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← CockpitCompetitor Analysis › 002165.SZ Hongbaoli Group Corporation Ltd. Class AOpen in the cockpit ↗

Hongbaoli Group Corporation Ltd. Class A002165.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty
Momentum weak 22
Mkt cap
$645M
US dollars, full cap
Free float
75%
of shares outstanding
$/day
$24.7M
20-day average traded
P/B
2.99×
price to book
ROE
-33.5%
delivered
Implied ROE
23.8%
what the price asks
Close · CNYCN¥5.85
1D-2.0%
1W+7.5%
1M-16.2%
3M-11.0%
6M-31.8%
YTD-22.6%
1Y-31.7%
ATR %4.8%
52w lowhigh61.0% off high

What Hongbaoli does

Employees: 1,206

Hongbaoli at a glance

Size Hongbaoli (002165.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $645M, the 3252nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.85 on 6 Nov 2026.

Performance Over six months the shares fell 31.8%, against -24.5% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 10.2% over the last twelve months (peer median +12.5%); the operating margin is -19.3% (peer median 2.4%).

Valuation It trades at 2.99× book value against a peer median of 2.24× (7th most expensive of 21).

Price implies The share price implies a return on equity of about 23.8%; Hongbaoli delivers -33.5%, so the price asks more than the business earns today.

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 71002165.SZ 67
Six months, rebased to 100: Hongbaoli against the median of its 20 peers (local-currency closes).

Hongbaoli financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.08BCN¥2.79BCN¥2.72BCN¥2.64BCN¥2.51B
Revenue growth—+2%+3%+5%—
Gross profitCN¥406MCN¥334MCN¥345MCN¥451MCN¥262M
EBITDAn/aCN¥128MCN¥135MCN¥171MCN¥106M
Net income-CN¥584MCN¥17.3MCN¥58.5MCN¥38.3M-CN¥78.3M
Free cash flow-CN¥263MCN¥91.5MCN¥121M-CN¥84.7MCN¥1.17B
Capital expenditureCN¥128MCN¥102MCN¥142MCN¥192MCN¥5.32M
Total debtCN¥3.28BCN¥2.64BCN¥2.37BCN¥2.44BCN¥3.20B

Quarterly statements and history in the cockpit →

Hongbaoli 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

-50%0%+50%+100%-40%-20%0%+20%093370301246000819002455004000002584WAGA30047880144770LWLG603790688733EXPL1709002637002165.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Hongbaoli is the large dot.

Fundamentals: return on equity against price-to-book

-20%0%20×40×60×0933703012462553000819002455004000300848WAGA30047880144770688196LWLG603790300758EXPL1709002637002165.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. Hongbaoli is the large dot.

Capital: ROE delivered against the ROE the price implies

0%200%400%600%800%0%250%500%750%093370301246300478LWLG002165.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Hongbaoli is the large dot.

Hongbaoli competitors and peer comparison

How Hongbaoli 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.

Hongbaoli against its 20 peers (data as of 6 Nov 2026)
Measure002165.SZPeer medianRank in peer set
1-month return-16.2%-10.1%7th lowest of 21
6-month return-31.8%-24.5%9th lowest of 20
Return on equity-33.5%3.4%3rd lowest of 21
Price / book2.99×2.24×7th most expensive of 21
ROE the price implies23.8%16.3%5th most demanding of 21
ROE delivered-33.5%4.6%3rd 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
Hongbaoli 002165.SZChina$645M-32%+10%-34%2.99×23.8%-33.5%
Foosung 093370.KSSouth Korea$648M-38%+27%11%2.41×22.0%11.0%
Hubei Hongyuan Pharmaceutical Technology 301246.SZChina$639M-47%+45%7%1.36×13.2%6.8%
Beijing Shougang LanzaTech Technology 2553.HKHong Kong$653Mn/a0%-29%4.51×13.4%n/a
Yueyang Xingchang Petro-Chemical 000819.SZChina$636M-29%+44%0%2.01×17.4%0.0%
Jiangsu Baichuan High-Tech New Materials 002455.SZChina$656M-42%+9%-2%1.57×14.6%-2.1%
LOTTE Fine Chem 004000.KSSouth Korea$634M-51%+18%4%0.35×4.1%n/a
Miracll Chemicals 300848.SZChina$632M-45%+23%2%2.77×23.4%2.4%
Xilong Scientific 002584.SZChina$632M-11%+23%2%1.90×15.5%1.8%
Waga Energy WAGA.PAFrance$659M-3%+7%-25%4.87×19.6%n/a
Hangzhou Gaoxin Materials Technology 300478.SZChina$631M+11%-21%-76%99.54×757.2%-75.9%
Chori 8014.TJapan$629M-6%+3%12%0.93×6.3%12.4%
Allied Supreme 4770.TWTaiwan$629M+12%-15%11%2.48×13.7%10.6%
Longyan Zhuoyue New Energy 688196.SSChina$622M-38%+2%2%1.33×11.1%1.8%
Lightwave Logic LWLGUnited States$673M-73%+165%-34%6.46×93.6%-34.4%
Argus (Shanghai) Textile Chemicals 603790.SSChina$618M-11%+21%9%3.08×17.1%9.0%
Anhui Estone Materials Technology 688733.SSChina$676M-25%+44%0%2.13×27.5%0.3%
Anshan Hifichem 300758.SZChina$615M-22%+11%5%2.25×27.1%4.6%
Societe Explosifs et Produits Chimiques EXPL.PAFrance$684M+4%+13%16%3.12×17.2%15.7%
Formosan Union Chemical 1709.TWTaiwan$607M+128%-3%11%2.23×8.7%10.7%
Zanyu Technology 002637.SZChina$605M-34%-3%5%1.03×9.9%5.4%

Questions

Which companies are Hongbaoli's closest peers?
The cockpit's peer set: Foosung (093370.KS), Hubei Hongyuan Pharmaceutical Technology (301246.SZ), Beijing Shougang LanzaTech Technology (2553.HK), Yueyang Xingchang Petro-Chemical (000819.SZ), Jiangsu Baichuan High-Tech New Materials (002455.SZ), LOTTE Fine Chem (004000.KS), Miracll Chemicals (300848.SZ), Xilong Scientific (002584.SZ).
Is Hongbaoli expensive compared with its peers?
On price / book it trades at 2.99× against a peer median of 2.24×, 7th most expensive of 21 in its peer set. The share price implies a return on equity of about 23.8%; Hongbaoli delivers -33.5%, so the price asks more than the business earns today.
How has Hongbaoli stock performed?
Over six months to 6 Nov 2026 the shares returned -31.8% against -24.5% for the median peer; over one year -31.7%.

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.