---
title: "Fujian Superpipe Co., Ltd. (300198.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300198.SZ.md"
symbol: "300198.SZ"
name: "Fujian Superpipe Co., Ltd."
industry: "Building Products"
datetime: "2026-06-13T13:15:42.217Z"
locales:
  - [en](https://longbridge.com/en/quote/300198.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300198.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300198.SZ.md)
---

# Fujian Superpipe Co., Ltd. (300198.SZ)

## Company Overview

Fujian Newchoice Pipe Technology Co., Ltd. engages in the research, development, production, and sale of water supply and drainage pipes in China and internationally. It offers pipe products, such as high-density polyethylene (HDPE) winding reinforced pipes, steel-framed polyethylene plastic composite pipes, green environmental protection solid wall pipes, glass fiber reinforced continuous winding pipes, FRP reinforced pipes, and various pipe fittings, etc., as well as urban underground pipe networks and sewage treatment for use in municipal works, nuclear power and thermal power plants, petrochemical industries, and transportation hubs, etc. The company provides new energy automobile products and services consisting of power assemblies, lithium batteries and systems, and leasing services for cargo vans, coaches, and passenger cars.

| Item | Detail |
|------|--------|
| Industry | Building Products |
| Exchange | CN Market |
| Website | [www.nachuan.com](https://www.nachuan.com) |

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


## Longbridge Financial Score™: E
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-06-13T04:30:10.000Z

**Overall: E (0.82)**

**Industry**: Building Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 57 / 57 |
| 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**: E

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -34.84% |  |
| Net Profit YoY | 15.99% |  |
| P/B Ratio | 5.21 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2506958915.71 |  |
| Revenue | 82170721.81 |  |

#### Multi Score Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -95.02% | E |
| Profit Margin | -326.59% | E |
| Gross Margin | 37.46% | B |
| Revenue YoY | -34.84% | E |
| Net Profit YoY | 15.99% | C |
| Total Assets YoY | -1.37% | D |
| Net Assets YoY | 506.59% | A |
| Cash Flow Margin | -6.95% | D |
| OCF YoY | -34.84% | E |
| Turnover | 0.04 | E |
| Gearing Ratio | 76.25% | E |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Fujian Superpipe Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-34.84%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "15.99%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "5.21",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2506958915.71",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "82170721.81",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "E",
      "indicators": [
        {
          "name": "ROE",
          "value": "-95.02%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-326.59%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "37.46%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "-34.84%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "15.99%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "-1.37%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "506.59%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-6.95%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-34.84%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.04",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "76.25%",
          "rating": "E"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -9.34 | 39/57 | - | - | - |
| PB | 5.21 | 48/57 | 146.07 | 124.88 | 29.49 |
| PS (TTM) | 30.51 | 55/57 | 32.06 | 30.35 | 23.77 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Shenling (301018.SZ) | C | A | B | D | B | B |
| 02 | HIGOLD (001221.SZ) | A | A | A | B | B | B |
| 03 | SOLEX (603992.SH) | B | D | B | A | C | B |
| 04 | Golden Solar (300093.SZ) | B | A | E | B | C | B |
| 05 | KING-STRONG (300629.SZ) | B | B | D | A | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/300198.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/300198.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/300198.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/300198.SZ/filings.md)

---

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