Employees: 333
Size New East New Materials (603110.SS) is a China Materials company (Industrial Specialties) with a market value of $633M, the 3291st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.99 on 6 Nov 2026.
Performance Over six months the shares fell 5.2%, against -5.5% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue fell 5.5% over the last twelve months (peer median +5.1%); the operating margin is 2.5% (peer median 6.6%).
Valuation It trades at 10.1× enterprise value to sales against a peer median of 2.1× (most expensive of 21).
Capital Return on invested capital runs 9.3 points below its cost of capital (10.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥403M | CN¥379M | CN¥434M | CN¥391M | CN¥403M |
| Revenue growth | — | -13% | +11% | -3% | — |
| Gross profit | CN¥126M | CN¥95.6M | CN¥109M | CN¥95.6M | CN¥89.5M |
| EBITDA | n/a | CN¥28.9M | CN¥38.6M | CN¥25.9M | CN¥25.6M |
| Net income | CN¥3.93M | -CN¥6.36M | CN¥14.0M | CN¥52.0M | CN¥19.7M |
| Free cash flow | -CN¥7.11M | CN¥20.3M | -CN¥61.9M | -CN¥33.7M | CN¥16.0M |
| Capital expenditure | CN¥24.9M | CN¥13.8M | CN¥84.9M | CN¥64.1M | CN¥26.9M |
| Total debt | CN¥65.1M | CN¥55.6M | CN¥93.6M | CN¥88.7M | CN¥97.3M |
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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.
| Measure | 603110.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.4% | -6.8% | 6th lowest of 21 |
| 6-month return | -5.2% | -5.5% | 11th highest of 21 |
| Distance from 52-week high | -26.4% | -29.5% | 9th highest of 21 |
| Revenue growth (TTM) | -5.5% | +5.1% | 8th lowest of 21 |
| Operating margin | 2.5% | 6.6% | 8th lowest of 21 |
| EV / Sales | 10.1× | 2.1× | most expensive of 21 |
| ROIC minus cost of capital | -9.3 pp | -2.8 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| New East New Materials 603110.SS | China | $633M | -5% | -5% | 2% | 10.1× | n/a | n/a |
| Fineotex Chemical FCL.NS | India | $635M | +86% | +91% | 15% | 5.9× | n/a | n/a |
| KeePer Technical Laboratory 6036.T | Japan | $631M | +24% | +12% | 27% | 3.3× | -2.6% | +17.1% |
| Borosil Renewables BORORENEW.NS | India | $628M | -29% | +11% | 26% | 3.7× | 12.7% | +25.4% |
| Tianjin Jiuri New Materials 688199.SS | China | $628M | -3% | +15% | 3% | 2.9× | n/a | n/a |
| Hubei Sanxia New Building Materials 600293.SS | China | $640M | +15% | -34% | -21% | 5.3× | n/a | n/a |
| Shanghai Yaohua Pilkington Glass 600819.SS | China | $643M | -24% | 0% | 2% | 1.1× | n/a | n/a |
| Konishi 4956.T | Japan | $643M | +9% | +7% | 9% | 0.6× | -10.1% | +4.9% |
| Rain Industries RAIN.NS | India | $645M | +35% | +17% | 10% | 0.8× | n/a | n/a |
| Mativ MATV | United States | $646M | +27% | +1% | 4% | 0.8× | 6.2% | +13.0% |
| Central Glass 4044.T | Japan | $648M | 0% | +4% | 8% | 0.7× | -6.5% | -5.4% |
| Wuxi Holyview Microelectronics 603375.SS | China | $618M | -10% | -17% | -9% | 8.0× | 53.9% | +17.3% |
| Sheela Foam SFL.NS | India | $614M | -7% | +20% | 6% | 1.6× | 23.3% | +9.4% |
| Keshun Waterproof Technologies 300737.SZ | China | $656M | -41% | -12% | -8% | 1.2× | -15.7% | -0.6% |
| Guangdong Silver Age Sci & Tech 300221.SZ | China | $667M | -16% | +7% | 7% | 2.0× | 27.7% | +6.0% |
| SGL Carbon SGL.DE | Germany | $668M | +2% | -16% | 8% | 0.8× | 2.3% | -1.6% |
| ZACROS 7917.T | Japan | $596M | -11% | +6% | 7% | 0.6× | n/a | n/a |
| Pizu 9893.HK | Hong Kong | $677M | -8% | -8% | 22% | 4.4× | n/a | n/a |
| Tianyang New Materials (Shanghai) Technology 603330.SS | China | $579M | +21% | -35% | -29% | 5.4× | 10.6% | +4.2% |
| Shenzhen Xinhao Photoelectricity Technology 301051.SZ | China | $577M | -19% | -23% | -26% | 3.6× | n/a | n/a |
| Lucky Film 600135.SS | China | $568M | -40% | +14% | -4% | 2.2× | n/a | n/a |