Loading…
Employees: 507
Size Jiangsu Kuangshun Photosensitivity New Material Stock (300537.SZ) is a China Materials company (Chemicals: Major Diversified) with a market value of $536M, the 3696th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥17.21 on 6 Nov 2026.
Performance Over six months the shares fell 23.6%, against -17.0% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 4.1% over the last twelve months (peer median +5.1%); the operating margin is 4.1% (peer median 6.6%).
Valuation It trades at 122.9× forward earnings against a peer median of 21.9× (2nd most expensive of 7).
Price implies For today's price to make sense, revenue must grow about 58% a year for seven years (Req g). Recent delivered growth is -8%, so the hurdle is +67 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 9.1 points below its cost of capital (11.2% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥511M | CN¥480M | CN¥516M | CN¥508M | CN¥492M |
| Revenue growth | — | -7% | +2% | +3% | — |
| Gross profit | CN¥149M | CN¥142M | CN¥177M | CN¥159M | CN¥96.7M |
| EBITDA | CN¥61.9M | CN¥64.3M | CN¥85.4M | CN¥64.0M | -CN¥4.42M |
| Net income | CN¥15.0M | CN¥13.7M | -CN¥32.1M | CN¥6.90M | -CN¥32.0M |
| Free cash flow | CN¥52.0M | CN¥50.9M | -CN¥54.9M | -CN¥31.7M | -CN¥9.61M |
| Capital expenditure | CN¥16.3M | CN¥14.0M | CN¥17.7M | CN¥58.8M | CN¥102M |
| Total debt | CN¥86.0M | CN¥160M | CN¥226M | CN¥293M | CN¥330M |
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 | 300537.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.7% | -9.6% | 11th highest of 21 |
| 6-month return | -23.6% | -17.0% | 7th lowest of 20 |
| Distance from 52-week high | -52.8% | -36.3% | 3rd lowest of 21 |
| Revenue growth (TTM) | +4.1% | +5.1% | 10th lowest of 21 |
| Operating margin | 4.1% | 6.6% | 8th lowest of 21 |
| Forward P/E | 122.9× | 21.9× | 2nd most expensive of 7 |
| Growth the price implies (Req g, 7 yrs) | 58.4% | 8.3% | most demanding of 12 |
| Growth delivered (Del g) | -8.5% | +12.0% | lowest of 12 |
| Hurdle (Req g minus delivered) | +66.9 pp | -2.2 pp | most demanding of 12 |
| ROIC minus cost of capital | -9.1 pp | -0.1 pp | 5th lowest of 21 |
| EV / EBITDA | 55.4× | 13.9× | most expensive of 8 |
| Net debt / EBITDA | -2.6× | 0.7× | least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Kuangshun Photosensitivity New Material Stock 300537.SZ | China | $536M | -24% | +4% | 4% | 122.9× | 58.4% | -8.5% |
| Archean Chemical Industries ACI.NS | India | $544M | -33% | +6% | 12% | 25.5× | n/a | n/a |
| Nanjing Well Pharmaceutical 603351.SS | China | $548M | -1% | +9% | 13% | n/a | 9.7% | +12.7% |
| Beijing WBD New Materials 300055.SZ | China | $549M | -59% | +13% | -9% | n/a | n/a | n/a |
| Hubei Kailong Chemical 002783.SZ | China | $554M | -17% | -2% | 8% | n/a | -2.4% | +12.0% |
| Shandong Rike Chemical 300214.SZ | China | $514M | -5% | -6% | 2% | 254.7× | 8.3% | +10.5% |
| Ningxia Yinglite Chemicals 000635.SZ | China | $562M | +17% | -14% | -48% | n/a | n/a | n/a |
| China Catalyst 688267.SS | China | $578M | -27% | -3% | 18% | 16.0× | n/a | n/a |
| China Steel Chemical 1723.TW | Taiwan | $496M | -9% | +8% | 12% | 19.3× | 4.1% | +1.6% |
| China Sanjiang Fine Chemicals 2198.HK | Hong Kong | $492M | -37% | +1% | 7% | n/a | n/a | n/a |
| Anhui Huaertai Chemical 001217.SZ | China | $489M | -18% | +13% | -3% | n/a | n/a | n/a |
| Shandong Taihe Technologies 300801.SZ | China | $589M | -41% | -2% | 7% | n/a | 5.3% | +12.9% |
| Yingkou Fengguang Advanced Material 301100.SZ | China | $486M | -14% | -15% | -4% | n/a | n/a | n/a |
| Prasol Chemicals PRASOLCHEM.NS | India | $484M | n/a | +22% | 10% | n/a | 24.3% | +15.8% |
| Zhejiang Dragon Technology 603004.SS | China | $597M | -18% | -11% | 16% | 19.1× | 16.4% | +1.7% |
| Shanghai Chemspec 688602.SS | China | $476M | -23% | -10% | -28% | n/a | n/a | n/a |
| Foseco India FOSECOIND.NS | India | $475M | +20% | +32% | 18% | n/a | 29.0% | +20.7% |
| Ningbo Bohui Chemical Technology 300839.SZ | China | $606M | -4% | +42% | 4% | 24.6× | 3.2% | +23.1% |
| Miwon Sc 268280.KS | South Korea | $468M | +8% | +7% | 15% | n/a | -15.8% | +7.4% |
| Hunan Lead Power Technology 300530.SZ | China | $621M | +2% | +16% | -61% | n/a | n/a | n/a |
| Hunan Xiangtou Goldsky Titanium Industry Technology 688750.SS | China | $629M | -27% | +4% | 6% | n/a | 30.5% | -4.3% |