Which companies are SEP Analytical (Shanghai)'s closest peers?

The cockpit's peer set: Guizhou Zhenhua E-Chem (688707.SS), Xi'an Xice Testing Technology (301306.SZ), Zhejiang Zhongxin Fluoride Materials (002915.SZ), Gubra A/S (GUBRA.CO), Shenzhen L&A Design (300949.SZ), Msscorps (6830.TW), Dark Horse Technology (300688.SZ), Daqian Ecology & Environment (603955.SS).

Is SEP Analytical (Shanghai) expensive compared with its peers?

On ev / sales it trades at 12.3× against a peer median of 4.2×, 6th most expensive of 21 in its peer set.

How has SEP Analytical (Shanghai) stock performed?

Over six months to 6 Nov 2026 the shares returned -24.0% against -9.6% for the median peer; over one year +52.8%.

← CockpitCompetitor Analysis › 301228.SZ SEP Analytical (Shanghai) Co., Ltd. Class AOpen in the cockpit ↗

SEP Analytical (Shanghai) Co., Ltd. Class A301228.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Miscellaneous Commercial Services

Chinese maker of analytical instruments, likely lab testing or measurement equipment.

Momentum laggard 5

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$757M

US dollars, full cap

$/day

$14.6M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-7.0 pp

WACC 5.9%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥40.35

1D-3.4%

1W+1.9%

1M-20.0%

3M-36.0%

6M-24.0%

YTD+4.5%

1Y+52.8%

ATR %8.4%

52w lowhigh52.5% off high

What SEP Analytical (Shanghai) does

Chinese maker of analytical instruments, likely lab testing or measurement equipment.

Where it sits in the supply chain

Instruments
Analytical instruments

Moat: none

Headquarters: Shanghai, China · Employees: 1,032

SEP Analytical (Shanghai) at a glance

Size SEP Analytical (Shanghai) (301228.SZ) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $757M, the 2884th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥40.35 on 6 Nov 2026.

Performance Over six months the shares fell 24.0%, against -9.6% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 5.1% over the last twelve months (peer median +7.5%); the operating margin is -9.0% (peer median 2.5%).

Valuation It trades at 12.3× enterprise value to sales against a peer median of 4.2× (6th most expensive of 21).

Capital Return on invested capital runs 7.0 points below its cost of capital (5.9% WACC).

Relative performance

Six months, rebased to 100: SEP Analytical (Shanghai) against the median of its 20 peers (local-currency closes).

SEP Analytical (Shanghai) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥407M	CN¥397M	CN¥441M	CN¥373M	CN¥351M
Revenue growth	—	-10%	+18%	+6%	—
Gross profit	CN¥121M	CN¥69.1M	CN¥109M	CN¥60.5M	CN¥104M
EBITDA	n/a	CN¥2.59M	-CN¥239,040	-CN¥34.2M	CN¥28.8M
Net income	-CN¥57.2M	-CN¥68.0M	-CN¥65.8M	-CN¥93.5M	-CN¥18.0M
Free cash flow	-CN¥137M	-CN¥14.5M	CN¥12.6M	-CN¥49.0M	-CN¥39.2M
Capital expenditure	CN¥118M	CN¥58.7M	CN¥16.1M	CN¥40.7M	CN¥52.6M
Total debt	CN¥179M	CN¥122M	CN¥76.3M	CN¥75.9M	CN¥71.3M

Quarterly statements and history in the cockpit →

SEP Analytical (Shanghai) 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

Up and to the right = strong over both horizons. SEP Analytical (Shanghai) is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. SEP Analytical (Shanghai) is the large dot.

SEP Analytical (Shanghai) competitors and peer comparison

How SEP Analytical (Shanghai) 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.

