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← CockpitCompetitor Analysis › 301356.SZ Zhejiang Tianzhen Technology Co Ltd. Class AOpen in the cockpit ↗

Zhejiang Tianzhen Technology Co Ltd. Class A301356.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Forest Products
Momentum leader 95
Mkt cap
$713M
US dollars, full cap
$/day
$11.7M
20-day average traded
Fwd P/E
26.0×
forward earnings
ROIC−WACC
-6.4 pp
WACC 12.0%
Hurdle
+35 pp
Req g minus delivered
Close · CNYCN¥21.86
1D+0.4%
1W+14.8%
1M+14.4%
3M+26.4%
6M-6.6%
YTD+3.2%
1Y-13.2%
ATR %6.9%
52w lowhigh27.2% off high

What Zhejiang Tianzhen Technology does

Employees: 1,857

Zhejiang Tianzhen Technology at a glance

Size Zhejiang Tianzhen Technology (301356.SZ) is a China Materials company (Forest Products) with a market value of $713M, the 3022nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥21.86 on 6 Nov 2026.

Performance Over six months the shares fell 6.6%, against -12.0% for the median peer and -16.4% for the China market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 1.9% over the last twelve months (peer median +2.5%); the operating margin is 4.2% (peer median 4.8%).

Valuation It trades at 26.0× forward earnings against a peer median of 31.5× (5th cheapest of 11).

Price implies For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +35 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 6.4 points below its cost of capital (12.0% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026301356.SZ 92Peer median 87
Six months, rebased to 100: Zhejiang Tianzhen Technology against the median of its 20 peers (local-currency closes).

Zhejiang Tianzhen Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.59BCN¥1.55BCN¥892MCN¥308MCN¥2.96B
Revenue growth—+73%+189%-90%—
Gross profitCN¥396MCN¥276MCN¥80.0M-CN¥35.0MCN¥647M
EBITDAn/aCN¥172M-CN¥3.55M-CN¥273MCN¥427M
Net incomeCN¥95.6MCN¥84.2M-CN¥37.2M-CN¥267MCN¥379M
Free cash flowCN¥35.9M-CN¥1.20M-CN¥393M-CN¥228MCN¥424M
Capital expenditureCN¥72.6MCN¥231MCN¥307MCN¥106MCN¥191M
Total debtCN¥43.0MCN¥50,021CN¥3.98MCN¥15.3MCN¥306M

Quarterly statements and history in the cockpit →

Zhejiang Tianzhen Technology 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

-40%-20%0%+20%+40%-20%0%5930IFP603216600189STYLAMINDGREENLAM603038002785002631INWICFP000910603226RESPONIND001211301588301227601996002679301356.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Tianzhen Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×50×100×IFP603216600189STYLAMINDGREENLAM0027851377INWI000910601996301356.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Tianzhen Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%5930603216600189GREENLAM6030381377INWIRESPONIND301227002679301356.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zhejiang Tianzhen Technology is the large dot.

Zhejiang Tianzhen Technology competitors and peer comparison

How Zhejiang Tianzhen Technology 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.

Zhejiang Tianzhen Technology against its 20 peers (data as of 6 Nov 2026)
Measure301356.SZPeer medianRank in peer set
1-month return+14.4%-12.4%highest of 21
6-month return-6.6%-12.0%9th highest of 21
Distance from 52-week high-27.2%-40.4%9th highest of 21
Revenue growth (TTM)+1.9%+2.5%10th lowest of 21
Operating margin4.2%4.8%11th highest of 21
Forward P/E26.0×31.5×5th cheapest of 11
Growth the price implies (Req g, 7 yrs)27.5%24.4%6th least demanding of 11
Growth delivered (Del g)-7.1%+6.3%lowest of 11
Hurdle (Req g minus delivered)+34.6 pp+15.7 pp4th most demanding of 11
ROIC minus cost of capital-6.4 pp-5.3 pp10th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Zhejiang Tianzhen Technology 301356.SZChina$713M-7%+2%4%26.0×27.5%-7.1%
Bunka Shutter 5930.TJapan$779M-1%+3%6%n/a-12.9%+6.4%
Interfor IFP.TOCanada$634M+42%-7%1%59.2×n/an/a
Mengtian Home 603216.SSChina$607M-39%-5%3%62.7×39.4%-2.6%
Jilin Quanyangquan 600189.SSChina$897M+1%+9%11%109.0×16.6%-1.7%
Stylam Industries STYLAMIND.NSIndia$563M+19%+10%18%28.1×n/an/a
Greenlam Industries GREENLAM.NSIndia$550M-11%+20%7%34.9×28.3%+20.7%
Dongguan HuaLi Industries 603038.SSChina$498M-27%+15%6%n/a20.6%+7.5%
XIAMEN WANLI STONE STOCK 002785.SZChina$1.03B-40%-33%-7%47.6×n/an/a
Der Future Science & Technology 002631.SZChina$1.04B+10%-26%-23%n/an/an/a
Sakata Seed 1377.TJapan$1.13B+2%+12%11%16.2×0.2%+8.5%
Inwido INWI.STSweden$1.16B+39%+11%10%16.9×2.5%+6.1%
Canfor CFP.TOCanada$1.22B+17%+2%-1%n/an/an/a
Dare Power Dekor Home 000910.SZChina$414M-26%-4%-9%7.4×n/an/a
Vohringer Home Technology 603226.SSChina$1.30B-38%-3%-40%n/an/an/a
Responsive Industries RESPONIND.NSIndia$391M-24%-13%10%n/a42.5%+13.0%
Suncha Technology 001211.SZChina$387M-14%+18%0%n/an/an/a
Newtechwood 301588.SZChina$376M-39%+20%7%n/an/an/a
Harbin Sayyas Windows 301227.SZChina$368M-13%-10%-21%n/a33.7%-6.0%
Guangxi Fenglin Wood Industry 601996.SSChina$360M-21%-7%-12%17.8×n/an/a
Fujian Jinsen Forestry 002679.SZChina$343M-11%+4%10%n/a43.6%+0.2%

Questions

Which companies are Zhejiang Tianzhen Technology's closest peers?
The cockpit's peer set: Bunka Shutter (5930.T), Interfor (IFP.TO), Mengtian Home (603216.SS), Jilin Quanyangquan (600189.SS), Stylam Industries (STYLAMIND.NS), Greenlam Industries (GREENLAM.NS), Dongguan HuaLi Industries (603038.SS), XIAMEN WANLI STONE STOCK (002785.SZ).
Is Zhejiang Tianzhen Technology expensive compared with its peers?
On forward p/e it trades at 26.0× against a peer median of 31.5×, 5th cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +35 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.
How has Zhejiang Tianzhen Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -6.6% against -12.0% for the median peer; over one year -13.2%.

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.