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Chinese maker of handheld and automated 3D scanners used for industrial reverse engineering, inspection and metrology.
Chinese maker of handheld and automated 3D scanners used for industrial reverse engineering, inspection and metrology.
Sells the scanners as capital equipment priced per unit, with measuring software bundled in, so sales follow manufacturers' spending on quality control and product development.
In one line: A China-focused FARO/Artec 3D.
Moat: narrow (IP / patents, process know-how). Optical scanning accuracy and calibration know-how differentiate scanners from lower-end rivals.
Headquarters: Hangzhou, Zhejiang, China · Employees: 569
Size Scantech (Hangzhou) (688583.SS) is a China Information Technology company (Computer Peripherals) with a market value of $1.31B, the 1836th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥70.69 on 6 Nov 2026.
Performance Over six months the shares fell 20.3%, against -22.1% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 4.5% over the last twelve months (peer median +7.9%); the operating margin is 1.2% (peer median 2.0%).
Valuation It trades at 21.7× enterprise value to sales against a peer median of 4.0× (2nd most expensive of 21).
Capital Return on invested capital runs 16.7 points below its cost of capital (17.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥386M | CN¥370M | CN¥330M | CN¥268M | CN¥204M |
| Revenue growth | — | +12% | +23% | +32% | — |
| Gross profit | CN¥278M | CN¥268M | CN¥243M | CN¥203M | CN¥151M |
| EBITDA | n/a | CN¥65.8M | CN¥101M | CN¥87.4M | CN¥62.8M |
| Net income | CN¥37.3M | CN¥95.9M | CN¥121M | CN¥114M | CN¥77.6M |
| Free cash flow | -CN¥54.1M | CN¥21.3M | CN¥61.4M | CN¥88.6M | CN¥48.2M |
| Capital expenditure | CN¥73.2M | CN¥78.4M | CN¥43.2M | CN¥34.0M | CN¥47.1M |
| Total debt | CN¥105M | CN¥17.7M | CN¥14.9M | CN¥15.1M | CN¥10.6M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Scantech (Hangzhou) 688583.SS | $1.31B | -20% | +4% | 1% | 21.7× | n/a |
| Hexagon HEXA-B.ST | $29.4B | +14% | -20% | -14% | 6.0× | 9.1% |
| Skyverse Technology 688361.SS | $13.8B | +33% | +39% | -12% | 37.2× | 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 | 688583.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.9% | -8.8% | 9th highest of 21 |
| 6-month return | -20.3% | -22.1% | 9th highest of 21 |
| Distance from 52-week high | -42.8% | -41.7% | 11th highest of 21 |
| Revenue growth (TTM) | +4.5% | +7.9% | 9th lowest of 21 |
| Operating margin | 1.2% | 2.0% | 11th highest of 21 |
| EV / Sales | 21.7× | 4.0× | 2nd most expensive of 21 |
| ROIC minus cost of capital | -16.7 pp | -3.9 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Scantech (Hangzhou) 688583.SS | China | $1.31B | -20% | +4% | 1% | 21.7× | n/a | n/a |
| NSFOCUS Technologies 300369.SZ | China | $1.29B | +45% | +8% | -4% | 3.4× | 38.1% | +4.9% |
| Visionox Technology 002387.SZ | China | $1.35B | -20% | -1% | -35% | 4.9× | 50.6% | +18.9% |
| Hua Ying Technology (Group) 000536.SZ | China | $1.27B | -23% | -13% | -54% | 9.4× | 47.9% | -8.6% |
| FIH Mobile 2038.HK | Hong Kong | $1.24B | -51% | +17% | 1% | 0.0× | -11.2% | -5.6% |
| Toyou Feiji Electronics 300302.SZ | China | $1.49B | -24% | +5% | -15% | 25.6× | n/a | n/a |
| Nancal Technology 603859.SS | China | $1.49B | -5% | +10% | 12% | 5.6× | n/a | n/a |
| InfoVision Optoelectronics (Kunshan) 688055.SS | China | $1.56B | -23% | -24% | -19% | 5.8× | n/a | n/a |
| Global Brands Manufacture 6191.TW | Taiwan | $1.09B | -28% | +49% | 8% | 1.2× | n/a | n/a |
| Elecom 6750.T | Japan | $1.07B | +14% | +15% | 12% | 0.8× | -9.4% | +4.3% |
| Chengdu Galaxy Magnets 300127.SZ | China | $1.06B | -30% | +29% | 21% | 6.2× | 25.3% | +7.4% |
| Plover Bay Technologies 1523.HK | Hong Kong | $959M | -22% | +16% | 42% | 6.5× | 3.8% | +19.9% |
| Hitevision 002955.SZ | China | $928M | +2% | -2% | 3% | 1.6× | n/a | n/a |
| Mirle Automation 2464.TW | Taiwan | $928M | +19% | -4% | 1% | 4.2× | n/a | n/a |
| Beijing Certificate Authority 300579.SZ | China | $912M | -15% | -11% | -11% | 6.6× | 29.0% | -0.4% |
| Ai Holdings Corporation 3076.T | Japan | $885M | +10% | +28% | 13% | 1.0× | -6.9% | +13.0% |
| Chicony Electronics 2385.TW | Taiwan | $1.96B | -31% | -8% | 7% | 0.6× | -9.6% | +0.1% |
| ShunSin Technology 6451.TW | Taiwan | $866M | -53% | +8% | 4% | 4.2× | n/a | n/a |
| Beijing Dahao Technology 603025.SS | China | $2.04B | -25% | +23% | 29% | 3.9× | 7.4% | +29.2% |
| Tianma Microelectronics 000050.SZ | China | $2.05B | -27% | -3% | -1% | 1.2× | -6.2% | +4.4% |
| Shandong New Beiyang Information Technology 002376.SZ | China | $794M | -9% | +21% | 0% | 1.9× | 23.8% | +3.1% |