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← CockpitCompetitor Analysis › 603165.SS Zhejiang Rongsheng Environmental Protection Paper Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Rongsheng Environmental Protection Paper Co., Ltd. Class A603165.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Pulp & Paper
Momentum laggard 17
Mkt cap
$554M
US dollars, full cap
Free float
83%
of shares outstanding
$/day
$7.68M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-3.5 pp
WACC 5.6%
Hurdle
n/a
no reverse DCF
Next earnings
145 days
31 Mar 2027
Close · CNYCN¥11.82
1D-1.1%
1W-3.0%
1M-14.8%
3M-15.9%
6M-32.1%
YTD-6.6%
1Y-11.4%
ATR %3.1%
52w lowhigh41.9% off high

What Zhejiang Rongsheng Environmental Protection Paper does

Employees: 1,084

Zhejiang Rongsheng Environmental Protection Paper at a glance

Size Zhejiang Rongsheng Environmental Protection Paper (603165.SS) is a China Materials company (Pulp & Paper) with a market value of $554M, the 3611th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥11.82 on 6 Nov 2026.

Performance Over six months the shares fell 32.1%, against -18.8% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 10.0% over the last twelve months (peer median -1.4%); the operating margin is 1.9% (peer median 1.4%).

Valuation It trades at 1.2× enterprise value to sales against a peer median of 1.3× (10th cheapest of 21).

Capital Return on invested capital runs 3.5 points below its cost of capital (5.6% WACC).

Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 81603165.SS 67
Six months, rebased to 100: Zhejiang Rongsheng Environmental Protection Paper against the median of its 20 peers (local-currency closes).

Zhejiang Rongsheng Environmental Protection Paper financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥2.37BCN¥2.23BCN¥2.20BCN¥2.27BCN¥2.54B
Revenue growth—+1%-3%-11%—
Gross profitCN¥273MCN¥237MCN¥291MCN¥293MCN¥172M
EBITDACN¥148MCN¥168MCN¥224MCN¥220MCN¥235M
Net incomeCN¥299MCN¥224MCN¥286MCN¥271MCN¥168M
Free cash flow-CN¥409M-CN¥637MCN¥43.2MCN¥179MCN¥151M
Capital expenditureCN¥79.7MCN¥80.2MCN¥70.5MCN¥73.2MCN¥138M
Total debtCN¥2.00BCN¥2.35BCN¥2.06BCN¥1.13BCN¥358M

Quarterly statements and history in the cockpit →

Zhejiang Rongsheng Environmental Protection Paper 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%-30%-20%-10%0%-20%-10%0%1812603429600794002235ENC3708000576605377600308002521600356JKPAPER00282560328400206760043300201238651905600793603165.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Rongsheng Environmental Protection Paper is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2.5×5×7.5×1812603429600794002235ENC3708000576605377600308002521JKPAPER0028256032840020670020121905600793603165.SSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Rongsheng Environmental Protection Paper is the large dot.

Zhejiang Rongsheng Environmental Protection Paper competitors and peer comparison

How Zhejiang Rongsheng Environmental Protection Paper 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.

Zhejiang Rongsheng Environmental Protection Paper against its 20 peers (data as of 6 Nov 2026)
Measure603165.SSPeer medianRank in peer set
1-month return-14.8%-10.2%6th lowest of 21
6-month return-32.1%-18.8%6th lowest of 21
Distance from 52-week high-41.9%-39.3%10th lowest of 21
Revenue growth (TTM)+10.0%-1.4%5th highest of 21
Operating margin1.9%1.4%9th highest of 20
EV / Sales1.2×1.3×10th cheapest of 21
ROIC minus cost of capital-3.5 pp-5.3 pp8th highest of 20
EV / EBITDA19.3×9.9×2nd most expensive of 7
Net debt / EBITDA-5.8×1.6×least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Zhejiang Rongsheng Environmental Protection Paper 603165.SSChina$554M-32%+10%2%1.2×n/an/a
Shandong Chenming Paper 1812.HKHong Kong$545M-52%+4%-37%3.6×n/an/a
Anhui Genuine New Materials 603429.SSChina$539M-33%-37%-46%24.2×n/an/a
Zhangjiagang Freetrade Science & Technology 600794.SSChina$533M-17%-35%-32%5.7×-9.2%-21.8%
Xiamen Anne 002235.SZChina$593M-38%+1%-9%8.6×n/an/a
ENCE Energia y Celulosa ENC.MCSpain$608M-9%-1%1%1.5×n/an/a
Tokushu Tokai Paper 3708.TJapan$494M+34%0%5%1.1×8.5%+4.5%
Guangdong Ganhua Science & Industry 000576.SZChina$469M-17%+81%10%4.1×n/an/a
Hangzhou Huawang New Material Technology 605377.SSChina$655M-20%-13%8%1.1×-7.9%+14.8%
Shandong Huatai Paper 600308.SSChina$662M-25%-5%-2%0.6×n/an/a
Qifeng New Material 002521.SZChina$445M-37%-3%4%0.9×-2.0%+3.6%
Mudanjiang Hengfeng Paper 600356.SSChina$435M-11%-2%8%1.1×-1.6%+9.0%
JK Paper JKPAPER.NSIndia$707M-1%+12%8%1.1×19.8%+20.7%
Shanghai NAR Industrial 002825.SZChina$400M-20%+19%3%1.2×n/an/a
Anhui Linping Circular Development 603284.SSChina$395M-26%+7%n/a0.8×n/an/a
Zhejiang Jingxing Paper Joint Stock 002067.SZChina$787M-27%+18%0%0.9×n/an/a
Guangdong Guanhao High-Tech 600433.SSChina$788M-37%-1%-4%1.4×25.9%+2.0%
Zhejiang Kan Specialities Material 002012.SZChina$387M-17%+9%1%3.1×41.0%-16.5%
Hokuetsu 3865.TJapan$816M-9%-5%2%0.7×n/an/a
Chung Hwa Pulp 1905.TWTaiwan$373M-11%-7%-9%1.4×n/an/a
Yibin Paper Industry 600793.SSChina$366M-15%-24%5%2.1×4.1%+4.4%

Questions

Which companies are Zhejiang Rongsheng Environmental Protection Paper's closest peers?
The cockpit's peer set: Shandong Chenming Paper (1812.HK), Anhui Genuine New Materials (603429.SS), Zhangjiagang Freetrade Science & Technology (600794.SS), Xiamen Anne (002235.SZ), ENCE Energia y Celulosa (ENC.MC), Tokushu Tokai Paper (3708.T), Guangdong Ganhua Science & Industry (000576.SZ), Hangzhou Huawang New Material Technology (605377.SS).
Is Zhejiang Rongsheng Environmental Protection Paper expensive compared with its peers?
On ev / sales it trades at 1.2× against a peer median of 1.3×, 10th cheapest of 21 in its peer set.
How has Zhejiang Rongsheng Environmental Protection Paper stock performed?
Over six months to 6 Nov 2026 the shares returned -32.1% against -18.8% for the median peer; over one year -11.4%.

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.