---
title: "Qinglong Pipes Industry Group Co.,LTD. (002457.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002457.SZ.md"
symbol: "002457.SZ"
name: "Qinglong Pipes Industry Group Co.,LTD."
industry: "Construction and Engineering"
datetime: "2026-05-20T10:35:01.657Z"
locales:
  - [en](https://longbridge.com/en/quote/002457.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002457.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002457.SZ.md)
---

# Qinglong Pipes Industry Group Co.,LTD. (002457.SZ)

## Company Overview

Qinglong Pipes Industry Group Co., Ltd, together with its subsidiaries, engages in the research and development, production, and sale of water pipelines and related products in China. The company offers concrete pipes and products, such as prestressed steel cylinder concrete pipes, reinforced wound steel cylinder concrete pipes, prestressed concrete pipes, reinforced concrete drainage pipes, reinforced concrete steel tubes, and precast concrete pipe gallery products. It also provides plastic pipe products, including polyethylene (PE), PE steel mesh skeleton, rigid polyvinyl chloride, impact-resistant modified polyvinyl chloride, PE-RT heat-resistant polyethylene heating, gas buried high-density polyethylene, and PE double-wall corrugated pipes; and drip irrigation products. In addition, the company provides insulation steel, spiral-welded, cement mortar composite steel, plastic-coated composite steel, and 3PE anti-corrosion steel pipes.

| Item | Detail |
|------|--------|
| Industry | Construction and Engineering |
| Exchange | CN Market |
| Website | [www.qlgd.com.cn](https://www.qlgd.com.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: 2026-05-20T04:30:09.000Z

**Overall: C (0.48)**

**Industry**: Construction and Engineering

| Metric | Value |
|--------|-------|
| Industry Ranking | 55 / 114 |
| 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 | -5.25% |  |
| Net Profit YoY | -51.17% |  |
| P/B Ratio | 1.67 |  |
| Dividend Ratio | 1.25% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4239474880.34 |  |
| Revenue | 2601850840.33 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.14% | C |
| Profit Margin | 4.95% | C |
| Gross Margin | 25.85% | C |
| Revenue YoY | -5.25% | D |
| Net Profit YoY | -51.17% | D |
| Total Assets YoY | 4.41% | C |
| Net Assets YoY | 2.38% | C |
| Cash Flow Margin | 358.65% | A |
| OCF YoY | -5.25% | D |
| Turnover | 0.57 | B |
| Gearing Ratio | 40.58% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Qinglong Pipes Industry Group Co.,LTD.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-5.25%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-51.17%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.67",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.25%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "4239474880.34",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2601850840.33",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.14%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.95%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "25.85%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-5.25%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-51.17%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.41%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.38%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "358.65%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-5.25%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.57",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "40.58%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 32.89 | 34/114 | 19.67 | 18.00 | 15.73 |
| PB | 1.67 | 50/114 | 1.66 | 1.58 | 1.50 |
| PS (TTM) | 1.63 | 49/114 | 1.52 | 1.46 | 1.39 |
| Dividend Yield | 1.25% | 39/114 | 1.68% | 1.41% | 1.07% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | L&K (603929.SH) | A | C | A | C | C | B |
| 02 | CSG Technology (688248.SH) | B | B | B | B | B | B |
| 03 | Luoman Technologies (605289.SH) | C | A | B | C | B | B |
| 04 | SHANGHAI GEOHARBOUR (605598.SH) | C | C | B | B | B | B |
| 05 | BESTWAY (300008.SZ) | B | A | B | D | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002457.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002457.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002457.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002457.SZ/filings.md)

---

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