Who are Snowsky Salt Industry's main competitors?

Named competitors: China Salt Group (private or unlisted), Regional provincial salt companies (private or unlisted). The cockpit's measured peer set (industry) also includes Italmobiliare (ITM.MI), Nisshin OilliO (2602.T), Lotte (004990.KS), Shandong Bailong Chuangyuan Bio-Tech (605016.SS), Bikaji Foods International (BIKAJI.NS), Morinaga & (2201.T).

Is Snowsky Salt Industry expensive compared with its peers?

On forward p/e it trades at 54.7× against a peer median of 21.1×, 2nd most expensive of 17 in its peer set.

How has Snowsky Salt Industry stock performed?

Over six months to 6 Nov 2026 the shares returned -28.7% against -14.7% for the median peer; over one year -17.0%.

← CockpitCompetitor Analysis › 600929.SS Snowsky Salt Industry Group CO., Ltd. Class AOpen in the cockpit ↗

Snowsky Salt Industry Group CO., Ltd. Class A600929.SSCompetitor analysis, valuation and peers

China · CNY·Consumer Staples›Food: Specialty/Candy

Hunan-based salt producer making edible, industrial and well/rock salt products, a leading player post salt-market reform.

≈ A regional Chinese salt producer, akin to a smaller Compass MineralsMomentum neutral 40

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.20B

US dollars, full cap

Free float

31%

of shares outstanding

$/day

$13.7M

20-day average traded

Fwd P/E

54.7×

forward earnings

ROIC−WACC

-4.3 pp

WACC 8.1%

Hurdle

n/a

no reverse DCF

Next earnings

172 days

27 Apr 2027

Close · CNYCN¥4.92

1D+0.4%

1W+7.7%

1M-16.3%

3M-0.6%

6M-28.7%

YTD-12.9%

1Y-17.0%

ATR %4.2%

52w lowhigh32.9% off high

What Snowsky Salt Industry does

Hunan-based salt producer making edible, industrial and well/rock salt products, a leading player post salt-market reform.

In one line: A regional Chinese salt producer, akin to a smaller Compass Minerals.

Products and services

Edible salt
Industrial salt
Salt-chemical byproducts

Customers

Retail consumers
Chemical/industrial buyers
Food manufacturers

Where it sits in the supply chain

Materials
Salt/chemicals
Edible & industrial salt production

What could go right

Consolidation post salt-market deregulation

What could go wrong

Low-margin commodity pricing
Regional competition post-deregulation

Moat: narrow (regulatory licence, scale). Regional salt-resource and production licence advantages following state salt-monopoly deregulation.

Headquarters: Changsha, China · Employees: 5,630

Named competitors

China Salt Group private or unlisted
Regional provincial salt companies private or unlisted

Snowsky Salt Industry at a glance

Size Snowsky Salt Industry (600929.SS) is a China Consumer Staples company (Food: Specialty/Candy) with a market value of $1.20B, the 1968th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.92 on 6 Nov 2026.

Performance Over six months the shares fell 28.7%, against -14.7% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 20 in its peer set.

Growth Revenue grew 31.9% over the last twelve months (peer median +5.4%); the operating margin is 1.4% (peer median 8.7%).

Valuation It trades at 54.7× forward earnings against a peer median of 21.1× (2nd most expensive of 17).

Capital Return on invested capital runs 4.3 points below its cost of capital (8.1% WACC).

Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Snowsky Salt Industry against the median of its 20 peers (local-currency closes).

Snowsky Salt Industry financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥5.91B	CN¥5.41B	CN¥6.01B	CN¥6.14B	CN¥6.31B
Revenue growth	—	-10%	-2%	-3%	—
Gross profit	CN¥1.58B	CN¥1.08B	CN¥1.35B	CN¥1.71B	CN¥1.96B
EBITDA	n/a	CN¥713M	CN¥870M	CN¥1.30B	CN¥1.47B
Net income	CN¥45.1M	CN¥77.0M	CN¥303M	CN¥709M	CN¥769M
Free cash flow	-CN¥50.2M	CN¥205M	-CN¥479M	CN¥230M	CN¥320M
Capital expenditure	CN¥734M	CN¥540M	CN¥810M	CN¥815M	CN¥1.04B
Total debt	CN¥1.32B	CN¥2.17B	CN¥1.77B	CN¥861M	CN¥976M

Quarterly statements and history in the cockpit →

Snowsky Salt 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

Up and to the right = strong over both horizons. Snowsky Salt Industry is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Snowsky Salt Industry is the large dot.

