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Chinese consumer electronics brand selling chargers, cables, docks, power banks and NAS storage devices globally.
Chinese consumer electronics brand selling chargers, cables, docks, power banks and NAS storage devices globally.
Sells mainly through online platforms such as Amazon and Chinese marketplaces under its own brand, so results depend on platform rules, advertising costs and how fast it brings new products to market. A meaningful part of sales is overseas, which exposes it to tariffs.
In one line: A Chinese Anker/Belkin.
Moat: narrow (brand, distribution). Strong Amazon/online-marketplace brand recognition in charging accessories, though products are easily copied.
Headquarters: Shenzhen, Guangdong, China · Founded: 2012 · Employees: 5,097
Size Ugreen (301606.SZ) is a China Industrials company (Electrical Products) with a market value of $4.13B, the 621st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥58.66 on 6 Nov 2026.
Performance Over six months the shares fell 22.6%, against -18.8% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 19 in its peer set.
Growth Revenue grew 49.6% over the last twelve months (peer median +12.2%); the operating margin is 8.9% (peer median 8.2%).
Valuation It trades at 25.4× forward earnings against a peer median of 22.3× (9th most expensive of 19).
Capital Return on invested capital runs 21.2 points above its cost of capital (10.5% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥12.3B | CN¥9.47B | CN¥6.16B | CN¥4.80B | CN¥3.84B |
| Revenue growth | — | +54% | +28% | +25% | — |
| Gross profit | CN¥4.73B | CN¥3.43B | CN¥2.24B | CN¥1.79B | CN¥1.43B |
| EBITDA | n/a | CN¥848M | CN¥545M | CN¥468M | CN¥395M |
| Net income | CN¥941M | CN¥705M | CN¥462M | CN¥388M | CN¥327M |
| Free cash flow | -CN¥223M | -CN¥60.9M | CN¥603M | CN¥156M | CN¥428M |
| Capital expenditure | CN¥380M | CN¥47.2M | CN¥28.1M | CN¥23.9M | CN¥29.1M |
| Total debt | CN¥345M | CN¥147M | CN¥118M | CN¥127M | CN¥150M |
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 |
|---|---|---|---|---|---|---|
| Ugreen 301606.SZ | $4.13B | -23% | +50% | 9% | 25.4× | n/a |
| Anker Innovations Technology 300866.SZ | $8.83B | -11% | +22% | 11% | 19.5× | 5.8% |
| Hon Hai Precision Industry 2317.TW | $95.6B | -3% | +25% | 4% | 10.5× | 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 | 301606.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +28.3% | -12.9% | highest of 21 |
| 6-month return | -22.6% | -18.8% | 8th lowest of 19 |
| Distance from 52-week high | -36.9% | -49.7% | 8th highest of 21 |
| Revenue growth (TTM) | +49.6% | +12.2% | 5th highest of 20 |
| Operating margin | 8.9% | 8.2% | 11th highest of 21 |
| Forward P/E | 25.4× | 22.3× | 9th most expensive of 19 |
| ROIC minus cost of capital | +21.2 pp | -1.6 pp | 3rd highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ugreen 301606.SZ | China | $4.13B | -23% | +50% | 9% | 25.4× | n/a | n/a |
| Rosebank Industries ROSE.L | United Kingdom | $4.15B | -12% | n/a | 13% | 18.8× | n/a | n/a |
| Walsin Lihwa 1605.TW | Taiwan | $4.21B | -3% | -4% | 0% | 7.5× | n/a | n/a |
| KEI Industries KEI.NS | India | $4.03B | -22% | +25% | 10% | 33.9× | n/a | n/a |
| Teco Electric & Machinery 1504.TW | Taiwan | $4.23B | -13% | +8% | 9% | 19.5× | 9.3% | +5.2% |
| State Grid Yingda 600517.SS | China | $4.01B | -21% | +8% | 22% | 10.2× | -18.5% | +8.1% |
| Gaon Cable 000500.KS | South Korea | $3.97B | +50% | +32% | 3% | n/a | n/a | n/a |
| DPC DPC | United States | $4.30B | n/a | +12% | -1% | 31.9× | n/a | n/a |
| Beijing Sifang Automation 601126.SS | China | $3.94B | -44% | +9% | 9% | 27.8× | 25.3% | +16.3% |
| Shenzhen Hfc 301716.SZ | China | $3.93B | n/a | +114% | 44% | n/a | 45.3% | n/a |
| Guangzhou Great Power Energy & Technology 300438.SZ | China | $3.90B | -50% | +125% | 7% | 11.7× | 9.7% | +26.8% |
| XJ Electric 000400.SZ | China | $3.86B | 0% | -8% | 6% | 23.5× | n/a | n/a |
| Henan Pinggao Electric 600312.SS | China | $4.43B | -1% | -6% | 13% | 21.1× | n/a | n/a |
| CNGR Advanced Material 2579.HK | Hong Kong | $4.48B | -58% | +53% | 7% | 5.6× | n/a | n/a |
| Hainan Jinpan Smart Technology 688676.SS | China | $3.75B | -38% | +12% | 10% | 29.4× | 28.5% | +24.7% |
| Dajin Heavy Industry 002487.SZ | China | $3.71B | -60% | -2% | 19% | 19.6× | n/a | n/a |
| Wuhan Raycus Fiber Laser Technologies 300747.SZ | China | $3.67B | +22% | +16% | 6% | 76.8× | n/a | n/a |
| Shanghai Moons Electrical 603728.SS | China | $3.66B | -1% | +22% | 4% | 183.9× | n/a | n/a |
| Far East Smarter Energy 600869.SS | China | $4.73B | -16% | -1% | 1% | 37.4× | 38.2% | +7.3% |
| Fortune Electric 1519.TW | Taiwan | $4.75B | -50% | +5% | 21% | 26.0× | 16.1% | +23.6% |
| CALB 3931.HK | Hong Kong | $3.57B | -59% | +80% | 7% | 8.1× | n/a | n/a |