---
title: "Cangzhou Mingzhu Plastic Co.,Ltd. (002108.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002108.SZ.md"
symbol: "002108.SZ"
name: "Cangzhou Mingzhu Plastic Co.,Ltd."
industry: "Energy Equipment and Services"
datetime: "2026-05-19T17:46:17.332Z"
locales:
  - [en](https://longbridge.com/en/quote/002108.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002108.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002108.SZ.md)
---

# Cangzhou Mingzhu Plastic Co.,Ltd. (002108.SZ)

## Company Overview

Cangzhou Mingzhu Plastic Co.,Ltd., together with its subsidiaries, manufactures and sells PE pipe systems, BOPA films, Li-ion battery separators, and composite pipes in China. The company offers PE gas and water supply pipelines, PE nuclear power/large diameter thick wall PE pipelines, PE fittings, and ground source heat pump heat exchange piping systems; dry uni-axial stretching, wet simultaneous biaxial stretching, and coated modified separators; and fiber-reinforced thermoplastic pipes for oil and gas transportation, intelligent cable-embedded coiled pipes, and connection of pipes for oil and gas transportation and intelligent cable-embedded continuous pipes. It also produces polyamide films, chips, and other plastic products; installation and technical services; microporous and filtration membranes; double-wall corrugated pipes and fittings for drainage and sewage; silicone pipes and fittings; plastic packaging containers and tools; and synthetic materials. In addition, the company engages in the import and export of goods; house and non-residential real estate leasing; cargo weighing; machinery and equipment rental; equity, asset, and investment management; and research and development of new materials technology.

| Item | Detail |
|------|--------|
| Industry | Energy Equipment and Services |
| Exchange | CN Market |
| Website | [www.cz-mz.com](https://www.cz-mz.com) |

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


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.50)**

**Industry**: Energy Equipment and Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 13 / 29 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 5.41% |  |
| Net Profit YoY | 4.41% |  |
| P/B Ratio | 1.85 |  |
| Dividend Ratio | 1.79% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 9305685246.80 |  |
| Revenue | 2967071874.18 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 2.94% | C |
| Profit Margin | 5.03% | C |
| Gross Margin | 11.43% | E |
| Revenue YoY | 5.41% | C |
| Net Profit YoY | 4.41% | C |
| Total Assets YoY | 7.36% | B |
| Net Assets YoY | -1.81% | D |
| Cash Flow Margin | 109.88% | C |
| OCF YoY | 5.41% | C |
| Turnover | 0.37 | C |
| Gearing Ratio | 39.77% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Cangzhou Mingzhu Plastic Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "5.41%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "4.41%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.85",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.79%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "9305685246.80",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2967071874.18",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "2.94%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "5.03%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "11.43%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "5.41%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "4.41%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.36%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-1.81%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "109.88%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "5.41%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.37",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "39.77%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 60.54 | 11/29 | 53.44 | 49.21 | 43.50 |
| PB | 1.80 | 7/29 | 1.66 | 1.53 | 1.23 |
| PS (TTM) | 3.05 | 12/29 | 2.91 | 2.68 | 2.22 |
| Dividend Yield | 1.84% | 3/29 | 2.66% | 2.18% | 2.00% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Jereh Group (002353.SZ) | B | B | C | B | B | B |
| 02 | DEVELOP (688377.SH) | C | B | C | B | B | B |
| 03 | Shandong Molong (002490.SZ) | D | A | B | E | A | B |
| 04 | Lanpec (601798.SH) | C | A | C | C | A | B |
| 05 | COSL (601808.SH) | C | C | B | C | B | C |

## Institutional View

### Analyst Rating Distribution

> As of 2023-09-17T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Hold | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 5.49 |
| Highest Target | undefined |
| Lowest Target | undefined |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002108.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002108.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002108.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002108.SZ/filings.md)

---

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