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← CockpitCompetitor Analysis › 603083.SS CIG Shanghai Co., Ltd. Class AOpen in the cockpit ↗

CIG Shanghai Co., Ltd. Class A603083.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Computer Communications

Maker of home/enterprise broadband access terminals (modems, routers), wireless small cells and CIG-brand optical transceiver modules.

≈ A Chinese Sercomm/Arris-type broadband CPE and optics makerMomentum laggard 2
Mkt cap
$4.33B
US dollars, full cap
Free float
86%
of shares outstanding
$/day
$479M
20-day average traded
Fwd P/E
22.9×
forward earnings
ROIC−WACC
-10.2 pp
WACC 16.2%
Hurdle
n/a
no reverse DCF
Next earnings
167 days
22 Apr 2027
Close · CNYCN¥104.81
1D-10.0%
1W-16.3%
1M-45.7%
3M-22.5%
6M-40.1%
YTD-22.0%
1Y-3.5%
ATR %12.6%
52w lowhigh60.2% off high

What CIG Shanghai does

Maker of home/enterprise broadband access terminals (modems, routers), wireless small cells and CIG-brand optical transceiver modules.

Builds to carriers' specifications as a design-and-manufacturing partner, selling broadband gateways and small cells in volume to telecom operators at thin margins, while optical transceivers sold under its own brand are the faster-growing line.

In one line: A Chinese Sercomm/Arris-type broadband CPE and optics maker.

Products and services

  • Broadband access terminals (CPE)
  • Wireless networks/small cells
  • Switches/industrial IoT hardware
  • Optical transceiver modules (CIG brand)

Customers

  • Telecom carriers
  • Network equipment OEMs (via co-development)

Where it sits in the supply chain

  • Information Technology
  • Computer Communications
  • Telecom access equipment and optical…

What could go right

  • Broadband/fiber upgrade cycles
  • Data-center optical module demand

What could go wrong

  • Carrier capex cyclicality
  • ODM margin pressure

Moat: narrow (scale, customer qualification). ODM-model carrier qualifications and rising CIG-brand optical module business add differentiation.

Headquarters: Shanghai, China · Founded: 1999 · Employees: 1,354

Named competitors

CIG Shanghai at a glance

Size CIG Shanghai (603083.SS) is a China Information Technology company (Computer Communications) with a market value of $4.33B, the 592nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥104.81 on 6 Nov 2026.

Performance Over six months the shares fell 40.1%, against +8.6% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 10 in its peer set.

Growth Revenue grew 40.0% over the last twelve months (peer median +6.3%); the operating margin is 11.2% (peer median 4.1%).

Valuation It trades at 22.9× forward earnings against a peer median of 20.3× (2nd most expensive of 7).

Capital Return on invested capital runs 10.2 points below its cost of capital (16.2% WACC).

Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026Peer median 109603083.SS 58
Six months, rebased to 100: CIG Shanghai against the median of its 9 peers (local-currency closes).

CIG Shanghai financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥5.49BCN¥4.82BCN¥3.65BCN¥3.09BCN¥3.79B
Revenue growth—+32%+18%-18%—
Gross profitCN¥1.28BCN¥891MCN¥595MCN¥501MCN¥555M
EBITDACN¥940MCN¥584MCN¥443MCN¥403MCN¥481M
Net incomeCN¥470MCN¥263MCN¥167MCN¥95.0MCN¥171M
Free cash flow-CN¥2.71B-CN¥1.43BCN¥262M-CN¥60.2M-CN¥123M
Capital expenditureCN¥1.32BCN¥958MCN¥307MCN¥203MCN¥180M
Total debtCN¥1.62BCN¥2.38BCN¥1.36BCN¥1.45BCN¥1.48B

Quarterly statements and history in the cockpit →

CIG Shanghai 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

-50%0%+50%-40%-20%0%DOKA68838724420023966744002960178320RDWR300951603083.SS6-month return →1-month return →
Up and to the right = strong over both horizons. CIG Shanghai is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%17.5×20×22.5×DOKA0023966744002960RDWR300951603083.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CIG Shanghai is the large dot.

