Which companies are Poly Union Chemical's closest peers?

The cockpit's peer set: Meisei Industrial (1976.T), Concrete Pumping (BBCP), TOA ROAD (1882.T), Shenzhen Glory Medical (002551.SZ), Hwang Chang General Contractor (2543.TW), Chengdu Road & Bridge Engineering (002628.SZ), Fukuda (1899.T), Zhengping Road & Bridge Construction (603843.SS).

Is Poly Union Chemical expensive compared with its peers?

On ev / sales it trades at 1.4× against a peer median of 1.8×, 9th cheapest of 21 in its peer set.

How has Poly Union Chemical stock performed?

Over six months to 6 Nov 2026 the shares returned -23.2% against -15.6% for the median peer; over one year -38.8%.

← CockpitCompetitor Analysis › 002037.SZ Poly Union Chemical Holding Group Co., Ltd. Class AOpen in the cockpit ↗

Poly Union Chemical Holding Group Co., Ltd. Class A002037.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Engineering & Construction

Momentum neutral 58

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$477M

US dollars, full cap

Free float

47%

of shares outstanding

$/day

$5.68M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-10.2 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥6.57

1D-0.6%

1W+5.5%

1M-2.8%

3M-3.8%

6M-23.2%

YTD-30.8%

1Y-38.8%

ATR %3.7%

52w lowhigh39.0% off high

What Poly Union Chemical does

Employees: 7,236

Poly Union Chemical at a glance

Size Poly Union Chemical (002037.SZ) is a China Industrials company (Engineering & Construction) with a market value of $477M, the 3962nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.57 on 6 Nov 2026.

Performance Over six months the shares fell 23.2%, against -15.6% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue fell 10.7% over the last twelve months (peer median -0.9%); the operating margin is -8.3% (peer median 3.9%).

Valuation It trades at 1.4× enterprise value to sales against a peer median of 1.8× (9th cheapest of 21).

Capital Return on invested capital runs 10.2 points below its cost of capital (5.0% WACC).

Relative performance

Six months, rebased to 100: Poly Union Chemical against the median of its 20 peers (local-currency closes).

Poly Union Chemical financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥6.32B	CN¥6.68B	CN¥6.49B	CN¥6.76B	CN¥6.35B
Revenue growth	—	+3%	-4%	+7%	—
Gross profit	CN¥877M	CN¥1.02B	CN¥1.19B	CN¥1.15B	CN¥934M
EBITDA	-CN¥245M	-CN¥120M	CN¥529M	-CN¥174M	-CN¥442M
Net income	-CN¥935M	-CN¥849M	CN¥38.1M	-CN¥662M	-CN¥786M
Free cash flow	CN¥2.09M	-CN¥105M	CN¥124M	-CN¥810M	-CN¥516M
Capital expenditure	CN¥166M	CN¥214M	CN¥245M	CN¥595M	CN¥210M
Total debt	CN¥6.35B	CN¥6.42B	CN¥6.59B	CN¥8.08B	CN¥7.15B

Quarterly statements and history in the cockpit →

Poly Union Chemical 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

Up and to the right = strong over both horizons. Poly Union Chemical is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Poly Union Chemical is the large dot.

Poly Union Chemical competitors and peer comparison

How Poly Union Chemical 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.

Poly Union Chemical against its 20 peers (data as of 6 Nov 2026)
Measure	002037.SZ	Peer median	Rank in peer set
1-month return	-2.8%	-8.8%	5th highest of 21
6-month return	-23.2%	-15.6%	8th lowest of 21
Distance from 52-week high	-39.0%	-35.2%	7th lowest of 21
Revenue growth (TTM)	-10.7%	-0.9%	7th lowest of 21
Operating margin	-8.3%	3.9%	6th lowest of 21
EV / Sales	1.4×	1.8×	9th cheapest of 21
ROIC minus cost of capital	-10.2 pp	-2.5 pp	7th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Poly Union Chemical 002037.SZ	China	$477M	-23%	-11%	-8%	1.4×	n/a	n/a
Meisei Industrial 1976.T	Japan	$478M	-12%	-5%	13%	0.7×	-9.6%	+3.6%
Concrete Pumping BBCP	United States	$479M	+20%	+7%	12%	2.1×	9.9%	+5.2%
TOA ROAD 1882.T	Japan	$479M	-4%	-4%	5%	0.5×	-8.4%	+1.6%
Shenzhen Glory Medical 002551.SZ	China	$479M	-17%	-3%	-17%	2.4×	n/a	n/a
Hwang Chang General Contractor 2543.TW	Taiwan	$480M	-32%	+31%	14%	1.4×	n/a	n/a
Chengdu Road & Bridge Engineering 002628.SZ	China	$472M	-24%	+1%	-23%	5.3×	24.8%	-16.2%
Fukuda 1899.T	Japan	$483M	+10%	+6%	6%	0.2×	-19.9%	-2.0%
Zhengping Road & Bridge Construction 603843.SS	China	$469M	-50%	-15%	-18%	4.8×	n/a	n/a
PRAJ Industries PRAJIND.NS	India	$486M	-38%	+2%	2%	1.3×	49.1%	+19.4%
Guizhou Transportation Planning Survey & Design Academe 603458.SS	China	$462M	-14%	-19%	-35%	2.6×	-0.4%	-13.7%
Delpha Construction 2530.TW	Taiwan	$462M	-11%	-59%	26%	10.2×	n/a	n/a
Shanghai Yanhua Smartech 002178.SZ	China	$492M	-21%	-22%	-5%	9.1×	n/a	n/a
Polimex - Mostostal PXM.WA	Poland	$462M	-14%	+21%	4%	0.3×	2.2%	+20.7%
Jiu Han System Technology 6903.TWO	Taiwan	$494M	-40%	+196%	27%	2.1×	-3.0%	+11.0%
Zhongtongguomai Communication 603559.SS	China	$455M	-1%	+1%	-18%	6.7×	n/a	n/a
Hindustan Construction HCC.NS	India	$500M	-26%	-21%	12%	1.2×	n/a	n/a
Tengda Construction 600512.SS	China	$452M	-21%	+32%	-3%	0.2×	n/a	n/a
Hanjia Digital Intelligence Science and Technology 300746.SZ	China	$452M	+7%	-2%	0%	3.4×	47.6%	-10.5%
Dayu Irrigation 300021.SZ	China	$506M	-26%	-15%	4%	1.4×	n/a	n/a
Continental 3703.TW	Taiwan	$509M	0%	+7%	6%	1.4×	0.0%	+9.7%

Questions

Which companies are Poly Union Chemical's closest peers?: The cockpit's peer set: Meisei Industrial (1976.T), Concrete Pumping (BBCP), TOA ROAD (1882.T), Shenzhen Glory Medical (002551.SZ), Hwang Chang General Contractor (2543.TW), Chengdu Road & Bridge Engineering (002628.SZ), Fukuda (1899.T), Zhengping Road & Bridge Construction (603843.SS).
Is Poly Union Chemical expensive compared with its peers?: On ev / sales it trades at 1.4× against a peer median of 1.8×, 9th cheapest of 21 in its peer set.
How has Poly Union Chemical stock performed?: Over six months to 6 Nov 2026 the shares returned -23.2% against -15.6% for the median peer; over one year -38.8%.