Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Avary Holding(Shenzhen)Co., Limited (002938.SZ)
CNY103.03
-2.21 (-2.10%)
CN SHZ Technology Hardware, Equipment & Parts
Address
Songluo Road
Shenzhen, CN
Shenzhen, CN
CEO
Shen Qingfang
Website
avaryholding.com
IPO
2018-09-27
ISIN CNE100003GF5
Description
Established in 1999 and headquartered in Shenzhen, China, Avary Holding (Shenzhen) Co., Limited is a key player in the printed circuit board (PCB) industry. The company's operations in China span the entire product lifecycle, from research and development and design to manufacturing and sales. Its PCBs are integral to various sectors, including telecommunications, consumer electronics, computing, automotive electronics, and industrial control systems.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary
Loading…
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
CNY103.03
-2.21 (-2.10%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
49M
Beta
1.13
Float Shares
632.75M
Free Float %
27.3%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +10.00% | +15.80% | +54.94% | +53.84% | +86.39% | +72.46% | +183.03% | +287.00% | +198.53% | +276.97% | +276.97% |
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From
To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
Loading histogram data…
Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
103.03
DCF (Unlevered)
14.11
-86.3%
DCF (Levered)
26.28
-74.5%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
88% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 6 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
8.96
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Hardware, Equipment & Parts: +10.0%+11.4% ★ Q1'26: -1.2% (vs Q1'25)
-
EPS growth Hardware, Equipment & Parts: +20.2%+3.2% Q1'26: -4.8% (vs Q1'25)
-
FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%+9.1% Q1'26: +3.4% (vs Q1'25)
-
EBIT margin Hardware, Equipment & Parts: +8.7%+11.0% ★ Q1'26: +6.8% (vs Q1'25)
-
ROIC Hardware, Equipment & Parts: +5.7%+13.8% ★ Q1'26: +6.9% (vs Q1'25)
-
Share dilution Hardware, Equipment & Parts: +0.0%+0.0% Q1'26: -0.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×0.60× ★ Q1'26: 2.93× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 7 Rev. Ana. 1 EPS Ana. |
Dec 2027 7 Rev. Ana. 2 EPS Ana. |
Dec 2028 4 Rev. Ana. 1 EPS Ana. |
Dec 2029 3 Rev. Ana. 1 EPS Ana. |
Dec 2030 6 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
25.85B
est: 26.98B (-4.2%)
|
26.61B
est: 26.75B (-0.5%)
|
29.85B
est: 29.18B (+2.3%)
|
33.31B
est: 34.05B (-2.2%)
|
36.21B
est: 39.27B (-7.8%)
|
32.07B
est: 33.63B (-4.7%)
|
35.14B
est: 35.80B (-1.9%)
|
39.15B
est: 39.80B (-1.6%)
|
46.45B
44.09B – 49.33B
+16.7% YoY
|
58.28B
52.67B – 64.98B
+25.5% YoY
|
72.28B
66.77B – 78.91B
+24.0% YoY
|
81.51B
75.29B – 88.98B
+12.8% YoY
|
93.06B
85.95B – 101.59B
+14.2% YoY
|
| EBITDA |
4.88B
est: 5.16B (-5.3%)
|
5.06B
est: 5.11B (-1.0%)
|
5.14B
est: 5.58B (-7.9%)
|
6.14B
est: 6.51B (-5.7%)
|
8.32B
est: 7.51B (+10.8%)
|
6.19B
est: 6.43B (-3.7%)
|
6.20B
est: 6.94B (-10.7%)
|
7.29B
est: 7.72B (-5.5%)
|
9.01B
8.55B – 9.57B
+16.7% YoY
|
11.30B
10.22B – 12.60B
+25.5% YoY
|
14.02B
12.95B – 15.31B
+24.0% YoY
|
15.81B
14.60B – 17.26B
+12.8% YoY
|
18.05B
16.67B – 19.70B
+14.2% YoY
|
| EBIT |
3.33B
est: 3.02B (+10.3%)
|
3.35B
est: 2.99B (+11.9%)
|
3.27B
est: 3.26B (+0.1%)
