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← CockpitCompetitor Analysis › 301518.SZ Changhua Chemical Technology Co., Ltd. Class AOpen in the cockpit ↗

Changhua Chemical Technology Co., Ltd. Class A301518.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty
Momentum laggard 7
Mkt cap
$452M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$6.34M
20-day average traded
P/B
1.88×
price to book
ROE
-3.1%
delivered
Implied ROE
19.1%
what the price asks
Next earnings
165 days
20 Apr 2027
Close · CNYCN¥20.12
1D-3.4%
1W+4.0%
1M-18.3%
3M-16.6%
6M-45.2%
YTD-43.4%
1Y-38.2%
ATR %6.0%
52w lowhigh61.9% off high

What Changhua Chemical Technology does

Employees: 582

Changhua Chemical Technology at a glance

Size Changhua Chemical Technology (301518.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $452M, the 4096th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.12 on 6 Nov 2026.

Performance Over six months the shares fell 45.2%, against -13.5% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 17.1% over the last twelve months (peer median +9.0%); the operating margin is -2.1% (peer median 5.3%).

Valuation It trades at 1.88× book value against a peer median of 1.40× (9th most expensive of 20).

Price implies The share price implies a return on equity of about 19.1%; Changhua Chemical Technology delivers -3.1%, so the price asks more than the business earns today.

Next results Next results expected around 20 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 83301518.SZ 54
Six months, rebased to 100: Changhua Chemical Technology against the median of its 20 peers (local-currency closes).

Changhua Chemical Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.33BCN¥2.75BCN¥3.05BCN¥2.71BCN¥2.31B
Revenue growth—-10%+12%+17%—
Gross profitCN¥154MCN¥198MCN¥123MCN¥211MCN¥155M
EBITDAn/aCN¥154MCN¥81.9MCN¥165MCN¥145M
Net income-CN¥47.4MCN¥97.2MCN¥58.2MCN¥116MCN¥89.4M
Free cash flow-CN¥910M-CN¥694M-CN¥307MCN¥14.5MCN¥130M
Capital expenditureCN¥911MCN¥825MCN¥380MCN¥120MCN¥38.0M
Total debtCN¥1.45BCN¥816MCN¥67.3MCN¥52.5MCN¥64.5M

Quarterly statements and history in the cockpit →

Changhua Chemical 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%-20%-10%0%ASIXVHIBAK3013951714300132131300069860379879423009270746002054603120603948ELLEN002666001367002109688203301518.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Changhua Chemical Technology is the large dot.

Fundamentals: return on equity against price-to-book

-10%0%10%20×40×ASIXVHI3013951714300132131300069860379879423009270746002054603120603948ELLEN002666001367002109688203301518.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. Changhua Chemical Technology is the large dot.

Capital: ROE delivered against the ROE the price implies

0%20%40%0%20%40%ASIXVHI301395171430013213130006986037987942300927002054603120603948ELLEN002666688203301518.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Changhua Chemical Technology is the large dot.

Changhua Chemical Technology competitors and peer comparison

How Changhua Chemical 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.

Changhua Chemical Technology against its 20 peers (data as of 6 Nov 2026)
Measure301518.SZPeer medianRank in peer set
1-month return-18.3%-12.8%5th lowest of 21
6-month return-45.2%-13.5%2nd lowest of 21
Return on equity-3.1%6.8%4th lowest of 20
Price / book1.88×1.40×9th most expensive of 20
ROE the price implies19.1%12.9%5th most demanding of 20
ROE delivered-3.1%6.8%4th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Changhua Chemical Technology 301518.SZChina$452M-45%+17%-3%1.88×19.1%-3.1%
Advansix ASIXUnited States$454M-17%+8%-3%0.58×7.7%-2.8%
Valhi VHIUnited States$456M+11%+3%-5%0.44×6.2%-4.8%
Braskem S.A. Sponsored ADR Pfd BAKUnited States$457M-70%-1%n/an/an/an/a
Renxin New Material 301395.SZChina$445M-10%+1%-9%2.07×18.7%-8.8%
Ho Tung Chemical 1714.TWTaiwan$459M+67%+36%10%1.15×4.9%9.5%
FuJian Nox Bellcow 300132.SZChina$459M-37%+18%13%1.95×16.2%12.8%
UPC Technology 1313.TWTaiwan$445M+4%-1%1%0.52×2.4%0.7%
Shenyang Chemical Industry 000698.SZChina$445M-6%+18%-1%2.02×12.9%-0.8%
Qingdao Copton Technology 603798.SSChina$443M-36%-12%3%2.44×21.6%3.4%
JSP 7942.TJapan$462M+29%+14%9%0.67×6.8%9.4%
Nantong Jiangtian Chemical 300927.SZChina$463M-29%+51%9%2.98×30.6%8.7%
Lee & Man Chemical 0746.HKHong Kong$465M-9%+3%9%0.53×5.5%8.8%
Dymatic Chemicals 002054.SZChina$465M-25%+21%7%1.15×8.8%7.1%
Kente Catalysts 603120.SSChina$465M+6%+9%7%3.17×28.0%6.8%
Zhejiang Jianye Chemical 603948.SSChina$436M-35%-5%7%1.40×13.5%6.8%
Ellenbarrie Industrial Gases ELLEN.NSIndia$434M0%+289%12%3.90×52.8%12.1%
Guangdong Delian 002666.SZChina$434M-29%+5%1%0.81×6.3%1.2%
Zhejiang Haisen Pharmaceutical 001367.SZChina$434M-20%+9%10%1.81×13.0%9.9%
Shaanxi Xinghua Chemistry 002109.SZChina$473M-39%+20%-4%0.82×5.9%-4.0%
Zhejiang Hisun Biomaterials 688203.SSChina$473M+16%+47%2%2.10×16.9%2.2%

Questions

Which companies are Changhua Chemical Technology's closest peers?
The cockpit's peer set: Advansix (ASIX), Valhi (VHI), Braskem S.A. Sponsored ADR Pfd (BAK), Renxin New Material (301395.SZ), Ho Tung Chemical (1714.TW), FuJian Nox Bellcow (300132.SZ), UPC Technology (1313.TW), Shenyang Chemical Industry (000698.SZ).
Is Changhua Chemical Technology expensive compared with its peers?
On price / book it trades at 1.88× against a peer median of 1.40×, 9th most expensive of 20 in its peer set. The share price implies a return on equity of about 19.1%; Changhua Chemical Technology delivers -3.1%, so the price asks more than the business earns today.
How has Changhua Chemical Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -45.2% against -13.5% for the median peer; over one year -38.2%.

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.