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Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ)

CNY5.92 +0.01 (+0.17%)
CN SHZ Basic Materials Steel
Address No.558, Yanling East Road 213018
Changzhou, CN
CEO Jian Cao
IPO 2010-09-21
ISIN CNE100000TX7

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Description

Jiangsu Changbao Steeltube Co.,Ltd is a Chinese company that manufactures and distributes a wide array of steel pipes and tubes. Based in Changzhou and established in 1958, the firm caters to numerous industries both domestically and internationally. Their product portfolio is extensive, including specialized OCTG (Oil Country Tubular Goods) for the petroleum sector, such as connection tubings, casings, drill pipes, and pipes designed for perforating guns, petroleum tools, and slotted applications. They also supply boiler tubes essential for power generation and precision steel tubes for the automotive industry, which encompass hydraulic cylinder piping and axle tubes. Additionally, Jiangsu Changbao produces petrochemical tubes, low-temperature resistant steel pipes, and high-pressure fertilizer tubes. The engineering machinery industry benefits from their mechanical steel pipes, boom pipes, and hydraulic cylinder piping. Further offerings include line pipes, geological drilling pipes, core barrels, materials for rope coring drill pipes, gas cylinder pipes, and accumulator tubes. They also provide steel pipes for marine engineering projects, general structural applications, and the conveyance of fluids. The company maintains a significant global presence, exporting its products to diverse regions including Europe, the Americas, the Middle East, CIS countries, Southeast Asia, Australia, and across Africa.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY5.92 +0.01 (+0.17%)
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Volume Profile
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Liquidity & share structure
Average Volume
31M
Beta
0.46
Float Shares
900.48M
Free Float %
100.0%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
5.92
DCF (Unlevered) 15.32 +158.8%
DCF (Levered) 10.70 +80.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-04 Change
Strong Buy 1 0
Buy 0 -1
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.82
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Steel: +1.2%
    +3.5% Q1'26: +9.9% (vs Q1'25)
  • EPS growth Steel: +17.4%
    -22.9% Q1'26: -41.7% (vs Q1'25)
  • FCF margin FCF growth · Steel: +44.2%
    +6.4% Q1'26: +2.3% (vs Q1'25)
  • EBIT margin Steel: +5.8%
    +9.4% Q1'26: +5.3% (vs Q1'25)
  • ROIC Steel: +4.3%
    +16.6% Q1'26: +7.9% (vs Q1'25)
  • Share dilution Steel: +0.0%
    -1.4% Q1'26: +3.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    0.27× Q1'26: 0.61× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.80) × ERP
WACC = 98% × Ke + 2% × Kd (3.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 20.45 Current price: 5.92
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.92B
est: 3.56B (-17.9%)
2.21B
est: 2.17B (+1.4%)
3.49B
est: 2.39B (+46.0%)
5.38B
est: 5.97B (-10.0%)
5.29B
est: 6.54B (-19.2%)
3.94B
est: 4.06B (-2.8%)
4.23B
est: 4.04B (+4.6%)
5.00B
est.
6.22B
est: 7.04B (-11.6%)
6.66B
est: 7.04B (-5.4%)
5.70B
est: 6.03B (-5.5%)
5.89B
est: 5.89B (0.0%)
6.43B
6.43B – 6.43B
+9.0% YoY
6.92B
6.92B – 6.92B
+7.7% YoY
7.43B
7.43B – 7.43B
+7.4% YoY
EBITDA
404.70M
est: 462.19M (-12.4%)
295.20M
est: 282.17M (+4.6%)
344.65M
est: 310.59M (+11.0%)
834.30M
est: 775.21M (+7.6%)
992.25M
est: 848.83M (+16.9%)
389.91M
est: 526.30M (-25.9%)
326.28M
