---
title: "Beijing Jingneng Thermal Co., Ltd. (002893.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002893.SZ.md"
symbol: "002893.SZ"
name: "Beijing Jingneng Thermal Co., Ltd."
industry: "Industrial Machinery and Supplies and Components"
datetime: "2026-05-20T22:33:45.758Z"
locales:
  - [en](https://longbridge.com/en/quote/002893.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002893.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002893.SZ.md)
---

# Beijing Jingneng Thermal Co., Ltd. (002893.SZ)

## Company Overview

Beijing Jingneng Thermal Co., Ltd. engages in the heating business in China. It is involved in the transformation of heating facilities and pipelines, the improvement of smoke exhaust and dust removal systems, pollutant emissions meeting standards, etc. The company was formerly known as Beijing Huayuanyitong Thermal Technology Co., Ltd.

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Exchange | CN Market |
| Website | [www.bjjnrl.com](https://www.bjjnrl.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: 2026-05-20T04:30:09.000Z

**Overall: B (0.39)**

**Industry**: Industrial Machinery and Supplies and Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 104 / 388 |
| 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 | 25.03% |  |
| Net Profit YoY | -14.73% |  |
| P/B Ratio | 2.33 |  |
| Dividend Ratio | 0.82% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3282874098.37 |  |
| Revenue | 1382291414.84 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.68% | C |
| Profit Margin | 4.71% | C |
| Gross Margin | 37.43% | B |
| Revenue YoY | 25.03% | A |
| Net Profit YoY | -14.73% | D |
| Total Assets YoY | 2.35% | C |
| Net Assets YoY | 5.88% | C |
| Cash Flow Margin | 113.15% | C |
| OCF YoY | 25.03% | A |
| Turnover | 0.50 | C |
| Gearing Ratio | 42.31% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Beijing Jingneng Thermal Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "25.03%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-14.73%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.33",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.82%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3282874098.37",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1382291414.84",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.68%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.71%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "37.43%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "25.03%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "-14.73%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.35%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.88%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "113.15%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "25.03%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.50",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "42.31%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 48.44 | 114/388 | 40.68 | 38.29 | 36.74 |
| PB | 2.24 | 71/388 | 2.58 | 2.34 | 2.10 |
| PS (TTM) | 2.28 | 77/388 | 2.65 | 2.52 | 2.44 |
| Dividend Yield | 0.85% | 121/388 | 0.92% | 0.89% | 0.82% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Sanhua (002050.SZ) | B | B | B | B | B | B |
| 02 | Inovance (300124.SZ) | B | B | B | C | B | B |
| 03 | JSHL (601100.SH) | B | B | C | A | B | B |
| 04 | Han's Laser (002008.SZ) | B | A | C | C | B | B |
| 05 | Han's CNC (301200.SZ) | B | A | C | B | C | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002893.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002893.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002893.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002893.SZ/filings.md)

---

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