|
3.65B
est: 3.81B (-4.3%)
|
5.36B
est: 4.39B (+22.0%)
|
3.25B
est: 3.76B (-13.7%)
|
3.20B
est: 4.01B (-20.1%)
|
4.29B
est: 4.45B (-3.6%)
|
5.20B
4.93B – 5.52B
+16.7% YoY
|
6.52B
5.89B – 7.27B
+25.5% YoY
|
8.09B
7.47B – 8.83B
+24.0% YoY
|
9.12B
8.42B – 9.95B
+12.8% YoY
|
10.41B
9.62B – 11.36B
+14.2% YoY
|
| Net Income |
2.77B
est: 2.74B (+1.2%)
|
2.92B
est: 2.95B (-1.0%)
|
2.84B
est: 3.02B (-6.0%)
|
3.32B
est: 3.36B (-1.3%)
|
5.01B
est: 4.75B (+5.4%)
|
3.29B
est: 3.93B (-16.3%)
|
3.62B
est: 3.70B (-2.1%)
|
3.74B
est: 4.19B (-10.8%)
|
5.01B
4.51B – 5.61B
+19.6% YoY
|
6.89B
6.70B – 7.08B
+37.4% YoY
|
9.29B
8.37B – 10.40B
+34.9% YoY
|
12.30B
11.08B – 13.77B
+32.5% YoY
|
14.65B
13.20B – 16.40B
+19.1% YoY
|
| SGA |
1.16B
est: 1.10B (+5.8%)
|
1.38B
est: 1.09B (+26.7%)
|
1.23B
est: 1.19B (+3.5%)
|
1.31B
est: 1.39B (-5.4%)
|
1.46B
est: 1.60B (-9.0%)
|
1.39B
est: 1.37B (+1.6%)
|
1.39B
est: 1.16B (+19.2%)
|
—
est: 1.29B (-100.0%)
|
1.51B
1.43B – 1.60B
+16.7% YoY
|
1.90B
1.71B – 2.11B
+25.5% YoY
|
2.35B
2.17B – 2.57B
+24.0% YoY
|
2.65B
2.45B – 2.89B
+12.8% YoY
|
3.03B
2.80B – 3.30B
+14.2% YoY
|
| EPS |
1.30
est: 1.18 (+10.2%)
|
1.27
est: 1.27 (-0.2%)
|
1.23
est: 1.30 (-5.5%)
|
1.43
est: 1.45 (-1.2%)
|
2.17
est: 2.05 (+6.0%)
|
1.42
est: 1.69 (-16.0%)
|
1.56
est: 1.59 (-2.0%)
|
1.61
est: 1.81 (-10.8%)
|
2.16
1.94 – 2.42
+19.6% YoY
|
2.97
2.88 – 3.05
+37.4% YoY
|
4.00
3.60 – 4.48
+34.9% YoY
|
5.30
4.77 – 5.93
+32.5% YoY
|
6.31
5.68 – 7.06
+19.1% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-08 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
1.15B
OE per share TTM
0.50
Owner's Yield
0.62%
Maintenance CapEx ratio
620.45%
Maint CapEx / Avg PPE
48.4%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 140 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | VanEck China Semiconductor ETF SMHC | 3.38% | 6.76M | 0.65% |
| 2 | JPMorgan ETFs (Ireland) ICAV - China A Research Enhanced Index Equity Active UCITS ETF JREC.L | 0.52% | 117.5K | 0.40% |
| 3 | Rayliant-ChinaAMC Transformative China Tech ETF CNQQ | 0.52% | 116.8K | 0.75% |
| 4 | Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1C XCTE.L | 0.40% | 198.5K | 0.44% |
| 5 | iShares MSCI China A ETF CNYA | 0.39% | 899.7K | 0.60% |
| 6 | iShares MSCI China Multisector Tech ETF TCHI | 0.38% | 179.5K | 0.59% |
| 7 | iShares MSCI China A UCITS ETF CNYA.L | 0.38% | 11.51M | 0.40% |
| 8 | iShares MSCI China A UCITS ETF CNYE.MI | 0.38% | 379.6K | 0.45% |
| 9 | Xtrackers MSCI China A UCITS ETF 1C XX2D.L | 0.37% | 511.9K | 0.35% |
| 10 | Amundi MSCI China A UCITS ETF Acc CNAA.L | 0.35% | 496.0K | 0.35% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
99.5K
Shares Outstanding
2.32B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| An Zhi Luo | Deputy General Manager | — | male |
| Dewang Xiao | Deputy GM, Accounting Supervisor & CFO | — | male |
| Guo Sheng Chen | Deputy General Manager | — | male |
| Guoqiang Gao | Deputy General Manager | — | male |
| Hong Zhou | Deputy GM & Secretary of the Board | — | female |
| Jiahong Zhong | Deputy General Manager | — | male |
| Shen Qingfang | Chairman & Chief Executive Officer | — | male |
| Weizhen Yang | Deputy General Manager | — | female |
| Yihong Lin | GM & Director | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 002938.SZ
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
