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← CockpitCompetitor Analysis › 301688.SZ Hangzhou Grascent Co., Ltd. Class AOpen in the cockpit ↗

Hangzhou Grascent Co., Ltd. Class A301688.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty
Mkt cap
$720M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$19.2M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 16.2%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥36.00
1D+7.1%
1W+20.7%
1M-10.8%
3Mn/a
6Mn/a
YTDn/a
1Yn/a
ATR %8.5%
52w lowhigh50.0% off high

What Hangzhou Grascent does

Employees: 545

Hangzhou Grascent at a glance

Size Hangzhou Grascent (301688.SZ) is a China Materials company (Chemicals: Specialty) with a market value of $720M, the 3001st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥36.00 on 6 Nov 2026.

Growth Revenue grew 11.9% over the last twelve months (peer median +11.3%).

Valuation It trades at 4.2× enterprise value to sales against a peer median of 1.8× (4th most expensive of 21).

Hangzhou Grascent financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
RevenueCN¥1.13BCN¥1.07BCN¥961MCN¥735M
Revenue growth—+12%+31%—
Gross profitn/aCN¥331MCN¥275MCN¥184M
EBITDAn/aCN¥308MCN¥251MCN¥161M
Net incomeCN¥174MCN¥179MCN¥150MCN¥92.9M
Free cash flown/aCN¥70.1MCN¥8.32M-CN¥104M
Capital expendituren/aCN¥88.4MCN¥198MCN¥245M
Total debtCN¥850MCN¥827MCN¥854MCN¥729M

Quarterly statements and history in the cockpit →

Hangzhou Grascent 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.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%0×2.5×5×7.5×603217300586000210603822301419KRNT603212688219301349301076GNFC3007272465301149CLEAN300856301688.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hangzhou Grascent is the large dot.

Hangzhou Grascent competitors and peer comparison

How Hangzhou Grascent 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.

Hangzhou Grascent against its 20 peers (data as of 6 Nov 2026)
Measure301688.SZPeer medianRank in peer set
1-month return-10.8%-13.2%9th highest of 21
Distance from 52-week high-50.0%-42.1%6th lowest of 21
Revenue growth (TTM)+11.9%+11.3%11th highest of 21
EV / Sales4.2×1.8×4th most expensive of 21
Growth the price implies (Req g, 7 yrs)47.1%14.4%most demanding of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Hangzhou Grascent 301688.SZChina$720Mn/a+12%n/a4.2×47.1%n/a
Yuanli Chemical 603217.SSChina$720M-25%+8%10%1.9×n/an/a
Malion New Materials 300586.SZChina$720M-42%+4%-4%3.6×n/an/a
DL 000210.KSSouth Korea$718M-37%+5%10%0.2×n/an/a
Zhejiang Jiaao Enprotech Stock 603822.SSChina$718M-19%+101%19%1.6×-7.5%+31.6%
Shanghai Allied Industrial 301419.SZChina$723M+10%+19%14%9.0×n/an/a
Kornit Digital KRNTUnited States$724M+4%+4%-17%1.4×36.2%+0.9%
Cybrid Technologies 603212.SSChina$725M-19%-9%-7%2.2×n/an/a
Orinko Advanced Plastics 688219.SSChina$714M-23%+13%2%1.0×14.4%+9.5%
Liaoning Xinde New Material Technology 301349.SZChina$711M-20%+63%7%2.2×n/an/a
Sino-High (China) 301076.SZChina$736M-24%+4%14%9.3×43.8%+9.1%
Gujarat Narmada Valley Fertilizers & Chemicals GNFC.NSIndia$703M-10%+22%10%0.5×4.4%+7.2%
Hebei Cangzhou Dahua 600230.SSChina$738M-36%-1%4%1.1×-0.4%+22.6%
Ningbo Runhe High-Tech Materials 300727.SZChina$695M-32%+18%5%2.8×33.7%+14.6%
Westlake Chemical Partners LP WLKPUnited States$747M-9%+9%29%1.1×n/an/a
Jiangsu Lopal Tech 2465.HKHong Kong$694M-67%+107%7%0.9×n/an/a
Shandong Longhua New Material 301149.SZChina$751M-39%+33%2%0.8×n/an/a
Clean Science & Technology CLEAN.NSIndia$753M-24%+5%26%6.5×31.8%+13.2%
Nanjing COSMOS Chemical 300856.SZChina$757M-24%+12%12%3.0×3.3%+8.0%
Poly Plastic Masterbatch (SuZhou) 300905.SZChina$758M-59%+10%11%3.1×29.1%+17.2%
Societe Explosifs et Produits Chimiques EXPL.PAFrance$684M+4%+13%7%1.2×7.7%+9.8%

Questions

Which companies are Hangzhou Grascent's closest peers?
The cockpit's peer set: Yuanli Chemical (603217.SS), Malion New Materials (300586.SZ), DL (000210.KS), Zhejiang Jiaao Enprotech Stock (603822.SS), Shanghai Allied Industrial (301419.SZ), Kornit Digital (KRNT), Cybrid Technologies (603212.SS), Orinko Advanced Plastics (688219.SS).
Is Hangzhou Grascent expensive compared with its peers?
On ev / sales it trades at 4.2× against a peer median of 1.8×, 4th most expensive of 21 in its peer set.

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.