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Suzhou maker of automated assembly and inspection equipment for consumer electronics, notably Apple's supply chain, and semiconductors.
Suzhou maker of automated assembly and inspection equipment for consumer electronics, notably Apple's supply chain, and semiconductors.
Builds custom production-line machines for assembly and inspection, historically mostly for makers in Apple's supply chain, so orders follow customers' new-product build cycles. Since 2018 it has added semiconductor equipment, including defect-inspection tools for high-bandwidth memory chips, to reduce that dependence.
Moat: narrow (customer qualification, process know-how). Apple-qualified equipment supplier with custom automation know-how; reliant on a few big customers' capex cycles.
Headquarters: Suzhou, China · Employees: 6,771
Size Suzhou Secote Precision Electronic (603283.SS) is a China Industrials company (Industrial Machinery) with a market value of $1.92B, the 1309th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥36.58 on 6 Nov 2026.
Performance Over six months the shares fell 11.7%, against -3.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 18 in its peer set.
Growth Revenue grew 9.3% over the last twelve months (peer median +10.8%); the operating margin is 20.4% (peer median 12.1%).
Valuation It trades at 20.2× forward earnings against a peer median of 18.8× (7th most expensive of 18).
Capital Return on invested capital runs 3.0 points above its cost of capital (9.2% WACC).
Next results Next results expected around 4 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.70B | CN¥3.37B | CN¥4.02B | CN¥4.40B | CN¥2.91B |
| Revenue growth | — | -16% | -9% | +51% | — |
| Gross profit | CN¥1.70B | CN¥1.46B | CN¥1.66B | CN¥2.00B | CN¥1.11B |
| EBITDA | n/a | CN¥694M | CN¥709M | CN¥883M | CN¥388M |
| Net income | CN¥598M | CN¥485M | CN¥554M | CN¥687M | CN¥307M |
| Free cash flow | -CN¥82.8M | CN¥54.7M | -CN¥754M | CN¥1.01B | CN¥188M |
| Capital expenditure | CN¥171M | CN¥278M | CN¥355M | CN¥384M | CN¥170M |
| Total debt | CN¥1.67B | CN¥1.52B | CN¥1.53B | CN¥805M | CN¥1.51B |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Suzhou Secote Precision Electronic 603283.SS | $1.92B | -12% | +9% | 20% | 20.2× | n/a |
| Bozhon Precision Industry Technology 688097.SS | $3.00B | -23% | +74% | 7% | 23.6× | n/a |
| Suzhou HYC Technology 688001.SS | $2.59B | -31% | +19% | 6% | 61.1× | 37.6% |
| Wuhan Jingce Electronic 300567.SZ | $4.80B | -14% | +31% | 0% | 119.3× | n/a |
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 | 603283.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.6% | +0.5% | 10th lowest of 21 |
| 6-month return | -11.7% | -3.6% | 7th lowest of 18 |
| Distance from 52-week high | -58.8% | -24.5% | 3rd lowest of 21 |
| Revenue growth (TTM) | +9.3% | +10.8% | 10th lowest of 21 |
| Operating margin | 20.4% | 12.1% | 3rd highest of 21 |
| Forward P/E | 20.2× | 18.8× | 7th most expensive of 18 |
| ROIC minus cost of capital | +3.0 pp | +3.5 pp | 10th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |
| OSG 6136.T | Japan | $1.88B | -2% | +20% | 18% | 11.4× | 1.7% | +9.0% |
| ELGI Equipments ELGIEQUIP.NS | India | $1.87B | -1% | +16% | 13% | 35.0× | 30.6% | +15.5% |
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |
| Wuxi Rich Intelligent Equipment 301599.SZ | China | $1.87B | -54% | +9% | 13% | n/a | 31.2% | +9.2% |
| Makino Milling Machine 6135.T | Japan | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% | +17.5% |
| Enerpac Tool EPAC | United States | $1.99B | +9% | +6% | 20% | 18.8× | 3.8% | +4.3% |
| Kaishan 300257.SZ | China | $2.00B | -56% | +12% | 15% | 22.0× | n/a | n/a |
| Shenzhen Yinghe Technology 300457.SZ | China | $1.84B | -34% | +27% | 6% | 18.6× | 11.4% | +31.7% |
| Xi'an Shaangu Power 601369.SS | China | $2.00B | -22% | -5% | 7% | 18.2× | -11.1% | +3.2% |
| Xiangtan Electric Manufacturing 600416.SS | China | $1.83B | -33% | -3% | -2% | 414.0× | n/a | n/a |
| Systemair SYSR.ST | Sweden | $1.83B | +16% | +3% | 9% | 18.6× | 13.4% | +8.0% |
| Jiangxi Guoke Defence 688543.SS | China | $1.83B | -7% | +2% | 16% | 42.7× | n/a | n/a |
| Max 6454.T | Japan | $2.01B | +1% | +11% | 18% | 19.4× | 2.4% | +9.2% |
| Landis+Gyr LAND.SW | Switzerland | $2.01B | +17% | -22% | 25% | 21.5× | -10.2% | -5.7% |
| Direct Drive Tech 6731.HK | Hong Kong | $2.02B | n/a | +253% | -38% | n/a | n/a | n/a |
| Zhejiang Dun'an Artificial Environment 002011.SZ | China | $1.81B | -4% | +8% | 8% | 11.4× | -0.4% | +12.2% |