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Chinese maker of test-and-measurement instruments such as multimeters and oscilloscopes.
Chinese maker of test-and-measurement instruments such as multimeters and oscilloscopes.
Sells test instruments largely through distributors, aiming at the lower-priced end of the market against global brands, so price and breadth of range matter. Multimeters and other handheld tools are the volume lines, while oscilloscopes serve a smaller, more technical group.
In one line: A smaller, China-based Fluke/Tektronix.
Moat: narrow (brand, distribution). Established brand and distribution among China's electronics and electrical trades.
Headquarters: Shanghai, China · Employees: 1,651
Size Uni-Trend Technology (China) (688628.SS) is a China Information Technology company (Electronic Equipment/Instruments) with a market value of $1.07B, the 2170th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥63.61 on 6 Nov 2026.
Performance Over six months the shares fell 34.4%, against -17.7% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 32.6% over the last twelve months (peer median +7.3%); the operating margin is 15.1% (peer median 7.5%).
Valuation It trades at 29.1× forward earnings against a peer median of 21.1× (7th most expensive of 16).
Capital Return on invested capital runs 0.6 points above its cost of capital (14.4% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.59B | CN¥1.21B | CN¥1.12B | CN¥1.01B | CN¥883M |
| Revenue growth | — | +8% | +11% | +14% | — |
| Gross profit | CN¥730M | CN¥495M | CN¥484M | CN¥417M | CN¥299M |
| EBITDA | n/a | CN¥196M | CN¥218M | CN¥191M | CN¥141M |
| Net income | CN¥226M | CN¥151M | CN¥183M | CN¥161M | CN¥117M |
| Free cash flow | -CN¥87.7M | -CN¥33.8M | CN¥67.8M | CN¥90.3M | -CN¥3.53M |
| Capital expenditure | CN¥142M | CN¥84.4M | CN¥126M | CN¥128M | CN¥106M |
| Total debt | CN¥121M | CN¥98.1M | CN¥137M | CN¥51.8M | CN¥12.5M |
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 |
|---|---|---|---|---|---|---|
| Uni-Trend Technology (China) 688628.SS | $1.07B | -34% | +33% | 15% | 29.1× | n/a |
| Rigol Technologies 688337.SS | $990M | -45% | +27% | 9% | 51.4× | 24.5% |
| Fortive FTV | $19.5B | +8% | -22% | 20% | 20.0× | 17.2% |
| Keysight Technologies KEYS | $46.3B | -24% | +26% | 24% | 20.3× | 20.9% |
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 | 688628.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.9% | -8.0% | 6th lowest of 21 |
| 6-month return | -34.4% | -17.7% | 6th lowest of 21 |
| Distance from 52-week high | -47.0% | -40.5% | 6th lowest of 21 |
| Revenue growth (TTM) | +32.6% | +7.3% | 4th highest of 21 |
| Operating margin | 15.1% | 7.5% | 3rd highest of 21 |
| Forward P/E | 29.1× | 21.1× | 7th most expensive of 16 |
| ROIC minus cost of capital | +0.6 pp | -1.2 pp | 7th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Uni-Trend Technology (China) 688628.SS | China | $1.07B | -34% | +33% | 15% | 29.1× | n/a | n/a |
| Henan Yicheng New Energy 300080.SZ | China | $1.05B | -17% | -13% | -21% | n/a | n/a | n/a |
| Asia Optical 3019.TW | Taiwan | $1.04B | -14% | +13% | 10% | 16.2× | 0.1% | +10.9% |
| Shenzhen Clou Electronics 002121.SZ | China | $1.11B | -36% | +40% | -5% | 29.5× | n/a | n/a |
| Ventec International 6672.TW | Taiwan | $1.15B | +110% | +20% | 13% | 30.6× | n/a | n/a |
| Kinpo Electronics 2312.TW | Taiwan | $1.16B | -8% | -7% | 3% | n/a | n/a | n/a |
| Camelot Electronics Technology 301282.SZ | China | $992M | +12% | +58% | 7% | n/a | n/a | n/a |
| Rigol Technologies 688337.SS | China | $990M | -45% | +27% | 9% | 51.4× | 24.5% | +20.5% |
| Wuxi Xinje Electric 603416.SS | China | $984M | -22% | +26% | 9% | 21.1× | 19.8% | +12.2% |
| Wuhan East Lake High Technology 600133.SS | China | $1.17B | -18% | -3% | 8% | n/a | n/a | n/a |
| Henan Thinker Automatic Equipment 603508.SS | China | $1.18B | -20% | -1% | 39% | 9.1× | -3.9% | +12.6% |
| Park Systems 140860.KS | South Korea | $965M | -35% | -6% | 12% | 30.3× | n/a | n/a |
| Suzhou Sushi Testing 300416.SZ | China | $957M | -26% | +8% | 15% | 23.0× | 2.6% | +13.7% |
| Transcat TRNS | United States | $955M | +33% | +20% | 5% | 45.0× | 30.3% | +13.9% |
| Hunan Zhongke Electric 300035.SZ | China | $1.22B | -42% | +46% | 5% | 20.6× | n/a | n/a |
| Riken Keiki 7734.T | Japan | $930M | -7% | +11% | 22% | 13.8× | 2.6% | +11.4% |
| GVS S.p.A GVS.MI | Italy | $1.24B | +35% | -1% | 12% | 20.7× | 14.3% | +3.2% |
| OKI Electric Industry 6703.T | Japan | $1.24B | -32% | -4% | 4% | 11.3× | 10.1% | +1.4% |
| Sidea Semiconductor Equipment (Shenzhen) 301629.SZ | China | $924M | -39% | -27% | 0% | 147.2× | n/a | n/a |
| Jiangsu Wuyang Automation Control Technology 300420.SZ | China | $921M | +51% | -10% | 5% | n/a | n/a | n/a |
| Toshiba Tec 6588.T | Japan | $918M | -2% | +7% | 3% | 11.3× | n/a | n/a |