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← CockpitCompetitor Analysis › 000409.SZ Yunding Technology Co., Ltd. Class AOpen in the cockpit ↗

Yunding Technology Co., Ltd. Class A000409.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Precious Metals

Shandong Energy Group's digital-technology arm, building software and IT systems for mines, chemical plants and power grids.

≈ A Chinese coal-industry Honeywell/Rockwell IT armMomentum strong 62
Mkt cap
$960M
US dollars, full cap
Free float
60%
of shares outstanding
$/day
$8.67M
20-day average traded
Fwd P/E
69.8×
forward earnings
ROIC−WACC
-1.8 pp
WACC 6.9%
Hurdle
n/a
no reverse DCF
Next earnings
160 days
15 Apr 2027
Close · CNYCN¥8.37
1D-1.3%
1W+4.4%
1M-0.9%
3M-7.1%
6M-17.6%
YTD-24.9%
1Y-26.3%
ATR %3.4%
52w lowhigh41.8% off high

What Yunding Technology does

Shandong Energy Group's digital-technology arm, building software and IT systems for mines, chemical plants and power grids.

Sells software, control systems and installation work largely to its parent group's mines and plants, so orders follow the parent's IT budgets. It reached this shape by a pivot: it was formerly a geological-exploration and mining-services business, and was reoriented toward digital technology under Shandong Energy Group's control.

In one line: A Chinese coal-industry Honeywell/Rockwell IT arm.

Products and services

  • Mine digitalization platforms
  • Industrial IoT/control systems
  • Communications & network equipment
  • Satellite communication services

Customers

  • Shandong Energy Group mines
  • Chemical and power plants

Where it sits in the supply chain

  • Industrial software
  • Mining/energy digitalization
  • IT systems integration

What could go right

  • Coal-industry digitalization mandates
  • Parent group capex on IT

What could go wrong

  • Concentration in coal/mining sector
  • Parent-group dependence

Moat: narrow (installed base, customer qualification). Captive IT supplier to parent Shandong Energy Group's mines and plants.

Headquarters: Shandong, China · Employees: 1,255

Yunding Technology at a glance

Size Yunding Technology (000409.SZ) is a China Materials company (Precious Metals) with a market value of $960M, the 2380th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.37 on 6 Nov 2026.

Performance Over six months the shares fell 17.6%, against -9.3% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 19 in its peer set.

Growth Revenue grew 5.7% over the last twelve months (peer median +59.0%); the operating margin is 6.1% (peer median 15.6%).

Valuation It trades at 69.8× forward earnings against a peer median of 11.9× (most expensive of 9).

Capital Return on invested capital runs 1.8 points below its cost of capital (6.9% WACC).

Next results Next results expected around 15 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 88000409.SZ 82
Six months, rebased to 100: Yunding Technology against the median of its 20 peers (local-currency closes).

Yunding Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.46BCN¥1.52BCN¥1.34BCN¥1.14BCN¥1.09B
Revenue growth—+13%+18%+5%—
Gross profitCN¥447MCN¥445MCN¥420MCN¥414MCN¥331M
EBITDAn/aCN¥137MCN¥132MCN¥144MCN¥94.9M
Net incomeCN¥74.6MCN¥82.4MCN¥92.7MCN¥61.8MCN¥25.1M
Free cash flow-CN¥9.05M-CN¥4.10MCN¥179MCN¥83.9MCN¥108M
Capital expenditureCN¥6.50MCN¥6.98MCN¥5.56MCN¥7.07MCN¥7.75M
Total debtCN¥118MCN¥207MCN¥158MCN¥84.2MCN¥55.2M

Quarterly statements and history in the cockpit →

Yunding Technology competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%-10%0%MUXEQRHSLVOMGNUAGCRMLRIOGGDHMMCPNRLGDOGGBZASMDCFFMVZLAKCN000409.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Yunding Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%0×20×40×60×MUXEQRGGDPNRASMKCN000409.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Yunding Technology is the large dot.

Yunding Technology competitors and peer comparison

How Yunding Technology compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Yunding Technology against its 20 peers (data as of 6 Nov 2026)
Measure000409.SZPeer medianRank in peer set
1-month return-0.9%-9.2%4th highest of 21
6-month return-17.6%-9.3%9th lowest of 19
Distance from 52-week high-41.8%-42.5%10th highest of 21
Revenue growth (TTM)+5.7%+59.0%lowest of 9
Operating margin6.1%15.6%5th lowest of 11
Forward P/E69.8×11.9×most expensive of 9
ROIC minus cost of capital-1.8 pp-15.2 pp6th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Yunding Technology 000409.SZChina$960M-18%+6%6%69.8×n/an/a
McEwen MUX.TOCanada$954M-31%+54%-3%31.8×59.7%+15.2%
EQ Resources EQR.AXAustralia$1.01B+6%+150%11%4.3×n/an/a
Highlander Silver HSLV.TOCanada$906M-23%n/a-60%n/an/an/a
Omai Gold Mines OMG.VCanada$879M-23%n/an/an/an/an/a
New Pacific Metals NUAG.TOCanada$1.05B0%n/an/an/an/an/a
Critical Metals CRMLUnited States$864M-58%n/an/an/an/an/a
RIO2 RIO.TOCanada$1.08B-6%n/a20%6.1×36.3%n/a
Gogold Resources GGD.TOCanada$1.08B+19%+64%47%29.0×13.3%+13.8%
Hemlo Mining HMMC.TOCanada$1.09B-9%n/an/a10.8×n/an/a
Pantoro Gold PNR.AXAustralia$826M-9%+35%34%12.2×-0.5%+40.5%
Liberty Gold LGD.TOCanada$819M+50%n/an/an/an/an/a
Cadillac Mines CADY.TOCanada$815Mn/an/an/an/an/an/a
Osisko Gold OGG.VCanada$814M-18%+805%-51%n/an/an/a
Benz Mining BZ.VCanada$1.15B+120%n/an/an/an/an/a
Avino Silver & Gold Mines ASM.TOCanada$799M-30%+54%44%14.0×23.6%+42.1%
Dakota Gold DCUnited States$798M-1%n/an/an/an/an/a
FireFly Metals FFM.AXAustralia$798M-31%n/an/an/an/an/a
Vizsla Silver VZLA.TOCanada$1.18B-1%n/an/an/an/an/a
Kingsgate Consolidated KCN.AXAustralia$779M-39%+77%38%11.5×-6.9%+117.2%
EACON 7687.HKHong Kong$1.23Bn/a+46%-22%n/an/an/a

Questions

Which companies are Yunding Technology's closest peers?
The cockpit's peer set: McEwen (MUX.TO), EQ Resources (EQR.AX), Highlander Silver (HSLV.TO), Omai Gold Mines (OMG.V), New Pacific Metals (NUAG.TO), Critical Metals (CRML), RIO2 (RIO.TO), Gogold Resources (GGD.TO).
Is Yunding Technology expensive compared with its peers?
On forward p/e it trades at 69.8× against a peer median of 11.9×, most expensive of 9 in its peer set.
How has Yunding Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -17.6% against -9.3% for the median peer; over one year -26.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.