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← CockpitCompetitor Analysis › 603703.SS Zhejiang Shengyang Science & Technology Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Shengyang Science & Technology Co., Ltd. Class A603703.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Telecommunications Equipment
Momentum leader 80
Mkt cap
$624M
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$54.4M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-5.6 pp
WACC 6.2%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥10.09
1D-0.2%
1W-15.6%
1M+3.9%
3M+13.6%
6M-26.2%
YTD-30.8%
1Y-17.2%
ATR %8.1%
52w lowhigh49.5% off high

What Zhejiang Shengyang Science & Technology does

Employees: 1,379

Zhejiang Shengyang Science & Technology at a glance

Size Zhejiang Shengyang Science & Technology (603703.SS) is a China Information Technology company (Telecommunications Equipment) with a market value of $624M, the 3327th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.09 on 6 Nov 2026.

Performance Over six months the shares fell 26.2%, against -28.4% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 37.8% over the last twelve months (peer median +11.8%); the operating margin is -3.3% (peer median -0.2%).

Valuation It trades at 4.1× enterprise value to sales against a peer median of 4.7× (9th cheapest of 21).

Capital Return on invested capital runs 5.6 points below its cost of capital (6.2% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026603703.SS 73Peer median 71
Six months, rebased to 100: Zhejiang Shengyang Science & Technology against the median of its 20 peers (local-currency closes).

Zhejiang Shengyang Science & Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.23BCN¥912MCN¥816MCN¥645MCN¥812M
Revenue growth—+12%+27%-21%—
Gross profitCN¥267MCN¥209MCN¥163MCN¥139MCN¥173M
EBITDAn/aCN¥72.1MCN¥59.9MCN¥71.3MCN¥50.1M
Net income-CN¥67.6M-CN¥23.4M-CN¥37.0MCN¥3.56MCN¥15.4M
Free cash flow-CN¥279M-CN¥35.8M-CN¥139M-CN¥22.6M-CN¥13.3M
Capital expenditureCN¥33.1MCN¥75.9MCN¥76.8MCN¥104MCN¥103M
Total debtCN¥1.34BCN¥938MCN¥795MCN¥699MCN¥773M

Quarterly statements and history in the cockpit →

Zhejiang Shengyang Science & 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

-60%-40%-20%0%-20%-10%0%+10%3268300590688311300213300177FTC3007115388FEIM300504002512002796CRI0008923673GILT002383603660002161688788603703.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Shengyang Science & Technology is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%0×5×10×15×3268300590688311300213300177FTC3007115388FEIM300504002512002796CRI0008923673002383603660002161688788603703.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Shengyang Science & Technology is the large dot.

Zhejiang Shengyang Science & Technology competitors and peer comparison

How Zhejiang Shengyang Science & 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.

Zhejiang Shengyang Science & Technology against its 20 peers (data as of 6 Nov 2026)
Measure603703.SSPeer medianRank in peer set
1-month return+3.9%-11.6%3rd highest of 21
6-month return-26.2%-28.4%10th highest of 21
Distance from 52-week high-49.5%-51.3%10th highest of 21
Revenue growth (TTM)+37.8%+11.8%4th highest of 21
Operating margin-3.3%-0.2%10th lowest of 21
EV / Sales4.1×4.7×9th cheapest of 21
ROIC minus cost of capital-5.6 pp-5.9 pp10th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Zhejiang Shengyang Science & Technology 603703.SSChina$624M-26%+38%-3%4.1×n/an/a
MeiG Smart Technology 3268.HKHong Kong$628M-30%+31%7%0.9×n/an/a
Queclink Wireless Solutions 300590.SZChina$619M-39%+37%9%2.7×n/an/a
Chengdu M&S Electronics Technology 688311.SSChina$618M-32%+66%-22%8.3×n/an/a
Beijing Jiaxun Feihong Electrical 300213.SZChina$634M-15%-9%-17%4.5×20.0%-2.1%
Guangzhou Hi-Target Navigation Tech 300177.SZChina$635M-30%-25%-32%4.9×25.8%-10.6%
Filtronic FTC.LUnited Kingdom$639M-41%-1%7%8.4×59.4%+29.0%
GHT 300711.SZChina$650M-26%+29%14%4.3×n/an/a
Sercomm 5388.TWTaiwan$591M-19%+34%3%0.3×n/an/a
Frequency Electronics FEIMUnited States$679M+3%+6%8%8.6×n/an/a
Sichuan Tianyi Comheart Telecom 300504.SZChina$685M-1%+17%3%2.8×n/an/a
Tatwah Smartech 002512.SZChina$567M-16%+32%0%1.7×36.0%-2.6%
Suzhou Shijia Science & Technology 002796.SZChina$696M-67%-4%-7%5.6×38.8%-10.4%
Creotech Instruments CRI.WAPoland$697M+15%+96%11%17.0×n/an/a
H&R Century Union 000892.SZChina$699M-4%+21%-52%7.7×n/an/a
TPK 3673.TWTaiwan$701M-9%+1%0%0.3×-14.1%-11.3%
Gilat Satellite Networks GILTUnited States$554M-63%+39%5%0.8×n/an/a
Beijing UniStrong Science & Technology 002383.SZChina$712M-30%-1%-15%3.9×n/an/a
Suzhou Keda Technology 603660.SSChina$713M-31%-32%-59%5.5×n/an/a
Invengo Information Technology 002161.SZChina$538M-27%-2%-19%6.5×26.0%+4.9%
ShenZhen Consys Science & Technology 688788.SSChina$746M-41%-22%-173%22.2×n/an/a

Questions

Which companies are Zhejiang Shengyang Science & Technology's closest peers?
The cockpit's peer set: MeiG Smart Technology (3268.HK), Queclink Wireless Solutions (300590.SZ), Chengdu M&S Electronics Technology (688311.SS), Beijing Jiaxun Feihong Electrical (300213.SZ), Guangzhou Hi-Target Navigation Tech (300177.SZ), Filtronic (FTC.L), GHT (300711.SZ), Sercomm (5388.TW).
Is Zhejiang Shengyang Science & Technology expensive compared with its peers?
On ev / sales it trades at 4.1× against a peer median of 4.7×, 9th cheapest of 21 in its peer set.
How has Zhejiang Shengyang Science & Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -26.2% against -28.4% for the median peer; over one year -17.2%.

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.