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603688.SS
HOLDAPPROVEJiangsu Pacific Quartz Co., Ltd · Basic Materials · China · $5.4B · Avg Vol: $445M/d
Jiangsu Pacific Quartz is a dominant global supplier of high-purity quartz (HPQ), an indispensable consumable used in semiconductor crucibles and processing tubes. HPQ has an exceptionally high economic moat due to the extreme rarity of natural deposits and the complex purification technology required. As advanced packaging nodes and high-bandwidth memory (HBM) scale up, the demand for ultra-high-purity quartz consumables is skyrocketing. Pacific Quartz possesses immense pricing power and high ROIC, making it a classic quality compounder riding a powerful structural bottleneck tailwind.
COMPANY DESCRIPTION
Jiangsu Pacific Quartz is a globally leading manufacturer of high-purity quartz materials, including quartz sand, tubes, and crucibles. The company occupies a critical bottleneck position in the semiconductor, solar photovoltaic, and fiber optic supply chains, as one of only a few companies worldwide capable of mass-producing high-purity quartz sand. This oligopolistic market position grants the company exceptional pricing power and high profit margins.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 296M | 1.1B | 179M | 149M | -20.5% |
| EPS | 0.29 | 1.37 | 0.09 | 0.04 | -47.7% |
| Shares | 542M | 542M | 542M | 542M | -0.0% |
| Debt | 130,877 | 122M | 48M | 35,120 | -35.5% |
| Equity | 482M | 1.1B | 852M | 860M | 21.2% |
| Op CF | 72M | 568M | 123M | -9M | 30.8% |
| Inv CF | -19M | -144M | -86M | -41M | — |
| Fin CF | -14M | -101M | -334M | -15M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 603688.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 603688.SS | Jiangsu Pacific Quartz Co., Ltd(you) | $5.4B | 61 | HOLD |
| 688548.SS | Guangzhou Guanggang Gases & Energy Co.,Ltd. | $5.4B | 55 | HOLD |
| 600299.SS | Bluestar Adisseo Company | $5.0B | 56 | HOLD |
| 002271.SZ | Beijing Oriental Yuhong Waterproof Technology Co., Ltd. | $4.8B | 65 | BUY |
| 600884.SS | Ningbo Shanshan Co.,Ltd. | $4.9B | 55 | HOLD |
| 600985.SS | Huaibei Mining Holdings Co.,Ltd. | $5.9B | 55 | HOLD |
| 688545.SS | Hubei Sinophorus Electronic Materials Co.,Ltd. | $4.0B | 59 | HOLD |
| 2579.HK | CNGR Advanced Material Co., Ltd. | $4.4B | 56 | HOLD |
| 300346.SZ | Jiangsu Nata Opto-electronic Material Co., Ltd. | $5.3B | 69 | BUY |
| 300487.SZ | Sunresin New Materials Co.,Ltd | $4.5B | 55 | HOLD |
Peer medians: ROE 6.2% · P/E 33.1x · Gross margin 17.5%