Loading…
Chinese glass-fiber manufacturer producing reinforcement materials for composites, construction and wind-turbine blades.
Chinese glass-fiber manufacturer producing reinforcement materials for composites, construction and wind-turbine blades.
Draws molten glass into fibre and weaves it into yarns and fabrics, sold by the tonne to composite makers. The business runs on energy-hungry furnaces that are best kept full, so sales follow the industry's price and demand cycle.
In one line: A smaller China Jushi.
Moat: narrow (scale, process know-how). Fiberglass manufacturing is capital- and energy-intensive, favoring scaled incumbents.
Headquarters: Shandong, China · Employees: 2,636
Size Shandong Fiberglass (605006.SS) is a China Materials company (Construction Materials) with a market value of $1.25B, the 1903rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥12.80 on 6 Nov 2026.
Performance Over six months the shares gained 9.5%, against -14.7% for the median peer and -16.4% for the China market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 31.4% over the last twelve months (peer median -7.8%); the operating margin is 4.7% (peer median 9.2%).
Valuation It trades at 64.0× forward earnings against a peer median of 14.3× (2nd most expensive of 15).
Capital Return on invested capital runs 2.3 points below its cost of capital (8.3% WACC).
Next results Next results expected around 21 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.00B | CN¥2.48B | CN¥2.00B | CN¥2.19B | CN¥2.77B |
| Revenue growth | — | +24% | -9% | -21% | — |
| Gross profit | CN¥850M | CN¥343M | CN¥125M | CN¥197M | CN¥763M |
| EBITDA | n/a | CN¥507M | CN¥265M | CN¥290M | CN¥860M |
| Net income | CN¥45.2M | -CN¥13.4M | -CN¥98.9M | CN¥105M | CN¥536M |
| Free cash flow | -CN¥652M | -CN¥663M | -CN¥675M | -CN¥226M | CN¥285M |
| Capital expenditure | CN¥1.21B | CN¥605M | CN¥841M | CN¥773M | CN¥368M |
| Total debt | CN¥3.71B | CN¥3.95B | CN¥3.24B | CN¥2.77B | CN¥1.71B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Shandong Fiberglass 605006.SS | $1.25B | +10% | +31% | 5% | 64.0× | n/a |
| China Jushi 600176.SS | $16.6B | -20% | +27% | 34% | 13.5× | 14.6% |
| Owens Corning OC | $9.59B | 0% | -11% | 14% | 15.3× | 3.6% |
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 | 605006.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.1% | +0.5% | 4th lowest of 21 |
| 6-month return | +9.5% | -14.7% | 6th highest of 21 |
| Distance from 52-week high | -51.5% | -31.8% | 2nd lowest of 21 |
| Revenue growth (TTM) | +31.4% | -7.8% | highest of 21 |
| Operating margin | 4.7% | 9.2% | 5th lowest of 20 |
| Forward P/E | 64.0× | 14.3× | 2nd most expensive of 15 |
| ROIC minus cost of capital | -2.3 pp | -2.5 pp | 10th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shandong Fiberglass 605006.SS | China | $1.25B | +10% | +31% | 5% | 64.0× | n/a | n/a |
| Caltagirone CALT.MI | Italy | $1.26B | +1% | +10% | 10% | n/a | 0.9% | +10.5% |
| West China Cement 2233.HK | Hong Kong | $1.30B | -29% | -10% | 15% | 11.1× | n/a | n/a |
| Guangdong Tapai 002233.SZ | China | $1.34B | -10% | -11% | 7% | 20.3× | -15.3% | -10.2% |
| BBMG Jidong Cement 000401.SZ | China | $1.35B | -21% | -8% | n/a | n/a | 37.1% | -7.0% |
| Cementos Pacasmayo SAA Sponsored ADR CPAC | United States | $1.16B | +20% | +21% | 25% | 22.2× | -9.8% | +9.9% |
| Fsilon Furnishing and Construction Materials 605318.SS | China | $1.36B | -29% | -15% | -5% | 3,613.5× | n/a | n/a |
| Loma Negra Compania Industrial Argentina SA Sponsored ADR LOMA | United States | $1.12B | -21% | -5% | 9% | 16.6× | 13.6% | +2.9% |
| Mitani Sekisan 5273.T | Japan | $1.12B | +33% | +9% | 18% | n/a | -8.4% | +7.7% |
| Goldsun Building Materials 2504.TW | Taiwan | $1.06B | -14% | -3% | 22% | 8.4× | -7.1% | +3.6% |
| Breedon BREE.L | United Kingdom | $1.60B | +17% | +8% | 7% | 12.2× | 10.1% | +13.0% |
| Sumitomo Osaka Cement 5232.T | Japan | $969M | +49% | +5% | 7% | 13.7× | 4.6% | -1.3% |
| Maeda Kosen 7821.T | Japan | $944M | +21% | +11% | 17% | 14.8× | -4.7% | +10.6% |
| CCCC Design And Consulting 600720.SS | China | $1.73B | -24% | -10% | 12% | 9.7× | n/a | n/a |
| Hanilcmt 300720.KS | South Korea | $905M | -4% | -10% | 11% | 11.9× | -3.2% | +7.9% |
| China West Construction 002302.SZ | China | $884M | -16% | -24% | -7% | n/a | 12.5% | -5.0% |
| China Resources Building Materials Technology 1313.HK | Hong Kong | $873M | -31% | -12% | -3% | n/a | -8.1% | -10.6% |
| BBMG 601992.SS | China | $1.86B | -19% | -25% | -4% | n/a | 41.4% | -3.3% |
| NWPX Infrastructure NWPX | United States | $841M | -22% | +16% | 12% | 17.5× | 6.2% | +12.9% |
| Gansu Shangfeng Materials 000672.SZ | China | $1.88B | -6% | -23% | 7% | 4.5× | 10.2% | -6.1% |
| Xinjiang Qingsong Building Materials & Chemicals (Group) 600425.SS | China | $833M | -16% | -8% | 9% | 17.3× | 2.0% | +5.1% |