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Employees: 1,809
Size Zhejiang Qianjiang Biochemical (600796.SS) is a China Materials company (Chemicals: Agricultural) with a market value of $629M, the 3308th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.84 on 6 Nov 2026.
Performance Over six months the shares fell 23.7%, against -22.9% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue fell 2.2% over the last twelve months (peer median +8.1%); the operating margin is 11.2% (peer median 3.5%).
Valuation It trades at 3.2× enterprise value to sales against a peer median of 1.1× (2nd most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +10 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 2.2 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.65B | CN¥1.69B | CN¥1.77B | CN¥2.03B | CN¥2.01B |
| Revenue growth | — | -4% | -13% | +1% | — |
| Gross profit | CN¥405M | CN¥396M | CN¥378M | CN¥445M | CN¥408M |
| EBITDA | CN¥357M | CN¥389M | CN¥400M | CN¥481M | CN¥479M |
| Net income | CN¥137M | CN¥166M | CN¥160M | CN¥211M | CN¥206M |
| Free cash flow | CN¥323M | CN¥230M | -CN¥394M | CN¥202M | CN¥82.4M |
| Capital expenditure | CN¥242M | CN¥446M | CN¥819M | CN¥234M | CN¥368M |
| Total debt | CN¥1.94B | CN¥2.05B | CN¥2.59B | CN¥2.04B | CN¥2.08B |
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.
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| Measure | 600796.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.5% | -7.2% | 7th highest of 21 |
| 6-month return | -23.7% | -22.9% | 9th lowest of 21 |
| Distance from 52-week high | -33.6% | -36.1% | 10th highest of 21 |
| Revenue growth (TTM) | -2.2% | +8.1% | 4th lowest of 21 |
| Operating margin | 11.2% | 3.5% | 3rd highest of 21 |
| EV / Sales | 3.2× | 1.1× | 2nd most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 7.8% | -1.0% | 5th most demanding of 11 |
| Growth delivered (Del g) | -2.0% | +3.3% | lowest of 11 |
| Hurdle (Req g minus delivered) | +9.8 pp | -3.7 pp | 3rd most demanding of 11 |
| ROIC minus cost of capital | -2.2 pp | -1.8 pp | 8th lowest of 21 |
| EV / EBITDA | 14.9× | 6.6× | 2nd most expensive of 7 |
| Net debt / EBITDA | 3.0× | 1.0× | 3rd most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhejiang Qianjiang Biochemical 600796.SS | China | $629M | -24% | -2% | 11% | 3.2× | 7.8% | -2.0% |
| Sdic Fengle Seed 000713.SZ | China | $664M | -15% | +10% | 2% | 1.1× | 12.2% | +3.4% |
| Anhui Huilong Agricultural Means of Production .Co 002556.SZ | China | $594M | -31% | 0% | 1% | 0.5× | 8.7% | -1.2% |
| Sichuan Guoguang Agrochemical 002749.SZ | China | $668M | -24% | -2% | 18% | 1.9× | -8.5% | +12.2% |
| Rashtriya Chemicals & Fertilizers RCF.NS | India | $590M | -23% | +18% | 4% | 0.3× | n/a | n/a |
| Gujarat State Fertilizers & Chemicals GSFC.NS | India | $588M | -22% | +37% | 3% | 0.4× | 23.2% | +3.2% |
| Suzhou Fengbei Biotech Stock 603334.SS | China | $586M | -44% | +63% | 4% | 1.1× | n/a | n/a |
| Jiangxi Fanli Digital Technology 600228.SS | China | $539M | +39% | +140% | -7% | 4.7× | n/a | n/a |
| Nihon Nohyaku 4997.T | Japan | $522M | +6% | +7% | 10% | 0.8× | -7.1% | +9.3% |
| LSB Industries LXU | United States | $763M | -24% | +13% | 11% | 1.6× | -0.8% | +11.9% |
| Sinon 1712.TW | Taiwan | $514M | -4% | 0% | 7% | 1.0× | -4.3% | +1.3% |
| Limin 002734.SZ | China | $778M | -37% | -6% | 8% | 1.4× | -1.2% | +0.6% |
| Krishana Phoschem KRISHANA.NS | India | $781M | +79% | +73% | 11% | 2.9× | n/a | n/a |
| Kumiai Chemical Industry 4996.T | Japan | $499M | -17% | +7% | 4% | 0.6× | -8.5% | +9.7% |
| Anhui Sierte Fertilizer Industry 002538.SZ | China | $794M | -15% | +9% | 3% | 1.0× | n/a | n/a |
| CNSIG Anhui Hongsifang Fertilizer 603395.SS | China | $798M | -23% | +3% | 0% | 1.6× | n/a | n/a |
| Guizhou Chitianhua 600227.SS | China | $803M | -22% | -2% | -5% | 2.7× | 10.3% | +2.4% |
| Kingenta Ecological Engineering 002470.SZ | China | $827M | -39% | +9% | -5% | 1.1× | n/a | n/a |
| Kunming Chuan Jin Nuo Chemical 300505.SZ | China | $838M | -34% | +14% | 10% | 1.4× | n/a | n/a |
| Hailir Pesticides & Chemicals 603639.SS | China | $463M | -29% | -9% | 1% | 1.1× | n/a | n/a |
| Jiangsu Changqing Agrochemical 002391.SZ | China | $461M | -28% | -2% | 3% | 1.8× | n/a | n/a |