Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002096.SZ
HOLDFLAGExplosive Co., Ltd. · Basic Materials · China · $1.9B · Avg Vol: $19M/d
Yahua Industrial Group (Explosive Co.) has strong metrics in civil explosives and lithium processing. However, geopolitical risks surrounding Chinese domestic markets and the extreme volatility of lithium prices introduce significant binary risk that conflicts with our capital preservation goals.
COMPANY DESCRIPTION
Guangdong Hongda Holdings Group Co., Ltd. (formerly Explosive Co., Ltd.) specializes in civil explosives manufacturing, blasting services, and military defense equipment. The company is a leading integrated provider of mining services and civil explosives in China, benefiting from strict regulatory licensing barriers. Its competitive moat is reinforced by its dual-use technology capabilities and long-term service contracts with major mining operations.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 815M | 1.2B | 1.3B | 1.5B | 21.3% |
| EPS | 0.12 | 0.08 | 0.08 | 0.09 | -8.7% |
| Shares | 371M | 1.2B | 1.2B | 1.2B | +234.1% |
| Debt | 72M | 77M | 59M | 109M | 14.9% |
| Equity | 352M | 1.0B | 1.1B | 1.2B | 49.7% |
| Op CF | 112M | 107M | 98M | 118M | 1.8% |
| Inv CF | 35M | 52M | -37M | -67M | — |
| Fin CF | -102M | 84M | -49M | -1M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002096.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002096.SZ | Explosive Co., Ltd.(you) | $1.9B | 58 | HOLD |
| 0546.HK | Fufeng Group Limited | $1.9B | 57 | HOLD |
| 300446.SZ | Aerospace Intelligent Manufacturing Technology Co., Ltd. | $2.0B | 59 | HOLD |
| 300910.SZ | Xinxiang Richful Lube Additive Co.,Ltd. | $1.9B | 60 | HOLD |
| 300905.SZ | Poly Plastic Masterbatch (SuZhou) Co.,Ltd | $1.8B | 57 | HOLD |
| 002838.SZ | Shandong Dawn Polymer Co.,Ltd. | $2.4B | 59 | HOLD |
| 688359.SS | Guangzhou Sanfu New Materials Technology Co.,Ltd | $2.0B | 53 | HOLD |
| 301090.SZ | China Resources Chemical Innovative Materials Co., Ltd. | $1.6B | 62 | HOLD |
| 300576.SZ | Shenzhen RongDa Photosensitive Science & Technology Co., Ltd. | $2.4B | 55 | HOLD |
| 002250.SZ | Lianhe Chemical Technology Co.,Ltd. | $1.9B | 66 | BUY |
Peer medians: ROE 6.1% · P/E 33.7x · Gross margin 17.5%