---
title: "Hgtech Company Limited (000988.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000988.SZ.md"
symbol: "000988.SZ"
name: "Hgtech Company Limited"
industry: "Electronic Equipment and Instruments"
datetime: "2026-05-20T03:40:57.900Z"
locales:
  - [en](https://longbridge.com/en/quote/000988.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000988.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000988.SZ.md)
---

# Hgtech Company Limited (000988.SZ)

## Company Overview

HGTECH Company Limited manufactures and sells laser equipment, hologram products, optical communication devices, and electronic components in China and internationally. It operates through four divisions: Laser Processing Equipment and Intelligent Manufacturing Production and Sales Division; Optoelectronic Devices Production and Sales Division; Sensitive Components Production and Sales Division; and Laser Holographic Film Products Production and Sales Division. The company offers laser smart equipment, such as laser marking, laser cutting, laser surface treatment, laser welding, specialized equipment, and sheet metal laser cutting, as well as equipment for laser texturing, laser heat treatment system, laser drilling machine, laser and various supporting devices, and plasma cutting equipment; and hologram products, including hologram stickers, hot stamping foils, security hologram, packaging hologram, metalized paper, and barcode products. It also provides optical communication products, including data center, wireless/transmission, access, silicon optical, network terminal, home terminal, and vehicle optical product line; automotive electronic products; PTC and NTC series products; and NTC thermistors, PTC thermistors, sensors, and automotive PTC heaters.

| Item | Detail |
|------|--------|
| Industry | Electronic Equipment and Instruments |
| Exchange | CN Market |
| Website | [www.hgtech.com.cn](https://www.hgtech.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:10.000Z

**Overall: B (0.36)**

**Industry**: Electronic Equipment and Instruments

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 201 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 18.69% |  |
| Net Profit YoY | 26.85% |  |
| P/B Ratio | 12.68 |  |
| Dividend Ratio | 0.14% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 148049479397.03 |  |
| Revenue | 15250567736.89 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 15.26% | A |
| Profit Margin | 11.13% | B |
| Gross Margin | 19.81% | D |
| Revenue YoY | 18.69% | B |
| Net Profit YoY | 26.85% | B |
| Total Assets YoY | 12.83% | B |
| Net Assets YoY | 10.19% | B |
| Cash Flow Margin | 25.68% | D |
| OCF YoY | 18.69% | B |
| Turnover | 0.70 | B |
| Gearing Ratio | 48.75% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hgtech Company Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "18.69%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "26.85%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "12.68",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.14%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "148049479397.03",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "15250567736.89",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "15.26%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "11.13%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "19.81%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "18.69%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "26.85%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "12.83%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "10.19%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "25.68%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "18.69%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.70",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "48.75%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 93.72 | 88/201 | 68.39 | 49.03 | 36.64 |
| PB | 13.63 | 187/201 | 9.42 | 7.21 | 4.76 |
| PS (TTM) | 10.43 | 128/201 | 7.25 | 5.66 | 3.86 |
| Dividend Yield | 0.13% | 123/201 | 0.36% | 0.26% | 0.19% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | FII (601138.SH) | B | A | A | D | B | B |
| 02 | HIKVISION (002415.SZ) | A | C | B | B | C | B |
| 03 | HGTECH (000988.SZ) | B | B | B | C | C | B |
| 04 | Raytron (688002.SH) | A | A | B | B | A | B |
| 05 | GUIDE INFRARED (002414.SZ) | A | A | C | B | A | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-27T16:00:00.000Z

Total Analysts: **4**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 167.57 |
| Highest Target | 157.98 |
| Lowest Target | 83.59 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/000988.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/000988.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/000988.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/000988.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**