---
title: "Sanhe Tongfei Refrigeration Co.,Ltd. (300990.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300990.SZ.md"
symbol: "300990.SZ"
name: "Sanhe Tongfei Refrigeration Co.,Ltd."
industry: "Industrial Machinery and Supplies and Components"
datetime: "2026-05-20T06:34:06.665Z"
locales:
  - [en](https://longbridge.com/en/quote/300990.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300990.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300990.SZ.md)
---

# Sanhe Tongfei Refrigeration Co.,Ltd. (300990.SZ)

## Company Overview

Sanhe Tongfei Refrigeration Co., Ltd. research, develops, produce, and sells of industrial temperature control equipment in China. The company offers smart equipment manufacturing, including MCO/MCOI chiller, MCW/MCWI water chiller, MCS immersion chiller, MWA air/water heat exchanger, MEO oil/air heat exchanger, MCA temperature and humidity conditioner, MEA heat exchanger for electrical cabinet, and HE/HS electrophoretic special heat exchanger; renewable energy storage, such as LCI inverter liquid cooling unit, ECA wall mounted industrial air conditioner, ECA cabinet-in mounted industrial air conditioner, LCI PCS-specific cooling equipment, LCI high voltage cascaded/central cooling, and ECH industrial dehumidifier; and power transmission and distribution electric comprising HWA air/water heat exchanger, and LWA/LWW pure water cooling unit. It also provides intelligent computing center, including DWW cabinet CDU, DWW in rack CDU, DMF manifold, DTK TANK, DHWA dry cooler, DCW integrated chiller, DWA mini fan wall, DWA chilled water rear door heat exchanger, DCA external cabinet backpack aircon, DCA built-in integrated precision aircon, DCA DX rack aircon, DCA DX small precision aircon, DCA DX computer room precision aircon, DCA DX in row precision aircon, DCA DX small precision aircon, DCA DX computer room precision aircon, DCA DX in row precision aircon, single rack/single-row modular data center, single rack/single-double-row modular date center, and DMDC container.

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Exchange | CN Market |
| Website | [www.tfzl.com](https://www.tfzl.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 (0.23)**

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

| Metric | Value |
|--------|-------|
| Industry Ranking | 38 / 388 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 21.68% |  |
| Net Profit YoY | 19.30% |  |
| P/B Ratio | 7.34 |  |
| Dividend Ratio | 0.87% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 15760498515.69 |  |
| Revenue | 2997834490.05 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 12.34% | B |
| Profit Margin | 8.38% | B |
| Gross Margin | 22.79% | D |
| Revenue YoY | 21.68% | B |
| Net Profit YoY | 19.30% | B |
| Total Assets YoY | 14.87% | B |
| Net Assets YoY | 11.39% | B |
| Cash Flow Margin | 160.33% | B |
| OCF YoY | 21.68% | B |
| Turnover | 1.17 | A |
| Gearing Ratio | 21.69% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Sanhe Tongfei Refrigeration Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "21.68%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "19.30%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "7.34",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.87%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "15760498515.69",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2997834490.05",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "12.34%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "8.38%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "22.79%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "21.68%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "19.30%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "14.87%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "11.39%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "160.33%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "21.68%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "1.17",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "21.69%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 62.74 | 150/388 | 57.62 | 52.57 | 43.52 |
| PB | 7.34 | 321/388 | 7.34 | 6.49 | 5.14 |
| PS (TTM) | 5.26 | 207/388 | 5.28 | 4.77 | 3.88 |
| Dividend Yield | 0.86% | 118/388 | 0.90% | 0.66% | 0.58% |

## 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 2026-04-24T16:00:00.000Z

Total Analysts: **2**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 104.03 |
| Highest Target | 116.91 |
| Lowest Target | 84.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/300990.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/300990.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/300990.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/300990.SZ/filings.md)

---

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