Loading…
← CockpitCompetitor Analysis › 600425.SS Xinjiang Qingsong Building Materials & Chemicals (Group) Co., Ltd Class AOpen in the cockpit ↗

Xinjiang Qingsong Building Materials & Chemicals (Group) Co., Ltd Class A600425.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Construction Materials
Momentum strong 67
Mkt cap
$833M
US dollars, full cap
Free float
56%
of shares outstanding
$/day
$7.55M
20-day average traded
Fwd P/E
17.3×
forward earnings
ROIC−WACC
-2.5 pp
WACC 6.0%
Hurdle
-3 pp
Req g minus delivered
Next earnings
140 days
26 Mar 2027
Close · CNYCN¥3.46
1D-1.7%
1W-0.3%
1M-4.7%
3M-2.0%
6M-15.6%
YTD-16.8%
1Y-28.5%
ATR %2.9%
52w lowhigh31.5% off high

What Xinjiang Qingsong Building Materials & Chemicals (Group) does

Employees: 3,013

Xinjiang Qingsong Building Materials & Chemicals (Group) at a glance

Size Xinjiang Qingsong Building Materials & Chemicals (Group) (600425.SS) is a China Materials company (Construction Materials) with a market value of $833M, the 2662nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.46 on 6 Nov 2026.

Performance Over six months the shares fell 15.6%, against -10.8% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue fell 8.2% over the last twelve months (peer median -3.1%); the operating margin is 9.2% (peer median 6.9%).

Valuation It trades at 17.3× forward earnings against a peer median of 16.6× (7th most expensive of 14).

Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.5 points below its cost of capital (6.0% WACC).

Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 88600425.SS 84
Six months, rebased to 100: Xinjiang Qingsong Building Materials & Chemicals (Group) against the median of its 20 peers (local-currency closes).

Xinjiang Qingsong Building Materials & Chemicals (Group) financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥3.69BCN¥3.87BCN¥4.31BCN¥4.43BCN¥3.72B
Revenue growth—-10%-3%+19%—
Gross profitCN¥817MCN¥807MCN¥923MCN¥990MCN¥899M
EBITDACN¥795MCN¥788MCN¥807MCN¥984MCN¥769M
Net incomeCN¥291MCN¥276MCN¥354MCN¥463MCN¥415M
Free cash flowCN¥640MCN¥362MCN¥119MCN¥277MCN¥63.4M
Capital expenditureCN¥144MCN¥205MCN¥248MCN¥199MCN¥170M
Total debtCN¥1.59BCN¥1.51BCN¥1.86BCN¥2.30BCN¥2.43B

Quarterly statements and history in the cockpit →

Xinjiang Qingsong Building Materials & Chemicals (Group) 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%-25%0%+25%+50%-20%0%NWPX6004490006080012121313002302P52003012600881300720782152322504WGNRMIX5273LOMACPAC688119600425.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Xinjiang Qingsong Building Materials & Chemicals (Group) is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%10×20×30×NWPX600449P52003012300720782152322504WGNLOMA7943CPAC600425.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xinjiang Qingsong Building Materials & Chemicals (Group) is the large dot.

Capital: growth delivered against growth the price implies

-20%-10%0%+10%+20%-20%0%20%NWPX6004491313002302P52003012600881300720782152322504WGN5273LOMACPAC688119600425.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Xinjiang Qingsong Building Materials & Chemicals (Group) is the large dot.

Xinjiang Qingsong Building Materials & Chemicals (Group) competitors and peer comparison

How Xinjiang Qingsong Building Materials & Chemicals (Group) 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.

