Loading…
← CockpitCompetitor Analysis › 600105.SS Jiang Su Etern Co.Ltd Class AOpen in the cockpit ↗

Jiang Su Etern Co.Ltd Class A600105.SSCompetitor analysis, valuation and peers

China · CNY·Information Technology›Telecommunications Equipment

Chinese maker of optical fiber, optical/communication cables and related components for telecom and data-center networks.

≈ China's Corning (fiber/cable side)Momentum laggard 1
Mkt cap
$4.82B
US dollars, full cap
Free float
70%
of shares outstanding
$/day
$379M
20-day average traded
Fwd P/E
24.4×
forward earnings
ROIC−WACC
-2.4 pp
WACC 12.7%
Hurdle
n/a
no reverse DCF
Next earnings
172 days
27 Apr 2027
Close · CNYCN¥21.97
1D-4.7%
1W+1.0%
1M-34.5%
3M-29.5%
6M-48.2%
YTD-12.5%
1Y+55.6%
ATR %9.4%
52w lowhigh70.3% off high

What Jiang Su Etern does

Chinese maker of optical fiber, optical/communication cables and related components for telecom and data-center networks.

Sells fibre and cable largely by carrier tender: China's big carriers buy in large periodic rounds, so orders arrive in lumps tied to their network spending, with prices set by competitive bids.

In one line: China's Corning (fiber/cable side).

Products and services

  • Optical fiber & cable
  • Data/communication cables
  • Optical components & modules
  • Network engineering services

Customers

  • Chinese telecom carriers
  • Data center operators
  • International telecom customers

Where it sits in the supply chain

  • Telecommunications equipment
  • Optical fiber & cable manufacturing
  • Fiber, cable, network components…

What could go right

  • Data-center/AI buildout driving fiber demand
  • 5G network densification

What could go wrong

  • Commodity fiber pricing pressure
  • Cyclical telecom capex

Moat: narrow (scale, process know-how). One of China's oldest fiber-optic cable makers, but competes in a commoditized, price-competitive segment.

Headquarters: Nantong, China · Founded: 1994 · Employees: 3,445

Named competitors

Jiang Su Etern at a glance

Size Jiang Su Etern (600105.SS) is a China Information Technology company (Telecommunications Equipment) with a market value of $4.82B, the 523rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥21.97 on 6 Nov 2026.

Performance Over six months the shares fell 48.2%, against -35.0% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 20 in its peer set.

Growth Revenue grew 48.6% over the last twelve months (peer median +4.8%); the operating margin is 11.9% (peer median 4.0%).

Valuation It trades at 24.4× forward earnings against a peer median of 24.0× (8th cheapest of 15).

Capital Return on invested capital runs 2.4 points below its cost of capital (12.7% WACC).

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 63600105.SS 50
Six months, rebased to 100: Jiang Su Etern against the median of its 20 peers (local-currency closes).

Jiang Su Etern financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥7.09BCN¥5.28BCN¥4.11BCN¥4.34BCN¥4.22B
Revenue growth—+29%-5%+3%—
Gross profitCN¥1.89BCN¥657MCN¥619MCN¥688MCN¥511M
EBITDAn/aCN¥218MCN¥217MCN¥275MCN¥137M
Net incomeCN¥647MCN¥234MCN¥61.4MCN¥43.3MCN¥226M
Free cash flow-CN¥111M-CN¥9.25M-CN¥514MCN¥22.4M-CN¥807M
Capital expenditureCN¥912MCN¥356MCN¥233MCN¥319MCN¥339M
Total debtCN¥4.87BCN¥3.76BCN¥3.43BCN¥3.51BCN¥2.96B

Quarterly statements and history in the cockpit →

Jiang Su Etern competitor charts

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.

Performance: 6-month against 1-month return

-50%-25%0%+25%-20%0%+20%688027OHB600498300136HUBN002236000034ONDS300628GNVSAT6285DGII600118300762600745002583603341600105.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Jiang Su Etern is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×2,000×4,000×688027OHB600498300136HUBN0022360000346285600118600105.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jiang Su Etern is the large dot.

