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Employees: 563
Size Tianyang New Materials (Shanghai) Technology (603330.SS) is a China Materials company (Industrial Specialties) with a market value of $579M, the 3507th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.93 on 6 Nov 2026.
Performance Over six months the shares gained 20.7%, against -10.0% for the median peer and -16.4% for the China market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 35.4% over the last twelve months (peer median +7.3%); the operating margin is -28.6% (peer median 4.9%).
Valuation It trades at 5.4× enterprise value to sales against a peer median of 3.1× (7th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is +6 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 19.7 points below its cost of capital (8.8% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥729M | CN¥858M | CN¥1.31B | CN¥1.32B | CN¥1.42B |
| Revenue growth | — | -35% | -1% | -7% | — |
| Gross profit | CN¥166M | CN¥162M | CN¥149M | CN¥135M | CN¥187M |
| EBITDA | -CN¥116M | CN¥92.6M | CN¥46.8M | CN¥32.4M | CN¥31.2M |
| Net income | -CN¥227M | -CN¥244M | -CN¥213M | -CN¥94.2M | -CN¥56.6M |
| Free cash flow | CN¥178M | CN¥55.9M | -CN¥162M | -CN¥334M | -CN¥424M |
| Capital expenditure | CN¥25.8M | CN¥75.0M | CN¥216M | CN¥411M | CN¥171M |
| Total debt | CN¥296M | CN¥462M | CN¥786M | CN¥835M | CN¥1.03B |
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.
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 | 603330.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.4% | -8.9% | 7th highest of 21 |
| 6-month return | +20.7% | -10.0% | 4th highest of 21 |
| Distance from 52-week high | -30.9% | -36.2% | 9th highest of 21 |
| Revenue growth (TTM) | -35.4% | +7.3% | lowest of 21 |
| Operating margin | -28.6% | 4.9% | lowest of 21 |
| EV / Sales | 5.4× | 3.1× | 7th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 10.6% | 17.2% | 4th least demanding of 10 |
| Growth delivered (Del g) | +4.2% | +9.4% | 3rd lowest of 10 |
| Hurdle (Req g minus delivered) | +6.4 pp | +13.9 pp | 5th least demanding of 10 |
| ROIC minus cost of capital | -19.7 pp | -4.8 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| 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 |
| ZACROS 7917.T | Japan | $596M | -11% | +6% | 7% | 0.6× | n/a | n/a |
| Changzhou Almaden Stock 002623.SZ | China | $558M | -11% | -22% | -11% | 2.5× | n/a | n/a |
| Rayitek Hi-Tech Film 688323.SS | China | $554M | -23% | +8% | -11% | 10.9× | n/a | n/a |
| Zhejiang Runyang New Material Technology 300920.SZ | China | $548M | -6% | -1% | 5% | 8.9× | 51.7% | -0.5% |
| Sheela Foam SFL.NS | India | $614M | -7% | +20% | 6% | 1.6× | 23.3% | +9.4% |
| Dongguan Golden Sun Abrasives 300606.SZ | China | $545M | -29% | -12% | 5% | 7.7× | 35.2% | +5.8% |
| Wuxi Holyview Microelectronics 603375.SS | China | $618M | -10% | -17% | -9% | 8.0× | 53.9% | +17.3% |
| Suzhou Xingye Materials Technology 603928.SS | China | $540M | -14% | +15% | 7% | 2.1× | 17.2% | +1.8% |
| Tianjin Jiuri New Materials 688199.SS | China | $628M | -3% | +15% | 3% | 2.9× | n/a | n/a |
| Borosil Renewables BORORENEW.NS | India | $628M | -29% | +11% | 26% | 3.7× | 12.7% | +25.4% |
| KeePer Technical Laboratory 6036.T | Japan | $631M | +24% | +12% | 27% | 3.3× | -2.6% | +17.1% |
| 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 |
| HankukCarbon 017960.KS | South Korea | $526M | -71% | +11% | 18% | 0.6× | -20.0% | +17.2% |
| 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 |