Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
002226.SZ
HOLDFLAGAnhui Jiangnan Chemical Industry Co.,Ltd. · Basic Materials · China · $2.0B · Avg Vol: $31M/d
Anhui Jiangnan Chemical produces civil explosives, a critical input for the mining sector. As copper and other mining activities ramp up globally, demand for explosives is structurally rising. However, state-owned enterprise governance risks in China limit our conviction.
COMPANY DESCRIPTION
Anhui Jiangnan Chemical Industry Co.,Ltd. manufactures industrial explosives and detonators, and provides civil blasting services for mining and infrastructure. It operates under strict state-licensed barriers to entry, holding a dominant market share in China's civil explosives industry. The company is a highly regulated, leading civil blasting service provider with expanding international operations.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 1.2B | 1.3B | 1.5B | 1.5B | 8.5% |
| EPS | 0.03 | 0.04 | 0.05 | 0.04 | 16.5% |
| Shares | 2.6B | 2.6B | 2.6B | 2.6B | 0.0% |
| Debt | 579M | 675M | 742M | 1.0B | 21.5% |
| Equity | 1.3B | 1.3B | 1.4B | 1.4B | 1.9% |
| Op CF | 225M | 169M | 167M | 175M | -8.0% |
| Inv CF | -99M | -101M | -128M | -293M | — |
| Fin CF | -81M | -135M | -35M | 140M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002226.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 002226.SZ | Anhui Jiangnan Chemical Industry Co.,Ltd.(you) | $2.0B | 44 | HOLD |
| 301489.SZ | GuangDong Suqun New Material Co.,Ltd. | $2.6B | 44 | HOLD |
| 002741.SZ | Guangdong Guanghua Sci-Tech Co., Ltd. | $2.0B | 38 | HOLD |
| 301238.SZ | Jiangsu Ruitai New Energy Materials Co., Ltd. | $2.8B | 44 | HOLD |
| 300409.SZ | Guangdong Dowstone Technology Co., Ltd. | $2.6B | 42 | HOLD |
| 0546.HK | Fufeng Group Limited | $1.9B | 51 | HOLD |
| 301216.SZ | Wankai New Materials Co., Ltd. | $2.1B | 51 | HOLD |
| 688106.SS | Jinhong Gas Co.,Ltd. | $2.0B | 34 | SELL |
| 002010.SZ | Transfar Zhilian Co., Ltd. | $2.2B | 36 | HOLD |
| 603826.SS | Fujian Kuncai Material Technology Co., Ltd. | $3.1B | 43 | HOLD |
Peer medians: ROE 6.1% · P/E 33.7x · Gross margin 17.5%