Guangdong Highsun Meida New Materials Co., Ltd. (000782.SZ)

Guangdong Highsun Meida New Materials Co., Ltd. (000782.SZ) — VMCI valuation read

Guangdong Highsun Meida New Materials Co., Ltd. sits at VMCI 41/100, with the Basic Materials sector median at 50. That 9-point spread is the first thing to note on 000782.SZ: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 000782.SZ are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 000782.SZ: 000782.SZ trades at 16.0x earnings, 11% below the Basic Materials median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Basic Materials median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of 0.8x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

000782.SZ rose 2.4% over the trailing 7 days, with a -5.8% read on a 30-day basis.