Want to see HK:6869 full AI Analyst Report?
Top Page
Yangtze Optical Fibre and Cable Joint Stock Co
(6869)
Select Model
Select Model
Rating:57Neutral
Price Target:
HK$100.00
â–Ľ(-22.84% Downside)
Action:Downgraded
Date:10/23/26
The score is held up by materially improved TTM operating performance and better cash generation, supported by moderate leverage. It is pulled down significantly by weak technicals (price well below key moving averages with bearish MACD) and a stretched valuation (P/E ~82.7) with only a modest dividend yield.
Positive Factors
TTM revenue and margin expansion
The latest trailing performance shows stronger revenue and profitability simultaneously, indicating improved operating leverage or product mix. If sustained, these gains can strengthen internal funding capacity, support investment in network infrastructure products, and improve competitive resilience over the next several quarters.
Negative Factors
Volatile historical earnings performance
The sharp contrast between recent TTM results and the weaker 2024–2025 period makes the current earnings level less proven. Such revenue and margin volatility can complicate planning, reduce confidence in sustainable profitability, and leave results exposed if recent operating or mix benefits fade.
Read all positive and negative factors
Positive Factors
Negative Factors
TTM revenue and margin expansion
The latest trailing performance shows stronger revenue and profitability simultaneously, indicating improved operating leverage or product mix. If sustained, these gains can strengthen internal funding capacity, support investment in network infrastructure products, and improve competitive resilience over the next several quarters.
Read all positive factors
Yangtze Optical Fibre and Cable Joint Stock Co (6869) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$161.46B
Dividend Yield1.63%
Average Volume (3M)16.27M
Price to Earnings (P/E)59.6
Beta (1Y)0.67
Revenue Growth38.70%
EPS Growth468.60%
CountryHK
Employees10,596
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)4.21
Shares Outstanding421,566,800
10 Day Avg. Volume19,533,390
30 Day Avg. Volume16,265,686
Financial Highlights & Ratios
PEG Ratio2.15
Price to Book (P/B)2.56
Price to Sales (P/S)2.48
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$260.67Price Target Upside101.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)9.66
Revenue Forecast (FY)HK$26.61B
Yangtze Optical Fibre and Cable Joint Stock Co Business Overview & Revenue Model
Company Description
Established in 1988 with its headquarters in Wuhan, People's Republic of China, Yangtze Optical Fibre And Cable Joint Stock Limited Company is a prominent global enterprise dedicated to the research, development, production, and distribution of fi...
How the Company Makes Money
The company primarily makes money by selling optical fibre and optical cable products to customers that build, upgrade, and maintain communications networks (e.g., telecom carriers, network infrastructure contractors, and enterprise/network operat...
Yangtze Optical Fibre and Cable Joint Stock Co Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
72
Positive
Cash Flow
67
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.56B | 14.25B | 12.20B | 13.35B | 13.83B | 9.54B |
| Gross Profit | 7.55B | 4.21B | 3.33B | 3.27B | 3.24B | 1.87B |
| EBITDA | 5.23B | 2.44B | 1.91B | 2.30B | 1.95B | 757.42M |
| Net Income | 3.42B | 813.74M | 675.88M | 1.30B | 1.17B | 708.51M |
Balance Sheet | ||||||
| Total Assets | 39.15B | 36.38B | 31.73B | 29.14B | 28.20B | 19.48B |
| Cash, Cash Equivalents and Short-Term Investments | 7.80B | 7.57B | 4.73B | 4.94B | 5.67B | 4.30B |
| Total Debt | 10.08B | 10.74B | 6.94B | 8.50B | 6.48B | 4.55B |
| Total Liabilities | 18.77B | 16.87B | 16.15B | 14.74B | 13.67B | 8.89B |
| Stockholders Equity | 16.36B | 13.81B | 11.63B | 11.31B | 10.14B | 9.78B |
Cash Flow | ||||||
| Free Cash Flow | 3.24B | 2.32B | 397.55M | -748.28M | -633.67M | -546.85M |
| Operating Cash Flow | 4.80B | 3.71B | 1.78B | 1.51B | 1.59B | 526.74M |
| Investing Cash Flow | -2.77B | -2.30B | -2.30B | -2.61B | -2.19B | -1.39B |
| Financing Cash Flow | 391.51M | 940.52M | -25.29M | 643.40M | 1.98B | 2.29B |
Yangtze Optical Fibre and Cable Joint Stock Co Technical Analysis
Negative
129.60
Price Trends
156.90
Negative
162.32
Negative
162.49
Negative
Market Momentum
-18.00
Positive
27.25
Positive
15.85
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6869, the sentiment is Negative. The current price of 129.6 is below the 20-day moving average (MA) of 136.61, below the 50-day MA of 156.90, and below the 200-day MA of 162.49, indicating a bearish trend. The MACD of -18.00 indicates Positive momentum. The RSI at 27.25 is Positive, neither overbought nor oversold. The STOCH value of 15.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | HK$161.46B | 59.64 | 30.10% | 1.63% | 38.70% | 468.60% | |
57 Neutral | HK$2.85B | 101.67 | 0.86% | 0.28% | 4.27% | ― | |
55 Neutral | HK$1.42B | 32.09 | 14.03% | 1.25% | 4.77% | 19.94% | |
