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Chinese maker of metal beverage and food cans, supplying Red Bull, Budweiser, Coca-Cola and other drink brands.
Chinese maker of metal beverage and food cans, supplying Red Bull, Budweiser, Coca-Cola and other drink brands.
Sells cans on supply contracts to drink makers, and fills cans for brands without their own lines. Three-piece cans for energy drinks and other beverages, long led by Red Bull's China business, carry the volume, while two-piece cans for beer and soft drinks were added by buying Ball's China can business.
Moat: narrow (scale, customer qualification, distribution). Can plants placed near big drinks fillers with multi-year supply ties; one of a few large two-piece can makers in China.
Headquarters: Beijing, China · Employees: 10,281
Size ORG Technology (002701.SZ) is a China Materials company (Containers/Packaging) with a market value of $1.65B, the 1499th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.30 on 6 Nov 2026.
Performance Over six months the shares fell 21.8%, against -6.2% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 24.5% over the last twelve months (peer median +0.5%); the operating margin is 5.5% (peer median 6.5%).
Valuation It trades at 9.6× forward earnings against a peer median of 16.1× (2nd cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -21 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥26.3B | CN¥24.0B | CN¥13.6B | CN¥13.8B | CN¥14.0B |
| Revenue growth | — | +76% | -1% | -2% | — |
| Gross profit | CN¥4.13B | CN¥2.84B | CN¥2.11B | CN¥1.98B | CN¥1.56B |
| EBITDA | n/a | CN¥2.44B | CN¥1.71B | CN¥1.70B | CN¥1.44B |
| Net income | CN¥849M | CN¥1.01B | CN¥791M | CN¥775M | CN¥565M |
| Free cash flow | CN¥1.10B | CN¥2.10B | CN¥2.00B | CN¥1.11B | CN¥680M |
| Capital expenditure | CN¥698M | CN¥624M | CN¥372M | CN¥507M | CN¥499M |
| Total debt | CN¥15.6B | CN¥15.1B | CN¥5.34B | CN¥4.49B | CN¥5.07B |
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 |
|---|---|---|---|---|---|---|
| ORG Technology 002701.SZ | $1.65B | -22% | +24% | 5% | 9.6× | -5.2% |
| Shanghai Baosteel Packaging 601968.SS | $785M | -19% | +17% | 4% | 17.3× | n/a |
| Sunrise 002752.SZ | $766M | -29% | +8% | 6% | 11.1× | -5.7% |
| Ball BALL | $17.2B | +13% | +21% | 11% | 15.3× | 6.4% |
| Crown CCK | $13.1B | +20% | +14% | 12% | 13.9× | -4.7% |
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 | 002701.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.7% | +0.4% | 8th lowest of 21 |
| 6-month return | -21.8% | -6.2% | 5th lowest of 21 |
| Distance from 52-week high | -32.3% | -22.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +24.5% | +0.5% | 2nd highest of 21 |
| Operating margin | 5.5% | 6.5% | 8th lowest of 21 |
| Forward P/E | 9.6× | 16.1× | 2nd cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -5.2% | 2.5% | 4th least demanding of 12 |
| Growth delivered (Del g) | +15.8% | +5.9% | highest of 12 |
| Hurdle (Req g minus delivered) | -21.0 pp | -0.0 pp | least demanding of 12 |
| ROIC minus cost of capital | +2.0 pp | -0.6 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ORG Technology 002701.SZ | China | $1.65B | -22% | +24% | 5% | 9.6× | -5.2% | +15.8% |
| Jiamei Food Packaging (Chuzhou) 002969.SZ | China | $1.55B | -56% | -10% | 6% | 86.4× | 22.4% | +7.3% |
| Shanghai Zijiang Enterprise 600210.SS | China | $1.54B | -3% | -18% | 10% | 11.3× | n/a | n/a |
| Jiangsu Hualan New Pharmaceutical Material 301093.SZ | China | $1.53B | -27% | +6% | 5% | 77.4× | 50.9% | +6.7% |
| Shanghai Shunho New Materials Technology 002565.SZ | China | $1.51B | -50% | -15% | -3% | n/a | n/a | n/a |
| Shandong Pharmaceutical Glass 600529.SS | China | $1.85B | 0% | -9% | 18% | 16.5× | -2.4% | +5.5% |
| Winpak WPK.TO | Canada | $1.91B | +12% | +3% | 15% | 12.5× | -10.9% | +6.6% |
| TriMas TRS | United States | $1.37B | -10% | -33% | 5% | 19.1× | n/a | n/a |
| Orora ORA.AX | Australia | $1.34B | +17% | +6% | 11% | 15.8× | 2.5% | -8.9% |
| Jia Yao 1626.HK | Hong Kong | $2.05B | +175% | +161% | 6% | n/a | n/a | n/a |
| Shenzhen Leaguer 002243.SZ | China | $1.27B | -18% | +5% | -3% | 19.9× | 44.6% | +1.6% |
| Shenzhen Changhong Technology 300151.SZ | China | $1.23B | -12% | -1% | 6% | 59.9× | n/a | n/a |
| Gerresheimer GXI.DE | Germany | $1.21B | +24% | +9% | -4% | 18.0× | 55.8% | +10.3% |
| Fuji Seal International 7864.T | Japan | $1.18B | +38% | +4% | 9% | 10.8× | -9.5% | +5.9% |
| Cascades CAS.TO | Canada | $1.15B | +49% | +1% | 5% | 9.2× | -1.9% | +3.1% |
| Suzhou Hycan 002787.SZ | China | $1.09B | -10% | 0% | 7% | 36.4× | n/a | n/a |
| Taiwan Hon Chuan Enterprise 9939.TW | Taiwan | $1.07B | +7% | 0% | 15% | 10.2× | n/a | n/a |
| Verallia SAS VRLA.PA | France | $2.56B | -10% | -3% | 9% | 14.7× | 5.6% | +5.6% |
| Huangshan Novel 002014.SZ | China | $1.02B | +5% | +9% | 12% | 15.7× | n/a | n/a |
| Elopak ELO.OL | Norway | $1.01B | -11% | 0% | 9% | 11.8× | -8.3% | +7.7% |
| Zhejiang Great Shengda Packing 603687.SS | China | $995M | -30% | +1% | 3% | 32.6× | n/a | n/a |