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Chinese telecom-equipment maker of optical transmission and wireless network equipment for carriers.
Chinese telecom-equipment maker of optical transmission and wireless network equipment for carriers.
Moat: none (scale). Faces intense competition from larger vendors like Huawei and ZTE in carrier equipment.
Headquarters: Hangzhou, China · Employees: 1,814
Size Eastern Communications (600776.SS) is a China Information Technology company (Telecommunications Equipment) with a market value of $1.72B, the 1437th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.11 on 6 Nov 2026.
Performance Over six months the shares fell 33.1%, against -20.1% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue grew 7.4% over the last twelve months (peer median +13.9%); the operating margin is -4.6% (peer median 2.9%).
Valuation It trades at 3.5× enterprise value to sales against a peer median of 2.7× (7th most expensive of 21).
Capital Return on invested capital runs 13.5 points below its cost of capital (10.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.73B | CN¥2.47B | CN¥2.89B | CN¥2.93B | CN¥3.22B |
| Revenue growth | — | -14% | -1% | -9% | — |
| Gross profit | CN¥282M | CN¥208M | CN¥236M | CN¥301M | CN¥320M |
| EBITDA | n/a | -CN¥53.5M | -CN¥78.9M | CN¥14.1M | CN¥30.2M |
| Net income | CN¥256M | CN¥358M | CN¥151M | CN¥153M | CN¥135M |
| Free cash flow | -CN¥258M | CN¥107M | -CN¥48.7M | -CN¥14.6M | CN¥194M |
| Capital expenditure | CN¥125M | CN¥21.6M | CN¥87.9M | CN¥137M | CN¥92.0M |
| Total debt | CN¥94.7M | CN¥141M | CN¥112M | CN¥125M | CN¥10.3M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Eastern Communications 600776.SS | $1.72B | -33% | +7% | -5% | 3.5× | n/a |
| ZTE 000063.SZ | $19.0B | -23% | +14% | 1% | 1.2× | 19.0% |
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 | 600776.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.6% | -5.7% | 9th lowest of 21 |
| 6-month return | -33.1% | -20.1% | 6th lowest of 20 |
| Distance from 52-week high | -59.0% | -44.8% | 5th lowest of 21 |
| Revenue growth (TTM) | +7.4% | +13.9% | 9th lowest of 21 |
| Operating margin | -4.6% | 2.9% | 5th lowest of 21 |
| EV / Sales | 3.5× | 2.7× | 7th most expensive of 21 |
| ROIC minus cost of capital | -13.5 pp | -2.2 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Eastern Communications 600776.SS | China | $1.72B | -33% | +7% | -5% | 3.5× | n/a | n/a |
| Beijing Tricolor Technology 603516.SS | China | $1.72B | -60% | -11% | -20% | 33.8× | n/a | n/a |
| FS.COM 3355.HK | Hong Kong | $1.63B | -27% | +14% | 23% | 3.0× | -11.0% | +19.4% |
| Shenzhen SDMC Technology 0901.HK | Hong Kong | $1.61B | n/a | +33% | 10% | 2.9× | n/a | n/a |
| Wuhan Yangtze Communication Industry 600345.SS | China | $1.85B | -23% | +13% | -8% | 11.2× | n/a | n/a |
| Skyworth Digital 000810.SZ | China | $1.85B | -15% | +28% | 1% | 1.4× | n/a | n/a |
| Fibocom Wireless 300638.SZ | China | $1.88B | -10% | +3% | 2% | 1.7× | n/a | n/a |
| Calix CALX | United States | $1.89B | -29% | +23% | 5% | 1.5× | 23.1% | +13.1% |
| MeiG Smart Technology 002881.SZ | China | $1.92B | +8% | +24% | 7% | 2.8× | n/a | n/a |
| Shanghai Longcheer Technology 9611.HK | Hong Kong | $1.97B | -14% | +7% | 0% | 0.5× | n/a | n/a |
| CITIC Guoan Information Industry 000839.SZ | China | $1.45B | -17% | +14% | 7% | 2.9× | 11.3% | +7.0% |
| Shenzhen KTC Technology 001308.SZ | China | $2.09B | +3% | 0% | 3% | 1.2× | n/a | n/a |
| Furuno Electric 6814.T | Japan | $1.42B | -1% | +14% | 13% | 1.4× | 7.4% | +11.3% |
| Shenzhen Gongjin Electronics 603118.SS | China | $1.42B | -18% | +21% | 2% | 1.0× | n/a | n/a |
| Hanwha Vision 489790.KS | South Korea | $1.41B | -56% | +20% | 11% | 0.9× | n/a | n/a |
| Tianjin 712 Communication & Broadcasting 603712.SS | China | $1.41B | -25% | +27% | -17% | 5.0× | n/a | n/a |
| Tongyu Communication 002792.SZ | China | $2.12B | -38% | +2% | -4% | 11.0× | n/a | n/a |
| Hytera Communications 002583.SZ | China | $2.17B | -20% | +4% | 7% | 2.6× | n/a | n/a |
| Hwa Create 300045.SZ | China | $1.35B | -39% | -7% | -20% | 14.5× | n/a | n/a |
| Zhejiang Chengchang Technology 001270.SZ | China | $1.34B | -37% | -1% | 27% | 20.9× | 44.0% | +18.3% |
| Arlo Technologies ARLO | United States | $1.33B | -19% | +16% | 3% | 2.0× | 32.6% | +8.2% |