Shanghai builder of gas and chemical supply systems for chip fabs, and supplier of electronic specialty gases and operations services.
Shanghai builder of gas and chemical supply systems for chip fabs, and supplier of electronic specialty gases and operations services.
Earns mainly from designing and installing the piping, gas cabinets and chemical supply systems inside chip and display plants, a project business whose timing follows customers' factory building. Over time it adds recurring income by supplying electronic specialty gases, equipment components and maintenance to the same fabs.
Moat: narrow (customer qualification, installed base). Systems are qualified inside fabs and then supplied with gases and maintenance; recurring fab ties.
Headquarters: Shanghai, China · Founded: 2009 · Employees: 2,458
Size Shanghai GenTech (688596.SS) is a China Industrials company (Miscellaneous Commercial Services) with a market value of $2.42B, the 1060th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥50.87 on 6 Nov 2026.
Performance Over six months the shares gained 55.8%, against +0.8% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 4.0% over the last twelve months (peer median +20.1%); the operating margin is 1.8% (peer median 18.9%).
Valuation It trades at 76.5× forward earnings against a peer median of 18.3× (2nd most expensive of 19).
Capital Return on invested capital runs 6.0 points below its cost of capital (8.9% WACC).
Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.46B | CN¥4.91B | CN¥5.46B | CN¥3.83B | CN¥2.70B |
| Revenue growth | — | -10% | +42% | +42% | — |
| Gross profit | CN¥1.19B | CN¥949M | CN¥1.35B | CN¥979M | CN¥706M |
| EBITDA | n/a | CN¥333M | CN¥696M | CN¥467M | CN¥285M |
| Net income | CN¥337M | CN¥136M | CN¥528M | CN¥401M | CN¥259M |
| Free cash flow | -CN¥34.3M | -CN¥84.4M | -CN¥2.52M | -CN¥219M | -CN¥408M |
| Capital expenditure | CN¥267M | CN¥366M | CN¥424M | CN¥360M | CN¥260M |
| Total debt | CN¥4.02B | CN¥3.62B | CN¥1.50B | CN¥1.07B | CN¥1.17B |
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 |
|---|---|---|---|---|---|---|
| Shanghai GenTech 688596.SS | $2.42B | +56% | +4% | 2% | 76.5× | n/a |
| Guangdong Huate Gas 688268.SS | $1.92B | -47% | +27% | 13% | 56.1× | 35.6% |
| Jinhong Gas 688106.SS | $1.17B | -42% | +15% | 2% | 67.0× | n/a |
| Air Liquide AI.PA | $134B | +15% | -1% | 21% | 29.0× | 18.1% |
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 | 688596.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.6% | -0.4% | 9th lowest of 21 |
| 6-month return | +55.8% | +0.8% | highest of 21 |
| Distance from 52-week high | -42.6% | -22.7% | 6th lowest of 21 |
| Revenue growth (TTM) | +4.0% | +20.1% | 6th lowest of 21 |
| Operating margin | 1.8% | 18.9% | 2nd lowest of 21 |
| Forward P/E | 76.5× | 18.3× | 2nd most expensive of 19 |
| ROIC minus cost of capital | -6.0 pp | +2.1 pp | 3rd lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai GenTech 688596.SS | China | $2.42B | +56% | +4% | 2% | 76.5× | n/a | n/a |
| S-1 012750.KS | South Korea | $2.45B | +14% | +1% | 7% | 21.8× | -1.2% | +5.4% |
| V2X VVX | United States | $2.39B | +9% | +13% | 4% | 11.3× | -1.4% | +26.3% |
| KWS SAAT SE & Co KGaA KWS.DE | Germany | $2.48B | -12% | -3% | 15% | 13.2× | -8.2% | +4.4% |
| Ardentec 3264.TWO | Taiwan | $2.36B | -30% | +32% | 30% | 12.3× | 5.2% | +7.7% |
| Visional 4194.T | Japan | $2.51B | +32% | +24% | 25% | 20.2× | -2.4% | +28.2% |
| CECEP Environmental Protection 300140.SZ | China | $2.51B | -18% | -2% | 23% | n/a | -1.2% | +26.0% |
| Sigurd Microelectronics 6257.TW | Taiwan | $2.33B | -19% | +12% | 22% | 14.0× | n/a | n/a |
| Suzhou Nanomicro Technology 688690.SS | China | $2.31B | +17% | +26% | 25% | 57.1× | 35.3% | +35.2% |
| TIC Solutions TIC | United States | $2.26B | +5% | +39% | -1% | n/a | 51.8% | n/a |
| Hui Lyu Ecological Technology Groups 001267.SZ | China | $2.61B | -59% | +90% | 10% | 71.6× | n/a | n/a |
| International Workplace IWG.L | United Kingdom | $2.63B | +12% | 0% | 4% | 22.5× | 33.6% | +3.3% |
| Huron Consulting HURN | United States | $2.63B | +39% | +12% | 12% | 16.5× | -4.0% | +14.3% |
| Biocytogen Pharmaceuticals (Beijing) 688796.SS | China | $2.22B | -19% | +40% | 24% | 92.6× | 32.3% | +41.1% |
| China Automotive Engineering Research Institute 601965.SS | China | $2.18B | -8% | +12% | 24% | 13.2× | -5.6% | +7.9% |
| Firstsource Solutions FSL.NS | India | $2.16B | +25% | +20% | 12% | 22.0× | 20.3% | +13.5% |
| Pluxee PLX.PA | France | $2.72B | 0% | +1% | 28% | 8.9× | n/a | n/a |
| Sagility SAGILITY.NS | India | $2.15B | +2% | +28% | 18% | 16.4× | 10.3% | +19.5% |
| CoreCivic CXW | United States | $2.84B | +41% | +24% | 10% | 12.1× | -1.6% | +3.0% |
| Inventurus Knowledge Solutions IKS.NS | India | $2.94B | -2% | +20% | 31% | 31.8× | 21.2% | +45.8% |
| Jiangsu Boqian New Materials Stock 605376.SS | China | $2.94B | -43% | +76% | 20% | 38.8× | n/a | n/a |