---
title: "Zhongce Rubber Group Co., Ltd. (603049.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603049.SH.md"
symbol: "603049.SH"
name: "Zhongce Rubber Group Co., Ltd."
industry: "Tires and Rubber"
datetime: "2026-05-20T16:46:42.461Z"
locales:
  - [en](https://longbridge.com/en/quote/603049.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603049.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603049.SH.md)
---

# Zhongce Rubber Group Co., Ltd. (603049.SH)

## Company Overview

Zhongce Rubber Group Co., Ltd. engages in the research and development, production, and sale of tire products in China. The company offers all-steel tires used in heavy-duty trucks, long-distance passenger vehicles, and engineering machinery vehicle; semi-steel tires mainly used in passenger cars such as sedans, SUVs, and commercial vehicles; bias tires, including agricultural and pneumatic tires for industrial vehicles; and solid tires for industrial vehicle. It also provides agricultural tires, industrial vehicle pneumatic tires, Industrial vehicle solid tires, suitable for agricultural machinery, loading Machine, mining dump truck, small excavator, and port machinery vehicle; and motorcycle tires, bicycle tires, and rickshaw tires, which are suitable for two-wheeled vehicles, such as motorcycles, electric vehicles, and bicycles.

| Item | Detail |
|------|--------|
| Industry | Tires and Rubber |
| Exchange | CN Market |
| Website | [www.zcrubber.com](https://www.zcrubber.com) |

## 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 (0.52)**

**Industry**: Tires and Rubber

| Metric | Value |
|--------|-------|
| Industry Ranking | 5 / 14 |
| 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 11.52% |  |
| Net Profit YoY | 19.94% |  |
| P/B Ratio | 1.63 |  |
| Dividend Ratio | 2.73% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 41725835228.41 |  |
| Revenue | 45587058256.94 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 19.59% | A |
| Profit Margin | 9.26% | B |
| Gross Margin | 23.03% | D |
| Revenue YoY | 11.52% | B |
| Net Profit YoY | 19.94% | B |
| Total Assets YoY | 0.00% | D |
| Net Assets YoY | 46.24% | A |
| Cash Flow Margin | 59.56% | C |
| OCF YoY | 11.52% | B |
| Turnover | 0.00 | E |
| Gearing Ratio | 52.50% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhongce Rubber Group Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "11.52%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "19.94%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.63",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.73%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "41725835228.41",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "45587058256.94",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "19.59%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "9.26%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "23.03%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "11.52%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "19.94%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "0.00%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "46.24%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "59.56%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "11.52%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.00",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "52.50%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 9.79 | 1/14 | 12.15 | 11.54 | 10.91 |
| PB | 1.61 | 8/14 | 2.02 | 1.86 | 1.74 |
| PS (TTM) | 0.91 | 5/14 | 1.12 | 1.02 | 0.96 |
| Dividend Yield | 2.76% | 6/14 | 2.74% | 2.57% | 2.32% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Sailun Group (601058.SH) | B | B | B | C | B | B |
| 02 | Chuanhuan Technology (300547.SZ) | B | C | B | A | C | B |
| 03 | Aeolus (600469.SH) | C | B | A | C | B | B |
| 04 | Giti Tire Corp (600182.SH) | B | C | A | C | B | B |
| 05 | Zhongce Rubber (603049.SH) | B | B | E | C | C | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-06T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 2 | 67% |
| Overweight | 1 | 33% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 47.19 |
| Highest Target | 60.00 |
| Lowest Target | 57.70 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603049.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603049.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603049.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603049.SH/filings.md)

---

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