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← CockpitCompetitor Analysis › 688549.SS Grandit Co.,Ltd. Class AOpen in the cockpit ↗

Grandit Co.,Ltd. Class A688549.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Major Diversified

Chinese chemicals company; specific product line not established from available knowledge.

Momentum leader 87
Mkt cap
$2.89B
US dollars, full cap
Free float
52%
of shares outstanding
$/day
$86.8M
20-day average traded
P/B
8.19×
price to book
ROE
-0.6%
delivered
Implied ROE
114.5%
what the price asks
Close · CNYCN¥16.77
1D-2.4%
1W+11.9%
1M-16.5%
3M-8.9%
6M+36.5%
YTD+83.9%
1Y+65.9%
ATR %7.6%
52w lowhigh61.9% off high

What Grandit does

Chinese chemicals company; specific product line not established from available knowledge.

Where it sits in the supply chain

  • Materials

Moat: none

Headquarters: China · Employees: 766

Grandit at a glance

Size Grandit (688549.SS) is a China Materials company (Chemicals: Major Diversified) with a market value of $2.89B, the 887th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.77 on 6 Nov 2026.

Performance Over six months the shares gained 36.5%, against -8.8% for the median peer and -16.4% for the China market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 39.6% over the last twelve months (peer median +4.5%); the operating margin is -0.9% (peer median 7.4%).

Valuation It trades at 8.19× book value against a peer median of 1.94× (2nd most expensive of 21).

Price implies The share price implies a return on equity of about 114.5%; Grandit delivers -0.6%, so the price asks more than the business earns today.

Relative performance

10020030011 May 202611 Aug 20266 Nov 2026688549.SS 136Peer median 92
Six months, rebased to 100: Grandit against the median of its 20 peers (local-currency closes).

Grandit financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥1.62BCN¥1.21BCN¥1.03BCN¥893MCN¥799M
Revenue growth—+18%+15%+12%—
Gross profitCN¥344MCN¥149MCN¥126MCN¥169MCN¥165M
EBITDAn/aCN¥149MCN¥115MCN¥111MCN¥75.6M
Net income-CN¥17.8M-CN¥16.6MCN¥10.0MCN¥13.7MCN¥10.5M
Free cash flow-CN¥259M-CN¥16.1M-CN¥137M-CN¥285M-CN¥308M
Capital expenditureCN¥358MCN¥210MCN¥201MCN¥387MCN¥412M
Total debtCN¥701MCN¥531MCN¥400MCN¥416MCN¥540M

Quarterly statements and history in the cockpit →

Grandit 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%-20%0%+20%-20%-10%0%CEU34054114688545AETHERJMATNGVT17174183002326300779AVNT600141IOSPWCHPRM4749AARTIIND600143AKE688549.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Grandit is the large dot.

Fundamentals: return on equity against price-to-book

-20%0%20%2.50×50×7.50×CEU34054114688545AETHERJMATNGVT17174183002326300779AVNT600141IOSPWCHPRM4749AARTIINDAKE688549.SSReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Grandit is the large dot.

Capital: ROE delivered against the ROE the price implies

0%100%200%300%0%100%200%300%CEU34054114688545AETHERNGVTPRM688549.SSROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Grandit is the large dot.

Grandit competitors and peer comparison

How Grandit 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.

Grandit against its 20 peers (data as of 6 Nov 2026)
Measure688549.SSPeer medianRank in peer set
1-month return-16.5%-9.6%5th lowest of 21
6-month return+36.5%-8.8%highest of 21
Return on equity-0.6%7.4%5th lowest of 21
Price / book8.19×1.94×2nd most expensive of 21
ROE the price implies114.5%16.5%3rd most demanding of 21
ROE delivered-0.6%7.5%4th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Grandit 688549.SSChina$2.89B+36%+40%-1%8.19×114.5%-0.6%
CES Energy Solutions CEU.TOCanada$2.82B+4%+11%24%4.46×31.9%23.6%
Kuraray 3405.TJapan$3.52B+14%+3%1%0.73×4.7%1.0%
Nippon Shokubai 4114.TJapan$2.27B+11%+4%6%0.88×5.4%5.8%
Hubei Sinophorus Electronic Materials 688545.SSChina$2.24B+11%+75%7%7.23×128.3%7.4%
Aether Industries AETHER.NSIndia$2.20B+29%+31%10%7.99×53.8%10.1%
Johnson Matthey JMAT.LUnited Kingdom$4.01B+14%+8%-4%1.50×19.0%-4.2%
Ingevity NGVTUnited States$2.07B-21%-12%30%44.20×333.1%30.1%
Eternal Materials 1717.TWTaiwan$2.06B-27%-2%8%2.17×16.3%8.0%
Mitsui Chemicals 4183.TJapan$4.08B-9%-3%8%0.72×7.4%7.7%
Zhejiang Yongtai Technology 002326.SZChina$2.04B-40%+38%12%4.35×56.3%12.0%
Qingdao Huicheng Environmental Technology 300779.SZChina$2.02B-9%-13%-1%6.13×48.6%-1.3%
Avient AVNTUnited States$4.17B+23%+5%7%1.70×16.7%7.5%
Hubei Xingfa Chemicals 600141.SSChina$4.19B-27%+4%6%1.12×14.8%5.7%
Innospec IOSPUnited States$1.93B-3%+5%11%1.40×11.7%10.5%
Wacker Chemie WCH.DEGermany$4.42B-24%-5%-20%0.98×6.4%n/a
Perimeter Solutions PRMUnited States$4.83B-7%+24%-31%4.73×56.8%-30.9%
Advanced Echem Materials 4749.TWOTaiwan$1.72B-39%+19%13%5.37×13.9%12.6%
AARTI Industries AARTIIND.NSIndia$1.71B-9%+40%10%2.57×43.9%9.9%
Kingfa Sci. & Tech 600143.SSChina$4.96B-28%-1%5%1.69×13.5%4.8%
Arkema AKE.PAFrance$4.96B-9%-6%1%0.73×9.1%1.0%

Questions

Which companies are Grandit's closest peers?
The cockpit's peer set: CES Energy Solutions (CEU.TO), Kuraray (3405.T), Nippon Shokubai (4114.T), Hubei Sinophorus Electronic Materials (688545.SS), Aether Industries (AETHER.NS), Johnson Matthey (JMAT.L), Ingevity (NGVT), Eternal Materials (1717.TW).
Is Grandit expensive compared with its peers?
On price / book it trades at 8.19× against a peer median of 1.94×, 2nd most expensive of 21 in its peer set. The share price implies a return on equity of about 114.5%; Grandit delivers -0.6%, so the price asks more than the business earns today.
How has Grandit stock performed?
Over six months to 6 Nov 2026 the shares returned +36.5% against -8.8% for the median peer; over one year +65.9%.

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.