Snowsky Salt Industry competitors and peer comparison

How Snowsky Salt 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.

Snowsky Salt Industry against its 20 peers (data as of 6 Nov 2026)
Measure	600929.SS	Peer median	Rank in peer set
1-month return	-16.3%	-1.4%	2nd lowest of 21
6-month return	-28.7%	-14.7%	3rd lowest of 20
Distance from 52-week high	-32.9%	-32.2%	10th lowest of 21
Revenue growth (TTM)	+31.9%	+5.4%	2nd highest of 21
Operating margin	1.4%	8.7%	4th lowest of 21
Forward P/E	54.7×	21.1×	2nd most expensive of 17
ROIC minus cost of capital	-4.3 pp	+1.5 pp	4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Snowsky Salt Industry 600929.SS	China	$1.20B	-29%	+32%	1%	54.7×	n/a	n/a
Italmobiliare ITM.MI	Italy	$1.20B	-8%	+8%	14%	12.0×	n/a	n/a
Nisshin OilliO 2602.T	Japan	$1.22B	+13%	+8%	3%	18.0×	3.1%	+10.5%
Lotte 004990.KS	South Korea	$1.18B	-27%	+1%	2%	69.5×	n/a	n/a
Shandong Bailong Chuangyuan Bio-Tech 605016.SS	China	$1.24B	-28%	+19%	32%	18.4×	8.8%	+22.5%
Bikaji Foods International BIKAJI.NS	India	$1.27B	-29%	+14%	10%	37.4×	38.6%	+17.5%
Morinaga & 2201.T	Japan	$1.28B	-8%	+3%	9%	12.3×	-5.7%	+7.1%
Manorama Industries MANORAMA.NS	India	$1.31B	+22%	+60%	24%	39.3×	33.4%	+46.9%
Fufeng 0546.HK	Hong Kong	$1.31B	-37%	+1%	4%	7.4×	n/a	n/a
Jiangxi Qiyunshan Food 2797.HK	Hong Kong	$1.10B	n/a	-7%	17%	n/a	n/a	n/a
JinJian Cereals Industry 600127.SS	China	$1.08B	+64%	+1%	-1%	n/a	n/a	n/a
Huabao International 0336.HK	Hong Kong	$1.34B	-25%	+13%	3%	25.3×	16.2%	-2.7%
Star Lake Bioscience 600866.SS	China	$1.07B	-26%	-3%	0%	37.2×	n/a	n/a
ORION 001800.KS	South Korea	$1.06B	-4%	+15%	15%	n/a	-16.5%	+8.3%
CCL Products (India) CCL.NS	India	$1.37B	-20%	+24%	13%	25.8×	17.9%	+29.1%
ARIAKE JAPAN 2815.T	Japan	$1.04B	-5%	+3%	17%	17.4×	-7.4%	+6.1%
Yantai China Pet Foods 002891.SZ	China	$1.39B	-15%	+21%	4%	32.6×	n/a	n/a
Seneca Foods SENEA	United States	$1.03B	+9%	+12%	9%	10.9×	-15.1%	+2.5%
Flowers Foods FLO	United States	$1.42B	-20%	+2%	6%	8.8×	-7.6%	+3.7%
Namchow Food Group (Shanghai) 605339.SS	China	$1.01B	-2%	-5%	-1%	n/a	n/a	n/a
Qianhe Condiment & Food 603027.SS	China	$1.43B	-21%	-6%	14%	23.9×	3.1%	+8.8%

Questions

Who are Snowsky Salt Industry's main competitors?: Named competitors: China Salt Group (private or unlisted), Regional provincial salt companies (private or unlisted). The cockpit's measured peer set (industry) also includes Italmobiliare (ITM.MI), Nisshin OilliO (2602.T), Lotte (004990.KS), Shandong Bailong Chuangyuan Bio-Tech (605016.SS), Bikaji Foods International (BIKAJI.NS), Morinaga & (2201.T).
Is Snowsky Salt Industry expensive compared with its peers?: On forward p/e it trades at 54.7× against a peer median of 21.1×, 2nd most expensive of 17 in its peer set.
How has Snowsky Salt Industry stock performed?: Over six months to 6 Nov 2026 the shares returned -28.7% against -14.7% for the median peer; over one year -17.0%.