---
title: "Zhejiang Rongtai Electric Material Co.,Ltd. (603119.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603119.SH.md"
symbol: "603119.SH"
name: "Zhejiang Rongtai Electric Material Co.,Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T05:58:55.511Z"
locales:
  - [en](https://longbridge.com/en/quote/603119.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603119.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603119.SH.md)
---

# Zhejiang Rongtai Electric Material Co.,Ltd. (603119.SH)

## Company Overview

Zhejiang Rongtai Electric Material Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of composite materials made of high temperature resistant insulating mica in China and internationally. The company offers mica tapes, plates, tubes, heating elements, laminates and washers, insulators, rolls, and papers, as well as epoxy glass laminates and mica for thermal-protection products; one-stop system solutions for electrical and thermal insulation; and after-sales support services. Its products are used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances, and other related industrial fields. The company also engages in scientific research and technical services activities.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.glorymica.com](https://www.glorymica.com) |

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


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:11.000Z

**Overall: B (0.30)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 19 / 261 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 25.30% |  |
| Net Profit YoY | 19.64% |  |
| P/B Ratio | 16.64 |  |
| Dividend Ratio | 0.44% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 35167565701.99 |  |
| Revenue | 1488258396.23 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 14.54% | B |
| Profit Margin | 19.56% | A |
| Gross Margin | 35.98% | C |
| Revenue YoY | 25.30% | A |
| Net Profit YoY | 19.64% | B |
| Total Assets YoY | 49.77% | A |
| Net Assets YoY | 16.85% | B |
| Cash Flow Margin | 109.38% | C |
| OCF YoY | 25.30% | A |
| Turnover | 0.53 | C |
| Gearing Ratio | 34.46% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhejiang Rongtai Electric Material Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "25.30%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "19.64%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "16.64",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.44%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "35167565701.99",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1488258396.23",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "14.54%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "19.56%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "35.98%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "25.30%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "19.64%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "49.77%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "16.85%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "109.38%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "25.30%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.53",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "34.46%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 120.78 | 151/261 | 140.78 | 118.06 | 82.80 |
| PB | 16.64 | 263/261 | 19.01 | 16.09 | 10.65 |
| PS (TTM) | 23.63 | 265/261 | 29.31 | 24.34 | 16.97 |
| Dividend Yield | 0.44% | 119/261 | 0.29% | 0.22% | 0.19% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-09T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 77.30 |
| Highest Target | 89.23 |
| Lowest Target | 89.23 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603119.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603119.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603119.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603119.SH/filings.md)

---

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