Which companies are Sanlux's closest peers?

The cockpit's peer set: Hubei Xiangyuan New Material Technology (300980.SZ), Indigo Paints (INDIGOPNTS.NS), Matsumoto Yushiseiyaku (4365.T), Hangzhou Heshun Technology (301237.SZ), Shanghai Kinlita Chemical (300225.SZ), Sokan New Materials (688157.SS), SANVO Fine Chemicals (0301.HK), Jiangsu Xiuqiang Glasswork (300160.SZ).

Is Sanlux expensive compared with its peers?

On price / book it trades at 0.95× against a peer median of 2.02×, 2nd cheapest of 21 in its peer set. The share price implies a return on equity of about 5.4%; Sanlux delivers -1.0%, so the price asks more than the business earns today.

How has Sanlux stock performed?

Over six months to 6 Nov 2026 the shares returned -21.5% against -21.5% for the median peer; over one year -23.1%.

← CockpitCompetitor Analysis › 002224.SZ Sanlux Co. Ltd. Class AOpen in the cockpit ↗

Sanlux Co. Ltd. Class A002224.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Industrial Specialties

Momentum neutral 56

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$458M

US dollars, full cap

Free float

87%

of shares outstanding

$/day

$5.68M

20-day average traded

P/B

0.95×

price to book

ROE

-1.0%

delivered

Implied ROE

5.4%

what the price asks

Close · CNYCN¥3.43

1D-0.9%

1W+3.3%

1M-8.3%

3M-2.6%

6M-21.5%

YTD-21.9%

1Y-23.1%

ATR %3.2%

52w lowhigh33.7% off high

What Sanlux does

Employees: 1,287

Sanlux at a glance

Size Sanlux (002224.SZ) is a China Materials company (Industrial Specialties) with a market value of $458M, the 4074th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.43 on 6 Nov 2026.

Performance Over six months the shares fell 21.5%, against -21.5% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 20 in its peer set.

Growth Revenue grew 8.0% over the last twelve months (peer median +6.3%); the operating margin is -3.6% (peer median 4.3%).

Valuation It trades at 0.95× book value against a peer median of 2.02× (2nd cheapest of 21).

Price implies The share price implies a return on equity of about 5.4%; Sanlux delivers -1.0%, so the price asks more than the business earns today.

Relative performance

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

Sanlux financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥1.10B	CN¥1.05B	CN¥880M	CN¥926M	CN¥886M
Revenue growth	—	+19%	-5%	+4%	—
Gross profit	CN¥198M	CN¥144M	CN¥166M	CN¥160M	CN¥161M
EBITDA	n/a	CN¥102M	CN¥112M	CN¥113M	CN¥120M
Net income	-CN¥31.4M	CN¥18.4M	CN¥33.1M	CN¥69.1M	CN¥64.8M
Free cash flow	-CN¥68.4M	-CN¥120M	-CN¥295M	-CN¥175M	-CN¥49.0M
Capital expenditure	CN¥148M	CN¥191M	CN¥388M	CN¥482M	CN¥129M
Total debt	CN¥573M	CN¥498M	CN¥130M	CN¥253M	CN¥224M

Quarterly statements and history in the cockpit →

Sanlux 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. Sanlux is the large dot.

Fundamentals: return on equity against price-to-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. Sanlux is the large dot.

Capital: ROE delivered against the ROE the price implies

Above the diagonal = the price asks for a higher return on equity than the business earns today. Sanlux is the large dot.

Sanlux competitors and peer comparison

How Sanlux 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.

Sanlux against its 20 peers (data as of 6 Nov 2026)
Measure	002224.SZ	Peer median	Rank in peer set
1-month return	-8.3%	-12.7%	7th highest of 21
6-month return	-21.5%	-21.5%	10th lowest of 20
Return on equity	-1.0%	3.9%	5th lowest of 21
Price / book	0.95×	2.02×	2nd cheapest of 21
ROE the price implies	5.4%	17.8%	2nd least demanding of 21
ROE delivered	-1.0%	3.8%	5th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
Sanlux 002224.SZ	China	$458M	-22%	+8%	-1%	0.95×	5.4%	-1.0%
Hubei Xiangyuan New Material Technology 300980.SZ	China	$461M	-52%	+15%	6%	2.10×	15.9%	5.5%
Indigo Paints INDIGOPNTS.NS	India	$462M	-1%	+12%	13%	3.69×	48.4%	13.3%
Matsumoto Yushiseiyaku 4365.T	Japan	$467M	+10%	-1%	10%	0.72×	4.2%	9.9%
Hangzhou Heshun Technology 301237.SZ	China	$471M	-41%	+23%	-13%	2.72×	29.8%	-12.7%
Shanghai Kinlita Chemical 300225.SZ	China	$472M	+7%	+20%	2%	3.73×	49.0%	2.0%
Sokan New Materials 688157.SS	China	$476M	-44%	-8%	0%	2.38×	19.5%	0.2%
SANVO Fine Chemicals 0301.HK	Hong Kong	$476M	+269%	+3%	-7%	15.94×	39.7%	-7.5%
Jiangsu Xiuqiang Glasswork 300160.SZ	China	$478M	-20%	-8%	4%	1.22×	7.8%	4.0%
Shanxi Huhua 003002.SZ	China	$482M	-52%	-4%	5%	1.50×	12.3%	5.2%
Praise Victor Industrial 7768.TW	Taiwan	$434M	n/a	+3%	13%	3.20×	20.5%	n/a
Essentra ESNT.L	United Kingdom	$430M	+37%	+7%	2%	1.20×	16.6%	2.0%
Hangzhou Toka Ink 688571.SS	China	$429M	-26%	+4%	6%	1.69×	13.4%	6.2%
Beijing Comens New Materials 300200.SZ	China	$491M	-24%	+20%	4%	1.91×	18.9%	4.2%
Kangda New Materials (Group) 002669.SZ	China	$498M	-18%	+23%	4%	1.16×	12.7%	3.8%
NanJing Sanchao Advanced Materials 300554.SZ	China	$508M	-27%	+6%	-24%	3.02×	33.5%	-23.7%
Shenzhen King Explorer Science & Technology 002917.SZ	China	$509M	-25%	+1%	8%	1.94×	8.9%	8.1%
Hunan Resun 001218.SZ	China	$408M	-27%	+37%	12%	1.07×	8.1%	11.6%
Aspen Aerogels ASPN	United States	$407M	-4%	-49%	-50%	2.12×	38.7%	-50.4%
Dongguan Changlian New Materials Technology 301618.SZ	China	$519M	-21%	+23%	3%	3.67×	46.1%	2.8%
Changchun Gas 600333.SS	China	$520M	-1%	+15%	1%	1.83×	12.6%	1.3%

Questions

Which companies are Sanlux's closest peers?: The cockpit's peer set: Hubei Xiangyuan New Material Technology (300980.SZ), Indigo Paints (INDIGOPNTS.NS), Matsumoto Yushiseiyaku (4365.T), Hangzhou Heshun Technology (301237.SZ), Shanghai Kinlita Chemical (300225.SZ), Sokan New Materials (688157.SS), SANVO Fine Chemicals (0301.HK), Jiangsu Xiuqiang Glasswork (300160.SZ).
Is Sanlux expensive compared with its peers?: On price / book it trades at 0.95× against a peer median of 2.02×, 2nd cheapest of 21 in its peer set. The share price implies a return on equity of about 5.4%; Sanlux delivers -1.0%, so the price asks more than the business earns today.
How has Sanlux stock performed?: Over six months to 6 Nov 2026 the shares returned -21.5% against -21.5% for the median peer; over one year -23.1%.