---
title: "HangZhou Nbond Nonwovens Co., Ltd. (603238.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603238.SH.md"
symbol: "603238.SH"
name: "HangZhou Nbond Nonwovens Co., Ltd."
industry: "Textiles"
datetime: "2026-05-20T22:47:36.049Z"
locales:
  - [en](https://longbridge.com/en/quote/603238.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603238.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603238.SH.md)
---

# HangZhou Nbond Nonwovens Co., Ltd. (603238.SH)

## Company Overview

HangZhou Nbond Nonwovens Co., Ltd. engages in the research, develop, production, and sale of spunlace nonwovens materials in China and internationally. It provides beauty materials, industrial materials, civil cleaning, and medical materials products; and non-woven dry towel products, such as cotton soft towels, beauty products, civil cleaning rags, industrial wipes, etc. The company also offers industrial cleaning, decorative materials, automotive materials, environmentally friendly filter materials, and synthetic leather fabrics, etc.; medical protective materials, and medical accessories, etc.; dry wipes, including beauty cleansing, kitchen cleaning, mother and baby cleaning, toilet cleaning, and household cleaning products; and wet wipes, such as baby wipes, personal care wipes, cleaning wipes, hygienic wipes, functional wipes, and disinfectant wipes.

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

## 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: 2026-05-20T04:30:09.000Z

**Overall: B (0.32)**

**Industry**: Textiles

| Metric | Value |
|--------|-------|
| Industry Ranking | 10 / 52 |
| 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 23.46% |  |
| Net Profit YoY | 12.12% |  |
| P/B Ratio | 1.78 |  |
| Dividend Ratio | 2.01% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2660258054.11 |  |
| Revenue | 2977875706.28 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.06% | B |
| Profit Margin | 3.97% | C |
| Gross Margin | 15.74% | D |
| Revenue YoY | 23.46% | A |
| Net Profit YoY | 12.12% | C |
| Total Assets YoY | 26.35% | A |
| Net Assets YoY | 5.35% | C |
| Cash Flow Margin | 296.55% | A |
| OCF YoY | 23.46% | A |
| Turnover | 0.92 | A |
| Gearing Ratio | 50.90% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - HangZhou Nbond Nonwovens Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "23.46%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "12.12%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.78",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.01%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2660258054.11",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2977875706.28",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.06%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "3.97%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "15.74%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "23.46%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "12.12%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "26.35%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.35%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "296.55%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "23.46%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.92",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "50.90%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 22.17 | 13/52 | 29.69 | 27.41 | 24.93 |
| PB | 1.75 | 17/52 | 2.39 | 2.18 | 2.07 |
| PS (TTM) | 0.88 | 7/52 | 1.31 | 1.23 | 1.12 |
| Dividend Yield | 2.04% | 11/52 | 1.79% | 1.70% | 1.57% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | BROS (601339.SH) | C | C | C | B | B | B |
| 02 | Luolai (002293.SZ) | B | C | B | B | B | B |
| 03 | KDTECH (002516.SZ) | C | C | C | A | B | B |
| 04 | Nanshan Fashion (300918.SZ) | C | B | C | B | B | B |
| 05 | XINAO TEXTILE (603889.SH) | B | B | B | C | C | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-02-05T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 14.73 |
| Highest Target | 20.90 |
| Lowest Target | 20.90 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603238.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603238.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603238.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603238.SH/filings.md)

---

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