Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688609.SS
SELLREMOVEUnionman Technology Co.,Ltd. · Technology · China · $880M · Avg Vol: $54M/d
Unionman Technology is a smart home and set-top box manufacturer operating in a highly commoditized market with low margins and no pricing power.
COMPANY DESCRIPTION
Unionman Technology Co.,Ltd. designs and manufactures smart home network terminal equipment, including smart set-top boxes, optical network units (ONUs), and Wi-Fi routers. The company is a major supplier to China's three state-owned telecom operators, benefiting from large-scale, long-term procurement contracts. Its competitive advantage is driven by its strong hardware integration capabilities, customized software development, and economies of scale in manufacturing.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 355M | 321M | 371M | 353M | -0.2% |
| EPS | 0.02 | -0.06 | -0.04 | -0.06 | — |
| Shares | 500M | 500M | 500M | 500M | 0.0% |
| Debt | 111M | 171M | 213M | 154M | 11.6% |
| Equity | 190M | 151M | 137M | 114M | -15.8% |
| Op CF | -3M | -29M | 12M | 64M | 442.6% |
| Inv CF | -38M | -28M | -32M | -31M | — |
| Fin CF | -5M | 59M | 14M | -50M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688609.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688609.SS | Unionman Technology Co.,Ltd.(you) | $880M | 29 | SELL |
| 3268.HK | MEIG | $919M | 28 | SELL |
| 300698.SZ | Wanma Technology Co., Ltd. | $683M | 28 | SELL |
| 300711.SZ | GHT Co.,Ltd | $815M | 34 | SELL |
| 002446.SZ | Guangdong Shenglu Telecommunication Tech. Co., Ltd. | $1.3B | 29 | SELL |
| 300531.SZ | Urovo Technology Co., Ltd. | $737M | 35 | HOLD |
| 603496.SS | EmbedWay Technologies (Shanghai) Corporation | $1.1B | 22 | SELL |
| 688348.SS | Yuneng Technology Co., Ltd. | $950M | 18 | STRONG SELL |
| 0901.HK | Shenzhen SDMC Technology Co., Ltd. | $1.7B | 28 | SELL |
| 600658.SS | Beijing Electronic Zone High-tech Group Co., Ltd. | $779M | 17 | STRONG SELL |
Peer medians: ROE 3.9% · P/E 77.3x · Gross margin 25.9%