Zhongji Innolight Valuation Multiples

Zhongji Innolight is valued at $96B as of November 2026, a 6.1x revenue multiple. In the last 12 months, Zhongji Innolight revenue was $14B and Zhongji Innolight EBITDA was $5.9B.

Zhongji Innolight Overview

About Zhongji Innolight

Zhongji Innolight Co Ltd is a China-based company engaged in the research & development, production, and sales of high-end optical communication transceiver modules, 5G wireless networks, telecom transmission, and fixed network access. The company pays attention to technology research and development and promotes products with high speed, Miniaturization, low power consumption, and low cost that are developed to provide cloud data centers of high-speed Optical transceivers for telecom equipment manufacturers 5G Fronthaul, midhaul, and backhaul optical modules are used to transmit optical on metro, backbone, and core networks modules as well as applications for fixed networks.


Founded

2005

HQ

China

Employees

11.6K

Financials (LTM)

Revenue: $14B
EBITDA: $5.9B

EV

$89B

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Zhongji Innolight Financials

Zhongji Innolight reported last 12-month revenue of $14B and EBITDA of $5.9B.

In the same LTM period, Zhongji Innolight generated $6.7B in gross profit, $5.9B in EBITDA, and $4.6B in net income.

Revenue (LTM)


Zhongji Innolight P&L

In the most recent fiscal year, Zhongji Innolight reported revenue of $5.7B and EBITDA of $2.1B.

Zhongji Innolight is profitable as of last fiscal year, with gross margin of 42%, EBITDA margin of 37%, and net margin of 28%.

See analyst estimates for Zhongji Innolight
LTMLast FY202320242025202620272028
Revenue$14B$5.7B$1.6B$3.5B$5.7B
Gross Profit$6.7B$2.4B$524M$1.2B$2.4B
Gross Margin46%42%33%34%42%
EBITDA$5.9B$2.1B$447M$1B$2.1B
EBITDA Margin41%37%28%28%37%
EBIT Margin40%35%21%25%35%
Net Profit$4.6B$1.6B$322M$767M$1.6B
Net Margin32%28%20%22%28%
Net Debt-($1.4B)---

Financial data powered by Morningstar, Inc.

Zhongji Innolight Stock Performance

Zhongji Innolight has current market cap of $96B, and enterprise value of $89B.

Market Cap Evolution


Zhongji Innolight's stock price is $81.32.

Zhongji Innolight share price decreased by 2.1% in the last 30 days, and increased by 11.8% in the last year.

Zhongji Innolight has an EPS (earnings per share) of $1.37.

See more trading valuation data for Zhongji Innolight
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$89B$96B15.1%-2.1%-35.9%11.8%$1.37

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Zhongji Innolight Valuation Multiples

Zhongji Innolight trades at 6.1x EV/Revenue multiple, and 15.0x EV/EBITDA.

See NTM and 2027E valuation multiples for Zhongji Innolight

EV / Revenue (LTM)


Zhongji Innolight Financial Valuation Multiples

As of November 13, 2026, Zhongji Innolight has market cap of $96B and EV of $89B.

Zhongji Innolight has a P/E ratio of 20.9x.

LTMLast FY202320242025202620272028
EV/Revenue6.1x15.5x55.8x25.1x15.5x
EV/EBITDA15.0x41.5x198.6x88.5x41.5x
EV/EBIT15.4x43.7xn/m100.1x43.7x
EV/Gross Profit13.2x36.8x169.2x74.2x36.8x
P/E20.9x59.3xn/m125.3x59.3x
EV/FCF45.7x72.7xn/mn/m72.7x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Zhongji Innolight Margins & Growth Rates

Zhongji Innolight grew revenue by 177% and EBITDA by 204% in the last fiscal year.

In the most recent fiscal year, Zhongji Innolight reported gross margin of 42%, EBITDA margin of 37%, and net margin of 28%.

See estimated margins and future growth rates for Zhongji Innolight

Zhongji Innolight Margins

Last FY202420252026202720282029
Gross Margin42%34%42%47%
EBITDA Margin37%28%37%41%
EBIT Margin35%25%35%40%
Net Margin28%22%28%32%
FCF Margin21%1%21%13%

Zhongji Innolight Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth177%123%62%177%
Gross Profit Growth206%128%102%206%
EBITDA Growth204%124%114%204%
EBIT Growth214%165%129%214%
Net Profit Growth213%138%111%213%
FCF Growth69%55%2658%69%

Data powered by FactSet, Inc. and Morningstar, Inc.

Zhongji Innolight Operational KPIs

Zhongji Innolight's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.0M for the same period.

Zhongji Innolight's Rule of 40 is 218% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Zhongji Innolight's Rule of X is 483% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Zhongji Innolight
LTMLast FY202320242025202620272028
Rule of 40148%218%---
Bessemer Rule of X309%483%---
Revenue per Employee-$0.5M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue0%0%0%0%0%
G&A Expenses to Revenue2%1%2%1%1%
R&D Expenses to Revenue4%4%7%5%4%
Opex to Revenue-7%12%9%7%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

Zhongji Innolight Competitors

Zhongji Innolight competitors include 3M, Atlas Copco, Emerson Electric, Howmet Aerospace, Illinois Tool Works, Vertiv, Siemens Energy, Honeywell, Mitsubishi and Parker Hannifin.

