Employees: 20,680
Size Shenzhen Kinwong Electronic (3228.HK) is a Hong Kong Information Technology company (Electronic Components) with a market value of $7.87B, the 197th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$44.10 on 6 Nov 2026.
Growth Revenue grew 39.8% over the last twelve months (peer median +23.2%); the operating margin is 12.2% (peer median 11.2%).
Valuation It trades at 15.8× forward earnings against a peer median of 27.4× (5th cheapest of 19).
Capital Return on invested capital runs 7.0 points above its cost of capital (5.8% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$22.2B | HK$16.6B | HK$13.7B | HK$11.8B | HK$12.2B |
| Revenue growth | — | +21% | +16% | -3% | — |
| Gross profit | HK$6.44B | HK$3.42B | HK$2.96B | HK$2.59B | HK$2.57B |
| EBITDA | n/a | HK$2.47B | HK$2.22B | HK$2.07B | HK$2.04B |
| Net income | HK$2.18B | HK$1.34B | HK$1.27B | HK$1.03B | HK$1.24B |
| Free cash flow | -HK$5.09B | -HK$906M | HK$480M | HK$749M | -HK$385M |
| Capital expenditure | HK$6.96B | HK$3.00B | HK$2.00B | HK$1.60B | HK$2.20B |
| Total debt | HK$11.3B | HK$4.99B | HK$3.57B | HK$5.04B | HK$4.21B |
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 | 3228.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -44.7% | -33.1% | 2nd lowest of 21 |
| Distance from 52-week high | -49.9% | -49.0% | 11th highest of 21 |
| Revenue growth (TTM) | +39.8% | +23.2% | 6th highest of 21 |
| Operating margin | 12.2% | 11.2% | 10th highest of 21 |
| Forward P/E | 15.8× | 27.4× | 5th cheapest of 19 |
| ROIC minus cost of capital | +7.0 pp | -1.5 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Kinwong Electronic 3228.HK | Hong Kong | $7.87B | n/a | +40% | 12% | 15.8× | n/a | n/a |
| Shengyi Electronics 688183.SS | China | $7.95B | -44% | +46% | 21% | 19.4× | n/a | n/a |
| Taiwan Union Technology 6274.TWO | Taiwan | $8.21B | -26% | +87% | 23% | 13.9× | n/a | n/a |
| Innolux 3481.TW | Taiwan | $8.71B | +32% | +11% | 0% | 62.6× | 37.3% | -3.4% |
| TTM Technologies TTMI | United States | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% | +6.7% |
| Sunny Optical 2382.HK | Hong Kong | $8.92B | -3% | +20% | 8% | 14.8× | 4.9% | +1.9% |
| VICR VICR | United States | $6.78B | -43% | +41% | 25% | 25.9× | 46.0% | +6.6% |
| Orbbec 688322.SS | China | $6.73B | +37% | +1% | 0% | 202.4× | n/a | n/a |
| Jiangxi Redboard Technology 603459.SS | China | $6.70B | -4% | +36% | 17% | n/a | 53.4% | +36.1% |
| Tripod Technology 3044.TW | Taiwan | $6.57B | -15% | +21% | 19% | 10.7× | n/a | n/a |
| Shenzhen Fastprint Circuit Tech 002436.SZ | China | $6.54B | -7% | +26% | 6% | 57.3× | n/a | n/a |
| Advanced Fiber Resources Zhuhai 300620.SZ | China | $6.50B | -27% | +86% | 18% | 107.0× | n/a | n/a |
| Shenzhen Everwin Precision Technology 300115.SZ | China | $5.95B | -12% | +19% | 2% | 124.0× | n/a | n/a |
| Compeq Manufacturing 2313.TW | Taiwan | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% | +4.7% |
| Kinsus Interconnect Technology 3189.TW | Taiwan | $10.7B | +27% | +34% | 14% | 29.4× | 41.2% | +7.7% |
| Accelink Technologies 002281.SZ | China | $10.8B | -37% | +32% | 11% | 42.6× | n/a | n/a |
| Founder Technology 600601.SS | China | $5.70B | -27% | +73% | 19% | 47.6× | n/a | n/a |
| Taiyo Yuden 6976.T | Japan | $5.63B | +4% | +6% | 6% | 28.8× | 47.0% | +3.4% |
| ITEQ 6213.TW | Taiwan | $5.45B | +75% | +16% | 9% | 16.6× | n/a | n/a |
| Lotes 3533.TW | Taiwan | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% | +14.3% |
| Dynamic Electronics 603175.SS | China | $5.37B | -15% | +15% | 5% | n/a | n/a | n/a |