---
title: "山東道恩高分子材料股份有限公司 (002838.SZ)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/002838.SZ.md"
symbol: "002838.SZ"
name: "山東道恩高分子材料股份有限公司"
industry: "工業化學品"
---

# 山東道恩高分子材料股份有限公司 (002838.SZ)

| Item | Detail |
|------|--------|
| Industry | 工業化學品 |
| Location | 滬深市場 |
| Website | [www.dawnprene.com](https://www.dawnprene.com) |

## Company Profile

公司建立了國內第一條擁有自主知識產權的高性能熱塑性彈性體 (TPV) 生產線，公司產品廣泛應用于汽車工業、航天航空、家電通信、電線電纜、建築建材、醫療健康、體育運動、生物降解等領域。公司自設立以來一直從事熱塑性彈性體、改性塑料和色母粒的研發、生產與銷售。公司主要產品為完全硫化熱塑性硫化膠 (TPV,Thermoplasticvulcanizate)、改性塑料、色母粒、共聚酯材料。企業榮譽：國家認定高新技術企業、國家認定企業技術中心等。榮獲第十八屆中國上市公司董事會 “金圓桌獎” 董事會價值創造獎、第八屆山東省省長質量獎提名獎、國家知識產權優勢企業等榮譽。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:10.000Z

**Overall: B (0.31)**

**Industry**: Commodity Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 30 / 271 |
| 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.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 20.98% |  |
| Net Profit YoY | 23.48% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 3.78 |  |
| Dividend Ratio | 0.33% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 13.59B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 5.99B |  |


**Multi Score**: B

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.19% | C |
| Profit Margin | 2.89% | C |
| Gross Margin | 13.27% | D |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 20.98% | A |
| Net Profit YoY | 23.48% | B |
| Total Assets YoY | 19.95% | A |
| Net Assets YoY | 16.15% | A |

#### Cash Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 3454.89% | A |
| OCF YoY | 20.98% | A |

#### Operating Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.94 | A |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 45.54% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 山東道恩高分子材料股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.19%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "2.89%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "13.27%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "20.98%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "23.48%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "19.95%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "16.15%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "A",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "3454.89%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "20.98%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "A",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.94",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "45.54%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 巨化股份 (SH.600160) | B | A | B | B | B | B |
| 02 | 天賜材料 (SZ.002709) | C | B | B | C | A | B |
| 03 | 中材科技 (SZ.002080) | C | B | C | D | B | B |
| 04 | 衛星化學 (SZ.002648) | B | B | B | C | B | B |
| 05 | 宏和科技 (SH.603256) | B | A | C | C | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 78.39 | 142/280 | 78.39 | 66.69 | 54.41 |
| PB | 3.78 | 185/280 | 3.64 | 3.21 | 2.53 |
| PS (TTM) | 2.27 | 112/280 | 2.19 | 1.92 | 1.45 |
| Dividend Yield | 0.33% | 165/280 | 0.61% | 0.52% | 0.36% |

## References

- [Company Overview](https://longbridge.com/en/quote/002838.SZ/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/002838.SZ/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/002838.SZ/topics.md) - Community topics and discussions

---

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