Shanghai-based ODM that designs and manufactures smartphones and smart devices for brand customers.
Shanghai-based ODM that designs and manufactures smartphones and smart devices for brand customers.
Paid per device for designing and assembling phones to brands' specifications, so the business is volume-driven and a few brand customers take much of the output. It also makes tablets, wearables and other smart devices.
In one line: A Chinese smartphone ODM, akin to a small Compal.
Moat: none (scale). Thin-margin contract design/manufacturing, similar to peers Wingtech and Huaqin.
Headquarters: Shanghai, China · Employees: 18,655
Size Shanghai Longcheer Technology (603341.SS) is a China Information Technology company (Telecommunications Equipment) with a market value of $2.12B, the 1194th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥37.56 on 6 Nov 2026.
Performance Over six months the shares gained 2.0%, against -28.2% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 19 in its peer set.
Growth Revenue grew 1.4% over the last twelve months (peer median +10.9%); the operating margin is -0.2% (peer median 4.0%).
Valuation It trades at 29.8× forward earnings against a peer median of 20.6× (4th most expensive of 12).
Capital Return on invested capital runs 3.4 points below its cost of capital (5.0% WACC).
Next results Next results expected around 4 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥43.4B | CN¥42.1B | CN¥46.3B | CN¥27.1B | CN¥29.3B |
| Revenue growth | — | -9% | +71% | -7% | — |
| Gross profit | CN¥4.22B | CN¥3.47B | CN¥2.59B | CN¥2.50B | CN¥2.34B |
| EBITDA | n/a | CN¥589M | CN¥433M | CN¥748M | CN¥733M |
| Net income | CN¥502M | CN¥585M | CN¥501M | CN¥605M | CN¥560M |
| Free cash flow | -CN¥458M | CN¥379M | CN¥370M | CN¥792M | CN¥405M |
| Capital expenditure | CN¥1.35B | CN¥982M | CN¥707M | CN¥679M | CN¥1.11B |
| Total debt | CN¥15.5B | CN¥12.4B | CN¥11.8B | CN¥5.73B | CN¥5.63B |
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 |
|---|---|---|---|---|---|---|
| Shanghai Longcheer Technology 603341.SS | $2.12B | +2% | +1% | 0% | 29.8× | n/a |
| Wingtech Technology 600745.SS | $2.26B | -59% | -93% | -30% | n/a | n/a |
| Shenzhen Transsion 688036.SS | $11.6B | +13% | -1% | 5% | 21.8× | n/a |
| BYD Electronic 0285.HK | $6.15B | -24% | +4% | 1% | 19.5× | -0.8% |
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 | 603341.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.6% | -9.4% | 5th highest of 21 |
| 6-month return | +2.0% | -28.2% | 4th highest of 19 |
| Distance from 52-week high | -29.9% | -51.2% | 6th highest of 21 |
| Revenue growth (TTM) | +1.4% | +10.9% | 7th lowest of 21 |
| Operating margin | -0.2% | 4.0% | 7th lowest of 21 |
| Forward P/E | 29.8× | 20.6× | 4th most expensive of 12 |
| ROIC minus cost of capital | -3.4 pp | -3.0 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai Longcheer Technology 603341.SS | China | $2.12B | +2% | +1% | 0% | 29.8× | n/a | n/a |
| Tongyu Communication 002792.SZ | China | $2.12B | -38% | +2% | -4% | 299.2× | n/a | n/a |
| Shenzhen KTC Technology 001308.SZ | China | $2.09B | +3% | 0% | 3% | 20.3× | n/a | n/a |
| Hytera Communications 002583.SZ | China | $2.17B | -20% | +4% | 7% | 19.4× | n/a | n/a |
| Wingtech Technology 600745.SS | China | $2.26B | -59% | -93% | -30% | n/a | n/a | n/a |
| Jushri Technologies 300762.SZ | China | $2.31B | -45% | -17% | -91% | n/a | n/a | n/a |
| MeiG Smart Technology 002881.SZ | China | $1.92B | +8% | +24% | 7% | 49.5× | n/a | n/a |
| Calix CALX | United States | $1.89B | -29% | +23% | 5% | 13.9× | 23.1% | +13.1% |
| Fibocom Wireless 0638.HK | Hong Kong | $1.89B | -48% | +9% | 2% | 16.3× | n/a | n/a |
| Wuhan Changjin Photonics Technology 688635.SS | China | $2.39B | n/a | +28% | 39% | n/a | n/a | n/a |
| Digi International DGII | United States | $2.40B | -4% | +20% | 15% | 20.6× | 20.5% | +9.0% |
| WNC 6285.TW | Taiwan | $2.41B | -29% | +30% | 5% | 10.8× | -0.5% | +12.0% |
| Skyworth Digital 000810.SZ | China | $1.85B | -15% | +28% | 1% | 23.0× | n/a | n/a |
| Wuhan Yangtze Communication Industry 600345.SS | China | $1.85B | -23% | +13% | -8% | n/a | n/a | n/a |
| Shanghai HuaCe Navigation Technology 300627.SZ | China | $2.44B | -35% | 0% | 13% | 21.0× | 18.6% | +21.3% |
| Beijing Tricolor Technology 603516.SS | China | $1.72B | -60% | -11% | -20% | 57.4× | n/a | n/a |
| Eastern Communications 600776.SS | China | $1.72B | -33% | +7% | -5% | n/a | n/a | n/a |
| GN Store Nord A/S GN.CO | Denmark | $2.70B | +30% | -26% | 3% | n/a | 18.5% | +4.7% |
| FS.COM 3355.HK | Hong Kong | $1.63B | -27% | +14% | 23% | n/a | -11.0% | +19.4% |
| Shenzhen SDMC Technology 0901.HK | Hong Kong | $1.61B | n/a | +33% | 10% | n/a | n/a | n/a |
| CITIC Guoan Information Industry 000839.SZ | China | $1.45B | -17% | +14% | 7% | n/a | 11.3% | +7.0% |