---
title: "Dehua TB New Decoration Material Co.,Ltd. (002043.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002043.SZ.md"
symbol: "002043.SZ"
name: "Dehua TB New Decoration Material Co.,Ltd."
industry: "Forest Products"
datetime: "2026-05-20T12:40:53.778Z"
locales:
  - [en](https://longbridge.com/en/quote/002043.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002043.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002043.SZ.md)
---

# Dehua TB New Decoration Material Co.,Ltd. (002043.SZ)

## Company Overview

DeHua TB New Decoration Material Co.,Ltd produces and sells environmentally friendly furniture panels in China and internationally. It offers veneers, particleboard products; wood flooring; and engineered wood products. The company offers decorative panels, technical wood, flooring, adhesives, logs, wooden doors, cabinets, wardrobes and other integrated furniture, furniture panels, basic panels and other main materials and gypsum boards, technical veneers, decorative paper, edge banding, hardware and adhesives and other supporting auxiliary material. DeHua TB New Decoration Material Co.,Ltd was founded in 1992 and is based in Deqing, China.

| Item | Detail |
|------|--------|
| Industry | Forest Products |
| Exchange | CN Market |
| Website | [www.tubaobao.com](https://www.tubaobao.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:11.000Z

**Overall: B (0.31)**

**Industry**: Forest Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 1 / 8 |
| Industry Median | D |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 3.57% |  |
| Net Profit YoY | 25.31% |  |
| P/B Ratio | 3.31 |  |
| Dividend Ratio | 4.31% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 11429417571.95 |  |
| Revenue | 9314325406.68 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 22.70% | A |
| Profit Margin | 8.06% | B |
| Gross Margin | 16.18% | D |
| Revenue YoY | 3.57% | C |
| Net Profit YoY | 25.31% | B |
| Total Assets YoY | 10.77% | B |
| Net Assets YoY | 8.66% | B |
| Cash Flow Margin | 151.82% | B |
| OCF YoY | 3.57% | C |
| Turnover | 1.74 | A |
| Gearing Ratio | 36.91% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Dehua TB New Decoration Material Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "3.57%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "25.31%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.31",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "4.31%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "11429417571.95",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "9314325406.68",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "22.70%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "8.06%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "16.18%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "3.57%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "25.31%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "10.77%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "8.66%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "151.82%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "3.57%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "1.74",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "36.91%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 15.14 | 1/8 | 16.88 | 15.23 | 14.11 |
| PB | 3.29 | 5/8 | 3.75 | 3.41 | 2.74 |
| PS (TTM) | 1.22 | 1/8 | 1.36 | 1.22 | 0.95 |
| Dividend Yield | 4.34% | 1/8 | 5.89% | 4.48% | 4.00% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | DEHUA TB (002043.SZ) | B | C | A | B | C | B |
| 02 | JLQYQ (600189.SH) | C | C | D | D | B | C |
| 03 | PINGTAN DEVELOPMENT (000592.SZ) | D | D | C | C | D | D |
| 04 | Kangxin New Materials (600076.SH) | E | E | E | C | D | D |
| 05 | Fenglin Group (601996.SH) | D | D | C | B | E | D |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-27T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 3 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 13.67 |
| Highest Target | 18.37 |
| Lowest Target | 15.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002043.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002043.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002043.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002043.SZ/filings.md)

---

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