Most Zhongji Innolight public comparables operate across Machinery and Industrial Parts.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
3M$25B$6.2B4.3x4.3x17.4x14.5x
Atlas Copco$17B$4.4B5.5x5.0x21.2x19.3x
Emerson Electric$19B$5.3B5.4x5.4x19.4x18.6x
Howmet Aerospace$8.3B$2.2B11.3x9.3x41.5x28.8x
Illinois Tool Works$16B$4.6B5.6x5.4x19.6x18.5x
Vertiv$10B$2.1B7.7x5.6x37.1x22.7x
Siemens Energy$49B$7.5B2.1x2.1x13.8x13.3x
Honeywell$37B$7.8B2.2x3.7x10.6x16.5x

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Investments by Zhongji Innolight

Zhongji Innolight has invested in 3 companies to date.

Latest investment by Zhongji Innolight was on July 20th 2026. Zhongji Innolight invested in ROBOT++ in their Series C round.

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Latest Investments by Zhongji Innolight

ROBOT++
Eacon Group
Jike Optoelectronics
Description
ROBOT++ develops robots that work at height, including hydroblasting and shot-blasting robots for tank interiors and ship maintenance. The company is based in Beijing, China.
Eacon Group Co Ltd is focused on the commercial deployment of mining autonomous driving solutions in the mining industry. It is engaged in providing autonomous driving solutions for mining transportation and production in the PRC. The company's offerings include Closed-Environment Autonomous Mining Trucks (Products and Solutions, ORCASTRA) and Mining Digitalization Solutions (Conductor Plus). The majority of the company's revenue is derived from service fees for deploying autonomous mining truck solutions for mining companies and their contractors.
Jike Optoelectronics is a Chinese firm specializing in research, development, and production of optical components. It applies micro-nano processing to fabricate ultra-smooth side surface waveguides used in augmented reality glasses, optical communication devices, and laser systems.
HQ CountryChinaChinaChina
HQ City
Beijing
Beijing
Suzhou
Deal Date20 Jul 202624 Jun 202526 Jun 2024
RoundSeries CSeries DSeries A
Raisedundisclosed$56M$14M
InvestorsZhongqi Holdings; Juntong Capital; Zhongji Innolight; Fosun RZ Capital; Guohai Innovative CCI Capital; Guangxi Investment Group; Qianggang Fund; Sealand Securities CoCHC Navigation; F&G Venture; Falcon Capital; TONLY; Zhongji Innolight; Puquan Capital; Suzhou Xiuzheng Venture Capital ManagementDingxin Capital; BlueRun Ventures; Zhongji Innolight; Lanpu Venture; Yuanjie Semiconductor; Xihao Capital; Yuntong Intelligence; V Fund Management
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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About Zhongji Innolight

When was Zhongji Innolight founded?Zhongji Innolight was founded in 2005.
Where is Zhongji Innolight headquartered?Zhongji Innolight is headquartered in China.
How many employees does Zhongji Innolight have?As of today, Zhongji Innolight has over 11K employees.
Is Zhongji Innolight publicly listed?Yes, Zhongji Innolight is a public company listed on Shenzhen Stock Exchange.
What is the stock symbol of Zhongji Innolight?Zhongji Innolight trades under 300308 ticker.
When did Zhongji Innolight go public?Zhongji Innolight went public in 2012.
Who are competitors of Zhongji Innolight?Zhongji Innolight main competitors include 3M, Atlas Copco, Emerson Electric, Howmet Aerospace, Illinois Tool Works, Vertiv, Siemens Energy, Honeywell, Mitsubishi, Parker Hannifin.
What is the current market cap of Zhongji Innolight?Zhongji Innolight's current market cap is $96B.
What is the current revenue of Zhongji Innolight?Zhongji Innolight's last 12 months revenue is $14B.
What is the current revenue growth of Zhongji Innolight?Zhongji Innolight revenue growth (NTM/LTM) is 107%.
What is the current EV/Revenue multiple of Zhongji Innolight?Current revenue multiple of Zhongji Innolight is 6.1x.
What is the current EBITDA of Zhongji Innolight?Zhongji Innolight's last 12 months EBITDA is $5.9B.
What is Zhongji Innolight's EBITDA margin?Zhongji Innolight's last 12 months EBITDA margin is 41%.
What is the current EV/EBITDA multiple of Zhongji Innolight?Current EBITDA multiple of Zhongji Innolight is 15.0x.
What is the current FCF of Zhongji Innolight?Zhongji Innolight's last 12 months FCF is $1.9B.
What is Zhongji Innolight's FCF margin?Zhongji Innolight's last 12 months FCF margin is 13%.
What is the current EV/FCF multiple of Zhongji Innolight?Current FCF multiple of Zhongji Innolight is 45.7x.
How many companies Zhongji Innolight has acquired to date?Zhongji Innolight hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Zhongji Innolight has invested to date?As of November 2026, Zhongji Innolight has invested in 3 companies.
What was the last Zhongji Innolight investment?On 20th July 2026 Zhongji Innolight invested in ROBOT++, participating in a Series C round, alongside Zhongqi Holdings, Juntong Capital, Fosun RZ Capital, Guohai Innovative CCI Capital, Guangxi Investment Group, Qianggang Fund, and Sealand Securities Co.
In what companies Zhongji Innolight invested in?Zhongji Innolight invested in Eacon Group, Jike Optoelectronics, and ROBOT++.

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