---
title: "Zhejiang Mustang Battery Co.,Ltd (605378.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/605378.SH.md"
symbol: "605378.SH"
name: "Zhejiang Mustang Battery Co.,Ltd"
industry: "Household Products"
datetime: "2026-06-10T04:38:22.047Z"
locales:
  - [en](https://longbridge.com/en/quote/605378.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/605378.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/605378.SH.md)
---

# Zhejiang Mustang Battery Co.,Ltd (605378.SH)

## Company Overview

Zhejiang Mustang Battery Co.,Ltd engages in the research and development, production, and sale of zinc-manganese batteries in China. The company offers alkaline batteries, zinc-carbon products, Ni-mh products, special products, and package products, as well as alkaline-manganese batteries under the Mustang, MUSTANG, and RAYMAX brands. It sells its products in the European Union, North America, Southeast Asia, and internationally. The company was founded in 1996 and is headquartered in Ningbo, China.

| Item | Detail |
|------|--------|
| Industry | Household Products |
| Exchange | CN Market |
| Website | [www.mustangbattery.com](https://www.mustangbattery.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: 2026-06-10T04:30:12.000Z

**Overall: C (0.44)**

**Industry**: Household Products

| Metric | Value |
|--------|-------|
| Industry Ranking | 8 / 11 |
| 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 | -4.70% |  |
| Net Profit YoY | -72.33% |  |
| P/B Ratio | 3.33 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4158479599.05 |  |
| Revenue | 1265795292.69 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.06% | C |
| Profit Margin | 3.08% | C |
| Gross Margin | 10.55% | E |
| Revenue YoY | -4.70% | D |
| Net Profit YoY | -72.33% | E |
| Total Assets YoY | -2.77% | D |
| Net Assets YoY | -4.28% | D |
| Cash Flow Margin | 219.15% | B |
| OCF YoY | -4.70% | D |
| Turnover | 0.81 | B |
| Gearing Ratio | 18.68% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhejiang Mustang Battery Co.,Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-4.70%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-72.33%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.33",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "4158479599.05",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1265795292.69",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.06%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "3.08%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "10.55%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-4.70%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-72.33%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-2.77%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-4.28%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "219.15%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-4.70%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.81",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "18.68%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 106.55 | 7/11 | 68.40 | 62.45 | 50.72 |
| PB | 3.33 | 10/11 | 5.33 | 4.57 | 4.15 |
| PS (TTM) | 3.29 | 9/11 | 4.96 | 4.21 | 3.86 |
| Dividend Yield | 0.00% | - | 1.77% | 1.63% | 1.37% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | OPPLE (603515.SH) | B | D | B | B | C | B |
| 02 | HELLO TECH (301327.SZ) | C | C | B | A | A | B |
| 03 | C&S (002511.SZ) | C | C | A | B | B | B |
| 04 | RESUN (001218.SZ) | C | A | A | B | B | B |
| 05 | Tianyuan Pet Products (301335.SZ) | C | B | A | B | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/605378.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/605378.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/605378.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/605378.SH/filings.md)

---

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