Who are Nanjing Panda Electronics's main competitors?

Named competitors: ZTE (000063.SZ). The cockpit's measured peer set (industry) also includes Huizhou Speed Wireless Technology (300322.SZ), santec (6777.T), Invisio (IVSO.ST), Sumavision Technologies (300079.SZ), Synspective (290A.T), Harmonic (HLIT).

Is Nanjing Panda Electronics expensive compared with its peers?

On ev / sales it trades at 1.9× against a peer median of 4.5×, 3rd cheapest of 21 in its peer set.

How has Nanjing Panda Electronics stock performed?

Over six months to 6 Nov 2026 the shares returned -27.3% against -25.4% for the median peer; over one year -22.1%.

← CockpitCompetitor Analysis › 600775.SS Nanjing Panda Electronics Company Limited Class AOpen in the cockpit ↗

Nanjing Panda Electronics Company Limited Class A600775.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Telecommunications Equipment

Nanjing-based, state-owned electronics maker (Panda brand) producing defense, telecom and consumer electronics equipment.

≈ A state-owned Chinese defense/telecom electronics makerMomentum neutral 44

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$992M

US dollars, full cap

Free float

64%

of shares outstanding

$/day

$17.4M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-13.8 pp

WACC 9.6%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥8.98

1D-2.3%

1W+1.6%

1M-4.9%

3M-7.9%

6M-27.3%

YTD-26.5%

1Y-22.1%

ATR %4.1%

52w lowhigh55.2% off high

What Nanjing Panda Electronics does

Nanjing-based, state-owned electronics maker (Panda brand) producing defense, telecom and consumer electronics equipment.

In one line: A state-owned Chinese defense/telecom electronics maker.

Products and services

Defense/military electronics
Telecom transmission equipment
Consumer electronics (Panda brand)

Customers

Chinese military/government agencies
Telecom carriers

Where it sits in the supply chain

Information Technology
Telecom & defense equipment
Panda-brand electronics

What could go right

Defense/military electronics spending

What could go wrong

Reliant on government contracts
Thin consumer-electronics margins

Moat: narrow (regulatory licence, brand). State-owned defense-electronics qualification and the legacy Panda brand limit competition.

Headquarters: Nanjing, China · Founded: 1936 · Employees: 2,291

Named competitors

ZTE 000063.SZ

Nanjing Panda Electronics at a glance

Size Nanjing Panda Electronics (600775.SS) is a China Information Technology company (Telecommunications Equipment) with a market value of $992M, the 2311th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.98 on 6 Nov 2026.

Performance Over six months the shares fell 27.3%, against -25.4% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 29.8% over the last twelve months (peer median +5.6%); the operating margin is -6.9% (peer median -1.1%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 4.5× (3rd cheapest of 21).

Capital Return on invested capital runs 13.8 points below its cost of capital (9.6% WACC).

Relative performance

Six months, rebased to 100: Nanjing Panda Electronics against the median of its 20 peers (local-currency closes).

Nanjing Panda Electronics financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥3.06B	CN¥2.48B	CN¥2.62B	CN¥2.89B	CN¥4.13B
Revenue growth	—	-5%	-9%	-30%	—
Gross profit	CN¥481M	CN¥331M	CN¥360M	CN¥451M	CN¥508M
EBITDA	n/a	-CN¥194M	-CN¥148M	CN¥80.1M	CN¥115M
Net income	CN¥67.1M	CN¥10.7M	-CN¥189M	-CN¥238M	CN¥39.9M
Free cash flow	-CN¥184M	CN¥54.5M	-CN¥230M	-CN¥4.90M	CN¥204M
Capital expenditure	CN¥38.2M	CN¥47.1M	CN¥37.8M	CN¥13.8M	CN¥20.5M
Total debt	CN¥130M	CN¥152M	CN¥221M	CN¥179M	CN¥164M

Quarterly statements and history in the cockpit →

Nanjing Panda Electronics 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

Up and to the right = strong over both horizons. Nanjing Panda Electronics is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nanjing Panda Electronics is the large dot.

