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Chinese technology company; specific product line not established from available knowledge.
Chinese technology company; specific product line not established from available knowledge.
Moat: none
Headquarters: China · Employees: 2,120
Size TKD Science and Technology (603738.SS) is a China Information Technology company (Electronic Production Equipment) with a market value of $1.39B, the 1751st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.21 on 6 Nov 2026.
Performance Over six months the shares fell 36.8%, against -25.7% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue grew 20.1% over the last twelve months (peer median +12.4%); the operating margin is 8.8% (peer median 8.5%).
Valuation It trades at 42.5× forward earnings against a peer median of 18.5× (3rd most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 44% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +36 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.6 points below its cost of capital (13.1% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.11B | CN¥941M | CN¥819M | CN¥787M | CN¥913M |
| Revenue growth | — | +15% | +4% | -14% | — |
| Gross profit | CN¥330M | CN¥158M | CN¥179M | CN¥189M | CN¥332M |
| EBITDA | n/a | CN¥144M | CN¥166M | CN¥193M | CN¥315M |
| Net income | CN¥123M | CN¥52.2M | CN¥87.6M | CN¥101M | CN¥189M |
| Free cash flow | CN¥2.92M | -CN¥13.8M | CN¥454,460 | CN¥170M | CN¥195M |
| Capital expenditure | CN¥141M | CN¥136M | CN¥109M | CN¥103M | CN¥143M |
| Total debt | CN¥5.71M | CN¥112M | CN¥101M | CN¥34.6M | CN¥55.8M |
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 | 603738.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.3% | -14.3% | 10th lowest of 21 |
| 6-month return | -36.8% | -25.7% | 8th lowest of 20 |
| Distance from 52-week high | -65.1% | -51.1% | 3rd lowest of 21 |
| Revenue growth (TTM) | +20.1% | +12.4% | 9th highest of 21 |
| Operating margin | 8.8% | 8.5% | 11th highest of 21 |
| Forward P/E | 42.5× | 18.5× | 3rd most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 44.4% | 13.1% | 2nd most demanding of 13 |
| Growth delivered (Del g) | +8.4% | +5.9% | 6th highest of 13 |
| Hurdle (Req g minus delivered) | +36.0 pp | +3.5 pp | 2nd most demanding of 13 |
| ROIC minus cost of capital | -5.6 pp | -2.4 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| TKD Science and Technology 603738.SS | China | $1.39B | -37% | +20% | 9% | 42.5× | 44.4% | +8.4% |
| Nolato NOLA-B.ST | Sweden | $1.40B | +5% | 0% | 10% | 18.8× | 3.9% | +0.2% |
| TPV Technology 000727.SZ | China | $1.38B | -23% | +7% | -1% | n/a | n/a | n/a |
| Suzhou Betely Polymer Materials 301697.SZ | China | $1.44B | n/a | +45% | 5% | n/a | n/a | n/a |
| Shenzhen Success Electronics 002289.SZ | China | $1.33B | -9% | +237% | 27% | n/a | 24.4% | +18.8% |
| Dongguan Tarry Electronics 300976.SZ | China | $1.33B | +4% | +19% | 9% | 15.3× | 17.5% | +27.2% |
| Doosan Fuel Cell 336260.KS | South Korea | $1.33B | -56% | -19% | -31% | n/a | n/a | n/a |
| TXC 3042.TW | Taiwan | $1.28B | -26% | +9% | 17% | 14.4× | 10.7% | +3.9% |
| Grand Process Technology 3131.TWO | Taiwan | $1.27B | -51% | +38% | 22% | 18.3× | 13.0% | +21.2% |
| Shenzhen Hui Chuang Da Technology 300909.SZ | China | $1.26B | +4% | +3% | 2% | n/a | n/a | n/a |
| Maxvision Technology 002990.SZ | China | $1.26B | -39% | +36% | 14% | n/a | n/a | n/a |
| Shenzhen Sinexcel Electric 300693.SZ | China | $1.57B | -28% | +27% | 15% | 17.2× | 13.1% | +35.0% |
| WindSun Science & Technology 688663.SS | China | $1.23B | -14% | -9% | 3% | 36.5× | 48.5% | +18.9% |
| Aurora Optoelectronics 600666.SS | China | $1.22B | -44% | +44% | -15% | n/a | 35.2% | -1.9% |
| Fuman Microelectronics 300671.SZ | China | $1.21B | -22% | +71% | 3% | n/a | n/a | n/a |
| Photronics PLAB | United States | $1.61B | -49% | +1% | 22% | 13.3× | 1.9% | +6.9% |
| Shenzhen Fenda Technology 002681.SZ | China | $1.19B | -15% | +7% | -1% | n/a | 27.1% | -5.2% |
| Dongjin Semichem 005290.KS | South Korea | $1.18B | -44% | -4% | 16% | n/a | -4.4% | +5.0% |
| CTS CTS | United States | $1.65B | -6% | +7% | 16% | 20.3× | 8.5% | +5.0% |
| Guangdong Suqun New Material 301489.SZ | China | $1.16B | -54% | +24% | 8% | 53.2× | n/a | n/a |
| Beijing Relpow Technology 300593.SZ | China | $1.68B | -27% | +16% | -14% | 286.9× | n/a | n/a |