---
title: "Zhe Jiang Kangsheng Co.,Ltd. (002418.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002418.SZ.md"
symbol: "002418.SZ"
name: "Zhe Jiang Kangsheng Co.,Ltd."
industry: "Steel"
datetime: "2026-04-17T03:15:32.785Z"
locales:
  - [en](https://longbridge.com/en/quote/002418.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002418.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002418.SZ.md)
---

# Zhe Jiang Kangsheng Co.,Ltd. (002418.SZ)

## Company Overview

Zhe Jiang Kangsheng Co.,Ltd. engages in the research and development, production, and sale of refrigeration pipelines and accessories, and new energy commercial vehicles in China and internationally. The company offers refrigeration steel, aluminum, and copper tubes, pipes, and accessories; air-conditioning heat exchanger products and parts; aluminum sheets; and condensers and evaporators. It also provides pure electric tourist buses, pure electric buses, pure electric logistics vehicles, hydrogen fuel cell buses, pure electric touring cars, pure electric airport shuttle buses, articulated vehicles, and special vehicles, such as logistics vehicles, road maintenance vehicles, refrigerated vehicles, muck trucks, and sanitation vehicles; and financing lease, small loans, and other financial services.

| Item | Detail |
|------|--------|
| Industry | Steel |
| Exchange | CN Market |
| Website | [www.kasun.cn](https://www.kasun.cn) |

## 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: 2026-04-16T04:30:12.000Z

**Overall: C (0.43)**

**Industry**: Steel

| Metric | Value |
|--------|-------|
| Industry Ranking | 47 / 86 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **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 | 18.76% |  |
| Net Profit YoY | -351.71% |  |
| P/B Ratio | 4.34 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 6252217435.96 |  |
| Revenue | 2830255475.45 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -5.05% | D |
| Profit Margin | -2.64% | D |
| Gross Margin | 9.17% | E |
| Revenue YoY | 18.76% | B |
| Net Profit YoY | -351.71% | E |
| Total Assets YoY | 19.60% | A |
| Net Assets YoY | -4.05% | D |
| Cash Flow Margin | 137.48% | B |
| OCF YoY | 18.76% | B |
| Turnover | 0.95 | A |
| Gearing Ratio | 50.05% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhe Jiang Kangsheng Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "18.76%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-351.71%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.34",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "6252217435.96",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2830255475.45",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-5.05%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-2.64%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "9.17%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "18.76%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-351.71%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "19.60%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "-4.05%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "137.48%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "18.76%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.95",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "50.05%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -85.75 | 79/86 | - | - | - |
| PB | 4.44 | 72/86 | 3.87 | 3.59 | 2.81 |
| PS (TTM) | 2.26 | 56/86 | 1.99 | 1.87 | 1.45 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | JIULI Hi-tech (002318.SZ) | B | B | A | B | B | B |
| 02 | HSSM (002290.SZ) | B | C | A | C | C | B |
| 03 | ZNHI (002445.SZ) | C | A | C | A | C | B |
| 04 | Silvery Dragon (603969.SH) | B | B | B | C | C | B |
| 05 | YONGJIN CORP. (603995.SH) | C | C | A | C | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002418.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002418.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002418.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002418.SZ/filings.md)

---

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