Employees: 4,617
Size Jiangsu Lopal Tech (2465.HK) is a Hong Kong Materials company (Chemicals: Specialty) with a market value of $694M, the 678th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$6.88 on 6 Nov 2026.
Performance Over six months the shares fell 66.8%, against -23.4% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 19 in its peer set.
Growth Revenue grew 106.8% over the last twelve months (peer median +10.7%); the operating margin is 7.2% (peer median 3.6%).
Valuation It trades at 5.7× forward earnings against a peer median of 28.2× (cheapest of 10).
Capital Return on invested capital runs 2.6 points above its cost of capital (6.4% WACC).
Next results Next results expected around 2 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$17.5B | HK$9.67B | HK$8.31B | HK$9.62B | HK$16.3B |
| Revenue growth | — | +16% | -14% | -41% | — |
| Gross profit | HK$3.77B | HK$1.24B | HK$642M | -HK$102M | HK$2.80B |
| EBITDA | n/a | HK$1.02B | HK$224M | -HK$1.11B | HK$1.88B |
| Net income | HK$511M | -HK$187M | -HK$699M | -HK$1.36B | HK$876M |
| Free cash flow | -HK$3.49B | -HK$580M | HK$227M | -HK$1.36B | -HK$5.13B |
| Capital expenditure | HK$1.35B | HK$1.05B | HK$665M | HK$2.39B | HK$1.37B |
| Total debt | HK$19.7B | HK$12.3B | HK$9.54B | HK$11.0B | HK$6.59B |
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.
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 | 2465.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.2% | -11.5% | 2nd lowest of 21 |
| 6-month return | -66.8% | -23.4% | 2nd lowest of 19 |
| Distance from 52-week high | -70.7% | -46.3% | 3rd lowest of 21 |
| Revenue growth (TTM) | +106.8% | +10.7% | 2nd highest of 21 |
| Operating margin | 7.2% | 3.6% | 7th highest of 20 |
| Forward P/E | 5.7× | 28.2× | cheapest of 10 |
| ROIC minus cost of capital | +2.6 pp | -4.1 pp | 4th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Lopal Tech 2465.HK | Hong Kong | $694M | -67% | +107% | 7% | 5.7× | n/a | n/a |
| Ningbo Runhe High-Tech Materials 300727.SZ | China | $695M | -32% | +18% | 5% | 42.9× | 33.7% | +14.6% |
| Gujarat Narmada Valley Fertilizers & Chemicals GNFC.NS | India | $703M | -10% | +22% | 10% | n/a | 4.4% | +7.2% |
| Societe Explosifs et Produits Chimiques EXPL.PA | France | $684M | +4% | +13% | 7% | 19.7× | 7.7% | +9.8% |
| Liaoning Xinde New Material Technology 301349.SZ | China | $711M | -20% | +63% | 7% | 28.2× | n/a | n/a |
| Anhui Estone Materials Technology 688733.SS | China | $676M | -25% | +44% | -5% | 51.9× | n/a | n/a |
| Orinko Advanced Plastics 688219.SS | China | $714M | -23% | +13% | 2% | n/a | 14.4% | +9.5% |
| Lightwave Logic LWLG | United States | $673M | -73% | +165% | -9,688% | n/a | n/a | n/a |
| Zhejiang Jiaao Enprotech Stock 603822.SS | China | $718M | -19% | +101% | 19% | 9.7× | -7.5% | +31.6% |
| DL 000210.KS | South Korea | $718M | -37% | +5% | 10% | n/a | n/a | n/a |
| Hangzhou Grascent 301688.SZ | China | $720M | n/a | +12% | n/a | n/a | 47.1% | n/a |
| Yuanli Chemical 603217.SS | China | $720M | -25% | +8% | 10% | 18.0× | n/a | n/a |
| Malion New Materials 300586.SZ | China | $720M | -42% | +4% | -4% | n/a | n/a | n/a |
| Shanghai Allied Industrial 301419.SZ | China | $723M | +10% | +19% | 14% | n/a | n/a | n/a |
| Kornit Digital KRNT | United States | $724M | +4% | +4% | -17% | 86.4× | 36.2% | +0.9% |
| Cybrid Technologies 603212.SS | China | $725M | -19% | -9% | -7% | n/a | n/a | n/a |
| Waga Energy WAGA.PA | France | $659M | -3% | +7% | -20% | n/a | n/a | n/a |
| Jiangsu Baichuan High-Tech New Materials 002455.SZ | China | $656M | -42% | +9% | 1% | n/a | n/a | n/a |
| Sino-High (China) 301076.SZ | China | $736M | -24% | +4% | 14% | 57.1× | 43.8% | +9.1% |
| Beijing Shougang LanzaTech Technology 2553.HK | Hong Kong | $653M | n/a | 0% | -45% | n/a | n/a | n/a |
| Hebei Cangzhou Dahua 600230.SS | China | $738M | -36% | -1% | 4% | 16.6× | -0.4% | +22.6% |