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Zhejiang Walrus New Material Co 003011.SZ · CNY

Industrials · Shenzhen · 🇨🇳 China

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16.52

-2.13%

Close of 9 Nov 2026, in CNY

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About Zhejiang Walrus New Material Co

Its shares trade on Shenzhen under the ticker 003011.SZ. It has been listed since 30 September 2020. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.21bn and net income of CN¥99.5m. At that date it held total assets of CN¥2.11bn and shareholders' equity of CN¥1.41bn.

Zhejiang Walrus New Material Co., Ltd. engages in the research, development, production, and sale of polyvinyl chloride (PVC) floors. The company is headquartered in Jiaxing, Zhejiang. The company went IPO on 2020-09-30. The firm's products mainly include luxury vinyl tile (LVT) floors, wood plastic composite (WPC) floors and stone plastic composite (SPC) floors. The firm's products are mainly used for indoor floor decoration of buildings. Its products are applied in shopping malls, hotels, office buildings, hospitals, schools, stadiums and other public buildings and residences. The firm distributes its products in domestic market and to overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Building Products
Listed since
30 Sept 2020
Employees
1,424

Leadership

Pay as last reported

  • Mr. Zhoulin WangChairman of the Board, since 2018CN¥2.6m
  • Ms. Yaqin WangChief Financial Officer, Deputy General Manager, Secretary of the Board, Director, since 2018CN¥723,000
  • Ms. Shufang WangGeneral Manager, Director, since 2018CN¥2.8m
  • Ms. Yanyan LiDeputy General ManagerCN¥826,900
  • Mr. Yibin XuDeputy General ManagerCN¥1.4m
  • Mr. Guoqiang LuDirectorCN¥21,000
  • Ms. Lianxi HuangIndependent DirectorCN¥96,000
  • Mr. Shaoming HuangIndependent DirectorCN¥64,800
  • Mr. Lei WangIndependent DirectorCN¥96,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Zhejiang Walrus New Material Co Ltd produces PVC floors with 1,424 employees in Jiaxing, China.
  • The company's LVT, WPC, and SPC floors are used in hospitals, schools, and public buildings across China.
  • Zhejiang Walrus has a strong domestic market presence and exports to overseas markets.

Weaknesses

  • The company's reliance on PVC floors limits product diversification in the building sector.
  • Zhejiang Walrus operates in a competitive market with limited international brand recognition.
  • The firm's focus on indoor floor decoration may restrict expansion into other building materials.

Opportunities

  • Growing demand for sustainable building materials in China's construction industry.
  • Expanding into new markets for LVT, WPC, and SPC floors in Southeast Asia.
  • Increasing adoption of eco-friendly flooring solutions in public buildings globally.

Threats

  • Rising raw material costs for PVC production affecting profit margins.
  • Stringent environmental regulations in China impacting manufacturing processes.
  • Competition from established flooring brands in the global market.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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