May 2026
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Largest Developer Tools Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Hanwang Technology Co, Juhe Data, Shandong Cvicse and Duiba Group.
 | Hanwang Technology Co Ltd is a China-based company engaged in offering character recognition technology and intelligent interactive solutions, and other products. Its products include dictionary pen, wise reader, HW pen, starter edition scanner, business card storage, drawing tablet, and there are also specifically identify products for text and graphics in education, finance, and other industries. The company also provides scanners, documents camera, air purifier and haze removal machine. It has products like handwritten cell phone, cloud technology and other kinds of technology licensing program. | $3 | -- | $647M | $621M | 2.2x | (54.3x) | ||
| Tianju Dihe (Suzhou) Technology Co Ltd is an integrated API-enabled data exchange service provider in China. It provide data management solutions, which are customized softwares comprising one or more of our products, including APIMaster, DataArts, QuickBot, SmartShield and AnchorChain. It customers include enterprises such as Tencent, Alibaba, Baidu, NetEase, Meituan, China Mobile, China Unicom, China Telecom, and many other internet companies. | $8 | +0% | $416M | $345M | 5.3x | 46.4x | ||
| Shandong Cvicse Middleware Co Ltd is engaged in research and development and sales of middleware software and provision of related technical services. | $4 | -12% | $306M | $251M | 11.5x | (181.6x) | ||
| Duiba Group Ltd is principally involved in the user management Software-as-a-Service (SaaS) platform business and internet advertising business. Its user management SaaS platform is designed to help businesses attract and retain online users cost-effectively, by offering various fun and engaging user management tools to boost mobile App user activity and participation on Apps. The company generates the majority of its revenue from the Internet Advertising business. | $0 | -- | $19M | $80M | 0.9x | (6.6x) | ||
| Median | $3 | -6% | $361M | $298M | 3.8x | (30.5x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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