Guangdong maker of ultra-thin electrolytic copper foil used in lithium-ion battery anodes and printed circuit boards.
Guangdong maker of ultra-thin electrolytic copper foil used in lithium-ion battery anodes and printed circuit boards.
Prices foil as the cost of copper plus a processing fee, so the fee is what it earns, and metal price swings pass through to customers. A small number of large battery-cell makers are its main buyers.
Moat: narrow (process know-how, customer qualification). Thin-foil manufacturing precision and qualification with battery cell makers are hard to replicate quickly.
Headquarters: Guangdong, China · Employees: 2,996
Size Guangdong Jia Yuan Technology Shares (688388.SS) is a China Materials company (Other Metals/Minerals) with a market value of $2.12B, the 1193rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥21.44 on 6 Nov 2026.
Performance Over six months the shares fell 38.0%, against -21.8% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 80.5% over the last twelve months (peer median +33.4%); the operating margin is 4.3% (peer median 4.9%).
Valuation It trades at 17.9× forward earnings against a peer median of 24.2× (6th cheapest of 19).
Capital Return on invested capital runs 5.3 points below its cost of capital (10.9% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥15.7B | CN¥9.64B | CN¥6.52B | CN¥4.96B | CN¥4.64B |
| Revenue growth | — | +48% | +31% | +7% | — |
| Gross profit | CN¥1.20B | CN¥423M | CN¥82.9M | CN¥252M | CN¥902M |
| EBITDA | n/a | CN¥581M | CN¥163M | CN¥359M | CN¥859M |
| Net income | CN¥578M | CN¥57.0M | -CN¥239M | CN¥19.0M | CN¥521M |
| Free cash flow | -CN¥754M | -CN¥454M | -CN¥1.99B | -CN¥602M | -CN¥3.08B |
| Capital expenditure | CN¥649M | CN¥358M | CN¥804M | CN¥1.28B | CN¥2.58B |
| Total debt | CN¥6.31B | CN¥6.40B | CN¥4.84B | CN¥4.18B | CN¥2.34B |
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 |
|---|---|---|---|---|---|---|
| Guangdong Jia Yuan Technology Shares 688388.SS | $2.12B | -38% | +81% | 4% | 17.9× | n/a |
| Nuode New Materials 600110.SS | $2.21B | -22% | +100% | 4% | 37.0× | n/a |
| Solus Advanced Materials 336370.KS | $343M | -52% | +1% | -14% | 16.9× | n/a |
| Mitsui Kinzoku 5706.T | $5.61B | -28% | +11% | 18% | 10.1× | 11.6% |
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 | 688388.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.9% | -15.0% | 8th lowest of 21 |
| 6-month return | -38.0% | -21.8% | 8th lowest of 21 |
| Distance from 52-week high | -58.1% | -48.2% | 7th lowest of 21 |
| Revenue growth (TTM) | +80.5% | +33.4% | 4th highest of 21 |
| Operating margin | 4.3% | 4.9% | 9th lowest of 21 |
| Forward P/E | 17.9× | 24.2× | 6th cheapest of 19 |
| ROIC minus cost of capital | -5.3 pp | -4.4 pp | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Guangdong Jia Yuan Technology Shares 688388.SS | China | $2.12B | -38% | +81% | 4% | 17.9× | n/a | n/a |
| Centrus Energy LEU | United States | $2.14B | -50% | +8% | 2% | 34.5× | n/a | n/a |
| 5N Plus VNP.TO | Canada | $2.15B | -10% | +32% | 18% | 28.8× | n/a | n/a |
| Altius Minerals ALS.TO | Canada | $2.16B | -2% | +68% | 17% | 47.6× | 57.7% | -4.5% |
| Jiaxin International Resources Investment 3858.HK | Hong Kong | $2.08B | -56% | +2,782% | 65% | 6.1× | -6.4% | n/a |
| Anhui Jingcheng Copper Share 002171.SZ | China | $2.07B | -22% | +35% | 1% | 22.0× | n/a | n/a |
| Henan Liliang Diamond 301071.SZ | China | $2.03B | -2% | +73% | 21% | 45.0× | 28.0% | +20.9% |
| Lianyou Metals 7610.TW | Taiwan | $2.03B | +89% | +238% | 56% | 11.4× | n/a | n/a |
| CGN Mining 1164.HK | Hong Kong | $2.03B | -47% | +15% | 2% | 20.8× | 33.0% | +19.1% |
| Co-tech Development 8358.TWO | Taiwan | $2.24B | -30% | +31% | 23% | 19.9× | n/a | n/a |
| Denison Mines DML.TO | Canada | $2.00B | -39% | -9% | -2,101% | n/a | n/a | n/a |
| Ningbo Boway Alloy Material 601137.SS | China | $2.26B | -6% | +31% | 0% | 19.8× | n/a | n/a |
| Paladin Energy PDN.AX | Australia | $2.32B | -33% | +64% | 4% | 50.9× | n/a | n/a |
| Almonty Industries ALM | United States | $2.34B | -59% | +208% | 5% | 12.3× | n/a | n/a |
| Ningbo Jintian Copper (Group) 601609.SS | China | $2.36B | -11% | +25% | 1% | 15.3× | n/a | n/a |
| Beijing Zhong Ke San Huan High-Tech 000970.SZ | China | $1.87B | -16% | +11% | 3% | 65.8× | n/a | n/a |
| Jiangsu ToLand Alloy 300855.SZ | China | $1.83B | -21% | +75% | 28% | 26.5× | n/a | n/a |
| Yantai Zhenghai Magnetic Material 300224.SZ | China | $1.79B | -1% | +16% | 5% | 29.9× | 20.1% | +29.2% |
| Jinhui Mining 603132.SS | China | $2.53B | -11% | +38% | 51% | n/a | n/a | n/a |
| Energy Fuels EFR.TO | Canada | $1.78B | -70% | +70% | -79% | 61.7× | n/a | n/a |
| Nickel Industries NIC.AX | Australia | $1.78B | -46% | -3% | 10% | 10.4× | 13.1% | +27.5% |