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← CockpitCompetitor Analysis › 6687.HK JST Group Corporation LimitedOpen in the cockpit ↗

JST Group Corporation Limited6687.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Packaged Software
Momentum weak 30
Mkt cap
$603M
US dollars, full cap
Free float
28%
of shares outstanding
$/day
$726,347
20-day average traded
Fwd P/E
14.5×
forward earnings
ROIC−WACC
n/a
WACC 5.4%
Hurdle
-42 pp
Req g minus delivered
Next earnings
117 days
3 Mar 2027
Close · HKDHK$11.16
1D+1.9%
1W+13.3%
1M-4.8%
3M-24.8%
6M-27.5%
YTD-64.2%
1Y-66.4%
ATR %6.1%
52w lowhigh68.7% off high

What JST does

Employees: 2,552

JST at a glance

Size JST (6687.HK) is a Hong Kong Information Technology company (Packaged Software) with a market value of $603M, the 714th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$11.16 on 6 Nov 2026.

Performance Over six months the shares fell 27.5%, against -13.0% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 6th lowest of 20 in its peer set.

Growth Revenue grew 26.2% over the last twelve months (peer median +18.4%); the operating margin is 10.8% (peer median -2.7%).

Valuation It trades at 14.5× forward earnings against a peer median of 27.7× (3rd cheapest of 10).

Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +30%, so the hurdle is -42 pp: the price already allows for a slowdown.

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 856687.HK 68
Six months, rebased to 100: JST against the median of its 20 peers (local-currency closes).

JST financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$1.38BHK$1.24BHK$986MHK$770MHK$608M
Revenue growth—+26%+28%+27%—
Gross profitHK$1.04BHK$908MHK$669MHK$461MHK$318M
EBITDAHK$165MHK$70.3M-HK$65.5M-HK$277M-HK$405M
Net income-HK$1.65B-HK$1.79BHK$13.2M-HK$538M-HK$588M
Free cash flowHK$374MHK$437MHK$301MHK$237MHK$94.6M
Capital expenditureHK$2.19MHK$1.84MHK$2.28MHK$0HK$3.29M
Total debtn/aHK$10.9MHK$17.2MHK$32.2MHK$11.4M

Quarterly statements and history in the cockpit →

JST 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

0%+200%+400%+600%-25%0%+25%+50%3993SOPHCGNT688039600212RCATHQ278A3015563002994456806687.HK6-month return →1-month return →
Up and to the right = strong over both horizons. JST is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%50×100×3993CGNTTXT600212002912688489278ARAY-B3015566687.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. JST is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%3993CGNTTXT600212RAY-B3015563002996687.HKGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. JST is the large dot.

JST competitors and peer comparison

How JST 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.

JST against its 20 peers (data as of 6 Nov 2026)
Measure6687.HKPeer medianRank in peer set
1-month return-4.8%-7.8%8th highest of 21
6-month return-27.5%-13.0%6th lowest of 20
Distance from 52-week high-68.7%-41.3%4th lowest of 21
Revenue growth (TTM)+26.2%+18.4%7th highest of 20
Operating margin10.8%-2.7%5th highest of 20
Forward P/E14.5×27.7×3rd cheapest of 10
Growth the price implies (Req g, 7 yrs)-11.9%22.2%least demanding of 8
Growth delivered (Del g)+30.3%+15.6%3rd highest of 8
Hurdle (Req g minus delivered)-42.1 pp-7.5 ppleast demanding of 8
EV / EBITDA8.8×12.0×cheapest of 5
Net debt / EBITDA-19.9×-1.1×least indebted of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
JST 6687.HKHong Kong$603M-28%+26%11%14.5×-11.9%+30.3%
PKSHA Technology 3993.TJapan$602M-8%+74%16%28.2×16.6%+24.1%
Sophia Genetics SOPHUnited States$608M+39%+24%-80%n/an/an/a
Cognyte Software CGNTUnited States$597M-27%+28%5%12.7×22.2%-2.0%
Hangzhou Arcvideo Technology 688039.SSChina$609M-13%+1%-48%n/an/an/a
TXT e-solutions TXT.MIItaly$610M+29%+22%6%16.5×10.3%+41.8%
Gresgying Digital Energy Technology 600212.SSChina$594M-34%-8%-6%12.5×23.5%+38.2%
UISEE Technologies (Beijing) 1511.HKHong Kong$593Mn/a+24%-71%n/an/an/a
Shenzhen Sinovatio Technology 002912.SZChina$592M-2%+7%-10%24.7×n/an/a
Sansec Technology 688489.SSChina$590M-13%+18%-7%112.0×n/an/a
Red Cat RCATUnited States$617M-61%+693%-150%n/an/an/a
Horizon Quantum HQUnited States$617M+14%n/an/an/an/an/a
Beijing ZZNode Technologies 003007.SZChina$617M-23%+64%20%n/an/an/a
Terra Drone 278A.TJapan$618M+564%+14%-26%69.9×n/an/a
RaySearch Laboratories RAY-B.STSweden$618M+1%+3%19%27.7×7.3%+15.6%
Zhejiang TOP Cloud-agri Technology 301556.SZChina$620M-34%-14%13%40.4×30.7%+14.0%
Fuchun Technology 300299.SZChina$623M-2%+3%2%n/a54.9%-4.8%
Shanghai Amarsoft Information & Technology 300380.SZChina$628M-30%-2%4%n/an/an/a
Curiox Biosystems 445680.KSSouth Korea$577M-55%+37%-245%n/an/an/a
Sichuan Discovery Dream Science & Technology 301213.SZChina$633M-26%+34%2%n/an/an/a
Beijing Bewinner Communications 002148.SZChina$573M-25%+5%-3%n/an/an/a

Questions

Which companies are JST's closest peers?
The cockpit's peer set: PKSHA Technology (3993.T), Sophia Genetics (SOPH), Cognyte Software (CGNT), Hangzhou Arcvideo Technology (688039.SS), TXT e-solutions (TXT.MI), Gresgying Digital Energy Technology (600212.SS), UISEE Technologies (Beijing) (1511.HK), Shenzhen Sinovatio Technology (002912.SZ).
Is JST expensive compared with its peers?
On forward p/e it trades at 14.5× against a peer median of 27.7×, 3rd cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +30%, so the hurdle is -42 pp: the price already allows for a slowdown.
How has JST stock performed?
Over six months to 6 Nov 2026 the shares returned -27.5% against -13.0% for the median peer; over one year -66.4%.

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.