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What Zhejiang Changsheng Sliding Bearings (长盛轴承) Does & How It Makes Money (300718.SZ)

Updated October 2026 · reflects Zhejiang Changsheng Sliding Bearings's latest reported financials

Chinese maker of self-lubricating bearings and engineering plastics. It makes money by manufacturing and selling sliding bearings, low-friction components and polymer materials to industrial and automotive manufacturers in China and abroad.

Zhejiang Changsheng Sliding Bearings's story, moat and numbers — in a 3-minute visual book.

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How Zhejiang Changsheng Sliding Bearings makes money

It makes money by manufacturing and selling sliding bearings, low-friction components and polymer materials to industrial and automotive manufacturers in China and abroad.

What Zhejiang Changsheng Sliding Bearings does

Zhejiang Changsheng Sliding Bearings, founded in 1995 and headquartered in Jiashan, China, specializes in sliding bearings and polymer materials. Its core products are self-lubricating bearings and low-friction pair components, which cut friction and wear in moving parts without heavy reliance on external lubrication. It also produces modified engineering plastics and fluoroplastic products. The company sells to customers in China and internationally, serving automobiles, construction machinery, clean energy, artificial intelligence and mechanical engineering. That spread of end markets ties its business to industrial and automotive manufacturing activity.

Products & services

长盛轴承是做什么的?

长盛轴承(浙江长盛滑动轴承股份有限公司)成立于1995年,总部位于浙江嘉善,主要做滑动轴承和高分子材料的研发、生产与销售。核心产品是自润滑轴承和低摩擦副零部件,能减少运动部件的摩擦和磨损,对外部润滑的依赖较低。公司也生产改性工程塑料和氟塑料制品。 公司客户分布在国内和海外,产品用于汽车、工程机械、清洁能源、人工智能和机械工程等领域,业务表现与工业制造和汽车行业的景气度相关。

What is Zhejiang Changsheng Sliding Bearings worth?

On an owner-earnings DCF, Zhejiang Changsheng Sliding Bearings's most-likely value is about ¥11 versus a recent price near ¥47 (328% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥5) with a margin of safety — so the honest verdict here is “Stretched — richly priced.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Stretched — richly priced
Owner-earnings fair value · recent price ≈ ¥47
Fair value (most likely)
¥11
Range
¥7–¥18
No-growth floor
¥5
Price
~¥47

Today's $47 is above even the optimistic Bull case ($18) — the market expects faster, longer growth than modeled here. Expensive unless that extra growth actually shows up.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Industrials Industry Specialty Industrial Machinery HQ China Ticker 300718.SZ Official site

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