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Rolls aluminium into high-precision strip and foil for food, pharma and household packaging; controlled by the Hongqiao aluminium group.
Rolls aluminium into high-precision strip and foil for food, pharma and household packaging; controlled by the Hongqiao aluminium group.
Earns by rolling aluminium into strip and foil stock for packaging, so earnings follow the gap between the metal price and processing cost. Much of its molten aluminium and ingot comes from companies in the Hongqiao group, which controls it. A share-issue deal completed at the end of 2025 brought in the parent's Hongtuo Industry aluminium business.
Moat: narrow (cost advantage, scale). Molten aluminium comes from the Hongqiao parent group, saving remelting cost; rolled products are otherwise a commodity.
Headquarters: Binzhou, China · Employees: 36,178
Size Shandong Hongqiao Aluminum Industry (002379.SZ) is a China Industrials company (Metal Fabrication) with a market value of $28.8B, the 63rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.72 on 6 Nov 2026.
Performance Over six months the shares fell 40.9%, against -12.7% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 10 in its peer set.
Growth Revenue grew 9,614.0% over the last twelve months (peer median +16.9%); the operating margin is 19.7% (peer median 12.1%).
Valuation It trades at 6.3× forward earnings against a peer median of 16.4× (cheapest of 10).
Capital Return on invested capital runs 60.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥286B | CN¥156B | CN¥150B | CN¥2.68B | CN¥3.52B |
| Revenue growth | — | +4% | +5,487% | -24% | — |
| Gross profit | CN¥65.1B | CN¥29.6B | CN¥29.5B | CN¥3.90M | CN¥176M |
| EBITDA | n/a | CN¥31.1B | CN¥31.5B | -CN¥36.9M | CN¥143M |
| Net income | CN¥41.3B | CN¥17.9B | CN¥17.2B | -CN¥145M | CN¥22.8M |
| Free cash flow | CN¥41.9B | CN¥18.7B | CN¥16.2B | -CN¥272M | CN¥232M |
| Capital expenditure | CN¥8.59B | CN¥5.35B | CN¥9.09B | CN¥58.6M | CN¥96.5M |
| Total debt | CN¥16.4B | CN¥27.2B | CN¥35.1B | CN¥258M | CN¥368M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Shandong Hongqiao Aluminum Industry 002379.SZ | $28.8B | -41% | +9,614% | 20% | 6.3× | n/a |
| Shandong Nanshan Aluminium 600219.SS | $7.53B | -19% | +4% | 13% | 10.7× | -5.7% |
| Jiangsu Dingsheng New Material Joint-Stock 603876.SS | $2.00B | -52% | +10% | 4% | 12.4× | 8.1% |
| Henan Mingtai Aluminum Industrial 601677.SS | $2.70B | -17% | +19% | 6% | 7.2× | -2.7% |
| Shanghai Huafon Aluminium Corporation 601702.SS | $1.98B | -29% | +10% | 10% | 9.2× | n/a |
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.
| Measure | 002379.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.1% | -5.5% | 4th lowest of 10 |
| 6-month return | -40.9% | -12.7% | lowest of 10 |
| Distance from 52-week high | -56.0% | -25.5% | 2nd lowest of 10 |
| Revenue growth (TTM) | +9,614.0% | +16.9% | highest of 10 |
| Operating margin | 19.7% | 12.1% | 4th highest of 10 |
| Forward P/E | 6.3× | 16.4× | cheapest of 10 |
| ROIC minus cost of capital | +60.0 pp | +0.9 pp | highest of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shandong Hongqiao Aluminum Industry 002379.SZ | China | $28.8B | -41% | +9,614% | 20% | 6.3× | n/a | n/a |
| RBC Bearings RBC | United States | $15.0B | -22% | +17% | 26% | 29.6× | 26.0% | +25.2% |
| SKF SKF-A.ST | Sweden | $12.7B | +18% | -10% | 12% | 16.4× | 5.8% | +4.1% |
| Mueller Industries MLI | United States | $11.5B | -25% | +21% | 20% | 12.0× | 0.0% | +11.7% |
| Bluescope Steel BSL.AX | Australia | $9.53B | +4% | +2% | 6% | 10.3× | 16.7% | +5.3% |
| SSAB SSAB-A.ST | Sweden | $9.31B | +10% | +3% | 8% | 12.2× | n/a | n/a |
| Bharat Forge BHARATFORG.NS | India | $9.01B | -13% | +18% | 11% | 51.4× | 46.3% | +21.6% |
| Anhui Tongguan Copper Foil 301217.SZ | China | $8.60B | -12% | +36% | 5% | 105.6× | n/a | n/a |
| Valmont Industries VMI | United States | $7.74B | -21% | +5% | 14% | 15.9× | 10.7% | +7.2% |
| Himile Mechanical Science & Technology (Shandong) 002595.SZ | China | $7.40B | -29% | +17% | 20% | 19.8× | 8.4% | +15.9% |