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Employees: 1,466
Size China Sanjiang Fine Chemicals (2198.HK) is a Hong Kong Materials company (Chemicals: Major Diversified) with a market value of $492M, the 755th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$3.29 on 6 Nov 2026.
Performance Over six months the shares fell 36.9%, against -14.1% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 0.9% over the last twelve months (peer median +5.1%); the operating margin is 6.5% (peer median 8.8%).
Valuation It trades at 0.7× enterprise value to sales against a peer median of 2.2× (2nd cheapest of 21).
Capital Return on invested capital runs 1.3 points above its cost of capital (5.3% WACC).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$21.2B | HK$20.0B | HK$21.2B | HK$14.5B | HK$10.3B |
| Revenue growth | — | -6% | +46% | +41% | — |
| Gross profit | HK$1.60B | HK$905M | HK$1.13B | HK$136M | -HK$143M |
| EBITDA | HK$2.60B | HK$2.02B | HK$2.09B | HK$596M | HK$322M |
| Net income | HK$864M | HK$442M | HK$577M | HK$101M | -HK$358M |
| Free cash flow | n/a | -HK$1.12B | -HK$788M | -HK$1.72B | -HK$4.17B |
| Capital expenditure | n/a | HK$1.72B | HK$1.58B | HK$1.29B | HK$3.04B |
| Total debt | n/a | HK$13.2B | HK$11.7B | HK$11.3B | HK$11.8B |
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.
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 | 2198.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.0% | -7.9% | 9th lowest of 21 |
| 6-month return | -36.9% | -14.1% | 3rd lowest of 20 |
| Distance from 52-week high | -44.2% | -32.6% | 6th lowest of 21 |
| Revenue growth (TTM) | +0.9% | +5.1% | 8th lowest of 21 |
| Operating margin | 6.5% | 8.8% | 9th lowest of 21 |
| EV / Sales | 0.7× | 2.2× | 2nd cheapest of 21 |
| ROIC minus cost of capital | +1.3 pp | +0.1 pp | 9th highest of 21 |
| EV / EBITDA | 5.6× | 13.2× | 3rd cheapest of 11 |
| Net debt / EBITDA | 4.0× | -0.5× | most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Sanjiang Fine Chemicals 2198.HK | Hong Kong | $492M | -37% | +1% | 7% | 0.7× | n/a | n/a |
| Anhui Huaertai Chemical 001217.SZ | China | $489M | -18% | +13% | -3% | 1.6× | n/a | n/a |
| China Steel Chemical 1723.TW | Taiwan | $496M | -9% | +8% | 12% | 2.6× | 4.1% | +1.6% |
| Yingkou Fengguang Advanced Material 301100.SZ | China | $486M | -14% | -15% | -4% | 2.9× | n/a | n/a |
| Prasol Chemicals PRASOLCHEM.NS | India | $484M | n/a | +22% | 10% | 3.8× | 24.3% | +15.8% |
| Shanghai Chemspec 688602.SS | China | $476M | -23% | -10% | -28% | 3.4× | n/a | n/a |
| Foseco India FOSECOIND.NS | India | $475M | +20% | +32% | 18% | 5.4× | 29.0% | +20.7% |
| Shandong Rike Chemical 300214.SZ | China | $514M | -5% | -6% | 2% | 1.3× | 8.3% | +10.5% |
| Miwon Sc 268280.KS | South Korea | $468M | +8% | +7% | 15% | 0.9× | -15.8% | +7.4% |
| Jiangsu Kuangshun Photosensitivity New Material Stock 300537.SZ | China | $536M | -24% | +4% | 4% | 6.7× | 58.4% | -8.5% |
| Soken Chemical & Engineering 4972.T | Japan | $451M | +27% | +4% | 13% | 1.2× | -2.3% | +8.8% |
| Archean Chemical Industries ACI.NS | India | $544M | -33% | +6% | 12% | 4.8× | n/a | n/a |
| Zhejiang Weihua New Material 603310.SS | China | $442M | -19% | +26% | 2% | 1.9× | n/a | n/a |
| Nanjing Well Pharmaceutical 603351.SS | China | $548M | -1% | +9% | 13% | 2.8× | 9.7% | +12.7% |
| Beijing WBD New Materials 300055.SZ | China | $549M | -59% | +13% | -9% | 1.8× | n/a | n/a |
| MiwonComcl 002840.KS | South Korea | $441M | -9% | +7% | 11% | 1.2× | -4.3% | +8.4% |
| China Sunsine Chemical QES.SI | Singapore | $441M | -10% | +4% | 14% | 0.2× | n/a | n/a |
| Hubei Kailong Chemical 002783.SZ | China | $554M | -17% | -2% | 8% | 1.8× | -2.4% | +12.0% |
| Ningxia Yinglite Chemicals 000635.SZ | China | $562M | +17% | -14% | -48% | 2.8× | n/a | n/a |
| China Catalyst 688267.SS | China | $578M | -27% | -3% | 18% | 3.7× | n/a | n/a |
| Shandong Taihe Technologies 300801.SZ | China | $589M | -41% | -2% | 7% | 1.2× | 5.3% | +12.9% |