Which companies are Daxin Materials's closest peers?

The cockpit's peer set: JCU (4975.T), Hubei Chaozhuo Aviation Technology (688237.SS), Xinyaqiang Silicon Chemistry (603155.SS), KH Neochem (4189.T), Jiangxi Hungpai New Material (605366.SS), Liaoning Oxiranchem,Inc (300082.SZ), Sanyo Chemical Industries (4471.T), Polyrocks Chemical (688669.SS).

How has Daxin Materials stock performed?

Over six months to 6 Nov 2026 the shares returned -42.4% against -19.6% for the median peer; over one year -29.9%.

← CockpitCompetitor Analysis › 5234.TW Daxin Materials CorporationOpen in the cockpit ↗

Daxin Materials Corporation5234.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Materials›Chemicals: Major Diversified

Momentum laggard 18

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$767M

US dollars, full cap

Free float

45%

of shares outstanding

$/day

$4.27M

20-day average traded

Fwd P/E

25.7×

forward earnings

ROIC−WACC

+20.3 pp

WACC 9.2%

Hurdle

+16 pp

Req g minus delivered

Next earnings

5 days

11 Nov 2026

Close · TWDNT$247.00

1D-4.6%

1W-6.6%

1M-19.5%

3M-22.9%

6M-42.4%

YTD-28.8%

1Y-29.9%

ATR %5.6%

52w lowhigh50.5% off high

What Daxin Materials does

Employees: 441

Daxin Materials at a glance

Size Daxin Materials (5234.TW) is a Taiwan Materials company (Chemicals: Major Diversified) with a market value of $767M, the 326th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$247.00 on 6 Nov 2026.

Performance Over six months the shares fell 42.4%, against -19.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 10.4% over the last twelve months (peer median +7.6%); the operating margin is 19.0% (peer median 7.2%).

Valuation It trades at 25.7× forward earnings against a peer median of 18.6× (6th most expensive of 13).

Price implies For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 20.3 points above its cost of capital (9.2% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Daxin Materials against the median of its 20 peers (local-currency closes).

Daxin Materials financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	NT$4.86B	NT$4.63B	NT$4.12B	NT$4.26B	NT$3.89B
Revenue growth	—	+12%	-3%	+10%	—
Gross profit	NT$1.97B	NT$1.82B	NT$1.46B	NT$1.42B	NT$1.18B
EBITDA	NT$1.19B	NT$1.12B	NT$878M	NT$871M	NT$659M
Net income	NT$861M	NT$757M	NT$571M	NT$523M	NT$426M
Free cash flow	NT$730M	NT$716M	NT$676M	NT$508M	NT$504M
Capital expenditure	NT$353M	NT$274M	NT$194M	NT$220M	NT$232M
Total debt	NT$369M	NT$348M	NT$550M	NT$524M	NT$550M

Quarterly statements and history in the cockpit →

Daxin 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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Daxin Materials is the large dot.

Fundamentals: revenue growth against valuation

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

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Daxin Materials is the large dot.

Daxin Materials competitors and peer comparison

How Daxin 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.

