---
title: "江苏联合水务科技股份有限公司 (603291.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/603291.SH.md"
symbol: "603291.SH"
name: "江苏联合水务科技股份有限公司"
industry: "水务公司"
---

# 江苏联合水务科技股份有限公司 (603291.SH)

| Item | Detail |
|------|--------|
| Industry | 水务公司 |
| Location | 沪深市场 |
| Website | [www.united-water.com](https://www.united-water.com) |

## Company Profile

公司是一家综合性全方位的水务公司，公司通过投资、建设和运营等方式从水源头到水龙头，在水务领域形成了完整的产业链。公司积极倡导以 “社会责任 - 投资者 - 员工 - 客户” 共赢的模式推动中国水务行业的改革与发展，不断实践 “中西合璧、以人为本、高效节约” 的投资理念，为用户提供优质之水，为保护社会环境提供洁净的水处理服务。公司业务包括供水及衍生业务、污水处理与资源化利用业务、水环境和水生态修复业务、EPC 及 PPP 建造工程类业务。主要产品包括国内外市政和工业园区的取水泵站、原水管线、净水处理厂、输配水管线;加压提升泵站的投资、建设与运营、客户服务、水费抄收、智慧水务、二次供水设施的运行及...

## 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: 2026-02-20T04:30:09.000Z

**Overall: C (0.49)**

**Industry**: Water Utilities

| Metric | Value |
|--------|-------|
| Industry Ranking | 16 / 23 |
| 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 | 7.25% |  |
| Net Profit YoY | -55.25% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 2.60 |  |
| Dividend Ratio | 1.38% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4.60B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.17B |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.61% | C |
| Profit Margin | 6.96% | B |
| Gross Margin | 36.96% | B |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 7.25% | C |
| Net Profit YoY | -55.25% | D |
| Total Assets YoY | 2.66% | C |
| Net Assets YoY | 1.11% | C |

#### Cash Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 1436.86% | B |
| OCF YoY | 7.25% | C |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.31 | D |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 51.78% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 江苏联合水务科技股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.61%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "6.96%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "36.96%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "7.25%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "-55.25%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.66%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "1.11%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "B",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "1436.86%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "7.25%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.31",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "51.78%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 金房能源 (SZ.001210) | C | B | B | B | B | B |
| 02 | 瀚蓝环境 (SH.600323) | B | B | D | D | C | C |
| 03 | 重庆水务 (SH.601158) | C | B | D | C | B | C |
| 04 | 兴蓉环境 (SZ.000598) | B | B | D | D | C | C |
| 05 | 中山公用 (SZ.000685) | B | C | D | C | C | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 56.59 | 19/23 | 55.39 | 41.23 | 36.17 |
| PB | 2.60 | 18/23 | 2.89 | 2.73 | 2.59 |
| PS (TTM) | 3.94 | 17/23 | 4.49 | 4.18 | 3.86 |
| Dividend Yield | 1.38% | 10/23 | 1.59% | 1.48% | 1.37% |

## Institutional View

### Analyst Rating Distribution

> As of 2024-04-28T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 10.88 |

## References

- [Company Overview](https://longbridge.com/en/quote/603291.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/603291.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/603291.SH/topics.md) - Community topics and discussions

---

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