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China unit of Ferrotec group, making silicon and quartz components (wafers, susceptors) for semiconductor and solar equipment.
China unit of Ferrotec group, making silicon and quartz components (wafers, susceptors) for semiconductor and solar equipment.
Makes consumable parts, such as silicon rings and quartz pieces that wear out inside chipmaking etch tools and are replaced regularly, so sales follow chip-plant utilisation more than new tool orders. Parts are qualified with equipment makers before use. Ferrotec group of Japan is the parent.
Moat: narrow (process know-how, customer qualification). Qualified supplier of consumable silicon/quartz parts into semiconductor and solar equipment supply chains.
Headquarters: Hefei, Anhui, China · Employees: 5,284
Size Ferrotec (An Hui) Technology Development (301297.SZ) is a China Consumer Discretionary company (Other Consumer Services) with a market value of $3.21B, the 803rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥30.39 on 6 Nov 2026.
Performance Over six months the shares fell 29.6%, against +0.2% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 37.4% over the last twelve months (peer median +9.5%); the operating margin is 9.9% (peer median 13.3%).
Valuation It trades at 6.3× enterprise value to sales against a peer median of 1.5× (3rd most expensive of 21).
Capital Return on invested capital runs 0.0 points below its cost of capital (8.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.25B | CN¥2.86B | CN¥2.66B | CN¥606M | CN¥621M |
| Revenue growth | — | +8% | +339% | -2% | — |
| Gross profit | CN¥1.09B | CN¥751M | CN¥773M | CN¥217M | CN¥208M |
| EBITDA | n/a | CN¥533M | CN¥574M | CN¥149M | CN¥139M |
| Net income | CN¥543M | CN¥403M | CN¥254M | CN¥93.9M | CN¥88.1M |
| Free cash flow | -CN¥355M | -CN¥66.2M | -CN¥215M | CN¥18.7M | -CN¥6.23M |
| Capital expenditure | CN¥705M | CN¥457M | CN¥629M | CN¥121M | CN¥151M |
| Total debt | CN¥139M | CN¥438M | CN¥285M | CN¥7.91M | CN¥106M |
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 |
|---|---|---|---|---|---|---|
| Ferrotec (An Hui) Technology Development 301297.SZ | $3.21B | -30% | +37% | 10% | 6.3× | n/a |
| Ferrotec 6890.T | $2.08B | -19% | +43% | 12% | 1.2× | n/a |
| Shin-etsu Chemical 4063.T | $66.5B | -27% | +5% | 25% | 3.4× | 8.9% |
| Hana Materials 166090.KS | $521M | -51% | +31% | 24% | 2.3× | -2.6% |
| WONIK QnC 074600.KS | $395M | -46% | +11% | 8% | 1.4× | 6.6% |
| Tokai Carbon 5301.T | $2.02B | +41% | 0% | 8% | 1.4× | 9.3% |
| Jiangsu Pacific Quartz 603688.SS | $2.78B | -38% | +15% | 10% | 14.9× | 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 | 301297.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -30.5% | +6.4% | lowest of 21 |
| 6-month return | -29.6% | +0.2% | 2nd lowest of 21 |
| Distance from 52-week high | -54.2% | -22.9% | 2nd lowest of 21 |
| Revenue growth (TTM) | +37.4% | +9.5% | highest of 21 |
| Operating margin | 9.9% | 13.3% | 8th lowest of 21 |
| EV / Sales | 6.3× | 1.5× | 3rd most expensive of 21 |
| ROIC minus cost of capital | -0.0 pp | +5.2 pp | 6th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ferrotec (An Hui) Technology Development 301297.SZ | China | $3.21B | -30% | +37% | 10% | 6.3× | n/a | n/a |
| Stride LRN | United States | $3.15B | -15% | +2% | 19% | 1.2× | -19.1% | +10.4% |
| OneSpaWorld OSW | United States | $3.12B | +25% | +10% | 10% | 3.1× | 19.5% | +51.4% |
| Tongcheng Travel 0780.HK | Hong Kong | $3.38B | -37% | +15% | 17% | 0.8× | -15.0% | +25.8% |
| Jet2 JET2.L | United Kingdom | $3.61B | +34% | +4% | 6% | 0.1× | n/a | n/a |
| Covista CVSA | United States | $3.67B | -18% | +9% | 20% | 2.1× | -3.7% | +16.6% |
| Marriott Vacations Worldwide VAC | United States | $3.80B | +43% | +5% | 11% | 1.7× | 7.7% | +11.8% |
| Indian Railway Catering & Tourism IRCTC.NS | India | $3.87B | -20% | +15% | 30% | 6.7× | 28.7% | +46.4% |
| Peloton Interactive PTON | United States | $2.50B | -1% | -2% | 9% | 1.2× | 7.2% | -9.5% |
| Boyd Group Services BYD.TO | Canada | $2.48B | -24% | +16% | 5% | 1.3× | 9.4% | +16.0% |
| Tui TUI1.DE | Germany | $4.31B | +17% | -2% | 4% | 0.3× | -2.0% | +24.9% |
| Valvoline VVV | United States | $4.44B | -2% | +16% | 18% | 3.2× | 10.3% | -6.2% |
| Planet Fitness PLNT | United States | $4.56B | +31% | +13% | 31% | 5.0× | 4.8% | +26.6% |
| Basic-Fit BFIT.AS | Netherlands | $2.23B | +2% | +18% | 12% | 3.2× | 6.5% | +30.4% |
| Kakaku.com 2371.T | Japan | $4.63B | +42% | +17% | 27% | 6.7× | 4.6% | +13.0% |
| Graham GHC | United States | $5.05B | +7% | +4% | 6% | 1.0× | 8.6% | +11.2% |
| Driven Brands DRVN | United States | $1.96B | -11% | -11% | 15% | 2.0× | 3.3% | +15.5% |
| Park24 4666.T | Japan | $1.93B | -2% | +4% | 10% | 1.1× | -5.2% | +8.6% |
| Flight Centre Travel FLT.AX | Australia | $1.72B | +17% | +3% | 7% | 1.0× | 8.5% | +48.5% |
| Perdoceo Education PRDO | United States | $1.68B | -25% | +12% | 25% | 1.2× | -16.0% | +4.2% |
| Saga SAGA.L | United Kingdom | $1.67B | +56% | +37% | 16% | 2.2× | 12.6% | +14.3% |