---
title: "Guangdong Shenglu Telecommunication Tech. Co., Ltd. (002446.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002446.SZ.md"
symbol: "002446.SZ"
name: "Guangdong Shenglu Telecommunication Tech. Co., Ltd."
industry: "Communications Equipment"
datetime: "2026-05-21T02:35:02.920Z"
locales:
  - [en](https://longbridge.com/en/quote/002446.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002446.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002446.SZ.md)
---

# Guangdong Shenglu Telecommunication Tech. Co., Ltd. (002446.SZ)

## Company Overview

Guangdong Shenglu Telecommunication Tech. Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells communication equipment, electromechanical products, and electronic circuit product accessories in China and internationally. It operates in two segments, Communication Equipment and Microwave Electronics. The company offers microwave antennas and auxiliary components, including rectangular and elliptical waveguides, connectors, and microwave communication antenna accessories; base station antennas, such as multibeam, omnidirectional, sector, and small cell; and automotive antennas comprising GPS, AM/FM, and GNNS and DAB.

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

**Overall: C (0.57)**

**Industry**: Communications Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 0 / 97 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 0.00% |  |
| Net Profit YoY | 0.00% |  |
| P/B Ratio | 3.91 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 9968268051.69 |  |
| Revenue | 1192540513.13 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -25.12% | E |
| Profit Margin | -61.48% | E |
| Gross Margin | 28.23% | C |
| Revenue YoY | 13.80% | B |
| Net Profit YoY | -1541.18% | E |
| Total Assets YoY | -10.89% | E |
| Net Assets YoY | -22.51% | E |
| Cash Flow Margin | -10.63% | D |
| OCF YoY | 13.80% | B |
| Turnover | 0.29 | D |
| Gearing Ratio | 33.39% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Guangdong Shenglu Telecommunication Tech. Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "0.00%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "0.00%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.91",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "9968268051.69",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1192540513.13",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-25.12%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-61.48%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "28.23%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "13.80%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-1541.18%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-10.89%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "-22.51%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-10.63%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "13.80%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.29",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "33.39%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 138.18 | 35/97 | 143.05 | 138.18 | 131.60 |
| PB | 3.78 | 28/97 | 3.84 | 3.20 | 2.72 |
| PS (TTM) | 8.03 | 57/97 | 8.20 | 6.99 | 6.24 |
| Dividend Yield | 0.00% | - | - | - | - |

## 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 2025-02-18T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 10.58 |
| Highest Target | undefined |
| Lowest Target | undefined |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002446.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002446.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002446.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002446.SZ/filings.md)

---

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