Who are Chengdu Ultra Pure Applied Materials's main competitors?

Named competitors: Stella Chemifa (4109.T), Kanto Denka Kogyo (4047.T), Konfoong Materials (300666.SZ). The cockpit's measured peer set (industry) also includes Allwinner Technology (300458.SZ), Jiangsu Leadmicro Nano Technology (688147.SS), Trina Solar (688599.SS), eMemory Technology (3529.TWO), Loongson Technology (688047.SS), Shanghai Aiko Solar Energy (600732.SS).

Is Chengdu Ultra Pure Applied Materials expensive compared with its peers?

On ev / sales it trades at 50.3× against a peer median of 6.9×, most expensive of 21 in its peer set.

← CockpitCompetitor Analysis › 301717.SZ Chengdu Ultra Pure Applied Materials Co., Ltd. Class AOpen in the cockpit ↗

Chengdu Ultra Pure Applied Materials Co., Ltd. Class A301717.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Semiconductors

Makes ultra-pure wet chemicals (acids, etchants) used to clean and etch semiconductor wafers in fabs.

≈ A Chinese Stella Chemifa/Kanto Denka for semiconductor-grade chemicals

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$4.03B

US dollars, full cap

$/day

$72.8M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+11.0 pp

WACC 18.6%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥263.94

1D-7.3%

1W+3.3%

1M-17.9%

3Mn/a

6Mn/a

YTDn/a

1Yn/a

ATR %8.8%

52w lowhigh52.4% off high

What Chengdu Ultra Pure Applied Materials does

Makes ultra-pure wet chemicals (acids, etchants) used to clean and etch semiconductor wafers in fabs.

Sells ultra-pure acids and etchants that fabs consume continuously, so revenue repeats with wafer production once a purity grade has been approved, and each new customer needs a long qualification before any orders. It supplies mainly Chinese fabs, so growth follows their capacity additions.

In one line: A Chinese Stella Chemifa/Kanto Denka for semiconductor-grade chemicals.

Products and services

Ultra-pure sulfuric/hydrofluoric acid
Etching & cleaning chemicals
Photoresist-adjacent chemicals

Customers

Domestic foundries and memory fabs

Where it sits in the supply chain

Semiconductors
Semiconductor materials
Ultra-pure wet chemicals

What could go right

China wafer-fab capex and localization push

What could go wrong

Customer concentration in China semiconductor fabs
Capital-intensive purity/quality requirements

Moat: narrow (process know-how, customer qualification). Ultra-high purity production and fab qualification create switching costs once approved as a tool-of-record supplier.

Headquarters: Chengdu, China · Founded: 2015 · Employees: 356

Named competitors

Chengdu Ultra Pure Applied Materials at a glance

Size Chengdu Ultra Pure Applied Materials (301717.SZ) is a China Information Technology company (Semiconductors) with a market value of $4.03B, the 634th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥263.94 on 6 Nov 2026.

Growth Revenue grew 93.5% over the last twelve months (peer median +24.4%); the operating margin is 41.9% (peer median 3.0%).

Valuation It trades at 50.3× enterprise value to sales against a peer median of 6.9× (most expensive of 21).

Capital Return on invested capital runs 11.0 points above its cost of capital (18.6% WACC).

Chengdu Ultra Pure Applied Materials financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023
Revenue	n/a	CN¥493M	CN¥255M	CN¥167M
Revenue growth	—	+93%	+52%	—
Gross profit	n/a	CN¥286M	CN¥144M	CN¥103M
EBITDA	n/a	CN¥228M	CN¥104M	CN¥77.3M
Net income	n/a	CN¥185M	CN¥83.0M	CN¥64.8M
Free cash flow	n/a	CN¥101M	CN¥13.7M	CN¥7.75M
Capital expenditure	n/a	CN¥65.3M	CN¥73.9M	CN¥54.0M
Total debt	CN¥1.25M	CN¥0	CN¥934,357	CN¥0

Quarterly statements and history in the cockpit →

Chengdu Ultra Pure Applied Materials 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

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Chengdu Ultra Pure Applied Materials is the large dot.

Chengdu Ultra Pure Applied Materials competitors and peer comparison

Head to head with its named competitors (301717.SZ vs 4109.T vs 4047.T vs 300666.SZ)
Company	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g
Chengdu Ultra Pure Applied Materials 301717.SZ	$4.03B	n/a	+93%	42%	50.3×	n/a
Stella Chemifa 4109.T	$332M	-22%	+4%	12%	1.2×	6.5%
Kanto Denka Kogyo 4047.T	$570M	-6%	+13%	12%	1.6×	n/a
Konfoong Materials International 300666.SZ	$8.09B	+9%	+35%	10%	9.9×	n/a

How Chengdu Ultra Pure Applied Materials 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.