Xinjiang Qingsong Building Materials & Chemicals (Group) against its 20 peers (data as of 6 Nov 2026)
Measure600425.SSPeer medianRank in peer set
1-month return-4.7%-3.8%10th lowest of 21
6-month return-15.6%-10.8%9th lowest of 21
Distance from 52-week high-31.5%-27.6%10th lowest of 21
Revenue growth (TTM)-8.2%-3.1%8th lowest of 20
Operating margin9.2%6.9%8th highest of 21
Forward P/E17.3×16.6×7th most expensive of 14
Growth the price implies (Req g, 7 yrs)2.0%-3.6%8th most demanding of 18
Growth delivered (Del g)+5.1%+3.5%8th highest of 18
Hurdle (Req g minus delivered)-3.2 pp-3.9 pp9th most demanding of 18
ROIC minus cost of capital-2.5 pp-2.1 pp10th lowest of 21
EV / EBITDA7.6×8.1×6th cheapest of 13
Net debt / EBITDA0.2×1.3×5th least indebted of 13

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
Xinjiang Qingsong Building Materials & Chemicals (Group) 600425.SSChina$833M-16%-8%9%17.3×2.0%+5.1%
NWPX Infrastructure NWPXUnited States$841M-22%+16%12%17.5×6.2%+12.9%
Ningxia Building Materials 600449.SSChina$818M-12%-36%0%19.0×-3.6%+0.3%
Yang Guang 000608.SZChina$814M+60%+68%4%n/an/an/a
Sinostone (Guangdong) 001212.SZChina$814M-52%-21%-18%n/an/an/a
China Resources Building Materials Technology 1313.HKHong Kong$873M-31%-12%-3%n/a-8.1%-10.6%
China West Construction 002302.SZChina$884M-16%-24%-7%n/a12.5%-5.0%
Pan-United P52.SISingapore$784M-9%+26%7%15.4×-5.3%+17.3%
Guangdong Dongpeng 003012.SZChina$779M-24%-15%0%29.8×-3.8%-3.3%
Jilin Yatai (Group) 600881.SSChina$776M+3%-15%-21%n/a5.0%-20.1%
Hanilcmt 300720.KSSouth Korea$905M-4%-10%11%11.9×-3.2%+7.9%
Maeda Kosen 7821.TJapan$944M+21%+11%17%14.8×-4.7%+10.6%
Sumitomo Osaka Cement 5232.TJapan$969M+49%+5%7%13.7×4.6%-1.3%
Goldsun Building Materials 2504.TWTaiwan$1.06B-14%-3%22%8.4×-7.1%+3.6%
Wagners WGN.AXAustralia$650M-4%+17%12%20.7×10.2%+9.5%
Suncrete RMIXUnited States$646M-47%n/a1%61.2×n/an/a
Mitani Sekisan 5273.TJapan$1.12B+33%+9%18%n/a-8.4%+7.7%
Loma Negra Compania Industrial Argentina SA Sponsored ADR LOMAUnited States$1.12B-21%-5%9%16.6×13.6%+2.9%
Nichiha 7943.TJapan$599M-10%-3%7%13.0×-3.7%+3.5%
Cementos Pacasmayo SAA Sponsored ADR CPACUnited States$1.16B+20%+21%25%22.2×-9.8%+9.9%
Sinosteel Luonai Materials Technology 688119.SSChina$597M-32%-2%-13%n/a3.7%-0.3%

Questions

Which companies are Xinjiang Qingsong Building Materials & Chemicals (Group)'s closest peers?
The cockpit's peer set: NWPX Infrastructure (NWPX), Ningxia Building Materials (600449.SS), Yang Guang (000608.SZ), Sinostone (Guangdong) (001212.SZ), China Resources Building Materials Technology (1313.HK), China West Construction (002302.SZ), Pan-United (P52.SI), Guangdong Dongpeng (003012.SZ).
Is Xinjiang Qingsong Building Materials & Chemicals (Group) expensive compared with its peers?
On forward p/e it trades at 17.3× against a peer median of 16.6×, 7th most expensive of 14 in its peer set. For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has Xinjiang Qingsong Building Materials & Chemicals (Group) stock performed?
Over six months to 6 Nov 2026 the shares returned -15.6% against -10.8% for the median peer; over one year -28.5%.

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.