---
title: "Hengerda New Materials (Fujian) Co., Ltd. (300946.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300946.SZ.md"
symbol: "300946.SZ"
name: "Hengerda New Materials (Fujian) Co., Ltd."
industry: "Industrial Machinery and Supplies and Components"
datetime: "2026-05-20T05:30:15.200Z"
locales:
  - [en](https://longbridge.com/en/quote/300946.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300946.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300946.SZ.md)
---

# Hengerda New Materials (Fujian) Co., Ltd. (300946.SZ)

## Company Overview

Hengerda New Materials (Fujian) Co., Ltd. engages in the research and development, production, and sale of industrial machine tools, metal cutting tools, and core machine elements of the equipment in China and internationally. It offers die cutting tools, including rule die steel and steel rules; sawing tools comprising bi-metal, carbide, wood working band saw blades, and cermet circular saw blade; and intelligent equipment, such as high-speed band saw, circular saw, profile grinding machine, and machining centers, as well as linear guideways series products. The company was formerly known as Hengda New Materials (Fujian) Co.,Ltd and changed its name to Hengerda New Materials (Fujian) Co., Ltd.

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Exchange | CN Market |
| Website | [www.hengerda.com](https://www.hengerda.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: 2026-05-20T04:30:11.000Z

**Overall: B (0.40)**

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

| Metric | Value |
|--------|-------|
| Industry Ranking | 62 / 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 | 14.53% |  |
| Net Profit YoY | -60.41% |  |
| P/B Ratio | 7.11 |  |
| Dividend Ratio | 0.43% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 8505045587.05 |  |
| Revenue | 674922463.78 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 2.61% | C |
| Profit Margin | 4.63% | C |
| Gross Margin | 28.78% | C |
| Revenue YoY | 14.53% | B |
| Net Profit YoY | -60.41% | D |
| Total Assets YoY | 12.78% | B |
| Net Assets YoY | -0.25% | D |
| Cash Flow Margin | 401.95% | A |
| OCF YoY | 14.53% | B |
| Turnover | 0.41 | C |
| Gearing Ratio | 31.46% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hengerda New Materials (Fujian) Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "14.53%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-60.41%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "7.11",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.43%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "8505045587.05",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "674922463.78",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "2.61%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.63%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "28.78%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "14.53%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-60.41%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "12.78%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-0.25%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "401.95%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "14.53%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.41",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "31.46%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 272.16 | 271/388 | 157.05 | 139.06 | 111.19 |
| PB | 7.11 | 313/388 | 7.24 | 6.66 | 6.19 |
| PS (TTM) | 12.60 | 344/388 | 14.23 | 13.02 | 12.04 |
| Dividend Yield | 0.43% | 191/388 | 0.48% | 0.43% | 0.21% |

## 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 |

## Institutional View

### Analyst Rating Distribution

> As of 2025-06-05T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 53.16 |
| Highest Target | 31.00 |
| Lowest Target | 31.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/300946.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/300946.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/300946.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/300946.SZ/filings.md)

---

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