China's Stock Market: 25 New Materials Stocks — List

25 new materials stocks: the first-ranked stock has a P/E ratio of 23.70 and reported a net profit of RMB 250 million for the quarter! Stock Tickers: Hesheng Silicon Industry, Sinoceramic Materials, GEM Co., Ltd., Hengdian Eastern Magnetic, Fangda Carbon Black, Dongyue Silicon Materials, Walrus Materials, Jinbo Co., Ltd., Yunhai Metals, Jinhui Permanent Magnet, Kuncai Technology, Galaxy Magnets, Western Superconducting, Quartz Co., Ltd., Dongmu Shares, Yingluohua, Lianrui New Materials, Feilihua, Jianlong Weina, Zhenghai Magnetics, Zhonggang Tianyuan, Suotong Development, Tianai Technology, Zhongke Sanhuan, Yicheng New Energy

A 15-fold Surge: The 'Rampage' and Sudden 'Brake' of the Speculative Stock Shangwei New Materials

Fundamental Deterioration: Earnings Unable to Support High Valuation Although its share price surged dramatically, Shangwei New Materials’ fundamentals tell a different story. According to information on its official website, Shangwei New Materials was founded in 1992 and operates manufacturing facilities in Shanghai, Tianjin, Jiangsu, Nantou (Taiwan), and Malaysia; its New Materials Business Headquarters is located in Shanghai. The company listed on the STAR Market in September 2020, focusing on environmentally friendly high-performance corrosion-resistant materials and wind turbine blade materials. Its product portfolio includes multiple series—such as vinyl ester resins—and falls squarely within the new materials sector. Its primary downstream application areas are energy conservation & environmental protection and new energy. As shown in the ‘Application Cases’ section on its official website, its products are deployed across numerous scenarios—including power plants, wind turbine blades, steel mills, and industries such as food, pharmaceuticals, petrochemicals, and more. Notably, following the announcement of a prior acquisition, journalists raised questions regarding potential synergies between the two companies’ core businesses—Shangwei’s focus on new materials versus the other party’s robotics specialization. A representative from Shangwei’s Securities Department responded: “Some of our existing business lines do indeed serve the robotics sector; specific plans for business synergy will be disclosed publicly after integration has progressed for some time.” However, reviewing the wide range of application fields highlighted in Shangwei’s official ‘Application Cases,’ no robotics-related applications have yet been publicly disclosed. If any such applications exist, they likely remain at an early-stage planning or exploratory phase, awaiting further development and implementation. Looking back at Shangwei’s first year post-listing, the company demonstrated robust growth: revenue reached RMB 1.946 billion, up 44.28% year-on-year; net profit attributable to shareholders amounted to RMB 119 million, surging 51.98% year-on-year. Yet this momentum proved short-lived. One year later, in 2021, the company’s performance abruptly reversed: revenue edged up slightly to RMB 2.073 billion, but net profit attributable to shareholders plunged to just RMB 12.58 million—a staggering 89.43% decline year-on-year. In its annual report, the company attributed this sharp downturn to a confluence of factors—including steep increases in raw material prices, global shipping capacity shortages, and soaring freight rates—significantly intensifying operational pressures. Thereafter, Shangwei’s revenue entered a sustained downward trend: RMB 1.86 billion in 2022 (down 10.27% year-on-year); RMB 1.4 billion in 2023 (a further 24.74% decline year-on-year); and RMB 1.494 billion in 2024—representing only a modest 6.73% increase. Net profit over the same period stood at RMB 84.15 million (2022), RMB 70.94 million (2023), and RMB 88.68 million (2024)—relatively stable but far removed from the explosive growth seen during its initial public offering period. According to Shangwei’s 2025 semi-annual report, main operating revenue totaled RMB 784 million, up 12.5% year-on-year—appearing resilient—but net profit attributable to shareholders amounted to only RMB 29.90 million, down 32.91% year-on-year; non-recurring net profit stood at RMB 26.04 million, down 37.02% year-on-year. This divergence between revenue growth and profitability signals deteriorating earnings quality—and, more alarmingly, accelerating quarterly deterioration. Breaking down the data by quarter: In Q2 2025, main operating revenue reached RMB 415 million, up 14.2% year-on-year; however, net profit attributable to shareholders fell sharply to just RMB 7.35 million—down 67% sequentially from RMB 22.55 million in Q1; non-recurring net profit dropped to RMB 4.80 million—down a dramatic 77.4% from RMB 21.25 million in Q1. These figures indicate rapidly accelerating erosion of profitability.

Rayonier Advanced Materials Stock Falls 2.09 Percent on October 7

Oct 8, 2026

Rayonier Advanced Materials shares dropped 2.09% to $6.80 after missing adjusted EPS estimates despite beating revenue. The firm is developing a 70 MW biomass cogeneration project scheduled for 2029 commercial operations.

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