Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600577.SS
HOLDFLAGTongling Jingda Special Magnet Wire Co., Ltd. · Industrials · China · $4.1B · Avg Vol: $136M/d
As a major producer of electromagnetic wires, Jingda is a direct beneficiary of grid electrification and EV motor demand. However, it operates as a low-margin processor rather than a high-moat compounder.
COMPANY DESCRIPTION
Tongling Jingda Special Magnet Wire Co., Ltd. manufactures electromagnetic wires, including enameled copper and aluminum wires, used in motors, automotive electronics, and home appliances. As one of the largest magnet wire producers globally, the company benefits from massive scale economies and long-term supply relationships with global industrial giants. It is a high-volume, cost-efficient industrial materials leader expanding into high-margin electric vehicle motor applications.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 2.6B | 2.6B | 3.3B | 3.6B | 12.0% |
| EPS | 0.03 | 0.03 | 0.04 | 0.04 | 13.8% |
| Shares | 2.1B | 2.1B | 2.1B | 2.1B | +3.4% |
| Debt | 481M | 494M | 623M | 468M | -0.9% |
| Equity | 748M | 779M | 851M | 909M | 6.7% |
| Op CF | 194M | 65M | -87M | 366M | 23.4% |
| Inv CF | -123M | -29M | -63M | -20M | — |
| Fin CF | -80M | -69M | 101M | -287M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 600577.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600577.SS | Tongling Jingda Special Magnet Wire Co., Ltd.(you) | $4.1B | 46 | HOLD |
| 002335.SZ | Kehua Data Co., Ltd. | $4.3B | 41 | HOLD |
| 002498.SZ | Qingdao Hanhe Cable Co.,Ltd | $4.0B | 39 | HOLD |
| 300913.SZ | Zhejiang Zhaolong Interconnect Technology Co.,Ltd. | $3.0B | 44 | HOLD |
| 688006.SS | Zhejiang HangKe Technology Incorporated Company | $3.5B | 50 | HOLD |
| 001301.SZ | Shijiazhuang Shangtai Technology Co., Ltd. | $3.4B | 51 | HOLD |
| 688248.SS | China Southern Power Grid Technology Co.,Ltd | $5.1B | 52 | HOLD |
| 688676.SS | Hainan Jinpan Smart Technology Co., Ltd. | $6.8B | 45 | HOLD |
| 300593.SZ | Beijing Relpow Technology Co., Ltd | $2.8B | 42 | HOLD |
| 688800.SS | Suzhou Recodeal Interconnect System Co.,Ltd | $3.6B | 37 | HOLD |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%