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← CockpitCompetitor Analysis › 600330.SS TDG Holding Co., Ltd. Class AOpen in the cockpit ↗

TDG Holding Co., Ltd. Class A600330.SSCompetitor analysis, valuation and peers

China · CNY·Industrials›Electrical Products

Zhejiang maker of soft-magnetic ferrite materials and cores, piezoelectric and sapphire crystals, plus crystal and powder-processing equipment.

Momentum laggard 10
Mkt cap
$2.96B
US dollars, full cap
Free float
82%
of shares outstanding
$/day
$216M
20-day average traded
Fwd P/E
320.4×
forward earnings
ROIC−WACC
-16.9 pp
WACC 14.3%
Hurdle
n/a
no reverse DCF
Next earnings
167 days
22 Apr 2027
Close · CNYCN¥16.02
1D-6.5%
1W-11.4%
1M-33.8%
3M-2.7%
6M-42.6%
YTD+22.0%
1Y+52.6%
ATR %10.8%
52w lowhigh57.1% off high

What TDG does

Zhejiang maker of soft-magnetic ferrite materials and cores, piezoelectric and sapphire crystals, plus crystal and powder-processing equipment.

Started in ferrite, the ceramic magnetic material inside power supplies and electronic coils, and has branched into lithium tantalate and niobate crystals for radio-frequency filters and into sapphire crystals. It also builds crystal-growth, powder-processing and display equipment as a separate division.

Products and services

  • Soft-magnetic materials and cores (power-supply ferrite, NFC
  • Lithium tantalate and niobate piezoelectric crystals
  • Sapphire crystal rods and substrates
  • High-end equipment (powder, crystal and display equipment)

Customers

  • Electronics and power-supply makers
  • RF-filter and communication-device makers
  • Consumer-electronics makers

Where it sits in the supply chain

  • Electronic materials
  • Magnetic materials and crystals
  • Ferrites, piezoelectric crystals and…

What could go right

  • Piezoelectric wafers for RF filters
  • Pairing materials with equipment

What could go wrong

  • Cyclical electronics demand
  • Crowded magnetic-materials market

Moat: narrow (process know-how, scale). Decades of ferrite know-how and in-house crystal-growth equipment; materials are cyclical and competitive.

Headquarters: Haining, China · Employees: 4,792

Named competitors

TDG at a glance

Size TDG (600330.SS) is a China Industrials company (Electrical Products) with a market value of $2.96B, the 872nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.02 on 6 Nov 2026.

Performance Over six months the shares fell 42.6%, against -29.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue grew 20.8% over the last twelve months (peer median +15.7%); the operating margin is -19.1% (peer median 9.8%).

Valuation It trades at 320.4× forward earnings against a peer median of 18.3× (most expensive of 18).

Capital Return on invested capital runs 16.9 points below its cost of capital (14.3% WACC).

Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).

Relative performance

7510012511 May 202611 Aug 20266 Nov 2026Peer median 69600330.SS 59
Six months, rebased to 100: TDG against the median of its 20 peers (local-currency closes).

TDG financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.59BCN¥3.19BCN¥3.06BCN¥3.67BCN¥4.49B
Revenue growth—+4%-16%-18%—
Gross profitCN¥1.09BCN¥518MCN¥543MCN¥693MCN¥1.06B
EBITDAn/aCN¥231MCN¥316MCN¥504MCN¥716M
Net income-CN¥545M-CN¥165MCN¥88.7MCN¥325MCN¥669M
Free cash flow-CN¥59.0M-CN¥670M-CN¥862M-CN¥91.8MCN¥142M
Capital expenditureCN¥373MCN¥774MCN¥1.06BCN¥520MCN¥612M
Total debtCN¥1.67BCN¥1.87BCN¥1.71BCN¥1.57BCN¥973M

Quarterly statements and history in the cockpit →

TDG 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

-40%-20%0%-20%0%+20%002130688772002266172965925344601615300568001301688819688279002498002249603376SCHNEIDER11333006996674002270600330.SS6-month return →1-month return →
Up and to the right = strong over both horizons. TDG is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%+80%0×100×200×300×00213068877200226617296592601615300568001301688819688279SCHNEIDER300699600330.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. TDG is the large dot.

