Xiamen Ketuo Communication Technology Co., Ltd.
廈門科拓通訊技術
Offer Price
HK$39.55
Market Cap
HK$40.0B
Listing Date
2026-06-27
Sector
通訊
📊 Valuation Analysis
P/S ratio
4.5x
合理 — 接近行業平均通訊 sector P/S benchmark: 5x – 10x
Revenue growth (YoY)
3.9%
Gross margin
46.4%
Net margin
11.3%
Profitability
Profitable
Fair value range by sector P/S benchmark: HK$44.16 – HK$88.32
💰 Financial Summary (FY2025)
Revenue
RMB8.31B
Prior revenue
RMB8.00B
Gross profit
RMB3.85B
Net profit
RMB0.94B
Figures in RMB (some companies converted from their prospectus reporting currency — see notes below).
📝 Key Notes
通訊技術方案商,增速較慢但已盈利
🏢 Company Overview
廈門科拓通訊技術股份有限公司,中國領先的通訊技術方案及物聯網產品提供商。業務涵蓋三大板塊:(1) 通訊網絡覆蓋方案(5G室內分佈系統、軌道交通隧道漏纜方案),主要服務中國移動、中國電信、中國聯通三大運營商;(2) 物聯網智能硬件(智慧停車傳感器、車位引導系統),品牌「科拓停車」在中國商業停車場覆蓋率排名前三;(3) 通訊基礎設施運維服務(基站巡檢、網絡優化)。客戶群穩定但行業增速趨緩,近年重點轉向海外東南亞市場拓展。
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⚠️ For educational reference only and not investment advice. IPO pricing, listing dates and financial data are subject to change — always refer to HKEX announcements and the prospectus. Investing involves risk.