What is Zhejiang Wanma Co., Ltd.'s (002276.SZ) StockRank?

MoatMap's StockRank for Zhejiang Wanma Co., Ltd. (002276.SZ) is 21/100, with a Sell signal. This is a composite score combining Quality (46), Value (43), and Momentum (23) factor ranks across MoatMap's 19,000+ stock universe.

Does Zhejiang Wanma Co., Ltd. have an economic moat?

Zhejiang Wanma Co., Ltd. (002276.SZ) has a Quality factor score of 46/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Zhejiang Wanma Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Zhejiang Wanma Co., Ltd. (002276.SZ) is Sell, based on a StockRank of 21/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Zhejiang Wanma Co., Ltd. in?

Zhejiang Wanma Co., Ltd. (002276.SZ) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (China).

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002276.SZ

SELLFLAG

Zhejiang Wanma Co., Ltd. · Industrials · China · $1.8B · Avg Vol: $33M/d

StockRank

P/E (TTM)

33.6x

ROE

5.5%

D/E

0.2x

Dividend %

0.5%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Zhejiang Wanma is a key manufacturer of power cables and EV charging infrastructure, directly benefiting from grid modernization and the copper electrification supercycle. However, the business operates with thin manufacturing margins and faces intense domestic competition.

COMPANY DESCRIPTION

Zhejiang Wanma Co., Ltd. manufactures power cables, polymer cable materials, and EV charging network equipment. It holds a leading position in high-voltage cable materials in China, while operating a rapidly growing public EV charging network. The company is a dual-engine industrial player leveraging traditional cable manufacturing to fund clean energy charging infrastructure.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	2.2B	2.2B	2.6B	2.8B	9.4%
EPS	0.06	0.08	0.05	0.05	-5.6%
Shares	1.0B	1.0B	1.0B	1.0B	-2.4%
Debt	271M	239M	177M	195M	-10.4%
Equity	719M	798M	834M	908M	8.1%
Op CF	102M	66M	30M	89M	-4.3%
Inv CF	-58M	-64M	-74M	-34M	—
Fin CF	-32M	19M	-29M	99M	—

PRICE (1M)-15.9%

SMA 50SMA 200

$1.65

RSI (14)

30.5

52W High

$3.23

From 52W High

0.5%

SCORE BREAKDOWN

Quality

ROIC

6.3%39.9

ROE

5.5%35.0

GP/Assets

14.0%43.3

Op. Margin

2.6%23.5

FCF/Assets

2.6%50.0

Piotroski

—75.7

Int. Cover

10.2x53.4

D/E Ratio

0.21x66.0

Current Ratio

1.39x34.2

Value

P/E (TTM)

33.6x30.5

EV/EBITDA

11.9x46.9

P/FCF

188.4x42.7

P/B

1.8x53.2

P/S

0.6x79.5

Div Yield

0.5%17.0

Momentum

52W High %

51%8.8

RS 6M

-36%24.2

SMA 50/200

0.82x6.4

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—60.4

Q Growth

-23%21.7

FUNDAMENTALS

Market Cap

$1.8B

P/E (Forward)

19.4x

Gross Margin

11.6%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 002276.SZ are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
002276.SZ	Zhejiang Wanma Co., Ltd.(you)	$1.8B	21	SELL
688191.SS	Zhiyang Innovation Technology Co., Ltd.	$1.9B	24	SELL
301013.SZ	Shenzhen Lihexing Co.,Ltd.	$1.5B	22	SELL
001208.SZ	Hunan Valin Wire & Cable Co.,Ltd.	$1.5B	19	STRONG SELL
301680.SZ	GOODE EIS SUZHOU CORPORATION LT	$1.5B	23	SELL
688611.SS	Hangzhou Kelin Electric Co., Ltd.	$1.8B	16	STRONG SELL
688032.SS	Hoymiles Power Electronics Inc.	$1.8B	28	SELL
688226.SS	Wetown Electric Group Co., Ltd.	$1.3B	18	STRONG SELL
002580.SZ	Shandong Sacred Sun Power Sources Co.,Ltd	$1.6B	27	SELL
605365.SS	Leedarson IoT Technology Inc.	$1.3B	23	SELL

Peer medians: ROE 6.0% · P/E 34.8x · Gross margin 22.9%

Zhejiang Wanma Co., Ltd. (002276.SZ) — Stock Score Summary

Zhejiang Wanma Co., Ltd. (002276.SZ) has a MoatMap StockRank of 21/100 based on Quality (46/100), Value (43/100), and Momentum (23/100) factor scores. The current signal is SELL. Zhejiang Wanma is a key manufacturer of power cables and EV charging infrastructure, directly benefiting from grid modernization and the copper electrification supercycle. However, the business operates with thin manufacturing margins and faces intense domestic competition.

Key Financial Metrics

Price	$1.65
Market Cap	$1.8B
P/E (TTM)	33.58
P/E (Forward)	19.44
Price/Book	1.83
Return on Equity	5.5%
Return on Invested Capital	6.3%
Debt/Equity	20.69
Gross Margin	11.6%
Operating Margin	2.6%
Revenue Growth	16.5%
Dividend Yield	0.5%
Free Cash Flow	$9M

Zhejiang Wanma Co., Ltd. operates in the Electrical Equipment & Parts industry, part of the Industrials sector (China).

Frequently Asked Questions

What is Zhejiang Wanma Co., Ltd.’s (002276.SZ) StockRank?: MoatMap’s StockRank for Zhejiang Wanma Co., Ltd. (002276.SZ) is 21/100, with a Sell signal. It is a composite of Quality (46), Value (43), and Momentum (23) factor ranks across MoatMap’s 19,000+ stock universe.
Does Zhejiang Wanma Co., Ltd. have an economic moat?: Zhejiang Wanma Co., Ltd. (002276.SZ) has a Quality factor score of 46/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Zhejiang Wanma Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Zhejiang Wanma Co., Ltd. (002276.SZ) is Sell, based on a StockRank of 21/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Zhejiang Wanma Co., Ltd. in?: Zhejiang Wanma Co., Ltd. (002276.SZ) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (China).