---
title: "Changgao Electric Group Co.,Ltd (002452.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002452.SZ.md"
symbol: "002452.SZ"
name: "Changgao Electric Group Co.,Ltd"
industry: "Heavy Electrical Equipment"
datetime: "2026-05-19T19:17:37.192Z"
locales:
  - [en](https://longbridge.com/en/quote/002452.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002452.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002452.SZ.md)
---

# Changgao Electric Group Co.,Ltd (002452.SZ)

## Company Overview

Changgao Electric Group Co., Ltd. engages in the research, development, manufacture, and sale of power transmission equipment in the People's Republic of China. The company offers gas insulated metal enclosed switchgear; outdoor pole type vacuum and outdoor high voltage AC circuit breaker; disconnectors; low/medium voltage switchgear, including series relay, cable type data collection unit, cable fault indicator, overhead type data collection unit, intelligent shield movable AC mental-enclosed switchgear, overhead type fault indicator, low voltage withdrawable switchgear, fully insulated and enclosed compact switchgear, and combined substation. It also provides engineering services comprising operation and maintenance, construction, design, financial support, and consulting services, as well as supplies equipment.

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

## 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 (0.48)**

**Industry**: Heavy Electrical Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 33 / 58 |
| 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 | -12.12% |  |
| Net Profit YoY | 42.99% |  |
| P/B Ratio | 2.59 |  |
| Dividend Ratio | 0.95% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 7164191181.48 |  |
| Revenue | 1620221578.88 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 13.92% | B |
| Profit Margin | 22.56% | A |
| Gross Margin | 38.29% | B |
| Revenue YoY | -12.12% | E |
| Net Profit YoY | 42.99% | B |
| Total Assets YoY | 26.73% | A |
| Net Assets YoY | 14.52% | B |
| Cash Flow Margin | 86.47% | C |
| OCF YoY | -12.12% | E |
| Turnover | 0.40 | C |
| Gearing Ratio | 38.10% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Changgao Electric Group Co.,Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-12.12%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "42.99%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.59",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.95%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "7164191181.48",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1620221578.88",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "13.92%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "22.56%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "38.29%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "-12.12%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "42.99%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "26.73%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "14.52%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "86.47%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-12.12%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.40",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "38.10%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 20.18 | 1/58 | 23.07 | 19.44 | 17.81 |
| PB | 2.66 | 20/58 | 2.46 | 1.94 | 1.85 |
| PS (TTM) | 4.55 | 41/58 | 3.56 | 2.75 | 2.49 |
| Dividend Yield | 0.92% | 16/58 | 1.12% | 1.06% | 1.00% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | NARI-TECH (600406.SH) | B | B | B | C | B | B |
| 02 | DHI (002487.SZ) | B | A | C | B | B | B |
| 03 | HyperStrong (688411.SH) | B | A | B | D | B | B |
| 04 | HAILI WIND POWER (301155.SZ) | C | A | C | B | B | B |
| 05 | COOLTECH POWER (300153.SZ) | C | A | B | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2025-05-12T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 11.90 |
| Highest Target | 10.00 |
| Lowest Target | 10.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002452.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002452.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002452.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002452.SZ/filings.md)

---

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