Who are Primarius Technologies's main competitors?

Named competitors: Synopsys (SNPS), Cadence Design Systems (CDNS), Empyrean Technology (688081.SS). The cockpit's measured peer set (industry) also includes FIT Hon Teng (6088.HK), Knowles (KN), Shenzhen JOVE Enterprise (300814.SZ), Daeduck Electronics (353200.KS), INESA Intelligent Tech (600602.SS), Optowide Technologies (688195.SS).

Is Primarius Technologies expensive compared with its peers?

On forward p/e it trades at 331.6× against a peer median of 22.5×, 2nd most expensive of 19 in its peer set.

How has Primarius Technologies stock performed?

Over six months to 6 Nov 2026 the shares returned -2.5% against -24.0% for the median peer; over one year -17.0%.

← CockpitCompetitor Analysis › 688206.SS Primarius Technologies Co. Ltd. Class AOpen in the cockpit ↗

Primarius Technologies Co. Ltd. Class A688206.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Components

Chinese electronic design automation (EDA) software vendor for chip design and verification.

≈ A small, China-focused Synopsys/CadenceMomentum leader 85

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$2.63B

US dollars, full cap

Free float

28%

of shares outstanding

$/day

$28.5M

20-day average traded

Fwd P/E

331.6×

forward earnings

ROIC−WACC

-12.8 pp

WACC 12.6%

Hurdle

n/a

no reverse DCF

Next earnings

157 days

12 Apr 2027

Close · CNYCN¥33.16

1D-3.0%

1W+12.4%

1M+0.3%

3M+4.9%

6M-2.5%

YTD-4.8%

1Y-17.0%

ATR %7.0%

52w lowhigh39.5% off high

What Primarius Technologies does

Chinese electronic design automation (EDA) software vendor for chip design and verification.

In one line: A small, China-focused Synopsys/Cadence.

Products and services

Circuit simulation/verification EDA tools
Design-for-test/analog EDA tools

Customers

Chinese fabless chip designers
Foundries/IDMs

Where it sits in the supply chain

Semiconductors
Chip design software (EDA)

What could go right

China chip-design import substitution amid US export controls

What could go wrong

Small scale versus Synopsys/Cadence R&D budgets

Moat: narrow (switching costs, IP / patents). EDA tools are deeply embedded in chip design flows, but Synopsys/Cadence/Siemens still dominate globally.

Headquarters: Shanghai, China · Employees: 608

Named competitors

Synopsys SNPS
Cadence Design Systems CDNS
Empyrean Technology 688081.SS

Primarius Technologies at a glance

Size Primarius Technologies (688206.SS) is a China Information Technology company (Electronic Components) with a market value of $2.63B, the 985th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥33.16 on 6 Nov 2026.

Performance Over six months the shares fell 2.5%, against -24.0% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 29.9% over the last twelve months (peer median +18.6%); the operating margin is -8.8% (peer median 14.0%).

Valuation It trades at 331.6× forward earnings against a peer median of 22.5× (2nd most expensive of 19).

Capital Return on invested capital runs 12.8 points below its cost of capital (12.6% WACC).

Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Primarius Technologies against the median of its 20 peers (local-currency closes).

Primarius Technologies financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥587M	CN¥480M	CN¥418M	CN¥328M	CN¥277M
Revenue growth	—	+15%	+28%	+18%	—
Gross profit	CN¥488M	CN¥379M	CN¥329M	CN¥246M	CN¥219M
EBITDA	n/a	-CN¥5.84M	-CN¥31.0M	-CN¥63.8M	CN¥12.4M
Net income	-CN¥7.09M	CN¥34.2M	-CN¥96.0M	-CN¥56.3M	CN¥44.9M
Free cash flow	-CN¥19.7M	CN¥64.8M	-CN¥143M	CN¥842,050	-CN¥81.1M
Capital expenditure	CN¥113M	CN¥97.2M	CN¥106M	CN¥50.2M	CN¥151M
Total debt	CN¥19.2M	CN¥42.2M	CN¥29.3M	CN¥15.9M	CN¥20.8M

Quarterly statements and history in the cockpit →

Primarius Technologies 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

Up and to the right = strong over both horizons. Primarius Technologies is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Primarius Technologies is the large dot.

