Chinese maker of industrial 3D printers using laser powder-bed fusion for plastics and metals.
Chinese maker of industrial 3D printers using laser powder-bed fusion for plastics and metals.
Is paid mainly for machines, a one-off sale per system, so orders are lumpy and follow customers' investment cycles, with smaller recurring income from powders, spare parts and servicing. It sells overseas through subsidiaries in North America, Europe and Asia, and makes systems for both polymer and metal printing.
In one line: A Chinese EOS/3D Systems for industrial additive manufacturing.
Moat: narrow (IP / patents, process know-how). Proprietary laser-sintering technology and large build-volume systems differentiate it from smaller rivals.
Headquarters: Changsha, China · Founded: 2009 · Employees: 737
Size Farsoon Technologies (688433.SS) is a China Industrials company (Wholesale Distributors) with a market value of $3.76B, the 686th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥60.27 on 6 Nov 2026.
Performance Over six months the shares fell 24.0%, against -2.3% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 51.8% over the last twelve months (peer median +9.6%); the operating margin is 4.7% (peer median 6.5%).
Valuation It trades at 234.8× forward earnings against a peer median of 17.1× (most expensive of 20).
Capital Return on invested capital runs 13.4 points below its cost of capital (16.1% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥827M | CN¥714M | CN¥490M | CN¥603M | CN¥455M |
| Revenue growth | — | +46% | -19% | +33% | — |
| Gross profit | CN¥384M | CN¥289M | CN¥220M | CN¥298M | CN¥231M |
| EBITDA | n/a | CN¥73.6M | CN¥49.6M | CN¥126M | CN¥99.0M |
| Net income | CN¥74.0M | CN¥69.0M | CN¥67.2M | CN¥131M | CN¥99.2M |
| Free cash flow | -CN¥155M | -CN¥17.0M | -CN¥212M | -CN¥166M | -CN¥9.16M |
| Capital expenditure | CN¥119M | CN¥97.6M | CN¥246M | CN¥151M | CN¥107M |
| Total debt | CN¥256M | CN¥136M | CN¥73.0M | CN¥76.6M | CN¥67.1M |
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 |
|---|---|---|---|---|---|---|
| Farsoon Technologies 688433.SS | $3.76B | -24% | +52% | 5% | 234.8× | n/a |
| 3D Systems DDD | n/a | -29% | n/a | n/a | n/a | n/a |
| Stratasys SSYS | $565M | -25% | -3% | -14% | 45.9× | n/a |
| Xi'an Bright Laser Technologies 688333.SS | $3.22B | -11% | +12% | 6% | 69.2× | n/a |
| Nano Dimension Ltd Sponsored ADR NNDM | n/a | -16% | n/a | n/a | n/a | n/a |
| HP Inc. HPQ | $25.7B | +27% | +9% | 7% | 9.5× | -7.0% |
| Velo3D VELO | n/a | -59% | n/a | n/a | n/a | n/a |
| Nikon 7731.T | $3.17B | -12% | -4% | -2% | 45.4× | n/a |
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 | 688433.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.1% | -4.6% | 4th lowest of 21 |
| 6-month return | -24.0% | -2.3% | 4th lowest of 21 |
| Distance from 52-week high | -53.6% | -22.2% | lowest of 21 |
| Revenue growth (TTM) | +51.8% | +9.6% | 2nd highest of 21 |
| Operating margin | 4.7% | 6.5% | 6th lowest of 21 |
| Forward P/E | 234.8× | 17.1× | most expensive of 20 |
| ROIC minus cost of capital | -13.4 pp | +1.2 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Farsoon Technologies 688433.SS | China | $3.76B | -24% | +52% | 5% | 234.8× | n/a | n/a |
| Wuchan Zhongda 600704.SS | China | $3.86B | 0% | +3% | 1% | 7.2× | -2.5% | +8.1% |
| Gibson Energy GEI.TO | Canada | $3.87B | +13% | +26% | 3% | 19.5× | 6.4% | +16.7% |
| Rubis SCA RUI.PA | France | $4.10B | 0% | +11% | 7% | 10.3× | 3.1% | +10.9% |
| Macnica 3132.T | Japan | $3.23B | +8% | +35% | 4% | 11.8× | n/a | n/a |
| Russel Metals RUS.TO | Canada | $2.98B | +36% | +18% | 5% | 14.4× | 8.7% | +11.5% |
| Nagase & 8012.T | Japan | $2.96B | -9% | +8% | 5% | 10.9× | 3.5% | +3.2% |
| Groupe Dynamite GRGD.TO | Canada | $4.79B | -33% | +37% | 32% | 17.6× | 22.8% | n/a |
| RS Group PLC RS1.L | United Kingdom | $4.85B | +33% | -1% | 8% | 18.6× | 15.1% | +7.5% |
| SiteOne Landscape Supply SITE | United States | $4.86B | -7% | +3% | 5% | 24.4× | 18.4% | +11.7% |
| Inchcape INCH.L | United Kingdom | $2.87B | -21% | +7% | 6% | 7.5× | -6.0% | +5.9% |
| Jiangsu Azure 002245.SZ | China | $2.82B | -21% | +27% | 12% | 14.6× | 11.8% | +13.8% |
| Marco Polo 001386.SZ | China | $2.80B | -15% | -12% | 21% | n/a | -7.2% | -5.5% |
| IWATANI 8088.T | Japan | $2.73B | -4% | +5% | 5% | 7.6× | 4.3% | +10.1% |
| Hdhms 443060.KS | South Korea | $5.28B | -39% | +20% | 16% | 23.0× | 3.0% | +14.5% |
| Xinhua Winshare Publishing & Media 0811.HK | Hong Kong | $2.60B | -15% | +1% | 7% | 6.6× | -10.6% | +4.7% |
| Workman 7564.T | Japan | $2.57B | -31% | +21% | 19% | 17.1× | 4.6% | +8.7% |
| Bufab BUFAB.ST | Sweden | $2.55B | +16% | +8% | 13% | 29.2× | 18.7% | +11.2% |
| Boise Cascade BCC | United States | $2.44B | -1% | +1% | 3% | 24.1× | 7.7% | +3.2% |
| DNOW DNOW | United States | $2.40B | +2% | +70% | -3% | 23.6× | 9.8% | +11.7% |
| OEM International OEM-B.ST | Sweden | $2.34B | +11% | +11% | 15% | 29.9× | 14.6% | +10.1% |