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← CockpitCompetitor Analysis › 3317.HK Shenzhen Xunce Technology Co., Ltd. Class HOpen in the cockpit ↗

Shenzhen Xunce Technology Co., Ltd. Class H3317.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Data Processing Services

Chinese fintech providing real-time data infrastructure and risk/compliance analytics software for asset managers.

≈ A Chinese buy-side data/risk platform, like Charles River DevelopmentMomentum laggard 1
Mkt cap
$1.93B
US dollars, full cap
Free float
49%
of shares outstanding
$/day
$11.7M
20-day average traded
Fwd P/E
200.1×
forward earnings
ROIC−WACC
-7.8 pp
WACC 5.3%
Hurdle
n/a
no reverse DCF
Next earnings
143 days
29 Mar 2027
Close · HKDHK$55.00
1D-6.4%
1W-3.5%
1M-39.0%
3M-58.3%
6M-79.0%
YTD+8.9%
1Yn/a
ATR %11.2%
52w lowhigh85.6% off high

What Shenzhen Xunce Technology does

Chinese fintech providing real-time data infrastructure and risk/compliance analytics software for asset managers.

In one line: A Chinese buy-side data/risk platform, like Charles River Development.

Products and services

  • VOne real-time data infrastructure
  • Risk management & compliance (COne)
  • Order execution/portfolio monitoring
  • Valuation services (TOne)

Customers

  • Chinese asset managers & institutional investors

Where it sits in the supply chain

  • Financial technology
  • Real-time market data infrastructure
  • Risk, compliance & order-execution…

What could go right

  • China asset management industry growth
  • International expansion of client base

What could go wrong

  • China securities/asset-management regulatory risk
  • Competition from established data vendors

Moat: narrow (switching costs, data, IP / patents). Embedded, mission-critical infrastructure across a client's trading/risk workflow raises switching costs.

Headquarters: Shenzhen, China · Founded: 2016 · Employees: 448

Named competitors

Shenzhen Xunce Technology at a glance

Size Shenzhen Xunce Technology (3317.HK) is a Hong Kong Information Technology company (Data Processing Services) with a market value of $1.93B, the 426th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$55.00 on 6 Nov 2026.

Performance Over six months the shares fell 79.0%, against -33.9% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 19 in its peer set.

Growth Revenue grew 287.5% over the last twelve months (peer median +7.4%); the operating margin is -3.1% (peer median -1.2%).

Valuation It trades at 200.1× forward earnings against a peer median of 19.1× (most expensive of 12).

Capital Return on invested capital runs 7.8 points below its cost of capital (5.3% WACC).

Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 653317.HK 22
Six months, rebased to 100: Shenzhen Xunce Technology against the median of its 20 peers (local-currency closes).

Shenzhen Xunce Technology financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$2.29BHK$1.39BHK$685MHK$586MHK$335M
Revenue growth—+103%+17%+75%—
Gross profitHK$1.38BHK$859MHK$516MHK$461MHK$259M
EBITDA-HK$16.1M-HK$169M-HK$99.7M-HK$75.2M-HK$118M
Net incomeHK$77.6M-HK$102M-HK$91.1M-HK$61.1M-HK$87.4M
Free cash flow-HK$1.14B-HK$519M-HK$231M-HK$220M-HK$219M
Capital expenditureHK$434MHK$431MHK$44.6MHK$4.40MHK$8.54M
Total debtn/aHK$86.6MHK$57.2MHK$63.7MHK$31.8M

Quarterly statements and history in the cockpit →

Shenzhen Xunce Technology 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

-50%0%+50%-50%-25%0%+25%BTDRDXCCHRN4483168667363896HAWK300383TGSMP1INODCIFR7711GLIBA3317.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Shenzhen Xunce Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%0×100×200×DXC44831686300383TGSMP1INOD7711GLIBA3317.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shenzhen Xunce Technology is the large dot.

