---
title: "Huaming Power Equipment Co., Ltd (002270.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002270.SZ.md"
symbol: "002270.SZ"
name: "Huaming Power Equipment Co., Ltd"
industry: "Electrical Components and Equipment"
datetime: "2026-05-19T22:48:23.573Z"
locales:
  - [en](https://longbridge.com/en/quote/002270.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002270.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002270.SZ.md)
---

# Huaming Power Equipment Co., Ltd (002270.SZ)

## Company Overview

Huaming Power Equipment Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of on-load tap changers in China and internationally. It offers embedded vacuum, embedded oil-cooled arc-extinguishing, gas-insulated, external, and dry-type on-load tap changers, as well as on-load tap changer oil filter, non-excitation tap changer, electric mechanism, and controller. The company also provides steel structure, iron tower, sheet metal, and automotive industry processing equipment, as well as environmental protection boiler flue gas deep purification equipment. In addition, it engages in electrical equipment production; power engineering construction; power equipment maintenance; power distribution and sales project development and operation management; photovoltaic power generation; technical service; business management; and power project investment.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.huaming.com](https://www.huaming.com) |

## 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: 2026-05-19T04:30:08.000Z

**Overall: B (0.39)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 31 / 261 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 2.82% |  |
| Net Profit YoY | 6.48% |  |
| P/B Ratio | 6.97 |  |
| Dividend Ratio | 3.41% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 21721666819.37 |  |
| Revenue | 2445199828.12 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 21.69% | A |
| Profit Margin | 28.66% | A |
| Gross Margin | 53.25% | B |
| Revenue YoY | 2.82% | C |
| Net Profit YoY | 6.48% | C |
| Total Assets YoY | 11.36% | B |
| Net Assets YoY | -6.60% | D |
| Cash Flow Margin | 90.52% | C |
| OCF YoY | 2.82% | C |
| Turnover | 0.51 | C |
| Gearing Ratio | 37.18% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Huaming Power Equipment Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "2.82%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "6.48%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "6.97",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.41%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "21721666819.37",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2445199828.12",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "21.69%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "28.66%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "53.25%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "2.82%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "6.48%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "11.36%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-6.60%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "90.52%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "2.82%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.51",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "37.18%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 31.42 | 32/261 | 35.29 | 31.52 | 24.14 |
| PB | 7.06 | 217/261 | 7.91 | 7.03 | 4.75 |
| PS (TTM) | 9.00 | 223/261 | 10.24 | 9.03 | 6.68 |
| Dividend Yield | 3.36% | 10/261 | 3.06% | 2.28% | 1.92% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-18T16:00:00.000Z

Total Analysts: **13**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 8 | 62% |
| Overweight | 3 | 23% |
| Hold | 2 | 15% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 24.59 |
| Highest Target | 43.00 |
| Lowest Target | 26.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002270.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002270.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002270.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002270.SZ/filings.md)

---

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