Daxin Materials against its 20 peers (data as of 6 Nov 2026)
Measure	5234.TW	Peer median	Rank in peer set
1-month return	-19.5%	-14.1%	6th lowest of 21
6-month return	-42.4%	-19.6%	2nd lowest of 21
Distance from 52-week high	-50.5%	-39.4%	6th lowest of 21
Revenue growth (TTM)	+10.4%	+7.6%	7th highest of 21
Operating margin	19.0%	7.2%	4th highest of 21
Forward P/E	25.7×	18.6×	6th most expensive of 13
Growth the price implies (Req g, 7 yrs)	17.7%	25.4%	5th least demanding of 11
Growth delivered (Del g)	+1.5%	+7.6%	4th lowest of 11
Hurdle (Req g minus delivered)	+16.2 pp	+9.4 pp	6th least demanding of 11
ROIC minus cost of capital	+20.3 pp	-4.4 pp	highest of 21
EV / EBITDA	20.6×	10.6×	3rd most expensive of 7
Net debt / EBITDA	-0.7×	-1.4×	4th most 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	Forward P/E	Req g	Delivered g
Daxin Materials 5234.TW	Taiwan	$767M	-42%	+10%	19%	25.7×	17.7%	+1.5%
JCU 4975.T	Japan	$759M	-26%	+2%	40%	13.6×	6.3%	+7.0%
Hubei Chaozhuo Aviation Technology 688237.SS	China	$776M	+6%	-1%	1%	41.5×	45.3%	+26.0%
Xinyaqiang Silicon Chemistry 603155.SS	China	$788M	-6%	+6%	10%	37.0×	31.1%	+3.9%
KH Neochem 4189.T	Japan	$732M	+20%	-11%	12%	12.3×	-5.7%	+8.3%
Jiangxi Hungpai New Material 605366.SS	China	$821M	-47%	+2%	-11%	236.0×	n/a	n/a
Liaoning Oxiranchem,Inc 300082.SZ	China	$716M	-39%	+4%	0%	35.1×	n/a	n/a
Sanyo Chemical Industries 4471.T	Japan	$823M	+24%	0%	10%	10.5×	-5.1%	-2.5%
Polyrocks Chemical 688669.SS	China	$831M	+40%	-8%	-6%	n/a	35.9%	+15.2%
Raghav Productivity Enhancers RPEL.NS	India	$864M	+133%	+38%	28%	n/a	n/a	n/a
Suzhou Highfine Biotech 301393.SZ	China	$865M	-8%	+36%	17%	32.3×	n/a	n/a
Jiansu Huachang Chemical 002274.SZ	China	$679M	-25%	+9%	-3%	5.7×	23.6%	+1.3%
Ningxia Zhongke Biotechnology 600165.SS	China	$679M	-19%	+8%	-73%	n/a	n/a	n/a
Guangzhou Sanfu Newmaterials Technology 688359.SS	China	$870M	-41%	+8%	-7%	n/a	n/a	n/a
Shandong Sanyuan Biotechnology 301206.SZ	China	$676M	-18%	+15%	4%	n/a	n/a	n/a
Shandong Yanggu Huatai Chemical 300121.SZ	China	$648M	-20%	+11%	8%	16.1×	3.2%	+12.1%
Shandong Jianbang New Material 603285.SS	China	$631M	-40%	+8%	22%	n/a	n/a	n/a
Zhejiang Huangma Technology 603181.SS	China	$935M	-30%	+7%	17%	14.5×	n/a	n/a
Hunan Xiangtou Goldsky Titanium Industry Technology 688750.SS	China	$629M	-27%	+4%	6%	n/a	30.5%	-4.3%
Hunan Lead Power Technology 300530.SZ	China	$621M	+2%	+16%	-61%	n/a	n/a	n/a
Jubilant Ingrevia JUBLINGREA.NS	India	$966M	-24%	+15%	10%	21.1×	27.3%	+44.9%

Questions

Which companies are Daxin Materials's closest peers?: The cockpit's peer set: JCU (4975.T), Hubei Chaozhuo Aviation Technology (688237.SS), Xinyaqiang Silicon Chemistry (603155.SS), KH Neochem (4189.T), Jiangxi Hungpai New Material (605366.SS), Liaoning Oxiranchem,Inc (300082.SZ), Sanyo Chemical Industries (4471.T), Polyrocks Chemical (688669.SS).
Is Daxin Materials expensive compared with its peers?: On forward p/e it trades at 25.7× against a peer median of 18.6×, 6th most expensive of 13 in its peer set. For today's price to make sense, revenue must grow about 18% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Daxin Materials stock performed?: Over six months to 6 Nov 2026 the shares returned -42.4% against -19.6% for the median peer; over one year -29.9%.