LB Group (002601) Stock Price, Fundamentals & Analysis

What 002601 does

LB Group (002601) is a manufacturer of high-performance titanium dioxide pigments based in Jiaozuo, China, with operations in China and internationally. The company also produces sponge titanium, zirconium products, and lithium battery cathode and anode materials, selling under the Snow Lotus and Xuelian brands. Its products are used in coatings, plastics, ink, and paper applications. LB Group is listed on the Shenzhen Stock Exchange and belongs to the Basic Materials sector, Specialty Chemicals industry.

Key numbers explained

• LB Group trades at 15 CNY, down 1.58% today, with a 52-week range of 13.66 – 23.79 CNY and a 12-month price change of -21.9%.
• The trailing P/E ratio of 51.7 compares the current price to the last twelve months of earnings, while the forward P/E ratio of 13.4 uses expected future earnings, offering a different view of valuation.
• The dividend yield of 4% shows the annual dividend as a percentage of the share price, with 34% of earnings paid out as dividends and an ex-dividend date of 17 dec. 2025.
• Beta of 0.8 suggests the stock has historically been less volatile than the overall market.
• Revenue, trailing twelve months, is 27.05 mld. CNY, growing 15.7% year over year, while profit margin stands at 2.6% and operating margin at 13.6%.
• Return on equity of 2.8% measures how effectively the company generates profit from shareholders' equity.
• The debt-to-equity ratio of 83.7% indicates the level of financial leverage relative to equity.
• Price-to-book of 1.52 compares the market price to the company's book value per share.

What to watch

Investors tracking LB Group may watch commodity price cycles, particularly for titanium and lithium inputs, which can affect margins in the Specialty Chemicals industry. Regulatory developments in China's materials sector and shifts in global demand for coatings, plastics, and battery materials are also relevant. The company's position among peers such as ZANGGE MINING COMPANY (000408), Yunnan Energy New Material (002812), and Ganfeng Lithium (002460) can provide context for competitive dynamics. As a Shenzhen Stock Exchange stock, LB Group is also part of the broader Shenzhen Stock Exchange stocks universe.