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← CockpitCompetitor Analysis › 300700.SZ Changsha Dialine New Material Sci.&Tech. Co., Ltd. Class AOpen in the cockpit ↗

Changsha Dialine New Material Sci.&Tech. Co., Ltd. Class A300700.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Other Metals/Minerals

Changsha-based maker of diamond and superhard-material cutting/grinding tools.

Momentum strong 65
Mkt cap
$903M
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$15.8M
20-day average traded
P/B
7.79×
price to book
ROE
-13.2%
delivered
Implied ROE
93.4%
what the price asks
Close · CNYCN¥15.16
1D-1.4%
1W+3.8%
1M-6.9%
3M-3.9%
6M-12.7%
YTD+22.8%
1Y+29.8%
ATR %6.0%
52w lowhigh40.1% off high

What Changsha Dialine New Material Sci.&Tech does

Changsha-based maker of diamond and superhard-material cutting/grinding tools.

Products and services

  • Diamond saw blades/tools

Customers

  • Stone, construction and machining tool users

Where it sits in the supply chain

  • Materials
  • Superhard materials
  • Diamond tools

What could go right

  • Construction/stone-processing tool demand

What could go wrong

  • Price competition in commodity diamond tools

Moat: narrow (process know-how). Diamond tool formulation and bonding know-how versus generic tool makers.

Headquarters: Changsha, Hunan, China · Employees: 937

Named competitors

Changsha Dialine New Material Sci.&Tech at a glance

Size Changsha Dialine New Material Sci.&Tech (300700.SZ) is a China Materials company (Other Metals/Minerals) with a market value of $903M, the 2512th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥15.16 on 6 Nov 2026.

Performance Over six months the shares fell 12.7%, against -16.1% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 20 in its peer set.

Growth Revenue grew 13.8% over the last twelve months (peer median +40.6%); the operating margin is -22.8% (peer median 7.4%).

Valuation It trades at 7.79× book value against a peer median of 2.94× (3rd most expensive of 19).

Price implies The share price implies a return on equity of about 93.4%; Changsha Dialine New Material Sci.&Tech delivers -13.2%, so the price asks more than the business earns today.

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026300700.SZ 85Peer median 81
Six months, rebased to 100: Changsha Dialine New Material Sci.&Tech against the median of its 20 peers (local-currency closes).

Changsha Dialine New Material Sci.&Tech financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥469MCN¥450MCN¥359MCN¥845MCN¥641M
Revenue growth—+25%-58%+32%—
Gross profitCN¥143M-CN¥4.79M-CN¥33.1MCN¥298MCN¥218M
EBITDAn/a-CN¥66.4M-CN¥40.0MCN¥194MCN¥165M
Net income-CN¥108M-CN¥193M-CN¥244MCN¥112MCN¥91.0M
Free cash flow-CN¥70.2M-CN¥108MCN¥163M-CN¥54.8M-CN¥95.8M
Capital expenditureCN¥1.68MCN¥32.5MCN¥29.0MCN¥87.5MCN¥111M
Total debtCN¥610MCN¥664MCN¥499MCN¥509MCN¥568M

Quarterly statements and history in the cockpit →

Changsha Dialine New Material Sci.&Tech 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

-50%0%+50%-25%0%+25%ARGOMSANDUMAMLX603595TLO002088AMG6033992362TMC300697688456USAJAINRECZIMIIIMIDHANI300700.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Changsha Dialine New Material Sci.&Tech is the large dot.

Fundamentals: return on equity against price-to-book

-200%-100%0%00×100×200×ARGOMSANDUMAMLX603595002088AMG2362USAJAINREC300700.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Changsha Dialine New Material Sci.&Tech is the large dot.

Capital: ROE delivered against the ROE the price implies

-200%-100%0%100%-200%-100%0%100%ARGOMSANDUMAMLX603595AMG603399USA300700.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Changsha Dialine New Material Sci.&Tech is the large dot.