Shenzhen Xunce Technology competitors and peer comparison

Head to head with its named competitors (3317.HK vs 300033.SZ vs FDS vs 600570.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shenzhen Xunce Technology 3317.HK$1.93B-79%+287%-3%200.1×n/a
Hithink RoyalFlush Information Network 300033.SZ$22.9B-14%+48%56%32.7×37.1%
FactSet FDS$11.6B+47%+7%31%16.7×n/a
Hundsun Technologies 600570.SS$6.05B-20%-5%9%30.1×34.8%
East Money Information 300059.SZ$44.5B-8%+16%76%19.7×15.1%

How Shenzhen Xunce Technology 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.

Shenzhen Xunce Technology against its 20 peers (data as of 6 Nov 2026)
Measure3317.HKPeer medianRank in peer set
1-month return-39.0%-11.4%6th lowest of 21
6-month return-79.0%-33.9%lowest of 19
Distance from 52-week high-85.6%-43.9%lowest of 21
Revenue growth (TTM)+287.5%+7.4%highest of 21
Operating margin-3.1%-1.2%11th highest of 21
Forward P/E200.1×19.1×most expensive of 12
ROIC minus cost of capital-7.8 pp-7.7 pp10th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Shenzhen Xunce Technology 3317.HKHong Kong$1.93B-79%+287%-3%200.1×n/an/a
Bitdeer Technologies BTDRUnited States$1.63B-55%+128%-30%n/an/an/a
DXC Technology DXCUnited States$2.31B+58%-3%1%5.8×3.2%-6.5%
ChronoScale CHRNUnited States$1.57B-31%+190%-68%n/an/an/a
Csquare CSQRUnited States$2.39Bn/a+9%10%n/an/an/a
JMDC 4483.TJapan$1.52B+10%+19%20%31.9×19.7%+24.6%
Sunevision 1686.HKHong Kong$2.46B-29%+6%52%14.3×10.9%+10.7%
Suncorporation 6736.TJapan$1.49B+22%-11%1%n/an/an/a
Kingsoft Cloud 3896.HKHong Kong$2.54B-47%+35%-3%n/an/an/a
HawkEye 360 HAWKUnited States$1.45B-55%+88%-8%n/an/an/a
Ionic Digital IONDUnited States$2.68Bn/a-8%-44%28.0×n/an/a
Beijing Sinnet Technology 300383.SZChina$2.70B-37%-2%-11%149.7×46.5%-0.7%
Tgs TGS.OLNorway$2.73B-13%-30%12%16.3×5.5%+36.2%
Megaport MP1.AXAustralia$2.80B+86%+37%-10%99.5×n/an/a
Capitalonline Data Service 300846.SZChina$1.28B-37%0%-7%n/an/an/a
Innodata INODUnited States$1.27B-56%+39%17%37.3×15.9%+34.0%
Cipher Digital CIFRUnited States$2.99B-68%-29%-172%n/an/an/a
ASrock Rack 7711.TWTaiwan$1.23B+35%+183%10%15.3×7.5%+42.1%
Rendong 002647.SZChina$1.20B-43%+6%6%19.1×42.3%-17.2%
Keel Infrastructure KEELUnited States$1.15B-53%-23%-121%n/an/an/a
Liberty Capital GLIBAUnited States$1.06B-2%+13%13%8.0×0.8%+113.1%

Questions

Who are Shenzhen Xunce Technology's main competitors?
Named competitors: Hithink RoyalFlush (300033.SZ), FactSet (FDS), Hundsun Technologies (600570.SS), East Money Information (300059.SZ). The cockpit's measured peer set (industry) also includes Bitdeer Technologies (BTDR), DXC Technology (DXC), ChronoScale (CHRN), Csquare (CSQR), JMDC (4483.T), Sunevision (1686.HK).
Is Shenzhen Xunce Technology expensive compared with its peers?
On forward p/e it trades at 200.1× against a peer median of 19.1×, most expensive of 12 in its peer set.
How has Shenzhen Xunce Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -79.0% against -33.9% for the median peer.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.