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One of the world's largest makers of PVA resin and vinylon fiber; also produces PVA optical film for LCD polarizers.
One of the world's largest makers of PVA resin and vinylon fiber; also produces PVA optical film for LCD polarizers.
Sells PVA, a chemical building block, in bulk to makers of textile fiber, adhesives and coatings, and converts part of it into optical film for display polarizers, a more specialised product. The Anhui provincial government, through its state group, controls the company.
Moat: narrow (scale, process know-how). Among the largest global PVA producers, with vertically integrated vinylon/optical-film production.
Headquarters: Bengbu, Anhui, China · Employees: 4,451
Size Anhui Wanwei Updated High-Tech Material Industry (600063.SS) is a China Materials company (Chemicals: Specialty) with a market value of $1.49B, the 1649th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.80 on 6 Nov 2026.
Performance Over six months the shares fell 31.8%, against -19.1% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 3.4% over the last twelve months (peer median +9.1%); the operating margin is 3.9% (peer median 8.8%).
Valuation It trades at 20.0× forward earnings against a peer median of 19.2× (8th most expensive of 18).
Capital Return on invested capital runs 3.3 points below its cost of capital (7.5% WACC).
Next results Next results expected around 19 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥8.30B | CN¥8.00B | CN¥8.00B | CN¥8.25B | CN¥9.89B |
| Revenue growth | — | 0% | -3% | -17% | — |
| Gross profit | CN¥1.57B | CN¥944M | CN¥959M | CN¥980M | CN¥2.39B |
| EBITDA | n/a | CN¥832M | CN¥780M | CN¥695M | CN¥1.95B |
| Net income | CN¥439M | CN¥434M | CN¥370M | CN¥342M | CN¥1.37B |
| Free cash flow | -CN¥2.02B | -CN¥319M | -CN¥179M | -CN¥983M | CN¥1.47B |
| Capital expenditure | CN¥1.65B | CN¥851M | CN¥588M | CN¥1.16B | CN¥845M |
| Total debt | CN¥4.32B | CN¥5.81B | CN¥5.63B | CN¥4.78B | CN¥3.83B |
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 |
|---|---|---|---|---|---|---|
| Anhui Wanwei Updated High-Tech Material Industry 600063.SS | $1.49B | -32% | +3% | 4% | 20.0× | n/a |
| Kuraray 3405.T | $3.52B | +14% | +3% | 7% | 15.0× | -0.2% |
| Sekisui Chemical 4204.T | $6.61B | +9% | +6% | 9% | 13.4× | n/a |
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 | 600063.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.4% | -16.1% | 8th highest of 21 |
| 6-month return | -31.8% | -19.1% | 8th lowest of 21 |
| Distance from 52-week high | -46.8% | -41.3% | 8th lowest of 21 |
| Revenue growth (TTM) | +3.4% | +9.1% | 7th lowest of 21 |
| Operating margin | 3.9% | 8.8% | 5th lowest of 21 |
| Forward P/E | 20.0× | 19.2× | 8th most expensive of 18 |
| ROIC minus cost of capital | -3.3 pp | -1.9 pp | 8th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Anhui Wanwei Updated High-Tech Material Industry 600063.SS | China | $1.49B | -32% | +3% | 4% | 20.0× | n/a | n/a |
| Shaily Engineering Plastics SHAILY.NS | India | $1.48B | +14% | +18% | 24% | 56.7× | 35.8% | +22.8% |
| KumhoPetrochem 011780.KS | South Korea | $1.50B | -37% | 0% | 7% | 4.3× | -16.5% | +7.5% |
| Denka 4061.T | Japan | $1.51B | -33% | -3% | 9% | 12.7× | n/a | n/a |
| Befar 601678.SS | China | $1.51B | -14% | +19% | 5% | 21.8× | -6.4% | +18.2% |
| Osaka Soda 4046.T | Japan | $1.52B | -2% | +8% | 19% | 13.5× | 5.1% | +0.5% |
| Stepan SCL | United States | $1.52B | +26% | +10% | 4% | 19.0× | 14.9% | +4.5% |
| LOTTE CHEMICAL 011170.KS | South Korea | $1.45B | -59% | +5% | -2% | n/a | n/a | n/a |
| Elementis ELM.L | United Kingdom | $1.45B | +34% | -12% | 20% | 16.9× | 16.9% | -4.8% |
| Jilin OLED Material Tech 688378.SS | China | $1.45B | -17% | +74% | 18% | 28.1× | 46.2% | +15.2% |
| Guangdong Orient Zirconic Industry Science & Technology 002167.SZ | China | $1.44B | +5% | +17% | 14% | 48.5× | 32.4% | +10.1% |
| Anhui Guangxin Agrochemical 603599.SS | China | $1.43B | -29% | -13% | 18% | 13.1× | -3.8% | +0.6% |
| ADAMA 000553.SZ | China | $1.55B | -33% | -6% | 3% | 30.7× | -7.2% | +0.3% |
| Proto Labs PRLB | United States | $1.57B | -5% | +12% | 8% | 27.4× | 26.8% | +4.2% |
| Genesis Energy, L.P GEL | United States | $1.57B | -21% | -17% | 19% | n/a | 2.2% | -2.2% |
| Shenzhen Rongda Photosensitive & Technology 300576.SZ | China | $1.40B | -31% | +14% | 10% | n/a | n/a | n/a |
| Shandong Dawn Polymer 002838.SZ | China | $1.40B | -35% | +31% | 6% | 19.3× | n/a | n/a |
| Guangdong Guanghua Sci-Tech 002741.SZ | China | $1.40B | -9% | +61% | 4% | 58.4× | n/a | n/a |
| Guangdong Dowstone Technology 300409.SZ | China | $1.59B | -50% | +34% | 6% | 14.0× | n/a | n/a |
| GCH Technology 688625.SS | China | $1.38B | -32% | +8% | 18% | 19.2× | 27.6% | +16.3% |
| Tokuyama 4043.T | Japan | $1.63B | -11% | +7% | 9% | 5.8× | 1.1% | +2.9% |