Yangtze Optical Fibre and Cable Joint Stock Ltd Co Class H (HK:6869)
:6869
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Yangtze Optical Fibre and Cable Joint Stock Co
(6869)
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Rating:72Outperform
Price Target:
HK$234.00
▲(13.59% Upside)
Action:UpgradedDate:04/09/26
The score is driven primarily by improving financial performance (notably the 2025 cash-flow/FCF rebound) and strong technical momentum with price well above major moving averages. These positives are tempered by valuation risk from a high P/E and by financial quality concerns around margin compression and rising leverage.
Positive Factors
Cash generation recovery
A step-change to positive free cash flow after multiple years of negative FCF materially improves the firm's ability to fund capex, service debt, and support operations without external financing. If sustained, stronger cash generation underpins durable financial flexibility and execution of strategic plans.
Negative Factors
Margin compression
A significant fall in net margin signals persistent pricing pressure, adverse mix, or rising costs that can erode the benefits of revenue growth. If margins remain depressed, returns on capital and the translation of earnings into cash will be impaired, weakening long‑term profitability resilience.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation recovery
A step-change to positive free cash flow after multiple years of negative FCF materially improves the firm's ability to fund capex, service debt, and support operations without external financing. If sustained, stronger cash generation underpins durable financial flexibility and execution of strategic plans.
Read all positive factors
Yangtze Optical Fibre and Cable Joint Stock Co (6869) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$263.96B
Dividend Yield0.54%
Average Volume (3M)29.66M
Price to Earnings (P/E)44.6
Beta (1Y)1.06
Revenue Growth17.02%
EPS Growth20.31%
CountryHK
Employees4,358
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)0.44
Shares Outstanding421,566,800
10 Day Avg. Volume50,695,879
30 Day Avg. Volume29,660,205
Financial Highlights & Ratios
PEG Ratio2.64
Price to Book (P/B)2.56
Price to Sales (P/S)2.54
P/FCF Ratio15.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$176.54Price Target Upside-14.30% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)6.28
Revenue Forecast (FY)HK$22.91B
Yangtze Optical Fibre and Cable Joint Stock Co Business Overview & Revenue Model
Company Description
Yangtze Optical Fibre And Cable Joint Stock Limited Company researchs, develops, produces, and sells optical fiber and cable products in the People's Republic of China and internationally. The company operates in two segments, Optical Fibres and O...
How the Company Makes Money
YOFC primarily makes money by selling optical communications products across the fibre-to-cable value chain. Key revenue streams include: (1) Optical fibre preforms: the company sells internally produced preforms and may also sell them externally;...
Yangtze Optical Fibre and Cable Joint Stock Co Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
58
Neutral
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.88B | 12.20B | 13.35B | 13.83B | 9.54B |
| Gross Profit | 3.88B | 3.33B | 3.27B | 3.24B | 1.87B |
| EBITDA | 2.44B | 1.84B | 2.30B | 1.95B | 741.30M |
| Net Income | 792.68M | 675.88M | 1.30B | 1.17B | 708.51M |
Balance Sheet | |||||
| Total Assets | 36.38B | 31.73B | 29.14B | 28.20B | 19.48B |
| Cash, Cash Equivalents and Short-Term Investments | 7.57B | 4.73B | 4.94B | 5.67B | 4.30B |
| Total Debt | 10.74B | 6.94B | 8.50B | 6.48B | 4.55B |
| Total Liabilities | 16.87B | 16.15B | 14.74B | 13.67B | 8.89B |
| Stockholders Equity | 13.81B | 11.63B | 11.31B | 10.14B | 9.78B |
Cash Flow | |||||
| Free Cash Flow | 2.32B | 397.55M | -748.28M | -633.67M | -546.85M |
| Operating Cash Flow | 3.71B | 1.78B | 1.51B | 1.59B | 526.74M |
| Investing Cash Flow | -2.30B | -2.30B | -2.61B | -2.19B | -1.39B |
| Financing Cash Flow | 940.52M | -25.29M | 643.40M | 1.98B | 2.29B |
Yangtze Optical Fibre and Cable Joint Stock Co Technical Analysis
Positive
206.00
Price Trends
153.11
Positive
100.03
Positive
68.52
Positive
Market Momentum
19.36
Positive
57.23
Neutral
44.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6869, the sentiment is Positive. The current price of 206 is above the 20-day moving average (MA) of 190.40, above the 50-day MA of 153.11, and above the 200-day MA of 68.52, indicating a bullish trend. The MACD of 19.36 indicates Positive momentum. The RSI at 57.23 is Neutral, neither overbought nor oversold. The STOCH value of 44.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6869.
Yangtze Optical Fibre and Cable Joint Stock Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$263.96B | 44.55 | 6.66% | 0.54% | 17.02% | 20.31% | |
68 Neutral | HK$580.14M | 7.47 | 11.92% | 2.53% | 19.80% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | HK$584.00M | 110.06 | -0.09% | ― | 21.56% | 161.29% | |
54 Neutral | HK$4.96B | -70.76 | -11.77% | 0.24% | 0.94% | ― | |
52 Neutral | HK$1.71B | -0.87 | -31.28% | ― | -34.98% | -3.65% | |
50 Neutral | HK$186.17B | 17.66 | 7.55% | 2.43% | 11.91% | -44.16% |
* Technology Sector Average
HK:6869
Yangtze Optical Fibre and Cable Joint Stock Co
220.40
207.43
1599.57%
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Yangtze Optical Fibre and Cable Joint Stock Co Corporate Events
Yangtze Optical Fibre and Cable Sets April Board Meeting to Review Q1 2026 Results
Apr 17, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has scheduled a board meeting for 29 April 2026 in Wuhan to review and approve the Group’s unaudited financial results for the first quarter ended 31 March 2026. The meeting will al...
Yangtze Optical Fibre and Cable posts profit rebound on overseas growth
Mar 27, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company reported audited results for 2025 showing a strong rebound in performance, with operating income rising 16.8% to RMB14.25 billion and gross profit improving to RMB4.38 billion, lifting th...
Yangtze Optical Fibre and Cable Declares Final 2025 Dividend and Sets Withholding Tax Terms
Mar 27, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has declared a final ordinary cash dividend of RMB 0.295 per share for the financial year ended 31 December 2025, with payment scheduled for 21 August 2026, subject to shareholder approva...
Yangtze Optical Fibre and Cable Updates Articles After H-Share Issuance
Mar 27, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has amended its articles of association to reflect an increase in total share capital and registered capital following the issuance of 70 million additional H shares on December 17, 2025....
Yangtze Optical Fibre and Cable Sets March Board Meeting on 2025 Results and Dividend
Mar 17, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has scheduled a board meeting for 27 March 2026 to review and approve the group’s annual results for the year ended 31 December 2025. The board will also consider whether to recomme...
Yangtze Optical Fibre and Cable Announces Resignations of Two Independent Directors on Term-Limit Grounds
Mar 13, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company announced that independent non-executive directors Song Wei and Bingsheng Teng have tendered their resignations upon reaching the regulatory term limit for such roles under Chinese securi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.