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← CockpitCompetitor Analysis › 688203.SS Zhejiang Hisun Biomaterials Co., Ltd. Class AOpen in the cockpit ↗

Zhejiang Hisun Biomaterials Co., Ltd. Class A688203.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty
Momentum leader 98
Mkt cap
$473M
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$34.9M
20-day average traded
Fwd P/E
56.0×
forward earnings
ROIC−WACC
-2.0 pp
WACC 8.1%
Hurdle
-10 pp
Req g minus delivered
Next earnings
165 days
20 Apr 2027
Close · CNYCN¥15.69
1D+10.7%
1W+25.8%
1M-15.0%
3M+59.6%
6M+15.8%
YTD+22.8%
1Y+16.7%
ATR %10.1%
52w lowhigh40.5% off high

What Zhejiang Hisun Biomaterials does

Employees: 453

Zhejiang Hisun Biomaterials at a glance

Size Zhejiang Hisun Biomaterials (688203.SS) is a China Materials company (Chemicals: Specialty) with a market value of $473M, the 3987th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥15.69 on 6 Nov 2026.

Performance Over six months the shares gained 15.8%, against -16.3% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 46.6% over the last twelve months (peer median +11.5%); the operating margin is 3.7% (peer median 4.2%).

Valuation It trades at 56.0× forward earnings against a peer median of 10.5× (3rd most expensive of 10).

Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -10 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 2.0 points below its cost of capital (8.1% WACC).

Next results Next results expected around 20 Apr 2027 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026688203.SS 115Peer median 83
Six months, rebased to 100: Zhejiang Hisun Biomaterials against the median of its 20 peers (local-currency closes).

Zhejiang Hisun Biomaterials financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.18BCN¥851MCN¥845MCN¥753MCN¥601M
Revenue growth—+1%+12%+25%—
Gross profitCN¥204MCN¥81.1MCN¥98.3MCN¥92.9MCN¥69.6M
EBITDAn/aCN¥86.8MCN¥102MCN¥90.8MCN¥68.8M
Net incomeCN¥32.4MCN¥9.87MCN¥35.5MCN¥43.5MCN¥47.0M
Free cash flowCN¥131M-CN¥106M-CN¥254M-CN¥50.9M-CN¥88.6M
Capital expenditureCN¥75.0MCN¥127MCN¥293MCN¥214MCN¥225M
Total debtCN¥281MCN¥336MCN¥331MCN¥381MCN¥333M

Quarterly statements and history in the cockpit →

Zhejiang Hisun Biomaterials 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

-50%0%+50%-30%-20%-10%0%002109GUJALKALI603192600800036830LXCHEM603120605399074630092779423001326037251714BAKSOTLVHILCFS688203.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Zhejiang Hisun Biomaterials is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×50×100×LXCHEM60539907467942300132BAKASIXLCFS688203.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zhejiang Hisun Biomaterials is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%002109GUJALKALI603192603120002054074630092779423001326037251714VHIASIXLCFS688203.SSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Zhejiang Hisun Biomaterials is the large dot.

Zhejiang Hisun Biomaterials competitors and peer comparison

How Zhejiang Hisun Biomaterials 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 Hisun Biomaterials against its 20 peers (data as of 6 Nov 2026)
Measure688203.SSPeer medianRank in peer set
1-month return-15.0%-11.8%8th lowest of 21
6-month return+15.8%-16.3%5th highest of 21
Distance from 52-week high-40.5%-37.5%9th lowest of 21
Revenue growth (TTM)+46.6%+11.5%2nd highest of 21
Operating margin3.7%4.2%11th highest of 21
Forward P/E56.0×10.5×3rd most expensive of 10
Growth the price implies (Req g, 7 yrs)16.5%15.5%8th most demanding of 16
Growth delivered (Del g)+26.6%+10.5%4th highest of 16
Hurdle (Req g minus delivered)-10.1 pp-7.3 pp8th least demanding of 16
ROIC minus cost of capital-2.0 pp-2.1 pp11th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Zhejiang Hisun Biomaterials 688203.SSChina$473M+16%+47%4%56.0×16.5%+26.6%
Shaanxi Xinghua Chemistry 002109.SZChina$473M-39%+20%-1%n/a2.0%+13.0%
Gujarat Alkalies & Chemicals GUJALKALI.NSIndia$476M-23%+7%2%n/a39.8%+12.5%
Shanghai Huide Science & Technology 603192.SSChina$476M-15%+2%3%n/a15.5%+10.5%
Tian Jin Bohai Chemical 600800.SSChina$479M-37%-24%-20%n/an/an/a
Soulbrain 036830.KSSouth Korea$480M-55%+16%-3%n/an/an/a
Laxmi Organic Industries LXCHEM.NSIndia$480M0%+5%6%25.1×n/an/a
Kente Catalysts 603120.SSChina$465M+6%+9%12%n/a18.3%-8.9%
Dymatic Chemicals 002054.SZChina$465M-25%+21%8%n/a-0.8%+12.9%
Jiangxi Chenguang New Materials 605399.SSChina$482M-30%+15%-9%129.1×n/an/a
Lee & Man Chemical 0746.HKHong Kong$465M-9%+3%18%6.1×-8.5%+3.9%
Nantong Jiangtian Chemical 300927.SZChina$463M-29%+51%5%n/a18.0%+29.0%
JSP 7942.TJapan$462M+29%+14%8%9.9×-4.0%+7.2%
FuJian Nox Bellcow 300132.SZChina$459M-37%+18%7%17.9×3.1%-10.5%
Guangdong Tianan New Material 603725.SSChina$489M+9%-12%2%n/a21.7%+29.0%
Ho Tung Chemical 1714.TWTaiwan$459M+67%+36%10%n/a-17.3%-1.5%
Braskem S.A. Sponsored ADR Pfd BAKUnited States$457M-70%-1%1%1.0×n/an/a
Savita Oil Technologies SOTL.NSIndia$491M+61%+26%10%n/a17.5%+16.8%
Valhi VHIUnited States$456M+11%+3%1%4.6×32.2%+2.3%
Advansix ASIXUnited States$454M-17%+8%-1%90.9×55.3%+5.6%
Tidewater Renewables LCFS.TOCanada$495M+97%+24%20%10.5×-3.0%+126.4%

Questions

Which companies are Zhejiang Hisun Biomaterials's closest peers?
The cockpit's peer set: Shaanxi Xinghua Chemistry (002109.SZ), Gujarat Alkalies & Chemicals (GUJALKALI.NS), Shanghai Huide Science & Technology (603192.SS), Tian Jin Bohai Chemical (600800.SS), Soulbrain (036830.KS), Laxmi Organic Industries (LXCHEM.NS), Kente Catalysts (603120.SS), Dymatic Chemicals (002054.SZ).
Is Zhejiang Hisun Biomaterials expensive compared with its peers?
On forward p/e it trades at 56.0× against a peer median of 10.5×, 3rd most expensive of 10 in its peer set. For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -10 pp: the price already allows for a slowdown.
How has Zhejiang Hisun Biomaterials stock performed?
Over six months to 6 Nov 2026 the shares returned +15.8% against -16.3% for the median peer; over one year +16.7%.

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.