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Jiangsu Changhai Composite Materials Co., Ltd (300196.SZ)

CNY19.48 -0.97 (-4.74%)
CN SHZ Basic Materials Chemicals
Address Tangqiao Village 213102
Changzhou, CN
CEO Peng Wei Yang
IPO 2011-03-29
ISIN CNE1000011M2

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Description

Jiangsu Changhai Composite Materials Co., Ltd is a comprehensive enterprise dedicated to the research, development, manufacturing, sales, and support of fiberglass-based composite materials. The company offers a wide array of products, starting with various resins, including unsaturated polyester resins. Its extensive product line features numerous fiberglass reinforcements, such as those specifically engineered for printed circuit boards (PCBs) and battery separators, alongside different types of rovings like assembled, panel, sheet molding compound (SMC), and woven varieties. They also produce rovings for chopped strand mats and pultrusion, as well as fiberglass wet chopped strands. Further offerings include coated tissues designed for polyurethane foams, woven meshes, chopping rovings utilized in headliners, and both standard and lightweight chopped strand mats. Their non-woven segment encompasses coated tissues for gypsum sheathing, various tissues for wall coverings, carpet tiles, pipes, and roofing applications, in addition to surfacing veils. The portfolio also extends to battery separators, combotex roving, continuous fiber-reinforced thermoplastic tapes, specific assembled and direct rovings for thermoplastics, and bulk molding compound (BMC) products. Moreover, a range of chemical derivatives such as hydroxypropyl methacrylate, hydroxyethyl methacrylate (HEMA), hydroxypropyl acrylate (HPA), and hydroxyethyl acrylate (HEA) are produced. These diverse materials find application across numerous sectors, including automotive manufacturing, marine vessels (yachts), private facilities, storage tanks, pipeline coatings, cooling towers, and architectural decoration. Established in Changzhou, China, in 2000, Jiangsu Changhai Composite Materials has cultivated a significant international presence, distributing its products to approximately 30 countries and regions globally, including markets in North America, South America, Europe, the Middle East, Southeast Asia, Oceania, and Africa, complementing its strong domestic sales in China.

