Which companies are Fuda New Material's closest peers?

The cockpit's peer set: Lingyuan Iron & Steel (600231.SS), Marimaca Copper (MARI.TO), Sigma Lithium (SGML), Indian Metals & Ferro Alloys (IMFA.NS), Gruvaktiebolaget Viscaria (VISC.ST), Abenojar Tungsten (ABT.L), Enviri (NVRI), Arafura Rare Earths (ARU.AX).

Is Fuda New Material expensive compared with its peers?

On ev / sales it trades at 0.9× against a peer median of 3.4×, 3rd cheapest of 11 in its peer set.

How has Fuda New Material stock performed?

Over six months to 6 Nov 2026 the shares returned -30.9% against -18.4% for the median peer; over one year +60.0%.

← CockpitCompetitor Analysis › 603045.SS Fuda New Material Group Co Ltd Class AOpen in the cockpit ↗

Fuda New Material Group Co Ltd Class A603045.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Other Metals/Minerals

Momentum laggard 4

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$645M

US dollars, full cap

$/day

$25.4M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+1.8 pp

WACC 9.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥32.27

1D-3.3%

1W+2.5%

1M-28.3%

3M-30.6%

6M-30.9%

YTD+64.2%

1Y+60.0%

ATR %7.5%

52w lowhigh66.0% off high

What Fuda New Material does

Employees: 1,652

Fuda New Material at a glance

Size Fuda New Material (603045.SS) is a China Materials company (Other Metals/Minerals) with a market value of $645M, the 3253rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥32.27 on 6 Nov 2026.

Performance Over six months the shares fell 30.9%, against -18.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.

Growth Revenue grew 63.2% over the last twelve months (peer median -3.1%); the operating margin is 7.0% (peer median 11.7%).

Valuation It trades at 0.9× enterprise value to sales against a peer median of 3.4× (3rd cheapest of 11).

Capital Return on invested capital runs 1.8 points above its cost of capital (9.0% WACC).

Relative performance

Six months, rebased to 100: Fuda New Material against the median of its 20 peers (local-currency closes).

Fuda New Material financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥7.20B	CN¥5.03B	CN¥3.85B	CN¥2.79B	CN¥2.19B
Revenue growth	—	+31%	+38%	+27%	—
Gross profit	CN¥908M	CN¥427M	CN¥305M	CN¥258M	CN¥222M
EBITDA	CN¥564M	CN¥240M	CN¥144M	CN¥138M	CN¥120M
Net income	CN¥393M	CN¥108M	CN¥45.6M	CN¥40.9M	CN¥29.8M
Free cash flow	-CN¥838M	-CN¥353M	-CN¥417M	-CN¥158M	CN¥158M
Capital expenditure	CN¥49.8M	CN¥55.9M	CN¥49.0M	CN¥40.4M	CN¥95.0M
Total debt	CN¥2.52B	CN¥1.74B	CN¥1.28B	CN¥1.14B	CN¥795M

Quarterly statements and history in the cockpit →

Fuda New Material 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. Fuda New Material is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Fuda New Material is the large dot.

Fuda New Material competitors and peer comparison

How Fuda New Material 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.

Fuda New Material against its 20 peers (data as of 6 Nov 2026)
Measure	603045.SS	Peer median	Rank in peer set
1-month return	-28.3%	-14.7%	2nd lowest of 20
6-month return	-30.9%	-18.4%	8th lowest of 20
Distance from 52-week high	-66.0%	-42.8%	3rd lowest of 20
Revenue growth (TTM)	+63.2%	-3.1%	2nd highest of 11
Operating margin	7.0%	11.7%	5th lowest of 11
EV / Sales	0.9×	3.4×	3rd cheapest of 11
ROIC minus cost of capital	+1.8 pp	-10.0 pp	3rd highest of 18
EV / EBITDA	11.3×	18.8×	2nd cheapest of 6
Net debt / EBITDA	3.7×	0.7×	3rd most indebted of 6

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	EV / Sales	Req g	Delivered g
Fuda New Material 603045.SS	China	$645M	-31%	+63%	7%	0.9×	n/a	n/a
Lingyuan Iron & Steel 600231.SS	China	$642M	-31%	-3%	-14%	0.8×	n/a	n/a
Marimaca Copper MARI.TO	Canada	$652M	-18%	n/a	n/a	n/a	n/a	n/a
Sigma Lithium SGML	United States	$655M	-73%	-14%	24%	6.5×	14.8%	-13.9%
Indian Metals & Ferro Alloys IMFA.NS	India	$633M	-25%	+32%	23%	2.0×	n/a	n/a
Gruvaktiebolaget Viscaria VISC.ST	Sweden	$669M	-1%	n/a	n/a	n/a	n/a	n/a
Abenojar Tungsten ABT.L	United Kingdom	$619M	n/a	n/a	n/a	n/a	n/a	n/a
Enviri NVRI	United States	$672M	+24%	-23%	-19%	0.5×	n/a	n/a
Arafura Rare Earths ARU.AX	Australia	$610M	-56%	n/a	n/a	n/a	n/a	n/a
Shivalik Bimetal Controls SBCL.NS	India	$609M	+61%	+19%	21%	9.3×	45.7%	+22.8%
Lithium Argentina LAR	United States	$686M	-64%	n/a	n/a	n/a	n/a	n/a
Meridian Mining MNO.TO	Canada	$598M	-8%	n/a	n/a	n/a	n/a	n/a
Qinghai Jinrui Mineral Development 600714.SS	China	$593M	-38%	-6%	5%	10.4×	53.0%	+15.3%
Wenzhou Hongfeng Electrical Alloy 300283.SZ	China	$712M	-23%	+48%	5%	1.2×	n/a	n/a
Lithium Americas LAC.TO	Canada	$712M	-64%	n/a	n/a	n/a	n/a	n/a
OSAKA Titanium Technologies 5726.T	Japan	$584M	-18%	-8%	13%	2.9×	n/a	n/a
Bannerman Energy BMN.AX	Australia	$578M	-15%	n/a	n/a	n/a	n/a	n/a
Gold Royalty GROY	United States	$723M	-14%	+82%	23%	31.4×	54.3%	+58.2%
NorthIsle Copper and Gold NCX.V	Canada	$725M	+3%	n/a	n/a	n/a	n/a	n/a
Talamore Mining TALA.TO	Canada	$728M	-32%	n/a	n/a	n/a	n/a	n/a
Infund 002141.SZ	China	$738M	+32%	-3%	11%	3.8×	8.4%	+3.8%

Questions

Which companies are Fuda New Material's closest peers?: The cockpit's peer set: Lingyuan Iron & Steel (600231.SS), Marimaca Copper (MARI.TO), Sigma Lithium (SGML), Indian Metals & Ferro Alloys (IMFA.NS), Gruvaktiebolaget Viscaria (VISC.ST), Abenojar Tungsten (ABT.L), Enviri (NVRI), Arafura Rare Earths (ARU.AX).
Is Fuda New Material expensive compared with its peers?: On ev / sales it trades at 0.9× against a peer median of 3.4×, 3rd cheapest of 11 in its peer set.
How has Fuda New Material stock performed?: Over six months to 6 Nov 2026 the shares returned -30.9% against -18.4% for the median peer; over one year +60.0%.