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Employees: 8,875
Size Bestlink Technologies (603206.SS) is a China Information Technology company (Information Technology Services) with a market value of $598M, the 3428th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.06 on 6 Nov 2026.
Performance Over six months the shares fell 21.3%, against -6.4% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 9.9% over the last twelve months (peer median +13.4%); the operating margin is 1.0% (peer median -2.2%).
Valuation It trades at 1.1× enterprise value to sales against a peer median of 4.7× (3rd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is +17 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.4 points below its cost of capital (5.9% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.56B | CN¥4.66B | CN¥4.46B | CN¥4.33B | CN¥3.92B |
| Revenue growth | — | +5% | +3% | +11% | — |
| Gross profit | CN¥561M | CN¥534M | CN¥568M | CN¥625M | CN¥575M |
| EBITDA | n/a | CN¥89.1M | CN¥106M | CN¥227M | CN¥256M |
| Net income | CN¥35.7M | CN¥53.2M | CN¥69.4M | CN¥186M | CN¥214M |
| Free cash flow | CN¥156M | CN¥414M | -CN¥989M | CN¥81.5M | -CN¥305M |
| Capital expenditure | CN¥26.9M | CN¥41.2M | CN¥22.8M | CN¥11.6M | CN¥13.9M |
| Total debt | CN¥1.75B | CN¥1.91B | CN¥1.69B | CN¥1.18B | CN¥282M |
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 | 603206.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.9% | -1.9% | 11th highest of 21 |
| 6-month return | -21.3% | -6.4% | 4th lowest of 21 |
| Distance from 52-week high | -43.5% | -29.5% | 5th lowest of 21 |
| Revenue growth (TTM) | +9.9% | +13.4% | 11th highest of 21 |
| Operating margin | 1.0% | -2.2% | 10th highest of 21 |
| EV / Sales | 1.1× | 4.7× | 3rd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 26.9% | 10.7% | 4th most demanding of 11 |
| Growth delivered (Del g) | +9.9% | +8.3% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | +17.0 pp | -2.6 pp | 4th most demanding of 11 |
| ROIC minus cost of capital | -4.4 pp | -4.0 pp | 10th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Bestlink Technologies 603206.SS | China | $598M | -21% | +10% | 1% | 1.1× | 26.9% | +9.9% |
| baudroie,inc 4413.T | Japan | $600M | +48% | +49% | 18% | 4.4× | 8.4% | +41.4% |
| Bright Oceans Inter-Telecom 600289.SS | China | $588M | 0% | +231% | -36% | 3.5× | n/a | n/a |
| Beijing Advanced Digital Technology 300541.SZ | China | $575M | -26% | +24% | 1% | 1.4× | n/a | n/a |
| Mensch und Maschine Software MUM.DE | Germany | $627M | -5% | +8% | 19% | 2.2× | 0.6% | -0.4% |
| Anhui Ronds Science & Technology 688768.SS | China | $629M | +16% | -5% | -5% | 7.1× | n/a | n/a |
| Chaince Digital CD | United States | $567M | -18% | +278% | -177% | 280.5× | n/a | n/a |
| SI-TECH Information Technology 300608.SZ | China | $558M | -29% | -18% | -25% | 6.0× | 30.5% | -3.8% |
| Xunfei Healthcare Technology 2506.HK | Hong Kong | $641M | -17% | +25% | -7% | 4.6× | n/a | n/a |
| Beijing Vastdata Technology 603138.SS | China | $642M | -19% | +18% | -25% | 8.3× | n/a | n/a |
| Daheng New Epoch Technology 600288.SS | China | $644M | -35% | -3% | 11% | 2.0× | n/a | n/a |
| YLZ Information Technology 300096.SZ | China | $555M | -5% | +3% | -6% | 6.8× | n/a | n/a |
| Shanghai Rychen Technologies 301273.SZ | China | $645M | +60% | -6% | -30% | 13.4× | n/a | n/a |
| Vercom VRC.WA | Poland | $656M | -3% | 0% | 24% | 5.1× | 13.1% | +32.2% |
| Zhuhai Comleader Information Science & Technology 688175.SS | China | $657M | -8% | -20% | -10% | 13.7× | 38.7% | -10.3% |
| Cancom COK.DE | Germany | $662M | -20% | -1% | 3% | 0.5× | 6.5% | +7.8% |
| Shenzhen Sunwin Intelligent 300044.SZ | China | $663M | -14% | +116% | -679% | 32.4× | n/a | n/a |
| Ronglian 002642.SZ | China | $664M | -13% | +18% | 1% | 2.3× | 43.6% | -7.1% |
| Sygnity SGN.WA | Poland | $538M | +16% | +27% | 26% | 4.7× | -2.8% | +8.8% |
| Shandong Teamgene Technology 603151.SS | China | $537M | +32% | +17% | 0% | 0.7× | 23.1% | +27.0% |
| VTEX VTEX | United States | $666M | +6% | +10% | 13% | 1.9× | 4.2% | +19.5% |