Loading…
China-Japan joint-venture maker of electronic components (relays/connectors); specific line not fully established.
China-Japan joint-venture maker of electronic components (relays/connectors); specific line not fully established.
Moat: none
Headquarters: Suzhou, China · Employees: 874
Size Suzhou K-Hiragawa Electronic Technology (603052.SS) is a China Information Technology company (Electronic Production Equipment) with a market value of $1.03B, the 2242nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥36.62 on 6 Nov 2026.
Performance Over six months the shares fell 55.0%, against -17.6% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 6.7% over the last twelve months (peer median +8.8%); the operating margin is -9.5% (peer median 4.9%).
Valuation It trades at 7.3× enterprise value to sales against a peer median of 4.8× (5th most expensive of 21).
Capital Return on invested capital runs 15.0 points below its cost of capital (11.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥953M | CN¥923M | CN¥781M | CN¥721M | CN¥901M |
| Revenue growth | — | +18% | +8% | -20% | — |
| Gross profit | CN¥71.4M | CN¥108M | CN¥135M | CN¥150M | CN¥238M |
| EBITDA | n/a | CN¥37.8M | CN¥70.7M | CN¥91.6M | CN¥176M |
| Net income | -CN¥60.7M | CN¥15.8M | CN¥66.4M | CN¥95.3M | CN¥158M |
| Free cash flow | -CN¥105M | -CN¥84.8M | -CN¥168M | CN¥144M | CN¥2.11M |
| Capital expenditure | CN¥87.9M | CN¥161M | CN¥362M | CN¥62.5M | CN¥26.4M |
| Total debt | CN¥445M | CN¥328M | CN¥286M | CN¥246M | CN¥217M |
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.
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 | 603052.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.1% | -20.6% | 10th lowest of 21 |
| 6-month return | -55.0% | -17.6% | lowest of 21 |
| Distance from 52-week high | -69.6% | -52.4% | lowest of 21 |
| Revenue growth (TTM) | +6.7% | +8.8% | 9th lowest of 21 |
| Operating margin | -9.5% | 4.9% | 4th lowest of 21 |
| EV / Sales | 7.3× | 4.8× | 5th most expensive of 21 |
| ROIC minus cost of capital | -15.0 pp | -4.4 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Suzhou K-Hiragawa Electronic Technology 603052.SS | China | $1.03B | -55% | +7% | -10% | 7.3× | n/a | n/a |
| LX Technology 2436.HK | Hong Kong | $1.02B | +37% | -4% | 4% | 3.4× | n/a | n/a |
| I-Chiun Precision Industry 2486.TW | Taiwan | $1.05B | -53% | +25% | 7% | 4.6× | n/a | n/a |
| Shenzhen AV-Display 300939.SZ | China | $1.07B | +54% | +5% | 3% | 5.0× | n/a | n/a |
| TES 095610.KS | South Korea | $982M | -7% | +33% | 17% | 2.9× | 14.5% | +7.4% |
| Nanjing Wavelength Opto-Electronic Science and Technology 301421.SZ | China | $980M | -46% | +8% | 7% | 12.5× | n/a | n/a |
| Shenzhen Laibao Hi-Tech 002106.SZ | China | $962M | -13% | -12% | 4% | 1.4× | n/a | n/a |
| Harbin Xinguang Optic-Electronics Technology 688011.SS | China | $1.11B | +17% | +14% | -42% | 42.7× | n/a | n/a |
| Chengdu RML Technology 301050.SZ | China | $927M | -37% | -81% | -128% | 31.7× | 21.4% | +16.9% |
| Guangdong Suqun New Material 301489.SZ | China | $1.16B | -54% | +24% | 8% | 6.7× | n/a | n/a |
| Hangzhou Sunrise Technology 300360.SZ | China | $919M | -20% | -17% | 19% | 2.5× | -1.6% | +9.0% |
| Dongjin Semichem 005290.KS | South Korea | $1.18B | -44% | -4% | 16% | 1.2× | -4.4% | +5.0% |
| Shenzhen Fenda Technology 002681.SZ | China | $1.19B | -15% | +7% | -1% | 3.0× | 27.1% | -5.2% |
| Mitsui High-Tec 6966.T | Japan | $892M | +20% | +10% | 8% | 0.8× | n/a | n/a |
| Fuman Microelectronics 300671.SZ | China | $1.21B | -22% | +71% | 3% | 6.4× | n/a | n/a |
| Scanfil SCANFL.HE | Finland | $877M | -7% | +19% | 6% | 1.0× | 6.9% | +6.0% |
| Aurora Optoelectronics 600666.SS | China | $1.22B | -44% | +44% | -15% | 13.6× | 35.2% | -1.9% |
| WindSun Science & Technology 688663.SS | China | $1.23B | -14% | -9% | 3% | 4.2× | 48.5% | +18.9% |
| Maxvision Technology 002990.SZ | China | $1.26B | -39% | +36% | 14% | 6.6× | n/a | n/a |
| Shenzhen Hui Chuang Da Technology 300909.SZ | China | $1.26B | +4% | +3% | 2% | 5.6× | n/a | n/a |
| Grand Process Technology 3131.TWO | Taiwan | $1.27B | -51% | +38% | 22% | 5.5× | 13.0% | +21.2% |