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Makes conductive silver pastes used to metallize solar cells, plus materials for LED/IC packaging.
Makes conductive silver pastes used to metallize solar cells, plus materials for LED/IC packaging.
Sells silver paste to solar cell makers, where most of the invoice is the silver itself, so sales largely track the silver price while earnings are the processing margin on top. Paste for back-contact cells is the growth line, and lower-silver pastes help customers cut cost.
In one line: A Chinese conductive-paste maker competing in DuPont/Heraeus's solar metallization niche.
Moat: narrow (process know-how, customer qualification). Leading domestic supplier of BC-cell metallization paste, qualified with major cell makers, but materials remain competitive.
Headquarters: Wuxi, China · Founded: 2010 · Employees: 1,305
Size Wuxi DK Electronic Materials (300842.SZ) is a China Information Technology company (Semiconductors) with a market value of $1.03B, the 2237th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥47.22 on 6 Nov 2026.
Performance Over six months the shares fell 48.0%, against -29.4% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 35.9% over the last twelve months (peer median +8.1%); the operating margin is 3.8% (peer median 3.4%).
Valuation It trades at 34.2× forward earnings against a peer median of 36.9× (7th cheapest of 15).
Capital Return on invested capital runs 0.4 points above its cost of capital (9.0% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥22.5B | CN¥18.0B | CN¥15.3B | CN¥9.59B | CN¥3.76B |
| Revenue growth | — | +18% | +60% | +155% | — |
| Gross profit | CN¥1.94B | CN¥1.59B | CN¥1.41B | CN¥1.04B | CN¥319M |
| EBITDA | n/a | CN¥697M | CN¥664M | CN¥557M | CN¥99.0M |
| Net income | -CN¥263M | -CN¥276M | CN¥360M | CN¥386M | -CN¥17.3M |
| Free cash flow | -CN¥202M | CN¥540M | CN¥791M | -CN¥1.17B | -CN¥280M |
| Capital expenditure | CN¥174M | CN¥144M | CN¥149M | CN¥125M | CN¥85.6M |
| Total debt | CN¥7.67B | CN¥6.36B | CN¥5.49B | CN¥5.02B | CN¥2.24B |
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 |
|---|---|---|---|---|---|---|
| Wuxi DK Electronic Materials 300842.SZ | $1.03B | -48% | +36% | 4% | 34.2× | n/a |
| Changzhou Fusion New Material 688503.SS | $1.71B | -53% | +41% | 2% | 37.6× | n/a |
| Shanghai Aiko Solar Energy 600732.SS | $4.23B | -13% | +25% | -8% | 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 | 300842.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.7% | -15.0% | 9th lowest of 21 |
| 6-month return | -48.0% | -29.4% | 4th lowest of 21 |
| Distance from 52-week high | -63.2% | -49.4% | 3rd lowest of 21 |
| Revenue growth (TTM) | +35.9% | +8.1% | 3rd highest of 21 |
| Operating margin | 3.8% | 3.4% | 10th highest of 21 |
| Forward P/E | 34.2× | 36.9× | 7th cheapest of 15 |
| ROIC minus cost of capital | +0.4 pp | -4.5 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuxi DK Electronic Materials 300842.SZ | China | $1.03B | -48% | +36% | 4% | 34.2× | n/a | n/a |
| Shanghai Fortune Techgroup 300493.SZ | China | $1.04B | -15% | +3% | 3% | 59.6× | 35.9% | +15.8% |
| Beijing OnMicro Electronics 688790.SS | China | $1.04B | -51% | -10% | -16% | n/a | 41.4% | +26.8% |
| Beijing Jingyuntong Technology 601908.SS | China | $1.05B | -26% | -32% | -49% | n/a | -5.1% | -5.1% |
| Telink Semiconductor (Shanghai) 688591.SS | China | $1.05B | -15% | +7% | 4% | 82.2× | n/a | n/a |
| Guizhou Zhenhua Fengguang Semiconductor 688439.SS | China | $1.05B | -28% | -39% | 4% | 14.9× | 18.6% | +16.1% |
| Hannstar Display 6116.TW | Taiwan | $1.01B | +43% | +4% | -25% | 18.4× | 14.9% | -10.2% |
| GCS 4991.TWO | Taiwan | $1.06B | -61% | +52% | 20% | 37.8× | 39.2% | +8.2% |
| Scientech 3583.TW | Taiwan | $1.07B | -46% | +9% | 14% | 16.0× | 10.4% | +26.0% |
| Semitronix 301095.SZ | China | $1.07B | -35% | +29% | 0% | 59.8× | 58.0% | +42.7% |
| Focus Lightings Tech 300708.SZ | China | $1.07B | -14% | -38% | 9% | 28.6× | n/a | n/a |
| ELAN Microelectronics 2458.TW | Taiwan | $996M | -18% | -8% | 21% | 19.1× | -2.8% | -4.0% |
| Suzhou Oriental Semiconductor 688261.SS | China | $994M | -27% | +18% | 0% | 38.3× | n/a | n/a |
| Guangdong Leadyo IC Testing 688135.SS | China | $990M | -23% | +28% | 6% | 236.1× | n/a | n/a |
| Eastcompeace Technology 002017.SZ | China | $1.08B | -34% | +4% | 10% | n/a | 30.4% | +4.5% |
| Koh Young Technology 098460.KS | South Korea | $987M | -49% | +57% | 15% | 25.1× | 20.5% | +5.3% |
| Wuxi Chipown Micro-electronics 688508.SS | China | $1.09B | -35% | +12% | -4% | 36.1× | n/a | n/a |
| Hengbao 002104.SZ | China | $977M | -35% | -17% | -9% | n/a | n/a | n/a |
| Zhuhai Aerospace Microchips Science & Technology 300053.SZ | China | $1.10B | -40% | +10% | -114% | n/a | n/a | n/a |
| Suzhou Good-Ark Electronics 002079.SZ | China | $1.10B | -31% | +12% | 2% | 42.7× | 32.5% | +17.1% |
| Shanghai Prisemi Electronics 688230.SS | China | $970M | -23% | +31% | 19% | n/a | 31.1% | +1.3% |