Changsha Dialine New Material Sci.&Tech competitors and peer comparison

Head to head with its named competitors (300700.SZ vs 301071.SZ vs 002401.SZ)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Changsha Dialine New Material Sci.&Tech 300700.SZ$903M-13%+14%-13%7.79×93.4%
Henan Liliang Diamond 301071.SZ$2.03B-2%+73%5%2.50×28.9%
COSCO SHIPPING Technology 002401.SZ$646M-16%-4%3%2.64×22.4%

How Changsha Dialine New Material Sci.&Tech 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.

Changsha Dialine New Material Sci.&Tech against its 20 peers (data as of 6 Nov 2026)
Measure300700.SZPeer medianRank in peer set
1-month return-6.9%-17.4%6th highest of 21
6-month return-12.7%-16.1%9th highest of 20
Return on equity-13.2%7.3%4th lowest of 20
Price / book7.79×2.94×3rd most expensive of 19
ROE the price implies93.4%31.0%2nd most demanding of 19
ROE delivered-13.2%5.5%4th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Changsha Dialine New Material Sci.&Tech 300700.SZChina$903M-13%+14%-13%7.79×93.4%-13.2%
Amerigo Resources ARG.TOCanada$910M+24%+54%77%10.81×126.7%76.6%
Osisko Metals OM.TOCanada$911M-16%n/a-194%27.45×75.0%-194.4%
Sandur Manganese & Iron Ores SANDUMA.NSIndia$914M-18%+21%25%2.33×47.7%25.4%
Metals X MLX.AXAustralia$934M-11%+26%28%2.12×16.7%27.9%
Zhejiang Tony Electronic 603595.SSChina$960M+52%+5%4%3.87×27.9%3.8%
Talon Metals TLO.TOCanada$839M+3%n/a1%2.17×21.9%0.9%
Luyang Energy-Saving Materials 002088.SZChina$837M+12%-21%-3%2.38×18.9%-3.2%
AMG Critical Materials AMG.ASNetherlands$988M-41%+12%1%1.23×9.4%0.8%
IMC Rare Earths IMCUnited States$824Mn/an/an/an/an/an/a
Jinzhou Yongshan Lithium 603399.SSChina$821M-45%+50%-8%3.51×35.1%-7.8%
Jinchuan Group International Resources 2362.HKHong Kong$997M+4%+65%8%0.98×8.9%7.6%
TMC TMCUnited States$1.00B-60%n/a-1,123%n/an/a-1,123.2%
Develop Global DVP.AXAustralia$801M-43%+68%1%1.72×14.9%1.3%
Jiangyin Electrical Alloy 300697.SZChina$791M-24%+54%16%3.74×34.1%15.8%
GRIPM Advanced Materials 688456.SSChina$780M-24%+34%7%4.00×47.8%7.3%
Americas Gold and Silver USA.TOCanada$1.05B-50%+86%-27%3.49×44.3%-27.1%
Jain Resource Recycling JAINREC.NSIndia$1.05B-43%+48%23%5.74×39.5%23.0%
Zimplats ZIM.AXAustralia$1.06B-15%+50%14%0.50×6.3%14.0%
Imperial Metals III.TOCanada$759M-2%+5%11%1.00×8.7%11.0%
Mishra Dhatu Nigam MIDHANI.NSIndia$753M-8%+18%9%4.64×72.6%n/a

Questions

Who are Changsha Dialine New Material Sci.&Tech's main competitors?
Named competitors: Henan Liliang Diamond (301071.SZ), Huanghe Whirlwind (002401.SZ). The cockpit's measured peer set (industry) also includes Amerigo Resources (ARG.TO), Osisko Metals (OM.TO), Sandur Manganese & Iron Ores (SANDUMA.NS), Metals X (MLX.AX), Zhejiang Tony Electronic (603595.SS), Talon Metals (TLO.TO).
Is Changsha Dialine New Material Sci.&Tech expensive compared with its peers?
On price / book it trades at 7.79× against a peer median of 2.94×, 3rd most expensive of 19 in its peer set. The share price implies a return on equity of about 93.4%; Changsha Dialine New Material Sci.&Tech delivers -13.2%, so the price asks more than the business earns today.
How has Changsha Dialine New Material Sci.&Tech stock performed?
Over six months to 6 Nov 2026 the shares returned -12.7% against -16.1% for the median peer; over one year +29.8%.

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.