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Chinese group combining the world's largest curtain-wall/building-facade business with a growing hospital and pharmaceutical-distribution arm.
Chinese group combining the world's largest curtain-wall/building-facade business with a growing hospital and pharmaceutical-distribution arm.
Contracts on a project basis to design, make and install facade systems on buildings, with revenue booked as work progresses and cash collected slowly from developers, which exposes it to developers' payment problems. Overseas projects and non-residential buildings offer a more resilient mix than home building.
In one line: A building-facade specialist diversifying into healthcare.
Moat: narrow (scale, brand, installed base). World's largest curtain-wall contractor by revenue, with landmark project references worldwide.
Headquarters: Beijing, China · Employees: 10,262
Size Jangho (601886.SS) is a China Industrials company (Building Products) with a market value of $2.01B, the 1255th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.06 on 6 Nov 2026.
Performance Over six months the shares gained 25.9%, against -4.1% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 13.8% over the last twelve months (peer median +2.8%); the operating margin is 5.4% (peer median 9.4%).
Valuation It trades at 15.0× forward earnings against a peer median of 14.9× (10th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.0 points above its cost of capital (7.6% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥24.5B | CN¥21.8B | CN¥22.4B | CN¥20.9B | CN¥18.0B |
| Revenue growth | — | -2% | +7% | +16% | — |
| Gross profit | CN¥4.46B | CN¥3.63B | CN¥3.44B | CN¥3.42B | CN¥2.86B |
| EBITDA | n/a | CN¥1.52B | CN¥1.37B | CN¥1.45B | CN¥1.14B |
| Net income | CN¥942M | CN¥610M | CN¥638M | CN¥672M | CN¥491M |
| Free cash flow | CN¥1.50B | CN¥1.21B | CN¥1.23B | CN¥369M | -CN¥424M |
| Capital expenditure | CN¥380M | CN¥398M | CN¥454M | CN¥614M | CN¥320M |
| Total debt | CN¥7.62B | CN¥7.32B | CN¥8.74B | CN¥8.24B | CN¥8.16B |
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 |
|---|---|---|---|---|---|---|
| Jangho 601886.SS | $2.01B | +26% | +14% | 5% | 15.0× | -0.1% |
| China Fangda 000055.SZ | $422M | -5% | -15% | -5% | n/a | 4.9% |
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 | 601886.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.4% | -1.1% | 8th lowest of 21 |
| 6-month return | +25.9% | -4.1% | 2nd highest of 21 |
| Distance from 52-week high | -15.1% | -25.2% | 6th highest of 21 |
| Revenue growth (TTM) | +13.8% | +2.8% | 7th highest of 21 |
| Operating margin | 5.4% | 9.4% | 5th lowest of 21 |
| Forward P/E | 15.0× | 14.9× | 10th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -0.1% | 6.5% | 7th least demanding of 19 |
| Growth delivered (Del g) | +3.9% | +6.0% | 6th lowest of 19 |
| Hurdle (Req g minus delivered) | -4.0 pp | +2.2 pp | 7th least demanding of 19 |
| ROIC minus cost of capital | +2.0 pp | +3.3 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jangho 601886.SS | China | $2.01B | +26% | +14% | 5% | 15.0× | -0.1% | +3.9% |
| Kajaria Ceramics KAJARIACER.NS | India | $1.96B | +7% | +14% | 16% | 26.1× | 26.2% | +11.7% |
| Tecnoglass TGLS | United States | $1.95B | +10% | +10% | 18% | 13.8× | n/a | n/a |
| Qingdao East Steel Tower Stock 002545.SZ | China | $2.25B | -50% | +23% | 32% | 8.5× | -10.2% | +13.0% |
| Hyundai Elevator 017800.KS | South Korea | $1.79B | -31% | -9% | 9% | 9.4× | -5.5% | +6.3% |
| Interface TILE | United States | $1.78B | +4% | +7% | 12% | 14.5× | 11.4% | +4.7% |
| Reliance Worldwide RWC.AX | Australia | $2.33B | +47% | -5% | 12% | 16.3× | 9.9% | +7.5% |
| Shanghai Mechanical & Electrical Industry 600835.SS | China | $2.34B | -27% | -2% | 2% | 22.5× | 0.6% | -3.8% |
| Century Plyboards (India) CENTURYPLY.NS | India | $1.50B | -20% | +26% | 10% | 34.4× | n/a | n/a |
| Xiamen Solex High-Tech Industries 603992.SS | China | $1.38B | -35% | +18% | 8% | 29.9× | 13.5% | +5.2% |
| Rinnai 5947.T | Japan | $3.07B | -3% | +4% | 10% | 13.3× | -9.5% | +6.4% |
| Preformed Line Products PLPC | United States | $1.28B | -24% | +16% | 10% | 18.8× | 10.2% | +7.5% |
| Takara standard 7981.T | Japan | $1.20B | +2% | +2% | 7% | n/a | -5.5% | +5.7% |
| STO Express 002468.SZ | China | $3.40B | -8% | +26% | 5% | 10.2× | -12.5% | +20.8% |
| Nichias 5393.T | Japan | $3.52B | -5% | +3% | 15% | 15.2× | 7.1% | +5.1% |
| Solareast 603366.SS | China | $1.07B | +8% | 0% | -2% | n/a | 39.8% | +2.9% |
| Suzhou Huaya Intelligence Technology 003043.SZ | China | $990M | -20% | +2% | 11% | 78.3× | 27.6% | +22.3% |
| Zehnder ZEHN.SW | Switzerland | $983M | +10% | +2% | 8% | 17.5× | 2.5% | +1.5% |
| Apogee Enterprises APOG | United States | $956M | +25% | +3% | 9% | 13.6× | -0.3% | +2.7% |
| Guangzhou Guangri Stock 600894.SS | China | $956M | -20% | +2% | 0% | 9.6× | 7.2% | +1.4% |
| Quanex Building Products NX | United States | $949M | +2% | +1% | 6% | 10.7× | 6.0% | +16.6% |