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Hubei-based maker of paper cigarette packaging and e-cigarette products, including atomisation control chips.
Hubei-based maker of paper cigarette packaging and e-cigarette products, including atomisation control chips.
Prints and sells paper cigarette packs to provincial tobacco companies, a steady contract business, and sells e-cigarette products and the control chips inside vaping devices. E-cigarette demand and regulation swing results, while packaging gives a stable base.
Moat: none. Mostly a contract manufacturer; edge limited to customer relationships in tobacco packaging.
Headquarters: Yichang, China · Employees: 736
Size Jia Yao (1626.HK) is a Hong Kong Materials company (Containers/Packaging) with a market value of $2.05B, the 411th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$26.80 on 6 Nov 2026.
Performance Over six months the shares gained 174.9%, against -4.0% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 161.1% over the last twelve months (peer median +1.7%); the operating margin is 5.8% (peer median 7.4%).
Valuation It trades at 20.0× enterprise value to sales against a peer median of 1.4× (most expensive of 21).
Capital Return on invested capital runs 2.2 points above its cost of capital (5.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$809M | HK$699M | HK$835M | HK$849M | HK$1.13B |
| Revenue growth | — | -16% | -2% | -25% | — |
| Gross profit | HK$212M | HK$156M | HK$219M | HK$268M | HK$159M |
| EBITDA | HK$83.6M | HK$38.0M | HK$59.4M | HK$135M | HK$38.3M |
| Net income | HK$27.2M | HK$1.98M | HK$23.0M | HK$51.4M | HK$6.39M |
| Free cash flow | -HK$7.16M | -HK$627,940 | -HK$57.5M | HK$41.4M | HK$76.3M |
| Capital expenditure | HK$16.6M | HK$18.0M | HK$28.4M | HK$40.9M | HK$17.4M |
| Total debt | n/a | HK$153M | HK$158M | HK$340M | HK$337M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Jia Yao 1626.HK | $2.05B | +175% | +161% | 6% | 20.0× | n/a |
| Shenzhen Jinjia 002191.SZ | $674M | -16% | +32% | -16% | 1.1× | n/a |
| Quzhou DFP New Material 601515.SS | $843M | -36% | +13% | -21% | 2.8× | n/a |
| Smoore International 6969.HK | $6.61B | -19% | +25% | 7% | 2.3× | 28.7% |
| RLX Technology, Inc. Sponsored ADR RLX | $2.00B | -23% | +59% | 13% | 1.1× | -2.1% |
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 | 1626.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.4% | +1.1% | 2nd highest of 21 |
| 6-month return | +174.9% | -4.0% | highest of 21 |
| Distance from 52-week high | -10.5% | -22.7% | 4th highest of 21 |
| Revenue growth (TTM) | +161.1% | +1.7% | highest of 21 |
| Operating margin | 5.8% | 7.4% | 9th lowest of 21 |
| EV / Sales | 20.0× | 1.4× | most expensive of 21 |
| ROIC minus cost of capital | +2.2 pp | -0.5 pp | 8th highest of 21 |
| Net debt / EBITDA | 0.7× | 1.9× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jia Yao 1626.HK | Hong Kong | $2.05B | +175% | +161% | 6% | 20.0× | n/a | n/a |
| Winpak WPK.TO | Canada | $1.91B | +12% | +3% | 15% | 1.4× | -10.9% | +6.6% |
| Shandong Pharmaceutical Glass 600529.SS | China | $1.85B | 0% | -9% | 18% | 2.4× | -2.4% | +5.5% |
| ORG Technology 002701.SZ | China | $1.65B | -22% | +24% | 5% | 0.9× | -5.2% | +15.8% |
| Verallia SAS VRLA.PA | France | $2.56B | -10% | -3% | 9% | 1.2× | 5.6% | +5.6% |
| Jiamei Food Packaging (Chuzhou) 002969.SZ | China | $1.55B | -56% | -10% | 6% | 3.7× | 22.4% | +7.3% |
| Shanghai Zijiang Enterprise 600210.SS | China | $1.54B | -3% | -18% | 10% | 1.4× | n/a | n/a |
| Jiangsu Hualan New Pharmaceutical Material 301093.SZ | China | $1.53B | -27% | +6% | 5% | 14.7× | 50.9% | +6.7% |
| Nine Dragons Paper 2689.HK | Hong Kong | $2.76B | -29% | +22% | 9% | 1.3× | n/a | n/a |
| Shanghai Shunho New Materials Technology 002565.SZ | China | $1.51B | -50% | -15% | -3% | 9.0× | n/a | n/a |
| Ardagh Metal Packaging AMBP | United States | $2.82B | +18% | +17% | 5% | 1.1× | 4.1% | +9.8% |
| Viscofan VIS.MC | Spain | $2.86B | -5% | +3% | 15% | 2.2× | -3.4% | +6.5% |
| TriMas TRS | United States | $1.37B | -10% | -33% | 5% | 1.0× | n/a | n/a |
| Huhtamaki HUH1V.HE | Finland | $3.12B | -1% | -2% | 9% | 1.0× | -6.3% | +3.7% |
| Orora ORA.AX | Australia | $1.34B | +17% | +6% | 11% | 1.2× | 2.5% | -8.9% |
| Graphic Packaging GPK | United States | $3.31B | +5% | 0% | 6% | 1.0× | 5.0% | +5.6% |
| Shenzhen Leaguer 002243.SZ | China | $1.27B | -18% | +5% | -3% | 5.1× | 44.6% | +1.6% |
| Shenzhen Changhong Technology 300151.SZ | China | $1.23B | -12% | -1% | 6% | 8.6× | n/a | n/a |
| Gerresheimer GXI.DE | Germany | $1.21B | +24% | +9% | -4% | 1.4× | 55.8% | +10.3% |
| Fuji Seal International 7864.T | Japan | $1.18B | +38% | +4% | 9% | 0.7× | -9.5% | +5.9% |
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 2.4× | 5.8% | +8.2% |