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← CockpitCompetitor Analysis › 600328.SS CNSIG Inner Mongolia Chemical Industry Co., Ltd. Class AOpen in the cockpit ↗

CNSIG Inner Mongolia Chemical Industry Co., Ltd. Class A600328.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Major Diversified

Inner Mongolia-based chemical producer under the state-owned China National Salt Industry Group (CNSIG), likely making soda ash and related basic chemicals.

Momentum weak 27
Mkt cap
$1.21B
US dollars, full cap
Free float
49%
of shares outstanding
$/day
$10.6M
20-day average traded
P/B
0.70×
price to book
ROE
-4.8%
delivered
Implied ROE
6.3%
what the price asks
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥5.51
1D-0.7%
1W+5.6%
1M-3.3%
3M-15.6%
6M-32.0%
YTD-33.1%
1Y-30.2%
ATR %2.5%
52w lowhigh48.2% off high

What CNSIG Inner Mongolia Chemical Industry does

Inner Mongolia-based chemical producer under the state-owned China National Salt Industry Group (CNSIG), likely making soda ash and related basic chemicals.

Products and services

  • Soda ash
  • Other basic chemicals

Customers

  • Glass/detergent manufacturers

Where it sits in the supply chain

  • Materials
  • Basic & diversified chemicals
  • Soda ash / salt chemicals

What could go wrong

  • Commodity chemical price cycles

Moat: none (regulatory licence). State-backed commodity chemical producer without strong product differentiation.

Headquarters: Inner Mongolia, China · Employees: 8,748

Named competitors

CNSIG Inner Mongolia Chemical Industry at a glance

Size CNSIG Inner Mongolia Chemical Industry (600328.SS) is a China Materials company (Chemicals: Major Diversified) with a market value of $1.21B, the 1952nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.51 on 6 Nov 2026.

Performance Over six months the shares fell 32.0%, against -28.4% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.

Growth Revenue fell 20.3% over the last twelve months (peer median +4.7%); the operating margin is -6.6% (peer median 15.1%).

Valuation It trades at 0.70× book value against a peer median of 2.13× (2nd cheapest of 21).

Price implies The share price implies a return on equity of about 6.3%; CNSIG Inner Mongolia Chemical Industry delivers -4.8%, so the price asks more than the business earns today.

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 71600328.SS 69
Six months, rebased to 100: CNSIG Inner Mongolia Chemical Industry against the median of its 20 peers (local-currency closes).

CNSIG Inner Mongolia Chemical Industry financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥9.64BCN¥11.3BCN¥12.9BCN¥16.2BCN¥19.0B
Revenue growth—-12%-21%-15%—
Gross profitCN¥1.10BCN¥959MCN¥2.12BCN¥3.73BCN¥4.91B
EBITDAn/aCN¥1.16BCN¥2.07BCN¥3.28BCN¥4.42B
Net income-CN¥559MCN¥73.9MCN¥519MCN¥1.19BCN¥1.86B
Free cash flow-CN¥626M-CN¥6.86BCN¥10.9MCN¥1.60BCN¥1.71B
Capital expenditureCN¥486MCN¥6.98BCN¥626MCN¥63.2MCN¥41.5M
Total debtCN¥5.44BCN¥6.48BCN¥2.31BCN¥1.69BCN¥3.81B

Quarterly statements and history in the cockpit →

CNSIG Inner Mongolia Chemical Industry 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

-50%0%+50%-40%-20%0%60328140413009104763LXS014680301090457190603200002585300596PRIVISCL603360VCT000420214370300641600328.SS6-month return →1-month return →
Up and to the right = strong over both horizons. CNSIG Inner Mongolia Chemical Industry is the large dot.

Fundamentals: return on equity against price-to-book

0%10%20%2.50×50×7.50×60328140413009104763LXS014680301090457190603200002585PRIVISCL603360VCT000420214370300641JUBLINGREAACT0600328.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. CNSIG Inner Mongolia Chemical Industry is the large dot.

Capital: ROE delivered against the ROE the price implies

0%25%50%75%0%50%60328140413009104763LXS457190603200002585PRIVISCL603360VCT000420214370300641JUBLINGREAACT0600328.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. CNSIG Inner Mongolia Chemical Industry is the large dot.

