Loading…
Chinese chemical company based in Shandong; specific products and end markets not independently confirmed.
Chinese chemical company based in Shandong; specific products and end markets not independently confirmed.
Moat: none
Headquarters: Shandong, China · Employees: 973
Size Shandong Ruifeng Chemical (300243.SZ) is a China Materials company (Industrial Specialties) with a market value of $715M, the 3018th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥14.21 on 6 Nov 2026.
Performance Over six months the shares fell 19.4%, against -12.0% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 1.6% over the last twelve months (peer median +2.1%); the operating margin is 5.2% (peer median 6.2%).
Valuation It trades at 31.6× forward earnings against a peer median of 19.5× (4th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 35% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +27 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 6.5 points below its cost of capital (10.8% WACC).
Next results Next results expected around 20 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.06B | CN¥1.97B | CN¥2.00B | CN¥1.76B | CN¥1.83B |
| Revenue growth | — | -2% | +13% | -4% | — |
| Gross profit | CN¥324M | CN¥255M | CN¥252M | CN¥291M | CN¥287M |
| EBITDA | CN¥203M | CN¥172M | CN¥170M | CN¥154M | CN¥124M |
| Net income | CN¥78.5M | CN¥30.3M | CN¥22.1M | CN¥85.3M | CN¥61.1M |
| Free cash flow | CN¥65.9M | CN¥99.4M | -CN¥92.5M | -CN¥57.1M | -CN¥185M |
| Capital expenditure | CN¥38.8M | CN¥33.7M | CN¥69.3M | CN¥153M | CN¥176M |
| Total debt | CN¥570M | CN¥1.03B | CN¥996M | CN¥874M | CN¥834M |
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 | 300243.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -30.1% | -8.6% | 2nd lowest of 21 |
| 6-month return | -19.4% | -12.0% | 9th lowest of 21 |
| Distance from 52-week high | -43.1% | -42.2% | 11th highest of 21 |
| Revenue growth (TTM) | +1.6% | +2.1% | 11th highest of 21 |
| Operating margin | 5.2% | 6.2% | 10th lowest of 21 |
| Forward P/E | 31.6× | 19.5× | 4th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 35.4% | -0.8% | most demanding of 13 |
| Growth delivered (Del g) | +8.6% | +5.4% | 5th highest of 13 |
| Hurdle (Req g minus delivered) | +26.7 pp | -4.0 pp | 2nd most demanding of 13 |
| ROIC minus cost of capital | -6.5 pp | -2.8 pp | 6th lowest of 21 |
| EV / EBITDA | 24.9× | 6.6× | 2nd most expensive of 13 |
| Net debt / EBITDA | 1.4× | 0.9× | 6th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shandong Ruifeng Chemical 300243.SZ | China | $715M | -19% | +2% | 5% | 31.6× | 35.4% | +8.6% |
| Shanghai Xinpeng Industry 002328.SZ | China | $723M | -39% | -23% | 2% | n/a | 14.7% | -2.0% |
| Shenzhen Cotran Industrial Material 300731.SZ | China | $707M | -47% | -1% | -1% | 127.7× | n/a | n/a |
| Shanghai Smith Adhesive New Material 603683.SS | China | $706M | -43% | +19% | 4% | n/a | 33.2% | +16.0% |
| Kama KAMAHOLD.NS | India | $725M | -19% | +13% | 19% | n/a | -17.3% | +13.5% |
| Sakata Inx 4633.T | Japan | $732M | +8% | +9% | 6% | 10.7× | -4.0% | +9.8% |
| Chengdu Guibao Science and Technology 300019.SZ | China | $737M | -29% | +9% | 6% | 20.0× | n/a | n/a |
| Pizu 9893.HK | Hong Kong | $677M | -8% | -8% | 22% | n/a | n/a | n/a |
| Toyo Tanso 5310.T | Japan | $765M | -5% | -8% | 10% | 22.9× | n/a | n/a |
| SGL Carbon SGL.DE | Germany | $668M | +2% | -16% | 8% | 18.9× | 2.3% | -1.6% |
| Guangdong Silver Age Sci & Tech 300221.SZ | China | $667M | -16% | +7% | 7% | 26.3× | 27.7% | +6.0% |
| Jiangsu Canlon Building Materials 300715.SZ | China | $770M | -1% | +3% | -2% | 52.6× | 33.6% | +3.8% |
| Keshun Waterproof Technologies 300737.SZ | China | $656M | -41% | -12% | -8% | 34.2× | -15.7% | -0.6% |
| SP Group A/S SPG.CO | Denmark | $788M | +17% | +18% | 14% | 13.5× | -6.2% | +6.2% |
| Central Glass 4044.T | Japan | $648M | 0% | +4% | 8% | 10.6× | -6.5% | -5.4% |
| Mativ MATV | United States | $646M | +27% | +1% | 4% | 11.0× | 6.2% | +13.0% |
| Rain Industries RAIN.NS | India | $645M | +35% | +17% | 10% | 12.4× | n/a | n/a |
| Konishi 4956.T | Japan | $643M | +9% | +7% | 9% | 12.3× | -10.1% | +4.9% |
| Shanghai Yaohua Pilkington Glass 600819.SS | China | $643M | -24% | 0% | 2% | 30.7× | n/a | n/a |
| Jiangxi Black Cat Carbon Black 002068.SZ | China | $795M | -22% | +1% | -4% | 30.8× | n/a | n/a |
| Jiangsu Favored Nanotechnology 688371.SS | China | $797M | -34% | -7% | -29% | 18.1× | n/a | n/a |