---
title: "TBEA Co., Ltd. (600089.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600089.SH.md"
symbol: "600089.SH"
name: "TBEA Co., Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T03:07:05.907Z"
locales:
  - [en](https://longbridge.com/en/quote/600089.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600089.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600089.SH.md)
---

# TBEA Co., Ltd. (600089.SH)

## Company Overview

TBEA Co., Ltd., together with its subsidiaries, provides power transmission, renewable energy, new materials, and energy solutions in China and internationally. The company produces and sells transformers, switches, electric wires and cables, cable accessories, smart distribution grids, and charging facilities. It also provides power control systems, photovoltaic products, polycrystalline silicon, flexible equipment for power transmission and distribution, white carbon black, silicon chips, and inverters. In addition, the company offers alloy materials, including alloy rods, aluminum alloy rod products, aluminum alloy ingots, remelting aluminum ingots, alloy oil immersed transformers, and slab ingot products; electronic aluminum foils; etched and formed electrode foils; heat-insulated aluminum profiles for windows and doors, curtain wall aluminum profiles, and industry profiles; aluminum substrate plate strips; target rods, wires, and ingots; and high-purity aluminum materials.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.tbea.com](https://www.tbea.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 (0.49)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 98 / 261 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 1.21% |  |
| Net Profit YoY | 67.23% |  |
| P/B Ratio | 1.88 |  |
| Dividend Ratio | 0.93% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 135083612753.44 |  |
| Revenue | 98720922000.38 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 8.27% | B |
| Profit Margin | 6.24% | B |
| Gross Margin | 21.12% | D |
| Revenue YoY | 1.21% | C |
| Net Profit YoY | 67.23% | B |
| Total Assets YoY | 13.01% | B |
| Net Assets YoY | 13.55% | B |
| Cash Flow Margin | 145.74% | B |
| OCF YoY | 1.21% | C |
| Turnover | 0.43 | C |
| Gearing Ratio | 56.58% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - TBEA Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "1.21%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "67.23%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.88",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.93%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "135083612753.44",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "98720922000.38",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "8.27%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "6.24%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "21.12%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "1.21%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "67.23%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "13.01%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "13.55%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "145.74%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "1.21%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.43",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "56.58%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 22.30 | 12/261 | 26.00 | 21.57 | 17.48 |
| PB | 1.91 | 18/261 | 2.03 | 1.61 | 1.04 |
| PS (TTM) | 1.39 | 31/261 | 1.43 | 1.12 | 0.70 |
| Dividend Yield | 0.91% | 68/261 | 1.70% | 1.13% | 0.89% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-11T16:00:00.000Z

Total Analysts: **5**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 80% |
| Hold | 1 | 20% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 26.70 |
| Highest Target | 36.00 |
| Lowest Target | 22.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600089.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600089.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600089.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600089.SH/filings.md)

---

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