Zhongce Rubber Group (603049) Stock Overview

Engages in the research and development, production, and sale of tire products in China. More details

603049 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (11.5x) is below the CN market (41.7x)

Earnings grew by 20.2% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.81% is not well covered by free cash flows

603049 Community Fair Values

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Zhongce Rubber Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhongce Rubber Group
Historical stock prices
Current Share Price	CN¥46.26
52 Week High	CN¥57.00
52 Week Low	CN¥43.01
Beta	0
1 Month Change	4.42%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-6.88%

Recent updates

Shareholder Returns

	603049	CN Auto Components	CN Market
7D	2.8%	0.8%	2.6%
1Y	n/a	50.2%	32.4%

Return vs Industry: Insufficient data to determine how 603049 performed against the CN Auto Components industry.

Return vs Market: Insufficient data to determine how 603049 performed against the CN Market.

Price Volatility

Is 603049's price volatile compared to industry and market?
603049 volatility
603049 Average Weekly Movement	3.2%
Auto Components Industry Average Movement	5.5%
Market Average Movement	4.9%
10% most volatile stocks in CN Market	8.5%
10% least volatile stocks in CN Market	2.9%

Stable Share Price: 603049 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: Insufficient data to determine 603049's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1958	18,035	Jinrong Shen	www.zcrubber.com

Zhongce Rubber Group Co., Ltd. engages in the research and development, production, and sale of tire products in China. It offers light truck tires, truck wheels, all-steel radial tires, and engineering machinery tires for heavy-duty trucks, long-distance passenger vehicles, construction machinery vehicles, etc.; and passenger car tires for cars, SUVs, commercial vehicles, and other passenger vehicles. The company also provides agricultural tires, industrial vehicle pneumatic tires, and industrial vehicle solid tires for agricultural machinery, loading machines, mining dump trucks, small excavators, and port machinery vehicles; and motorcycle and bicycle tires, as well as tires for electric and two-wheeled vehicles.

Zhongce Rubber Group Co., Ltd. Fundamentals Summary

How do Zhongce Rubber Group's earnings and revenue compare to its market cap?
603049 fundamental statistics
Market cap	CN¥39.61b
Earnings (TTM)	CN¥3.51b
Revenue (TTM)	CN¥40.81b

11.5x

P/E Ratio

1.0x

P/S Ratio

Is 603049 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603049 income statement (TTM)
Revenue	CN¥40.81b
Cost of Revenue	CN¥33.60b
Gross Profit	CN¥7.21b
Other Expenses	CN¥3.69b
Earnings	CN¥3.51b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 20, 2025

Earnings per share (EPS)	4.02
Gross Margin	17.66%
Net Profit Margin	8.61%
Debt/Equity Ratio	72.8%

How did 603049 perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

27%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/24 14:44
End of Day Share Price	2025/07/24 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zhongce Rubber Group Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Zhongce Rubber GroupSHSE:603049 Stock Report