` 2439 (China Treasures New Materials Group Ltd) vs Hang Seng (Hong Kong) Comparison - Alpha Spread

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2439
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Hang Seng (Hong Kong)

Over the past 12 months, China Treasures New Materials Group Ltd has underperformed Hang Seng (Hong Kong), delivering a return of +6% compared to the Hang Seng (Hong Kong)'s +17% growth.

Stocks Performance
2439 vs Hang Seng (Hong Kong)

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2439
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Performance Gap
2439 vs Hang Seng (Hong Kong)

Performance Gap Between 2439 and HSI
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Performance By Year
2439 vs Hang Seng (Hong Kong)

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Competitors Performance
China Treasures New Materials Group Ltd vs Peers

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China Treasures New Materials Group Ltd
Glance View

Market Cap
270m HKD
Industry
Packaging

China Treasures New Materials Group Ltd. is a holding company, which engages in the development and manufacture of biodegradable plastic products and non-biodegradable automobile plastic parts. The company is headquartered in Changchun, Jilin and currently employs 159 full-time employees. The company went IPO on 2023-03-31. The firm's main business is the development and manufacture of biodegradable plastic products. The firm operates in two segments: Development and manufacture of biodegradable plastic products segment and Development and manufacture of non-biodegradable automobile plastic parts segment. The firm conducts its operations mainly in the domestic market. The firm's biodegradable plastic products mainly consist of biodegradable roll bags, biodegradable shopping bags, and biodegradable packaging stretch films, which are mostly sold to chain supermarkets, department stores, and shopping malls.

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