Which companies are Duolun Technology's closest peers?

The cockpit's peer set: Aubay (AUB.PA), Johnson Service (JSG.L), IPH (IPH.AX), Danyang Syngen Intelligent Technology (603007.SS), Ningbo Sinyuan ZM Technology (301398.SZ), Calian (CGY.TO), Suzhou Delphi Laser (688170.SS), Bengo4.com (6027.T).

Is Duolun Technology expensive compared with its peers?

On forward p/e it trades at 31.9× against a peer median of 16.0×, 5th most expensive of 16 in its peer set.

How has Duolun Technology stock performed?

Over six months to 6 Nov 2026 the shares returned -13.3% against +0.2% for the median peer; over one year -22.8%.

← CockpitCompetitor Analysis › 603528.SS Duolun Technology Corporation Ltd. Class AOpen in the cockpit ↗

Duolun Technology Corporation Ltd. Class A603528.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Miscellaneous Commercial Services

Momentum leader 85

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$706M

US dollars, full cap

Free float

41%

of shares outstanding

$/day

$73.5M

20-day average traded

Fwd P/E

31.9×

forward earnings

ROIC−WACC

-10.4 pp

WACC 5.8%

Hurdle

n/a

no reverse DCF

Next earnings

174 days

29 Apr 2027

Close · CNYCN¥6.69

1D-6.4%

1W-6.8%

1M+7.0%

3M+8.2%

6M-13.3%

YTD-30.8%

1Y-22.8%

ATR %8.4%

52w lowhigh42.2% off high

What Duolun Technology does

Employees: 1,511

Duolun Technology at a glance

Size Duolun Technology (603528.SS) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $706M, the 3040th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.69 on 6 Nov 2026.

Performance Over six months the shares fell 13.3%, against +0.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue fell 5.9% over the last twelve months (peer median +12.1%); the operating margin is -29.6% (peer median 6.1%).

Valuation It trades at 31.9× forward earnings against a peer median of 16.0× (5th most expensive of 16).

Capital Return on invested capital runs 10.4 points below its cost of capital (5.8% WACC).

Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Duolun Technology against the median of its 20 peers (local-currency closes).

Duolun Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥388M	CN¥398M	CN¥520M	CN¥528M	CN¥735M
Revenue growth	—	-23%	-2%	-28%	—
Gross profit	CN¥151M	CN¥104M	CN¥159M	CN¥131M	CN¥306M
EBITDA	n/a	-CN¥27.0M	CN¥22.5M	-CN¥2.87M	CN¥195M
Net income	-CN¥37.6M	-CN¥29.7M	CN¥6.32M	-CN¥232M	CN¥51.0M
Free cash flow	-CN¥34.6M	CN¥21.6M	CN¥28.0M	CN¥61.2M	CN¥160M
Capital expenditure	CN¥47.2M	CN¥31.7M	CN¥46.9M	CN¥25.8M	CN¥51.3M
Total debt	CN¥43.2M	CN¥49.9M	CN¥62.0M	CN¥96.9M	CN¥718M

Quarterly statements and history in the cockpit →

Duolun Technology 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

Up and to the right = strong over both horizons. Duolun Technology is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Duolun Technology is the large dot.

Duolun Technology competitors and peer comparison

How Duolun Technology 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.

Duolun Technology against its 20 peers (data as of 6 Nov 2026)
Measure	603528.SS	Peer median	Rank in peer set
1-month return	+7.0%	-1.1%	7th highest of 21
6-month return	-13.3%	+0.2%	8th lowest of 21
Distance from 52-week high	-42.2%	-27.1%	8th lowest of 21
Revenue growth (TTM)	-5.9%	+12.1%	3rd lowest of 21
Operating margin	-29.6%	6.1%	3rd lowest of 21
Forward P/E	31.9×	16.0×	5th most expensive of 16
ROIC minus cost of capital	-10.4 pp	-1.8 pp	6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Duolun Technology 603528.SS	China	$706M	-13%	-6%	-30%	31.9×	n/a	n/a
Aubay AUB.PA	France	$707M	-5%	+27%	9%	12.9×	2.5%	+7.1%
Johnson Service JSG.L	United Kingdom	$704M	+10%	+2%	11%	11.0×	8.3%	+18.4%
IPH IPH.AX	Australia	$709M	+13%	+1%	18%	9.5×	-7.3%	+14.6%
Danyang Syngen Intelligent Technology 603007.SS	China	$702M	-25%	+929%	-34%	n/a	n/a	n/a
Ningbo Sinyuan ZM Technology 301398.SZ	China	$700M	-5%	+42%	-18%	n/a	n/a	n/a
Calian CGY.TO	Canada	$699M	+22%	+16%	6%	18.7×	13.4%	+12.4%
Suzhou Delphi Laser 688170.SS	China	$717M	-23%	+20%	1%	78.7×	n/a	n/a
Bengo4.com 6027.T	Japan	$695M	+94%	+19%	14%	51.8×	18.7%	+25.1%
Science Environmental Protection 688480.SS	China	$694M	-51%	+37%	10%	29.7×	28.2%	+28.2%
Funai Soken 9757.T	Japan	$721M	+5%	+6%	26%	16.0×	-8.3%	+5.9%
Grand Sunergy Tech 603778.SS	China	$686M	-73%	-54%	-98%	n/a	n/a	n/a
Wuxi Jinyang Precision Manufacturing 301210.SZ	China	$729M	+8%	+57%	6%	40.6×	n/a	n/a
Worldline WLN.PA	France	$732M	+9%	-18%	2%	5.4×	17.6%	+10.4%
China Education 0839.HK	Hong Kong	$680M	-4%	+9%	32%	3.0×	n/a	n/a
NCS Testing Technology 300797.SZ	China	$678M	-26%	+15%	7%	25.1×	22.3%	+15.0%
RWS RWS.L	United Kingdom	$677M	+46%	-1%	4%	10.3×	11.5%	+14.2%
Credit CCP.AX	Australia	$738M	+37%	+7%	26%	9.5×	2.1%	+11.1%
China Machinery Huanyu Certification & Inspection 301508.SZ	China	$738M	-20%	+10%	21%	n/a	6.8%	+15.4%
Msscorps 6830.TW	Taiwan	$744M	-57%	+17%	3%	96.2×	n/a	n/a
Shenzhen L&A Design 300949.SZ	China	$744M	+103%	0%	-28%	n/a	n/a	n/a

Questions

Which companies are Duolun Technology's closest peers?: The cockpit's peer set: Aubay (AUB.PA), Johnson Service (JSG.L), IPH (IPH.AX), Danyang Syngen Intelligent Technology (603007.SS), Ningbo Sinyuan ZM Technology (301398.SZ), Calian (CGY.TO), Suzhou Delphi Laser (688170.SS), Bengo4.com (6027.T).
Is Duolun Technology expensive compared with its peers?: On forward p/e it trades at 31.9× against a peer median of 16.0×, 5th most expensive of 16 in its peer set.
How has Duolun Technology stock performed?: Over six months to 6 Nov 2026 the shares returned -13.3% against +0.2% for the median peer; over one year -22.8%.