---
title: "Zibo Qixiang Tengda Chemical Co., Ltd. (002408.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002408.SZ.md"
symbol: "002408.SZ"
name: "Zibo Qixiang Tengda Chemical Co., Ltd."
industry: "Commodity Chemicals"
datetime: "2026-04-16T05:42:52.124Z"
locales:
  - [en](https://longbridge.com/en/quote/002408.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002408.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002408.SZ.md)
---

# Zibo Qixiang Tengda Chemical Co., Ltd. (002408.SZ)

## Company Overview

Zibo Qixiang Tengda Chemical Co., Ltd engages in the research, development, manufacturing, and sale of high-value fine chemicals in China and internationally. The company offers methyl ethyl ketone, maleic anhydride, propylene, rubber, butadiene, methyl methacrylate, nitrile latex, tert-butanol, MTBE, propylene oxide, acrylic acid, and various petroleum and chemical catalysts. It is also involved in the trade of chemical products; and the supply chain management business. The company was founded in 2002 and is headquartered in Zibo, China.

| Item | Detail |
|------|--------|
| Industry | Commodity Chemicals |
| Exchange | CN Market |
| Website | [www.qxtdgf.com](https://www.qxtdgf.com) |

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


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-04-16T04:30:12.000Z

**Overall: D (0.63)**

**Industry**: Commodity Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 230 / 272 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -5.75% |  |
| Net Profit YoY | -1767.51% |  |
| P/B Ratio | 1.75 |  |
| Dividend Ratio | 0.44% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 19337638865.47 |  |
| Revenue | 23777421692.00 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -5.05% | D |
| Profit Margin | -2.42% | D |
| Gross Margin | 3.04% | E |
| Revenue YoY | -5.75% | D |
| Net Profit YoY | -1767.51% | E |
| Total Assets YoY | -3.30% | D |
| Net Assets YoY | -5.42% | D |
| Cash Flow Margin | -226.76% | E |
| OCF YoY | -5.75% | D |
| Turnover | 0.95 | A |
| Gearing Ratio | 54.21% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zibo Qixiang Tengda Chemical Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-5.75%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-1767.51%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.75",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.44%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "19337638865.47",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "23777421692.00",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-5.05%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-2.42%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "3.04%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-5.75%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-1767.51%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-3.30%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-5.42%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-226.76%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-5.75%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.95",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "54.21%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -33.65 | 233/272 | 2855.01 | 2649.44 | 2575.21 |
| PB | 1.75 | 57/272 | 1.42 | 1.22 | 1.14 |
| PS (TTM) | 0.81 | 34/272 | 0.65 | 0.56 | 0.52 |
| Dividend Yield | 0.44% | 148/272 | 1.92% | 1.80% | 0.52% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Sanmei (603379.SH) | A | A | B | A | B | A |
| 02 | TINCI (002709.SZ) | B | A | B | B | B | B |
| 03 | ZJJH (600160.SH) | B | A | B | B | B | B |
| 04 | Grace (603256.SH) | B | A | C | C | B | B |
| 05 | SINOMATECH (002080.SZ) | C | A | C | D | A | B |

## Institutional View

### Analyst Rating Distribution

> As of 2023-05-20T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 6.78 |
| Highest Target | undefined |
| Lowest Target | undefined |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002408.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002408.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002408.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002408.SZ/filings.md)

---

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