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
CNY19.48 -0.97 (-4.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
34M
Beta
0.75
Float Shares
227.71M
Free Float %
55.7%
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
19.48
Ratings Trend (MoM) 100% Bullish
Rating 2026-04 Change
Strong Buy 2 0
Buy 3 -1
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.09
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals: +4.0%
    +17.7% Q1'26: -3.8% (vs Q1'25)
  • EPS growth Chemicals: +11.7%
    +17.9% Q1'26: +0.0% (vs Q1'25)
  • FCF margin FCF growth · Chemicals: +41.7%
    -9.9% Q1'26: -13.3% (vs Q1'25)
  • EBIT margin Chemicals: +7.1%
    +11.5% Q1'26: +13.5% (vs Q1'25)
  • ROIC Chemicals: +3.4%
    +6.5% Q1'26: +8.9% (vs Q1'25)
  • Share dilution Chemicals: +0.0%
    +7.1% Q1'26: -1.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals: 0.55×
    2.76× Q1'26: 1.75× (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 (1.23) × ERP
WACC = 83% × Ke + 18% × Kd (3.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 19.48
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 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
1.52B
est: 1.53B (-0.7%)
1.77B
est: 2.01B (-12.2%)
2.03B
est: 2.07B (-2.0%)
2.20B
est: 2.20B (0.0%)
2.21B
est: 2.33B (-5.3%)
2.04B
est: 2.15B (-5.0%)
2.82B
est.
2.51B
est: 3.04B (-17.6%)
3.02B
est: 2.52B (+19.6%)
2.61B
est: 2.52B (+3.3%)
2.66B
est: 2.59B (+2.7%)
3.13B
est: 3.09B (+1.3%)
3.49B
3.41B – 3.57B
+12.8% YoY
4.03B
3.85B – 4.20B
+15.4% YoY
4.64B
4.48B – 4.79B
+15.1% YoY
EBITDA
384.27M
est: 409.64M (-6.2%)
448.29M
est: 540.37M (-17.0%)
365.69M
est: 555.40M (-34.2%)
446.64M
est: 590.03M (-24.3%)
480.69M
est: 626.32M (-23.3%)
464.04M
est: 577.37M (-19.6%)
757.00M
est.
816.08M
est: 816.23M (0.0%)
1.05B
est: 665.49M (+57.4%)
593.40M
est: 665.49M (-10.8%)
569.47M
est: 683.79M (-16.7%)
640.25M
est: 815.49M (-21.5%)
920.09M
899.18M – 941.00M
+12.8% YoY
1.06B
1.02B – 1.11B
+15.4% YoY
1.22B
1.18B – 1.26B
+15.1% YoY
EBIT
283.21M
est: 297.65M (-4.9%)
335.08M
est: 392.64M (-14.7%)
250.23M
est: 403.56M (-38.0%)
314.74M
est: 428.72M (-26.6%)
336.80M
est: 455.09M (-26.0%)
311.86M
est: 419.52M (-25.7%)
550.04M
est.
661.79M
est: 593.09M (+11.6%)
856.40M
est: 473.84M (+80.7%)
374.44M
est: 473.84M (-21.0%)
351.42M
est: 486.87M (-27.8%)
361.50M
est: 580.65M (-37.7%)
655.12M
640.23M – 670.01M
+12.8% YoY
756.16M
723.92M – 788.40M
+15.4% YoY
870.55M
841.33M – 899.77M
+15.1% YoY
Net Income
213.54M
est: 248.71M (-14.1%)
257.63M
est: 286.97M (-10.2%)
201.94M
est: 260.48M (-22.5%)
263.08M
est: 273.73M (-3.9%)
289.45M
est: 318.76M (-9.2%)
270.69M
est: 326.71M (-17.1%)
607.06M
est.
572.41M
est: 841.05M (-31.9%)
817.31M
est: 221.32M (+269.3%)
296.08M
est: 221.32M (+33.8%)
274.78M
est: 326.41M (-15.8%)
326.44M
est: 408.59M (-20.1%)
461.54M
454.13M – 481.79M
+13.0% YoY
581.39M
543.06M – 599.38M
+26.0% YoY
650.31M
631.10M – 669.53M
+11.9% YoY
SGA
202.03M
est: 28.90M (+599.2%)
230.73M
est: 38.12M (+505.3%)
188.60M
est: 39.18M (+381.4%)
201.95M
est: 41.62M (+385.2%)
215.18M
est: 44.18M (+387.0%)
163.54M
est: 40.73M (+301.5%)
53.40M
est.
148.86M
est: 57.58M (+158.5%)
170.71M
est: 138.35M (+23.4%)
184.98M
est: 138.35M (+33.7%)
194.33M
est: 142.15M (+36.7%)
44.49M
est: 169.53M (-73.8%)
191.27M
186.93M – 195.62M
+12.8% YoY
220.77M
211.36M – 230.19M
+15.4% YoY
254.17M
245.64M – 262.70M
+15.1% YoY
EPS
0.56
est: 0.56 (-0.6%)
0.65
est: 0.65 (+0.0%)
0.48
est: 0.59 (-18.6%)
0.63
est: 0.62 (+1.6%)
0.71
est: 0.72 (-1.7%)
0.66
est: 0.74 (-10.8%)
1.38
est.
1.40
est: 1.91 (-26.5%)
2.00
est: 0.50 (+297.1%)
0.72
est: 0.50 (+42.9%)
0.68
est: 0.75 (-9.3%)
0.81
est: 0.93 (-12.4%)
1.07
1.03 – 1.10
+15.1% YoY
1.30
1.24 – 1.36
+22.1% YoY
1.48
1.44 – 1.52
+13.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 B 3/5 1/5 4/5 5/5 1/5 2/5 4/5
2026-04-23 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-191.88M
OE per share TTM
-0.48
Owner's Yield
-2.51%
Maintenance CapEx ratio
74.53%
Maint CapEx / Avg PPE
102.0%

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 16 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 349.2K 0.06%
2 Dimensional - Emerging Markets Value ETF DFEV 0.00% 46.4K 0.46%
3 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 179.2K 0.39%
4 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 87.5K 0.29%
5 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 10.7K 0.48%
6 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 24.1K 0.26%
7 Vanguard FTSE Emerging Markets ETF VWO 0.00% 1.19M 0.06%
8 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 66.0K 0.28%
9 Vanguard Total International Stock ETF VXUS 0.00% 1.21M 0.05%
10 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 1.9K 0.22%

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
116.8K
Shares Outstanding
408.72M

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
Ji Xing Qi Deputy General Manager male
Li Ping Shao Deputy GM & Non-Independent Director female
Peng Wei Yang GM & Director male
Weibing Fei Vice President & Board Secretary male
Xixu Zhou Accounting Supervisor, Chief Financial Officer & Non-Independent Director male
Zhou Yuanlong Deputy GM & Non-Independent Director male
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