Chinese maker of ultra-thin copper foil used in lithium-ion battery electrodes and printed circuit boards.
Chinese maker of ultra-thin copper foil used in lithium-ion battery electrodes and printed circuit boards.
Copper foil is typically priced as the metal's market cost plus a processing fee, so the fee, not the copper, decides margin, and ultra-thin foil for batteries commands a larger fee than standard grades. The shares trade as an unsponsored American depositary receipt, meaning the company did not itself arrange the US listing.
In one line: A small, foil-focused Chinese SK Nexilis.
Moat: narrow (process know-how, scale). Precision electrolytic foil manufacturing know-how, but a capital-intensive, competitive Chinese materials market.
Headquarters: Shenzhen, China · Founded: 2022 · Employees: 2,692
Size Londian Wason New Energy Tech, Inc. Unsponsored ADR (FOIL) is a United States Materials company (Other Metals/Minerals) with a market value of $1.11B, the 2184th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.99 on 6 Nov 2026.
Growth Revenue grew 25.0% over the last twelve months (peer median +23.9%); the operating margin is 4.9% (peer median 6.0%).
Valuation It trades at 13.3× forward earnings against a peer median of 16.7× (4th cheapest of 9).
Capital Return on invested capital runs 2.6 points below its cost of capital (11.6% WACC).
Short interest Short interest is 0.0% of the free float (15 Oct 2026).
Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | $1.85B | $1.52B | $1.22B |
| Revenue growth | — | +25% | — |
| Gross profit | $174M | $101M | $52.7M |
| EBITDA | n/a | $90.7M | $36.3M |
| Net income | $31.9M | $2.69M | -$40.9M |
| Free cash flow | n/a | -$113M | -$147M |
| Capital expenditure | n/a | $101M | $129M |
| Total debt | n/a | $1.47B | $1.39B |
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 |
|---|---|---|---|---|---|---|
| Londian Wason New Energy Tech, Inc. Unsponsored ADR FOIL | $1.11B | n/a | +25% | 5% | 13.3× | n/a |
| Samsung Sdi 006400.KS | $26.8B | -33% | +21% | 0% | 45.9× | n/a |
| Nuode New Materials 600110.SS | $2.21B | -22% | +100% | 4% | 37.0× | 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 | FOIL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.1% | -15.9% | 4th lowest of 21 |
| Distance from 52-week high | -50.9% | -46.9% | 10th lowest of 21 |
| Revenue growth (TTM) | +25.0% | +23.9% | 8th highest of 16 |
| Operating margin | 4.9% | 6.0% | 9th highest of 17 |
| Forward P/E | 13.3× | 16.7× | 4th cheapest of 9 |
| ROIC minus cost of capital | -2.6 pp | -6.5 pp | 7th highest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Londian Wason New Energy Tech, Inc. Unsponsored ADR FOIL | United States | $1.11B | n/a | +25% | 5% | 13.3× | n/a | n/a |
| Alphamin Resources AFM.V | Canada | $1.12B | -15% | +45% | 54% | 4.1× | n/a | n/a |
| Xizang Zhihui Mining 2546.HK | Hong Kong | $1.08B | +8% | +104% | 28% | n/a | 32.8% | +6.0% |
| Uranium Royalty UROY | United States | $1.16B | -24% | +1,570% | 27% | n/a | 17.4% | +161.8% |
| Jiangxi Jiangnan New Material Technology 603124.SS | China | $1.16B | -37% | +19% | 3% | 18.6× | n/a | n/a |
| Zimplats ZIM.AX | Australia | $1.06B | -15% | +50% | 33% | n/a | -15.0% | +1.1% |
| Collective Mining CNL.TO | Canada | $1.17B | -22% | n/a | n/a | n/a | n/a | n/a |
| Gravita India GRAVITA.NS | India | $1.17B | -17% | +24% | 8% | 24.7× | n/a | n/a |
| Jain Resource Recycling JAINREC.NS | India | $1.05B | -43% | +48% | 5% | 23.4× | n/a | n/a |
| Americas Gold and Silver USA.TO | Canada | $1.05B | -50% | +86% | 19% | 14.9× | n/a | n/a |
| Eramet ERA.PA | France | $1.19B | -38% | 0% | -1% | n/a | n/a | n/a |
| Solaris Resources SLS.TO | Canada | $1.19B | -28% | n/a | n/a | n/a | n/a | n/a |
| Faraday Copper FDY.TO | Canada | $1.21B | -18% | n/a | n/a | n/a | n/a | n/a |
| Ivanhoe Electric IE | United States | $1.21B | -45% | -21% | -3,916% | n/a | n/a | n/a |
| North Long Dragon New Materials Tech 301357.SZ | China | $1.23B | -20% | -9% | -23% | n/a | n/a | n/a |
| Evolution Metals & Technologies EMAT | United States | $1.23B | -79% | n/a | -548% | n/a | n/a | n/a |
| TMC TMC | United States | $1.00B | -60% | n/a | n/a | n/a | n/a | n/a |
| Jinchuan Group International Resources 2362.HK | Hong Kong | $997M | +4% | +65% | 22% | 2.0× | -2.2% | -1.8% |
| AMG Critical Materials AMG.AS | Netherlands | $988M | -41% | +12% | 7% | 11.9× | 0.2% | +13.0% |
| Nanjing Hanrui Cobalt 300618.SZ | China | $1.27B | -49% | +11% | 4% | 20.6× | n/a | n/a |
| Zhejiang Tony Electronic 603595.SS | China | $960M | +52% | +5% | -12% | n/a | n/a | n/a |