---
title: "Solbar Ningbo Protein Technology Co., Ltd. (603231.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/603231.SH.md"
symbol: "603231.SH"
name: "Solbar Ningbo Protein Technology Co., Ltd."
industry: "Packaged Foods and Meats"
---

# Solbar Ningbo Protein Technology Co., Ltd. (603231.SH)

| Item | Detail |
|------|--------|
| Industry | Packaged Foods and Meats |
| Location | CN Market |
| Website | [www.solbar.com](https://www.solbar.com) |

## Company Profile

Solbar Ningbo Protein Technology Co., Ltd. engages in the research and development, production, and sale of soybean protein products in China and internationally. It offers functional and textured soy protein concentrates, textured soy proteins, textured fibrous vegetable proteins, isolated soy prot...

## 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: 2026-02-24T04:30:09.000Z

**Overall: B (0.32)**

**Industry**: Packaged Foods and Meats

| Metric | Value |
|--------|-------|
| Industry Ranking | 45 / 137 |
| 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.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 1.60% |  |
| Net Profit YoY | 44.45% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 1.82 |  |
| Dividend Ratio | 1.98% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3.58B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.64B |  |


**Multi Score**: B

#### Profit Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 9.25% | B |
| Profit Margin | 10.74% | B |
| Gross Margin | 16.53% | D |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 1.60% | C |
| Net Profit YoY | 44.45% | B |
| Total Assets YoY | 6.97% | B |
| Net Assets YoY | 6.44% | B |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 931.14% | B |
| OCF YoY | 1.60% | C |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.78 | B |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 9.67% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Solbar Ningbo Protein Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "9.25%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "10.74%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "16.53%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "1.60%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "44.45%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.97%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "6.44%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "931.14%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "1.60%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.78",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "9.67%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | GAMBOL PET (SZ.301498) | B | B | A | A | B | A |
| 02 | MUYUAN (SZ.002714) | B | B | B | C | B | B |
| 03 | HAI TIAN (SH.603288) | A | B | B | A | C | B |
| 04 | WENS (SZ.300498) | B | C | A | C | B | B |
| 05 | SHUANGHUI (SZ.000895) | B | C | A | C | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 20.71 | 20/137 | 25.15 | 24.14 | 21.39 |
| PB | 1.86 | 35/137 | 1.90 | 1.76 | 1.65 |
| PS (TTM) | 2.22 | 73/137 | 2.31 | 2.15 | 2.03 |
| Dividend Yield | 1.94% | 50/137 | 3.03% | 1.72% | 1.55% |

## Institutional View

### Analyst Rating Distribution

> As of 2025-11-05T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 1 | 100% |
| Overweight | 0 | 0% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 19.06 |
| Highest Target | 26.50 |
| Lowest Target | 26.50 |

## References

- [Company Overview](https://longbridge.com/en/quote/603231.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/603231.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/603231.SH/topics.md) - Community topics and discussions

---

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