---
title: "Nantong Acetic Acid Chemical Co., Ltd. (603968.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603968.SH.md"
symbol: "603968.SH"
name: "Nantong Acetic Acid Chemical Co., Ltd."
industry: "Specialty Chemicals"
datetime: "2026-05-21T15:12:15.679Z"
locales:
  - [en](https://longbridge.com/en/quote/603968.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603968.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603968.SH.md)
---

# Nantong Acetic Acid Chemical Co., Ltd. (603968.SH)

## Company Overview

Nantong Acetic Acid Chemical Co., Ltd. research, develops, produces, and sells fine chemicals in China and internationally. The company offers food and feed additives comprising acesulfame potassium, sorbic acid, potassium sorbate, dehydroacetic acid, sodium dehydroacetate, nicotinic acid, nicotinamide, and clopidol; pharmaceutical and pesticide intermediates consisting of methyl acetoacetate, ethyl acetoacetate, 2-cyanopyridine, 3-cyanopyridine, and 4-cyanopyridine; and organic chemical raw materials, such as diketene, acetonitrile, and crotonaldehyde. It also provides dye and pigment intermediates, including acetoacetanilide; 2-methylacetoacetanilide; N-acetoacetyl-4-methylaniline; o-acetoacetaniside; p-acetoacetaniside; p-acetophenetidide; 2,4-dimethylacetoacetanilide; acetoacetic-2,5-dimethoxyanilide; 4-chloro-2,5-dimethoxyacetoacetanilide; 2-chloroacetoacetanilide; N,N'-(1,4-phenylene)bis(acetoacetamide); 1-(p-tolyl)-3-methyl-5-pyrazolone; 1-phenyl-3-methyl-5-pyrazolone; 5-acetoacetlamino benzimdazolone; and naphthol AS-G; and customized products, such as sodium acetate anhydrous; N-methylacetoacetamide; 2-isopropyl-4-methyl-6-pyrimidinone; 3-methyl-1-(4-sulfophenyl)-5-pyrazolone; 1-(3-sulfophenyl)-3-methyl-5-pyrazolone; 1-(3'-chlorophenyl)-3-methyl-5-pyrazolone; and 1-(2-chlorophenyl)-3-methyl-5-pyrazolone.

| Item | Detail |
|------|--------|
| Industry | Specialty Chemicals |
| Exchange | CN Market |
| Website | [www.ntacf.com](https://www.ntacf.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: 2026-05-21T04:30:13.000Z

**Overall: C (0.56)**

**Industry**: Specialty Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 131 / 155 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **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 | -11.52% |  |
| Net Profit YoY | 16.10% |  |
| P/B Ratio | 1.39 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2428634201.93 |  |
| Revenue | 2581854090.74 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -3.92% | D |
| Profit Margin | -2.71% | D |
| Gross Margin | 13.06% | D |
| Revenue YoY | -11.52% | E |
| Net Profit YoY | 16.10% | C |
| Total Assets YoY | -6.68% | D |
| Net Assets YoY | -3.50% | D |
| Cash Flow Margin | 88.94% | C |
| OCF YoY | -11.52% | E |
| Turnover | 0.75 | B |
| Gearing Ratio | 44.55% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Nantong Acetic Acid Chemical Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-11.52%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "16.10%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.39",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2428634201.93",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2581854090.74",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-3.92%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-2.71%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "13.06%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-11.52%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "16.10%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "-6.68%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-3.50%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "88.94%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-11.52%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.75",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "44.55%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -32.83 | 135/155 | - | - | - |
| PB | 1.31 | 8/155 | 1.46 | 1.36 | 1.28 |
| PS (TTM) | 0.89 | 7/155 | 0.95 | 0.88 | 0.83 |
| Dividend Yield | 0.00% | - | 2.56% | 2.51% | 2.42% |

## 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 | DING LONG (300054.SZ) | A | B | C | C | B | B |
| 05 | FEILIHUA (300395.SZ) | B | A | D | A | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603968.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603968.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603968.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603968.SH/filings.md)

---

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