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Wuxi maker of rolled ring forgings and other special-alloy forgings for aerospace, power generation, petrochemical and shipbuilding customers.
Wuxi maker of rolled ring forgings and other special-alloy forgings for aerospace, power generation, petrochemical and shipbuilding customers.
Hot-rolls and forges metal rings and shapes from high-temperature alloys, titanium and steel to customers' specifications, so orders come as qualified parts for turbines, aero-engines, rockets, ships and refineries. Power-generation forgings are now its largest segment, with aerospace next; it is qualified in the supply chains of Rolls-Royce, Siemens and Mitsubishi Electric.
Moat: narrow (customer qualification, process know-how). Certified by aero-engine and turbine makers on high-temperature alloys; a private firm in a state-dominated niche.
Headquarters: Wuxi, China · Founded: 2006 · Employees: 1,218
Size Wuxi Paike New Materials and Technology (605123.SS) is a China Industrials company (Metal Fabrication) with a market value of $1.34B, the 1804th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥73.82 on 6 Nov 2026.
Performance Over six months the shares fell 30.9%, against -25.9% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 23.3% over the last twelve months (peer median +19.7%); the operating margin is 7.7% (peer median 7.7%).
Valuation It trades at 22.0× forward earnings against a peer median of 23.9× (6th cheapest of 15).
Capital Return on invested capital runs 0.8 points below its cost of capital (7.1% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥4.20B | CN¥3.53B | CN¥3.20B | CN¥3.60B | CN¥2.78B |
| Revenue growth | — | +10% | -11% | +30% | — |
| Gross profit | CN¥903M | CN¥532M | CN¥572M | CN¥840M | CN¥702M |
| EBITDA | n/a | CN¥366M | CN¥406M | CN¥580M | CN¥557M |
| Net income | CN¥291M | CN¥252M | CN¥264M | CN¥492M | CN¥486M |
| Free cash flow | -CN¥538M | CN¥98.0M | CN¥14.5M | -CN¥70.8M | -CN¥236M |
| Capital expenditure | CN¥1.01B | CN¥738M | CN¥594M | CN¥239M | CN¥403M |
| Total debt | CN¥4.18B | CN¥2.17B | CN¥1.79B | CN¥1.44B | CN¥1.36B |
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 |
|---|---|---|---|---|---|---|
| Wuxi Paike New Materials and Technology 605123.SS | $1.34B | -31% | +23% | 8% | 22.0× | n/a |
| Avic Heavy Machinery 600765.SS | $2.84B | -23% | -13% | 4% | 23.1× | n/a |
| Guizhou Aviation Technical Development 688239.SS | $1.19B | -39% | +23% | 12% | 26.1× | 17.7% |
| Anhui Yingliu Electromechanical 603308.SS | $3.50B | -58% | +38% | 13% | 42.0× | 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 | 605123.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.9% | -5.9% | 9th highest of 21 |
| 6-month return | -30.9% | -25.9% | 8th lowest of 21 |
| Distance from 52-week high | -43.6% | -49.1% | 9th highest of 21 |
| Revenue growth (TTM) | +23.3% | +19.7% | 9th highest of 21 |
| Operating margin | 7.7% | 7.7% | 10th highest of 21 |
| Forward P/E | 22.0× | 23.9× | 6th cheapest of 15 |
| ROIC minus cost of capital | -0.8 pp | -2.8 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuxi Paike New Materials and Technology 605123.SS | China | $1.34B | -31% | +23% | 8% | 22.0× | n/a | n/a |
| Ramkrishna Forgings RKFORGE.NS | India | $1.34B | +12% | +25% | 9% | 46.9× | n/a | n/a |
| Riyue Heavy Industry 603218.SS | China | $1.41B | -28% | -17% | 5% | 24.6× | 5.0% | +4.1% |
| Freewon China 688678.SS | China | $1.41B | -13% | +33% | 6% | 19.6× | n/a | n/a |
| Hunan Boyun New Materials 002297.SZ | China | $1.25B | -41% | +37% | 15% | n/a | n/a | n/a |
| Guangdong Xianglu Tungsten 002842.SZ | China | $1.23B | -38% | +126% | 15% | n/a | n/a | n/a |
| Shanghai Unison Aluminium Products 603418.SS | China | $1.23B | -18% | +26% | 11% | n/a | n/a | n/a |
| Qingdao Yunlu Advanced Materials Technology 688190.SS | China | $1.22B | -17% | -2% | 12% | 21.9× | 20.5% | +21.5% |
| Richelieu Hardware RCH.TO | Canada | $1.48B | -2% | +7% | 7% | 20.5× | 5.7% | +11.7% |
| Dongguan Eontec 300328.SZ | China | $1.18B | -37% | +9% | -9% | 569.5× | n/a | n/a |
| HENGHUI Technology 301678.SZ | China | $1.53B | -28% | +10% | 8% | n/a | n/a | n/a |
| Shenzhen Vital New Material 301319.SZ | China | $1.53B | +15% | +34% | 5% | 82.0× | n/a | n/a |
| Usha Martin USHAMART.NS | India | $1.54B | 0% | +9% | 17% | 22.8× | 23.1% | +12.0% |
| Luoyang Xinqianglian Slewing Bearing 300850.SZ | China | $1.54B | -42% | +10% | 21% | 11.1× | n/a | n/a |
| Essence Fastening Systems (Shanghai) 301005.SZ | China | $1.54B | -55% | +17% | 0% | n/a | n/a | n/a |
| Suzhou UIGreen Micro&Nano Technologies 688661.SS | China | $1.55B | -44% | -7% | -3% | 44.2× | n/a | n/a |
| OKE Precision Cutting Tools 688308.SS | China | $1.15B | -49% | +79% | 25% | 13.6× | n/a | n/a |
| Baotou Tianhe Magnetics Technology 603072.SS | China | $1.13B | -24% | +22% | 8% | n/a | 24.9% | +15.3% |
| Changzhou Nrb 002708.SZ | China | $1.63B | +50% | +29% | 1% | 74.0× | n/a | n/a |
| Jiangsu Gian Technology 300709.SZ | China | $1.10B | -5% | +17% | 0% | 37.4× | n/a | n/a |
| Jiangsu Chint Power Technology 002150.SZ | China | $1.10B | -30% | +23% | 11% | 23.2× | n/a | n/a |