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Guangdong Songfa Ceramics Co.,Ltd.

China · SSE: 603268.SS · Market cap: $23.1B · P/E: 20.1 · P/S: 3.2

Songfa Ceramics makes and sells ceramic tableware, kitchenware, coffee and tea ware, and serving dishes for homes and businesses in China and abroad.

Songfa Ceramics is a Chinese pottery company that makes the plates, bowls, mugs, teapots, and serving dishes people eat and drink from. It sells tableware and kitchenware to customers in China and around the world, and much of its output leaves the factory as everyday dinnerware rather than fancy art pieces.

Guangdong Songfa Ceramics Co.,Ltd. (603268.SS) Ceramic tableware and hotel ceramics: line art illustration of A stack of white ceramic dinner plates and a teapot beside a soup bowl
Ceramic Tableware
Songfa makes the ceramic plates and bowls used on dining tables.

The business is a manufacturer, so its money comes from making ceramic goods in its own factories and selling them onward, mostly to wholesale buyers, retailers, and buyers who put their own brand on the products. The products are ordinary but the craft is not: turning clay into durable, chip-resistant dishes that survive shipping and years of dishwashing takes real skill in glazing and firing. That factory-first model cuts both ways. Ceramics are heavy and fragile, so freight and breakage eat into margins, and the company is exposed to the cost of clay, gas for the kilns, and labor. It also competes against thousands of other ceramics makers, many of them in the same Chinese manufacturing region, which keeps pricing tight. Demand depends on how much people are furnishing kitchens and how much restaurants and hotels are buying.


Songfa sits in a familiar spot for Chinese manufacturers: large volume, thin profit per piece, and a constant need to keep costs down and quality up. It does not control the brand or the store shelf the way a consumer label does, so its fortunes rise and fall with orders from the businesses that buy its dishes.

Saved answer · last researched 12 Nov 2026