Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600929.SS
SELLREMOVESnowsky Salt Industry Group CO.,LTD · Basic Materials · China · $1.3B · Avg Vol: $18M/d
Snowsky Salt Industry is a basic salt producer with limited pricing power and high exposure to domestic industrial cycles, lacking the high-ROIC compounder characteristics required for our concentrated book.
COMPANY DESCRIPTION
Snowsky Salt Industry Group is a leading Chinese producer of edible salt, industrial salt, and soda ash, operating primarily in Hunan Province. The company possesses abundant salt mine reserves and a highly recognized consumer brand, "Snowsky," which commands a premium in the domestic market. It is a vertically integrated chemical and consumer goods player with a strong regional distribution network and expanding national footprint.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 952M | 925M | 890M | 801M | -5.6% |
| EPS | 0.08 | 0.07 | 0.03 | 0.01 | -55.8% |
| Shares | 1.5B | 1.7B | 1.7B | 1.6B | +11.2% |
| Debt | 69M | 43M | 83M | 76M | 3.0% |
| Equity | 918M | 1.1B | 1.2B | 1.1B | 6.7% |
| Op CF | 201M | 154M | 49M | 110M | -18.2% |
| Inv CF | -52M | -135M | -111M | -92M | — |
| Fin CF | -61M | 149M | -14M | 13M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 600929.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600929.SS | Snowsky Salt Industry Group CO.,LTD(you) | $1.3B | 28 | SELL |
| 301617.SZ | Shandong Boyuan Pharmaceutical & Chemical Co., Ltd. | $1.3B | 29 | SELL |
| 000059.SZ | North Huajin Chemical Industries Co.,Ltd | $1.0B | 27 | SELL |
| 600955.SS | Lihuayi Weiyuan Chemical Co., Ltd. | $1.3B | 22 | SELL |
| 300706.SZ | Fujian Acetron New Materials Co., Ltd. | $1.1B | 32 | SELL |
| 301069.SZ | Shandong Kaisheng New Materials Co.,Ltd. | $1.3B | 20 | SELL |
| 600618.SS | Shanghai Chlor-Alkali Chemical Co., Ltd. | $1.8B | 31 | SELL |
| 603612.SS | Sunstone Development Co., Ltd. | $1.5B | 35 | SELL |
| 002971.SZ | Hubei Heyuan Gas Co.,Ltd. | $1.1B | 23 | SELL |
| 688353.SS | Jiangsu HSC New Energy Materials Co.,LTD. | $2.0B | 27 | SELL |
Peer medians: ROE 6.2% · P/E 33.1x · Gross margin 17.5%