Changzhou Fusion New Material Co., Ltd. (688503.SS) has a MoatMap StockRank of 42/100 based on Quality (37/100), Value (40/100), and Momentum (52/100) factor scores. The current signal is HOLD. Changzhou Fusion New Material produces solar silver paste, which is highly commoditized and subject to severe margin squeeze from silver price spikes.
Changzhou Fusion New Material Co., Ltd. develops and manufactures conductive silver pastes used in photovoltaic solar cells. The company holds a leading market share in the domestic solar silver paste market, critical for metallization in PERC and TOPCon cells. It is a key materials supplier in the solar value chain, highly sensitive to technological transitions in photovoltaic cell architectures.
| Price | $13.80 |
| Market Cap | $3.3B |
| P/E (TTM) | 34.72 |
| P/E (Forward) | 27.41 |
| Price/Book | 3.83 |
| Return on Equity | 12.2% |
| Return on Invested Capital | 10.0% |
| Debt/Equity | 106.46 |
| Gross Margin | 8.5% |
| Operating Margin | 8.0% |
| Revenue Growth | 87.5% |
| Dividend Yield | 0.5% |
| Free Cash Flow | $-47M |
Changzhou Fusion New Material Co., Ltd. operates in the Solar industry, part of the Technology sector (China).