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Ningbo maker of organosilicon materials and textile and dyeing auxiliaries, including silicone oils, surfactants and finishing agents.
Ningbo maker of organosilicon materials and textile and dyeing auxiliaries, including silicone oils, surfactants and finishing agents.
Earns from selling chemicals used in finishing fabrics and from silicone-based materials that go into cosmetics, farm chemicals and electronics, so it depends on mills' and manufacturers' orders and on the price of silicone raw materials. It is shifting toward higher-end organosilicon products.
Moat: narrow (process know-how, customer qualification). Formulation know-how and qualified supply to textile and chemical customers, but it competes with larger silicone producers.
Headquarters: Ningbo, China · Employees: 710
Size Ningbo Runhe High-Tech Materials (300727.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $695M, the 3074th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥23.39 on 6 Nov 2026.
Performance Over six months the shares fell 31.6%, against -23.4% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 19 in its peer set.
Growth Revenue grew 18.0% over the last twelve months (peer median +10.7%); the operating margin is 4.9% (peer median 3.6%).
Valuation It trades at 42.9× forward earnings against a peer median of 19.7× (4th most expensive of 10).
Price implies For today's price to make sense, revenue must grow about 34% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is +19 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 4.6 points below its cost of capital (11.3% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.61B | CN¥1.41B | CN¥1.32B | CN¥1.13B | CN¥1.18B |
| Revenue growth | — | +6% | +17% | -4% | — |
| Gross profit | CN¥409M | CN¥368M | CN¥320M | CN¥284M | CN¥262M |
| EBITDA | n/a | CN¥175M | CN¥148M | CN¥126M | CN¥126M |
| Net income | CN¥66.8M | CN¥120M | CN¥96.2M | CN¥82.2M | CN¥90.1M |
| Free cash flow | CN¥41.8M | -CN¥35.1M | -CN¥2.84M | CN¥130M | -CN¥41.2M |
| Capital expenditure | CN¥85.2M | CN¥93.8M | CN¥64.9M | CN¥32.7M | CN¥38.8M |
| Total debt | CN¥583M | CN¥277M | CN¥601M | CN¥572M | CN¥495M |
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 |
|---|---|---|---|---|---|---|
| Ningbo Runhe High-Tech Materials 300727.SZ | $695M | -32% | +18% | 5% | 42.9× | 33.7% |
| Hoshine Silicon Industry 603260.SS | $5.32B | -33% | -7% | -6% | 41.7× | 22.5% |
| Wacker Chemie WCH.DE | $4.42B | -24% | -5% | -1% | 33.0× | n/a |
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 | 300727.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.1% | -11.5% | 3rd lowest of 21 |
| 6-month return | -31.6% | -23.4% | 7th lowest of 19 |
| Distance from 52-week high | -44.3% | -49.0% | 10th highest of 21 |
| Revenue growth (TTM) | +18.0% | +10.7% | 8th highest of 21 |
| Operating margin | 4.9% | 3.6% | 10th highest of 20 |
| Forward P/E | 42.9× | 19.7× | 4th most expensive of 10 |
| Growth the price implies (Req g, 7 yrs) | 33.7% | 11.1% | 4th most demanding of 9 |
| Growth delivered (Del g) | +14.6% | +9.5% | 3rd highest of 8 |
| Hurdle (Req g minus delivered) | +19.1 pp | -2.1 pp | 3rd most demanding of 8 |
| ROIC minus cost of capital | -4.6 pp | -3.4 pp | 8th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ningbo Runhe High-Tech Materials 300727.SZ | China | $695M | -32% | +18% | 5% | 42.9× | 33.7% | +14.6% |
| Jiangsu Lopal Tech 2465.HK | Hong Kong | $694M | -67% | +107% | 7% | 5.7× | n/a | n/a |
| Gujarat Narmada Valley Fertilizers & Chemicals GNFC.NS | India | $703M | -10% | +22% | 10% | n/a | 4.4% | +7.2% |
| Societe Explosifs et Produits Chimiques EXPL.PA | France | $684M | +4% | +13% | 7% | 19.7× | 7.7% | +9.8% |
| Liaoning Xinde New Material Technology 301349.SZ | China | $711M | -20% | +63% | 7% | 28.2× | n/a | n/a |
| Orinko Advanced Plastics 688219.SS | China | $714M | -23% | +13% | 2% | n/a | 14.4% | +9.5% |
| Anhui Estone Materials Technology 688733.SS | China | $676M | -25% | +44% | -5% | 51.9× | n/a | n/a |
| Zhejiang Jiaao Enprotech Stock 603822.SS | China | $718M | -19% | +101% | 19% | 9.7× | -7.5% | +31.6% |
| DL 000210.KS | South Korea | $718M | -37% | +5% | 10% | n/a | n/a | n/a |
| Lightwave Logic LWLG | United States | $673M | -73% | +165% | -9,688% | n/a | n/a | n/a |
| Hangzhou Grascent 301688.SZ | China | $720M | n/a | +12% | n/a | n/a | 47.1% | n/a |
| Yuanli Chemical 603217.SS | China | $720M | -25% | +8% | 10% | 18.0× | n/a | n/a |
| Malion New Materials 300586.SZ | China | $720M | -42% | +4% | -4% | n/a | n/a | n/a |
| Shanghai Allied Industrial 301419.SZ | China | $723M | +10% | +19% | 14% | n/a | n/a | n/a |
| Kornit Digital KRNT | United States | $724M | +4% | +4% | -17% | 86.4× | 36.2% | +0.9% |
| Cybrid Technologies 603212.SS | China | $725M | -19% | -9% | -7% | n/a | n/a | n/a |
| Waga Energy WAGA.PA | France | $659M | -3% | +7% | -20% | n/a | n/a | n/a |
| Sino-High (China) 301076.SZ | China | $736M | -24% | +4% | 14% | 57.1× | 43.8% | +9.1% |
| Jiangsu Baichuan High-Tech New Materials 002455.SZ | China | $656M | -42% | +9% | 1% | n/a | n/a | n/a |
| Hebei Cangzhou Dahua 600230.SS | China | $738M | -36% | -1% | 4% | 16.6× | -0.4% | +22.6% |
| Beijing Shougang LanzaTech Technology 2553.HK | Hong Kong | $653M | n/a | 0% | -45% | n/a | n/a | n/a |