Loading…
Xinjiang-based aluminum smelting and processing company, leveraging the region's low-cost coal power.
Xinjiang-based aluminum smelting and processing company, leveraging the region's low-cost coal power.
Sells primary aluminium priced off the market benchmark, plus higher-value products such as high-purity aluminium and foil material for capacitors, which are steadier than standard metal. Electricity is the main smelting cost, so cheap local power is central to its economics.
Moat: narrow (cost advantage). Access to low-cost Xinjiang coal power gives a smelting cost edge.
Headquarters: Xinjiang, China · Employees: 3,135
Size Xinjiang Joinworld (600888.SS) is a China Materials company (Aluminum) with a market value of $2.07B, the 1220th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.88 on 6 Nov 2026.
Performance Over six months the shares gained 3.0%, against -28.3% for the median peer and -16.4% for the China market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 21.4% over the last twelve months (peer median +14.3%); the operating margin is 7.4% (peer median 8.1%).
Valuation It trades at 11.7× forward earnings against a peer median of 10.8× (7th most expensive of 15).
Capital Return on invested capital runs 2.2 points below its cost of capital (6.8% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥9.41B | CN¥7.88B | CN¥7.31B | CN¥6.52B | CN¥7.71B |
| Revenue growth | — | +8% | +12% | -15% | — |
| Gross profit | CN¥1.77B | CN¥652M | CN¥737M | CN¥994M | CN¥1.28B |
| EBITDA | n/a | CN¥905M | CN¥952M | CN¥1.02B | CN¥1.16B |
| Net income | CN¥951M | CN¥662M | CN¥1.20B | CN¥1.56B | CN¥1.55B |
| Free cash flow | -CN¥1.78B | -CN¥2.96B | CN¥676M | CN¥1.44B | CN¥1.07B |
| Capital expenditure | CN¥2.62B | CN¥3.69B | CN¥507M | CN¥272M | CN¥190M |
| Total debt | CN¥7.72B | CN¥7.01B | CN¥5.16B | CN¥5.48B | CN¥4.57B |
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 |
|---|---|---|---|---|---|---|
| Xinjiang Joinworld 600888.SS | $2.07B | +3% | +21% | 7% | 11.7× | n/a |
| Henan Zhongfu Industrial 600595.SS | $3.36B | -28% | +24% | 16% | 5.7× | -10.2% |
| Tianshan Aluminum 002532.SZ | $8.36B | -28% | +17% | 31% | 6.4× | -13.0% |
| Yunnan Aluminium 000807.SZ | $12.8B | -23% | +16% | 26% | 5.8× | -16.1% |
| Chinahongqiao 1378.HK | $25.5B | -36% | +7% | 25% | 5.0× | -12.8% |
| Aluminum Corporation of China 601600.SS | $20.7B | -26% | +5% | 18% | 6.7× | -16.2% |
| Shandong Nanshan Aluminium 600219.SS | $7.53B | -19% | +4% | 13% | 10.7× | -5.7% |
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 | 600888.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.7% | -8.6% | 10th lowest of 21 |
| 6-month return | +3.0% | -28.3% | 3rd highest of 21 |
| Distance from 52-week high | -48.6% | -40.8% | 8th lowest of 21 |
| Revenue growth (TTM) | +21.4% | +14.3% | 8th highest of 21 |
| Operating margin | 7.4% | 8.1% | 10th lowest of 21 |
| Forward P/E | 11.7× | 10.8× | 7th most expensive of 15 |
| ROIC minus cost of capital | -2.2 pp | +1.8 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Xinjiang Joinworld 600888.SS | China | $2.07B | +3% | +21% | 7% | 11.7× | n/a | n/a |
| UACJ 5741.T | Japan | $2.06B | -36% | +28% | 9% | 6.2× | -5.3% | +15.7% |
| Jiangsu Dingsheng New Material Joint-Stock 603876.SS | China | $2.00B | -52% | +10% | 4% | 12.4× | 8.1% | +16.2% |
| Shanghai Huafon Aluminium Corporation 601702.SS | China | $1.98B | -29% | +10% | 10% | 9.2× | n/a | n/a |
| Innovation New Material Technology 600361.SS | China | $1.91B | -24% | +4% | 1% | 10.7× | n/a | n/a |
| Granges GRNG.ST | Sweden | $1.83B | -6% | +27% | 6% | 12.1× | n/a | n/a |
| Kaiser Aluminum KALU | United States | $1.75B | -41% | +40% | 8% | 10.9× | 0.8% | +23.5% |
| Jiaozuo Wanfang Aluminum Manufacturing 000612.SZ | China | $1.71B | -28% | +13% | 32% | n/a | -13.0% | +6.6% |
| Nantong Haixing Electronics 603115.SS | China | $1.62B | -22% | +21% | 8% | 33.5× | n/a | n/a |
| Henan Mingtai Aluminum Industrial 601677.SS | China | $2.70B | -17% | +19% | 6% | 7.2× | -2.7% | +16.6% |
| Constellium CSTM | United States | $2.93B | -36% | +26% | 9% | 8.3× | -6.8% | +8.7% |
| Giansun Precision Technology 001400.SZ | China | $1.41B | -35% | 0% | 10% | n/a | n/a | n/a |
| Grupa Kety KTY.WA | Poland | $3.15B | +11% | +8% | 15% | 16.9× | 6.6% | +9.2% |
| Century Aluminum CENX | United States | $3.31B | -43% | +10% | 15% | 3.2× | 9.9% | +9.5% |
| Henan Zhongfu Industrial 600595.SS | China | $3.36B | -28% | +24% | 16% | 5.7× | -10.2% | +23.3% |
| Grinm Metal Composites (Beijing) Technology 688811.SS | China | $1.27B | -30% | 0% | 11% | n/a | n/a | n/a |
| Elkem ELK.OL | Norway | $1.18B | +7% | -12% | 3% | n/a | 17.0% | -7.2% |
| Yinbang Clad Material 300337.SZ | China | $1.06B | -38% | +45% | 3% | n/a | n/a | n/a |
| Yong Jie New Material 603271.SS | China | $1.03B | -33% | +57% | 4% | n/a | 9.1% | +20.3% |
| Guangdong Haomei New Material 002988.SZ | China | $1.01B | -22% | +16% | 1% | 55.2× | n/a | n/a |
| Yechiu Metal Recycling (China) 601388.SS | China | $1.01B | -25% | +10% | 7% | 16.2× | 2.0% | +6.2% |