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← CockpitCompetitor Analysis › 600361.SS Innovation New Material Technology Co., Ltd. Class AOpen in the cockpit ↗

Innovation New Material Technology Co., Ltd. Class A600361.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Aluminum

Chinese aluminum materials processing company; specific product lines not independently confirmed.

Momentum neutral 49
Mkt cap
$1.91B
US dollars, full cap
Free float
39%
of shares outstanding
$/day
$16.6M
20-day average traded
Fwd P/E
10.7×
forward earnings
ROIC−WACC
+1.9 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥3.41
1D-0.9%
1W+3.3%
1M-1.2%
3M-10.3%
6M-23.7%
YTD-19.6%
1Y-22.1%
ATR %2.3%
52w lowhigh33.9% off high

What Innovation New Material Technology does

Chinese aluminum materials processing company; specific product lines not independently confirmed.

Where it sits in the supply chain

  • Materials
  • Aluminum processing

Moat: none

Headquarters: China · Employees: 11,125

Innovation New Material Technology at a glance

Size Innovation New Material Technology (600361.SS) is a China Materials company (Aluminum) with a market value of $1.91B, the 1315th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.41 on 6 Nov 2026.

Performance Over six months the shares fell 23.7%, against -28.3% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 3.9% over the last twelve months (peer median +17.5%); the operating margin is 1.5% (peer median 8.1%).

Valuation It trades at 10.7× forward earnings against a peer median of 11.3× (7th cheapest of 15).

Capital Return on invested capital runs 1.9 points above its cost of capital (5.0% WACC).

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

Relative performance

8010011 May 202611 Aug 20266 Nov 2026600361.SS 76Peer median 70
Six months, rebased to 100: Innovation New Material Technology against the median of its 20 peers (local-currency closes).

Innovation New Material Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥83.2BCN¥77.0BCN¥80.9BCN¥72.8BCN¥69.3B
Revenue growth—-5%+11%+5%—
Gross profitCN¥2.91BCN¥2.22BCN¥2.57BCN¥2.22BCN¥2.24B
EBITDAn/aCN¥2.07BCN¥2.33BCN¥1.97BCN¥1.99B
Net incomeCN¥687MCN¥786MCN¥1.01BCN¥958MCN¥1.09B
Free cash flow-CN¥635M-CN¥2.28B-CN¥115M-CN¥1.73B-CN¥978M
Capital expenditureCN¥867MCN¥1.20BCN¥1.63BCN¥2.31BCN¥564M
Total debtCN¥13.9BCN¥15.0BCN¥12.1BCN¥7.40BCN¥7.26B

Quarterly statements and history in the cockpit →

Innovation New Material Technology 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

-40%-20%0%-30%-20%-10%0%601702GRNG6038765741600888KALU000612603115001400601677688811CSTMELKKTYCENX300337603271002988601388600361.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Innovation New Material Technology is the large dot.

Fundamentals: revenue growth against valuation

+10%+20%+30%+40%0×20×40×601702GRNG6038765741600888KALU603115601677CSTMKTYCENX600595002988600361.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Innovation New Material Technology is the large dot.

Innovation New Material Technology competitors and peer comparison

How Innovation New Material Technology 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.

Innovation New Material Technology against its 20 peers (data as of 6 Nov 2026)
Measure600361.SSPeer medianRank in peer set
1-month return-1.2%-9.1%3rd highest of 21
6-month return-23.7%-28.3%8th highest of 21
Distance from 52-week high-33.9%-43.8%5th highest of 21
Revenue growth (TTM)+3.9%+17.5%4th lowest of 21
Operating margin1.5%8.1%2nd lowest of 21
Forward P/E10.7×11.3×7th cheapest of 15
ROIC minus cost of capital+1.9 pp+1.5 pp10th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Innovation New Material Technology 600361.SSChina$1.91B-24%+4%1%10.7×n/an/a
Shanghai Huafon Aluminium Corporation 601702.SSChina$1.98B-29%+10%10%9.2×n/an/a
Granges GRNG.STSweden$1.83B-6%+27%6%12.1×n/an/a
Jiangsu Dingsheng New Material Joint-Stock 603876.SSChina$2.00B-52%+10%4%12.4×8.1%+16.2%
UACJ 5741.TJapan$2.06B-36%+28%9%6.2×-5.3%+15.7%
Xinjiang Joinworld 600888.SSChina$2.07B+3%+21%7%11.7×n/an/a
Kaiser Aluminum KALUUnited States$1.75B-41%+40%8%10.9×0.8%+23.5%
Jiaozuo Wanfang Aluminum Manufacturing 000612.SZChina$1.71B-28%+13%32%n/a-13.0%+6.6%
Nantong Haixing Electronics 603115.SSChina$1.62B-22%+21%8%33.5×n/an/a
Giansun Precision Technology 001400.SZChina$1.41B-35%0%10%n/an/an/a
Henan Mingtai Aluminum Industrial 601677.SSChina$2.70B-17%+19%6%7.2×-2.7%+16.6%
Grinm Metal Composites (Beijing) Technology 688811.SSChina$1.27B-30%0%11%n/an/an/a
Constellium CSTMUnited States$2.93B-36%+26%9%8.3×-6.8%+8.7%
Elkem ELK.OLNorway$1.18B+7%-12%3%n/a17.0%-7.2%
Grupa Kety KTY.WAPoland$3.15B+11%+8%15%16.9×6.6%+9.2%
Century Aluminum CENXUnited States$3.31B-43%+10%15%3.2×9.9%+9.5%
Henan Zhongfu Industrial 600595.SSChina$3.36B-28%+24%16%5.7×-10.2%+23.3%
Yinbang Clad Material 300337.SZChina$1.06B-38%+45%3%n/an/an/a
Yong Jie New Material 603271.SSChina$1.03B-33%+57%4%n/a9.1%+20.3%
Guangdong Haomei New Material 002988.SZChina$1.01B-22%+16%1%55.2×n/an/a
Yechiu Metal Recycling (China) 601388.SSChina$1.01B-25%+10%7%16.2×2.0%+6.2%

Questions

Which companies are Innovation New Material Technology's closest peers?
The cockpit's peer set: Shanghai Huafon Aluminium Corporation (601702.SS), Granges (GRNG.ST), Jiangsu Dingsheng New Material Joint-Stock (603876.SS), UACJ (5741.T), Xinjiang Joinworld (600888.SS), Kaiser Aluminum (KALU), Jiaozuo Wanfang Aluminum Manufacturing (000612.SZ), Nantong Haixing Electronics (603115.SS).
Is Innovation New Material Technology expensive compared with its peers?
On forward p/e it trades at 10.7× against a peer median of 11.3×, 7th cheapest of 15 in its peer set.
How has Innovation New Material Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -23.7% against -28.3% for the median peer; over one year -22.1%.

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.