Eastcompeace Technology Co.,ltd (002017.SZ)

Eastcompeace Technology Co.,ltd (002017.SZ) — VMCI valuation read

Headline read on 002017.SZ: VMCI of 56/100 versus a Technology sector median of 50. The 6-point above-median position is what makes Eastcompeace Technology Co.,ltd a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 002017.SZ: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 002017.SZ: value (002017.SZ trades at 19.0x earnings, 6% above the Technology median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Technology median (10.0%)), and risk (net debt to EBITDA of 2.6x is the rate-sensitivity line to watch). The value read also implies an EV/EBITDA gap of +4.0x against the Technology 12.0x baseline.

002017.SZ fell 2.1% over the trailing 7 days, with a -16.0% read on a 30-day basis.