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Chinese maker of precision optoelectronic glass and display components for phones, wearables and cars.
Chinese maker of precision optoelectronic glass and display components for phones, wearables and cars.
In one line: A Chinese display-glass processor akin to a smaller Corning/O-Film.
Moat: narrow (process know-how, customer qualification). Precision glass-thinning and coating expertise qualified into device-maker supply chains.
Headquarters: Xinyu, Jiangxi, China · Founded: 2009 · Employees: 5,223
Size WG Tech (JiangXi) (603773.SS) is a China Consumer Discretionary company (Home Furnishings) with a market value of $1.87B, the 1335th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥55.61 on 6 Nov 2026.
Performance Over six months the shares fell 19.8%, against -12.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 1.6% over the last twelve months (peer median +0.1%); the operating margin is -8.2% (peer median 6.2%).
Valuation It trades at 222.4× forward earnings against a peer median of 16.8× (most expensive of 16).
Capital Return on invested capital runs 13.3 points below its cost of capital (11.9% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.52B | CN¥2.54B | CN¥2.21B | CN¥1.81B | CN¥1.38B |
| Revenue growth | — | +15% | +22% | +31% | — |
| Gross profit | CN¥479M | CN¥361M | CN¥325M | CN¥317M | CN¥262M |
| EBITDA | n/a | CN¥155M | CN¥132M | CN¥182M | CN¥89.3M |
| Net income | -CN¥279M | -CN¥158M | -CN¥122M | -CN¥4.54M | -CN¥328M |
| Free cash flow | -CN¥409M | -CN¥183M | -CN¥264M | -CN¥191M | -CN¥344M |
| Capital expenditure | CN¥531M | CN¥396M | CN¥393M | CN¥361M | CN¥229M |
| Total debt | CN¥2.17B | CN¥1.99B | CN¥1.84B | CN¥1.51B | CN¥1.07B |
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 |
|---|---|---|---|---|---|---|
| WG Tech (JiangXi) 603773.SS | $1.87B | -20% | +2% | -8% | 222.4× | n/a |
| Lens Technology 300433.SZ | $20.1B | +5% | -11% | 5% | 42.6× | 16.9% |
| BOE Varitronix 0710.HK | $321M | -27% | +3% | 2% | 6.9× | n/a |
| Shenzhen Laibao Hi-Tech 002106.SZ | $962M | -13% | -12% | 4% | 28.4× | n/a |
| Truly International 0732.HK | $300M | -21% | -11% | 4% | n/a | -14.9% |
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 | 603773.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -31.1% | -0.1% | lowest of 21 |
| 6-month return | -19.8% | -12.6% | 7th lowest of 21 |
| Distance from 52-week high | -70.4% | -34.0% | lowest of 21 |
| Revenue growth (TTM) | +1.6% | +0.1% | 10th highest of 21 |
| Operating margin | -8.2% | 6.2% | 2nd lowest of 21 |
| Forward P/E | 222.4× | 16.8× | most expensive of 16 |
| ROIC minus cost of capital | -13.3 pp | -1.3 pp | 3rd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| WG Tech (JiangXi) 603773.SS | China | $1.87B | -20% | +2% | -8% | 222.4× | n/a | n/a |
| A-Zenith Home Furnishings 603389.SS | China | $1.91B | -17% | +275% | -5% | n/a | n/a | n/a |
| MotoMotion China 301061.SZ | China | $1.96B | -4% | -2% | 26% | 18.5× | -5.1% | +20.7% |
| Arhaus ARHS | United States | $2.01B | +118% | +5% | 7% | 26.2× | 28.4% | +22.1% |
| Higold 001221.SZ | China | $2.05B | -40% | +17% | 21% | 17.4× | -3.4% | +33.2% |
| Zhuzhou Kibing 601636.SS | China | $2.22B | -21% | -4% | -8% | n/a | n/a | n/a |
| Forbo FORN.SW | Switzerland | $1.51B | +23% | -1% | 8% | 16.7× | 0.2% | -0.6% |
| Gansu Golden Solar 300093.SZ | China | $2.42B | -9% | -9% | -152% | n/a | n/a | n/a |
| Hyundai G.f 005440.KS | South Korea | $1.44B | -21% | -1% | 4% | 4.8× | -1.0% | +20.1% |
| Patrick Industries PATK | United States | $2.53B | -17% | +2% | 6% | 16.8× | 9.3% | +9.7% |
| MasterBrand MBC | United States | $1.37B | -12% | 0% | -1% | n/a | 19.4% | +2.1% |
| Okamura 7994.T | Japan | $1.35B | -14% | +3% | 7% | 9.5× | -6.7% | +6.1% |
| Ziel Home Furnishing Technology 301376.SZ | China | $1.32B | +32% | +21% | 6% | 18.2× | -7.0% | +17.0% |
| La-Z-Boy LZB | United States | $1.27B | -11% | 0% | 7% | 12.7× | 4.2% | +4.2% |
| Asahi India Glass ASAHIINDIA.NS | India | $2.79B | +22% | +20% | 16% | 58.8× | n/a | n/a |
| Oppein Home 603833.SS | China | $2.88B | -32% | -27% | 5% | 16.8× | 6.1% | +3.2% |
| Man Wah 1999.HK | Hong Kong | $1.20B | -45% | -3% | 14% | 7.9× | -6.5% | 0.0% |
| CSG 000012.SZ | China | $1.17B | -13% | -12% | -5% | n/a | n/a | n/a |
| De Rucci Healthy Sleep 001323.SZ | China | $1.15B | -26% | -6% | 5% | 19.5× | 0.0% | +3.3% |
| LIXIL 5938.T | Japan | $3.07B | +4% | +2% | 2% | 38.8× | 17.3% | +1.9% |
| Nien Made Enterprise 8464.TW | Taiwan | $3.08B | +1% | +4% | 35% | 13.3× | -8.3% | +4.2% |