What is Chongyi Zhangyuan Tungsten Co., Ltd.'s (002378.SZ) StockRank?

MoatMap's StockRank for Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) is 58/100, with a Hold signal. This is a composite score combining Quality (64), Value (12), and Momentum (71) factor ranks across MoatMap's 19,000+ stock universe.

Does Chongyi Zhangyuan Tungsten Co., Ltd. have an economic moat?

Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) has a Quality factor score of 64/100. 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 Chongyi Zhangyuan Tungsten Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) is Hold, based on a StockRank of 58/100. 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 Chongyi Zhangyuan Tungsten Co., Ltd. in?

Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (China).

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002378.SZ

HOLDFLAG

Chongyi Zhangyuan Tungsten Co., Ltd. · Basic Materials · China · $5.1B · Avg Vol: $433M/d

StockRank

P/E (TTM)

71.9x

ROE

25.6%

D/E

0.9x

Dividend %

0.3%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

As a vertically integrated tungsten producer, Zhangyuan Tungsten benefits from the rising demand for critical industrial metals used in defense, aerospace, and advanced manufacturing. Tungsten is facing supply constraints and rising geopolitical protectionism. However, the business remains highly cyclical and capital-intensive, limiting its appeal as a high-quality compounder.

COMPANY DESCRIPTION

Chongyi Zhangyuan Tungsten Co., Ltd. is a vertically integrated producer of tungsten products, spanning upstream mining and smelting to downstream high-precision carbide tools. The company controls significant tungsten resource reserves in China, which holds the world's largest tungsten deposits, ensuring a stable raw material supply. Its focus on high-value-added downstream products like CNC cutting tools positions it to capture higher margins in the industrial manufacturing sector.

FINANCIAL SUMMARY

Year	2021	2022	2023	2024	2025	CAGR
Revenue	394M	473M	503M	543M	—	11.3%
EPS	—	0.03	0.02	0.02	0.04	12.2%
Shares	—	1.2B	1.2B	1.2B	1.2B	0.0%
Debt	—	208M	227M	293M	270M	9.1%
Equity	—	277M	296M	301M	315M	4.4%
Op CF	—	26M	31M	28M	75M	41.5%
Inv CF	—	-33M	-30M	-12M	-52M	—
Fin CF	—	13M	-18M	13M	-45M	—

PRICE (1M)+10.6%

SMA 50SMA 200

$5.66

RSI (14)

89.8

52W High

$7.16

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC (ROA)

8.7%*70.9

ROE

25.6%93.6

GP/Assets

27.7%84.3

Op. Margin

21.1%83.4

FCF/Assets

5.5%77.6

Piotroski

—51.9

Int. Cover

—N/A

D/E Ratio

0.94x14.1

Current Ratio

1.39x28.9

Value

P/E (TTM)

71.9x15.7

EV/EBITDA

35.9x9.5

P/FCF

860.2x7.6

P/B

16.5x4.4

P/S

6.8x19.9

Div Yield

0.3%15.4

Momentum

52W High %

79%62.2

RS 6M

194%97.1

SMA 50/200

1.42x92.5

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

-48%5.3

Q Growth

796%95.3

FUNDAMENTALS

Market Cap

$5.1B

P/E (Forward)

138.5x

Gross Margin

20.7%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 002378.SZ are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
002378.SZ	Chongyi Zhangyuan Tungsten Co., Ltd.(you)	$5.1B	58	HOLD
000060.SZ	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd.	$5.1B	53	HOLD
600711.SS	Chengtun Mining Group Co., Ltd.	$5.6B	62	HOLD
002738.SZ	Sinomine Resource Group Co., Ltd.	$6.6B	54	HOLD
000962.SZ	Ningxia Orient Tantalum Industry Co., Ltd.	$4.7B	50	HOLD
600259.SS	Rising Nonferrous Metals Share Co.,Ltd.	$4.1B	52	HOLD
600392.SS	Shenghe Resources Holding Co., Ltd	$5.7B	48	HOLD
601061.SS	CITIC Metal Co., Ltd	$9.5B	60	HOLD
000688.SZ	GuoCheng Mining CO.,LTD	$7.4B	51	HOLD
603132.SS	Jinhui Mining Incorporation Limited	$2.5B	59	HOLD

Peer medians: ROE 6.1% · P/E 33.1x · Gross margin 17.5%

Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) — Stock Score Summary

Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) has a MoatMap StockRank of 58/100 based on Quality (64/100), Value (12/100), and Momentum (71/100) factor scores. The current signal is HOLD. As a vertically integrated tungsten producer, Zhangyuan Tungsten benefits from the rising demand for critical industrial metals used in defense, aerospace, and advanced manufacturing. Tungsten is facing supply constraints and rising geopolitical protectionism. However, the business remains highly cyclical and capital-intensive, limiting its appeal as a high-quality compounder.

Key Financial Metrics

Price	$5.66
Market Cap	$5.1B
P/E (TTM)	71.92
P/E (Forward)	138.52
Price/Book	16.52
Return on Equity	25.6%
Debt/Equity	93.89
Gross Margin	20.7%
Operating Margin	21.1%
Revenue Growth	121.8%
Dividend Yield	0.3%
Free Cash Flow	$6M

Chongyi Zhangyuan Tungsten Co., Ltd. operates in the Other Industrial Metals & Mining industry, part of the Basic Materials sector (China).

Frequently Asked Questions

What is Chongyi Zhangyuan Tungsten Co., Ltd.’s (002378.SZ) StockRank?: MoatMap’s StockRank for Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) is 58/100, with a Hold signal. It is a composite of Quality (64), Value (12), and Momentum (71) factor ranks across MoatMap’s 19,000+ stock universe.
Does Chongyi Zhangyuan Tungsten Co., Ltd. have an economic moat?: Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) has a Quality factor score of 64/100. 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 Chongyi Zhangyuan Tungsten Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) is Hold, based on a StockRank of 58/100. 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 Chongyi Zhangyuan Tungsten Co., Ltd. in?: Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (China).