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Chinese maker of superalloy and titanium materials/forgings for aerospace engines and structural parts.
Chinese maker of superalloy and titanium materials/forgings for aerospace engines and structural parts.
In one line: A small Chinese aerospace-alloy maker.
Moat: narrow (process know-how, customer qualification). Aerospace-material qualification cycles are long, favoring already-approved suppliers.
Headquarters: China · Employees: 1,086
Size ZhongHe Shangda Aeronautic Materials (301522.SZ) is a China Materials company (Steel) with a market value of $1.09B, the 2145th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥19.52 on 6 Nov 2026.
Performance Over six months the shares fell 38.6%, against -16.8% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 4.9% over the last twelve months (peer median -0.2%); the operating margin is 1.9% (peer median 1.4%).
Valuation It trades at 3.4× enterprise value to sales against a peer median of 1.2× (5th most expensive of 19).
Capital Return on invested capital runs 8.1 points below its cost of capital (10.5% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.55B | CN¥2.41B | CN¥2.51B | CN¥2.03B | CN¥1.29B |
| Revenue growth | — | -4% | +23% | +58% | — |
| Gross profit | CN¥322M | CN¥264M | CN¥337M | CN¥332M | CN¥209M |
| EBITDA | n/a | CN¥165M | CN¥234M | CN¥233M | CN¥153M |
| Net income | CN¥78.1M | CN¥101M | CN¥162M | CN¥151M | CN¥107M |
| Free cash flow | -CN¥460M | -CN¥300M | CN¥32.7M | -CN¥19.0M | -CN¥232M |
| Capital expenditure | CN¥258M | CN¥290M | CN¥50.0M | CN¥96.2M | CN¥43.0M |
| Total debt | CN¥1.73B | CN¥1.23B | CN¥1.06B | CN¥1.16B | CN¥739M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| ZhongHe Shangda Aeronautic Materials 301522.SZ | $1.09B | -39% | +5% | 2% | 3.4× | n/a |
| Jiangsu Longda Superalloy 688231.SS | $919M | -34% | +54% | 6% | 2.7× | n/a |
| Fushun Special Steel 600399.SS | $1.22B | -25% | +6% | -5% | 1.5× | n/a |
| Howmet Aerospace HWM | $81.8B | -24% | +22% | 28% | 8.8× | 24.1% |
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 | 301522.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.2% | -5.4% | 7th lowest of 21 |
| 6-month return | -38.6% | -16.8% | 3rd lowest of 20 |
| Distance from 52-week high | -61.6% | -37.7% | 2nd lowest of 21 |
| Revenue growth (TTM) | +4.9% | -0.2% | 8th highest of 19 |
| Operating margin | 1.9% | 1.4% | 9th highest of 19 |
| EV / Sales | 3.4× | 1.2× | 5th most expensive of 19 |
| ROIC minus cost of capital | -8.1 pp | -3.8 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ZhongHe Shangda Aeronautic Materials 301522.SZ | China | $1.09B | -39% | +5% | 2% | 3.4× | n/a | n/a |
| BCI Minerals BCI.AX | Australia | $1.09B | +45% | n/a | n/a | n/a | n/a | n/a |
| Jiangsu Shagang 002075.SZ | China | $1.09B | -25% | -4% | 1% | 0.6× | n/a | n/a |
| TSP Wind Power 300129.SZ | China | $1.10B | -42% | -26% | 1% | 2.5× | n/a | n/a |
| Feng Hsin Steel 2015.TW | Taiwan | $1.11B | +4% | -12% | 0% | 1.3× | 9.2% | +1.2% |
| Vedanta Iron And Steel VISL.NS | India | $1.11B | n/a | n/a | n/a | n/a | n/a | n/a |
| Hengong Precision Equipment 301261.SZ | China | $1.04B | -9% | +34% | 5% | 5.0× | 26.1% | +15.8% |
| Tianjin You Fa Steel Pipe Group Stock 601686.SS | China | $1.03B | -15% | -2% | 1% | 0.3× | 4.0% | +0.9% |
| Tokyo Steel Manufacturing 5423.T | Japan | $1.17B | -1% | -1% | -1% | 0.5× | n/a | n/a |
| Zhongnanhong Culture 002445.SZ | China | $1.17B | -7% | -1% | 1% | 6.0× | n/a | n/a |
| Guizhou Aviation Technical Development 688239.SS | China | $1.19B | -39% | +23% | 12% | 4.0× | 17.7% | +25.0% |
| Sansteel MinGuang Co., Ltd., Fujian 002110.SZ | China | $993M | -20% | -7% | -2% | 0.6× | 9.7% | -2.4% |
| Xinyu Iron & Steel 600782.SS | China | $1.20B | -17% | -13% | -4% | 0.4× | n/a | n/a |
| Beijing Lier High-Temperature Materials 002392.SZ | China | $1.20B | -29% | +16% | 4% | 1.3× | 15.4% | +10.2% |
| Companhia Siderurgica Nacional Sponsored ADR SID | United States | $984M | -38% | +9% | 10% | 1.1× | n/a | n/a |
| Labrador Iron Ore Royalty LIF.TO | Canada | $981M | -23% | -15% | 75% | 8.9× | 0.6% | -3.9% |
| Hanza HANZA.ST | Sweden | $978M | -11% | +72% | 8% | 1.2× | 10.4% | +22.8% |
| Xining Special Steel 600117.SS | China | $976M | -23% | 0% | -21% | 1.7× | n/a | n/a |
| Fushun Special Steel 600399.SS | China | $1.22B | -25% | +6% | -5% | 1.5× | n/a | n/a |
| Aichi Steel 5482.T | Japan | $970M | -17% | +4% | 5% | 0.6× | 1.6% | +8.5% |
| NMDC Steel NSLNISP.NS | India | $1.23B | -10% | +42% | 3% | 0.8× | 20.8% | +41.6% |