Jiang Su Etern competitors and peer comparison

Head to head with its named competitors (600105.SS vs 6869.HK vs 600487.SS vs GLW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Jiang Su Etern 600105.SS$4.82B-48%+49%12%24.4×n/a
Yangtze Optical Fibre and Cable Joint Stock 6869.HK$17.6B-63%+77%34%7.4×-8.4%
Hengtong Optic-Electric 600487.SS$14.9B-38%+21%9%11.8×n/a
Corning GLW$91.4B-43%+19%17%25.4×24.7%
Fiberhome Telecommunication Technologies 600498.SS$5.50B-42%+16%1%21.5×12.8%

How Jiang Su Etern compares with its peers

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.

Jiang Su Etern against its 20 peers (data as of 6 Nov 2026)
Measure600105.SSPeer medianRank in peer set
1-month return-34.5%-5.5%lowest of 21
6-month return-48.2%-35.0%4th lowest of 20
Distance from 52-week high-70.3%-54.0%4th lowest of 21
Revenue growth (TTM)+48.6%+4.8%2nd highest of 21
Operating margin11.9%4.0%5th highest of 21
Forward P/E24.4×24.0×8th cheapest of 15
ROIC minus cost of capital-2.4 pp-3.4 pp9th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Jiang Su Etern 600105.SSChina$4.82B-48%+49%12%24.4×n/an/a
QuantumCTek 688027.SSChina$4.60B-48%-19%-33%4,259.0×n/an/a
Ohb OHB.DEGermany$4.45B-61%+18%5%60.7×n/an/a
Fiberhome Telecommunication Technologies 600498.SSChina$5.50B-42%+16%1%21.5×12.8%+3.4%
Shenzhen Sunway Communication 300136.SZChina$6.14B-54%+2%9%47.1×30.6%+6.9%
Huber + Suhner HUBN.SWSwitzerland$3.49B-44%-4%9%30.9×11.1%+3.2%
Zhejiang Dahua Technology 002236.SZChina$7.04B-21%+7%7%12.3×n/an/a
Digital China 000034.SZChina$3.16B-22%+28%1%26.6×n/an/a
Ondas ONDSUnited States$3.11B-41%+979%-127%n/an/an/a
Yealink Network Technology 300628.SZChina$7.50B+8%+17%46%16.2×4.3%+17.0%
GN Store Nord A/S GN.CODenmark$2.70B+30%-26%3%n/a18.5%+4.7%
ViaSat VSATUnited States$8.81B-9%+1%2%n/a42.8%+15.5%
Shanghai HuaCe Navigation Technology 300627.SZChina$2.44B-35%0%13%21.0×18.6%+21.3%
WNC 6285.TWTaiwan$2.41B-29%+30%5%10.8×-0.5%+12.0%
Digi International DGIIUnited States$2.40B-4%+20%15%20.6×20.5%+9.0%
Wuhan Changjin Photonics Technology 688635.SSChina$2.39Bn/a+28%39%n/an/an/a
China Spacesat 600118.SSChina$9.75B-46%+6%1%531.4×n/an/a
Jushri Technologies 300762.SZChina$2.31B-45%-17%-91%n/an/an/a
Wingtech Technology 600745.SSChina$2.26B-59%-93%-30%n/an/an/a
Hytera Communications 002583.SZChina$2.17B-20%+4%7%19.4×n/an/a
Shanghai Longcheer Technology 603341.SSChina$2.12B+2%+1%0%29.8×n/an/a

Questions

Who are Jiang Su Etern's main competitors?
Named competitors: Yangtze Optical Fibre and Cable (6869.HK), Hengtong Optic-Electric (600487.SS), Corning Incorporated (GLW), Fiberhome Telecommunication Technologies (600498.SS). The cockpit's measured peer set (industry) also includes QuantumCTek (688027.SS), Ohb (OHB.DE), Fiberhome Telecommunication Technologies (600498.SS), Shenzhen Sunway Communication (300136.SZ), Huber + Suhner (HUBN.SW), Zhejiang Dahua Technology (002236.SZ).
Is Jiang Su Etern expensive compared with its peers?
On forward p/e it trades at 24.4× against a peer median of 24.0×, 8th cheapest of 15 in its peer set.
How has Jiang Su Etern stock performed?
Over six months to 6 Nov 2026 the shares returned -48.2% against -35.0% for the median peer; over one year +55.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.