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Maker of 3D depth-sensing cameras and machine-vision modules used in robotics, AR/VR and industrial scanning.
Maker of 3D depth-sensing cameras and machine-vision modules used in robotics, AR/VR and industrial scanning.
Designs its depth-sensing chips, cameras and software and sells them as components that other companies build into robots, headsets and scanners, so sales follow the volume of those customers' product launches. It listed on Shanghai's STAR Market in 2022.
In one line: A 3D-vision specialist akin to the discontinued Intel RealSense.
Moat: narrow (IP / patents, process know-how). Early domestic leader in 3D depth-sensing technology, a technically specialised hardware niche.
Headquarters: Shenzhen, China · Founded: 2013 · Employees: 888
Size Orbbec (688322.SS) is a China Information Technology company (Electronic Components) with a market value of $6.73B, the 364th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥109.05 on 6 Nov 2026.
Performance Over six months the shares gained 37.0%, against -14.7% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 1.2% over the last twelve months (peer median +28.2%); the operating margin is -0.4% (peer median 11.2%).
Valuation It trades at 202.4× forward earnings against a peer median of 22.7× (most expensive of 19).
Capital Return on invested capital runs 7.5 points below its cost of capital (8.4% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥938M | CN¥935M | CN¥562M | CN¥358M | CN¥349M |
| Revenue growth | — | +67% | +57% | +3% | — |
| Gross profit | CN¥465M | CN¥369M | CN¥191M | CN¥103M | CN¥102M |
| EBITDA | n/a | CN¥96.9M | -CN¥87.2M | -CN¥268M | -CN¥370M |
| Net income | CN¥93.8M | CN¥128M | -CN¥62.9M | -CN¥276M | -CN¥290M |
| Free cash flow | -CN¥84.8M | CN¥40.3M | -CN¥273M | -CN¥315M | -CN¥233M |
| Capital expenditure | CN¥98.3M | CN¥63.1M | CN¥203M | CN¥176M | CN¥154M |
| Total debt | CN¥115M | CN¥150M | CN¥176M | CN¥181M | CN¥53.0M |
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 |
|---|---|---|---|---|---|---|
| Orbbec 688322.SS | $6.73B | +37% | +1% | 0% | 202.4× | n/a |
| Sony 6758.T | $156B | +33% | +1% | 13% | 18.7× | 3.4% |
| Lumentum LITE | $48.9B | -40% | +103% | 23% | 18.8× | 41.7% |
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 | 688322.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +36.3% | -33.1% | highest of 21 |
| 6-month return | +37.0% | -14.7% | 2nd highest of 20 |
| Distance from 52-week high | -28.9% | -50.9% | 2nd highest of 21 |
| Revenue growth (TTM) | +1.2% | +28.2% | lowest of 21 |
| Operating margin | -0.4% | 11.2% | 2nd lowest of 21 |
| Forward P/E | 202.4× | 22.7× | most expensive of 19 |
| ROIC minus cost of capital | -7.5 pp | -1.8 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Orbbec 688322.SS | China | $6.73B | +37% | +1% | 0% | 202.4× | n/a | n/a |
| Jiangxi Redboard Technology 603459.SS | China | $6.70B | -4% | +36% | 17% | n/a | 53.4% | +36.1% |
| VICR VICR | United States | $6.78B | -43% | +41% | 25% | 25.9× | 46.0% | +6.6% |
| Tripod Technology 3044.TW | Taiwan | $6.57B | -15% | +21% | 19% | 10.7× | n/a | n/a |
| Shenzhen Fastprint Circuit Tech 002436.SZ | China | $6.54B | -7% | +26% | 6% | 57.3× | n/a | n/a |
| Advanced Fiber Resources Zhuhai 300620.SZ | China | $6.50B | -27% | +86% | 18% | 107.0× | n/a | n/a |
| TTM Technologies TTMI | United States | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% | +6.7% |
| Shenzhen Everwin Precision Technology 300115.SZ | China | $5.95B | -12% | +19% | 2% | 124.0× | n/a | n/a |
| Compeq Manufacturing 2313.TW | Taiwan | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% | +4.7% |
| Shenzhen Kinwong Electronic 3228.HK | Hong Kong | $7.87B | n/a | +40% | 12% | 15.8× | n/a | n/a |
| Founder Technology 600601.SS | China | $5.70B | -27% | +73% | 19% | 47.6× | n/a | n/a |
| Shengyi Electronics 688183.SS | China | $7.95B | -44% | +46% | 21% | 19.4× | n/a | n/a |
| Taiyo Yuden 6976.T | Japan | $5.63B | +4% | +6% | 6% | 28.8× | 47.0% | +3.4% |
| Taiwan Union Technology 6274.TWO | Taiwan | $8.21B | -26% | +87% | 23% | 13.9× | n/a | n/a |
| ITEQ 6213.TW | Taiwan | $5.45B | +75% | +16% | 9% | 16.6× | n/a | n/a |
| Lotes 3533.TW | Taiwan | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% | +14.3% |
| Dynamic Electronics 603175.SS | China | $5.37B | -15% | +15% | 5% | n/a | n/a | n/a |
| Innolux 3481.TW | Taiwan | $8.71B | +32% | +11% | 0% | 62.6× | 37.3% | -3.4% |
| Sunny Optical 2382.HK | Hong Kong | $8.92B | -3% | +20% | 8% | 14.8× | 4.9% | +1.9% |
| Sichuan Huafeng Technology 688629.SS | China | $4.85B | -49% | +46% | 9% | 87.5× | n/a | n/a |
| Wuhan Jingce Electronic 300567.SZ | China | $4.80B | -14% | +31% | 0% | 119.3× | n/a | n/a |