Nanjing Panda Electronics competitors and peer comparison

Head to head with its named competitors (600775.SS vs 000063.SZ)
Company	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g
Nanjing Panda Electronics 600775.SS	$992M	-27%	+30%	-7%	1.9×	n/a
ZTE 000063.SZ	$19.0B	-23%	+14%	1%	1.2×	19.0%

How Nanjing Panda Electronics 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.

Nanjing Panda Electronics against its 20 peers (data as of 6 Nov 2026)
Measure	600775.SS	Peer median	Rank in peer set
1-month return	-4.9%	-8.0%	6th highest of 20
6-month return	-27.3%	-25.4%	9th lowest of 20
Distance from 52-week high	-55.2%	-46.2%	7th lowest of 20
Revenue growth (TTM)	+29.8%	+5.6%	5th highest of 21
Operating margin	-6.9%	-1.1%	9th lowest of 21
EV / Sales	1.9×	4.5×	3rd cheapest of 21
ROIC minus cost of capital	-13.8 pp	-7.4 pp	5th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Nanjing Panda Electronics 600775.SS	China	$992M	-27%	+30%	-7%	1.9×	n/a	n/a
Huizhou Speed Wireless Technology 300322.SZ	China	$991M	-52%	+25%	3%	2.5×	n/a	n/a
santec 6777.T	Japan	$984M	-53%	+45%	33%	4.1×	23.5%	+33.2%
Invisio IVSO.ST	Sweden	$1.00B	-15%	+24%	18%	4.7×	13.2%	+26.7%
Sumavision Technologies 300079.SZ	China	$1.01B	-14%	-6%	-8%	6.4×	n/a	n/a
Synspective 290A.T	Japan	$950M	-16%	+5%	-196%	52.6×	n/a	n/a
Harmonic HLIT	United States	$1.04B	-26%	-21%	15%	1.9×	10.0%	-1.0%
Flaircomm Microelectronics 301600.SZ	China	$1.04B	-35%	+19%	9%	5.2×	27.2%	+29.1%
Tozed Kangwei Tech 301718.SZ	China	$1.05B	n/a	+43%	5%	4.3×	n/a	n/a
Shenzhen Infinova 002528.SZ	China	$1.06B	+23%	-29%	-77%	18.6×	n/a	n/a
Chengdu CORPRO Technology 300101.SZ	China	$1.07B	-35%	-25%	-18%	10.6×	n/a	n/a
Wuhan Fingu Electronic Technology 002194.SZ	China	$914M	-19%	-9%	-2%	3.6×	n/a	n/a
Chengdu Spaceon Electronics 002935.SZ	China	$909M	-37%	+1%	5%	6.4×	49.9%	+1.3%
Arcadyan Technology 3596.TW	Taiwan	$900M	-17%	+6%	6%	0.4×	n/a	n/a
HTC 2498.TW	Taiwan	$885M	-15%	-8%	-78%	6.0×	n/a	n/a
Astroscale 186A.T	Japan	$865M	-25%	+70%	-275%	22.4×	n/a	n/a
Shenzhen Phoenix Telecom Technology 301191.SZ	China	$854M	-42%	+30%	0%	2.5×	n/a	n/a
Anhui Tatfook Technology 300134.SZ	China	$852M	-32%	+14%	-14%	2.3×	n/a	n/a
Hubei Jiuzhiyang Infrared System 300516.SZ	China	$1.18B	-15%	-7%	-8%	12.7×	20.4%	-1.0%
Adtran Networks ADV.DE	Germany	$1.21B	-10%	+15%	-3%	2.1×	-2.7%	-3.1%
Vistance Networks VISN	United States	$1.27B	-35%	-38%	12%	0.4×	-4.6%	-25.5%

Questions

Who are Nanjing Panda Electronics's main competitors?: Named competitors: ZTE (000063.SZ). The cockpit's measured peer set (industry) also includes Huizhou Speed Wireless Technology (300322.SZ), santec (6777.T), Invisio (IVSO.ST), Sumavision Technologies (300079.SZ), Synspective (290A.T), Harmonic (HLIT).
Is Nanjing Panda Electronics expensive compared with its peers?: On ev / sales it trades at 1.9× against a peer median of 4.5×, 3rd cheapest of 21 in its peer set.
How has Nanjing Panda Electronics stock performed?: Over six months to 6 Nov 2026 the shares returned -27.3% against -25.4% for the median peer; over one year -22.1%.