SEP Analytical (Shanghai) against its 20 peers (data as of 6 Nov 2026)
Measure	301228.SZ	Peer median	Rank in peer set
1-month return	-20.0%	-2.9%	5th lowest of 21
6-month return	-24.0%	-9.6%	6th lowest of 21
Distance from 52-week high	-52.5%	-30.7%	6th lowest of 21
Revenue growth (TTM)	+5.1%	+7.5%	7th lowest of 21
Operating margin	-9.0%	2.5%	7th lowest of 21
EV / Sales	12.3×	4.2×	6th most expensive of 21
ROIC minus cost of capital	-7.0 pp	-4.8 pp	9th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
SEP Analytical (Shanghai) 301228.SZ	China	$757M	-24%	+5%	-9%	12.3×	n/a	n/a
Guizhou Zhenhua E-Chem 688707.SS	China	$754M	-40%	+15%	-17%	3.2×	3.7%	+6.6%
Xi'an Xice Testing Technology 301306.SZ	China	$766M	-53%	+21%	-27%	15.7×	n/a	n/a
Zhejiang Zhongxin Fluoride Materials 002915.SZ	China	$767M	-17%	+8%	2%	3.9×	n/a	n/a
Gubra A/S GUBRA.CO	Denmark	$746M	-6%	-90%	-72%	15.7×	n/a	n/a
Shenzhen L&A Design 300949.SZ	China	$744M	+103%	0%	-28%	12.3×	n/a	n/a
Msscorps 6830.TW	Taiwan	$744M	-57%	+17%	3%	11.1×	n/a	n/a
Dark Horse Technology 300688.SZ	China	$770M	+18%	-32%	-33%	44.5×	n/a	n/a
Daqian Ecology & Environment 603955.SS	China	$776M	+21%	+217%	-53%	14.9×	n/a	n/a
China Machinery Huanyu Certification & Inspection 301508.SZ	China	$738M	-20%	+10%	21%	4.6×	6.8%	+15.4%
Credit CCP.AX	Australia	$738M	+37%	+7%	26%	2.6×	2.1%	+11.1%
Shandong Link Science and Technology 001207.SZ	China	$777M	-7%	+7%	13%	1.8×	-4.6%	+18.9%
Damon Technology 688360.SS	China	$779M	+8%	+19%	7%	3.0×	12.3%	+17.1%
Worldline WLN.PA	France	$732M	+9%	-18%	2%	0.7×	17.6%	+10.4%
Wuxi Jinyang Precision Manufacturing 301210.SZ	China	$729M	+8%	+57%	6%	2.5×	n/a	n/a
Shaanxi Lighte Optoelectronics Material 688150.SS	China	$787M	-44%	+14%	39%	7.7×	n/a	n/a
Funai Soken 9757.T	Japan	$721M	+5%	+6%	26%	2.9×	-8.3%	+5.9%
Suzhou Delphi Laser 688170.SS	China	$717M	-23%	+20%	1%	5.1×	n/a	n/a
Huatu Cendes 300492.SZ	China	$800M	-44%	-8%	-2%	1.7×	17.6%	+91.2%
AXISCADES Technologies AXISCADES.NS	India	$802M	-17%	+5%	10%	6.9×	n/a	n/a
transcosmos 9715.T	Japan	$802M	-12%	+6%	4%	0.2×	-18.5%	+3.2%

Questions

Which companies are SEP Analytical (Shanghai)'s closest peers?: The cockpit's peer set: Guizhou Zhenhua E-Chem (688707.SS), Xi'an Xice Testing Technology (301306.SZ), Zhejiang Zhongxin Fluoride Materials (002915.SZ), Gubra A/S (GUBRA.CO), Shenzhen L&A Design (300949.SZ), Msscorps (6830.TW), Dark Horse Technology (300688.SZ), Daqian Ecology & Environment (603955.SS).
Is SEP Analytical (Shanghai) expensive compared with its peers?: On ev / sales it trades at 12.3× against a peer median of 4.2×, 6th most expensive of 21 in its peer set.
How has SEP Analytical (Shanghai) stock performed?: Over six months to 6 Nov 2026 the shares returned -24.0% against -9.6% for the median peer; over one year +52.8%.