Which companies are Zhejiang Jihua's closest peers?

The cockpit's peer set: Sichuan Lutianhua Company Limited By Shares (000912.SZ), Pan Asian Microvent Tech (Jiangsu) (688386.SS), Toyobo (3101.T), Hangzhou Greenda Electronic Materials (603931.SS), Sinolong New Materials (301565.SZ), Riken Technos (4220.T), Neogen Chemicals (NEOGEN.NS), Jiangsu Aisen Semiconductor Material (688720.SS).

How has Zhejiang Jihua stock performed?

Over six months to 6 Nov 2026 the shares returned +22.2% against -22.6% for the median peer; over one year +44.2%.

← CockpitCompetitor Analysis › 603980.SS Zhejiang Jihua Group Co. Ltd. Class AOpen in the cockpit ↗

Zhejiang Jihua Group Co. Ltd. Class A603980.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty

Momentum leader 93

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$788M

US dollars, full cap

Free float

96%

of shares outstanding

$/day

$83.6M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-5.1 pp

WACC 6.6%

Hurdle

+31 pp

Req g minus delivered

Close · CNYCN¥7.76

1D-0.3%

1W+0.3%

1M-13.8%

3M+16.9%

6M+22.2%

YTD+54.0%

1Y+44.2%

ATR %7.6%

52w lowhigh31.0% off high

What Zhejiang Jihua does

Employees: 1,293

Zhejiang Jihua at a glance

Size Zhejiang Jihua (603980.SS) is a China Materials company (Chemicals: Specialty) with a market value of $788M, the 2804th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.76 on 6 Nov 2026.

Performance Over six months the shares gained 22.2%, against -22.6% for the median peer and -16.4% for the China market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 1.9% over the last twelve months (peer median +7.0%); the operating margin is 2.4% (peer median 10.2%).

Valuation It trades at 2.1× enterprise value to sales against a peer median of 2.6× (10th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is +31 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 5.1 points below its cost of capital (6.6% WACC).

Relative performance

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

Zhejiang Jihua financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥1.61B	CN¥1.52B	CN¥1.63B	CN¥1.68B	CN¥1.92B
Revenue growth	—	-7%	-3%	-13%	—
Gross profit	CN¥224M	CN¥148M	CN¥145M	CN¥55.9M	-CN¥18.5M
EBITDA	CN¥161M	CN¥109M	CN¥115M	CN¥32.7M	-CN¥57.2M
Net income	CN¥97.0M	CN¥54.3M	CN¥170M	-CN¥241M	-CN¥210M
Free cash flow	CN¥185M	CN¥73.7M	CN¥198M	-CN¥150M	-CN¥12.7M
Capital expenditure	CN¥13.0M	CN¥13.4M	CN¥28.9M	CN¥62.5M	CN¥97.4M
Total debt	CN¥74.6M	CN¥85.0M	CN¥127M	CN¥79.8M	CN¥367M

Quarterly statements and history in the cockpit →

Zhejiang Jihua 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. Zhejiang Jihua is the large dot.

Fundamentals: revenue growth against valuation

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

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zhejiang Jihua is the large dot.

Zhejiang Jihua competitors and peer comparison

How Zhejiang Jihua 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 Jihua against its 20 peers (data as of 6 Nov 2026)
Measure	603980.SS	Peer median	Rank in peer set
1-month return	-13.8%	-15.9%	9th highest of 21
6-month return	+22.2%	-22.6%	3rd highest of 21
Distance from 52-week high	-31.0%	-43.2%	5th highest of 21
Revenue growth (TTM)	+1.9%	+7.0%	7th lowest of 21
Operating margin	2.4%	10.2%	7th lowest of 21
EV / Sales	2.1×	2.6×	10th cheapest of 21
Growth the price implies (Req g, 7 yrs)	27.0%	17.3%	4th most demanding of 10
Growth delivered (Del g)	-3.6%	+8.0%	2nd lowest of 10
Hurdle (Req g minus delivered)	+30.7 pp	+7.9 pp	2nd most demanding of 10
ROIC minus cost of capital	-5.1 pp	-3.7 pp	8th lowest of 21
EV / EBITDA	20.5×	9.7×	3rd most expensive of 9
Net debt / EBITDA	-12.1×	0.7×	least indebted of 9

