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Chinese maker of hygienic stainless-steel piping, fittings and equipment used in biopharma, food/beverage and semiconductor systems.
Chinese maker of hygienic stainless-steel piping, fittings and equipment used in biopharma, food/beverage and semiconductor systems.
Paid per order as customers build or expand plants, so revenue follows plant-building cycles at drug makers, food processors and chip factories. Its products are the stainless-steel tubing, fittings and skid systems that carry high-purity liquids inside those plants.
In one line: A Chinese sanitary/high-purity piping maker, akin to a smaller Swagelok/AdvantaPure.
Moat: narrow (process know-how, customer qualification). Qualified sanitary/high-purity manufacturing standards required by biopharma and semiconductor customers.
Headquarters: Kunshan, China · Employees: 3,181
Size Kunshan Kinglai Hygienic Materials (300260.SZ) is a China Industrials company (Industrial Machinery) with a market value of $3.61B, the 710th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥45.60 on 6 Nov 2026.
Performance Over six months the shares fell 11.9%, against -14.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 10.8% over the last twelve months (peer median +8.4%); the operating margin is 8.1% (peer median 9.8%).
Valuation It trades at 73.2× forward earnings against a peer median of 31.2× (3rd most expensive of 20).
Capital Return on invested capital runs 5.8 points below its cost of capital (12.4% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.26B | CN¥2.99B | CN¥2.84B | CN¥2.71B | CN¥2.62B |
| Revenue growth | — | +5% | +5% | +3% | — |
| Gross profit | CN¥914M | CN¥715M | CN¥703M | CN¥656M | CN¥749M |
| EBITDA | n/a | CN¥404M | CN¥447M | CN¥421M | CN¥545M |
| Net income | CN¥183M | CN¥175M | CN¥226M | CN¥236M | CN¥345M |
| Free cash flow | -CN¥494M | -CN¥210M | CN¥116M | -CN¥220M | -CN¥252M |
| Capital expenditure | CN¥533M | CN¥429M | CN¥310M | CN¥439M | CN¥227M |
| Total debt | CN¥2.84B | CN¥2.39B | CN¥2.13B | CN¥1.66B | CN¥1.22B |
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 |
|---|---|---|---|---|---|---|
| Kunshan Kinglai Hygienic Materials 300260.SZ | $3.61B | -12% | +11% | 8% | 73.2× | n/a |
| Georg Fischer GF.SW | $5.65B | +32% | -20% | 3% | 19.9× | 29.2% |
| Entegris ENTG | $19.6B | -14% | +9% | 19% | 23.7× | 26.3% |
| Alfa Laval ALFA.ST | $22.5B | 0% | +4% | 18% | 24.2× | 7.9% |
| GEA Group Aktiengesellschaft G1A.DE | $12.6B | +25% | +4% | 12% | 21.0× | 5.8% |
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 | 300260.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.5% | +1.9% | 10th lowest of 21 |
| 6-month return | -11.9% | -14.6% | 10th highest of 21 |
| Distance from 52-week high | -57.6% | -34.3% | 4th lowest of 21 |
| Revenue growth (TTM) | +10.8% | +8.4% | 9th highest of 21 |
| Operating margin | 8.1% | 9.8% | 10th lowest of 21 |
| Forward P/E | 73.2× | 31.2× | 3rd most expensive of 20 |
| ROIC minus cost of capital | -5.8 pp | +0.2 pp | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kunshan Kinglai Hygienic Materials 300260.SZ | China | $3.61B | -12% | +11% | 8% | 73.2× | n/a | n/a |
| Danieli & C. Officine Meccaniche DAN.MI | Italy | $3.60B | -24% | -8% | -6% | 13.5× | n/a | n/a |
| Haitian International 1882.HK | Hong Kong | $3.64B | -18% | +8% | 17% | 7.4× | -11.5% | +7.7% |
| Sumitomo Heavy Industries 6302.T | Japan | $3.64B | -10% | +9% | 6% | 13.0× | 6.3% | +4.3% |
| Estun Automation 002747.SZ | China | $3.65B | +30% | +8% | 4% | 104.6× | 48.2% | +14.3% |
| Zijin Longking 600388.SS | China | $3.70B | -6% | +13% | 11% | 17.4× | n/a | n/a |
| THK 6481.T | Japan | $3.52B | -16% | +8% | 7% | 10.6× | 24.8% | +1.9% |
| Anhui Yingliu Electromechanical 603308.SS | China | $3.50B | -58% | +38% | 13% | 42.0× | n/a | n/a |
| Mueller Water Products MWA | United States | $3.75B | -9% | +6% | 21% | 15.3× | 2.4% | +5.8% |
| Ningbo Zhenyu Technology 300953.SZ | China | $3.77B | -35% | +58% | 6% | 21.2× | n/a | n/a |
| Thermax THERMAX.NS | India | $3.46B | -34% | +5% | 6% | 43.6× | n/a | n/a |
| Kadant KAI | United States | $3.46B | -14% | +17% | 16% | 21.7× | 15.5% | +10.6% |
| Shenzhen Zhaowei Machinery & Electronics 003021.SZ | China | $3.45B | +6% | 0% | 9% | 124.4× | 46.0% | +7.5% |
| Blue Star BLUESTARCO.NS | India | $3.43B | -10% | +9% | 5% | 56.0× | n/a | n/a |
| Guangdong Shenling Environmental Systems 301018.SZ | China | $3.42B | -27% | +45% | 5% | 64.8× | n/a | n/a |
| Jiangsu Lettall Electronic 603629.SS | China | $3.41B | -40% | +27% | 34% | n/a | 4.8% | +15.0% |
| Aixtron AIXA.DE | Germany | $3.84B | -45% | -9% | 16% | 42.6× | 5.7% | +15.6% |
| Voltas VOLTAS.NS | India | $3.84B | -19% | +4% | 4% | 50.1× | n/a | n/a |
| Moon Environment Technology 000811.SZ | China | $3.34B | -10% | +27% | 10% | 25.8× | 20.9% | +11.8% |
| Kaori Heat Treatment 8996.TW | Taiwan | $3.34B | -1% | +108% | 16% | 42.6× | 46.0% | +25.9% |
| Avic Aviation High-Technology 600862.SS | China | $3.92B | -6% | -3% | 22% | 31.2× | 6.0% | +11.4% |