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← CockpitCompetitor Analysis › 688627.SS Shenzhen SEICHI Technologies Co., Ltd. Class AOpen in the cockpit ↗

Shenzhen SEICHI Technologies Co., Ltd. Class A688627.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Electronic Equipment/Instruments

Chinese maker of testing equipment for new display devices (OLED/AMOLED) and semiconductor memory.

≈ A niche China-based Advantest/Onto Innovation for display & memory testMomentum laggard 1
Mkt cap
$3.37B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$205M
20-day average traded
Fwd P/E
89.1×
forward earnings
ROIC−WACC
-12.5 pp
WACC 16.8%
Hurdle
n/a
no reverse DCF
Next earnings
171 days
26 Apr 2027
Close · CNYCN¥224.00
1D-7.5%
1W+3.9%
1M-44.2%
3M-39.8%
6M-23.6%
YTD+0.2%
1Y+44.1%
ATR %13.2%
52w lowhigh69.6% off high

What Shenzhen SEICHI Technologies does

Chinese maker of testing equipment for new display devices (OLED/AMOLED) and semiconductor memory.

In one line: A niche China-based Advantest/Onto Innovation for display & memory test.

Products and services

  • Display optical/touch/aging test systems
  • Memory wafer & packaging test systems
  • AMOLED field test equipment

Customers

  • Chinese display panel makers
  • Memory chip makers/OSATs

Where it sits in the supply chain

  • Electronics test equipment
  • Display & memory test
  • Optical/touch/aging test systems

What could go right

  • China panel/memory localization driving domestic test-tool demand

What could go wrong

  • Customer concentration in cyclical display/memory capex

Moat: narrow (customer qualification, process know-how). Recognized 'little giant' specialist tool qualified into display and memory production lines.

Headquarters: Shenzhen, China · Founded: 2011 · Employees: 818

Named competitors

Shenzhen SEICHI Technologies at a glance

Size Shenzhen SEICHI Technologies (688627.SS) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $3.37B, the 768th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥224.00 on 6 Nov 2026.

Performance Over six months the shares fell 23.6%, against -20.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 20 in its peer set.

Growth Revenue grew 64.9% over the last twelve months (peer median +5.2%); the operating margin is 3.3% (peer median 11.7%).

Valuation It trades at 89.1× forward earnings against a peer median of 23.8× (2nd most expensive of 17).

Capital Return on invested capital runs 12.5 points below its cost of capital (16.8% WACC).

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

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026Peer median 79688627.SS 74
Six months, rebased to 100: Shenzhen SEICHI Technologies against the median of its 20 peers (local-currency closes).

Shenzhen SEICHI Technologies financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.63BCN¥1.12BCN¥800MCN¥646MCN¥503M
Revenue growth—+40%+24%+28%—
Gross profitCN¥690MCN¥383MCN¥246MCN¥234MCN¥178M
EBITDAn/aCN¥82.4MCN¥62.5MCN¥82.4MCN¥52.1M
Net incomeCN¥80.6MCN¥65.4MCN¥80.2MCN¥116MCN¥66.1M
Free cash flow-CN¥247MCN¥93,900CN¥9.71M-CN¥24.5M-CN¥48.1M
Capital expenditureCN¥119MCN¥131MCN¥23.1MCN¥17.0MCN¥15.3M
Total debtCN¥171MCN¥106MCN¥56.4MCN¥69.1MCN¥70.9M

Quarterly statements and history in the cockpit →

Shenzhen SEICHI Technologies 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%-40%-20%0%+20%00215277500005476008483007633406002335ONT688167ITRI6887856880014980VAIASIFCN300827603662NOVT688627.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Shenzhen SEICHI Technologies is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%0×100×200×300×00215277506008483007633406002335688167601567688001300827688627.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shenzhen SEICHI Technologies is the large dot.