Primarius Technologies competitors and peer comparison

Head to head with its named competitors (688206.SS vs SNPS vs CDNS vs 688081.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Primarius Technologies 688206.SS	$2.63B	-2%	+30%	-9%	331.6×	n/a
Synopsys SNPS	$86.3B	-13%	+46%	12%	25.6×	39.2%
Cadence Design Systems CDNS	$87.8B	-12%	+18%	30%	34.0×	29.9%
Wuhan Xingtu Xinke Electronics 688081.SS	$337M	-59%	-13%	-49%	n/a	n/a

How Primarius Technologies 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.

Primarius Technologies against its 20 peers (data as of 6 Nov 2026)
Measure	688206.SS	Peer median	Rank in peer set
1-month return	+0.3%	-18.7%	2nd highest of 21
6-month return	-2.5%	-24.0%	4th highest of 21
Distance from 52-week high	-39.5%	-47.4%	6th highest of 21
Revenue growth (TTM)	+29.9%	+18.6%	8th highest of 21
Operating margin	-8.8%	14.0%	2nd lowest of 21
Forward P/E	331.6×	22.5×	2nd most expensive of 19
ROIC minus cost of capital	-12.8 pp	-1.3 pp	2nd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Primarius Technologies 688206.SS	China	$2.63B	-2%	+30%	-9%	331.6×	n/a	n/a
FIT Hon Teng 6088.HK	Hong Kong	$2.63B	-67%	+11%	5%	10.5×	n/a	n/a
Knowles KN	United States	$2.65B	-11%	+16%	15%	19.1×	26.3%	-4.9%
Shenzhen JOVE Enterprise 300814.SZ	China	$2.65B	-14%	+44%	7%	n/a	n/a	n/a
Daeduck Electronics 353200.KS	South Korea	$2.61B	-37%	+56%	16%	15.0×	15.3%	+11.8%
INESA Intelligent Tech 600602.SS	China	$2.60B	-31%	-2%	2%	71.9×	32.7%	+6.7%
Optowide Technologies 688195.SS	China	$2.57B	-60%	+68%	17%	100.1×	n/a	n/a
Zhejiang Lante Optics 688127.SS	China	$2.56B	-45%	+59%	31%	27.8×	20.5%	+28.5%
Aoshikang Technology 002913.SZ	China	$2.52B	+2%	+25%	10%	34.0×	n/a	n/a
MLOPTIC 688502.SS	China	$2.78B	-26%	+44%	5%	204.0×	n/a	n/a
HONG RI DA Technology 301285.SZ	China	$2.50B	-22%	+14%	-13%	424.7×	n/a	n/a
Zhuzhou Hongda Electronics 300726.SZ	China	$2.43B	-20%	+11%	26%	35.2×	27.3%	+6.1%
Bel Fuse BELFA	United States	$2.87B	-38%	+21%	17%	13.5×	18.0%	+7.7%
EZconn 6442.TW	Taiwan	$2.40B	-51%	+30%	27%	16.2×	15.3%	+34.3%
Citizen Watch 7762.T	Japan	$2.90B	+3%	+17%	10%	12.8×	10.1%	+10.9%
China Zhenhua (Group) Science & Technology 000733.SZ	China	$2.93B	-17%	-1%	14%	23.3×	4.0%	+7.8%
Jenoptik JEN.DE	Germany	$2.30B	-21%	-2%	12%	18.6×	10.3%	+11.2%
Xiamen Hengkun New Material Technology 688727.SS	China	$2.28B	-33%	+20%	9%	n/a	n/a	n/a
Hefei Meyer Optoelectronic Technology 002690.SZ	China	$2.25B	-3%	+3%	31%	18.5×	9.2%	+10.0%
VisEra Technologies 6789.TW	Taiwan	$3.16B	-46%	-5%	14%	49.7×	44.5%	+5.2%
Fulltech Fiber Glass 1815.TWO	Taiwan	$2.18B	+6%	+49%	26%	21.6×	n/a	n/a

Questions

Who are Primarius Technologies's main competitors?: Named competitors: Synopsys (SNPS), Cadence Design Systems (CDNS), Empyrean Technology (688081.SS). The cockpit's measured peer set (industry) also includes FIT Hon Teng (6088.HK), Knowles (KN), Shenzhen JOVE Enterprise (300814.SZ), Daeduck Electronics (353200.KS), INESA Intelligent Tech (600602.SS), Optowide Technologies (688195.SS).
Is Primarius Technologies expensive compared with its peers?: On forward p/e it trades at 331.6× against a peer median of 22.5×, 2nd most expensive of 19 in its peer set.
How has Primarius Technologies stock performed?: Over six months to 6 Nov 2026 the shares returned -2.5% against -24.0% for the median peer; over one year -17.0%.