Chengdu Ultra Pure Applied Materials against its 20 peers (data as of 6 Nov 2026)
Measure	301717.SZ	Peer median	Rank in peer set
1-month return	-17.9%	-19.3%	10th highest of 21
Distance from 52-week high	-52.4%	-55.3%	8th highest of 21
Revenue growth (TTM)	+93.5%	+24.4%	2nd highest of 21
Operating margin	41.9%	3.0%	2nd highest of 21
EV / Sales	50.3×	6.9×	most expensive of 21
ROIC minus cost of capital	+11.0 pp	-8.4 pp	3rd highest of 20
Net debt / EBITDA	-9.1×	-0.3×	least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Chengdu Ultra Pure Applied Materials 301717.SZ	China	$4.03B	n/a	+93%	42%	50.3×	n/a	n/a
Allwinner Technology 300458.SZ	China	$4.02B	-25%	+26%	15%	7.5×	n/a	n/a
Jiangsu Leadmicro Nano Technology 688147.SS	China	$4.06B	-26%	-5%	3%	10.0×	n/a	n/a
Trina Solar 688599.SS	China	$3.90B	-36%	-3%	-9%	0.9×	-4.3%	+17.9%
eMemory Technology 3529.TWO	Taiwan	$4.17B	-58%	+17%	61%	30.2×	32.2%	+16.7%
Loongson Technology 688047.SS	China	$3.86B	-44%	+24%	-76%	37.5×	n/a	n/a
Shanghai Aiko Solar Energy 600732.SS	China	$4.23B	-13%	+25%	-8%	2.5×	n/a	n/a
Hunan Goke Microelectronics 300672.SZ	China	$4.24B	-27%	+54%	5%	9.2×	46.0%	+19.7%
Applied Optoelectronics AAOI	United States	$4.26B	-66%	+62%	-11%	6.8×	n/a	n/a
Premier Energies PREMIERENE.NS	India	$4.28B	-13%	+32%	25%	4.6×	n/a	n/a
Soitec SOI.PA	France	$3.79B	-38%	-34%	-6%	5.8×	25.0%	+0.3%
Hanwha Solutions 009830.KS	South Korea	$4.30B	-49%	+14%	0%	0.4×	n/a	n/a
Shenzhen Goodix Technology 603160.SS	China	$4.35B	-2%	-7%	6%	5.5×	26.7%	-6.8%
Bestechnic (Shanghai) 688608.SS	China	$4.41B	+2%	-26%	8%	8.9×	42.7%	+27.1%
Chongqing Genori Technology 688797.SS	China	$4.45B	n/a	+37%	29%	32.1×	n/a	n/a
MaxLinear MXL	United States	$4.48B	-51%	+56%	-1%	6.9×	n/a	n/a
Nordic Semiconductor NOD.OL	Norway	$3.62B	-12%	+15%	8%	4.1×	n/a	n/a
Maxscend Microelectronics 300782.SZ	China	$4.51B	-47%	-6%	-25%	8.0×	n/a	n/a
Linktel Technologies 301205.SZ	China	$3.60B	-39%	+54%	3%	14.9×	n/a	n/a
Macronix International 2337.TW	Taiwan	$4.52B	-53%	+127%	38%	2.3×	-7.5%	-6.2%
Suzhou Novosense Microelectronics 688052.SS	China	$3.60B	-15%	+77%	-2%	4.4×	n/a	n/a

Questions

Who are Chengdu Ultra Pure Applied Materials's main competitors?: Named competitors: Stella Chemifa (4109.T), Kanto Denka Kogyo (4047.T), Konfoong Materials (300666.SZ). The cockpit's measured peer set (industry) also includes Allwinner Technology (300458.SZ), Jiangsu Leadmicro Nano Technology (688147.SS), Trina Solar (688599.SS), eMemory Technology (3529.TWO), Loongson Technology (688047.SS), Shanghai Aiko Solar Energy (600732.SS).
Is Chengdu Ultra Pure Applied Materials expensive compared with its peers?: On ev / sales it trades at 50.3× against a peer median of 6.9×, most expensive of 21 in its peer set.