CNSIG Inner Mongolia Chemical Industry competitors and peer comparison

Head to head with its named competitors (600328.SS vs 603299.SS)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
CNSIG Inner Mongolia Chemical Industry 600328.SS$1.21B-32%-20%-5%0.70×6.3%
Jiang Su Suyan Jingshen 603299.SS$1.28B-18%-5%4%1.06×5.9%

How CNSIG Inner Mongolia Chemical Industry 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.

CNSIG Inner Mongolia Chemical Industry against its 20 peers (data as of 6 Nov 2026)
Measure600328.SSPeer medianRank in peer set
1-month return-3.3%-10.0%5th highest of 21
6-month return-32.0%-28.4%7th lowest of 20
Return on equity-4.8%9.8%3rd lowest of 21
Price / book0.70×2.13×2nd cheapest of 21
ROE the price implies6.3%17.5%2nd least demanding of 21
ROE delivered-4.8%9.8%3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
CNSIG Inner Mongolia Chemical Industry 600328.SSChina$1.21B-32%-20%-5%0.70×6.3%-4.8%
Hubei Jianghan New Materials 603281.SSChina$1.20B-30%+8%8%1.83×14.1%7.6%
Nippon Soda 4041.TJapan$1.19B-5%-1%9%0.87×6.3%9.2%
Xinxiang Richful Lube Additive 300910.SZChina$1.26B-38%+12%18%2.16×14.0%17.7%
Jinan Acetate Chemical 4763.TWTaiwan$1.26B-3%-36%23%2.13×7.1%23.3%
Lanxess LXS.DEGermany$1.27B-30%-10%-18%0.33×5.0%-17.9%
Hanchem 014680.KSSouth Korea$1.30B-40%+15%15%1.68×13.2%14.5%
China Resources Chemical Innovative Materials 301090.SZChina$1.35B-33%+4%4%1.36×12.9%4.2%
Isuspecialtychemical 457190.KSSouth Korea$1.36B-49%+14%5%13.57×91.9%5.1%
Shanghai Emperor of Cleaning Hi-Tech 603200.SSChina$1.37B-16%+4%-5%8.50×71.5%-4.6%
Jiangsu Shuangxing Color Plastic New Materials 002585.SZChina$1.38B+5%-4%-3%1.12×14.4%-3.4%
Rianlon 300596.SZChina$1.39B-7%+11%12%1.80×13.6%11.7%
Privi Speciality Chemicals PRIVISCL.NSIndia$1.40B-4%+18%26%8.35×98.6%26.5%
Dalian Bio-Chem 603360.SSChina$1.05B-55%0%10%4.99×27.5%10.1%
Victrex VCT.LUnited Kingdom$1.04B+54%-1%-5%2.14×21.3%-4.9%
Jilin Chemical Fibre Stock 000420.SZChina$1.42B-25%+11%0%2.13×18.1%0.3%
Caregen 214370.KSSouth Korea$1.01B-73%-8%10%6.29×33.0%10.5%
Jiangsu Zhengdan Chemical Industry 300641.SZChina$981M-28%-30%10%2.05×21.1%9.6%
Jubilant Ingrevia JUBLINGREA.NSIndia$966M-24%+15%11%2.72×38.8%11.0%
Alzchem ACT0.DEGermany$1.56Bn/a+5%25%4.91×19.3%25.2%
Zhejiang Huangma Technology 603181.SSChina$935M-30%+7%12%1.67×16.8%11.8%

Questions

Who are CNSIG Inner Mongolia Chemical Industry's main competitors?
Named competitors: Jiangsu Suyan Jingshen (603299.SS). The cockpit's measured peer set (industry) also includes Hubei Jianghan New Materials (603281.SS), Nippon Soda (4041.T), Xinxiang Richful Lube Additive (300910.SZ), Jinan Acetate Chemical (4763.TW), Lanxess (LXS.DE), Hanchem (014680.KS).
Is CNSIG Inner Mongolia Chemical Industry expensive compared with its peers?
On price / book it trades at 0.70× against a peer median of 2.13×, 2nd cheapest of 21 in its peer set. The share price implies a return on equity of about 6.3%; CNSIG Inner Mongolia Chemical Industry delivers -4.8%, so the price asks more than the business earns today.
How has CNSIG Inner Mongolia Chemical Industry stock performed?
Over six months to 6 Nov 2026 the shares returned -32.0% against -28.4% for the median peer; over one year -30.2%.

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.