Loading…
Chinese display-panel maker based in Kunshan, producing LCD panels for consumer and industrial applications.
Chinese display-panel maker based in Kunshan, producing LCD panels for consumer and industrial applications.
Sells panels in bulk to device makers, so earnings depend on the gap between the panel price and the heavy fixed cost of running fabs, which moves with the LCD supply cycle.
Moat: none (scale). Display-panel manufacturing is capital-intensive and cyclical, with limited product differentiation.
Headquarters: Kunshan, Jiangsu, China · Employees: 2,678
Size InfoVision Optoelectronics (Kunshan) (688055.SS) is a China Information Technology company (Computer Peripherals) with a market value of $1.56B, the 1573rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.13 on 6 Nov 2026.
Performance Over six months the shares fell 22.5%, against -21.0% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue fell 24.4% over the last twelve months (peer median +8.9%); the operating margin is -19.4% (peer median 7.4%).
Valuation It trades at 5.8× enterprise value to sales against a peer median of 4.4× (9th most expensive of 21).
Capital Return on invested capital runs 12.1 points below its cost of capital (8.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.02B | CN¥2.49B | CN¥3.39B | CN¥3.78B | CN¥4.20B |
| Revenue growth | — | -26% | -10% | -10% | — |
| Gross profit | CN¥151M | CN¥88.8M | CN¥167M | CN¥205M | CN¥736M |
| EBITDA | n/a | -CN¥117M | -CN¥153M | -CN¥218M | CN¥394M |
| Net income | -CN¥340M | -CN¥208M | -CN¥190M | -CN¥278M | CN¥252M |
| Free cash flow | -CN¥140M | CN¥112M | CN¥122M | CN¥588M | CN¥70.4M |
| Capital expenditure | CN¥184M | CN¥129M | CN¥131M | CN¥123M | CN¥186M |
| Total debt | CN¥1.72B | CN¥1.72B | CN¥1.19B | CN¥1.54B | CN¥1.02B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| InfoVision Optoelectronics (Kunshan) 688055.SS | $1.56B | -23% | -24% | -19% | 5.8× | n/a |
| BOE Technology 000725.SZ | $25.3B | +9% | -4% | 2% | 1.5× | -3.9% |
| Tianma Microelectronics 000050.SZ | $2.05B | -27% | -3% | -1% | 1.2× | -6.2% |
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 | 688055.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.8% | -7.6% | 7th lowest of 21 |
| 6-month return | -22.5% | -21.0% | 10th lowest of 21 |
| Distance from 52-week high | -50.1% | -41.6% | 4th lowest of 21 |
| Revenue growth (TTM) | -24.4% | +8.9% | lowest of 21 |
| Operating margin | -19.4% | 7.4% | 3rd lowest of 21 |
| EV / Sales | 5.8× | 4.4× | 9th most expensive of 21 |
| ROIC minus cost of capital | -12.1 pp | +0.4 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| InfoVision Optoelectronics (Kunshan) 688055.SS | China | $1.56B | -23% | -24% | -19% | 5.8× | n/a | n/a |
| Nancal Technology 603859.SS | China | $1.49B | -5% | +10% | 12% | 5.6× | n/a | n/a |
| Toyou Feiji Electronics 300302.SZ | China | $1.49B | -24% | +5% | -15% | 25.6× | n/a | n/a |
| Visionox Technology 002387.SZ | China | $1.35B | -20% | -1% | -35% | 4.9× | 50.6% | +18.9% |
| Scantech (Hangzhou) 688583.SS | China | $1.31B | -20% | +4% | 1% | 21.7× | n/a | n/a |
| NSFOCUS Technologies 300369.SZ | China | $1.29B | +45% | +8% | -4% | 3.4× | 38.1% | +4.9% |
| Hua Ying Technology (Group) 000536.SZ | China | $1.27B | -23% | -13% | -54% | 9.4× | 47.9% | -8.6% |
| Chicony Electronics 2385.TW | Taiwan | $1.96B | -31% | -8% | 7% | 0.6× | -9.6% | +0.1% |
| FIH Mobile 2038.HK | Hong Kong | $1.24B | -51% | +17% | 1% | 0.0× | -11.2% | -5.6% |
| Beijing Dahao Technology 603025.SS | China | $2.04B | -25% | +23% | 29% | 3.9× | 7.4% | +29.2% |
| Tianma Microelectronics 000050.SZ | China | $2.05B | -27% | -3% | -1% | 1.2× | -6.2% | +4.4% |
| Global Brands Manufacture 6191.TW | Taiwan | $1.09B | -28% | +49% | 8% | 1.2× | n/a | n/a |
| Elecom 6750.T | Japan | $1.07B | +14% | +15% | 12% | 0.8× | -9.4% | +4.3% |
| Chengdu Galaxy Magnets 300127.SZ | China | $1.06B | -30% | +29% | 21% | 6.2× | 25.3% | +7.4% |
| Kardex KARN.SW | Switzerland | $2.35B | -9% | +3% | 9% | 2.3× | 11.8% | +12.5% |
| Netweb Technologies India NETWEB.NS | India | $2.37B | -12% | +175% | 13% | 5.8× | 46.1% | +72.5% |
| Societe Industrielle & Financiere de l'Artois ARTO.PA | France | $2.55B | -26% | -6% | -8% | 16.2× | n/a | n/a |
| Plover Bay Technologies 1523.HK | Hong Kong | $959M | -22% | +16% | 42% | 6.5× | 3.8% | +19.9% |
| Newland Digital Technology 000997.SZ | China | $2.56B | -14% | +29% | 11% | 1.2× | n/a | n/a |
| Venustech 002439.SZ | China | $2.58B | -9% | 0% | -16% | 6.4× | 19.0% | -8.6% |
| VusionGroup VU.PA | France | $2.61B | +11% | +45% | 10% | 1.3× | n/a | n/a |