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← CockpitCompetitor Analysis › 603110.SS New East New Materials Co., Ltd. Class AOpen in the cockpit ↗

New East New Materials Co., Ltd. Class A603110.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Industrial Specialties
Momentum strong 67
Mkt cap
$633M
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$50.5M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-9.3 pp
WACC 10.6%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥20.99
1D-5.2%
1W+9.1%
1M-12.4%
3M-3.9%
6M-5.2%
YTD+30.7%
1Y+16.4%
ATR %8.8%
52w lowhigh26.4% off high

What New East New Materials does

Employees: 333

New East New Materials at a glance

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).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026603110.SS 95Peer median 95
Six months, rebased to 100: New East New Materials against the median of its 20 peers (local-currency closes).

New East New Materials financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥403MCN¥379MCN¥434MCN¥391MCN¥403M
Revenue growth—-13%+11%-3%—
Gross profitCN¥126MCN¥95.6MCN¥109MCN¥95.6MCN¥89.5M
EBITDAn/aCN¥28.9MCN¥38.6MCN¥25.9MCN¥25.6M
Net incomeCN¥3.93M-CN¥6.36MCN¥14.0MCN¥52.0MCN¥19.7M
Free cash flow-CN¥7.11MCN¥20.3M-CN¥61.9M-CN¥33.7MCN¥16.0M
Capital expenditureCN¥24.9MCN¥13.8MCN¥84.9MCN¥64.1MCN¥26.9M
Total debtCN¥65.1MCN¥55.6MCN¥93.6MCN¥88.7MCN¥97.3M

Quarterly statements and history in the cockpit →

New East New Materials 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%+40%-20%-10%0%+10%FCL6036BORORENEW6881996002936008194956RAINMATV4044603375SFL300737300221SGL79179893603330301051600135603110.SS6-month return →1-month return →
Up and to the right = strong over both horizons. New East New Materials is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%5×10×FCL6036BORORENEW6881996002936008194956RAINMATV603375SFL300737300221SGL9893603330301051603110.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. New East New Materials is the large dot.

New East New Materials competitors and peer comparison

How New East New Materials 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.

New East New Materials against its 20 peers (data as of 6 Nov 2026)
Measure603110.SSPeer medianRank 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 margin2.5%6.6%8th lowest of 21
EV / Sales10.1×2.1×most expensive of 21
ROIC minus cost of capital-9.3 pp-2.8 pp5th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
New East New Materials 603110.SSChina$633M-5%-5%2%10.1×n/an/a
Fineotex Chemical FCL.NSIndia$635M+86%+91%15%5.9×n/an/a
KeePer Technical Laboratory 6036.TJapan$631M+24%+12%27%3.3×-2.6%+17.1%
Borosil Renewables BORORENEW.NSIndia$628M-29%+11%26%3.7×12.7%+25.4%
Tianjin Jiuri New Materials 688199.SSChina$628M-3%+15%3%2.9×n/an/a
Hubei Sanxia New Building Materials 600293.SSChina$640M+15%-34%-21%5.3×n/an/a
Shanghai Yaohua Pilkington Glass 600819.SSChina$643M-24%0%2%1.1×n/an/a
Konishi 4956.TJapan$643M+9%+7%9%0.6×-10.1%+4.9%
Rain Industries RAIN.NSIndia$645M+35%+17%10%0.8×n/an/a
Mativ MATVUnited States$646M+27%+1%4%0.8×6.2%+13.0%
Central Glass 4044.TJapan$648M0%+4%8%0.7×-6.5%-5.4%
Wuxi Holyview Microelectronics 603375.SSChina$618M-10%-17%-9%8.0×53.9%+17.3%
Sheela Foam SFL.NSIndia$614M-7%+20%6%1.6×23.3%+9.4%
Keshun Waterproof Technologies 300737.SZChina$656M-41%-12%-8%1.2×-15.7%-0.6%
Guangdong Silver Age Sci & Tech 300221.SZChina$667M-16%+7%7%2.0×27.7%+6.0%
SGL Carbon SGL.DEGermany$668M+2%-16%8%0.8×2.3%-1.6%
ZACROS 7917.TJapan$596M-11%+6%7%0.6×n/an/a
Pizu 9893.HKHong Kong$677M-8%-8%22%4.4×n/an/a
Tianyang New Materials (Shanghai) Technology 603330.SSChina$579M+21%-35%-29%5.4×10.6%+4.2%
Shenzhen Xinhao Photoelectricity Technology 301051.SZChina$577M-19%-23%-26%3.6×n/an/a
Lucky Film 600135.SSChina$568M-40%+14%-4%2.2×n/an/a

Questions

Which companies are New East New Materials's closest peers?
The cockpit's peer set: Fineotex Chemical (FCL.NS), KeePer Technical Laboratory (6036.T), Borosil Renewables (BORORENEW.NS), Tianjin Jiuri New Materials (688199.SS), Hubei Sanxia New Building Materials (600293.SS), Shanghai Yaohua Pilkington Glass (600819.SS), Konishi (4956.T), Rain Industries (RAIN.NS).
Is New East New Materials expensive compared with its peers?
On ev / sales it trades at 10.1× against a peer median of 2.1×, most expensive of 21 in its peer set.
How has New East New Materials stock performed?
Over six months to 6 Nov 2026 the shares returned -5.2% against -5.5% for the median peer; over one year +16.4%.

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.