Ranking of the Top Ten Modified Plastics Listed Companies in China (Including the 2024 Financial Report)

The ranking of China's top ten modified plastics listed companies is here! Including the full year 2024 financial report data, the ranking criteria are: ① Main business is modified plastics ② Ranked by revenue scale ③ Excluding foreign-funded enterprises. Details are as follows:

The largest modified plastics company in Asia, with products covering modified plastics, biodegradable materials, and specialty engineering plastics.

Total operating revenue60.514 billion yuan (+26.23%)

Net profit attributable to parent company shareholders825 million yuan (+160.36%)

The second largest modified plastics company in China, with a full industry chain layout for petrochemical modification and degradable materials.

Total Operating Revenue19.22 billion yuan (+10.21%)

Net profit attributable to shareholders of the parent company6.76 billion yuan (+45.18%)

The largest modified plastics company in the Yangtze River Delta, specializing in modified composite materials and specialty engineering plastics for automotive applications.

Total Operating RevenueTotal operating revenue: 8.314 billion yuan (-4.54%)

Net profit141 million yuan (-69.86%)

A Midea Group affiliated company, a leading manufacturer of modified plastics for home appliances, is expanding into PCR recycled materials and the new energy sector.

Total Operating RevenueRMB 6.088 billion (+13.81%)

Net profit attributable to parent company shareholders1.94 billion yuan (+32.04%)

Leading elastomer company in Northern China, with a leading domestic market share in TPV materials, covering automotive and home appliance sectors.

Total Operating Revenue53.01 billion yuan (+16.65%)

Net Profit141 million yuan (+0.67%)

Leading manufacturer of halogen-free flame retardant modified plastics, integrating the entire industrial chain of phosphorus chemical flame retardants and flame retardant plastics.

Total Operating Revenue4.08 billion yuan (+10.72%)

Net profit-236 million yuan (-926.31%)

An established modified plastics company, offering a wide range of products including PP, ABS, and PC, with a focus on flame-retardant and environmentally friendly materials.

Total Operating Revenue2.387 billion yuan (+30.53%)

Net profit attributable to parent company shareholders0.084 billion yuan (+16.25%)

An established modified plastics company, offering a wide range of products including PP/ABS/PC, specializing in flame-retardant and environmentally friendly materials.

Total Operating Revenue20.22 billion yuan (+21.38%)

Net profit attributable to shareholders0.051 billion yuan (+90.33%)

Top9 Wortley Co., Ltd. (002886)

Specialty engineering plastics expert, leading in domestic production of LCP/PEEK, with products applied in 5G and new energy vehicles.

Total Operating Revenue18.97 billion yuan (+23.45%)

Net Profit0.37 billion yuan (+520.7%)

The leading domestic masterbatch company has an annual production capacity of 90,000 tons, with the modified plastics business accounting for less than 30% of it.

Total Operating Revenue1.72 billion yuan (+15.8%)

Net profit attributable to shareholders of the parent company0.36 billion yuan (-68.85%)