CoCreation Grass Co Ltd
605099 · Leisure Products · China
CoCreation Grass Co Ltd is a China-based company primarily engaged in the research, development, production, and sales of artificial turf. The Company's artificial turf products include sports turf and leisure turf. The Company’s sports turf products are used in football fields, rugby fields, hockey fields, tennis courts, and multi-purpose sports fields. The Company’s leisure turf products are mainly used in residential landscaping, commercial offices, municipal greening, exhibitions, and other scenarios. The Company is also engaged in turf installation and other businesses. The Company distributes its products within the domestic market and to overseas markets.
- 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.