China Sanjiang Fine Chemicals Co., Ltd. AI Stock Analysis
Want to see HK:2198 full AI Analyst Report?
China Sanjiang Fine Chemicals Co., Ltd. (2198) AI Stock Analysis
China Sanjiang Fine Chemicals Co., Ltd.
(HKEX:2198)
The overall score is held down by weak financial quality, as high leverage, thin margins, and negative free cash flow offset the recent recovery in revenue and profits. Supportive technicals, with the price in a clear uptrend and strong momentum, and a low earnings multiple that points to potential undervaluation, improve the outlook but do not fully counterbalance the underlying balance sheet and cash generation risks.
China Sanjiang Fine Chemicals Co., Ltd. (2198) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.63B
- Dividend Yield
- 4.75%
- Average Volume (3M)
- 2.05M
- Price to Earnings (P/E)
- 4.1
- Beta (1Y)
- 1.03
- Revenue Growth
- 0.90%
- EPS Growth
- 16.54%
- Country
- Hong Kong
- Employees
- 1,470
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals
China Sanjiang Fine Chemicals Co., Ltd. Business Overview & Revenue Model
Company Description
China Sanjiang Fine Chemicals Company Limited functions as an investment holding enterprise within the People's Republic of China, focusing on the production and distribution of a diverse range of chemical products. Its primary offerings include ethy...
How the Company Makes Money
The company makes money primarily by manufacturing petrochemical and fine-chemical products and selling them to industrial customers. Its core revenue stream comes from (1) sales of propylene oxide (PO), which is an intermediate chemical used to prod...
China Sanjiang Fine Chemicals Co., Ltd. Financial Statement Overview
Summary
Revenue has more than doubled since 2022 and profitability has returned, but net margins remain very thin, leverage is high, and free cash flow is still deeply negative, keeping overall financial quality weak despite recent improvement.
Income Statement
45NeutralBalance Sheet
35NegativeCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.83B | 18.47B | 19.59B | 13.13B | 8.82B | 9.50B |
| Gross Profit | 1.49B | 898.20M | 1.11B | 168.77M | -70.38M | 634.52M |
| EBITDA | 2.32B | 1.69B | 1.90B | 812.91M | 371.89M | 406.10M |
| Net Income | 753.20M | 407.26M | 532.55M | 91.48M | -307.88M | 380.61M |
Balance Sheet | ||||||
| Total Assets | 21.53B | 22.38B | 22.11B | 21.00B | 18.26B | 14.28B |
| Cash, Cash Equivalents and Short-Term Investments | 1.93B | 2.23B | 888.79M | 380.05M | 368.44M | 851.83M |
| Total Debt | 11.05B | 11.82B | 11.00B | 10.27B | 10.52B | 6.27B |
| Total Liabilities | 15.72B | 17.08B | 17.21B | 16.64B | 13.93B | 9.54B |
| Stockholders Equity | 5.74B | 5.32B | 4.91B | 4.38B | 4.30B | 4.67B |
Cash Flow | ||||||
| Free Cash Flow | -773.11M | -677.70M | -398.88M | -1.29B | -3.52B | -834.29M |
| Operating Cash Flow | 817.07M | 912.48M | 1.06B | -122.01M | -910.52M | 1.63B |
| Investing Cash Flow | -836.77M | -1.55B | -1.39B | -790.28M | -1.97B | -3.29B |
| Financing Cash Flow | 285.23M | 717.35M | 533.27M | 1.06B | 2.50B | 1.48B |
China Sanjiang Fine Chemicals Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2198, the sentiment is Negative. The current price of 3.15 is below the 20-day moving average (MA) of 3.45, below the 50-day MA of 3.67, and below the 200-day MA of 3.88, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 31.22 is Neutral, neither overbought nor oversold. The STOCH value of 17.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2198.
China Sanjiang Fine Chemicals Co., Ltd. Peers Comparison
Overall Rating
HK:074682Outperform
HK:018973Outperform
HK:060958Neutral- HK:219856Neutral
HK:661646Neutral
HK:190740Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0746 | 82Outperform | HKD 3.89B | 6.57 | 8.77% | 7.61% | 2.52% | 2.16% |
| HK:0189 | 73Outperform | HKD 14.84B | 6.87 | 12.67% | 3.37% | 7.79% | 48.48% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| HK:0609 | 58Neutral | HKD 821.32M | 13.96 | 2.08% | 3.19% | 16.60% | -12.13% |
| HK:2198 | 56Neutral | HKD 3.70B | 4.11 | 13.63% | 4.75% | 0.90% | 16.54% |
| HK:6616 | 46Neutral | HKD 10.29B | -14.89 | -18.41% | ― | 165.47% | -398.61% |
| HK:1907 | 40Underperform | HKD 6.70B | 23.12 | 1.89% | 1.28% | -1.88% | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2198 | China Sanjiang Fine Chemicals Co., Ltd. | 3.15 | 0.38 | 13.78% | |
| HK:1907 | China Risun Group Ltd. | 1.48 | -0.85 | -36.43% | |
| HK:0609 | Tiande Chemical Holdings Limited | 0.94 | -0.45 | -32.34% | |
| HK:0189 | Dongyue Group Limited | 8.89 | -1.76 | -16.53% | |
| HK:6616 | Global New Material International Holdings Limited | 8.23 | 1.63 | 24.77% | |
| HK:0746 | Lee & Man Chemical Co. Ltd. | 4.60 | -0.77 | -14.37% |
China Sanjiang Fine Chemicals Co., Ltd. Corporate Events
China Sanjiang Renews Four Connected-Party Chemical Agreements
China Sanjiang Fine Chemicals renewed four framework agreements with Jiahua Energy Chemical on November 2, covering steam, fatty alcohol, storage and loading services, and ethylene for 2027 through 2029. The annual transaction caps are RMB1 billion,...
China Sanjiang Clarifies Connected Status of Naphtha Shipping Partner
China Sanjiang Fine Chemicals Company Limited has issued a supplemental announcement to its 2025 annual report, clarifying details of its naphtha transportation arrangements. The company operates in the fine chemicals industry and relies on shipping...
China Sanjiang Signs Connected Energy Management Deal for Storage Facility
China Sanjiang Fine Chemicals’ subsidiary Sanjiang Chemical has entered into an energy management agreement with Jifeng Cornerstone, now a connected party after a change in its shareholding structure made it an associate of the company’s controlling...
China Sanjiang Fine Chemicals Doubles Interim Profit on Integrated Operations and High-Value Petrochemicals
China Sanjiang Fine Chemicals Company Limited, a Cayman Islands-incorporated petrochemical producer listed in Hong Kong, operates vertically integrated EO/EG and ethylene-propylene facilities. Its flexible feedstock strategy and emphasis on high-valu...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 30, 2026