---
title: "Zhejiang Liju Thermal Equipment Co., Ltd. (603391.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/603391.SH.md"
symbol: "603391.SH"
name: "Zhejiang Liju Thermal Equipment Co., Ltd."
industry: "Industrial Machinery and Supplies and Components"
---

# Zhejiang Liju Thermal Equipment Co., Ltd. (603391.SH)

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Location | CN Market |
| Website | [www.chinaliju.com.cn](https://www.chinaliju.com.cn) |

## Company Profile

Zhejiang Liju Thermal Equipment Co., Ltd. engages in the research and development, production, and sale of hot water boilers and steam boilers in China. It offers gas-fired hot water boilers; gas-fired steam boilers; electrode hot water boilers; electrode steam boilers; and commissioning, training, ...

## 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: 2026-02-27T04:30:13.000Z

**Overall: C (0.55)**

**Industry**: Industrial Machinery and Supplies and Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 213 / 399 |
| 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 | -23.29% |  |
| Net Profit YoY | -38.82% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 3.08 |  |
| Dividend Ratio | 1.76% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 6.42B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 987.40M |  |


**Multi Score**: C

#### Profit Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 10.07% | B |
| Profit Margin | 20.67% | A |
| Gross Margin | 38.78% | B |

#### Growth Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -23.29% | E |
| Net Profit YoY | -38.82% | D |
| Total Assets YoY | 2.46% | C |
| Net Assets YoY | 6.03% | B |

#### Cash Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 483.84% | C |
| OCF YoY | -23.29% | E |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.30 | D |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 36.41% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - Zhejiang Liju Thermal Equipment Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "10.07%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "20.67%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "38.78%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "D",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-23.29%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-38.82%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.46%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "6.03%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "D",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "483.84%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-23.29%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.30",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "36.41%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | SANHE TONGFEI REFRIGERATION (SZ.300990) | B | A | A | B | A | A |
| 02 | Sanhua (SZ.002050) | B | A | B | B | B | B |
| 03 | Inovance (SZ.300124) | B | B | B | C | B | B |
| 04 | JSHL (SH.601100) | A | B | C | A | C | B |
| 05 | Envicool (SZ.002837) | B | B | B | C | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 32.01 | 78/404 | 28.87 | 14.53 | 13.56 |
| PB | 3.13 | 145/404 | 2.83 | 1.95 | 1.66 |
| PS (TTM) | 6.62 | 257/404 | 5.97 | 3.81 | 3.59 |
| Dividend Yield | 1.73% | 48/404 | 6.25% | 3.08% | 1.92% |

## References

- [Company Overview](https://longbridge.com/en/quote/603391.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/603391.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/603391.SH/topics.md) - Community topics and discussions

---

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