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← CockpitCompetitor Analysis › 688307.SS Jiaxing ZMAX Optech Co., Ltd. Class AOpen in the cockpit ↗

Jiaxing ZMAX Optech Co., Ltd. Class A688307.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Components
Momentum laggard 4
Mkt cap
$584M
US dollars, full cap
Free float
66%
of shares outstanding
$/day
$16.3M
20-day average traded
Fwd P/E
25.7×
forward earnings
ROIC−WACC
-5.5 pp
WACC 8.9%
Hurdle
n/a
no reverse DCF
Next earnings
143 days
29 Mar 2027
Close · CNYCN¥31.12
1D-5.5%
1W+2.7%
1M-25.0%
3M-17.6%
6M-51.0%
YTD+0.8%
1Y+15.2%
ATR %8.6%
52w lowhigh69.0% off high

What Jiaxing ZMAX Optech does

Employees: 1,667

Jiaxing ZMAX Optech at a glance

Size Jiaxing ZMAX Optech (688307.SS) is a China Information Technology company (Electronic Components) with a market value of $584M, the 3490th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥31.12 on 6 Nov 2026.

Performance Over six months the shares fell 51.0%, against -18.8% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 59.0% over the last twelve months (peer median +17.7%); the operating margin is 6.8% (peer median 3.2%).

Valuation It trades at 25.7× forward earnings against a peer median of 27.9× (5th cheapest of 14).

Capital Return on invested capital runs 5.5 points below its cost of capital (8.9% WACC).

Next results Next results expected around 29 Mar 2027 (exchange calendar; dates can move).

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 80688307.SS 48
Six months, rebased to 100: Jiaxing ZMAX Optech against the median of its 20 peers (local-currency closes).

Jiaxing ZMAX Optech financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥813MCN¥654MCN¥453MCN¥377MCN¥401M
Revenue growth—+44%+20%-6%—
Gross profitCN¥242MCN¥195MCN¥141MCN¥114MCN¥120M
EBITDACN¥112MCN¥86.6MCN¥65.1MCN¥45.2MCN¥57.2M
Net incomeCN¥74.3MCN¥63.0MCN¥53.4MCN¥36.3MCN¥41.1M
Free cash flow-CN¥148M-CN¥92.4MCN¥51.2MCN¥54.7M-CN¥17.4M
Capital expenditureCN¥225MCN¥160MCN¥56.4MCN¥50.8MCN¥53.1M
Total debtCN¥322MCN¥307MCN¥74.2MCN¥75.2MCN¥94.1M

Quarterly statements and history in the cockpit →

Jiaxing ZMAX Optech 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

-50%0%+50%-50%-25%0%+25%FTG420770688609LBIRDVPG0018200653502355002449301517370762692316002134804200218930069167826683688307.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Jiaxing ZMAX Optech is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%20×40×FTG420770688609LBIRDVPG001820235537076269SMOP6782688307.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jiaxing ZMAX Optech is the large dot.

Jiaxing ZMAX Optech competitors and peer comparison

How Jiaxing ZMAX Optech 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.

Jiaxing ZMAX Optech against its 20 peers (data as of 6 Nov 2026)
Measure688307.SSPeer medianRank in peer set
1-month return-25.0%-11.3%8th lowest of 21
6-month return-51.0%-18.8%3rd lowest of 21
Distance from 52-week high-69.0%-43.7%4th lowest of 21
Revenue growth (TTM)+59.0%+17.7%2nd highest of 21
Operating margin6.8%3.2%8th highest of 21
Forward P/E25.7×27.9×5th cheapest of 14
ROIC minus cost of capital-5.5 pp-4.8 pp10th lowest of 21
EV / EBITDA36.3×25.2×4th most expensive of 13
Net debt / EBITDA0.4×0.1×6th most indebted of 13

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
Jiaxing ZMAX Optech 688307.SSChina$584M-51%+59%7%25.7×n/an/a
Firan Technology FTG.TOCanada$585M+55%+17%12%27.9×24.6%+13.0%
GigaVis 420770.KSSouth Korea$583M-40%+176%26%25.1×34.7%-5.1%
Unionman Technology 688609.SSChina$586M-26%+18%-1%8.8×45.5%+3.4%
Lumibird LBIRD.PAFrance$589M-4%+8%11%26.9×18.6%+12.2%
Vishay Precision VPGUnited States$589M-34%+12%2%31.9×52.2%+2.6%
Samwha Capacitor 001820.KSSouth Korea$590M+16%+1%5%29.2×39.1%+4.0%
Shinsung Delta Tech 065350.KSSouth Korea$572M-51%+10%3%n/an/an/a
Chin-Poon Industrial 2355.TWTaiwan$568M-9%+1%4%23.3×7.2%+0.6%
Foshan Nationstar Optoelectronics 002449.SZChina$557M-24%-17%-6%n/an/an/a
Shaanxi Huada Science Technology 301517.SZChina$554M-54%-9%-26%n/an/an/a
Episil Technologies 3707.TWOTaiwan$616M-33%+23%-3%50.9×n/an/a
Flexium Interconnect 6269.TWTaiwan$617M-5%+1%-34%52.0×n/an/a
WUS Printed Circuit 2316.TWTaiwan$549M-15%+24%-11%n/an/an/a
Tianjin Printronics Circuit 002134.SZChina$628M-34%+31%6%n/an/an/a
Taiwan Chinsan Electronic Industrial 8042.TWOTaiwan$541M+82%+22%7%32.7×n/an/a
Smartoptics SMOP.OLNorway$530M-8%+45%14%42.5×15.2%+19.1%
Costar 002189.SZChina$642M-22%+18%-14%n/an/an/a
Union Optech 300691.SZChina$650M-16%+13%0%n/an/an/a
Visco Vision 6782.TWTaiwan$523M+23%+23%29%13.1×n/an/a
Keystone Microtech 6683.TWOTaiwan$652M-70%+25%27%26.7×26.2%+11.7%

Questions

Which companies are Jiaxing ZMAX Optech's closest peers?
The cockpit's peer set: Firan Technology (FTG.TO), GigaVis (420770.KS), Unionman Technology (688609.SS), Lumibird (LBIRD.PA), Vishay Precision (VPG), Samwha Capacitor (001820.KS), Shinsung Delta Tech (065350.KS), Chin-Poon Industrial (2355.TW).
Is Jiaxing ZMAX Optech expensive compared with its peers?
On forward p/e it trades at 25.7× against a peer median of 27.9×, 5th cheapest of 14 in its peer set.
How has Jiaxing ZMAX Optech stock performed?
Over six months to 6 Nov 2026 the shares returned -51.0% against -18.8% for the median peer; over one year +15.2%.

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.