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Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869

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Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
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Price: 373.49 CNY -1.06%
Market Cap: ¥283.1B

EV/S

21.6
Current
924%
More Expensive
vs 3-y average of 2.1

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
21.6
=
Enterprise Value
¥300.4B
/
Revenue
¥14.3B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
21.6
=
Enterprise Value
¥300.4B
/
Revenue
¥14.3B

Valuation Scenarios

Yangtze Optical Fibre and Cable Joint Stock Ltd Co is trading above its 3-year average

If EV/S returns to its 3-Year Average (2.1), the stock would be worth ¥36.48 (90% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-90%
Maximum Upside
No Upside Scenarios
Average Downside
84%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 21.6 ¥373.49
0%
3-Year Average 2.1 ¥36.48
-90%
5-Year Average 2.1 ¥37
-90%
Industry Average 6 ¥104.22
-72%
Country Average 3.3 ¥57.07
-85%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥300.4B
/
Jan 2026
¥14.3B
=
21.6
Current
¥300.4B
/
Dec 2026
¥24.1B
=
12.5
Forward
¥300.4B
/
Dec 2027
¥26.7B
=
11.3
Forward
¥300.4B
/
Dec 2028
¥34.9B
=
8.6
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
307B CNY 21.6 377.2
JP
Nakayo Inc
TSE:6715
111.4T JPY 6 383 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
343.2B USD 5.9 31
US
Arista Networks Inc
NYSE:ANET
207.7B USD 21.8 59.1
CN
Zhongji Innolight Co Ltd
SZSE:300308
916.7B CNY 18.5 63.8
US
Ciena Corp
NYSE:CIEN
67B USD 13.1 292.5
US
Motorola Solutions Inc
NYSE:MSI
72B USD 6.8 33.4
US
Lumentum Holdings Inc
NASDAQ:LITE
56.5B USD 26.2 223.8
US
Ubiquiti Inc
NYSE:UI
58.3B USD 19.4 65.3
FI
Nokia Oyj
OMXH:NOKIA
52.6B EUR 2.5 67.3
TW
Accton Technology Corp
TWSE:2345
1.3T TWD 4.8 46.8

Market Distribution

Higher than 95% of companies in China
Percentile
95th
Based on 7 593 companies
95th percentile
21.6
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

Yangtze Optical Fibre and Cable Joint Stock Ltd Co
Glance View

Market Cap
283.1B CNY
Industry
Communications

In the sprawling industrial tapestry of China, Yangtze Optical Fibre and Cable Joint Stock Ltd Co. (YOFC) stands as a beacon of modern communication. Established in 1988, YOFC has woven itself into the fabric of telecom infrastructure as one of the leading providers of optical fiber and cable solutions worldwide. The company's journey began as a joint venture between China’s Wuhan Yangtze Communications Industry Group Co., Ltd. and two global giants—China's Ministry of Posts and Telecommunications and Japan's Sumitomo Electric Industries. This strategic alliance laid the groundwork for YOFC's expansive growth, enabling it to blend innovative technology with a robust manufacturing capability. At the heart of YOFC's business model lies the production of a vast array of optical fiber products, which are the backbone of digital communication networks. It manufactures preforms, optical fibers, and cables, and its offerings are pivotal to 5G mobile networks, broadband internet services, and data centers. YOFC makes money by selling these high-quality products to telecommunications providers globally, capitalizing on the ever-growing demand for faster and more reliable internet connectivity. Its competitive edge stems from its integrated production processes and substantial R&D investments, which not only enhance product quality and efficiency but also create a barrier against new market entrants. This combination of strategic partnerships, technological prowess, and supply chain excellence has cemented YOFC’s position as a critical player in the global telecommunications market.

Intrinsic Value
84.47 CNY
Overvaluation 77%
Intrinsic Value
Price ¥373.49
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