Jiangxi-based trader/processor of tungsten and rare/precious metals equipment.
Jiangxi-based trader/processor of tungsten and rare/precious metals equipment.
Moat: none (distribution). Trading-oriented business in a resource-rich province with limited differentiation.
Headquarters: Jiangxi, China · Employees: 414
Size Jiangxi Tungsten Rare and Precious Equipment (600397.SS) is a China Industrials company (Wholesale Distributors) with a market value of $1.86B, the 1345th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.55 on 6 Nov 2026.
Performance Over six months the shares fell 12.5%, against +5.9% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 91.8% over the last twelve months (peer median +6.4%).
Valuation It trades at 156.9× forward earnings against a peer median of 16.2× (most expensive of 16).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥312M | CN¥2.57B | CN¥5.87B | CN¥6.85B | CN¥8.90B |
| Revenue growth | — | -56% | -14% | -23% | — |
| Gross profit | n/a | CN¥27.6M | CN¥282M | CN¥363M | CN¥429M |
| EBITDA | n/a | -CN¥75.5M | CN¥125M | CN¥280M | CN¥344M |
| Net income | CN¥16.3M | -CN¥291M | -CN¥242M | -CN¥114M | -CN¥76.6M |
| Free cash flow | CN¥7.21M | -CN¥139M | CN¥282M | -CN¥91.3M | CN¥67.3M |
| Capital expenditure | CN¥1.87M | CN¥48.6M | CN¥116M | CN¥160M | CN¥139M |
| Total debt | CN¥198M | CN¥185M | CN¥4.89B | CN¥6.30B | CN¥7.00B |
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 |
|---|---|---|---|---|---|---|
| Jiangxi Tungsten Rare and Precious Equipment 600397.SS | $1.86B | -13% | -92% | n/a | 156.9× | n/a |
| Xiamen Tungsten 600549.SS | $8.55B | -37% | +67% | 10% | 13.2× | n/a |
| China Tungsten & Hightech Materials 000657.SZ | $13.2B | -34% | +66% | 16% | 21.0× | n/a |
| Chongyi Zhangyuan Tungsten 002378.SZ | $3.18B | -48% | +105% | 12% | 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 | 600397.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.2% | +0.9% | 5th lowest of 21 |
| 6-month return | -12.5% | +5.9% | 6th lowest of 21 |
| Distance from 52-week high | -60.5% | -21.6% | 2nd lowest of 21 |
| Revenue growth (TTM) | -91.8% | +6.4% | lowest of 21 |
| Forward P/E | 156.9× | 16.2× | most expensive of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangxi Tungsten Rare and Precious Equipment 600397.SS | China | $1.86B | -13% | -92% | n/a | 156.9× | n/a | n/a |
| Travis Perkins TPK.L | United Kingdom | $1.86B | +28% | 0% | 3% | 23.2× | 8.5% | +4.3% |
| Pengxin International Mining 600490.SS | China | $1.85B | -32% | -20% | n/a | n/a | 6.6% | -17.2% |
| ARE 5857.T | Japan | $1.89B | +1% | +38% | 7% | 9.3× | 2.0% | +29.4% |
| Tibet Huayu Mining 601020.SS | China | $1.83B | -48% | -22% | 23% | n/a | n/a | n/a |
| Inaba Denkisangyo 9934.T | Japan | $1.82B | -4% | +15% | 8% | n/a | -11.9% | +8.5% |
| Happinet 7552.T | Japan | $1.82B | +133% | +19% | 3% | 16.2× | -4.1% | +11.1% |
| Dalrymple Bay Infrastructure DBI.AX | Australia | $1.92B | +6% | +11% | 29% | 26.2× | 7.8% | +104.8% |
| BIC Cameras 3048.T | Japan | $1.94B | +10% | +7% | 4% | 15.2× | -8.2% | +4.5% |
| AGTech 8279.HK | Hong Kong | $1.78B | +109% | +24% | 8% | n/a | -14.9% | +36.3% |
| Arteche Lantegi Elkartea ART.MC | Spain | $1.77B | -36% | +11% | 14% | 25.2× | 7.2% | +13.9% |
| Currys CURY.L | United Kingdom | $1.97B | +16% | +6% | 2% | 10.4× | 4.3% | -2.2% |
| Anhui Xinhua Media 601801.SS | China | $1.72B | -3% | -16% | 4% | 13.6× | n/a | n/a |
| Norinco International Cooperation 000065.SZ | China | $1.72B | -23% | -21% | 9% | 13.5× | -5.1% | +1.1% |
| Shanghai Xinhua Media 600825.SS | China | $2.03B | +118% | +1% | -1% | n/a | 44.5% | +2.3% |
| Distribution Solutions DSGR | United States | $1.62B | +27% | +6% | 4% | 40.9× | 15.5% | +41.3% |
| Hillman Solutions HLMN | United States | $1.62B | +6% | +6% | 6% | 13.3× | 17.9% | +2.6% |
| DXP Enterprises DXPE | United States | $2.18B | -10% | +11% | 9% | 20.7× | 6.6% | +14.9% |
| Xinjiang Zhongtai Chemical 002092.SZ | China | $1.57B | -41% | +7% | 3% | 25.4× | -4.2% | -19.5% |
| Electrolux Professional EPRO-B.ST | Sweden | $1.52B | +20% | -4% | 10% | 16.2× | 4.9% | +10.9% |
| Hanwa 8078.T | Japan | $2.29B | +7% | +6% | 2% | 7.8× | -4.2% | +8.8% |