---
title: "Ningbo Huaxiang Electronic Co.,Ltd. (002048.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002048.SZ.md"
symbol: "002048.SZ"
name: "Ningbo Huaxiang Electronic Co.,Ltd."
industry: "Automotive Parts and Equipment"
datetime: "2026-05-20T01:28:04.904Z"
locales:
  - [en](https://longbridge.com/en/quote/002048.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002048.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002048.SZ.md)
---

# Ningbo Huaxiang Electronic Co.,Ltd. (002048.SZ)

## Company Overview

Ningbo Huaxiang Electronic Co., Ltd. designs, develops, produces, and sells automotive parts in the People’s Republic of China and internationally. The company offers automotive interior and exterior trim, including dashboards, door panels, center consoles, headliners, carpets, trim strips, and rearview mirror modules; body metal parts comprising body structural components and battery box housings; and electronic and electrical accessories, such as wiring harness protection systems, high-voltage protection plastic components, and energy storage module plastic parts. It serves traditional OEM automakers and intelligent electric vehicle manufacturers.

| Item | Detail |
|------|--------|
| Industry | Automotive Parts and Equipment |
| Exchange | CN Market |
| Website | [www.nbhx.com.cn](https://www.nbhx.com.cn) |

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


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.49)**

**Industry**: Automotive Parts and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 96 / 194 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -6.69% |  |
| Net Profit YoY | -55.79% |  |
| P/B Ratio | 1.98 |  |
| Dividend Ratio | 1.61% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 23724973550.36 |  |
| Revenue | 25070460334.97 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.65% | C |
| Profit Margin | 1.73% | C |
| Gross Margin | 14.14% | D |
| Revenue YoY | -6.69% | D |
| Net Profit YoY | -55.79% | D |
| Total Assets YoY | -8.11% | E |
| Net Assets YoY | 0.02% | D |
| Cash Flow Margin | 591.72% | A |
| OCF YoY | -6.69% | D |
| Turnover | 0.92 | A |
| Gearing Ratio | 48.86% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ningbo Huaxiang Electronic Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-6.69%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-55.79%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.98",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.61%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "23724973550.36",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "25070460334.97",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.65%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "1.73%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "14.14%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-6.69%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-55.79%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-8.11%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.02%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "591.72%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-6.69%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.92",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "48.86%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 53.92 | 113/194 | 84.73 | 70.83 | 16.59 |
| PB | 1.96 | 40/194 | 2.33 | 2.02 | 1.37 |
| PS (TTM) | 0.93 | 15/194 | 0.95 | 0.84 | 0.61 |
| Dividend Yield | 1.63% | 38/194 | 1.89% | 1.62% | 1.45% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | FYG;FUYAO GLASS (600660.SH) | A | B | B | C | B | B |
| 02 | Tuopu Group (601689.SH) | B | B | B | C | B | B |
| 03 | Desay SV (002920.SZ) | B | B | A | C | B | B |
| 04 | KDL (002850.SZ) | B | B | B | C | B | B |
| 05 | YINLUN (002126.SZ) | B | B | B | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-04T16:00:00.000Z

Total Analysts: **2**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 50% |
| Hold | 1 | 50% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 28.60 |
| Highest Target | 39.00 |
| Lowest Target | 17.10 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002048.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002048.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002048.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002048.SZ/filings.md)

---

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