Loading…
Chinese custom-synthesis chemical company producing agrochemical and pharmaceutical intermediates for global crop-protection and drug companies.
Chinese custom-synthesis chemical company producing agrochemical and pharmaceutical intermediates for global crop-protection and drug companies.
In one line: A Chinese contract chemical manufacturer akin to Lonza's fine-chemicals business.
Moat: narrow (customer qualification, process know-how). Long-term custom-synthesis contracts with global agrochemical majors require regulatory and process qualification.
Headquarters: Taizhou, China · Employees: 5,936
Size Lianhe Chemical Technology (002250.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $1.90B, the 1323rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.98 on 6 Nov 2026.
Performance Over six months the shares fell 15.5%, against -28.3% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 20 in its peer set.
Growth Revenue grew 28.4% over the last twelve months (peer median +17.1%); the operating margin is 13.4% (peer median 7.1%).
Valuation It trades at 19.7× forward earnings against a peer median of 14.7× (8th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.1 points above its cost of capital (6.2% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥7.73B | CN¥6.42B | CN¥5.63B | CN¥6.38B | CN¥7.85B |
| Revenue growth | — | +14% | -12% | -19% | — |
| Gross profit | CN¥2.83B | CN¥1.51B | CN¥1.28B | CN¥1.08B | CN¥1.92B |
| EBITDA | n/a | CN¥1.35B | CN¥1.13B | CN¥759M | CN¥1.34B |
| Net income | CN¥573M | CN¥362M | CN¥103M | -CN¥465M | CN¥697M |
| Free cash flow | CN¥782M | CN¥712M | CN¥659M | CN¥22.3M | -CN¥1.09B |
| Capital expenditure | CN¥587M | CN¥423M | CN¥580M | CN¥1.06B | CN¥1.73B |
| Total debt | CN¥4.44B | CN¥4.13B | CN¥4.80B | CN¥4.83B | CN¥4.84B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Lianhe Chemical Technology 002250.SZ | $1.90B | -16% | +28% | 13% | 19.7× | -3.4% |
| Jiangsu Yangnong Chemical 600486.SS | $3.42B | -22% | +3% | 13% | 16.2× | 0.8% |
| Lonza LONN.SW | $55.4B | +39% | -11% | 25% | 36.1× | 15.0% |
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.
| Measure | 002250.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.1% | -13.3% | 5th highest of 21 |
| 6-month return | -15.5% | -28.3% | 6th highest of 20 |
| Distance from 52-week high | -27.8% | -54.0% | 5th highest of 21 |
| Revenue growth (TTM) | +28.4% | +17.1% | 5th highest of 20 |
| Operating margin | 13.4% | 7.1% | 5th highest of 21 |
| Forward P/E | 19.7× | 14.7× | 8th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | -3.4% | 10.1% | 2nd least demanding of 11 |
| Growth delivered (Del g) | +6.1% | +6.0% | 6th highest of 11 |
| Hurdle (Req g minus delivered) | -9.5 pp | +8.7 pp | 3rd least demanding of 11 |
| ROIC minus cost of capital | +5.1 pp | -1.4 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Lianhe Chemical Technology 002250.SZ | China | $1.90B | -16% | +28% | 13% | 19.7× | -3.4% | +6.1% |
| Standard Nuclear STDN | United States | $1.90B | n/a | n/a | -288% | n/a | n/a | n/a |
| Garware Hi-Tech Films GRWRHITECH.NS | India | $1.88B | +40% | +15% | 21% | 37.7× | 38.8% | +16.6% |
| Lily 603823.SS | China | $1.91B | +85% | +2% | 10% | 58.1× | 27.9% | +1.4% |
| Minerals Technologies MTX | United States | $1.91B | -22% | +5% | 13% | 9.8× | 0.5% | +5.4% |
| Verbio VBK.DE | Germany | $1.88B | -37% | +19% | 5% | 13.2× | 1.1% | +12.8% |
| Guangdong Huate Gas 688268.SS | China | $1.92B | -47% | +27% | 13% | 56.1× | 35.6% | +7.2% |
| Chemours CC | United States | $1.92B | -45% | -1% | 3% | 8.2× | 16.1% | +3.2% |
| Inner Mongolia Shuangxin Environment-Friendly Material 001369.SZ | China | $1.87B | -28% | +3% | 15% | n/a | n/a | n/a |
| Zibo Qixiang Tengda Chemical 002408.SZ | China | $1.87B | -33% | +18% | -1% | 220.0× | 3.7% | -0.8% |
| Transfar Zhilian 002010.SZ | China | $1.87B | -21% | -30% | 5% | 16.1× | n/a | n/a |
| Ube 4208.T | Japan | $1.94B | +33% | +3% | 4% | 12.0× | n/a | n/a |
| Ganzhou Teng Yuan Cobalt New Material 301219.SZ | China | $1.85B | -53% | +64% | 10% | 12.5× | n/a | n/a |
| Jiangsu Lopal Tech 603906.SS | China | $1.82B | -54% | +96% | 7% | 14.7× | n/a | n/a |
| Fuso Chemical 4368.T | Japan | $1.79B | -19% | +17% | 26% | 13.1× | 8.4% | +12.8% |
| Dongyue 0189.HK | Hong Kong | $2.04B | -28% | +8% | 19% | 5.6× | -12.4% | +6.6% |
| Ningbo Ronbay New Energy Technology 688005.SS | China | $2.05B | -45% | +41% | 1% | 37.8× | n/a | n/a |
| Crystal Clear Electronic Material 300655.SZ | China | $1.75B | -25% | +27% | 7% | 78.2× | n/a | n/a |
| Tangshan SunFar Silicon Industries 603938.SS | China | $1.72B | +6% | +30% | 8% | 42.8× | n/a | n/a |
| Shaanxi Beiyuan Chemical Industry 601568.SS | China | $2.11B | -9% | -8% | -4% | 11.8× | 11.8% | -1.8% |
| SKC 011790.KS | South Korea | $2.14B | -46% | +24% | -9% | n/a | n/a | n/a |