Loading…
Chinese maker of civil explosives (blasting materials) for mining and infrastructure projects, based in Tibet.
Chinese maker of civil explosives (blasting materials) for mining and infrastructure projects, based in Tibet.
Sells explosives for use by mines and construction projects, and licensing rules in China tightly limit who may make and sell them, so each producer tends to dominate its home region. Demand follows mining output and infrastructure construction in the regions it serves.
Moat: narrow (regulatory licence). Civil explosives production and distribution require government safety licences that limit new entrants.
Headquarters: Lhasa, China · Employees: 1,518
Size Xizang Gaozheng Civil Explosives (002827.SZ) is a China Materials company (Industrial Specialties) with a market value of $2.53B, the 1020th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥60.99 on 6 Nov 2026.
Performance Over six months the shares gained 91.8%, against +3.8% for the median peer and -16.4% for the China market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue fell 1.4% over the last twelve months (peer median +14.2%); the operating margin is 11.6% (peer median 13.3%).
Valuation It trades at 108.9× forward earnings against a peer median of 33.9× (2nd most expensive of 16).
Capital Return on invested capital runs 1.9 points above its cost of capital (5.5% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.76B | CN¥1.82B | CN¥1.69B | CN¥1.55B | CN¥1.13B |
| Revenue growth | — | +8% | +9% | +37% | — |
| Gross profit | CN¥557M | CN¥521M | CN¥483M | CN¥452M | CN¥291M |
| EBITDA | n/a | CN¥323M | CN¥301M | CN¥243M | CN¥166M |
| Net income | CN¥153M | CN¥198M | CN¥148M | CN¥97.8M | CN¥53.4M |
| Free cash flow | -CN¥7.45M | CN¥129M | -CN¥29.8M | -CN¥1.73M | -CN¥91.5M |
| Capital expenditure | CN¥38.7M | CN¥70.6M | CN¥30.0M | CN¥56.0M | CN¥45.4M |
| Total debt | CN¥1.56B | CN¥1.09B | CN¥1.05B | CN¥1.14B | CN¥751M |
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 |
|---|---|---|---|---|---|---|
| Xizang Gaozheng Civil Explosives 002827.SZ | $2.53B | +92% | -1% | 12% | 108.9× | n/a |
| Anhui Jiangnan Chemical Industry 002226.SZ | $2.07B | -3% | +13% | 11% | 16.8× | -3.0% |
| Explosive 002096.SZ | $1.74B | -14% | -3% | 9% | 12.8× | -2.5% |
| Guangdong Hongda 002683.SZ | $3.86B | -7% | +15% | 10% | 23.7× | 4.9% |
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 | 002827.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -23.2% | -15.1% | 3rd lowest of 21 |
| 6-month return | +91.8% | +3.8% | highest of 20 |
| Distance from 52-week high | -23.7% | -35.2% | 4th highest of 21 |
| Revenue growth (TTM) | -1.4% | +14.2% | 2nd lowest of 21 |
| Operating margin | 11.6% | 13.3% | 11th highest of 21 |
| Forward P/E | 108.9× | 33.9× | 2nd most expensive of 16 |
| ROIC minus cost of capital | +1.9 pp | -0.1 pp | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Xizang Gaozheng Civil Explosives 002827.SZ | China | $2.53B | +92% | -1% | 12% | 108.9× | n/a | n/a |
| Shaanxi Huaqin Technology Industry 688281.SS | China | $2.50B | -18% | +31% | 15% | 34.7× | 27.5% | +24.7% |
| Quanzhou Jiadeli Electronic Materials 603435.SS | China | $2.49B | n/a | +4% | 38% | n/a | n/a | n/a |
| Sichuan Yahua Industrial 002497.SZ | China | $2.48B | -56% | +69% | 18% | 6.2× | n/a | n/a |
| Shenzhen Leading Semiconductor Industry 603991.SS | China | $2.60B | +12% | +996% | 10% | n/a | 21.7% | +12.0% |
| Pamica Technology 001359.SZ | China | $2.41B | -1% | +23% | 23% | 36.2× | 38.0% | +12.1% |
| DIC 4631.T | Japan | $2.68B | +25% | +6% | 7% | 9.3× | -1.0% | +8.5% |
| H.B. Fuller FUL | United States | $2.68B | -19% | +1% | 11% | 9.5× | 3.5% | +4.5% |
| GCL Technology 3800.HK | Hong Kong | $2.71B | -30% | +25% | -22% | n/a | n/a | n/a |
| UFP Technologies UFPT | United States | $2.35B | +32% | +9% | 15% | 28.3× | 17.8% | +27.4% |
| Zeon 4205.T | Japan | $2.34B | +6% | +4% | 11% | 9.1× | -1.5% | +6.4% |
| Jiangsu Pacific Quartz 603688.SS | China | $2.78B | -38% | +15% | 10% | 82.1× | n/a | n/a |
| Henan Huanghe Whirlwind 600172.SS | China | $2.27B | +29% | +13% | -30% | n/a | n/a | n/a |
| Grindwell Norton GRINDWELL.NS | India | $2.25B | +16% | +14% | 16% | 39.5× | 37.8% | +13.4% |
| Flat Glass 6865.HK | Hong Kong | $2.87B | -40% | -20% | -2% | n/a | 11.2% | +19.1% |
| Jiangsu Shemar Electric 603530.SS | China | $2.23B | -44% | +17% | 29% | 26.2× | 23.4% | +21.1% |
| Zhejiang Fulai New Material 605488.SS | China | $2.21B | +47% | +19% | 2% | 134.6× | 31.8% | +17.6% |
| WD-40 WDFC | United States | $2.97B | +6% | +11% | 16% | 33.9× | 2.2% | +7.1% |
| Himadri Speciality Chemical HSCL.NS | India | $3.04B | -8% | +25% | 20% | 31.9× | n/a | n/a |
| Kinik 1560.TW | Taiwan | $3.04B | +17% | +19% | 19% | 35.7× | 34.8% | +9.6% |
| Carborundum Universal CARBORUNIV.NS | India | $2.10B | +4% | +12% | 7% | 44.5× | 43.4% | +14.6% |