TDG competitors and peer comparison

Head to head with its named competitors (600330.SS vs 6762.T vs 002056.SZ vs 5713.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
TDG 600330.SS$2.96B-43%+21%-19%320.4×n/a
Tdk 6762.T$25.4B-27%+25%10%15.0×18.2%
Hengdian Group DMEGC Magnetics 002056.SZ$4.16B-9%+3%7%14.5×n/a
Sumitomo Metal Mining 5713.T$13.2B-19%+22%14%8.1×8.5%

How TDG 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.

TDG against its 20 peers (data as of 6 Nov 2026)
Measure600330.SSPeer medianRank in peer set
1-month return-33.8%-9.4%3rd lowest of 21
6-month return-42.6%-29.7%5th lowest of 21
Distance from 52-week high-57.1%-48.4%6th lowest of 21
Revenue growth (TTM)+20.8%+15.7%9th highest of 21
Operating margin-19.1%9.8%lowest of 21
Forward P/E320.4×18.3×most expensive of 18
ROIC minus cost of capital-16.9 pp-1.2 pplowest of 20

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
TDG 600330.SSChina$2.96B-43%+21%-19%320.4×n/an/a
Shenzhen Woer Heat-Shrinkable Material 002130.SZChina$2.98B-37%+20%15%16.4×1.8%+15.6%
Zhuhai CosMX Battery 688772.SSChina$2.88B+2%+18%-2%144.1×n/an/a
Zhefu 002266.SZChina$3.09B-26%+27%8%9.3×n/an/a
Time Interconnect Technology 1729.HKHong Kong$2.84B-57%+84%7%10.8×n/an/a
Mabuchi Motor 6592.TJapan$2.84B+18%+12%12%17.9×5.8%+11.5%
Maruwa 5344.TJapan$3.12B-46%+26%36%19.5×n/an/a
Ming Yang Smart Energy 601615.SSChina$2.80B-47%+8%-4%19.4×n/an/a
Shenzhen Senior Technology Material 300568.SZChina$2.80B-23%+45%10%27.4×n/an/a
Shijiazhuang Shangtai Technology 001301.SZChina$2.80B-16%+34%13%16.6×n/an/a
Tianneng Battery 688819.SSChina$2.79B-37%+2%0%10.9×-7.9%+5.4%
Fortior Technology (Shenzhen) 688279.SSChina$2.76B0%+46%25%62.7×n/an/a
Qingdao Hanhe Cable 002498.SZChina$2.74B-37%+21%3%18.3×n/an/a
Zhongshan Broad-Ocean Motor 002249.SZChina$2.73B-21%+1%6%n/a7.7%+9.5%
Daming Electronics 603376.SSChina$2.71B-22%+110%9%n/an/an/a
Schneider Electric Infrastructure SCHNEIDER.NSIndia$2.69B-21%+10%10%76.0×56.2%+17.4%
Harbin Electric 1133.HKHong Kong$3.27B-54%+13%7%6.2×n/an/a
Weihai Guangwei Composites 300699.SZChina$2.68B-35%+12%16%45.8×13.8%+6.2%
GS Yuasa 6674.TJapan$2.67B-33%+6%10%9.9×n/an/a
Huaming Power Equipment 002270.SZChina$2.66B-19%+7%32%22.3×5.9%+12.3%
Baoding Tianwei Baobian Electric 600550.SSChina$2.65B-36%+13%4%n/a45.5%+7.1%

Questions

Who are TDG's main competitors?
Named competitors: TDK (6762.T), Hengdian DMEGC (002056.SZ), Sumitomo Metal Mining (5713.T). The cockpit's measured peer set (industry) also includes Shenzhen Woer Heat-Shrinkable Material (002130.SZ), Zhuhai CosMX Battery (688772.SS), Zhefu (002266.SZ), Time Interconnect Technology (1729.HK), Mabuchi Motor (6592.T), Maruwa (5344.T).
Is TDG expensive compared with its peers?
On forward p/e it trades at 320.4× against a peer median of 18.3×, most expensive of 18 in its peer set.
How has TDG stock performed?
Over six months to 6 Nov 2026 the shares returned -42.6% against -29.7% for the median peer; over one year +52.6%.

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.