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603213.SS

SELLREMOVE

Zhejiang Oceanking Development Co., Ltd. · Basic Materials · China · $960M · Avg Vol: $12M/d

32
StockRank
Q
49
V
26
M
48
P/E (TTM)
90.9x
ROE
3.8%
D/E
0.4x
Dividend %
1.7%
AI CONVICTION THESIS

Zhejiang Oceanking Development manufactures industrial stainless steel pipes. It is a highly cyclical, capital-intensive business with low pricing power and heavy exposure to raw nickel and chromium prices.

COMPANY DESCRIPTION

Zhejiang Oceanking Development Co., Ltd. manufactures specialty chemical products, focusing on concrete admixtures, coal water slurry dispersants, and other environmental chemicals. The company's products are widely used in large-scale infrastructure projects, commercial concrete production, and clean energy applications. Its competitive moat is sustained by strong R&D in polymer synthesis, customized technical service capabilities, and a dominant market position in eastern China's construction chemicals sector.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue379M313M428M388M0.8%
EPS0.130.080.070.03-42.0%
Shares435M435M435M442M+1.6%
Debt739,90443M101M105M421.8%
Equity253M262M285M287M4.2%
Op CF78M7M-3M47M-15.3%
Inv CF-43M-73M-26M-36M
Fin CF-44M13M48M-6M
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PRICE (1M)+4.3%
1.962.022.082.142.20May 8May 29Jun 18
SMA 50SMA 200
Close
$2.09
RSI (14)
41.1
52W High
$2.44
From 52W High
0.9%

SCORE BREAKDOWN

Quality
49
ROIC
4.4%52.3
ROE
3.8%50.4
GP/Assets
7.0%30.8
Op. Margin
9.9%65.9
FCF/Assets
3.5%68.8
Piotroski
81.2
Int. Cover
4.9x51.0
D/E Ratio
0.36x43.4
Current Ratio
1.04x15.2
Value
26
P/E (TTM)
90.9x13.2
EV/EBITDA
26.5x13.4
P/FCF
373.0x22.8
P/B
3.3x30.6
P/S
2.4x40.0
Div Yield
1.7%52.2
Momentum
48
52W High %
86%74.4
RS 6M
-5%52.5
SMA 50/200
1.01x39.9
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
N/A
Q Growth
-1%33.7

FUNDAMENTALS

Market Cap
$960M
P/E (Forward)
Gross Margin
9.0%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 603213.SS are excluded.

TickerCompanyMkt CapStockRankSignal
603213.SSZhejiang Oceanking Development Co., Ltd.(you)$960M32SELL
300706.SZFujian Acetron New Materials Co., Ltd.$1.1B32SELL
300856.SZNanjing COSMOS Chemical Co., Ltd.$894M30SELL
000059.SZNorth Huajin Chemical Industries Co.,Ltd$1.0B27SELL
300801.SZShandong Taihe Technologies Co., Ltd.$871M37HOLD
605077.SSZhejiang Huakang Pharmaceutical Co., Ltd.$788M36HOLD
301617.SZShandong Boyuan Pharmaceutical & Chemical Co., Ltd.$1.3B29SELL
600929.SSSnowsky Salt Industry Group CO.,LTD$1.3B28SELL
603612.SSSunstone Development Co., Ltd.$1.5B35SELL
002971.SZHubei Heyuan Gas Co.,Ltd.$1.1B23SELL

Peer medians: ROE 6.2% · P/E 33.1x · Gross margin 17.5%

Zhejiang Oceanking Development Co., Ltd. (603213.SS) — Stock Score Summary

Zhejiang Oceanking Development Co., Ltd. (603213.SS) has a MoatMap StockRank of 32/100 based on Quality (49/100), Value (26/100), and Momentum (48/100) factor scores. The current signal is SELL. Zhejiang Oceanking Development manufactures industrial stainless steel pipes. It is a highly cyclical, capital-intensive business with low pricing power and heavy exposure to raw nickel and chromium prices.

Zhejiang Oceanking Development Co., Ltd. manufactures specialty chemical products, focusing on concrete admixtures, coal water slurry dispersants, and other environmental chemicals. The company's products are widely used in large-scale infrastructure projects, commercial concrete production, and clean energy applications. Its competitive moat is sustained by strong R&D in polymer synthesis, customized technical service capabilities, and a dominant market position in eastern China's construction chemicals sector.

Key Financial Metrics

Price$2.09
Market Cap$960M
P/E (TTM)90.94
Price/Book3.26
Return on Equity3.8%
Return on Invested Capital4.4%
Debt/Equity36.42
Gross Margin9.0%
Operating Margin9.9%
Revenue Growth3.1%
Dividend Yield1.7%
Free Cash Flow$3M

Zhejiang Oceanking Development Co., Ltd. operates in the Chemicals industry, part of the Basic Materials sector (China).

Frequently Asked Questions

What is Zhejiang Oceanking Development Co., Ltd.’s (603213.SS) StockRank?
MoatMap’s StockRank for Zhejiang Oceanking Development Co., Ltd. (603213.SS) is 32/100, with a Sell signal. It is a composite of Quality (49), Value (26), and Momentum (48) factor ranks across MoatMap’s 20,000+ stock universe.
Does Zhejiang Oceanking Development Co., Ltd. have an economic moat?
Zhejiang Oceanking Development Co., Ltd. (603213.SS) has a Quality factor score of 49/100. 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 Oceanking Development Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for Zhejiang Oceanking Development Co., Ltd. (603213.SS) is Sell, based on a StockRank of 32/100. 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 Oceanking Development Co., Ltd. in?
Zhejiang Oceanking Development Co., Ltd. (603213.SS) operates in the Basic Materials sector, specifically the Chemicals industry (China).