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← CockpitCompetitor Analysis › 600552.SS Triumph Science & Technology Co., Ltd. Class AOpen in the cockpit ↗

Triumph Science & Technology Co., Ltd. Class A600552.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Industrial Specialties

Chinese glass-industry technology group, part of the China Triumph (CTIEC) glass engineering conglomerate, developing glass and display materials technology.

Momentum weak 21
Mkt cap
$1.76B
US dollars, full cap
Free float
65%
of shares outstanding
$/day
$61.9M
20-day average traded
Fwd P/E
65.5×
forward earnings
ROIC−WACC
-4.3 pp
WACC 8.6%
Hurdle
+18 pp
Req g minus delivered
Next earnings
146 days
1 Apr 2027
Close · CNYCN¥12.44
1D-3.9%
1W+5.9%
1M-22.2%
3M-16.0%
6M-19.9%
YTD+0.3%
1Y+7.9%
ATR %6.2%
52w lowhigh63.0% off high

What Triumph Science & Technology does

Chinese glass-industry technology group, part of the China Triumph (CTIEC) glass engineering conglomerate, developing glass and display materials technology.

Products and services

  • Glass processing technology
  • Display/touch panel materials

Customers

  • Glass and display panel manufacturers

Where it sits in the supply chain

  • Materials
  • Glass and display materials
  • Glass technology

What could go right

  • Display and specialty glass demand

What could go wrong

  • Cyclical glass/display industry capex

Moat: narrow (process know-how). Glass-melting and processing engineering know-how tied to the state-owned Triumph glass engineering group.

Headquarters: Bengbu, China · Employees: 6,529

Named competitors

Triumph Science & Technology at a glance

Size Triumph Science & Technology (600552.SS) is a China Materials company (Industrial Specialties) with a market value of $1.76B, the 1411th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.44 on 6 Nov 2026.

Performance Over six months the shares fell 19.9%, against -10.6% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 12.2% over the last twelve months (peer median +13.4%); the operating margin is 4.6% (peer median 9.9%).

Valuation It trades at 65.5× forward earnings against a peer median of 21.9× (2nd most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +18 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 4.3 points below its cost of capital (8.6% WACC).

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026Peer median 88600552.SS 78
Six months, rebased to 100: Triumph Science & Technology against the median of its 20 peers (local-currency closes).

Triumph Science & Technology financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥6.31BCN¥5.87BCN¥4.89BCN¥5.00BCN¥4.70B
Revenue growth—+20%-2%+6%—
Gross profitCN¥1.41BCN¥954MCN¥737MCN¥565MCN¥711M
EBITDAn/aCN¥678MCN¥564MCN¥407MCN¥603M
Net incomeCN¥129MCN¥129MCN¥140MCN¥107MCN¥142M
Free cash flowCN¥235MCN¥92.3M-CN¥858M-CN¥566M-CN¥7.38M
Capital expenditureCN¥302MCN¥386MCN¥1.01BCN¥713MCN¥418M
Total debtCN¥5.80BCN¥5.64BCN¥5.09BCN¥3.65BCN¥3.37B

Quarterly statements and history in the cockpit →

Triumph Science & 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%+20%-20%0%0024400020964206KANSAINER0005527966688700002380OLN3001924966GRAPHITE002226CARBORUNIV600783605488603530300861GRINDWELL600552.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Triumph Science & Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%0×50×100×0024400020964206KANSAINER00055279666887000023803001924966GRAPHITE002226CARBORUNIV605488600552.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Triumph Science & Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%0024400020964206KANSAINER7966688700002380OLN3001924966002226CARBORUNIV600783605488603530300861GRINDWELL600552.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. Triumph Science & Technology is the large dot.

Triumph Science & Technology competitors and peer comparison

Head to head with its named competitors (600552.SS vs GLW vs 5201.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Triumph Science & Technology 600552.SS$1.76B-20%+12%5%65.5×21.3%
Corning GLW$91.4B-43%+19%17%25.4×24.7%
Agc 5201.T$6.33B-15%+6%6%12.6×4.8%

How Triumph Science & 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.

