Loading…
← CockpitCompetitor Analysis › 003002.SZ Shanxi Huhua Group Co., Ltd. Class AOpen in the cockpit ↗

Shanxi Huhua Group Co., Ltd. Class A003002.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Industrial Specialties
Momentum laggard 5
Mkt cap
$482M
US dollars, full cap
$/day
$8.81M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.5 pp
WACC 8.3%
Hurdle
-7 pp
Req g minus delivered
Close · CNYCN¥13.23
1D-2.6%
1W+6.1%
1M-14.9%
3M-19.5%
6M-52.1%
YTD-59.1%
1Y-49.1%
ATR %5.3%
52w lowhigh60.5% off high

What Shanxi Huhua does

Employees: 2,169

Shanxi Huhua at a glance

Size Shanxi Huhua (003002.SZ) is a China Materials company (Industrial Specialties) with a market value of $482M, the 3940th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.23 on 6 Nov 2026.

Performance Over six months the shares fell 52.1%, against -20.0% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 20 in its peer set.

Growth Revenue fell 3.9% over the last twelve months (peer median +9.3%); the operating margin is 6.0% (peer median 4.0%).

Valuation It trades at 2.2× enterprise value to sales against a peer median of 2.4× (8th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -7 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.5 points below its cost of capital (8.3% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 79003002.SZ 49
Six months, rebased to 100: Shanxi Huhua against the median of its 20 peers (local-currency closes).

Shanxi Huhua financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.24BCN¥1.30BCN¥1.10BCN¥1.31BCN¥959M
Revenue growth—+19%-16%+36%—
Gross profitCN¥437MCN¥467MCN¥409MCN¥490MCN¥339M
EBITDAn/aCN¥266MCN¥207MCN¥287MCN¥174M
Net incomeCN¥94.7MCN¥172MCN¥140MCN¥205MCN¥121M
Free cash flowCN¥122MCN¥83.3MCN¥45.4MCN¥99.7MCN¥120M
Capital expenditureCN¥49.8MCN¥40.2MCN¥139MCN¥78.2MCN¥102M
Total debtCN¥142MCN¥189MCN¥30.6MCN¥19.4MCN¥47.9M

Quarterly statements and history in the cockpit →

Shanxi Huhua 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

0%+100%+200%-20%0%30016003016881573002253012374365002669INDIGOPNTS300980002224002917600333017960ESNT603928003002.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Shanxi Huhua is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%2×4×6×30016003016881573002003002253012374365002669INDIGOPNTS3009800022243005540029173016186003336036810179607768ESNT603928003002.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shanxi Huhua is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%300160300225INDIGOPNTS300980002917301618600333603681017960ESNT603928003002.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Shanxi Huhua is the large dot.

Shanxi Huhua competitors and peer comparison

How Shanxi Huhua 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.

Shanxi Huhua against its 20 peers (data as of 6 Nov 2026)
Measure003002.SZPeer medianRank in peer set
1-month return-14.9%-12.0%9th lowest of 21
6-month return-52.1%-20.0%2nd lowest of 20
Distance from 52-week high-60.5%-44.2%2nd lowest of 21
Revenue growth (TTM)-3.9%+9.3%3rd lowest of 21
Operating margin6.0%4.0%9th highest of 21
EV / Sales2.2×2.4×8th cheapest of 21
Growth the price implies (Req g, 7 yrs)12.0%21.2%4th least demanding of 12
Growth delivered (Del g)+18.8%+9.6%3rd highest of 12
Hurdle (Req g minus delivered)-6.8 pp+11.6 pp3rd least demanding of 12
ROIC minus cost of capital-2.5 pp-3.8 pp9th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Shanxi Huhua 003002.SZChina$482M-52%-4%6%2.2×12.0%+18.8%
Jiangsu Xiuqiang Glasswork 300160.SZChina$478M-20%-8%7%1.4×1.7%+5.3%
SANVO Fine Chemicals 0301.HKHong Kong$476M+269%+3%-3%3.5×n/an/a
Sokan New Materials 688157.SSChina$476M-44%-8%-3%4.7×n/an/a
Beijing Comens New Materials 300200.SZChina$491M-24%+20%4%2.4×n/an/a
Shanghai Kinlita Chemical 300225.SZChina$472M+7%+20%2%3.2×48.9%-2.0%
Hangzhou Heshun Technology 301237.SZChina$471M-41%+23%-20%5.0×n/an/a
Matsumoto Yushiseiyaku 4365.TJapan$467M+10%-1%20%0.5×n/an/a
Kangda New Materials (Group) 002669.SZChina$498M-18%+23%3%1.2×n/an/a
Indigo Paints INDIGOPNTS.NSIndia$462M-1%+12%13%2.7×27.6%+14.2%
Hubei Xiangyuan New Material Technology 300980.SZChina$461M-52%+15%5%4.3×21.6%+13.8%
Sanlux 002224.SZChina$458M-22%+8%-4%2.2×n/an/a
NanJing Sanchao Advanced Materials 300554.SZChina$508M-27%+6%-51%12.4×n/an/a
Shenzhen King Explorer Science & Technology 002917.SZChina$509M-25%+1%11%2.2×-1.1%+22.8%
Dongguan Changlian New Materials Technology 301618.SZChina$519M-21%+23%4%5.0×48.7%+3.2%
Changchun Gas 600333.SSChina$520M-1%+15%4%2.4×21.2%+9.6%
Shanghai Yongguan Adhesive Products 603681.SSChina$520M-20%+7%1%0.8×28.1%+22.6%
HankukCarbon 017960.KSSouth Korea$526M-71%+11%18%0.6×-20.0%+17.2%
Praise Victor Industrial 7768.TWTaiwan$434Mn/a+3%16%6.2×n/an/a
Essentra ESNT.LUnited Kingdom$430M+37%+7%8%1.3×18.7%-19.6%
Suzhou Xingye Materials Technology 603928.SSChina$540M-14%+15%7%2.1×17.2%+1.8%

Questions

Which companies are Shanxi Huhua's closest peers?
The cockpit's peer set: Jiangsu Xiuqiang Glasswork (300160.SZ), SANVO Fine Chemicals (0301.HK), Sokan New Materials (688157.SS), Beijing Comens New Materials (300200.SZ), Shanghai Kinlita Chemical (300225.SZ), Hangzhou Heshun Technology (301237.SZ), Matsumoto Yushiseiyaku (4365.T), Kangda New Materials (Group) (002669.SZ).
Is Shanxi Huhua expensive compared with its peers?
On ev / sales it trades at 2.2× against a peer median of 2.4×, 8th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -7 pp: the price already allows for a slowdown.
How has Shanxi Huhua stock performed?
Over six months to 6 Nov 2026 the shares returned -52.1% against -20.0% for the median peer; over one year -49.1%.

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.