Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
603213.SS
SELLREMOVEZhejiang Oceanking Development Co., Ltd. · Basic Materials · China · $960M · Avg Vol: $12M/d
Zhejiang Oceanking Development manufactures industrial stainless steel pipes. It is a highly cyclical, capital-intensive business with low pricing power and heavy exposure to raw nickel and chromium prices.
COMPANY DESCRIPTION
Zhejiang Oceanking Development Co., Ltd. manufactures specialty chemical products, focusing on concrete admixtures, coal water slurry dispersants, and other environmental chemicals. The company's products are widely used in large-scale infrastructure projects, commercial concrete production, and clean energy applications. Its competitive moat is sustained by strong R&D in polymer synthesis, customized technical service capabilities, and a dominant market position in eastern China's construction chemicals sector.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 379M | 313M | 428M | 388M | 0.8% |
| EPS | 0.13 | 0.08 | 0.07 | 0.03 | -42.0% |
| Shares | 435M | 435M | 435M | 442M | +1.6% |
| Debt | 739,904 | 43M | 101M | 105M | 421.8% |
| Equity | 253M | 262M | 285M | 287M | 4.2% |
| Op CF | 78M | 7M | -3M | 47M | -15.3% |
| Inv CF | -43M | -73M | -26M | -36M | — |
| Fin CF | -44M | 13M | 48M | -6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 603213.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 603213.SS | Zhejiang Oceanking Development Co., Ltd.(you) | $960M | 32 | SELL |
| 300706.SZ | Fujian Acetron New Materials Co., Ltd. | $1.1B | 32 | SELL |
| 300856.SZ | Nanjing COSMOS Chemical Co., Ltd. | $894M | 30 | SELL |
| 000059.SZ | North Huajin Chemical Industries Co.,Ltd | $1.0B | 27 | SELL |
| 300801.SZ | Shandong Taihe Technologies Co., Ltd. | $871M | 37 | HOLD |
| 605077.SS | Zhejiang Huakang Pharmaceutical Co., Ltd. | $788M | 36 | HOLD |
| 301617.SZ | Shandong Boyuan Pharmaceutical & Chemical Co., Ltd. | $1.3B | 29 | SELL |
| 600929.SS | Snowsky Salt Industry Group CO.,LTD | $1.3B | 28 | SELL |
| 603612.SS | Sunstone Development Co., Ltd. | $1.5B | 35 | SELL |
| 002971.SZ | Hubei Heyuan Gas Co.,Ltd. | $1.1B | 23 | SELL |
Peer medians: ROE 6.2% · P/E 33.1x · Gross margin 17.5%