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Chinese maker of industrial aluminum extrusion profiles for rail transit, automotive and machinery uses.
Chinese maker of industrial aluminum extrusion profiles for rail transit, automotive and machinery uses.
Prices extrusions as the aluminium cost plus a processing charge, so aluminium price moves are largely passed through and earnings depend on volume and the processing margin per tonne. Rail-transit and industrial profiles take longer to qualify but then tend to be supplied for years.
Moat: narrow (customer qualification, process know-how). Qualified extrusion supplier to rail-transit programs, harder to displace once certified.
Headquarters: Foshan, Guangdong, China · Employees: 5,555
Size Guangdong Hoshion Industrial Aluminium (002824.SZ) is a China Materials company (Aluminum) with a market value of $825M, the 2681st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥17.75 on 6 Nov 2026.
Performance Over six months the shares fell 29.2%, against -24.9% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 34.5% over the last twelve months (peer median +15.5%); the operating margin is 3.8% (peer median 2.9%).
Valuation It trades at 29.1× forward earnings against a peer median of 25.0× (5th most expensive of 11).
Capital Return on invested capital runs 4.3 points below its cost of capital (11.1% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.07B | CN¥4.00B | CN¥3.33B | CN¥2.90B | CN¥2.99B |
| Revenue growth | — | +20% | +15% | -3% | — |
| Gross profit | CN¥865M | CN¥553M | CN¥393M | CN¥452M | CN¥551M |
| EBITDA | n/a | CN¥344M | CN¥246M | CN¥277M | CN¥343M |
| Net income | CN¥178M | CN¥155M | CN¥80.5M | CN¥142M | CN¥205M |
| Free cash flow | -CN¥25.2M | -CN¥58.3M | CN¥112M | -CN¥400M | -CN¥202M |
| Capital expenditure | CN¥213M | CN¥208M | CN¥308M | CN¥268M | CN¥361M |
| Total debt | CN¥2.26B | CN¥1.61B | CN¥1.34B | CN¥1.09B | CN¥623M |
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 |
|---|---|---|---|---|---|---|
| Guangdong Hoshion Industrial Aluminium 002824.SZ | $825M | -29% | +34% | 4% | 29.1× | n/a |
| Guangdong Haomei New Material 002988.SZ | $1.01B | -22% | +16% | 1% | 55.2× | n/a |
| Zhejiang Wanliyang 002434.SZ | $1.19B | -13% | -30% | -10% | 15.5× | 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 | 002824.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.5% | -9.0% | 5th lowest of 21 |
| 6-month return | -29.2% | -24.9% | 8th lowest of 21 |
| Distance from 52-week high | -57.6% | -39.3% | 5th lowest of 21 |
| Revenue growth (TTM) | +34.5% | +15.5% | 4th highest of 21 |
| Operating margin | 3.8% | 2.9% | 10th highest of 21 |
| Forward P/E | 29.1× | 25.0× | 5th most expensive of 11 |
| ROIC minus cost of capital | -4.3 pp | -2.5 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangdong Hoshion Industrial Aluminium 002824.SZ | China | $825M | -29% | +34% | 4% | 29.1× | n/a | n/a |
| GETO New Materials 300986.SZ | China | $856M | -39% | +23% | 9% | 23.5× | n/a | n/a |
| Jiangsu Asia-Pacific Light Alloy Technology 002540.SZ | China | $885M | -20% | +26% | 2% | 11.8× | n/a | n/a |
| Fujian Minfa Aluminium 002578.SZ | China | $726M | +20% | +15% | -2% | 62.6× | n/a | n/a |
| Nippon Light Metal 5703.T | Japan | $949M | -15% | +14% | 5% | 8.8× | -4.1% | +6.2% |
| Yechiu Metal Recycling (China) 601388.SS | China | $1.01B | -25% | +10% | 7% | 16.2× | 2.0% | +6.2% |
| Guangdong Haomei New Material 002988.SZ | China | $1.01B | -22% | +16% | 1% | 55.2× | n/a | n/a |
| Yong Jie New Material 603271.SS | China | $1.03B | -33% | +57% | 4% | n/a | 9.1% | +20.3% |
| Yinbang Clad Material 300337.SZ | China | $1.06B | -38% | +45% | 3% | n/a | n/a | n/a |
| Shenzhen Sunxing Light Alloy Materials 603978.SS | China | $601M | -29% | +32% | 1% | n/a | n/a | n/a |
| Elkem ELK.OL | Norway | $1.18B | +7% | -12% | 3% | n/a | 17.0% | -7.2% |
| Jiangsu Alcha Aluminium 002160.SZ | China | $573M | -25% | +8% | 2% | 26.4× | n/a | n/a |
| Chongqing Shunbo Aluminum 002996.SZ | China | $566M | -25% | +17% | 1% | n/a | n/a | n/a |
| Grinm Metal Composites (Beijing) Technology 688811.SS | China | $1.27B | -30% | 0% | 11% | n/a | n/a | n/a |
| Zyf Lopsking Material Technology 002333.SZ | China | $513M | -8% | -17% | 3% | n/a | 13.7% | +13.0% |
| Giansun Precision Technology 001400.SZ | China | $1.41B | -35% | 0% | 10% | n/a | n/a | n/a |
| Shandong Chiway Industry Development 002374.SZ | China | $479M | -8% | -10% | -38% | n/a | n/a | n/a |
| Sam-A Aluminium 006110.KS | South Korea | $459M | -40% | +19% | -5% | 81.3× | n/a | n/a |
| Nantong Haixing Electronics 603115.SS | China | $1.62B | -22% | +21% | 8% | 33.5× | n/a | n/a |
| Jiaozuo Wanfang Aluminum Manufacturing 000612.SZ | China | $1.71B | -28% | +13% | 32% | n/a | -13.0% | +6.6% |
| Kaiser Aluminum KALU | United States | $1.75B | -41% | +40% | 8% | 10.9× | 0.8% | +23.5% |