Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
605378.SS
STRONG SELLREMOVEZhejiang Mustang Battery Co.,Ltd · Industrials · China · $642M · Avg Vol: $6M/d
Zhejiang Mustang Battery manufactures alkaline and carbon-zinc batteries. Despite a solid quality score (Q: 47), household batteries are a commoditized product with minimal pricing power and high raw material cost sensitivity.
COMPANY DESCRIPTION
Zhejiang Mustang Battery Co., Ltd. specializes in the research, development, and mass production of alkaline and zinc-carbon dry batteries. The company is one of China's largest battery exporters, operating as a key OEM/ODM partner for global retail brands and supermarkets. Its competitive moat is anchored by highly automated, high-speed production lines that deliver exceptional cost efficiency and consistent product quality at scale.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 151M | 147M | 192M | 183M | 6.7% |
| EPS | 0.06 | 0.08 | 0.14 | 0.04 | -12.8% |
| Shares | 261M | 261M | 261M | 261M | 0.0% |
| Debt | 16,132 | 30,673 | 20,246 | 11,079 | -11.8% |
| Equity | 176M | 182M | 190M | 185M | 1.7% |
| Op CF | 24M | 15M | 12M | 24M | -0.2% |
| Inv CF | -14M | 13M | 3M | -5M | — |
| Fin CF | -7M | -10M | -15M | -14M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 605378.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 605378.SS | Zhejiang Mustang Battery Co.,Ltd(you) | $642M | 6 | STRONG SELL |
| 300120.SZ | Tianjin Jingwei Huikai Optoelectronic Co., Ltd. | $705M | 7 | STRONG SELL |
| 300822.SZ | Shenzhen Bestek Technology Co., Ltd. | $635M | 9 | STRONG SELL |
| 300916.SZ | Shenzhen Longtech Smart Control Co., Ltd. | $742M | 7 | STRONG SELL |
| 600212.SS | Gresgying Digital Energy Technology Co.,Ltd | $649M | 0 | STRONG SELL |
| 300991.SZ | Shenzhen Chuangyitong Technology Co.,Ltd. | $839M | 4 | STRONG SELL |
| 300048.SZ | Hiconics Eco-energy Technology Co., Ltd. | $977M | 6 | STRONG SELL |
| 301622.SZ | Baotou INST Magnetic New Materials Co., Ltd. | $965M | 7 | STRONG SELL |
| 002356.SZ | Shenzhen Hemei Group Co.,LTD. | $578M | 13 | STRONG SELL |
| 301525.SZ | Shanghai Ruking Technologies Co., Ltd. | $1.0B | 10 | STRONG SELL |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%