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← CockpitCompetitor Analysis › 002578.SZ Fujian Minfa Aluminium Co., Ltd. Class AOpen in the cockpit ↗

Fujian Minfa Aluminium Co., Ltd. Class A002578.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Aluminum
Momentum leader 99
Mkt cap
$726M
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$25.1M
20-day average traded
P/B
3.13×
price to book
ROE
-1.2%
delivered
Implied ROE
25.7%
what the price asks
Close · CNYCN¥5.01
1D+10.1%
1W+61.1%
1M+21.6%
3M+63.7%
6M+20.4%
YTD+11.6%
1Y+34.3%
ATR %5.8%
52w lowhigh8.2% off high

What Fujian Minfa Aluminium does

Employees: 1,657

Fujian Minfa Aluminium at a glance

Size Fujian Minfa Aluminium (002578.SZ) is a China Materials company (Aluminum) with a market value of $726M, the 2988th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.01 on 6 Nov 2026.

Performance Over six months the shares gained 20.4%, against -24.7% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 14.9% over the last twelve months (peer median +13.5%); the operating margin is -1.8% (peer median 2.8%).

Valuation It trades at 3.13× book value against a peer median of 2.22× (5th most expensive of 21).

Price implies The share price implies a return on equity of about 25.7%; Fujian Minfa Aluminium delivers -1.3%, so the price asks more than the business earns today.

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026002578.SZ 118Peer median 75
Six months, rebased to 100: Fujian Minfa Aluminium against the median of its 20 peers (local-currency closes).

Fujian Minfa Aluminium financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.18BCN¥1.90BCN¥2.23BCN¥2.81BCN¥2.79B
Revenue growth—-15%-21%+1%—
Gross profitCN¥156MCN¥79.0MCN¥118MCN¥142MCN¥181M
EBITDAn/aCN¥29.3MCN¥93.0MCN¥110MCN¥164M
Net income-CN¥18.9M-CN¥29.7MCN¥20.8MCN¥26.9MCN¥49.9M
Free cash flow-CN¥223M-CN¥263MCN¥41.9M-CN¥121M-CN¥82.9M
Capital expenditureCN¥63.2MCN¥77.7MCN¥45.0MCN¥83.6MCN¥35.1M
Total debtCN¥732MCN¥775MCN¥636MCN¥848MCN¥656M

Quarterly statements and history in the cockpit →

Fujian Minfa Aluminium 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

-40%-20%0%+20%-20%0%+20%0028243009866039780025400021605703002988002333603271300337002374006110ELK6888110028065702001400001324002578.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Fujian Minfa Aluminium is the large dot.

Fundamentals: return on equity against price-to-book

-10%-5%0%5%10%20×40×60×0028243009866039780025400021600029965703601388002988002333603271300337002374006110ELK6888110028065702001400001324002578.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Fujian Minfa Aluminium is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%0%50%-50%0%50%002824300986603978002540002160603271002374006110001400002578.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Fujian Minfa Aluminium is the large dot.

Fujian Minfa Aluminium competitors and peer comparison

How Fujian Minfa Aluminium 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.

Fujian Minfa Aluminium against its 20 peers (data as of 6 Nov 2026)
Measure002578.SZPeer medianRank in peer set
1-month return+21.6%-10.3%highest of 21
6-month return+20.4%-24.7%highest of 21
Return on equity-1.2%4.8%4th lowest of 21
Price / book3.13×2.22×5th most expensive of 21
ROE the price implies25.7%18.8%7th most demanding of 21
ROE delivered-1.3%4.7%4th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Fujian Minfa Aluminium 002578.SZChina$726M+20%+15%-1%3.13×25.7%-1.3%
Guangdong Hoshion Industrial Aluminium 002824.SZChina$825M-29%+34%8%2.30×32.3%7.7%
GETO New Materials 300986.SZChina$856M-39%+23%8%2.51×37.7%7.7%
Shenzhen Sunxing Light Alloy Materials 603978.SSChina$601M-29%+32%-1%2.42×20.8%-0.7%
Jiangsu Asia-Pacific Light Alloy Technology 002540.SZChina$885M-20%+26%5%1.06×9.3%4.9%
Jiangsu Alcha Aluminium 002160.SZChina$573M-25%+8%2%1.02×9.7%1.8%
Chongqing Shunbo Aluminum 002996.SZChina$566M-25%+17%7%1.07×8.4%6.7%
Nippon Light Metal 5703.TJapan$949M-15%+14%9%0.58×5.7%8.8%
Yechiu Metal Recycling (China) 601388.SSChina$1.01B-25%+10%10%1.41×12.5%9.6%
Guangdong Haomei New Material 002988.SZChina$1.01B-22%+16%2%2.40×22.2%1.8%
Zyf Lopsking Material Technology 002333.SZChina$513M-8%-17%2%1.77×8.0%1.7%
Yong Jie New Material 603271.SSChina$1.03B-33%+57%24%2.02×21.5%24.4%
Yinbang Clad Material 300337.SZChina$1.06B-38%+45%5%3.84×29.0%4.7%
Shandong Chiway Industry Development 002374.SZChina$479M-8%-10%-46%6.21×63.1%-45.8%
Sam-A Aluminium 006110.KSSouth Korea$459M-40%+19%-10%2.81×17.9%-9.9%
Elkem ELK.OLNorway$1.18B+7%-12%3%0.85×8.2%3.1%
Grinm Metal Composites (Beijing) Technology 688811.SSChina$1.27B-30%0%9%5.39×95.9%n/a
Guangdong Huafeng New Energy Technology 002806.SZChina$381M-15%+7%-4%2.31×19.6%-4.5%
Daiki Aluminium Industry 5702.TJapan$378M0%+13%7%0.74×8.2%7.2%
Giansun Precision Technology 001400.SZChina$1.41B-35%0%7%6.44×78.4%7.1%
Changzhou Evergreen Technology 001324.SZChina$371M-12%+8%3%2.15×8.8%3.1%

Questions

Which companies are Fujian Minfa Aluminium's closest peers?
The cockpit's peer set: Guangdong Hoshion Industrial Aluminium (002824.SZ), GETO New Materials (300986.SZ), Shenzhen Sunxing Light Alloy Materials (603978.SS), Jiangsu Asia-Pacific Light Alloy Technology (002540.SZ), Jiangsu Alcha Aluminium (002160.SZ), Chongqing Shunbo Aluminum (002996.SZ), Nippon Light Metal (5703.T), Yechiu Metal Recycling (China) (601388.SS).
Is Fujian Minfa Aluminium expensive compared with its peers?
On price / book it trades at 3.13× against a peer median of 2.22×, 5th most expensive of 21 in its peer set. The share price implies a return on equity of about 25.7%; Fujian Minfa Aluminium delivers -1.3%, so the price asks more than the business earns today.
How has Fujian Minfa Aluminium stock performed?
Over six months to 6 Nov 2026 the shares returned +20.4% against -24.7% for the median peer; over one year +34.3%.

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.