Which companies are SBT Ultrasonic Technology's closest peers?

The cockpit's peer set: EMTEK (Shenzhen) (300938.SZ), Beijing Haitian Ruisheng Science Technology (688787.SS), Shenzhen Aoni Electronic (301189.SZ), China East Education (0667.HK), Naruida Technology (688522.SS), Resolute Holdings Management (RHLD), FESCO (600861.SS), Jadard Technology (688252.SS).

Is SBT Ultrasonic Technology expensive compared with its peers?

On forward p/e it trades at 52.9× against a peer median of 21.3×, 3rd most expensive of 17 in its peer set.

How has SBT Ultrasonic Technology stock performed?

Over six months to 6 Nov 2026 the shares returned -19.5% against -10.8% for the median peer; over one year +0.1%.

← CockpitCompetitor Analysis › 688392.SS SBT Ultrasonic Technology Co., Ltd. Class AOpen in the cockpit ↗

SBT Ultrasonic Technology Co., Ltd. Class A688392.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Miscellaneous Commercial Services

Chinese maker of ultrasonic equipment, likely for industrial cleaning, welding or processing applications.

Momentum weak 36

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.16B

US dollars, full cap

Free float

52%

of shares outstanding

$/day

$59.1M

20-day average traded

Fwd P/E

52.9×

forward earnings

ROIC−WACC

-1.9 pp

WACC 12.4%

Hurdle

n/a

no reverse DCF

Next earnings

171 days

26 Apr 2027

Close · CNYCN¥112.60

1D-2.8%

1W+14.3%

1M-25.1%

3M-3.1%

6M-19.5%

YTD+0.4%

1Y+0.1%

ATR %9.1%

52w lowhigh54.6% off high

What SBT Ultrasonic Technology does

Chinese maker of ultrasonic equipment, likely for industrial cleaning, welding or processing applications.

Products and services

Ultrasonic equipment

Customers

Manufacturers needing precision cleaning/welding

Where it sits in the supply chain

Industrial equipment
Ultrasonic technology
Cleaning/welding/processing equipment

Moat: none

Headquarters: China · Employees: 952

SBT Ultrasonic Technology at a glance

Size SBT Ultrasonic Technology (688392.SS) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $1.16B, the 2030th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥112.60 on 6 Nov 2026.

Performance Over six months the shares fell 19.5%, against -10.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue grew 42.0% over the last twelve months (peer median +8.6%); the operating margin is 17.0% (peer median 9.1%).

Valuation It trades at 52.9× forward earnings against a peer median of 21.3× (3rd most expensive of 17).

Capital Return on invested capital runs 1.9 points below its cost of capital (12.4% WACC).

Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).

Relative performance

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

SBT Ultrasonic Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥990M	CN¥768M	CN¥580M	CN¥522M	CN¥521M
Revenue growth	—	+32%	+11%	0%	—
Gross profit	CN¥619M	CN¥469M	CN¥313M	CN¥278M	CN¥264M
EBITDA	n/a	CN¥114M	CN¥45.5M	CN¥35.9M	CN¥96.5M
Net income	CN¥180M	CN¥118M	CN¥85.9M	CN¥66.5M	CN¥111M
Free cash flow	-CN¥113M	-CN¥24.0M	-CN¥173M	-CN¥7.10M	-CN¥26.7M
Capital expenditure	CN¥256M	CN¥117M	CN¥134M	CN¥34.1M	CN¥34.3M
Total debt	CN¥321M	CN¥252M	CN¥268M	CN¥271M	CN¥177M

Quarterly statements and history in the cockpit →

SBT Ultrasonic Technology 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. SBT Ultrasonic Technology is the large dot.

Fundamentals: revenue growth against valuation

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

SBT Ultrasonic Technology competitors and peer comparison

How SBT Ultrasonic Technology 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.

