---
title: "Changzhou Tronly New Electronic Materials Co.,Ltd. (300429.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300429.SZ.md"
symbol: "300429.SZ"
name: "Changzhou Tronly New Electronic Materials Co.,Ltd."
industry: "Specialty Chemicals"
datetime: "2026-05-20T08:03:14.008Z"
locales:
  - [en](https://longbridge.com/en/quote/300429.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300429.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300429.SZ.md)
---

# Changzhou Tronly New Electronic Materials Co.,Ltd. (300429.SZ)

## Company Overview

Changzhou Tronly New Electronic Materials Co., Ltd. engages in the research, development, manufacture, and sale of electronic special materials and plastic products in China and internationally. It offers bisimidazole photoinitiator used in dry film and solder resist ink for the manufacture of PCB, as well as other UV curing formulation systems; oxime ester photoinitiator use in RGB and BM photoresist for LCD, semiconductor packaging materials, pigmented UV curing inks, coatings, and adhesives; and PAG for semiconductor photoresist that are used in semiconductor integrated circuit photoresists and semiconductor packaging materials. The company also provides acrylate monomer for dry film and liquid photoimageable etching resist; monomer for semiconductor photoresist; fluorene monomer used as raw material for high transparent and refringence resin, heat-resisting resin, active diluent for UV curing, RGB and BM photoresist resin, etc.; OLED organic material; triazine series used for photoresist in the fields of LCD color filter and dry film, etc.; coinitiator for PCB dry film, LCD, fluorochrome, plasticiser and resin synthetize, etc.; intermediates; and functional materials.

| Item | Detail |
|------|--------|
| Industry | Specialty Chemicals |
| Exchange | CN Market |
| Website | [www.tronly.com](https://www.tronly.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: C (0.57)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 75 / 154 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 10.30% |  |
| Net Profit YoY | 24.72% |  |
| P/B Ratio | 5.06 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 8420096733.94 |  |
| Revenue | 1024206881.80 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -8.20% | D |
| Profit Margin | -14.72% | D |
| Gross Margin | 20.88% | D |
| Revenue YoY | 10.30% | B |
| Net Profit YoY | 24.72% | B |
| Total Assets YoY | -4.68% | D |
| Net Assets YoY | -4.46% | D |
| Cash Flow Margin | -33.93% | E |
| OCF YoY | 10.30% | B |
| Turnover | 0.31 | D |
| Gearing Ratio | 45.04% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Changzhou Tronly New Electronic Materials Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "10.30%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "24.72%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "5.06",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "8420096733.94",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1024206881.80",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-8.20%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-14.72%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "20.88%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "10.30%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "24.72%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-4.68%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-4.46%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-33.93%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "10.30%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.31",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "45.04%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -55.83 | 140/154 | - | - | - |
| PB | 5.06 | 119/154 | 4.61 | 4.35 | 4.14 |
| PS (TTM) | 8.22 | 119/154 | 8.48 | 7.99 | 7.56 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | wanhua (600309.SH) | B | B | B | D | A | B |
| 02 | Ganfeng Lithium (002460.SZ) | B | A | D | C | B | B |
| 03 | NHU (002001.SZ) | A | C | C | B | C | B |
| 04 | FEILIHUA (300395.SZ) | B | A | D | A | B | B |
| 05 | DING LONG (300054.SZ) | A | B | C | C | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/300429.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/300429.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/300429.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/300429.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**