---
title: "Fujian Star-net Communication Co.,Ltd. (002396.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002396.SZ.md"
symbol: "002396.SZ"
name: "Fujian Star-net Communication Co.,Ltd."
industry: "Communications Equipment"
datetime: "2026-05-20T13:04:25.401Z"
locales:
  - [en](https://longbridge.com/en/quote/002396.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002396.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002396.SZ.md)
---

# Fujian Star-net Communication Co.,Ltd. (002396.SZ)

## Company Overview

Fujian Star-net Communication Co., LTD. engages in the provision of ICT infrastructure and AI application solutions in China. The company offers communication infrastructure; and network infrastructure solutions, such as network equipment, network security, and cloud desktop solutions. It also provides AI application solutions, including IT solutions, such as desktop cloud terminals, thin clients, domestically developed IT systems, domestically developed cloud services, financial services, and digital payments; media, cloud technology, mobile internet, artificial intelligence, 5G, and AI; smart space; smart video network; smart manufacturing; and smart retail solutions.

| Item | Detail |
|------|--------|
| Industry | Communications Equipment |
| Exchange | CN Market |
| Website | [ar-net.cn](https://ar-net.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: 2026-05-20T04:30:09.000Z

**Overall: B (0.32)**

**Industry**: Communications Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 14 / 97 |
| 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 14.45% |  |
| Net Profit YoY | -7.17% |  |
| P/B Ratio | 2.69 |  |
| Dividend Ratio | 0.78% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 18922264286.49 |  |
| Revenue | 19610731425.98 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.88% | C |
| Profit Margin | 2.06% | C |
| Gross Margin | 31.92% | C |
| Revenue YoY | 14.45% | B |
| Net Profit YoY | -7.17% | C |
| Total Assets YoY | 1.98% | C |
| Net Assets YoY | 5.77% | C |
| Cash Flow Margin | 281.23% | A |
| OCF YoY | 14.45% | B |
| Turnover | 1.17 | A |
| Gearing Ratio | 39.54% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Fujian Star-net Communication Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "14.45%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-7.17%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.69",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.78%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "18922264286.49",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "19610731425.98",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.88%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "2.06%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "31.92%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "14.45%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-7.17%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.98%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.77%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "281.23%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "14.45%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "1.17",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "39.54%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 48.16 | 9/97 | 38.18 | 35.34 | 31.29 |
| PB | 2.77 | 16/97 | 2.61 | 2.40 | 2.18 |
| PS (TTM) | 0.99 | 1/97 | 0.96 | 0.88 | 0.79 |
| Dividend Yield | 0.75% | 15/97 | 0.98% | 0.89% | 0.82% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Zhongji Innolight (300308.SZ) | A | A | A | B | B | A |
| 02 | TFC (300394.SZ) | A | A | A | A | B | A |
| 03 | YOFC (601869.SH) | B | B | C | C | A | B |
| 04 | HTGD (600487.SH) | C | B | A | C | B | B |
| 05 | SUNWAY COMM (300136.SZ) | B | C | B | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-22T16:00:00.000Z

Total Analysts: **2**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 2 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 33.22 |
| Highest Target | 34.82 |
| Lowest Target | 15.50 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002396.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002396.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002396.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002396.SZ/filings.md)

---

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