SBT Ultrasonic Technology against its 20 peers (data as of 6 Nov 2026)
Measure	688392.SS	Peer median	Rank in peer set
1-month return	-25.1%	+2.1%	2nd lowest of 21
6-month return	-19.5%	-10.8%	7th lowest of 21
Distance from 52-week high	-54.6%	-34.8%	2nd lowest of 21
Revenue growth (TTM)	+42.0%	+8.6%	2nd highest of 21
Operating margin	17.0%	9.1%	4th highest of 21
Forward P/E	52.9×	21.3×	3rd most expensive of 17
ROIC minus cost of capital	-1.9 pp	+1.6 pp	9th 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
SBT Ultrasonic Technology 688392.SS	China	$1.16B	-19%	+42%	17%	52.9×	n/a	n/a
EMTEK (Shenzhen) 300938.SZ	China	$1.16B	-44%	+11%	27%	33.1×	n/a	n/a
Beijing Haitian Ruisheng Science Technology 688787.SS	China	$1.17B	-1%	+34%	4%	163.5×	n/a	n/a
Shenzhen Aoni Electronic 301189.SZ	China	$1.18B	-17%	+139%	2%	n/a	n/a	n/a
China East Education 0667.HK	Hong Kong	$1.18B	-18%	+16%	22%	8.4×	-6.1%	+4.1%
Naruida Technology 688522.SS	China	$1.14B	-28%	+20%	14%	22.0×	n/a	n/a
Resolute Holdings Management RHLD	United States	$1.20B	+39%	+10%	9%	n/a	26.0%	n/a
FESCO 600861.SS	China	$1.11B	-18%	+4%	1%	10.4×	n/a	n/a
Jadard Technology 688252.SS	China	$1.22B	-12%	+6%	12%	23.8×	13.3%	+31.3%
Vcanbio Cell & Gene Engineering 600645.SS	China	$1.23B	-32%	-6%	12%	45.0×	11.0%	+1.9%
Shanxi Huaxiang 603112.SS	China	$1.24B	-26%	+9%	11%	12.1×	1.4%	+16.2%
CRA International CRAI	United States	$1.24B	+42%	+11%	10%	22.4×	n/a	n/a
Prosegur Cash CASH.MC	Spain	$1.09B	+5%	-5%	11%	9.6×	-13.0%	+5.7%
BrightView BV	United States	$1.08B	-10%	+1%	4%	20.6×	n/a	n/a
Beijing Cuiwei Tower 603123.SS	China	$1.07B	-23%	-12%	-18%	n/a	n/a	n/a
Shanghai MicroPort EP Medtech 688351.SS	China	$1.27B	-23%	+20%	3%	135.2×	41.7%	+26.7%
Smartgroup SIQ.AX	Australia	$1.06B	+1%	+10%	37%	16.8×	-0.5%	+8.8%
Bajaj Mobility BMAG.SW	Switzerland	$1.28B	+86%	-47%	-44%	10.4×	n/a	n/a
Neurones NRO.PA	France	$1.04B	+5%	+7%	9%	17.1×	-8.3%	+10.3%
Graincorp GNC.AX	Australia	$1.02B	+9%	-2%	0%	46.7×	n/a	n/a
Suzhou Novoprotein Scientific 688137.SS	China	$1.33B	+161%	+8%	-62%	n/a	n/a	n/a

Questions

Which companies are SBT Ultrasonic Technology's closest peers?: The cockpit's peer set: EMTEK (Shenzhen) (300938.SZ), Beijing Haitian Ruisheng Science Technology (688787.SS), Shenzhen Aoni Electronic (301189.SZ), China East Education (0667.HK), Naruida Technology (688522.SS), Resolute Holdings Management (RHLD), FESCO (600861.SS), Jadard Technology (688252.SS).
Is SBT Ultrasonic Technology expensive compared with its peers?: On forward p/e it trades at 52.9× against a peer median of 21.3×, 3rd most expensive of 17 in its peer set.
How has SBT Ultrasonic Technology stock performed?: Over six months to 6 Nov 2026 the shares returned -19.5% against -10.8% for the median peer; over one year +0.1%.