Sichuan Hongda Co., Ltd., a prominent materials company based in Chengdu, China, has recently been in the spotlight due to a legal action announcement made on January 19, 2026. The company, which specializes in the manufacturing of zinc ingots and zinc oxide products, as well as the processing and production of various chemical products, is listed on the Shanghai Stock Exchange under the ticker 600331.
As of January 25, 2026, Sichuan Hongda’s stock closed at 14.73 CNY, reflecting a slight increase from its most recent closing price of 14.49 CNY prior to the legal announcement. Over the past year, the stock has experienced significant volatility, reaching a 52-week high of 14.94 CNY on January 25, 2026, and a low of 5.64 CNY on April 8, 2025.
The company’s market capitalization stands at approximately 38.91 billion CNY. However, the financial metrics indicate a challenging earnings environment, with a price-to-earnings ratio of -766.67, suggesting that the company is currently not generating profits. Despite this, the price-to-book ratio of 11.44 indicates that the company’s book value remains relatively high compared to its market valuation.
Sichuan Hongda’s product offerings extend beyond zinc products to include a range of chemical products such as phosphamidon, ordinary super phosphates, calcium phosphates, potash fertilizers, and compound fertilizers. These products cater to various industrial and agricultural needs, underscoring the company’s diversified operations within the materials sector.
Founded in 2001, Sichuan Hongda has established itself as a key player in the metals and mining industry. For more detailed information about the company’s operations and product offerings, stakeholders and interested parties can visit their official website at www.sichuanhongda.com .
The recent legal action announcement has likely contributed to the market’s attention on Sichuan Hongda, prompting investors to closely monitor the company’s developments and potential impacts on its financial performance and stock valuation.
