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Stock Screener·China·Basic Materials·300429.SZ
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Changzhou Tronly New Electronic Materials Co., Ltd. Stocks

CN¥ 15.49Last Updated 10.07.2026

Issuer Rating

4/7
Performance

Modest

Risk

Limited

Recommendation

Hold

Market Cap

CN¥ 1.31B

CN¥ 15.49
Key Takeaways

Risk factor

Good trading liquidity

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Data is available to registered users only

Profitability factor

Greatly overvalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Changzhou Tronly New Electronic Materials Co., Ltd., established in 1987 with headquarters in Changzhou, China, operates internationally as a specialist in the research, development, manufacturing, and global distribution of advanced electronic materials and plastic goods. The company's extensive product line features various photoinitiators. The HABI series is predominantly employed in dry film and liquid photoresist systems for printed circuit board (PCB) fabrication, in addition to other photocurable formulations. PBG series photoinitiators are integral to display panel technologies (including RGB and BM photoresists), semiconductor packaging, colored UV-curable inks, coatings, and adhesives. Tronly also provides free radical photoinitiators for a broad spectrum of photocurable coatings, inks, and adhesives, such as those used in wood and plastic finishes, offset printing, and inkjet applications. Correspondingly, cationic photoinitiators address the needs of photocurable coatings, inks, and adhesives, with applications ranging from metal coatings to food packaging printing inks. A distinctive product is KS001, a photoinitiator recognized for its non-reproductive toxicity, low odor, and non-sublimating properties, making it well-suited for solder mask inks, food packaging printing inks, and UV-LED curing systems. Furthermore, the company produces acrylic-based PCB photoresist resins and monomers, vital for both dry film and liquid photoresist systems in PCB manufacturing, as well as for photocurable coatings, inks, and adhesives more broadly. Its fluorene monomer series functions as a base material for black photoresist resins, transparency and refractive resins, heat-resistant resin additives, and reactive diluents within light-curing systems. Completing its offerings, the company supplies photosensitizers, photoacid generators, and associated monomers.

Company Valuation

Greatly overvalued
1/7

Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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