Shenzhen SEICHI Technologies competitors and peer comparison

Head to head with its named competitors (688627.SS vs ONTO vs 2360.TW vs 688001.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shenzhen SEICHI Technologies 688627.SS$3.37B-24%+65%3%89.1×n/a
ONTO ONTO$8.50B-39%+8%20%16.9×29.4%
Chroma Ate 2360.TW$15.4B-46%+101%39%18.5×19.3%
Suzhou HYC Technology 688001.SS$2.59B-31%+19%6%61.1×37.6%
Skyverse Technology 688361.SS$13.8B+33%+39%-12%563.2×n/a

How Shenzhen SEICHI Technologies 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.

Shenzhen SEICHI Technologies against its 20 peers (data as of 6 Nov 2026)
Measure688627.SSPeer medianRank in peer set
1-month return-44.2%-8.7%lowest of 21
6-month return-23.6%-20.5%10th lowest of 20
Distance from 52-week high-69.6%-43.4%lowest of 21
Revenue growth (TTM)+64.9%+5.2%highest of 21
Operating margin3.3%11.7%6th lowest of 21
Forward P/E89.1×23.8×2nd most expensive of 17
ROIC minus cost of capital-12.5 pp-0.8 pp5th lowest of 21

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
Shenzhen SEICHI Technologies 688627.SSChina$3.37B-24%+65%3%89.1×n/an/a
GRG Banking Equipment 002152.SZChina$3.26B-25%0%9%23.0×4.0%+13.5%
Syntec Technology 7750.TWTaiwan$3.15B-46%+60%25%13.2×17.2%+24.3%
Addsino 000547.SZChina$3.02B-49%-6%-54%n/an/an/a
Shanghai Lingang 600848.SSChina$3.00B-9%-26%15%19.4×12.9%+15.1%
Ginlong Technologies 300763.SZChina$2.98B-47%+4%11%19.2×10.0%+27.2%
GeniuS Electronic Optical 3406.TWTaiwan$2.81B+59%+16%20%20.1×5.9%+9.5%
Kehua Data 002335.SZChina$2.81B-41%+5%5%31.4×16.7%+14.4%
CIQTEK 688828.SSChina$4.17Bn/a+33%-5%n/an/an/a
Oxford Nanopore Technologies ONT.LUnited Kingdom$2.71B+75%+15%-55%n/an/an/a
Focuslight Technologies 688167.SSChina$2.71B-44%+22%-9%284.8×n/an/a
Ningbo Sanxing Medical Electric 601567.SSChina$2.66B-37%-11%3%15.8×4.8%+15.1%
Itron ITRIUnited States$4.32B+20%-4%14%14.5×9.2%+1.7%
Shenzhen CSL Vacuum Science & Technology 688785.SSChina$2.62B-21%-2%18%n/an/an/a
Suzhou HYC Technology 688001.SSChina$2.59B-31%+19%6%61.1×37.6%+5.9%
Dexerials 4980.TJapan$2.55B-4%+5%35%13.8×15.0%+11.6%
Vaisala VAIAS.HEFinland$2.54B+22%+2%16%26.9×9.7%+9.5%
INFICON IFCN.SWSwitzerland$4.51B0%-2%17%32.8×19.7%+8.4%
Sineng Electric 300827.SZChina$2.35B-25%+29%12%24.7×n/an/a
Keli Sensing Technology (Ningbo) 603662.SSChina$2.28B-4%+24%19%51.6×24.7%+13.4%
Novanta NOVTUnited States$5.11B-2%+8%12%33.9×33.5%+10.7%

Questions

Who are Shenzhen SEICHI Technologies's main competitors?
Named competitors: Onto Innovation (ONTO), Chroma ATE (2360.TW), Suzhou HYC Technology (688001.SS), Skyverse Technology (688361.SS). The cockpit's measured peer set (industry) also includes GRG Banking Equipment (002152.SZ), Syntec Technology (7750.TW), Addsino (000547.SZ), Shanghai Lingang (600848.SS), Ginlong Technologies (300763.SZ), GeniuS Electronic Optical (3406.TW).
Is Shenzhen SEICHI Technologies expensive compared with its peers?
On forward p/e it trades at 89.1× against a peer median of 23.8×, 2nd most expensive of 17 in its peer set.
How has Shenzhen SEICHI Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -23.6% against -20.5% for the median peer; over one year +44.1%.

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.