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Maker of copper foil used in lithium-ion battery electrodes and printed-circuit boards.
Maker of copper foil used in lithium-ion battery electrodes and printed-circuit boards.
Sells thin copper foil, a commodity-like input where price is typically a processing fee added to the copper price, so profits depend on the fee and on how full its plants run. Capacity added across China has pushed processing fees down.
In one line: A Chinese battery-material supplier.
Moat: none (process know-how). Competes in an increasingly commoditised, overcapacity-hit copper-foil market.
Headquarters: Jiujiang, Jiangxi, China · Founded: 2013 · Employees: 3,991
Size Jiujiang Defu Technology (301511.SZ) is a China Industrials company (Metal Fabrication) with a market value of $5.09B, the 493rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥53.88 on 6 Nov 2026.
Performance Over six months the shares fell 28.4%, against -13.7% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 19 in its peer set.
Growth Revenue grew 68.9% over the last twelve months (peer median +17.8%); the operating margin is 6.0% (peer median 10.0%).
Valuation It trades at 44.4× forward earnings against a peer median of 27.7× (7th most expensive of 19).
Capital Return on invested capital runs 6.4 points below its cost of capital (14.3% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥18.5B | CN¥12.4B | CN¥7.80B | CN¥6.53B | CN¥6.38B |
| Revenue growth | — | +59% | +20% | +2% | — |
| Gross profit | CN¥2.05B | CN¥815M | CN¥119M | CN¥459M | CN¥1.03B |
| EBITDA | n/a | CN¥872M | CN¥204M | CN¥503M | CN¥853M |
| Net income | CN¥513M | CN¥113M | -CN¥245M | CN¥133M | CN¥503M |
| Free cash flow | -CN¥1.96B | -CN¥1.30B | -CN¥1.30B | -CN¥1.93B | -CN¥1.85B |
| Capital expenditure | CN¥972M | CN¥916M | CN¥750M | CN¥1.46B | CN¥1.48B |
| Total debt | CN¥12.7B | CN¥11.4B | CN¥8.47B | CN¥7.54B | CN¥4.90B |
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 |
|---|---|---|---|---|---|---|
| Jiujiang Defu Technology 301511.SZ | $5.09B | -28% | +69% | 6% | 44.4× | n/a |
| Nuode New Materials 600110.SS | $2.21B | -22% | +100% | 4% | 37.0× | n/a |
| Zhengyuan Geomatics 688509.SS | $440M | -16% | -22% | -44% | n/a | 30.4% |
| Guangdong Jia Yuan Technology Shares 688388.SS | $2.12B | -38% | +81% | 4% | 17.9× | n/a |
| Solus Advanced Materials 336370.KS | $343M | -52% | +1% | -14% | 16.9× | n/a |
| Mitsui Kinzoku 5706.T | $5.61B | -28% | +11% | 18% | 10.1× | 11.6% |
| Lotte Energy Materials 020150.KS | $1.21B | -53% | -12% | -13% | 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 | 301511.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -42.6% | -6.1% | lowest of 20 |
| 6-month return | -28.4% | -13.7% | 3rd lowest of 19 |
| Distance from 52-week high | -69.9% | -39.1% | lowest of 20 |
| Revenue growth (TTM) | +68.9% | +17.8% | 2nd highest of 21 |
| Operating margin | 6.0% | 10.0% | 6th lowest of 21 |
| Forward P/E | 44.4× | 27.7× | 7th most expensive of 19 |
| ROIC minus cost of capital | -6.4 pp | +0.1 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiujiang Defu Technology 301511.SZ | China | $5.09B | -28% | +69% | 6% | 44.4× | n/a | n/a |
| JL MAG Rare-Earth 6680.HK | Hong Kong | $4.59B | -27% | +46% | 11% | 17.3× | 14.3% | +25.2% |
| Schaeffler India SCHAEFFLER.NS | India | $5.83B | -17% | +23% | 15% | 40.4× | 29.7% | +20.8% |
| POCO 300811.SZ | China | $4.24B | -15% | +48% | 24% | 38.4× | n/a | n/a |
| Hengdian Group DMEGC Magnetics 002056.SZ | China | $4.16B | -9% | +3% | 7% | 14.5× | n/a | n/a |
| PTC Industries PTCIL.NS | India | $4.09B | +45% | +95% | 19% | 174.5× | n/a | n/a |
| SFS SFSN.SW | Switzerland | $6.68B | +15% | +2% | 12% | 19.8× | -2.1% | +12.3% |
| Shyam Metalics & Energy SHYAMMETL.NS | India | $3.84B | +47% | +26% | 9% | 19.3× | n/a | n/a |
| Endurance Technologies ENDURANCE.NS | India | $3.71B | -1% | +32% | 8% | 32.3× | 29.9% | +17.6% |
| Himile Mechanical Science & Technology (Shandong) 002595.SZ | China | $7.40B | -29% | +17% | 20% | 19.8× | 8.4% | +15.9% |
| Sinomach Precision Industry 002046.SZ | China | $3.47B | -17% | -1% | 4% | 75.7× | n/a | n/a |
| Valmont Industries VMI | United States | $7.74B | -21% | +5% | 14% | 15.9× | 10.7% | +7.2% |
| Anhui Tongguan Copper Foil 301217.SZ | China | $8.60B | -12% | +36% | 5% | 105.6× | n/a | n/a |
| Shaanxi Sirui Advanced Materials 688102.SS | China | $2.99B | -39% | +38% | 11% | 96.5× | n/a | n/a |
| Zhejiang XCC 603667.SS | China | $2.99B | -20% | -15% | 2% | 91.0× | 47.9% | +13.9% |
| Zetwerk Manufacturing Businesses ZETWERK.NS | India | $2.96B | n/a | +40% | 1% | n/a | n/a | n/a |
| Bharat Forge BHARATFORG.NS | India | $9.01B | -13% | +18% | 11% | 51.4× | 46.3% | +21.6% |
| Avic Heavy Machinery 600765.SS | China | $2.84B | -23% | -13% | 4% | 23.1× | n/a | n/a |
| Tolerance Technology (Jiangsu) 301583.SZ | China | $2.82B | n/a | +18% | 15% | n/a | n/a | n/a |
| SSAB SSAB-A.ST | Sweden | $9.31B | +10% | +3% | 8% | 12.2× | n/a | n/a |
| Bluescope Steel BSL.AX | Australia | $9.53B | +4% | +2% | 6% | 10.3× | 16.7% | +5.3% |