Zhejiang Chinastars New Materials Group Co Ltd

Zhejiang Chinastars New Materials Group Co Ltd is a China-based company primarily engaged in the research, design, production, and sales of reflective materials and their products. The Company's main products include reflective materials, reflective apparel, and other reflective products such as reflective webbing, binding strips, and reflective patterns. The Company's reflective apparel is used in occupational safety fields such as traffic police, sanitation, fire protection, construction, mining, petrochemicals, airports, food delivery and express delivery. The Company primarily operates in the domestic market.

• Feedstock spread (price - input cost) (leading)
• Plant utilization rate (coincident)
• End-market demand (auto, construction, agri) (leading)
• Inventory destocking/restocking cycles (coincident)
• Specialty volume growth (trend)

• Energy/feedstock cost (Russia gas, Middle East oil) · exposure: high
• Trade tariffs on chemical exports/imports · exposure: medium-high
• Environmental regulation (EU REACH, US EPA) · exposure: high
• Agricultural policy (subsidies, fertilizer demand) · exposure: medium for agri-chem

• EBITDA margin % — 5-15% commodity; 15-25% specialty
• Capex/sales % — watch trough vs peak
• Plant utilization % — 82-92% healthy; <80% pressure
• ROIC — 10%+ specialty; 6-10% commodity through cycle
• Net debt / EBITDA — below 3.0x healthy; cyclical buffer

Detailed financial analysis, valuation snapshot, multi-period history, and AI narrative are pending — generated when this company is included in the next analysis batch. Profile data above is point-in-time as of 2026-04-30.