CIG Shanghai competitors and peer comparison

Head to head with its named competitors (603083.SS vs 5388.TW vs 300308.SZ vs 300502.SZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
CIG Shanghai 603083.SS$4.33B-40%+40%11%22.9×n/a
Sercomm 5388.TW$591M-19%+34%3%9.3×n/a
Zhongji Innolight 300308.SZ$79.4B-48%+162%41%15.4×23.2%
Eoptolink Technology 300502.SZ$36.0B-54%+101%44%12.3×21.7%
Accelink Technologies 002281.SZ$10.8B-37%+32%11%42.6×n/a
Coherent COHR$38.0B-42%+23%14%16.6×n/a
Arcadyan Technology 3596.TW$900M-17%+6%6%9.8×n/a
Fiberhome Telecommunication Technologies 600498.SS$5.50B-42%+16%1%21.5×12.8%

How CIG Shanghai 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.

CIG Shanghai against its 9 peers (data as of 6 Nov 2026)
Measure603083.SSPeer medianRank in peer set
1-month return-45.7%+1.5%lowest of 10
6-month return-40.1%+8.6%3rd lowest of 10
Distance from 52-week high-60.2%-45.3%3rd lowest of 10
Revenue growth (TTM)+40.0%+6.3%highest of 10
Operating margin11.2%4.1%3rd highest of 10
Forward P/E22.9×20.3×2nd most expensive of 7
ROIC minus cost of capital-10.2 pp-3.7 pp3rd lowest of 10
EV / EBITDA28.8×9.2×2nd most expensive of 4
Net debt / EBITDA-1.9×-0.6×3rd least indebted of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
CIG Shanghai 603083.SSChina$4.33B-40%+40%11%22.9×n/an/a
dormakaba DOKA.SWSwitzerland$3.47B+28%-3%13%21.2×-9.3%+2.2%
CICT Mobile Communication Technology Co., Ltd.Class A 688387.SSChina$5.65B-44%-2%-7%n/an/an/a
Easy Smart 2442.HKHong Kong$2.72B+72%-33%-15%n/an/an/a
Fujian Star-Net Communication 002396.SZChina$2.61B+13%+18%4%19.3×n/an/a
Nohmi Bosai 6744.TJapan$1.58B0%+6%14%16.9×-4.4%+5.3%
Jade Bird Integrated Technologies 002960.SZChina$1.40B-12%-5%6%23.8×12.0%+13.2%
Seojin System 178320.KSSouth Korea$1.33B-52%+9%-5%n/an/an/a
Radware RDWRUnited States$1.26B+9%+11%4%22.0×32.4%+3.8%
Shenzhen BSC Technology 300951.SZChina$1.11B+33%+16%-5%19.3×n/an/a

Questions

Who are CIG Shanghai's main competitors?
Named competitors: Sercomm (5388.TW), Arris (CommScope) (private or unlisted), Innolight (Zhongji Innolight) (300308.SZ), Eoptolink Technology (300502.SZ), Accelink Technologies (002281.SZ), Coherent (COHR). The cockpit's measured peer set (industry) also includes dormakaba (DOKA.SW), CICT Mobile Communication Technology Co., Ltd.Class A (688387.SS), Easy Smart (2442.HK), Fujian Star-Net Communication (002396.SZ), Nohmi Bosai (6744.T), Jade Bird Integrated Technologies (002960.SZ).
Is CIG Shanghai expensive compared with its peers?
On forward p/e it trades at 22.9× against a peer median of 20.3×, 2nd most expensive of 7 in its peer set.
How has CIG Shanghai stock performed?
Over six months to 6 Nov 2026 the shares returned -40.1% against +8.6% for the median peer; over one year -3.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.