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North Chemical Industries Co., Ltd. (002246.SZ)

CNY18.24 +0.09 (+0.50%)
CN SHZ Basic Materials Chemicals
Address Gaoba, Longmatan District 646605
Luzhou, CN
CEO Hecheng Yang
IPO 2008-05-28
ISIN CNE100000BW7

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Description

North Chemical Industries Co., Ltd., based in Luzhou, People's Republic of China, specializes in the production and sale of nitrocellulose products across China. Its chemical offerings include various cellulose derivatives such as ethyl cellulose, hydroxyethyl cellulose, cellulose acetate butyrate, and carboxymethyl cellulose, alongside nitrocellulose chips. Additionally, the company supplies a range of industrial pumps, including desulphurization, slurry, general flow, magnetic, and axial flow models. These pumps find application in diverse sectors like chemical, fertilizer, metallurgy, mining, petrochemical, paper, pharmaceutical, sewage treatment, power plant desulfurization, and nuclear power industries. The company also maintains a significant international presence, exporting its products to approximately 20 countries and regions globally, notably the United States, Japan, Australia, France, Turkey, Iran, and Vietnam. Formerly, the company operated under the name Sichuan Nitrocell Co., Ltd.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY18.24 +0.09 (+0.50%)
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Volume Profile
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Liquidity & share structure
Average Volume
23M
Beta
0.49
Float Shares
293.36M
Free Float %
53.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.18% -6.07% -9.48% +1.98% +24.17% +20.31% +82.65% +139.29% +212.39% +53.54% +368.25%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
18.24
DCF (Unlevered) 6.78 -62.8%
DCF (Levered) 4.04 -77.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.92
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✓ MOAT relativo
  • Revenue growth Chemicals: +4.0%
    +41.3% Q1'26: +17.2% (vs Q1'25)
  • EPS growth Chemicals: +11.7%
    +1,100.0% Q1'26: +142.1% (vs Q1'25)
  • FCF margin FCF growth · Chemicals: +41.7%
    +8.2% Q1'26: -26.2% (vs Q1'25)
  • EBIT margin Chemicals: +7.1%
    +11.3% Q1'26: +16.1% (vs Q1'25)
  • ROIC Chemicals: +3.4%
    +17.7% Q1'26: +12.9% (vs Q1'25)
  • Share dilution Chemicals: +0.0%
    -7.5% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals: 0.55×
    0.27× Q1'26: 1.85× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.59) × ERP
WACC = 99% × Ke + 1% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.79 Current price: 18.24
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.75B
est: 2.72B (+1.1%)
3.46B
3.46B – 3.46B
+27.2% YoY
4.28B
4.28B – 4.28B
+23.6% YoY
5.27B
5.27B – 5.27B
+23.2% YoY
EBITDA
418.92M
est: 230.55M (+81.7%)
293.34M
293.34M – 293.34M
+27.2% YoY
362.62M
362.62M – 362.62M
+23.6% YoY
446.68M
446.68M – 446.68M
+23.2% YoY
EBIT
310.74M
est: 111.25M (+179.3%)
141.55M
141.55M – 141.55M
+27.2% YoY
174.98M
174.98M – 174.98M
+23.6% YoY
215.55M
215.55M – 215.55M
+23.2% YoY
Net Income
263.02M
est: 240.89M (+9.2%)
340.39M
340.39M – 340.39M
+41.3% YoY
450.36M
450.36M – 450.36M
+32.3% YoY
581.28M
581.28M – 581.28M
+29.1% YoY
SGA
81.09M
est: 312.62M (-74.1%)
397.77M
397.77M – 397.77M
+27.2% YoY
491.72M
491.72M – 491.72M
+23.6% YoY
605.71M
605.71M – 605.71M
+23.2% YoY
EPS
0.50
est: 0.46 (+8.7%)
0.65
0.65 – 0.65
+41.3% YoY
0.86
0.86 – 0.86
+32.3% YoY
1.11
1.11 – 1.11
+29.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-28 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-27 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-26 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-25 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-22 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-21 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-20 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-19 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-18 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-15 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-14 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-13 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-12 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-11 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-08 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-07 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-05-06 B 3/5 3/5 4/5 5/5 2/5 1/5 1/5
2026-04-30 B 3/5 3/5 4/5 5/5 2/5 1/5 2/5
2026-04-29 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5
2026-04-28 B 3/5 3/5 4/5 5/5 2/5 1/5 2/5
2026-04-27 B 3/5 3/5 4/5 5/5 2/5 1/5 2/5
2026-04-24 B 3/5 3/5 4/5 5/5 2/5 1/5 2/5
2026-04-23 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5
2026-04-22 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5
2026-04-21 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5
2026-04-20 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5
2026-04-17 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5
2026-04-16 B 3/5 3/5 4/5 5/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
472.93M
OE per share TTM
0.89
Owner's Yield
3.97%
Maintenance CapEx ratio
9.34%
Maint CapEx / Avg PPE
43.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 3 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 146.4K 0.39%
2 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 95.9K 0.29%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 40.6K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
112.3K
Shares Outstanding
549.03M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Hecheng Yang GM & Legal Representative male
Hong Shang Financial Director & Secretary of the Board of Directors female
Hua Zhu Deputy General Manager male
Renxu Zhang Chief Scientist male
Weigang Zeng Deputy General Manager male
Weiwei Zhang Deputy General Manager female
Yongqiang Du Accounting Supervisor
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits