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Maker of fiscal tax-control devices, invoicing software and POS terminals for China's tax and retail systems.
Maker of fiscal tax-control devices, invoicing software and POS terminals for China's tax and retail systems.
Historically earned from selling government-mandated tax-control devices and annual service fees for them, but that line has been squeezed as invoicing moves online, so it leans more on IT system projects and distribution. It is controlled by the state group CASIC.
Moat: narrow (regulatory licence, installed base). Government-mandated tax-control device certification gives entrenched vendors an edge.
Headquarters: Beijing, China · Employees: 8,763
Size Aisino (600271.SS) is a China Information Technology company (Packaged Software) with a market value of $1.96B, the 1288th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.07 on 6 Nov 2026.
Performance Over six months the shares fell 15.9%, against -12.8% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue fell 12.0% over the last twelve months (peer median +12.0%); the operating margin is -24.1% (peer median 2.6%).
Valuation It trades at 26.2× forward earnings against a peer median of 44.4× (7th cheapest of 17).
Capital Return on invested capital runs 12.0 points below its cost of capital (7.1% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.39B | CN¥5.54B | CN¥8.28B | CN¥12.5B | CN¥19.3B |
| Revenue growth | — | -33% | -34% | -35% | — |
| Gross profit | CN¥870M | CN¥506M | CN¥1.46B | CN¥3.14B | CN¥4.58B |
| EBITDA | n/a | -CN¥414M | CN¥174M | CN¥1.20B | CN¥2.75B |
| Net income | -CN¥952M | -CN¥746M | CN¥16.0M | CN¥203M | CN¥1.08B |
| Free cash flow | CN¥21.8M | -CN¥747M | -CN¥738M | CN¥392M | CN¥1.34B |
| Capital expenditure | CN¥261M | CN¥376M | CN¥597M | CN¥644M | CN¥576M |
| Total debt | CN¥386M | CN¥510M | CN¥603M | CN¥976M | CN¥1.46B |
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 |
|---|---|---|---|---|---|---|
| Aisino 600271.SS | $1.96B | -16% | -12% | -24% | 26.2× | n/a |
| Servyou Software 603171.SS | $2.84B | -16% | +6% | 5% | 72.7× | 40.3% |
| PAX Global Technology 0327.HK | $444M | -21% | +10% | 16% | 4.0× | n/a |
| Newland Digital Technology 000997.SZ | $2.56B | -14% | +29% | 11% | 16.0× | 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 | 600271.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.6% | +6.3% | 11th highest of 21 |
| 6-month return | -15.9% | -12.8% | 10th lowest of 21 |
| Distance from 52-week high | -49.5% | -42.2% | 5th lowest of 21 |
| Revenue growth (TTM) | -12.0% | +12.0% | 2nd lowest of 21 |
| Operating margin | -24.1% | 2.6% | 6th lowest of 21 |
| Forward P/E | 26.2× | 44.4× | 7th cheapest of 17 |
| ROIC minus cost of capital | -12.0 pp | -5.9 pp | 7th lowest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Aisino 600271.SS | China | $1.96B | -16% | -12% | -24% | 26.2× | n/a | n/a |
| Ourpalm 300315.SZ | China | $1.96B | -3% | -5% | -65% | 125.6× | 55.8% | -17.0% |
| iReader Technology 603533.SS | China | $1.98B | +20% | +14% | -2% | 91.2× | 37.2% | +9.5% |
| Karooooo KARO | United States | $1.95B | +25% | +32% | 25% | 24.1× | 10.4% | +17.7% |
| Pine Labs PINELABS.NS | India | $1.98B | -19% | +50% | 7% | 79.2× | n/a | n/a |
| Planisware Societe anonyme PLNW.PA | France | $1.94B | +46% | +8% | 31% | 28.2× | 12.3% | +16.8% |
| Pony AI 2026.HK | Hong Kong | $1.93B | -56% | +67% | -214% | n/a | n/a | n/a |
| Tianyu Digital Technology 002354.SZ | China | $2.00B | +31% | +8% | -2% | 135.3× | 25.9% | +15.8% |
| Justsystems 4686.T | Japan | $2.01B | +33% | +10% | 44% | n/a | -6.3% | +4.6% |
| Zhejiang Jinke Tom Culture Industry 300459.SZ | China | $2.01B | -9% | -10% | -108% | n/a | 43.2% | -12.5% |
| China TransInfo Technology 002373.SZ | China | $1.89B | -11% | +16% | 1% | 39.7× | 22.0% | -2.7% |
| iFAST AIY.SI | Singapore | $1.89B | -10% | +35% | 24% | 18.6× | -11.6% | +24.8% |
| Business-Intelligence of Oriental Nations 300166.SZ | China | $1.88B | -27% | +7% | -5% | 94.1× | n/a | n/a |
| Mobvista Incorporation 1860.HK | Hong Kong | $2.05B | -43% | +26% | 4% | 19.6× | -1.1% | +31.9% |
| Zhejiang Digital Culture Technology 600633.SS | China | $2.06B | -15% | +14% | 10% | 20.8× | 15.4% | -2.8% |
| Shenzhen Intellifusion Technologies 688343.SS | China | $1.87B | -46% | -4% | -52% | n/a | n/a | n/a |
| ArcSoft 688088.SS | China | $1.87B | -26% | +10% | 12% | 49.1× | 41.3% | +6.2% |
| eToro ETOR | United States | $1.86B | -40% | +10% | 32% | 11.0× | -18.5% | +15.4% |
| UCloud Technology 688158.SS | China | $2.08B | -34% | +26% | 2% | 499.0× | n/a | n/a |
| Embracer EMBRAC-B.ST | Sweden | $2.08B | +37% | -31% | -43% | 16.4× | -9.8% | +12.0% |
| Hydsoft Technology 301316.SZ | China | $1.86B | -41% | +19% | 3% | 158.4× | 46.1% | +26.7% |