est: 524.36M (-37.8%)
648.31M
est.
787.79M
est: 913.99M (-13.8%)
1.15B
est: 913.99M (+25.6%)
996.59M
est: 783.40M (+27.2%)
787.55M
est: 766.11M (+2.8%)
835.40M
835.40M – 835.40M
+9.0% YoY
899.88M
899.88M – 899.88M
+7.7% YoY
966.18M
966.18M – 966.18M
+7.4% YoY
EBIT
249.04M
est: 316.33M (-21.3%)
142.58M
est: 193.12M (-26.2%)
187.29M
est: 212.58M (-11.9%)
631.69M
est: 530.58M (+19.1%)
804.07M
est: 580.96M (+38.4%)
186.84M
est: 360.22M (-48.1%)
154.76M
est: 358.88M (-56.9%)
443.72M
est.
559.15M
est: 625.56M (-10.6%)
916.74M
est: 625.56M (+46.5%)
767.50M
est: 537.80M (+42.7%)
554.50M
est: 525.93M (+5.4%)
573.49M
573.49M – 573.49M
+9.0% YoY
617.76M
617.76M – 617.76M
+7.7% YoY
663.28M
663.28M – 663.28M
+7.4% YoY
Net Income
206.06M
est: 233.30M (-11.7%)
109.70M
est: 176.67M (-37.9%)
143.68M
est: 190.26M (-24.5%)
480.26M
est: 489.25M (-1.8%)
601.16M
est: 570.79M (+5.3%)
123.65M
est: 335.23M (-63.1%)
135.83M
est: 308.05M (-55.9%)
326.17M
est.
471.03M
est: 779.18M (-39.5%)
783.03M
est: 779.18M (+0.5%)
634.22M
est: 611.56M (+3.7%)
482.27M
est: 489.25M (-1.4%)
616.09M
616.09M – 616.09M
+25.9% YoY
706.70M
706.70M – 706.70M
+14.7% YoY
824.48M
824.48M – 824.48M
+16.7% YoY
SGA
292.51M
est: 49.41M (+492.0%)
260.04M
est: 30.17M (+762.0%)
229.86M
est: 33.21M (+592.3%)
359.15M
est: 82.88M (+333.3%)
357.26M
est: 90.75M (+293.7%)
192.24M
est: 56.27M (+241.7%)
150.01M
est: 56.06M (+167.6%)
69.31M
est.
143.55M
est: 97.71M (+46.9%)
177.91M
est: 97.71M (+82.1%)
190.10M
est: 201.76M (-5.8%)
76.80M
est: 197.31M (-61.1%)
215.16M
215.16M – 215.16M
+9.0% YoY
231.77M
231.77M – 231.77M
+7.7% YoY
248.84M
248.84M – 248.84M
+7.4% YoY
EPS
0.26
est: 0.26 (+1.0%)
0.14
est: 0.20 (-28.2%)
0.17
est: 0.21 (-19.0%)
0.49
est: 0.54 (-9.3%)
0.63
est: 0.63 (+0.0%)
0.13
est: 0.37 (-64.9%)
0.15
est: 0.34 (-55.9%)
0.36
est.
0.52
est: 0.86 (-39.5%)
0.88
est: 0.86 (+2.3%)
0.70
est: 0.68 (+3.7%)
0.54
est: 0.54 (+0.0%)
0.68
0.68 – 0.68
+25.9% YoY
0.78
0.78 – 0.78
+14.7% YoY
0.91
0.91 – 0.91
+16.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-23 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-22 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-21 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-20 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-17 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
567.94M
OE per share TTM
0.61
Owner's Yield
6.37%
Maintenance CapEx ratio
21.98%
Maint CapEx / Avg PPE
43.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 17 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 292.5K 0.39%
2 Dimensional - Emerging Markets Value ETF DFEV 0.00% 48.2K 0.46%
3 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 253.5K 0.06%
4 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 82.6K 0.29%
5 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 7.7K 0.48%
6 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 17.3K 0.26%
7 Vanguard FTSE Emerging Markets ETF VWO 0.00% 855.2K 0.06%
8 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 35.5K 0.28%
9 Vanguard Total International Stock ETF VXUS 0.00% 1.10M 0.05%
10 Vanguard Total World Stock ETF VT 0.00% 121.7K 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
296.7K
Shares Outstanding
900.80M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jian Cao Non-Independent Chairman of the Board & Acting Financial Manager male
Qiaolin Han GM & Vice Chairman male
Songlin Chen Deputy GM & Director male
Yi Luo Accounting Supervisor
Zheng Chun Dai Deputy GM & Non-Independent Director male
Zhifeng Liu Secretary of the Board of Directors male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits