---
title: "Ningxia Baofeng Energy Group Co.,Ltd. (600989.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600989.SH.md"
symbol: "600989.SH"
name: "Ningxia Baofeng Energy Group Co.,Ltd."
industry: "Diversified Chemicals"
datetime: "2026-05-19T19:18:54.435Z"
locales:
  - [en](https://longbridge.com/en/quote/600989.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600989.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600989.SH.md)
---

# Ningxia Baofeng Energy Group Co.,Ltd. (600989.SH)

## Company Overview

Ningxia Baofeng Energy Group Co., Ltd., together with its subsidiaries, produces and sells chemical products in China and internationally. It operates through Olefin Products, Coking Products, Fine Chemical Products, and Headquarters and Other Product segments. The company offers polypropylene, coking benzene, methyl tert-butyl ether, polyethylene, refined methanol, industrial sulfur, fertilizer-grade ammonium sulfate, mixed naphthalene, and coal tar pitch. It is also involved in the production and operation of olefin products; coal mining, washing, and processing; coking production and other related processes; production and operation of crude benzene; deep processing of C4; and investment and financing activities.

| Item | Detail |
|------|--------|
| Industry | Diversified Chemicals |
| Exchange | CN Market |
| Website | [www.baofengenergy.com](https://www.baofengenergy.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: 2026-05-19T04:30:08.000Z

**Overall: B (0.29)**

**Industry**: Diversified Chemicals

| Metric | Value |
|--------|-------|
| Industry Ranking | 1 / 3 |
| Industry Median | C |
| Industry Average | B |

- **Style**: Growth - Stocks whose main business is in the growth stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 42.16% |  |
| Net Profit YoY | 70.94% |  |
| P/B Ratio | 4.11 |  |
| Dividend Ratio | 2.38% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 214149423186.05 |  |
| Revenue | 50455402665.84 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 25.74% | A |
| Profit Margin | 24.90% | A |
| Gross Margin | 37.40% | B |
| Revenue YoY | 42.16% | A |
| Net Profit YoY | 70.94% | A |
| Total Assets YoY | 2.61% | C |
| Net Assets YoY | 14.62% | B |
| Cash Flow Margin | 151.25% | B |
| OCF YoY | 42.16% | A |
| Turnover | 0.54 | C |
| Gearing Ratio | 44.86% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ningxia Baofeng Energy Group Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "42.16%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "70.94%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.11",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.38%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "214149423186.05",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "50455402665.84",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "25.74%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "24.90%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "37.40%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "42.16%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "70.94%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.61%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "14.62%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "151.25%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "42.16%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.54",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "44.86%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 16.38 | 1/3 | 16.63 | 15.55 | 13.49 |
| PB | 3.95 | 3/3 | 3.98 | 2.92 | 2.64 |
| PS (TTM) | 4.08 | 3/3 | 4.11 | 3.34 | 3.17 |
| Dividend Yield | 2.47% | 2/3 | 4.12% | 3.60% | 2.52% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | BAOFENG ENERGY (600989.SH) | A | A | C | C | B | B |
| 02 | XACIG (600596.SH) | D | C | B | B | B | C |
| 03 | JHSY (002597.SZ) | C | D | C | B | C | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-29T16:00:00.000Z

Total Analysts: **8**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 7 | 88% |
| Hold | 1 | 13% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 28.09 |
| Highest Target | 38.67 |
| Lowest Target | 32.50 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600989.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600989.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600989.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600989.SH/filings.md)

---

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