China’s recent economic stimulus package has spurred a rally in global markets, with the Shanghai Composite Index and the blue-chip CSI 300 posting strong gains. This positive sentiment is particularly beneficial for high-growth tech stocks, which are poised to take advantage of rising economic activity and investor confidence. When evaluating high-growth Chinese tech stocks, it is important to consider companies that can take advantage of these favorable market conditions through innovative technology and strong market positioning.
Top 10 high-growth technology companies in China
name
increase in revenue
revenue growth
growth assessment
Xi’an Nova Star Tech
27.95%
31.01%
★★★★★
Zhejiang Mei Orient Commercial Exhibition
26.41%
32.59%
★★★★★
Suzhou TFC Optical Communication
32.61%
31.78%
★★★★★
johnji innorite
32.37%
31.70%
★★★★★
shanghai bozhong electronic technology
27.74%
28.58%
★★★★★
Range Intelligent Computing Technology Group
23.53%
29.96%
★★★★★
T&S Communications Co., Ltd.
34.68%
40.85%
★★★★★
Ioptlink technology
43.76%
42.52%
★★★★★
biocera solution
26.85%
117.16%
★★★★★
Huayi Brothers Media
37.55%
103.97%
★★★★★
Click here to see the complete list of 255 Chinese High Growth Technology Stocks and AI Stock Screener.
We’re going to check out some of our picks from the screener tool.
Simply Wall Street Growth Rating: ★★★★☆
Overview: Shenzhen Fastprint Circuit Tech Co., Ltd. manufactures and sells PCBs in China and abroad, with a market capitalization of approximately CAD 17.97 billion.
Business Description: Fastprint Circuit Tech primarily generates revenue from PCB printed circuit boards (4.24 billion yen) and semiconductor test boards (1.22 billion yen). The company serves both domestic and international markets.
Shenzhen Fastprint Circuit Tech has shown solid growth, with its profit increasing by 15.4% over the past year, outpacing the average decline of 3.7% in the Electronics industry. This trend is expected to continue, with annual profit growth expected to be an impressive 45.6%, significantly exceeding the Chinese market forecast of 23.2%. Additionally, R&D investment remains a cornerstone of the company’s strategy, consistent with its impressive revenue growth forecast of 18.8% per year. This is faster than the overall CN market at 13.2%. Despite challenges in covering debt through operating cash flow, these numbers highlight Fastprint’s potential to leverage high-tech innovation to remain competitive. Recently, Shenzhen Fastprint announced that its sales in the first half reached 2.88 billion yuan. This was an increase from 2.57 billion yuan in the previous year, and net profit increased to 19.5 million yuan from 18.06 million yuan last year. This is a testament to the company’s continued financial health even in volatile markets. . The upcoming general meeting aims to outline the company’s return plan for the next three years, with the aim of further cementing investor confidence and proactively promoting China’s high-tech sector’s future growth trajectory. It shows good governance.
SZSE:002436 Revenue and Revenue Growth as of October 2024
Simply Wall Street Growth Rating: ★★★★★☆
Overview: Wuhu Token Sciences Co., Ltd. is focused on the research, development, processing, manufacturing, sales and service of key touch display device materials in China, with a market capitalization of C$15.22 billion.
Business Description: Wuhu Token Sciences primarily generates revenue from the sale of electronic components and electronic components, amounting to C$11.13 billion. The company is involved in various stages of the touch display device material industry, including research, development, processing, manufacturing and sales within China.
Wuhu Token Science reported that net profit decreased from 219.67 million yuan last year to 184.59 million yuan, despite a significant increase in sales from 3.37 billion yuan to 5.62 billion yuan. This was revealed in the recent financial report, and the company is overcoming a difficult situation. This contrast highlights the pressure on profitability even as volumes increase, and emphasizes the importance of efficient operations and cost management in sustaining growth. The company’s commitment to innovation is evidenced by its robust R&D spending, which is essential to remaining competitive in China’s rapidly evolving technology sector. The upcoming general meeting is likely to provide further clarity on the strategy regarding the new incentive plan and strengthen the future governance and operating framework essential to long-term success.
SZSE:300088 Revenue and Revenue Growth as of October 2024
Simply Wall Street Growth Rating: ★★★★☆
Overview: TRS Information Technology Co., Ltd. provides software, artificial intelligence, big data, and data security products and services in China with a market capitalization of CAD 13.23 billion.
Operations: TRS Information Technology Co., Ltd. focuses on providing software, artificial intelligence, big data, and data security solutions in China. The company primarily generates revenue through its diverse technology offerings tailored to different sectors.
TRS Information Technology has shown resilience in a competitive environment, reporting annual revenue growth of 18.5%, which is higher than the broader Chinese market average of 13.2%. Despite the recent decline in net profit from 69.64 million yuan to 59.81 million yuan, the company is actively investing in innovation, as evidenced by significant R&D expenditures to maintain competitiveness and support future growth prospects. I am doing it. This strategic focus on development is underlined by an impressive annual revenue growth forecast of 48%, demonstrating solid potential as market demands evolve.
SZSE:300229 Breakdown of revenue and expenses as of October 2024
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This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SZSE:002436 SZSE:300088 and SZSE:300229.
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