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Chinese condiment maker known for its Chubang brand soy sauce and cooking oils, plus industrial-park property.
Chinese condiment maker known for its Chubang brand soy sauce and cooking oils, plus industrial-park property.
Soy sauce, sold in bottles through distributors to retail chains and restaurants, is the main earner, with cooking oil as a lesser line. The industrial-park property business leases and sells land and is separate from the food side.
In one line: A Chinese Kikkoman.
Moat: narrow (brand, distribution). Chubang is a recognized regional soy sauce brand with an established retail and foodservice distribution network.
Headquarters: Zhongshan, Guangdong, China · Founded: 1995 · Employees: 3,746
Size Jonjee Hi-Tech Industrial and Commercial (600872.SS) is a China Industrials company (Electrical Products) with a market value of $2.31B, the 1101st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.30 on 6 Nov 2026.
Performance Over six months the shares fell 2.3%, against -21.6% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 20 in its peer set.
Growth Revenue grew 0.7% over the last twelve months (peer median +25.0%); the operating margin is 17.6% (peer median 9.0%).
Valuation It trades at 21.8× forward earnings against a peer median of 26.3× (6th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is +14 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.6 points above its cost of capital (9.9% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.76B | CN¥4.18B | CN¥5.49B | CN¥5.08B | CN¥5.25B |
| Revenue growth | — | -24% | +8% | -3% | — |
| Gross profit | CN¥2.08B | CN¥1.58B | CN¥2.12B | CN¥1.58B | CN¥1.57B |
| EBITDA | n/a | CN¥768M | CN¥1.25B | CN¥772M | CN¥795M |
| Net income | CN¥768M | CN¥537M | CN¥893M | CN¥1.70B | -CN¥592M |
| Free cash flow | CN¥912M | CN¥553M | CN¥805M | CN¥606M | CN¥324M |
| Capital expenditure | CN¥152M | CN¥148M | CN¥305M | CN¥272M | CN¥387M |
| Total debt | CN¥1.03B | CN¥784M | CN¥868M | CN¥101M | CN¥102M |
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 |
|---|---|---|---|---|---|---|
| Jonjee Hi-Tech Industrial and Commercial 600872.SS | $2.31B | -2% | +1% | 18% | 21.8× | 10.0% |
| Foshan Haitian Flavouring and Food 603288.SS | $29.8B | -7% | +6% | 27% | 28.9× | 7.6% |
| Qianhe Condiment & Food 603027.SS | $1.43B | -21% | -6% | 14% | 23.9× | 3.1% |
| Zhongjing Food 300908.SZ | $579M | -31% | +6% | 19% | 19.7× | 6.9% |
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 | 600872.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.6% | -15.5% | highest of 21 |
| 6-month return | -2.3% | -21.6% | 6th highest of 20 |
| Distance from 52-week high | -8.6% | -55.2% | 2nd highest of 21 |
| Revenue growth (TTM) | +0.7% | +25.0% | 5th lowest of 21 |
| Operating margin | 17.6% | 9.0% | 4th highest of 21 |
| Forward P/E | 21.8× | 26.3× | 6th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 10.0% | 12.5% | 6th least demanding of 11 |
| Growth delivered (Del g) | -3.9% | +15.8% | lowest of 11 |
| Hurdle (Req g minus delivered) | +13.9 pp | -3.6 pp | most demanding of 11 |
| ROIC minus cost of capital | +3.6 pp | +0.1 pp | 6th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jonjee Hi-Tech Industrial and Commercial 600872.SS | China | $2.31B | -2% | +1% | 18% | 21.8× | 10.0% | -3.9% |
| RR Kabel RRKABEL.NS | India | $2.30B | 0% | +45% | 8% | 28.5× | n/a | n/a |
| Diamond Power Infrastructure DIACABS.NS | India | $2.34B | +118% | +109% | 10% | 55.3× | n/a | n/a |
| Shenzhen Leadshine Technology 002979.SZ | China | $2.36B | +14% | +44% | 13% | 40.6× | n/a | n/a |
| Tianhai Auto Electronics 001365.SZ | China | $2.36B | n/a | +28% | 5% | n/a | 6.0% | +24.8% |
| Shenzhen Honor Electronic 300870.SZ | China | $2.26B | -66% | +10% | 3% | 58.9× | n/a | n/a |
| Shenzhen FRD Science & Technology 300602.SZ | China | $2.39B | -23% | +24% | 7% | 25.3× | n/a | n/a |
| Tongling Jingda Special Magnet Wire 600577.SS | China | $2.39B | -45% | +26% | 3% | 20.4× | 9.8% | +14.7% |
| Hangzhou Cable 603618.SS | China | $2.40B | -18% | +18% | 7% | 10.6× | 15.2% | +9.8% |
| Delijia Transmission Technology (Jiangsu) 603092.SS | China | $2.41B | -45% | +45% | 17% | n/a | 7.2% | +20.3% |
| Shenzhen Kstar Science and Technology 002518.SZ | China | $2.41B | -40% | +21% | 13% | 22.1× | 24.2% | +16.9% |
| Nuode New Materials 600110.SS | China | $2.21B | -22% | +100% | 4% | 37.0× | n/a | n/a |
| PhiChem 300398.SZ | China | $2.43B | -6% | +15% | 17% | 27.3× | 19.6% | +11.7% |
| Kirloskar Oil Engines KIRLOSENG.NS | India | $2.44B | -8% | +23% | 15% | 36.6× | 25.3% | +18.6% |
| Rept Battero Energy 0666.HK | Hong Kong | $2.19B | -57% | +56% | 6% | 10.0× | n/a | n/a |
| Tongding Interconnection Information 002491.SZ | China | $2.44B | -15% | +50% | 11% | n/a | n/a | n/a |
| NuScale Power SMR | United States | $2.18B | -60% | -81% | -6,854% | n/a | n/a | n/a |
| HBL Engineering HBLENGINE.NS | India | $2.46B | -1% | +63% | 31% | n/a | 22.6% | +29.4% |
| Chengdu Jiachi Electronic Technology 688708.SS | China | $2.11B | -33% | -7% | 26% | n/a | n/a | n/a |
| Voltronic Power Technology 6409.TW | Taiwan | $2.10B | +1% | -13% | 20% | 21.5× | 6.2% | +8.5% |
| Signify LIGHT.AS | Netherlands | $2.09B | -26% | -8% | 7% | 8.5× | -12.5% | -2.4% |