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Chinese maker of aluminum extrusion and rolled products for industrial, construction and aerospace uses, part of the Nanshan Group.
Chinese maker of aluminum extrusion and rolled products for industrial, construction and aerospace uses, part of the Nanshan Group.
In one line: China's answer to a scaled Kaiser Aluminum rolled-products maker.
Moat: narrow (scale, cost advantage). Backed by the large, vertically integrated Nanshan Group aluminum smelting operations, giving raw-material cost advantages.
Headquarters: Yantai, Shandong, China · Employees: 3,851
Size Nanshan Aluminium International (2610.HK) is a Hong Kong Industrials company (Metal Fabrication) with a market value of $1.67B, the 461st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$21.12 on 6 Nov 2026.
Performance Over six months the shares fell 44.6%, against -12.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 19.4% over the last twelve months (peer median +16.4%); the operating margin is 21.4% (peer median 8.2%).
Valuation It trades at 7.8× forward earnings against a peer median of 24.6× (cheapest of 18).
Capital Return on invested capital runs 0.4 points below its cost of capital (12.1% WACC).
Next results Next results expected around 5 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$7.50B | HK$8.90B | HK$7.96B | HK$5.31B | HK$3.66B |
| Revenue growth | — | +12% | +50% | +45% | — |
| Gross profit | HK$1.87B | HK$3.73B | HK$4.03B | HK$1.55B | HK$878M |
| EBITDA | HK$2.24B | HK$4.02B | HK$4.25B | HK$1.78B | HK$1.06B |
| Net income | HK$1.74B | HK$3.18B | HK$3.14B | HK$960M | HK$530M |
| Free cash flow | -HK$603M | -HK$271M | HK$2.41B | HK$169M | HK$99.2M |
| Capital expenditure | HK$2.07B | HK$3.06B | HK$2.13B | HK$584M | HK$1.18B |
| Total debt | n/a | HK$622,680 | HK$1.66M | HK$0 | HK$0 |
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 |
|---|---|---|---|---|---|---|
| Nanshan Aluminium International 2610.HK | $1.67B | -45% | -19% | 21% | 7.8× | n/a |
| Alcoa AA | $10.4B | -37% | +10% | 14% | 7.4× | -4.9% |
| Breton Technology 1333.HK | $915M | +5% | +16% | -24% | n/a | 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 | 2610.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.2% | -14.0% | 9th highest of 21 |
| 6-month return | -44.6% | -12.8% | 2nd lowest of 21 |
| Distance from 52-week high | -71.8% | -45.7% | 2nd lowest of 21 |
| Revenue growth (TTM) | -19.4% | +16.4% | lowest of 21 |
| Operating margin | 21.4% | 8.2% | 3rd highest of 21 |
| Forward P/E | 7.8× | 24.6× | cheapest of 18 |
| ROIC minus cost of capital | -0.4 pp | -1.9 pp | 9th highest of 21 |
| EV / EBITDA | 3.7× | 18.4× | cheapest of 8 |
| Net debt / EBITDA | -2.3× | 1.2× | least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nanshan Aluminium International 2610.HK | Hong Kong | $1.67B | -45% | -19% | 21% | 7.8× | n/a | n/a |
| Azad Engineering AZAD.NS | India | $1.66B | +8% | +29% | 28% | 91.6× | n/a | n/a |
| Happy Forging HAPPYFORGE.NS | India | $1.70B | +20% | +16% | 25% | 40.5× | 42.7% | +21.2% |
| Gaona Aero Material 300034.SZ | China | $1.71B | -29% | +5% | 5% | 49.0× | 21.3% | +18.5% |
| Changzhou Nrb 002708.SZ | China | $1.63B | +50% | +29% | 1% | 74.0× | n/a | n/a |
| Suzhou UIGreen Micro&Nano Technologies 688661.SS | China | $1.55B | -44% | -7% | -3% | 44.2× | n/a | n/a |
| SF Diamond 300179.SZ | China | $1.81B | -12% | +34% | 11% | 79.8× | 49.2% | +12.2% |
| Essence Fastening Systems (Shanghai) 301005.SZ | China | $1.54B | -55% | +17% | 0% | n/a | n/a | n/a |
| Luoyang Xinqianglian Slewing Bearing 300850.SZ | China | $1.54B | -42% | +10% | 21% | 11.1× | n/a | n/a |
| Usha Martin USHAMART.NS | India | $1.54B | 0% | +9% | 17% | 22.8× | 23.1% | +12.0% |
| Shenzhen Vital New Material 301319.SZ | China | $1.53B | +15% | +34% | 5% | 82.0× | n/a | n/a |
| HENGHUI Technology 301678.SZ | China | $1.53B | -28% | +10% | 8% | n/a | n/a | n/a |
| Baoding Technology 002552.SZ | China | $1.84B | +44% | +64% | 15% | n/a | 11.3% | +54.0% |
| Beijer Alma BEIA-B.ST | Sweden | $1.86B | 0% | +6% | 15% | 20.7× | 9.9% | +12.8% |
| Richelieu Hardware RCH.TO | Canada | $1.48B | -2% | +7% | 7% | 20.5× | 5.7% | +11.7% |
| Hebei Huatong Wires and Cables 605196.SS | China | $1.94B | -41% | +49% | 10% | 13.4× | n/a | n/a |
| Freewon China 688678.SS | China | $1.41B | -13% | +33% | 6% | 19.6× | n/a | n/a |
| Riyue Heavy Industry 603218.SS | China | $1.41B | -28% | -17% | 5% | 24.6× | 5.0% | +4.1% |
| Wuxi Paike New Materials and Technology 605123.SS | China | $1.34B | -31% | +23% | 8% | 22.0× | n/a | n/a |
| Ramkrishna Forgings RKFORGE.NS | India | $1.34B | +12% | +25% | 9% | 46.9× | n/a | n/a |
| NBTM New Materials 600114.SS | China | $2.14B | -40% | +6% | 9% | 22.8× | 13.8% | +13.0% |