Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688598.SS
HOLDREMOVEKBC Corporation, Ltd. · Basic Materials · China · $957M · Avg Vol: $148M/d
KBC Corporation produces carbon-carbon composite materials. It is highly dependent on the capital-intensive photovoltaic and semiconductor manufacturing equipment sectors, making its earnings stream too volatile and cyclical for our quality criteria.
COMPANY DESCRIPTION
KBC Corporation, Ltd. manufactures advanced carbon-carbon composite materials, primarily used as thermal field components in silicon monocrystal pulling furnaces for the solar and semiconductor industries. The company is a dominant market leader in China, benefiting from the rapid expansion of the domestic photovoltaic sector. Its competitive moat lies in its proprietary chemical vapor deposition (CVD) processes, which yield high-purity, long-lifespan composites that significantly reduce wafer manufacturing costs.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 214M | 158M | 79M | 119M | -17.9% |
| EPS | 0.43 | 0.14 | -0.59 | -0.93 | -66.5% |
| Shares | 207M | 207M | 204M | 208M | +0.1% |
| Debt | 41M | 58M | 46M | 65M | 16.6% |
| Equity | 884M | 895M | 765M | 580M | -13.1% |
| Op CF | 73M | 31M | 29M | -21M | -36.7% |
| Inv CF | -534M | -18M | -42M | 31M | — |
| Fin CF | 460M | -4M | -23M | 24M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 688598.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688598.SS | KBC Corporation, Ltd.(you) | $957M | 43 | HOLD |
| 002632.SZ | Daoming Optics&Chemical Co.,Ltd | $939M | 45 | HOLD |
| 300727.SZ | Ningbo Runhe High-Tech Materials Co., Ltd. | $955M | 46 | HOLD |
| 603212.SS | Cybrid Technologies Inc. | $936M | 37 | HOLD |
| 002068.SZ | Jiangxi Black Cat Carbon Black Inc.,Ltd | $1.0B | 37 | HOLD |
| 688219.SS | Orinko Advanced Plastics Co.,LTD | $902M | 35 | HOLD |
| 300192.SZ | Suzhou Kingswood Education Technology Co., Ltd. | $818M | 35 | SELL |
| 688386.SS | Pan Asian Microvent Tech (Jiangsu) Corporation | $1.2B | 52 | HOLD |
| 300063.SZ | Guangdong Tloong Technology Group Co.,Ltd | $1.2B | 35 | SELL |
| 603062.SS | MEGA P&C Advanced Materials (Shanghai) Company Limited | $698M | 49 | HOLD |
Peer medians: ROE 6.2% · P/E 33.4x · Gross margin 17.5%