Employees: 1,379
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.23B | CN¥912M | CN¥816M | CN¥645M | CN¥812M |
| Revenue growth | — | +12% | +27% | -21% | — |
| Gross profit | CN¥267M | CN¥209M | CN¥163M | CN¥139M | CN¥173M |
| EBITDA | n/a | CN¥72.1M | CN¥59.9M | CN¥71.3M | CN¥50.1M |
| Net income | -CN¥67.6M | -CN¥23.4M | -CN¥37.0M | CN¥3.56M | CN¥15.4M |
| Free cash flow | -CN¥279M | -CN¥35.8M | -CN¥139M | -CN¥22.6M | -CN¥13.3M |
| Capital expenditure | CN¥33.1M | CN¥75.9M | CN¥76.8M | CN¥104M | CN¥103M |
| Total debt | CN¥1.34B | CN¥938M | CN¥795M | CN¥699M | CN¥773M |
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 | 603703.SS | Peer median | Rank 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 / Sales | 4.1× | 4.7× | 9th cheapest of 21 |
| ROIC minus cost of capital | -5.6 pp | -5.9 pp | 10th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhejiang Shengyang Science & Technology 603703.SS | China | $624M | -26% | +38% | -3% | 4.1× | n/a | n/a |
| MeiG Smart Technology 3268.HK | Hong Kong | $628M | -30% | +31% | 7% | 0.9× | n/a | n/a |
| Queclink Wireless Solutions 300590.SZ | China | $619M | -39% | +37% | 9% | 2.7× | n/a | n/a |
| Chengdu M&S Electronics Technology 688311.SS | China | $618M | -32% | +66% | -22% | 8.3× | n/a | n/a |
| Beijing Jiaxun Feihong Electrical 300213.SZ | China | $634M | -15% | -9% | -17% | 4.5× | 20.0% | -2.1% |
| Guangzhou Hi-Target Navigation Tech 300177.SZ | China | $635M | -30% | -25% | -32% | 4.9× | 25.8% | -10.6% |
| Filtronic FTC.L | United Kingdom | $639M | -41% | -1% | 7% | 8.4× | 59.4% | +29.0% |
| GHT 300711.SZ | China | $650M | -26% | +29% | 14% | 4.3× | n/a | n/a |
| Sercomm 5388.TW | Taiwan | $591M | -19% | +34% | 3% | 0.3× | n/a | n/a |
| Frequency Electronics FEIM | United States | $679M | +3% | +6% | 8% | 8.6× | n/a | n/a |
| Sichuan Tianyi Comheart Telecom 300504.SZ | China | $685M | -1% | +17% | 3% | 2.8× | n/a | n/a |
| Tatwah Smartech 002512.SZ | China | $567M | -16% | +32% | 0% | 1.7× | 36.0% | -2.6% |
| Suzhou Shijia Science & Technology 002796.SZ | China | $696M | -67% | -4% | -7% | 5.6× | 38.8% | -10.4% |
| Creotech Instruments CRI.WA | Poland | $697M | +15% | +96% | 11% | 17.0× | n/a | n/a |
| H&R Century Union 000892.SZ | China | $699M | -4% | +21% | -52% | 7.7× | n/a | n/a |
| TPK 3673.TW | Taiwan | $701M | -9% | +1% | 0% | 0.3× | -14.1% | -11.3% |
| Gilat Satellite Networks GILT | United States | $554M | -63% | +39% | 5% | 0.8× | n/a | n/a |
| Beijing UniStrong Science & Technology 002383.SZ | China | $712M | -30% | -1% | -15% | 3.9× | n/a | n/a |
| Suzhou Keda Technology 603660.SS | China | $713M | -31% | -32% | -59% | 5.5× | n/a | n/a |
| Invengo Information Technology 002161.SZ | China | $538M | -27% | -2% | -19% | 6.5× | 26.0% | +4.9% |
| ShenZhen Consys Science & Technology 688788.SS | China | $746M | -41% | -22% | -173% | 22.2× | n/a | n/a |