52 Neutral | HK$508.00M | 10.13 | 5.43% | 0.91% | 87.07% | ― | |
46 Neutral | HK$144.41B | 30.34 | 5.67% | 2.45% | 19.98% | -20.48% | |
46 Neutral | HK$3.66B | -49.74 | -14.47% | ― | 76.36% | 48.06% |
* Technology Sector Average
HK:6869
Yangtze Optical Fibre and Cable Joint Stock Co
96.15
60.64
170.78%
HK:2342
Comba Telecom Systems Holdings
0.92
-2.01
-68.76%
HK:0763
ZTE
19.33
-12.95
-40.11%
HK:1202
Chengdu Putian Telecommunications Cable Co., Ltd. Class H
1.27
0.38
42.22%
HK:9963
Transtech Optelecom Science Holdings Limited
9.45
9.03
2150.00%
HK:1473
Pangaea Connectivity Technology Limited
1.20
0.78
183.02%
Yangtze Optical Fibre and Cable Joint Stock Co Corporate Events
Yangtze Optical Fibre and Cable Delays Overseas Use of Share Placement Proceeds
Oct 30, 2026
Yangtze Optical Fibre and Cable has updated investors on the use of proceeds from its placing of 70 million new H shares, which raised net proceeds of about HK$2.23 billion. As of September 30, 2026, the group has spent roughly HK$1.03 billion, fu...
Yangtze Optical Fibre and Cable Posts Surging Q3 2026 Profits and Strong Cash Flow
Oct 30, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company reported a sharp surge in third-quarter 2026 performance, with operating income for the period reaching RMB 9.32 billion, up 139.42% year-on-year, and year-to-date revenue rising 86.12% t...
Yangtze Optical Fibre and Cable Sets Board Meeting for Nine-Month Results
Oct 20, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has scheduled a board meeting for 30 October 2026 to review and approve the unaudited financial results for the nine months ended 30 September 2026. The board may also address other corpo...
Yangtze Optical Fibre and Cable Wins Shareholder Backing for Interim Dividend and H Share Award Plan
Sep 11, 2026
Shareholders of Yangtze Optical Fibre and Cable Joint Stock Limited Company approved all resolutions at the second extraordinary general meeting held on September 11, 2026 in Wuhan, with 1,444 shareholders and proxies representing 50.90% of issued...
Yangtze Optical Fibre and Cable Sets Interim Dividend and Tax Terms for H-Shareholders
Sep 11, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has declared an interim ordinary dividend of RMB 1.06 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. For H-shareholders in Hong Kong, the...
Yangtze Optical Fibre Updates Tax Treatment on Interim Dividend for Overseas H Shareholders
Sep 10, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has issued a supplemental announcement clarifying tax treatment on its proposed interim dividend for the six months ended June 30, 2026. The move follows a change in PRC tax rules affecti...
Yangtze Optical Fibre and Cable Updates Tax Details on 2026 Interim Dividend
Sep 10, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has updated its interim dividend announcement for the six months ended 30 June 2026, confirming a payout of RMB 1.06 per share for the financial year ending 31 December 2026. Shareholders...
Yangtze Optical Fibre and Cable Sets Interim Dividend and Tax Terms for 2026
Aug 25, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has updated details of its interim ordinary cash dividend for the six months ended 30 June 2026, declaring a payout of RMB 1.06 per share for the financial year ending 31 December 2026. T...
Yangtze Optical Fibre and Cable Sets September EGM for Dividend and H Share Award Scheme
Aug 24, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has called its second extraordinary general meeting of 2026 for September 11 in Wuhan, inviting H-shareholders to vote on key corporate matters. The notice outlines eligibility rules tied...
Yangtze Optical Fibre and Cable plans non‑dilutive 2026 H share award scheme
Aug 21, 2026
Yangtze Optical Fibre and Cable Joint Stock Company plans to introduce a 2026 H Share Award Scheme to align employees’ interests with those of shareholders and support its long‑term strategic objectives in the optical fibre and cable m...
Yangtze Optical Fibre and Cable Declares Interim Dividend and Sets Withholding Tax Terms
Aug 21, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has declared an interim ordinary cash dividend of RMB 1.06 per share for the six months ended 30 June 2026, with payment scheduled for 10 November 2026 for shareholders on the Hong Kong r...
YOFC Delivers Surging First-Half Profit and Resumes Dividend Payout
Aug 21, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company reported a sharp turnaround for the six months ended 30 June 2026, with revenue rising 53.6% year-on-year to about RMB9.81 billion and gross profit surging nearly 190% to RMB5.23 billion....
YOFC sets board meeting to approve interim results and details new non-executive director
Aug 10, 2026
Yangtze Optical Fibre and Cable Joint Stock Limited Company has scheduled a board meeting for 21 August 2026 to review and approve the group’s interim results for the six months ended 30 June 2026, along with other corporate matters. The tim...
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.