Employees: 983
Size MeiG Smart Technology (3268.HK) is a Hong Kong Information Technology company (Telecommunications Equipment) with a market value of $628M, the 703rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$16.28 on 6 Nov 2026.
Performance Over six months the shares fell 29.7%, against -26.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 31.1% over the last twelve months (peer median +11.8%); the operating margin is 7.2% (peer median -1.8%).
Valuation It trades at 16.2× forward earnings against a peer median of 36.8× (4th cheapest of 11).
Capital Return on invested capital runs 3.6 points above its cost of capital (7.8% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$5.07B | HK$4.06B | HK$3.18B | HK$2.37B | HK$2.68B |
| Revenue growth | — | +27% | +34% | -12% | — |
| Gross profit | HK$920M | HK$534M | HK$505M | HK$418M | HK$452M |
| EBITDA | n/a | HK$215M | HK$234M | HK$106M | HK$177M |
| Net income | HK$248M | HK$155M | HK$147M | HK$71.3M | HK$149M |
| Free cash flow | -HK$336M | -HK$27.7M | -HK$171M | -HK$132M | -HK$34.5M |
| Capital expenditure | HK$67.9M | HK$50.0M | HK$29.8M | HK$97.7M | HK$71.5M |
| Total debt | HK$889M | HK$486M | HK$425M | HK$74.2M | HK$529M |
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 | 3268.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.8% | -11.6% | 10th highest of 21 |
| 6-month return | -29.7% | -26.6% | 10th lowest of 21 |
| Distance from 52-week high | -52.5% | -50.1% | 9th lowest of 21 |
| Revenue growth (TTM) | +31.1% | +11.8% | 8th highest of 21 |
| Operating margin | 7.2% | -1.8% | 5th highest of 21 |
| Forward P/E | 16.2× | 36.8× | 4th cheapest of 11 |
| ROIC minus cost of capital | +3.6 pp | -5.9 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| MeiG Smart Technology 3268.HK | Hong Kong | $628M | -30% | +31% | 7% | 16.2× | n/a | n/a |
| Zhejiang Shengyang Science & Technology 603703.SS | China | $624M | -26% | +38% | -3% | n/a | n/a | n/a |
| Beijing Jiaxun Feihong Electrical 300213.SZ | China | $634M | -15% | -9% | -17% | 33.9× | 20.0% | -2.1% |
| Guangzhou Hi-Target Navigation Tech 300177.SZ | China | $635M | -30% | -25% | -32% | n/a | 25.8% | -10.6% |
| Queclink Wireless Solutions 300590.SZ | China | $619M | -39% | +37% | 9% | 35.7× | n/a | n/a |
| Chengdu M&S Electronics Technology 688311.SS | China | $618M | -32% | +66% | -22% | 52.3× | n/a | n/a |
| Filtronic FTC.L | United Kingdom | $639M | -41% | -1% | 7% | 72.5× | 59.4% | +29.0% |
| GHT 300711.SZ | China | $650M | -26% | +29% | 14% | n/a | n/a | n/a |
| Sercomm 5388.TW | Taiwan | $591M | -19% | +34% | 3% | 9.3× | n/a | n/a |
| Frequency Electronics FEIM | United States | $679M | +3% | +6% | 8% | 51.7× | n/a | n/a |
| Sichuan Tianyi Comheart Telecom 300504.SZ | China | $685M | -1% | +17% | 3% | n/a | n/a | n/a |
| Tatwah Smartech 002512.SZ | China | $567M | -16% | +32% | 0% | n/a | 36.0% | -2.6% |
| Suzhou Shijia Science & Technology 002796.SZ | China | $696M | -67% | -4% | -7% | n/a | 38.8% | -10.4% |
| Creotech Instruments CRI.WA | Poland | $697M | +15% | +96% | 11% | 85.5× | n/a | n/a |
| H&R Century Union 000892.SZ | China | $699M | -4% | +21% | -52% | n/a | n/a | n/a |
| TPK 3673.TW | Taiwan | $701M | -9% | +1% | 0% | 12.5× | -14.1% | -11.3% |
| Gilat Satellite Networks GILT | United States | $554M | -63% | +39% | 5% | 12.1× | n/a | n/a |
| Beijing UniStrong Science & Technology 002383.SZ | China | $712M | -30% | -1% | -15% | n/a | n/a | n/a |
| Suzhou Keda Technology 603660.SS | China | $713M | -31% | -32% | -59% | n/a | n/a | n/a |
| Invengo Information Technology 002161.SZ | China | $538M | -27% | -2% | -19% | 37.9× | 26.0% | +4.9% |
| ShenZhen Consys Science & Technology 688788.SS | China | $746M | -41% | -22% | -173% | n/a | n/a | n/a |