---
title: "Quectel Wireless Solutions Co., Ltd (603236.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603236.SH.md"
symbol: "603236.SH"
name: "Quectel Wireless Solutions Co., Ltd"
industry: "Electronic Components"
datetime: "2026-05-20T10:04:36.577Z"
locales:
  - [en](https://longbridge.com/en/quote/603236.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603236.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603236.SH.md)
---

# Quectel Wireless Solutions Co., Ltd (603236.SH)

## Company Overview

Quectel Wireless Solutions Co., Ltd. engages in the research and development, design, production, and sale of wireless communication modules and solutions worldwide. The company offers a range of Internet of Things products and services, including 5G,4G,3G,2G, and LPWA cellular modules; LTE modules; vehicle-mounted front-end modules; 5G and 4G edge computing modules; Wi-Fi and BT communication modules; GNSS positioning modules; satellite communication modules; antennas; and other hardware products, as well as software platform services. It also provides certification and testing, industrial intelligence, agriculture, and other services and solutions.

| Item | Detail |
|------|--------|
| Industry | Electronic Components |
| Exchange | CN Market |
| Website | [www.quectel.com](https://www.quectel.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 (0.36)**

**Industry**: Electronic Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 40 / 186 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 30.17% |  |
| Net Profit YoY | 2.84% |  |
| P/B Ratio | 3.12 |  |
| Dividend Ratio | 1.16% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 21896188157.46 |  |
| Revenue | 25900299261.41 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 13.64% | B |
| Profit Margin | 2.96% | C |
| Gross Margin | 17.09% | D |
| Revenue YoY | 30.17% | A |
| Net Profit YoY | 2.84% | C |
| Total Assets YoY | 38.38% | A |
| Net Assets YoY | 64.80% | A |
| Cash Flow Margin | -59.57% | E |
| OCF YoY | 30.17% | A |
| Turnover | 1.58 | A |
| Gearing Ratio | 63.25% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Quectel Wireless Solutions Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "30.17%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "2.84%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.12",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.16%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "21896188157.46",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "25900299261.41",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "13.64%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "2.96%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "17.09%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "30.17%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "2.84%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "38.38%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "64.80%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-59.57%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "30.17%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "1.58",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "63.25%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 28.52 | 10/186 | 29.86 | 27.43 | 24.39 |
| PB | 3.12 | 48/186 | 5.50 | 4.94 | 3.48 |
| PS (TTM) | 0.85 | 7/186 | 1.17 | 1.06 | 0.97 |
| Dividend Yield | 1.16% | 22/186 | 1.15% | 1.03% | 0.83% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Eoptolink (300502.SZ) | A | A | A | B | B | A |
| 02 | LUXSHARE-ICT (002475.SZ) | B | A | A | D | B | B |
| 03 | DSBJ (002384.SZ) | C | B | B | D | B | B |
| 04 | VGT (300476.SZ) | A | A | B | C | B | B |
| 05 | Sytech (600183.SH) | B | A | A | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-28T16:00:00.000Z

Total Analysts: **4**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 2 | 50% |
| Overweight | 1 | 25% |
| Hold | 1 | 25% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 74.00 |
| Highest Target | 121.76 |
| Lowest Target | 95.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603236.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603236.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603236.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603236.SH/filings.md)

---

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