Chinese fintech providing real-time data infrastructure and risk/compliance analytics software for asset managers.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$2.29B | HK$1.39B | HK$685M | HK$586M | HK$335M |
| Revenue growth | — | +103% | +17% | +75% | — |
| Gross profit | HK$1.38B | HK$859M | HK$516M | HK$461M | HK$259M |
| EBITDA | -HK$16.1M | -HK$169M | -HK$99.7M | -HK$75.2M | -HK$118M |
| Net income | HK$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 expenditure | HK$434M | HK$431M | HK$44.6M | HK$4.40M | HK$8.54M |
| Total debt | n/a | HK$86.6M | HK$57.2M | HK$63.7M | HK$31.8M |
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 |
|---|---|---|---|---|---|---|
| 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% |
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 | 3317.HK | Peer median | Rank 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/E | 200.1× | 19.1× | most expensive of 12 |
| ROIC minus cost of capital | -7.8 pp | -7.7 pp | 10th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Xunce Technology 3317.HK | Hong Kong | $1.93B | -79% | +287% | -3% | 200.1× | n/a | n/a |
| Bitdeer Technologies BTDR | United States | $1.63B | -55% | +128% | -30% | n/a | n/a | n/a |
| DXC Technology DXC | United States | $2.31B | +58% | -3% | 1% | 5.8× | 3.2% | -6.5% |
| ChronoScale CHRN | United States | $1.57B | -31% | +190% | -68% | n/a | n/a | n/a |
| Csquare CSQR | United States | $2.39B | n/a | +9% | 10% | n/a | n/a | n/a |
| JMDC 4483.T | Japan | $1.52B | +10% | +19% | 20% | 31.9× | 19.7% | +24.6% |
| Sunevision 1686.HK | Hong Kong | $2.46B | -29% | +6% | 52% | 14.3× | 10.9% | +10.7% |
| Suncorporation 6736.T | Japan | $1.49B | +22% | -11% | 1% | n/a | n/a | n/a |
| Kingsoft Cloud 3896.HK | Hong Kong | $2.54B | -47% | +35% | -3% | n/a | n/a | n/a |
| HawkEye 360 HAWK | United States | $1.45B | -55% | +88% | -8% | n/a | n/a | n/a |
| Ionic Digital IOND | United States | $2.68B | n/a | -8% | -44% | 28.0× | n/a | n/a |
| Beijing Sinnet Technology 300383.SZ | China | $2.70B | -37% | -2% | -11% | 149.7× | 46.5% | -0.7% |
| Tgs TGS.OL | Norway | $2.73B | -13% | -30% | 12% | 16.3× | 5.5% | +36.2% |
| Megaport MP1.AX | Australia | $2.80B | +86% | +37% | -10% | 99.5× | n/a | n/a |
| Capitalonline Data Service 300846.SZ | China | $1.28B | -37% | 0% | -7% | n/a | n/a | n/a |
| Innodata INOD | United States | $1.27B | -56% | +39% | 17% | 37.3× | 15.9% | +34.0% |
| Cipher Digital CIFR | United States | $2.99B | -68% | -29% | -172% | n/a | n/a | n/a |
| ASrock Rack 7711.TW | Taiwan | $1.23B | +35% | +183% | 10% | 15.3× | 7.5% | +42.1% |
| Rendong 002647.SZ | China | $1.20B | -43% | +6% | 6% | 19.1× | 42.3% | -17.2% |
| Keel Infrastructure KEEL | United States | $1.15B | -53% | -23% | -121% | n/a | n/a | n/a |
| Liberty Capital GLIBA | United States | $1.06B | -2% | +13% | 13% | 8.0× | 0.8% | +113.1% |