Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
601890.SS
SELLFLAGAsian Star Anchor Chain Co., Ltd. Jiangsu · Industrials · China · $1.3B · Avg Vol: $35M/d
Asian Star Anchor Chain is a leading global manufacturer of marine anchor chains and mooring chains for offshore oil and gas platforms. It is a niche industrial beneficiary of increased offshore energy exploration and longer maritime shipping routes, but its state-owned enterprise structure and capital-intensive nature limit its appeal as a high-ROIC compounder.
COMPANY DESCRIPTION
Jiangsu Asian Star Anchor Chain Co., Ltd. is the world's largest manufacturer of marine anchor chains and offshore mooring chains. The company's products are critical components for large shipping vessels and deep-water oil and gas drilling platforms globally. Its competitive moat is established through stringent international maritime certifications, proprietary manufacturing technologies, and a dominant global market share.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 224M | 285M | 294M | 310M | 11.4% |
| EPS | 0.02 | 0.04 | 0.04 | 0.05 | 28.8% |
| Shares | 959M | 959M | 959M | 959M | 0.0% |
| Debt | 64M | 67M | 109M | 160M | 35.9% |
| Equity | 481M | 509M | 536M | 563M | 5.4% |
| Op CF | 27M | 37M | 24M | 38M | 12.6% |
| Inv CF | -55M | -5M | -67M | -23M | — |
| Fin CF | 11M | 5M | 22M | -409,826 | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 601890.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 601890.SS | Asian Star Anchor Chain Co., Ltd. Jiangsu(you) | $1.3B | 24 | SELL |
| 002023.SZ | Sichuan Haite High-tech Co.,Ltd | $1.2B | 24 | SELL |
| 300397.SZ | Xi'an Tianhe Defense Technology Co., Ltd. | $997M | 24 | SELL |
| 600391.SS | Aecc Aero Science and Technology Co.,Ltd | $1.7B | 23 | SELL |
| 2866.HK | COSCO SHIPPING Development Co., Ltd. | $1.7B | 27 | SELL |
| 688239.SS | Guizhou Aviation Technical Development Co., Ltd | $1.7B | 29 | SELL |
| 688510.SS | Wuxi Hyatech Co.,Ltd. | $982M | 18 | STRONG SELL |
| 300696.SZ | Chengdu ALD Aviation Manufacturing Corporation | $1.3B | 13 | STRONG SELL |
| 002985.SZ | Beijing Beimo High-tech Frictional Material Co.,Ltd | $1.5B | 34 | SELL |
| 688543.SS | Jiangxi Guoke Defence Group Co.,Ltd. | $1.6B | 33 | SELL |
Peer medians: ROE 6.0% · P/E 34.8x · Gross margin 22.9%