Shenzhen Microgate Technology Co., Ltd. (300319.SZ)

Shenzhen Microgate Technology Co., Ltd. (300319.SZ) — VMCI valuation read

Composite valuation read on 300319.SZ: VMCI 50/100 against a Technology sector median of 50. The 0-point below-median print is the headline number for Shenzhen Microgate Technology Co., Ltd., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for 300319.SZ: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on 300319.SZ: 300319.SZ trades at 23.0x earnings, 28% above the Technology median of 18.0x; ROIC of 17.0% sits 7.0pp above the Technology median (10.0%); net debt to EBITDA of -1.1x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

300319.SZ fell 0.6% over the trailing 7 days, with a -6.5% read on a 30-day basis.