Chinese maker of lithium-ion batteries mainly for smartphones and laptops, expanding into EV and storage cells.
Chinese maker of lithium-ion batteries mainly for smartphones and laptops, expanding into EV and storage cells.
In one line: A Chinese consumer-battery maker.
Moat: narrow (customer qualification, scale). Qualified cell supplier to major consumer-electronics brands, though the battery-cell market is highly competitive.
Headquarters: Zhuhai, Guangdong, China · Founded: 2006 · Employees: 23,255
Size Zhuhai CosMX Battery (688772.SS) is a China Industrials company (Electrical Products) with a market value of $2.88B, the 896th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.85 on 6 Nov 2026.
Performance Over six months the shares gained 1.5%, against -34.1% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 17.9% over the last twelve months (peer median +16.4%); the operating margin is -2.4% (peer median 9.8%).
Valuation It trades at 144.1× forward earnings against a peer median of 19.4× (2nd most expensive of 18).
Capital Return on invested capital runs 4.4 points below its cost of capital (9.2% WACC).
Next results Next results expected around 6 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥15.7B | CN¥14.4B | CN¥11.5B | CN¥11.4B | CN¥11.0B |
| Revenue growth | — | +25% | +1% | +4% | — |
| Gross profit | CN¥4.67B | CN¥3.01B | CN¥2.57B | CN¥2.54B | CN¥1.62B |
| EBITDA | n/a | CN¥2.20B | CN¥2.03B | CN¥1.78B | CN¥1.28B |
| Net income | -CN¥82.4M | CN¥472M | CN¥430M | CN¥344M | CN¥90.9M |
| Free cash flow | -CN¥3.18B | -CN¥2.01B | -CN¥566M | -CN¥681M | -CN¥1.36B |
| Capital expenditure | CN¥4.43B | CN¥4.11B | CN¥3.02B | CN¥3.30B | CN¥3.25B |
| Total debt | CN¥12.4B | CN¥10.7B | CN¥8.01B | CN¥8.36B | CN¥7.88B |
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 |
|---|---|---|---|---|---|---|
| Zhuhai CosMX Battery 688772.SS | $2.88B | +2% | +18% | -2% | 144.1× | n/a |
| EVE Energy 300014.SZ | $17.0B | -28% | +51% | 6% | 15.5× | n/a |
| Sunwoda Electronic 300207.SZ | $5.37B | -33% | +36% | -1% | 16.0× | n/a |
| Shenzhen Desay Battery Technology 000049.SZ | $1.20B | -28% | +9% | 2% | 19.5× | n/a |
| Samsung Sdi 006400.KS | $26.8B | -33% | +21% | 0% | 45.9× | n/a |
| LG Energy Solution 373220.KS | $58.2B | -27% | +25% | 1% | n/a | n/a |
| Contemporary Amperex Technology 300750.SZ | $179B | -42% | +51% | 14% | 13.0× | 1.6% |
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 | 688772.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +21.2% | -9.4% | highest of 21 |
| 6-month return | +1.5% | -34.1% | 2nd highest of 21 |
| Distance from 52-week high | -42.2% | -49.2% | 7th highest of 21 |
| Revenue growth (TTM) | +17.9% | +16.4% | 11th highest of 21 |
| Operating margin | -2.4% | 9.8% | 3rd lowest of 21 |
| Forward P/E | 144.1× | 19.4× | 2nd most expensive of 18 |
| ROIC minus cost of capital | -4.4 pp | -1.4 pp | 6th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhuhai CosMX Battery 688772.SS | China | $2.88B | +2% | +18% | -2% | 144.1× | n/a | n/a |
| Time Interconnect Technology 1729.HK | Hong Kong | $2.84B | -57% | +84% | 7% | 10.8× | n/a | n/a |
| Mabuchi Motor 6592.T | Japan | $2.84B | +18% | +12% | 12% | 17.9× | 5.8% | +11.5% |
| Ming Yang Smart Energy 601615.SS | China | $2.80B | -47% | +8% | -4% | 19.4× | n/a | n/a |
| Shenzhen Senior Technology Material 300568.SZ | China | $2.80B | -23% | +45% | 10% | 27.4× | n/a | n/a |
| Shijiazhuang Shangtai Technology 001301.SZ | China | $2.80B | -16% | +34% | 13% | 16.6× | n/a | n/a |
| TDG 600330.SS | China | $2.96B | -43% | +21% | -19% | 320.4× | n/a | n/a |
| Tianneng Battery 688819.SS | China | $2.79B | -37% | +2% | 0% | 10.9× | -7.9% | +5.4% |
| Shenzhen Woer Heat-Shrinkable Material 002130.SZ | China | $2.98B | -37% | +20% | 15% | 16.4× | 1.8% | +15.6% |
| Fortior Technology (Shenzhen) 688279.SS | China | $2.76B | 0% | +46% | 25% | 62.7× | n/a | n/a |
| Qingdao Hanhe Cable 002498.SZ | China | $2.74B | -37% | +21% | 3% | 18.3× | n/a | n/a |
| Zhongshan Broad-Ocean Motor 002249.SZ | China | $2.73B | -21% | +1% | 6% | n/a | 7.7% | +9.5% |
| Daming Electronics 603376.SS | China | $2.71B | -22% | +110% | 9% | n/a | n/a | n/a |
| Schneider Electric Infrastructure SCHNEIDER.NS | India | $2.69B | -21% | +10% | 10% | 76.0× | 56.2% | +17.4% |
| Zhefu 002266.SZ | China | $3.09B | -26% | +27% | 8% | 9.3× | n/a | n/a |
| Weihai Guangwei Composites 300699.SZ | China | $2.68B | -35% | +12% | 16% | 45.8× | 13.8% | +6.2% |
| GS Yuasa 6674.T | Japan | $2.67B | -33% | +6% | 10% | 9.9× | n/a | n/a |
| Huaming Power Equipment 002270.SZ | China | $2.66B | -19% | +7% | 32% | 22.3× | 5.9% | +12.3% |
| Baoding Tianwei Baobian Electric 600550.SS | China | $2.65B | -36% | +13% | 4% | n/a | 45.5% | +7.1% |
| Maruwa 5344.T | Japan | $3.12B | -46% | +26% | 36% | 19.5× | n/a | n/a |
| Luster LightTech 688400.SS | China | $2.63B | -37% | +10% | 0% | 28.1× | 56.8% | +10.7% |