603060.SS
SinkerChina Testing & Certification International Group Co.,Ltd. · Industrials · China · $632M cap · $3.7M/day traded
CNY 4.89 -1.6% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for China Testing & Certification International Group Co.,Ltd. (603060.SS) is 25/100, ranked against 25,000+ stocks in 38 markets (Quality 39, Value 30, Momentum 41, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT CHINA TESTING & CERTIFICATION INTERNATIONAL GROUP CO.,LTD.
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China Testing & Certification International Group Co., Ltd. (CTC) provides comprehensive testing, certification, and inspection services, primarily focusing on building materials and construction engineering. As a state-controlled enterprise, CTC possesses extensive national qualifications and laboratory networks, establishing a formidable regulatory and technical moat. It is the largest third-party testing and certification institution in China's building materials industry.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.4B | 2.7B | 2.6B | 2.6B | 2.4% | 2.5B | 2.7B | 2.9B | 5.3% |
| EPS (CNY) | 0.32 | 0.32 | 0.25 | 0.15 | -22.4% | 0.05 | 0.17 | 0.20 | 16.3% |
| Shares | 802.1M | 803.9M | 803.9M | 804.0M | +0.2% | 804.0M | — | — | — |
| Debt | 1.1B | 1.5B | 1.9B | 1.8B | 18.2% | 2.0B | — | — | — |
| Equity | 1.8B | 1.9B | 2.1B | 2.1B | 6.0% | — | — | — | — |
| Op CF | 276.3M | 285.7M | 269.0M | 362.0M | 9.4% | 234.2M | — | — | — |
| Inv CF | -418.3M | -461.7M | -223.6M | -203.8M | — | — | — | — | — |
| Fin CF | 149.7M | 242.4M | 176.3M | -270.2M | — | — | — | — | — |
Made a new 52-week low 8 trading days ago, 39% below its 52-week high. The fall has not stopped yet.
Calmer than 60% of stocks we rank over the past year (volatility 37% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 603060.SS are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 603060.SS | China Testing & Certification International Group Co.,Ltd.(you) | $632M | 25 |
| 002967.SZ | GRG Metrology & Test Group Co., Ltd. | $1.6B | 54 |
| 301548.SZ | Hunan SUND Technological Corporation | $651M | 26 |
| 301028.SZ | Xiamen Dingrongyan Technology Co., Ltd. | $690M | 24 |
| 603344.SS | Cinderson Tech (Suzhou) Co., Ltd. | $610M | 26 |
| 300545.SZ | Shenzhen Liande Automation Equipment co.,ltd. | $645M | 27 |
| 300099.SZ | Uroica Precision Information Engineering Co.,Ltd | $647M | 28 |
| 688379.SS | Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. | $667M | 22 |
| 301187.SZ | Suzhou Alton Electrical & Mechanical Industry Co., Ltd. | $552M | 23 |
| 002560.SZ | Henan Tong-Da Cable Co., Ltd. | $643M | 29 |
Peer medians: ROE 5.3% · P/E 28.6x · Gross margin 21.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.