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Makes ICT hardware — broadband terminals, wireless networking gear and industrial IoT/5G equipment — for telecom and enterprise customers.
Makes ICT hardware — broadband terminals, wireless networking gear and industrial IoT/5G equipment — for telecom and enterprise customers.
Builds to carriers' specifications, selling broadband terminals and wireless equipment in volume to telecom operators at thin margins. These are the Hong Kong-listed H shares; the same company also trades in Shanghai.
In one line: A Chinese networking-hardware maker akin to a small Sercomm/Arris.
Moat: none (scale). Hardware maker in a competitive, commoditized networking-equipment segment with limited differentiation.
Headquarters: Shanghai, China · Founded: 2005 · Employees: 1,354
Size CIG Shanghai (6166.HK) is a Hong Kong Information Technology company (Computer Communications) with a market value of $4.11B, the 290th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$52.05 on 6 Nov 2026.
Performance Over six months the shares fell 62.6%, against +8.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — lowest of 10 in its peer set.
Growth Revenue grew 44.8% over the last twelve months (peer median +6.3%); the operating margin is 11.3% (peer median 4.1%).
Valuation It trades at 9.7× forward earnings against a peer median of 20.3× (cheapest of 7).
Capital Return on invested capital runs 1.3 points above its cost of capital (5.3% WACC).
Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$6.14B | HK$5.22B | HK$3.95B | HK$3.41B | HK$4.40B |
| Revenue growth | — | +32% | +16% | -23% | — |
| Gross profit | HK$1.44B | HK$966M | HK$645M | HK$553M | HK$646M |
| EBITDA | HK$1.06B | HK$633M | HK$480M | HK$445M | HK$559M |
| Net income | HK$530M | HK$286M | HK$181M | HK$105M | HK$199M |
| Free cash flow | -HK$3.08B | -HK$1.55B | HK$284M | -HK$66.5M | -HK$144M |
| Capital expenditure | HK$1.49B | HK$1.04B | HK$332M | HK$224M | HK$209M |
| Total debt | HK$1.87B | HK$2.65B | HK$1.45B | HK$1.60B | HK$1.66B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| CIG Shanghai 6166.HK | $4.11B | -63% | +45% | 11% | 9.7× | n/a |
| Sercomm 5388.TW | $591M | -19% | +34% | 3% | 9.3× | n/a |
| ZTE 0763.HK | $19.0B | -27% | +20% | 1% | 14.6× | 17.5% |
| Arcadyan Technology 3596.TW | $900M | -17% | +6% | 6% | 9.8× | n/a |
| Fiberhome Telecommunication Technologies 600498.SS | $5.50B | -42% | +16% | 1% | 21.5× | 12.8% |
| Eoptolink Technology 300502.SZ | $36.0B | -54% | +101% | 44% | 12.3× | 21.7% |
| Zhongji Innolight 300308.SZ | $79.4B | -48% | +162% | 41% | 15.4× | 23.2% |
| Accelink Technologies 002281.SZ | $10.8B | -37% | +32% | 11% | 42.6× | n/a |
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 | 6166.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -54.5% | +1.5% | lowest of 10 |
| 6-month return | -62.6% | +8.6% | lowest of 10 |
| Distance from 52-week high | -69.9% | -45.3% | lowest of 10 |
| Revenue growth (TTM) | +44.8% | +6.3% | highest of 10 |
| Operating margin | 11.3% | 4.1% | 3rd highest of 10 |
| Forward P/E | 9.7× | 20.3× | cheapest of 7 |
| ROIC minus cost of capital | +1.3 pp | -3.7 pp | 3rd highest of 10 |
| EV / EBITDA | 28.5× | 9.2× | 2nd most expensive of 4 |
| Net debt / EBITDA | -2.0× | -0.6× | 2nd least indebted of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| CIG Shanghai 6166.HK | Hong Kong | $4.11B | -63% | +45% | 11% | 9.7× | n/a | n/a |
| dormakaba DOKA.SW | Switzerland | $3.47B | +28% | -3% | 13% | 21.2× | -9.3% | +2.2% |
| CICT Mobile Communication Technology Co., Ltd.Class A 688387.SS | China | $5.65B | -44% | -2% | -7% | n/a | n/a | n/a |
| Easy Smart 2442.HK | Hong Kong | $2.72B | +72% | -33% | -15% | n/a | n/a | n/a |
| Fujian Star-Net Communication 002396.SZ | China | $2.61B | +13% | +18% | 4% | 19.3× | n/a | n/a |
| Nohmi Bosai 6744.T | Japan | $1.58B | 0% | +6% | 14% | 16.9× | -4.4% | +5.3% |
| Jade Bird Integrated Technologies 002960.SZ | China | $1.40B | -12% | -5% | 6% | 23.8× | 12.0% | +13.2% |
| Seojin System 178320.KS | South Korea | $1.33B | -52% | +9% | -5% | n/a | n/a | n/a |
| Radware RDWR | United States | $1.26B | +9% | +11% | 4% | 22.0× | 32.4% | +3.8% |
| Shenzhen BSC Technology 300951.SZ | China | $1.11B | +33% | +16% | -5% | 19.3× | n/a | n/a |