Chinese maker of clad (bonded) metal materials, including coin blanks and electrical-contact composite strips.
Chinese maker of clad (bonded) metal materials, including coin blanks and electrical-contact composite strips.
Coin blanks are sold to mints in batches, so orders tied to coinage programs arrive unevenly. Contact strips sold to component makers are priced partly on the cost of copper and silver.
Moat: narrow (process know-how, customer qualification). Metal-cladding for coin blanks requires specialized bonding processes and mint qualification.
Headquarters: Ningbo, Zhejiang, China · Employees: 1,901
Size Yinbang Clad Material (300337.SZ) is a China Materials company (Aluminum) with a market value of $1.06B, the 2189th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.60 on 6 Nov 2026.
Performance Over six months the shares fell 38.4%, against -24.9% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 44.6% over the last twelve months (peer median +15.5%); the operating margin is 2.8% (peer median 4.8%).
Valuation It trades at 1.3× enterprise value to sales against a peer median of 1.1× (7th most expensive of 21).
Capital Return on invested capital runs 1.7 points below its cost of capital (6.0% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥8.78B | CN¥6.39B | CN¥5.35B | CN¥4.44B | CN¥3.93B |
| Revenue growth | — | +20% | +20% | +13% | — |
| Gross profit | CN¥958M | CN¥616M | CN¥538M | CN¥438M | CN¥347M |
| EBITDA | n/a | CN¥331M | CN¥302M | CN¥274M | CN¥251M |
| Net income | CN¥84.2M | CN¥46.3M | CN¥57.7M | CN¥64.5M | CN¥67.3M |
| Free cash flow | -CN¥1.06B | -CN¥694M | -CN¥883M | -CN¥589M | CN¥170M |
| Capital expenditure | CN¥91.7M | CN¥190M | CN¥467M | CN¥699M | CN¥64.0M |
| Total debt | CN¥5.05B | CN¥4.03B | CN¥3.29B | CN¥2.41B | CN¥2.02B |
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 |
|---|---|---|---|---|---|---|
| Yinbang Clad Material 300337.SZ | $1.06B | -38% | +45% | 3% | 1.3× | n/a |
| Grinm Metal Composites (Beijing) Technology 688811.SS | $1.27B | -30% | 0% | 11% | 12.9× | 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 | 300337.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.0% | -9.0% | 4th highest of 21 |
| 6-month return | -38.4% | -24.9% | 3rd lowest of 21 |
| Distance from 52-week high | -60.4% | -39.3% | 3rd lowest of 21 |
| Revenue growth (TTM) | +44.6% | +15.5% | 2nd highest of 21 |
| Operating margin | 2.8% | 4.8% | 8th lowest of 21 |
| EV / Sales | 1.3× | 1.1× | 7th most expensive of 21 |
| ROIC minus cost of capital | -1.7 pp | -1.5 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yinbang Clad Material 300337.SZ | China | $1.06B | -38% | +45% | 3% | 1.3× | n/a | n/a |
| Yong Jie New Material 603271.SS | China | $1.03B | -33% | +57% | 4% | 0.8× | 9.1% | +20.3% |
| Guangdong Haomei New Material 002988.SZ | China | $1.01B | -22% | +16% | 1% | 1.1× | n/a | n/a |
| Yechiu Metal Recycling (China) 601388.SS | China | $1.01B | -25% | +10% | 7% | 0.8× | 2.0% | +6.2% |
| Elkem ELK.OL | Norway | $1.18B | +7% | -12% | 3% | 1.2× | 17.0% | -7.2% |
| Nippon Light Metal 5703.T | Japan | $949M | -15% | +14% | 5% | 0.5× | -4.1% | +6.2% |
| Jiangsu Asia-Pacific Light Alloy Technology 002540.SZ | China | $885M | -20% | +26% | 2% | 0.8× | n/a | n/a |
| Grinm Metal Composites (Beijing) Technology 688811.SS | China | $1.27B | -30% | 0% | 11% | 12.9× | n/a | n/a |
| GETO New Materials 300986.SZ | China | $856M | -39% | +23% | 9% | 2.4× | n/a | n/a |
| Guangdong Hoshion Industrial Aluminium 002824.SZ | China | $825M | -29% | +34% | 4% | 1.3× | n/a | n/a |
| Giansun Precision Technology 001400.SZ | China | $1.41B | -35% | 0% | 10% | 9.1× | n/a | n/a |
| Fujian Minfa Aluminium 002578.SZ | China | $726M | +20% | +15% | -2% | 2.3× | n/a | n/a |
| Nantong Haixing Electronics 603115.SS | China | $1.62B | -22% | +21% | 8% | 4.1× | n/a | n/a |
| Jiaozuo Wanfang Aluminum Manufacturing 000612.SZ | China | $1.71B | -28% | +13% | 32% | 1.2× | -13.0% | +6.6% |
| Kaiser Aluminum KALU | United States | $1.75B | -41% | +40% | 8% | 0.6× | 0.8% | +23.5% |
| Granges GRNG.ST | Sweden | $1.83B | -6% | +27% | 6% | 0.7× | n/a | n/a |
| Shenzhen Sunxing Light Alloy Materials 603978.SS | China | $601M | -29% | +32% | 1% | 1.4× | n/a | n/a |
| Innovation New Material Technology 600361.SS | China | $1.91B | -24% | +4% | 1% | 0.3× | n/a | n/a |
| Jiangsu Alcha Aluminium 002160.SZ | China | $573M | -25% | +8% | 2% | 0.8× | n/a | n/a |
| Shanghai Huafon Aluminium Corporation 601702.SS | China | $1.98B | -29% | +10% | 10% | 1.2× | n/a | n/a |
| Chongqing Shunbo Aluminum 002996.SZ | China | $566M | -25% | +17% | 1% | 0.7× | n/a | n/a |