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Chinese maker of high-precision fiber lasers used in scientific, medical, industrial and semiconductor applications.
Chinese maker of high-precision fiber lasers used in scientific, medical, industrial and semiconductor applications.
Moat: narrow (process know-how, IP / patents). Precision laser design know-how differentiates it in a technically demanding, higher-margin laser niche.
Headquarters: Shanghai, China · Employees: 516
Size Shanghai Precilasers Technology (688826.SS) is a China Information Technology company (Electronic Components) with a market value of $3.27B, the 794th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥545.45 on 6 Nov 2026.
Growth Revenue grew 43.0% over the last twelve months (peer median +18.9%); the operating margin is 40.3% (peer median 9.6%).
Valuation It trades at 47.4× enterprise value to sales against a peer median of 3.8× (most expensive of 21).
Capital Return on invested capital runs 34.0 points above its cost of capital (18.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | n/a | CN¥416M | CN¥291M | CN¥148M |
| Revenue growth | — | +43% | +97% | — |
| Gross profit | n/a | CN¥280M | CN¥192M | CN¥98.5M |
| EBITDA | n/a | CN¥191M | CN¥138M | CN¥71.2M |
| Net income | n/a | CN¥159M | CN¥116M | CN¥60.5M |
| Free cash flow | n/a | CN¥148M | CN¥72.7M | CN¥40.2M |
| Capital expenditure | n/a | CN¥45.5M | CN¥44.0M | CN¥20.1M |
| Total debt | CN¥8.71M | CN¥1.05M | CN¥3.23M | CN¥4.65M |
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 |
|---|---|---|---|---|---|---|
| Shanghai Precilasers Technology 688826.SS | $3.27B | n/a | +43% | 40% | 47.4× | n/a |
| IPG Photonics IPGP | $2.78B | -38% | +15% | 5% | 1.7× | 24.8% |
| Wuhan Raycus Fiber Laser Technologies 300747.SZ | $3.67B | +22% | +16% | 6% | 6.2× | n/a |
| Shenzhen Jpt Opto-Electronics 688025.SS | $3.97B | -22% | +69% | 18% | 8.2× | 44.7% |
| nLIGHT LASR | $2.19B | +72% | +43% | -5% | 6.0× | 39.2% |
| Coherent COHR | $38.0B | -42% | +23% | 14% | 5.6× | n/a |
| Lumibird LBIRD.PA | $589M | -4% | +8% | 11% | 2.6× | 18.6% |
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 | 688826.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.5% | -23.4% | 8th highest of 21 |
| Distance from 52-week high | -58.0% | -45.7% | 6th lowest of 21 |
| Revenue growth (TTM) | +43.0% | +18.9% | 4th highest of 21 |
| Operating margin | 40.3% | 9.6% | highest of 21 |
| EV / Sales | 47.4× | 3.8× | most expensive of 21 |
| ROIC minus cost of capital | +34.0 pp | -1.7 pp | highest of 21 |
| Net debt / EBITDA | -10.9× | -0.0× | least indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai Precilasers Technology 688826.SS | China | $3.27B | n/a | +43% | 40% | 47.4× | n/a | n/a |
| Castech 002222.SZ | China | $3.28B | -46% | +40% | 32% | 15.1× | n/a | n/a |
| Isupetasys 007660.KS | South Korea | $3.36B | -59% | +42% | 20% | 3.5× | n/a | n/a |
| VisEra Technologies 6789.TW | Taiwan | $3.16B | -46% | -5% | 14% | 10.1× | 44.5% | +5.2% |
| Pantum Technology 002180.SZ | China | $3.39B | -16% | -59% | 0% | 2.6× | 30.6% | -4.8% |
| Guizhou Space Appliance 002025.SZ | China | $3.56B | -29% | +22% | 3% | 3.7× | n/a | n/a |
| Xiamen Faratronic 600563.SS | China | $3.58B | -10% | +10% | 23% | 4.1× | 8.0% | +23.1% |
| Suntak Technology 002815.SZ | China | $3.61B | +2% | +31% | 10% | 2.5× | n/a | n/a |
| China Zhenhua (Group) Science & Technology 000733.SZ | China | $2.93B | -17% | -1% | 14% | 2.8× | 4.0% | +7.8% |
| Hamamatsu Photonics K.K 6965.T | Japan | $3.69B | -7% | +10% | 9% | 2.5× | 27.8% | +8.6% |
| Citizen Watch 7762.T | Japan | $2.90B | +3% | +17% | 10% | 1.2× | 10.1% | +10.9% |
| Caihong Display Devices 600707.SS | China | $3.70B | -15% | -3% | 4% | 2.9× | 2.9% | +1.7% |
| Bel Fuse BELFA | United States | $2.87B | -38% | +21% | 17% | 3.3× | 18.0% | +7.7% |
| Walsin Technology 2492.TW | Taiwan | $3.79B | +74% | +8% | 8% | 3.9× | 36.0% | +0.5% |
| MLOPTIC 688502.SS | China | $2.78B | -26% | +44% | 5% | 20.7× | n/a | n/a |
| Shenzhen Jpt Opto-Electronics 688025.SS | China | $3.97B | -22% | +69% | 18% | 8.2× | 44.7% | +19.4% |
| Shenzhen JOVE Enterprise 300814.SZ | China | $2.65B | -14% | +44% | 7% | 7.2× | n/a | n/a |
| Knowles KN | United States | $2.65B | -11% | +16% | 15% | 4.1× | 26.3% | -4.9% |
| Primarius Technologies 688206.SS | China | $2.63B | -2% | +30% | -9% | 27.2× | n/a | n/a |
| FIT Hon Teng 6088.HK | Hong Kong | $2.63B | -67% | +11% | 5% | 0.7× | n/a | n/a |
| Optics Technology 300489.SZ | China | $4.07B | +101% | +40% | 11% | 11.1× | n/a | n/a |