Triumph Science & Technology against its 20 peers (data as of 6 Nov 2026)
Measure600552.SSPeer medianRank in peer set
1-month return-22.2%-10.6%5th lowest of 21
6-month return-19.9%-10.6%8th lowest of 21
Distance from 52-week high-63.0%-34.5%3rd lowest of 21
Revenue growth (TTM)+12.2%+13.4%10th lowest of 21
Operating margin4.6%9.9%5th lowest of 21
Forward P/E65.5×21.9×2nd most expensive of 19
Growth the price implies (Req g, 7 yrs)21.3%16.1%10th least demanding of 19
Growth delivered (Del g)+3.1%+10.8%4th lowest of 19
Hurdle (Req g minus delivered)+18.2 pp+0.7 pp6th most demanding of 19
ROIC minus cost of capital-4.3 pp+1.1 pp5th lowest 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
Triumph Science & Technology 600552.SSChina$1.76B-20%+12%5%65.5×21.3%+3.1%
Zhejiang Runtu 002440.SZChina$1.77B-1%+23%17%8.5×-5.5%+2.0%
Explosive 002096.SZChina$1.74B-14%-3%9%12.8×-2.5%+37.7%
Aica Kogyo 4206.TJapan$1.68B+19%+5%12%12.6×-7.0%+7.6%
Kansai Nerolac Paints KANSAINER.NSIndia$1.67B-7%+10%9%22.1×22.1%+9.7%
Gansu Energy Chemical 000552.SZChina$1.86B-19%+11%3%33.4×n/an/a
Lintec 7966.TJapan$1.87B-14%+3%8%12.2×1.5%+6.2%
Kunshan Dongwei Technology 688700.SSChina$1.64B-40%+56%13%34.2×23.1%+14.5%
KCC 002380.KSSouth Korea$1.91B-34%0%6%2.1×3.8%+5.0%
Olin OLNUnited States$1.97B-36%-1%0%n/a44.0%+3.3%
Suzhou Kingswood Education Technology 300192.SZChina$1.55B+24%-6%12%59.3×44.2%-2.3%
C. Uyemura & 4966.TJapan$1.54B-34%+16%23%14.0×5.0%+10.4%
Graphite India GRAPHITE.NSIndia$1.50B0%+22%9%21.8×n/an/a
Anhui Jiangnan Chemical Industry 002226.SZChina$2.07B-3%+13%11%16.8×-3.0%+20.5%
Carborundum Universal CARBORUNIV.NSIndia$2.10B+4%+12%7%44.5×43.4%+14.6%
Luxin Venture Capital 600783.SSChina$1.45B-40%+24%-50%n/a40.2%-6.1%
Zhejiang Fulai New Material 605488.SSChina$2.21B+47%+19%2%134.6×31.8%+17.6%
Jiangsu Shemar Electric 603530.SSChina$2.23B-44%+17%29%26.2×23.4%+21.1%
Yangling Metron New Material 300861.SZChina$1.39B-31%+23%16%21.1×9.6%+12.5%
Grindwell Norton GRINDWELL.NSIndia$2.25B+16%+14%16%39.5×37.8%+13.4%
Supreme Petrochem SPLPETRO.NSIndia$1.38B-6%+21%11%22.1×10.1%+11.1%

Questions

Who are Triumph Science & Technology's main competitors?
Named competitors: Corning (GLW), AGC (5201.T). The cockpit's measured peer set (industry) also includes Zhejiang Runtu (002440.SZ), Explosive (002096.SZ), Aica Kogyo (4206.T), Kansai Nerolac Paints (KANSAINER.NS), Gansu Energy Chemical (000552.SZ), Lintec (7966.T).
Is Triumph Science & Technology expensive compared with its peers?
On forward p/e it trades at 65.5× against a peer median of 21.9×, 2nd most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +18 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 Triumph Science & Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -19.9% against -10.6% for the median peer; over one year +7.9%.

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.