---
title: "Hangzhou Changchuan Technology Co., Ltd. (300604.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300604.SZ.md"
symbol: "300604.SZ"
name: "Hangzhou Changchuan Technology Co., Ltd."
industry: "Semiconductor Materials and Equipment"
datetime: "2026-05-20T07:45:38.248Z"
locales:
  - [en](https://longbridge.com/en/quote/300604.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300604.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300604.SZ.md)
---

# Hangzhou Changchuan Technology Co., Ltd. (300604.SZ)

## Company Overview

Hangzhou Changchuan Technology Co.,Ltd, together with its subsidiaries, researches and develops, produces, and sells integrated circuit equipment in China and internationally. It offers testing equipment for integrated circuit packaging and testing companies, wafer manufacturing companies, and chip design companies. The company also provides handlers comprising tri-temp pick and place, ambient/high-temp pick and place, SLT tri-temp pick and place, SLT ambient/high-temp pick and place, gravity, and turret handlers; testers consisting of mixed signal, power, digital, and burn-in testers; probers, including ambient/high-temp and tri-temp probers; and AOI equipment, such as defect inspection and metrology equipment, and bare die test handlers. In addition, it offers solution consultation; after-sale services and support, including spare parts services, technical support, and software/hardware upgrades; application engineering development services, such as engineering and test interface hardware development; training; and online report services for maintenance.

| Item | Detail |
|------|--------|
| Industry | Semiconductor Materials and Equipment |
| Exchange | CN Market |
| Website | [www.hzcctech.com](https://www.hzcctech.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 (0.29)**

**Industry**: Semiconductor Materials and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 4 / 63 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth 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 | 50.22% |  |
| Net Profit YoY | 178.22% |  |
| P/B Ratio | 27.91 |  |
| Dividend Ratio | 0.04% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 142394318319.56 |  |
| Revenue | 5865175700.10 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 36.76% | A |
| Profit Margin | 26.87% | A |
| Gross Margin | 56.81% | B |
| Revenue YoY | 50.22% | A |
| Net Profit YoY | 178.22% | A |
| Total Assets YoY | 45.42% | A |
| Net Assets YoY | 48.79% | A |
| Cash Flow Margin | 14.75% | D |
| OCF YoY | 50.22% | A |
| Turnover | 0.61 | B |
| Gearing Ratio | 49.42% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hangzhou Changchuan Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "50.22%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "178.22%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "27.91",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.04%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "142394318319.56",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "5865175700.10",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "36.76%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "26.87%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "56.81%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "50.22%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "178.22%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "45.42%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "48.79%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "14.75%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "50.22%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.61",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "49.42%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 90.37 | 16/63 | 85.67 | 63.73 | 48.31 |
| PB | 27.91 | 65/63 | 18.93 | 13.72 | 8.07 |
| PS (TTM) | 24.28 | 47/63 | 16.95 | 12.20 | 7.15 |
| Dividend Yield | 0.04% | 41/63 | 0.22% | 0.11% | 0.08% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | NAURA (002371.SZ) | B | B | C | C | B | B |
| 02 | AMEC (688012.SH) | B | A | C | A | B | B |
| 03 | Piotech (688072.SH) | A | A | C | D | A | B |
| 04 | CCTech (300604.SZ) | A | A | B | C | B | B |
| 05 | HWATSING (688120.SH) | B | B | C | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-12T16:00:00.000Z

Total Analysts: **2**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 241.56 |
| Highest Target | 150.00 |
| Lowest Target | 150.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/300604.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/300604.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/300604.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/300604.SZ/filings.md)

---

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