Maker of glass fibre and fibreglass products used in wind-turbine blades, construction and electronics reinforcement.
Maker of glass fibre and fibreglass products used in wind-turbine blades, construction and electronics reinforcement.
Sells glass fibre yarn and roving as a bulk material, priced per tonne, so profit depends on the selling price relative to energy and raw-material costs and on keeping its furnaces full. Wind-blade makers take a large share of the volume.
In one line: A Chinese Owens Corning for fibreglass.
Moat: narrow (scale, cost advantage). Large-scale fibreglass furnace capacity gives cost advantages versus smaller regional producers.
Headquarters: Chongqing, China · Founded: 1993 · Employees: 5,692
Size Chongqing Polycomp International (301526.SZ) is a China Consumer Discretionary company (Home Furnishings) with a market value of $11.0B, the 224th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥19.50 on 6 Nov 2026.
Performance Over six months the shares gained 21.3%, against 0.0% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 10 in its peer set.
Growth Revenue grew 22.1% over the last twelve months (peer median +3.8%); the operating margin is 18.1% (peer median 13.5%).
Valuation It trades at 36.8× forward earnings against a peer median of 16.8× (4th most expensive of 10).
Capital Return on invested capital runs 6.5 points below its cost of capital (16.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥10.2B | CN¥8.64B | CN¥7.35B | CN¥7.15B | CN¥7.87B |
| Revenue growth | — | +18% | +3% | -9% | — |
| Gross profit | CN¥3.76B | CN¥1.51B | CN¥809M | CN¥1.44B | CN¥2.14B |
| EBITDA | n/a | CN¥1.87B | CN¥1.00B | CN¥1.63B | CN¥2.26B |
| Net income | CN¥1.29B | CN¥272M | -CN¥354M | CN¥546M | CN¥1.14B |
| Free cash flow | -CN¥351M | -CN¥700M | CN¥175M | -CN¥1.49B | -CN¥1.33B |
| Capital expenditure | CN¥2.33B | CN¥2.45B | CN¥1.46B | CN¥1.92B | CN¥1.91B |
| Total debt | CN¥11.7B | CN¥11.1B | CN¥10.5B | CN¥11.6B | CN¥10.3B |
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 |
|---|---|---|---|---|---|---|
| Chongqing Polycomp International 301526.SZ | $11.0B | +21% | +22% | 18% | 36.8× | n/a |
| China Jushi 600176.SS | $16.6B | -20% | +27% | 34% | 13.5× | 14.6% |
| Owens Corning OC | $9.59B | 0% | -11% | 14% | 15.3× | 3.6% |
| Nippon Electric Glass 5214.T | $2.32B | -44% | +3% | 8% | 22.6× | 2.4% |
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 | 301526.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -26.5% | +2.9% | 2nd lowest of 10 |
| 6-month return | +21.3% | 0.0% | 2nd highest of 10 |
| Distance from 52-week high | -64.0% | -30.3% | lowest of 10 |
| Revenue growth (TTM) | +22.1% | +3.8% | 3rd highest of 10 |
| Operating margin | 18.1% | 13.5% | 4th highest of 10 |
| Forward P/E | 36.8× | 16.8× | 4th most expensive of 10 |
| ROIC minus cost of capital | -6.5 pp | -0.7 pp | lowest of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chongqing Polycomp International 301526.SZ | China | $11.0B | +21% | +22% | 18% | 36.8× | n/a | n/a |
| Somnigroup International SGI | United States | $14.8B | -7% | +27% | 14% | 18.3× | 15.0% | +15.3% |
| Lens Technology 300433.SZ | China | $20.1B | +5% | -11% | 5% | 42.6× | 16.9% | +15.0% |
| Fuyao Glass Industry 600660.SS | China | $21.0B | -5% | +5% | 22% | 16.2× | -3.2% | +18.2% |
| Guangdong Songfa Ceramics 603268.SS | China | $22.8B | 0% | +302% | 21% | 16.1× | n/a | n/a |
| Jason Furniture (Hangzhou) 603816.SS | China | $3.57B | -10% | +1% | 9% | 13.3× | -2.2% | +9.7% |
| Nien Made Enterprise 8464.TW | Taiwan | $3.08B | +1% | +4% | 35% | 13.3× | -8.3% | +4.2% |
| LIXIL 5938.T | Japan | $3.07B | +4% | +2% | 2% | 38.8× | 17.3% | +1.9% |
| Oppein Home 603833.SS | China | $2.88B | -32% | -27% | 5% | 16.8× | 6.1% | +3.2% |
| Asahi India Glass ASAHIINDIA.NS | India | $2.79B | +22% | +20% | 16% | 58.8× | n/a | n/a |