What is North Chemical Industries Co., Ltd.'s (002246.SZ) StockRank?

MoatMap's StockRank for North Chemical Industries Co., Ltd. (002246.SZ) is 57/100, with a Hold signal. This is a composite score combining Quality (70), Value (20), and Momentum (56) factor ranks across MoatMap's 20,000+ stock universe.

Does North Chemical Industries Co., Ltd. have an economic moat?

North Chemical Industries Co., Ltd. (002246.SZ) has a Quality factor score of 70/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is North Chemical Industries Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for North Chemical Industries Co., Ltd. (002246.SZ) is Hold, based on a StockRank of 57/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is North Chemical Industries Co., Ltd. in?

North Chemical Industries Co., Ltd. (002246.SZ) operates in the Basic Materials sector, specifically the Chemicals industry (China).

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002246.SZ

HOLDREMOVE

North Chemical Industries Co., Ltd. · Basic Materials · China · $1.8B · Avg Vol: $66M/d

StockRank

P/E (TTM)

37.0x

ROE

9.4%

D/E

0.0x

Dividend %

0.3%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

North Chemical Industries manufactures chemical products. Like other chemical producers, it is highly sensitive to energy and raw material costs, which are pressured by global energy instability, making it a thematic casualty.

COMPANY DESCRIPTION

North Chemical Industries Co., Ltd. manufactures nitrocellulose, chemical products, and defense-related materials. It is the world's largest producer of nitrocellulose, benefiting from state-backed defense industry integration and high regulatory barriers. The company is a dominant global niche leader in specialty chemical manufacturing with a strong state-owned background.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	378M	319M	288M	406M	2.4%
EPS	0.03	0.01	-0.01	0.07	41.3%
Shares	549M	549M	549M	549M	0.0%
Debt	12M	10M	11M	18M	14.8%
Equity	422M	426M	418M	452M	2.3%
Op CF	16M	-17M	12M	54M	49.6%
Inv CF	1M	41M	-41M	16M	—
Fin CF	-6M	-6M	-3M	5M	—

PRICE (1M)-17.3%

SMA 50SMA 200

$2.97

RSI (14)

37.0

52W High

$4.10

From 52W High

0.7%

SCORE BREAKDOWN

Quality

ROIC

9.2%72.4

ROE

9.4%71.1

GP/Assets

16.4%61.5

Op. Margin

16.5%78.2

FCF/Assets

1.9%61.4

Piotroski

—81.2

Int. Cover

50.0x93.3

D/E Ratio

0.04x78.2

Current Ratio

2.25x54.0

Value

P/E (TTM)

37.0x27.9

EV/EBITDA

25.2x13.8

P/FCF

839.6x10.5

P/B

3.6x27.5

P/S

4.0x28.6

Div Yield

0.3%14.8

Momentum

52W High %

72%49.3

RS 6M

9%66.1

SMA 50/200

1.12x66.0

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

145%79.1

FUNDAMENTALS

Market Cap

$1.8B

P/E (Forward)

—

Gross Margin

29.9%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002246.SZ are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
002246.SZ	North Chemical Industries Co., Ltd.(you)	$1.8B	57	HOLD
600367.SS	Guizhou RedStar Developing Co.,Ltd.	$1.6B	57	HOLD
002167.SZ	Guangdong Orient Zirconic Ind Sci & Tech Co.,Ltd	$1.5B	56	HOLD
603931.SS	Hangzhou Greenda Electronic Materials Co., Ltd.	$1.9B	60	HOLD
688035.SS	Darbond Technology Co., Ltd	$1.6B	53	HOLD
002125.SZ	Xiangtan Electrochemical Scientific Co.,Ltd	$1.4B	54	HOLD
603938.SS	Tangshan Sunfar Silicon Industries Co.,Ltd.	$2.6B	54	HOLD
603299.SS	Jiang Su Suyan Jingshen Co.,Ltd	$1.4B	50	HOLD
688758.SS	Suzhou Sepax Technologies Co., Ltd.	$1.1B	58	HOLD
605183.SS	Quechen Silicon Chemical Co., Ltd.	$993M	56	HOLD

Peer medians: ROE 6.1% · P/E 33.1x · Gross margin 17.5%

North Chemical Industries Co., Ltd. (002246.SZ) — Stock Score Summary

North Chemical Industries Co., Ltd. (002246.SZ) has a MoatMap StockRank of 57/100 based on Quality (70/100), Value (20/100), and Momentum (56/100) factor scores. The current signal is HOLD. North Chemical Industries manufactures chemical products. Like other chemical producers, it is highly sensitive to energy and raw material costs, which are pressured by global energy instability, making it a thematic casualty.

Key Financial Metrics

Price	$2.97
Market Cap	$1.8B
P/E (TTM)	37.02
Price/Book	3.64
Return on Equity	9.4%
Return on Invested Capital	9.2%
Debt/Equity	3.69
Gross Margin	29.9%
Operating Margin	16.5%
Revenue Growth	17.2%
Dividend Yield	0.3%
Free Cash Flow	$2M

North Chemical Industries Co., Ltd. operates in the Chemicals industry, part of the Basic Materials sector (China).

Frequently Asked Questions

What is North Chemical Industries Co., Ltd.’s (002246.SZ) StockRank?: MoatMap’s StockRank for North Chemical Industries Co., Ltd. (002246.SZ) is 57/100, with a Hold signal. It is a composite of Quality (70), Value (20), and Momentum (56) factor ranks across MoatMap’s 20,000+ stock universe.
Does North Chemical Industries Co., Ltd. have an economic moat?: North Chemical Industries Co., Ltd. (002246.SZ) has a Quality factor score of 70/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is North Chemical Industries Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for North Chemical Industries Co., Ltd. (002246.SZ) is Hold, based on a StockRank of 57/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is North Chemical Industries Co., Ltd. in?: North Chemical Industries Co., Ltd. (002246.SZ) operates in the Basic Materials sector, specifically the Chemicals industry (China).