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Shanghai maker of copper-clad laminate and prepreg, the base material used to build printed circuit boards.
Shanghai maker of copper-clad laminate and prepreg, the base material used to build printed circuit boards.
Qualifies new laminate grades one customer at a time, and a mix shift toward high-speed grades for servers and switches lifts the price per square metre. Copper foil, glass cloth and resin make up most of the cost, so selling prices follow input costs.
In one line: A small Chinese Isola/Rogers Corp (PCB laminate maker).
Moat: narrow (process know-how, customer qualification). PCB laminate must pass lengthy customer qualification; ranked among China's top domestic suppliers.
Headquarters: Shanghai, China · Founded: 2000 · Employees: 1,976
Size Nanya New Material Technology (688519.SS) is a China Materials company (Other Metals/Minerals) with a market value of $5.90B, the 428th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥165.00 on 6 Nov 2026.
Performance Over six months the shares fell 5.3%, against -21.0% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 103.8% over the last twelve months (peer median +29.1%); the operating margin is 17.3% (peer median 27.3%).
Valuation It trades at 55.2× forward earnings against a peer median of 12.5× (4th most expensive of 17).
Capital Return on invested capital runs 7.1 points above its cost of capital (14.6% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥9.33B | CN¥5.23B | CN¥3.36B | CN¥2.98B | CN¥3.77B |
| Revenue growth | — | +56% | +13% | -21% | — |
| Gross profit | CN¥2.46B | CN¥597M | CN¥268M | CN¥106M | CN¥296M |
| EBITDA | n/a | CN¥383M | CN¥141M | -CN¥74.6M | CN¥22.5M |
| Net income | CN¥1.53B | CN¥240M | CN¥50.3M | -CN¥129M | CN¥45.0M |
| Free cash flow | -CN¥495M | -CN¥118M | CN¥608M | -CN¥116M | -CN¥224M |
| Capital expenditure | CN¥538M | CN¥237M | CN¥143M | CN¥281M | CN¥520M |
| Total debt | CN¥1.71B | CN¥1.62B | CN¥1.13B | CN¥1.22B | CN¥927M |
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 |
|---|---|---|---|---|---|---|
| Nanya New Material Technology 688519.SS | $5.90B | -5% | +104% | 17% | 55.2× | n/a |
| Shengyi Technology 600183.SS | $25.7B | -8% | +56% | 22% | 20.3× | 20.5% |
| Kingboard Laminates 1888.HK | $12.2B | -26% | +32% | 21% | 10.8× | n/a |
| Rogers ROG | $2.17B | -13% | +7% | 10% | 26.2× | 10.3% |
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 | 688519.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -40.4% | -13.5% | lowest of 21 |
| 6-month return | -5.3% | -21.0% | 6th highest of 21 |
| Distance from 52-week high | -62.5% | -45.2% | 3rd lowest of 21 |
| Revenue growth (TTM) | +103.8% | +29.1% | 3rd highest of 20 |
| Operating margin | 17.3% | 27.3% | 10th lowest of 20 |
| Forward P/E | 55.2× | 12.5× | 4th most expensive of 17 |
| ROIC minus cost of capital | +7.1 pp | +5.0 pp | 8th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nanya New Material Technology 688519.SS | China | $5.90B | -5% | +104% | 17% | 55.2× | n/a | n/a |
| Capstone Copper CS.TO | Canada | $6.01B | -8% | +30% | 32% | 9.4× | 9.8% | +40.2% |
| Yunnan Chihong Zinc & Germanium 600497.SS | China | $5.76B | -15% | +29% | 10% | 13.8× | 4.4% | +4.6% |
| China Nonferrous Mining 1258.HK | Hong Kong | $5.73B | -19% | +11% | 28% | 7.4× | -14.6% | +5.8% |
| Xinjiang Daqo New Energy 688303.SS | China | $5.69B | -20% | -23% | -62% | n/a | n/a | n/a |
| Yunnan Tin 000960.SZ | China | $5.66B | -34% | +19% | 8% | 10.8× | 1.9% | -0.5% |
| Sandfire Resources SFR.AX | Australia | $6.20B | -4% | +32% | 32% | 13.3× | 9.2% | +25.8% |
| Inner Mongolia Xingye Silver and Tin Mining 000426.SZ | China | $6.23B | -42% | +38% | 49% | 13.1× | 7.8% | +42.6% |
| NexGen Energy NXE.TO | Canada | $5.57B | -31% | n/a | n/a | n/a | n/a | n/a |
| MP Materials MP | United States | $6.31B | -47% | +72% | -17% | 248.7× | n/a | n/a |
| PLS PLS.AX | Australia | $6.33B | -56% | +152% | 43% | 10.6× | 2.5% | +61.6% |
| Baiyin Nonferrous 601212.SS | China | $5.49B | -35% | 0% | 5% | n/a | n/a | n/a |
| Discovery Mining DSV.TO | Canada | $6.44B | +19% | +684% | 38% | 17.6× | 19.9% | n/a |
| Aura Minerals AUGO | United States | $6.52B | -5% | +89% | 53% | 10.6× | -6.0% | +25.2% |
| NMDC NMDC.NS | India | $6.55B | -22% | +27% | 27% | 7.4× | 5.2% | +15.8% |
| Aurubis NDA.DE | Germany | $6.73B | -35% | +23% | 6% | 15.1× | n/a | n/a |
| Asia-Potash International Investment (Guangzhou) 000893.SZ | China | $5.08B | -32% | +40% | 36% | 11.6× | -3.3% | +72.1% |
| Yunnan Copper 000878.SZ | China | $5.01B | -28% | +10% | 2% | 11.9× | n/a | n/a |
| Luoyang Shenglong Mining 001257.SZ | China | $5.00B | -19% | +22% | 34% | n/a | 13.4% | +22.4% |
| Yunnan Lincang Xinyuan Germanium Industry 002428.SZ | China | $7.09B | +3% | +54% | 13% | 230.8× | n/a | n/a |
| Grinm Advanced Materials 600206.SS | China | $4.85B | +40% | +23% | 2% | 72.2× | n/a | n/a |