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
Zhejiang Jihua 603980.SS	China	$788M	+22%	+2%	2%	2.1×	27.0%	-3.6%
Sichuan Lutianhua Company Limited By Shares 000912.SZ	China	$785M	-31%	-5%	-4%	1.3×	n/a	n/a
Pan Asian Microvent Tech (Jiangsu) 688386.SS	China	$792M	-40%	+37%	18%	7.2×	n/a	n/a
Toyobo 3101.T	Japan	$793M	-1%	+2%	7%	0.9×	2.0%	+4.6%
Hangzhou Greenda Electronic Materials 603931.SS	China	$797M	-31%	-4%	20%	7.5×	21.4%	+1.4%
Sinolong New Materials 301565.SZ	China	$799M	-27%	+20%	1%	2.4×	n/a	n/a
Riken Technos 4220.T	Japan	$771M	+46%	+6%	11%	0.9×	-4.8%	+8.3%
Neogen Chemicals NEOGEN.NS	India	$809M	+47%	+27%	14%	8.7×	n/a	n/a
Jiangsu Aisen Semiconductor Material 688720.SS	China	$817M	-21%	+29%	5%	7.7×	n/a	n/a
Zhejiang Xinhua Chemical 603867.SS	China	$817M	-27%	+7%	10%	1.8×	12.8%	+4.9%
Poly Plastic Masterbatch (SuZhou) 300905.SZ	China	$758M	-59%	+10%	11%	3.1×	29.1%	+17.2%
Nanjing COSMOS Chemical 300856.SZ	China	$757M	-24%	+12%	12%	3.0×	3.3%	+8.0%
Neo Performance Materials NEO.TO	Canada	$821M	-13%	+24%	14%	1.5×	n/a	n/a
Zhejiang Zhengguang Industrial 301092.SZ	China	$823M	-1%	-5%	13%	8.1×	n/a	n/a
Clean Science & Technology CLEAN.NS	India	$753M	-24%	+5%	26%	6.5×	31.8%	+13.2%
Shandong Longhua New Material 301149.SZ	China	$751M	-39%	+33%	2%	0.8×	n/a	n/a
Shanxi Lu'an Chemical Technology 600691.SS	China	$827M	-31%	-14%	-8%	1.4×	27.2%	-11.2%
Westlake Chemical Partners LP WLKP	United States	$747M	-9%	+9%	29%	1.1×	n/a	n/a
HuBei NengTer Technology 002102.SZ	China	$832M	-12%	-59%	-3%	1.7×	n/a	n/a
China Petrochemical Development 1314.TW	Taiwan	$833M	-1%	-35%	-18%	3.9×	n/a	n/a
Fujian Yuanli Active Carbon 300174.SZ	China	$840M	-14%	+7%	9%	2.9×	17.3%	+10.1%

Questions

Which companies are Zhejiang Jihua's closest peers?: The cockpit's peer set: Sichuan Lutianhua Company Limited By Shares (000912.SZ), Pan Asian Microvent Tech (Jiangsu) (688386.SS), Toyobo (3101.T), Hangzhou Greenda Electronic Materials (603931.SS), Sinolong New Materials (301565.SZ), Riken Technos (4220.T), Neogen Chemicals (NEOGEN.NS), Jiangsu Aisen Semiconductor Material (688720.SS).
Is Zhejiang Jihua expensive compared with its peers?: On ev / sales it trades at 2.1× against a peer median of 2.6×, 10th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 27% a year for seven years (Req g). Recent delivered growth is -4%, so the hurdle is +31 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.
How has Zhejiang Jihua stock performed?: Over six months to 6 Nov 2026 the shares returned +22.2% against -22.6% for the median peer; over one year +44.2%.