---
title: "Zhejiang Hailiang Co., Ltd (002203.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002203.SZ.md"
symbol: "002203.SZ"
name: "Zhejiang Hailiang Co., Ltd"
industry: "Copper"
datetime: "2026-04-15T23:52:18.509Z"
locales:
  - [en](https://longbridge.com/en/quote/002203.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002203.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002203.SZ.md)
---

# Zhejiang Hailiang Co., Ltd (002203.SZ)

## Company Overview

Zhejiang Hailiang Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of copper products, conductor materials, and aluminum-based materials in China and internationally. It operates through Copper and Aluminum Processing Business, Environmental Materials Business, and Loan Business segments. The company offers copper tube products comprising copper coils and straight tubes, brass straight tubes and coils, and copper nickel straight tubes and coils; copper and brass pipe fittings; copper and brass rods; copper busbars; lithium battery and electronic circuit copper foil; aluminum flat and round tubes; honeycomb denitration catalysts; refrigerant branch pipes, rubber pipe insulation, air conditioning cable ties, and welding rods; and environmentally friendly materials. It serves the new energy, home appliance, power, semiconductor, 5G communication, and construction industries.

| Item | Detail |
|------|--------|
| Industry | Copper |
| Exchange | CN Market |
| Website | [www.hailiangstock.com](https://www.hailiangstock.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: 2026-04-15T04:30:12.000Z

**Overall: B (0.39)**

**Industry**: Copper

| Metric | Value |
|--------|-------|
| Industry Ranking | 2 / 11 |
| Industry Median | C |
| 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 | 13.57% |  |
| Net Profit YoY | -27.06% |  |
| P/B Ratio | 2.13 |  |
| Dividend Ratio | 1.59% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 35627660504.09 |  |
| Revenue | 84130578986.40 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.81% | C |
| Profit Margin | 0.89% | C |
| Gross Margin | 3.55% | E |
| Revenue YoY | 13.57% | B |
| Net Profit YoY | -27.06% | D |
| Total Assets YoY | 6.65% | B |
| Net Assets YoY | 13.73% | B |
| Cash Flow Margin | 150.15% | B |
| OCF YoY | 13.57% | B |
| Turnover | 1.82 | A |
| Gearing Ratio | 59.61% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhejiang Hailiang Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "13.57%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-27.06%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.13",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.59%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "35627660504.09",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "84130578986.40",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.81%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "0.89%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "3.55%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "13.57%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-27.06%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.65%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "13.73%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "150.15%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "13.57%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "1.82",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "59.61%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 47.21 | 6/11 | 42.22 | 35.26 | 27.98 |
| PB | 2.11 | 4/11 | 2.02 | 1.78 | 1.49 |
| PS (TTM) | 0.42 | 4/11 | 0.37 | 0.31 | 0.24 |
| Dividend Yield | 1.60% | 3/11 | 1.97% | 1.70% | 1.36% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | TGCF (301217.SZ) | D | A | B | B | C | B |
| 02 | HAILIANG (002203.SZ) | C | B | A | D | B | B |
| 03 | North Copper (000737.SZ) | C | B | A | D | C | B |
| 04 | Pengxin Mining (600490.SH) | C | A | B | B | A | B |
| 05 | JINGYI INC. (002295.SZ) | D | B | A | C | A | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-01-08T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 15.43 |
| Highest Target | 18.00 |
| Lowest Target | 18.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002203.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002203.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002203.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002203.SZ/filings.md)

---

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