Naura Technology Group
ConvictionContext
Capital-equipment sales to semiconductor fabs (12-inch/8-inch), with growing recurring revenue from services, spares and upgrades; secondary lines in vacuum, new-energy/photovoltaic and precision electronic components.
Revenue
~$5.8B TTMCNY 41.5B, +28% YoY); FY2025 CNY 39.35B (+31%Rev growth
+28-31% YoYFY2025 +30.9%; Q1'26 +25.8%; TTM +28.3%Gross margin
~40-41%TTM ~40.6%Op margin
~16-19%blended; not precisely disclosed hereCapex intensity
not disclosedelevated (capacity build-out + heavy R&D, R&D +36.6% YoY in Q1'26Market cap
~$87B USDSZSE: 002371, Shenzhen Main Board/former SME Board; ~CNY 623B, late Jun/Jul 2026The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for Naura Technology Group
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage Figures reflect NAURA FY2025 annual report (published 2026-04-17), Q1 2026 results, and market data as of late June/early July 2026; CNY converted at ~7.2 CNY/USD.· sign in (free) for the analyst summary; Pro unlocks full intelligence