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← CockpitCompetitor Analysis › 301526.SZ Chongqing Polycomp International Corporation Class AOpen in the cockpit ↗

Chongqing Polycomp International Corporation Class A301526.SZCompetitor analysis, valuation and peers

China · CNY·Consumer Discretionary›Home Furnishings

Maker of glass fibre and fibreglass products used in wind-turbine blades, construction and electronics reinforcement.

≈ A Chinese Owens Corning for fibreglassMomentum neutral 40
Mkt cap
$11.0B
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$296M
20-day average traded
Fwd P/E
36.8×
forward earnings
ROIC−WACC
-6.5 pp
WACC 16.4%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥19.50
1D-6.0%
1W+4.8%
1M-26.5%
3M-30.1%
6M+21.3%
YTD+178.6%
1Y+226.1%
ATR %9.1%
52w lowhigh64.0% off high

What Chongqing Polycomp International does

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.

Products and services

  • Glass fibre yarn/roving
  • Fibreglass fabric/mat
  • Composite materials

Customers

  • Wind-turbine blade makers
  • construction/composite manufacturers
  • electronics laminate makers

Where it sits in the supply chain

  • Materials
  • Glass fibre manufacturing
  • Fibreglass yarn, mat and fabric

What could go right

  • Wind-turbine blade demand growth
  • Construction composite adoption

What could go wrong

  • Energy-intensive production costs
  • Cyclical wind-capex demand

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

Named competitors

Chongqing Polycomp International at a glance

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).

Relative performance

10020011 May 202611 Aug 20266 Nov 2026301526.SZ 103Peer median 99
Six months, rebased to 100: Chongqing Polycomp International against the median of its 9 peers (local-currency closes).

Chongqing Polycomp International financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥10.2BCN¥8.64BCN¥7.35BCN¥7.15BCN¥7.87B
Revenue growth—+18%+3%-9%—
Gross profitCN¥3.76BCN¥1.51BCN¥809MCN¥1.44BCN¥2.14B
EBITDAn/aCN¥1.87BCN¥1.00BCN¥1.63BCN¥2.26B
Net incomeCN¥1.29BCN¥272M-CN¥354MCN¥546MCN¥1.14B
Free cash flow-CN¥351M-CN¥700MCN¥175M-CN¥1.49B-CN¥1.33B
Capital expenditureCN¥2.33BCN¥2.45BCN¥1.46BCN¥1.92BCN¥1.91B
Total debtCN¥11.7BCN¥11.1BCN¥10.5BCN¥11.6BCN¥10.3B

Quarterly statements and history in the cockpit →

Chongqing Polycomp International 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

-20%0%+20%-20%0%SGI30043360066060326860381684645938603833ASAHIINDIA301526.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Chongqing Polycomp International is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%20×40×60×SGI30043360066060326860381684645938ASAHIINDIA301526.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Chongqing Polycomp International is the large dot.

Chongqing Polycomp International competitors and peer comparison

Head to head with its named competitors (301526.SZ vs 600176.SS vs OC vs 5214.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq 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$9.59B0%-11%14%15.3×3.6%
Nippon Electric Glass 5214.T$2.32B-44%+3%8%22.6×2.4%

How Chongqing Polycomp International 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.

Chongqing Polycomp International against its 9 peers (data as of 6 Nov 2026)
Measure301526.SZPeer medianRank 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 margin18.1%13.5%4th highest of 10
Forward P/E36.8×16.8×4th most expensive of 10
ROIC minus cost of capital-6.5 pp-0.7 pplowest of 10

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
Chongqing Polycomp International 301526.SZChina$11.0B+21%+22%18%36.8×n/an/a
Somnigroup International SGIUnited States$14.8B-7%+27%14%18.3×15.0%+15.3%
Lens Technology 300433.SZChina$20.1B+5%-11%5%42.6×16.9%+15.0%
Fuyao Glass Industry 600660.SSChina$21.0B-5%+5%22%16.2×-3.2%+18.2%
Guangdong Songfa Ceramics 603268.SSChina$22.8B0%+302%21%16.1×n/an/a
Jason Furniture (Hangzhou) 603816.SSChina$3.57B-10%+1%9%13.3×-2.2%+9.7%
Nien Made Enterprise 8464.TWTaiwan$3.08B+1%+4%35%13.3×-8.3%+4.2%
LIXIL 5938.TJapan$3.07B+4%+2%2%38.8×17.3%+1.9%
Oppein Home 603833.SSChina$2.88B-32%-27%5%16.8×6.1%+3.2%
Asahi India Glass ASAHIINDIA.NSIndia$2.79B+22%+20%16%58.8×n/an/a

Questions

Who are Chongqing Polycomp International's main competitors?
Named competitors: China Jushi (600176.SS), Owens Corning (OC), Nippon Electric Glass (5214.T). The cockpit's measured peer set (industry) also includes Somnigroup International (SGI), Lens Technology (300433.SZ), Fuyao Glass Industry (600660.SS), Guangdong Songfa Ceramics (603268.SS), Jason Furniture (Hangzhou) (603816.SS), Nien Made Enterprise (8464.TW).
Is Chongqing Polycomp International expensive compared with its peers?
On forward p/e it trades at 36.8× against a peer median of 16.8×, 4th most expensive of 10 in its peer set.
How has Chongqing Polycomp International stock performed?
Over six months to 6 Nov 2026 the shares returned +21.3% against 0.0% for the median peer; over one year +226.1%.

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.