---
title: "Asian Star Anchor Chain Co., Ltd. Jiangsu (601890.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/601890.SH.md"
symbol: "601890.SH"
name: "Asian Star Anchor Chain Co., Ltd. Jiangsu"
industry: "Industrial Machinery and Supplies and Components"
datetime: "2026-05-20T12:26:01.844Z"
locales:
  - [en](https://longbridge.com/en/quote/601890.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601890.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601890.SH.md)
---

# Asian Star Anchor Chain Co., Ltd. Jiangsu (601890.SH)

## Company Overview

Asian Star Anchor Chain Co., Ltd. Jiangsu, together with its subsidiaries, engages in the manufacture and sale of anchor chains, marine mooring chains, and related accessories worldwide. It offers marine anchor chains and offshore mooring chains, including stud and studless links; mining chains; forgings, such as shackles, adaptors, swivels, and oblong plates; and castings. Its products are used for renewable energy, offshore oil and gas exploration, marine ranching, and shipping.

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Exchange | CN Market |
| Website | [www.asac.cn](https://www.asac.cn) |

## 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: 2026-05-20T04:30:09.000Z

**Overall: C (0.51)**

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

| Metric | Value |
|--------|-------|
| Industry Ranking | 165 / 388 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -3.27% |  |
| Net Profit YoY | 31.10% |  |
| P/B Ratio | 2.48 |  |
| Dividend Ratio | 1.39% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 9659120225.20 |  |
| Revenue | 2061476391.92 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 9.23% | B |
| Profit Margin | 16.98% | A |
| Gross Margin | 25.34% | C |
| Revenue YoY | -3.27% | D |
| Net Profit YoY | 31.10% | B |
| Total Assets YoY | 12.30% | B |
| Net Assets YoY | 5.89% | C |
| Cash Flow Margin | -49.66% | E |
| OCF YoY | -3.27% | D |
| Turnover | 0.36 | C |
| Gearing Ratio | 32.65% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Asian Star Anchor Chain Co., Ltd. Jiangsu",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-3.27%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "31.10%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.48",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.39%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "9659120225.20",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2061476391.92",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "9.23%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "16.98%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "25.34%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-3.27%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "31.10%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "12.30%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.89%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-49.66%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-3.27%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.36",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "32.65%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 27.60 | 60/388 | 37.52 | 34.98 | 32.36 |
| PB | 2.48 | 92/388 | 2.84 | 2.67 | 2.56 |
| PS (TTM) | 4.69 | 190/388 | 5.08 | 4.79 | 4.56 |
| Dividend Yield | 1.39% | 67/388 | 1.38% | 1.28% | 1.03% |

## 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 2026-01-04T16:00:00.000Z

Total Analysts: **3**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 3 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 9.95 |
| Highest Target | 13.00 |
| Lowest Target | 12.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/601890.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/601890.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/601890.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/601890.SH/filings.md)

---

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