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← CockpitCompetitor Analysis › 000822.SZ Shandong Haihua Co., Ltd. Class AOpen in the cockpit ↗

Shandong Haihua Co., Ltd. Class A000822.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty
Momentum laggard 17
Mkt cap
$509M
US dollars, full cap
Free float
55%
of shares outstanding
$/day
$6.14M
20-day average traded
P/B
1.02×
price to book
ROE
-36.8%
delivered
Implied ROE
7.8%
what the price asks
Close · CNYCN¥3.79
1D-1.3%
1W+2.4%
1M-13.7%
3M-13.1%
6M-36.3%
YTD-27.8%
1Y-33.5%
ATR %3.2%
52w lowhigh49.5% off high

What Shandong Haihua does

Employees: 4,451

Shandong Haihua at a glance

Size Shandong Haihua (000822.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $509M, the 3819th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.79 on 6 Nov 2026.

Performance Over six months the shares fell 36.3%, against -15.1% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue fell 9.8% over the last twelve months (peer median +9.0%); the operating margin is -32.8% (peer median 1.2%).

Valuation It trades at 1.02× book value against a peer median of 1.77× (4th cheapest of 21).

Price implies The share price implies a return on equity of about 7.8%; Shandong Haihua delivers -36.8%, so the price asks more than the business earns today.

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 85000822.SZ 65
Six months, rebased to 100: Shandong Haihua against the median of its 20 peers (local-currency closes).

Shandong Haihua financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥4.28BCN¥4.73BCN¥5.92BCN¥8.47BCN¥9.66B
Revenue growth—-20%-30%-12%—
Gross profitCN¥591MCN¥385MCN¥734MCN¥1.88BCN¥1.86B
EBITDAn/a-CN¥488MCN¥265MCN¥1.60BCN¥1.60B
Net income-CN¥1.49B-CN¥1.39BCN¥39.2MCN¥1.04BCN¥1.11B
Free cash flow-CN¥1.14B-CN¥267MCN¥1.51B-CN¥517MCN¥912M
Capital expenditureCN¥44.5MCN¥174MCN¥162MCN¥185MCN¥132M
Total debtCN¥4.52BCN¥3.61BCN¥1.94BCN¥1.48BCN¥831M

Quarterly statements and history in the cockpit →

Shandong Haihua competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%-30%-20%-10%000731300798605566000691002453LCFS002365SOTL6883506037254461300522605399600527LXCHEM036830600800603192GUJALKALI000822.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Shandong Haihua is the large dot.

Fundamentals: return on equity against price-to-book

-40%-20%0%20×40×000731300798605566000691002453LCFS002365SOTL6883506037254461300522605399LXCHEM036830300481600800GUJALKALI000822.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Shandong Haihua is the large dot.

Capital: ROE delivered against the ROE the price implies

-25%0%25%50%0%50%0007313007980006910024530023656037254461300522036830600800000822.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Shandong Haihua is the large dot.

Shandong Haihua competitors and peer comparison

How Shandong Haihua compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Shandong Haihua against its 20 peers (data as of 6 Nov 2026)
Measure000822.SZPeer medianRank in peer set
1-month return-13.7%-14.2%10th highest of 21
6-month return-36.3%-15.1%3rd lowest of 21
Return on equity-36.8%1.2%2nd lowest of 21
Price / book1.02×1.77×4th cheapest of 21
ROE the price implies7.8%15.7%4th least demanding of 21
ROE delivered-36.8%1.2%2nd lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Shandong Haihua 000822.SZChina$509M-36%-10%-37%1.02×7.8%-36.8%
Sichuan Meifeng Chemical Industry 000731.SZChina$509M-14%-13%-6%0.92×6.7%-6.4%
Jiangsu Jinji Industrial 300798.SZChina$507M-33%+28%-1%1.78×13.8%-0.7%
Hangzhou Flariant 605566.SSChina$505M-23%+22%4%1.60×14.2%4.2%
Gansu Yatai Industrial Developent 000691.SZChina$516M-6%+29%-2%7.71×65.9%-1.7%
Great Chinasoft Technology 002453.SZChina$497M-27%-5%-29%4.68×46.8%-29.2%
Tidewater Renewables LCFS.TOCanada$495M+97%+24%0%4.05×17.0%0.2%
Qianjiang Yongan Pharmaceutical 002365.SZChina$523M-12%+26%3%1.75×7.4%2.7%
Savita Oil Technologies SOTL.NSIndia$491M+61%+26%10%2.56×40.4%n/a
Jiangsu Feymer Technology 688350.SSChina$528M-14%-6%-2%2.00×17.7%-1.7%
Guangdong Tianan New Material 603725.SSChina$489M+9%-12%6%3.93×30.5%6.2%
DKS 4461.TJapan$530M-6%+31%18%1.45×24.5%17.6%
Suzhou Sunmun Technology 300522.SZChina$534M-15%-5%1%4.62×51.9%1.3%
Jiangxi Chenguang New Materials 605399.SSChina$482M-30%+15%-6%1.57×14.0%-6.1%
Jiangsu Jiangnan High Polymer Fiber 600527.SSChina$538M-30%+2%1%1.74×9.8%1.2%
Laxmi Organic Industries LXCHEM.NSIndia$480M0%+5%4%2.28×32.5%n/a
Soulbrain 036830.KSSouth Korea$480M-55%+16%10%0.36×5.2%9.9%
Puyang Huicheng Electronic Material 300481.SZChina$540M-16%+11%5%1.49×12.7%5.1%
Tian Jin Bohai Chemical 600800.SSChina$479M-37%-24%-45%3.71×27.8%-44.5%
Shanghai Huide Science & Technology 603192.SSChina$476M-15%+2%4%1.45×11.5%3.8%
Gujarat Alkalies & Chemicals GUJALKALI.NSIndia$476M-23%+7%0%0.86×14.4%n/a

Questions

Which companies are Shandong Haihua's closest peers?
The cockpit's peer set: Sichuan Meifeng Chemical Industry (000731.SZ), Jiangsu Jinji Industrial (300798.SZ), Hangzhou Flariant (605566.SS), Gansu Yatai Industrial Developent (000691.SZ), Great Chinasoft Technology (002453.SZ), Tidewater Renewables (LCFS.TO), Qianjiang Yongan Pharmaceutical (002365.SZ), Savita Oil Technologies (SOTL.NS).
Is Shandong Haihua expensive compared with its peers?
On price / book it trades at 1.02× against a peer median of 1.77×, 4th cheapest of 21 in its peer set. The share price implies a return on equity of about 7.8%; Shandong Haihua delivers -36.8%, so the price asks more than the business earns today.
How has Shandong Haihua stock performed?
Over six months to 6 Nov 2026 the shares returned -36.3% against -15.1% for the median peer; over one year -33.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.