Goody Science & Technology Co., Ltd. Class A
SSZSE:0026942.89
CNY
+0.02
(+0.70%)
Goody Science & Technology Co., Ltd. Class A
SZSE:002694
(Shenzhen Stock Exchange)
Recent
price
2.89
P/E
ratio
- -
div
yld
0.09%
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.- Similar Companies
- Business
- Goody Science and Technology Co., Ltd. specializes in the research, development, production, and sales of plastic pipes and related products. The company’s product portfolio includes high-performance PVC-C fire pipes, PVC conduit, PVC trunking, PVC double wall corrugated pipes, PVC-U drainage pipes, PVC-U water supply pipes, PVC-U rainwater pipes, PVC power protective sleeves, PVC communication pipes, PVC-U solid and hollow spiral pipes, PVC-U single riser pipes, PVC agricultural irrigation water supply pipes, PE-RT thermal insulation pipes, polypropylene (PP-R) hot and cold water pipes, aluminum plastic composite pipes, steel wire mesh reinforced polyethylene composite pipes for water supply, new multi-layer PPR pipes, and other specialized plastic piping solutions. These products serve diverse segments including home decoration, civil construction, municipal engineering, water supply and drainage in water conservancy projects, agricultural irrigation, large-diameter sewage systems, landscaping, power communication, natural gas, centralized heating, fishery aquaculture, industrial chemical sectors, and integrated valve and water storage systems. Founded in 1979 and headquartered in Ezhou, China, the company operates production bases in Hubei, Chongqing, Foshan, Gansu, and Beijing, supporting its extensive geographic market coverage primarily in China but also extending internationally. In recent years, Goody Science and Technology has focused on strategic innovation and operational standardization to maintain a competitive edge and adapt to evolving market demands. In 2024 and 2025, the company navigated a challenging market environment marked by a decline in revenue and profitability driven by reduced industry demand and intensified market competition, leading to lower product prices and margins. Notably, the company has engaged in efforts to strengthen its market channels and combat capabilities as highlighted in mid-2025 corporate communications. It also secured significant funding of approximately CNY 467.8 million from Wanyang Group Co., Ltd. in October 2023, supporting growth initiatives. Additionally, Goody has launched new limited-edition product collections in collaboration with prominent artists in late 2024, demonstrating diversification and brand enhancement in its product offerings. The company continues to emphasize its commitment to providing a one-stop solution for home improvement, civil construction, and municipal plastic pipeline needs, reinforcing its position as a comprehensive plastic pipeline manufacturer with over 5000 product specifications across more than 10 product categories. Despite facing some financial setbacks and legal challenges in 2024 and 2025, Goody maintains a strategic focus on innovation, market exploration, and standardized management to strengthen its market presence and satisfy customer requirements in key sectors of building materials and plastic piping systems. The company remains listed on the Shenzhen Stock Exchange under the ticker 002694.SZ, affirming its status as a recognized player in China’s plastic pipe manufacturing industry. This comprehensive approach underscores Goody’s role as a pioneer in replacing traditional steel pipes with advanced plastic solutions in multiple infrastructure and industrial applications.