Loading…
Sichuan-based industrial-gas supplier (name-derived; specifics not fully confirmed).
Sichuan-based industrial-gas supplier (name-derived; specifics not fully confirmed).
Moat: none
Headquarters: Sichuan, China · Employees: 712
Size Sichuan Qiaoyuan Gas (301286.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $2.88B, the 893rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥48.46 on 6 Nov 2026.
Performance Over six months the shares fell 4.4%, against -14.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 7.9% over the last twelve months (peer median +8.5%); the operating margin is 26.3% (peer median 10.2%).
Valuation It trades at 73.4× forward earnings against a peer median of 17.9× (most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +24 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 8.9 points above its cost of capital (9.9% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.17B | CN¥1.07B | CN¥1.02B | CN¥1.02B | CN¥916M |
| Revenue growth | — | +5% | 0% | +11% | — |
| Gross profit | CN¥526M | CN¥378M | CN¥320M | CN¥326M | CN¥259M |
| EBITDA | n/a | CN¥429M | CN¥377M | CN¥387M | CN¥304M |
| Net income | CN¥254M | CN¥232M | CN¥149M | CN¥203M | CN¥117M |
| Free cash flow | CN¥267M | CN¥181M | CN¥186M | CN¥5.90M | -CN¥104M |
| Capital expenditure | CN¥31.2M | CN¥51.0M | CN¥28.4M | CN¥145M | CN¥210M |
| Total debt | CN¥117M | CN¥12.9M | CN¥96.4M | CN¥132M | CN¥147M |
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 |
|---|---|---|---|---|---|---|
| Sichuan Qiaoyuan Gas 301286.SZ | $2.88B | -4% | +8% | 26% | 73.4× | 31.8% |
| Hangzhou Oxygen Plant 002430.SZ | $3.89B | -16% | +16% | 11% | 20.9× | 2.9% |
| Guangzhou Guanggang Gases and Energy 688548.SS | $3.39B | -14% | +21% | 20% | 62.3× | n/a |
| Linde LIN | $237B | +5% | +8% | 27% | 27.0× | 14.4% |
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 | 301286.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.9% | -5.5% | 4th highest of 21 |
| 6-month return | -4.4% | -14.6% | 7th highest of 21 |
| Distance from 52-week high | -29.1% | -36.6% | 9th highest of 21 |
| Revenue growth (TTM) | +7.9% | +8.5% | 9th lowest of 21 |
| Operating margin | 26.3% | 10.2% | 3rd highest of 21 |
| Forward P/E | 73.4× | 17.9× | most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 31.8% | 10.3% | 2nd most demanding of 13 |
| Growth delivered (Del g) | +8.0% | +9.3% | 5th lowest of 13 |
| Hurdle (Req g minus delivered) | +23.7 pp | -2.6 pp | most demanding of 13 |
| ROIC minus cost of capital | +8.9 pp | +0.6 pp | 3rd highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sichuan Qiaoyuan Gas 301286.SZ | China | $2.88B | -4% | +8% | 26% | 73.4× | 31.8% | +8.0% |
| Qingdao Gon Technology 2768.HK | Hong Kong | $2.88B | +13% | +20% | 7% | 10.3× | n/a | n/a |
| Beijing Easpring Material Technology 300073.SZ | China | $2.86B | -45% | +116% | 5% | 18.8× | n/a | n/a |
| Shanghai Bairun Investment 002568.SZ | China | $2.82B | -8% | +8% | 28% | 24.2× | 14.5% | +8.8% |
| PI Industries PIIND.NS | India | $2.79B | -44% | -15% | 13% | 22.7× | n/a | n/a |
| XTC New Energy Materials (Xiamen) 688778.SS | China | $3.01B | -52% | +78% | 4% | 19.2× | 16.0% | +20.0% |
| K+s SDF.DE | Germany | $2.68B | -13% | +6% | 34% | 11.7× | n/a | n/a |
| Shanghai Haoyuan Chemexpress 688131.SS | China | $3.11B | +30% | +28% | 13% | 59.6× | 32.0% | +35.2% |
| Luxi Chemical 000830.SZ | China | $3.13B | -36% | -1% | 4% | 12.1× | -1.4% | +10.6% |
| Hawkins HWKN | United States | $3.14B | -10% | +9% | 11% | 33.9× | 15.2% | +12.7% |
| Guizhou Chanhen Chemical 002895.SZ | China | $2.64B | -20% | +15% | 18% | 12.9× | 2.4% | +36.1% |
| Levima Advanced Materials 003022.SZ | China | $3.17B | -34% | +66% | 10% | 30.1× | n/a | n/a |
| Nifco 7988.T | Japan | $2.62B | +6% | +4% | 14% | 11.7× | -3.5% | +6.6% |
| China Petroleum Engineering 600339.SS | China | $2.60B | -24% | +8% | 1% | 26.7× | n/a | n/a |
| Quaker Houghton KWR | United States | $2.58B | +2% | +9% | 9% | 16.9× | 16.3% | +5.9% |
| Hubei Zhenhua Chemical 603067.SS | China | $2.56B | -35% | +31% | 11% | 23.6× | n/a | n/a |
| Kemira KEMIRA.HE | Finland | $2.55B | -8% | -3% | 8% | 16.0× | 3.9% | +2.6% |
| Hexpol HPOL-B.ST | Sweden | $3.30B | +28% | -1% | 14% | 15.6× | 3.1% | +7.6% |
| Bloomage Biotechnology 688363.SS | China | $2.49B | -16% | -22% | 5% | 55.6× | 20.8% | +9.8% |
| Daicel 4202.T | Japan | $2.48B | +24% | +2% | 7% | 11.1× | 6.1% | +8.1% |
| Inner Mongolia Berun Chemical 000683.SZ | China | $3.36B | -32% | +11% | 13% | 13.8× | n/a | n/a |