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Employees: 1,116
Size Guangdong Hotata Technology (603848.SS) is a China Consumer Discretionary company (Electronics/Appliances) with a market value of $736M, the 2960th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.20 on 6 Nov 2026.
Performance Over six months the shares fell 24.2%, against -18.8% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 6.8% over the last twelve months (peer median +7.8%); the operating margin is 12.8% (peer median 7.5%).
Valuation It trades at 21.6× forward earnings against a peer median of 18.0× (4th most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +11 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 4.3 points below its cost of capital (10.0% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.65B | CN¥1.53B | CN¥1.54B | CN¥1.67B | CN¥1.37B |
| Revenue growth | — | 0% | -8% | +22% | — |
| Gross profit | CN¥820M | CN¥727M | CN¥714M | CN¥825M | CN¥623M |
| EBITDA | n/a | CN¥244M | CN¥321M | CN¥366M | CN¥257M |
| Net income | CN¥217M | CN¥203M | CN¥248M | CN¥327M | CN¥219M |
| Free cash flow | CN¥181M | CN¥117M | CN¥61.0M | CN¥396M | -CN¥1.33B |
| Capital expenditure | CN¥135M | CN¥119M | CN¥225M | CN¥109M | CN¥1.47B |
| Total debt | CN¥359M | CN¥289M | CN¥217M | CN¥121M | CN¥108M |
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 | 603848.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.4% | -5.9% | 7th lowest of 21 |
| 6-month return | -24.2% | -18.8% | 8th lowest of 21 |
| Distance from 52-week high | -45.3% | -39.8% | 7th lowest of 21 |
| Revenue growth (TTM) | +6.8% | +7.8% | 11th highest of 21 |
| Operating margin | 12.8% | 7.5% | 5th highest of 21 |
| Forward P/E | 21.6× | 18.0× | 4th most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 17.0% | 5.7% | 5th most demanding of 14 |
| Growth delivered (Del g) | +5.9% | +6.8% | 7th lowest of 14 |
| Hurdle (Req g minus delivered) | +11.1 pp | -3.3 pp | 5th most demanding of 14 |
| ROIC minus cost of capital | -4.3 pp | -0.1 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangdong Hotata Technology 603848.SS | China | $736M | -24% | +7% | 13% | 21.6× | 17.0% | +5.9% |
| Cosonic Intelligent Technologies 300793.SZ | China | $747M | -7% | +15% | -5% | n/a | 50.0% | -4.4% |
| Alliance Material 3595.TWO | Taiwan | $760M | -71% | +200% | 35% | n/a | 45.5% | -2.5% |
| Tonze New Energy Technology 002759.SZ | China | $694M | -68% | +106% | 16% | n/a | n/a | n/a |
| Bear Electric Appliance 002959.SZ | China | $794M | -18% | -7% | 7% | 19.3× | -6.6% | +7.5% |
| Ningbo Dechang Electrical Machinery Made 605555.SS | China | $794M | -29% | +11% | 2% | 42.1× | 11.9% | +16.8% |
| Aucma 600336.SS | China | $675M | -24% | -15% | -7% | n/a | n/a | n/a |
| Guoguang Electric 002045.SZ | China | $807M | -13% | -17% | -4% | 10.0× | n/a | n/a |
| JS Global Lifestyle 1691.HK | Hong Kong | $808M | +9% | 0% | 0% | 18.1× | 23.1% | -16.8% |
| Guangdong Hongjing Optoelectronic Technology 301479.SZ | China | $810M | -46% | +19% | 8% | n/a | n/a | n/a |
| Appotronics 688007.SS | China | $662M | -35% | -47% | -20% | n/a | n/a | n/a |
| Doshisha 7483.T | Japan | $660M | -12% | +3% | 9% | 11.9× | -19.9% | +3.5% |
| Kyung Dong Navien 009450.KS | South Korea | $650M | -21% | +5% | 13% | 7.6× | -17.8% | +11.5% |
| Shenzhen Textile (Holdings) 000045.SZ | China | $646M | -25% | -4% | 3% | n/a | 5.7% | +9.0% |
| Xiamen Comfort Science & Technology 002614.SZ | China | $640M | +19% | +12% | 0% | n/a | 3.9% | -6.3% |
| Guangdong Avcit Technology 001229.SZ | China | $634M | +11% | +11% | 10% | n/a | 43.0% | +6.8% |
| Harvia HARVIA.HE | Finland | $858M | +7% | +12% | 19% | 24.7× | 14.0% | +12.8% |
| Zojirushi 7965.T | Japan | $621M | -5% | +5% | 8% | 17.9× | -9.0% | +4.0% |
| Suzhou Alton Electrical & Mechanical Industry 301187.SZ | China | $620M | -20% | +30% | 9% | 29.8× | n/a | n/a |
| Zhejiang Entive Smart Kitchen Appliance 300911.SZ | China | $619M | -28% | -51% | -50% | n/a | n/a | n/a |
| Cuckoo 192400.KS | South Korea | $618M | -8% | +10% | 12% | 6.2× | -20.7% | +9.4% |