forward P/E | 22.1× | 19.4× | 7th cheapest of 13 |
| Growth the price implies (Req g, 7 yrs) | 21.4% | 14.5% | most demanding of 6 |
| Growth delivered (Del g) | +16.9% | +8.6% | highest of 6 |
| Hurdle (Req g minus delivered) | +4.5 pp | +7.1 pp | 3rd least demanding of 6 |
| ROIC minus cost of capital | -19.7 pp | -3.5 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chengdu RML Technology 301050.SZ | China | $927M | -37% | -81% | -128% | 22.1× | 21.4% | +16.9% |
| Hangzhou Sunrise Technology 300360.SZ | China | $919M | -20% | -17% | 19% | 10.0× | -1.6% | +9.0% |
| Shenzhen Laibao Hi-Tech 002106.SZ | China | $962M | -13% | -12% | 4% | 28.4× | n/a | n/a |
| Mitsui High-Tec 6966.T | Japan | $892M | +20% | +10% | 8% | 9.2× | n/a | n/a |
| Nanjing Wavelength Opto-Electronic Science and Technology 301421.SZ | China | $980M | -46% | +8% | 7% | 77.3× | n/a | n/a |
| Scanfil SCANFL.HE | Finland | $877M | -7% | +19% | 6% | 16.2× | 6.9% | +6.0% |
| TES 095610.KS | South Korea | $982M | -7% | +33% | 17% | 13.7× | 14.5% | +7.4% |
| LX Technology 2436.HK | Hong Kong | $1.02B | +37% | -4% | 4% | 120.4× | n/a | n/a |
| AcBel Polytech 6282.TW | Taiwan | $838M | -35% | +14% | 3% | 22.5× | 15.7% | +8.6% |
| Suzhou K-Hiragawa Electronic Technology 603052.SS | China | $1.03B | -55% | +7% | -10% | n/a | n/a | n/a |
| LianChuang Electronic Technology 002036.SZ | China | $818M | -42% | -32% | -25% | n/a | n/a | n/a |
| I-Chiun Precision Industry 2486.TW | Taiwan | $1.05B | -53% | +25% | 7% | 23.3× | n/a | n/a |
| Beken 603068.SS | China | $810M | 0% | +35% | 1% | n/a | n/a | n/a |
| Shenzhen AV-Display 300939.SZ | China | $1.07B | +54% | +5% | 3% | n/a | n/a | n/a |
| DKE 1770.HK | Hong Kong | $796M | n/a | +35% | 5% | n/a | 17.5% | +9.6% |
| Radiant Opto-Electronics 6176.TW | Taiwan | $795M | -15% | -11% | 9% | 9.5× | n/a | n/a |
| Team 4967.TW | Taiwan | $783M | -7% | +91% | 35% | 39.4× | n/a | n/a |
| Suzhou Jinfu Technology 300128.SZ | China | $781M | -38% | +33% | -12% | n/a | n/a | n/a |
| Foxsemicon Integrated Technology 3413.TW | Taiwan | $778M | -29% | +16% | 13% | 8.6× | n/a | n/a |
| Japan Display 6740.T | Japan | $773M | -74% | -25% | -9% | n/a | n/a | n/a |
| Harbin Xinguang Optic-Electronics Technology 688011.SS | China | $1.11B | +17% | +14% | -42% | n/a | n/a | n/a |