Peiport Holdings

What Peiport Holdings does

Peiport Holdings is a Hong Kong-listed public company (HKEX: 2885) founded in 1998 and headquartered in Tai Po, Hong Kong. The company manufactures and sells infrared thermal camera and electro-optical pod products, serving end-markets that typically include defense, security, surveillance, and industrial inspection where thermal imaging and stabilized optical payloads are required. Its product portfolio is anchored in two related but technically distinct lines: fixed or handheld infrared thermal cameras for imaging and temperature measurement, and electro-optical pods that integrate thermal and visible-light sensors into stabilized gimbal-mounted payloads for vehicle, airborne, or marine platforms.

The business is founder-led: Yeung Lun Ching, who founded the company in 1998, continues to serve as Chairman and Executive Director. Peiport operates with a relatively small organization of 51-100 employees, consistent with a niche specialized optics/sensor manufacturer rather than a high-volume consumer electronics business. As a Hong Kong-listed entity on the Main Board, the company is subject to HKEX disclosure requirements, though the input data does not include detailed product specifications, certifications, intellectual property disclosures, or named customer references that would allow deeper technical or commercial dissection.

Financially, the company has faced sustained pressure over the 2021-2025 period. Reported revenue has trended modestly lower from its 2021 peak, gross margins have compressed from approximately 29% to approximately 23%, and operating profitability has been intermittent - EBITDA was positive in 2021-2022, turned negative in 2023-2024, and returned to a small positive figure in 2025. Net income followed the same pattern, with losses in 2022-2024 and a narrow return to profit in 2025. The combination of top-line softness, margin erosion, and volatile profitability indicates a business under competitive or end-market pressure, partially offset by a 2025 cost or mix stabilization that produced the first positive net result in three years. Note that the supplied revenue and earnings figures appear to be in a non-USD or non-standardized unit; the directional pattern (declining revenue, compressing margins, intermittent losses) is the analytically relevant signal.

Name

Peiport Holdings

Website

https://peiport.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Peiport Holdings is a Hong Kong-listed (HKEX: 2885) manufacturer of infrared thermal cameras and electro-optical pod products, founded in 1998 and serving defense, security, surveillance, and industrial inspection end-markets from its Tai Po headquarters with 51-100 employees.

Ownership category

akta.pro rank

Product category

Electro-Optical & Thermal Imaging Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Optical Instruments & Lenses (3827)

akta.pro industry

PRIMARYEUAKAIAK

Radiation Detection Instruments & Systems (Portal monitors, spectrometers, contamination monitors)

Energy, Utilities & Environment/Nuclear Energy/Nuclear Materials, Radiation Services & Isotopes (Medical/Industrial)

Keywords

• Infrared thermal imaging
• Electro-optical systems
• Thermal camera manufacturing
• Electro-optical pods
• Thermal imaging equipment

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Core offering

Peiport Holdings manufactures and sells infrared thermal camera and electro-optical pod products. The company designs and produces hardware that captures thermal radiation and integrates optical/thermal sensors into stabilized platforms for surveillance, monitoring, and industrial inspection use cases. Sales are conducted to enterprise and government buyers in the defense, security, and industrial sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrared Thermal Cameras
• Electro-Optical Pods

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Broad incumbents

• Hikvision: World's largest surveillance camera manufacturer with thermal imaging product lines. Comparable as an adjacent Asian competitor serving security and surveillance thermal imaging demand.
• Thales Group: European defense and aerospace prime producing EO/IR systems, thermal cameras, and optronic pods for military and security customers. Comparable in the EO pod and infrared imaging product categories.
• L3Harris Technologies: Major US defense prime with extensive EO/IR product lines including thermal imagers, targeting pods, and multi-sensor surveillance systems. Overlaps with Peiport in electro-optical pods and defense thermal imaging.
• Leonardo S.p.A. Italian defense and aerospace group with electro-optical sensors, targeting pods, and infrared detection systems. Overlaps with Peiport's EO pod and thermal camera offerings in defense markets.
• Dahua Technology: Chinese video surveillance and thermal imaging solutions provider with defense and security applications. Comparable to Peiport in thermal camera offerings targeting security and industrial customers.

Direct peers

• Teledyne FLIR: Global leader in thermal imaging cameras and infrared sensor systems serving defense, industrial, and security markets. Directly comparable as a manufacturer of infrared thermal cameras and EO/IR imaging pods across commercial and military applications.
• Wuhan Guide Infrared (Guide Infrared): China-based manufacturer of infrared thermal imaging systems, EO pods, and cooled/uncooled IR detectors for defense, security, and industrial use. Closest direct competitor given product overlap and regional proximity.

Emerging players

• Opgal Optronic Industries: Israeli thermal imaging and EO/IR camera manufacturer serving defense and commercial markets. Comparable as a specialist EO/IR producer competing in similar end markets.
• Thermoteknix Systems: UK-based specialist in thermal imaging cameras and night vision systems for defense, security, and industrial applications. Comparable niche thermal/EO manufacturer.
• Seek Thermal: US-based thermal imaging company producing compact and professional infrared cameras for industrial, public safety, and OEM markets. Comparable in the thermal imaging camera product category with a smaller, focused footprint.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/peiport-holdings-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peiport Holdings