---
title: "NARI Technology Co., Ltd. (600406.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600406.SH.md"
symbol: "600406.SH"
name: "NARI Technology Co., Ltd."
industry: "Heavy Electrical Equipment"
datetime: "2026-05-20T09:38:58.363Z"
locales:
  - [en](https://longbridge.com/en/quote/600406.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600406.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600406.SH.md)
---

# NARI Technology Co., Ltd. (600406.SH)

## Company Overview

NARI Technology Co., Ltd., together with its subsidiaries, provides power intelligence solutions in China and internationally. It offers intelligent control; smart power generation, and transmission; smart substation; intelligent power distribution; smart electricity consumption; information and communications; comprehensive energy; intelligent operation and maintenance; industrial control; municipal environmental protection;  industrial automation; rail transit; and water conservancy and water affairs solutions. The company was founded in 2001 and is headquartered in Nanjing, China. NARI Technology Co., Ltd.

| Item | Detail |
|------|--------|
| Industry | Heavy Electrical Equipment |
| Exchange | CN Market |
| Website | [www.naritech.cn](https://www.naritech.cn) |

## 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 (0.33)**

**Industry**: Heavy Electrical Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 1 / 58 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 13.44% |  |
| Net Profit YoY | 8.13% |  |
| P/B Ratio | 4.05 |  |
| Dividend Ratio | 2.15% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 217001760425.42 |  |
| Revenue | 67017086917.29 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 16.07% | A |
| Profit Margin | 12.44% | B |
| Gross Margin | 25.10% | C |
| Revenue YoY | 13.44% | B |
| Net Profit YoY | 8.13% | C |
| Total Assets YoY | 6.63% | B |
| Net Assets YoY | 6.85% | B |
| Cash Flow Margin | 138.71% | B |
| OCF YoY | 13.44% | B |
| Turnover | 0.72 | B |
| Gearing Ratio | 40.19% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - NARI Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "13.44%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "8.13%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.05",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.15%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "217001760425.42",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "67017086917.29",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "16.07%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "12.44%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "25.10%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "13.44%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "8.13%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.63%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "6.85%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "138.71%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "13.44%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.72",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "40.19%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 26.04 | 5/58 | 26.14 | 23.61 | 22.85 |
| PB | 4.05 | 35/58 | 4.24 | 3.78 | 3.57 |
| PS (TTM) | 3.24 | 26/58 | 3.29 | 3.06 | 2.93 |
| Dividend Yield | 2.15% | 5/58 | 2.61% | 2.51% | 2.19% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | NARI-TECH (600406.SH) | B | B | B | C | B | B |
| 02 | DHI (002487.SZ) | B | A | C | B | B | B |
| 03 | HyperStrong (688411.SH) | B | A | B | D | B | B |
| 04 | HAILI WIND POWER (301155.SZ) | C | A | C | B | B | B |
| 05 | COOLTECH POWER (300153.SZ) | C | A | B | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-17T16:00:00.000Z

Total Analysts: **17**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 10 | 59% |
| Overweight | 3 | 18% |
| Hold | 3 | 18% |
| Sell | 1 | 6% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 26.53 |
| Highest Target | 42.00 |
| Lowest Target | 18.50 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600406.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600406.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600406.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600406.SH/filings.md)

---

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