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China's leading electronic-design-automation (EDA) software maker, providing chip-design tools amid a push for EDA localisation.
China's leading electronic-design-automation (EDA) software maker, providing chip-design tools amid a push for EDA localisation.
Licenses design software to chip designers on time-based contracts, with most revenue from analog and custom-IC tools, where it is strongest. It is much smaller than the global tool vendors, and sales get a lift from Chinese chip firms seeking domestic tools after export restrictions. It also earns from design services and from tools for display designers.
In one line: China's Cadence/Synopsys.
Moat: narrow (switching costs, IP / patents, customer qualification). EDA tools are deeply embedded in chip-design workflows; the leading domestic EDA supplier benefits from localisation push.
Headquarters: Beijing, China · Founded: 2009 · Employees: 1,460
Size Empyrean Technology (301269.SZ) is a China Information Technology company (Packaged Software) with a market value of $7.70B, the 321st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥93.65 on 6 Nov 2026.
Performance Over six months the shares gained 5.4%, against +10.1% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 15.3% over the last twelve months (peer median +21.1%); the operating margin is -10.1% (peer median 11.2%).
Valuation It trades at 357.4× forward earnings against a peer median of 47.0× (2nd most expensive of 19).
Capital Return on invested capital runs 7.3 points below its cost of capital (6.9% WACC).
Next results Next results expected around 3 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.48B | CN¥1.31B | CN¥1.21B | CN¥1.00B | CN¥789M |
| Revenue growth | — | +8% | +21% | +27% | — |
| Gross profit | CN¥1.34B | CN¥1.06B | CN¥1.03B | CN¥839M | CN¥620M |
| EBITDA | n/a | CN¥64.4M | CN¥10.6M | CN¥122M | CN¥125M |
| Net income | CN¥78.9M | CN¥61.0M | CN¥109M | CN¥201M | CN¥186M |
| Free cash flow | -CN¥638,150 | CN¥419M | -CN¥126M | CN¥162M | CN¥36.6M |
| Capital expenditure | CN¥310M | CN¥185M | CN¥79.1M | CN¥115M | CN¥420M |
| Total debt | CN¥394M | CN¥430M | CN¥99.4M | CN¥146M | CN¥82.0M |
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 |
|---|---|---|---|---|---|---|
| Empyrean Technology 301269.SZ | $7.70B | +5% | +15% | -10% | 357.4× | n/a |
| Synopsys SNPS | $86.3B | -13% | +46% | 12% | 25.6× | 39.2% |
| Cadence Design Systems CDNS | $87.8B | -12% | +18% | 30% | 34.0× | 29.9% |
| Siemens SIE.DE | $225B | -4% | +4% | 13% | 23.4× | 18.3% |
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 | 301269.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.6% | -1.5% | 5th highest of 21 |
| 6-month return | +5.4% | +10.1% | 10th lowest of 21 |
| Distance from 52-week high | -31.9% | -26.5% | 10th lowest of 21 |
| Revenue growth (TTM) | +15.3% | +21.1% | 9th lowest of 21 |
| Operating margin | -10.1% | 11.2% | 6th lowest of 21 |
| Forward P/E | 357.4× | 47.0× | 2nd most expensive of 19 |
| ROIC minus cost of capital | -7.3 pp | +0.1 pp | 8th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Empyrean Technology 301269.SZ | China | $7.70B | +5% | +15% | -10% | 357.4× | n/a | n/a |
| Oracle Corporation Japan 4716.T | Japan | $7.73B | +10% | +10% | 32% | 17.0× | -6.9% | +6.5% |
| Horizon Robotics 9660.HK | Hong Kong | $7.61B | -48% | +46% | -101% | 159.5× | n/a | n/a |
| Zeta Global ZETA | United States | $7.79B | +81% | +36% | 3% | 28.2× | 49.7% | +28.8% |
| SentinelOne S | United States | $7.58B | +31% | +21% | -26% | 54.7× | 53.7% | +60.8% |
| Sangfor Technologies 300454.SZ | China | $7.84B | +5% | +21% | 2% | 71.4× | 46.1% | +6.9% |
| Clear Secure YOU | United States | $7.55B | -2% | +23% | 26% | 24.2× | 15.8% | +31.3% |
| Dropbox DBX | United States | $7.54B | +20% | 0% | 26% | 11.1× | -5.0% | +5.7% |
| ServiceTitan TTAN | United States | $7.89B | +36% | +23% | -13% | 55.6× | 20.7% | +27.1% |
| Duolingo DUOL | United States | $7.51B | +49% | +23% | 12% | 52.6× | 19.8% | +45.0% |
| Technology One TNE.AX | Australia | $7.40B | +15% | +14% | 29% | 56.7× | 33.3% | +14.9% |
| Gitlab GTLB | United States | $8.01B | +85% | +23% | -8% | 55.0× | 18.8% | +44.4% |
| InterDigital IDCC | United States | $7.35B | +2% | -12% | 45% | 41.4× | 13.4% | +18.4% |
| Kunlun Tech 300418.SZ | China | $7.33B | -21% | +48% | -21% | 1,291.3× | n/a | n/a |
| Descartes Systems DSG.TO | Canada | $8.10B | +32% | +12% | 33% | 37.9× | 4.4% | +16.8% |
| Xero XRO.AX | Australia | $8.36B | -13% | +27% | 13% | 66.7× | 25.9% | +25.3% |
| Snap SNAP | United States | $8.39B | -18% | +13% | -5% | 32.3× | 2.7% | +18.8% |
| Nemetschek NEM.DE | Germany | $8.39B | +10% | +13% | 26% | 29.9× | 11.1% | +14.8% |
| Square Enix 9684.T | Japan | $7.02B | +25% | +1% | 20% | 26.9× | -5.4% | -2.1% |
| MiniMax 0100.HK | Hong Kong | $7.00B | -81% | +159% | -407% | n/a | n/a | n/a |
| CSG Digital Power Grid Research Institute 301638.SZ | China | $8.52B | -37% | +18% | 10% | n/a | 18.0% | +8.2% |