---
title: "Hangcha Group Co.,Ltd. (603298.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603298.SH.md"
symbol: "603298.SH"
name: "Hangcha Group Co.,Ltd."
industry: "Construction Machinery and Heavy Transportation Equipment"
datetime: "2026-05-20T08:15:17.860Z"
locales:
  - [en](https://longbridge.com/en/quote/603298.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603298.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603298.SH.md)
---

# Hangcha Group Co.,Ltd. (603298.SH)

## Company Overview

Hangcha Group Co., Ltd manufactures and sells forklift products in China and internationally. The company offers lithium e-trucks, e-trucks, IC - trucks, pallet trucks, and reach trucks; and pallet stackers, order pickers, tow tractors, very narrow aisle trucks, rough terrain trucks, aerial platforms, explosion proof forklifts, and AGVs. It also provides spare parts; bulk supply of forklift forks, seat, and tyre; industrial vehicle product accessories, sells parts and kits, vehicle repair, vehicle modification, industrial vehicle leasing, leasing of intelligent handling robots. The company serves retail/wholesale, food/pharma, transport/logistics, manufacturing, automotive, ports/terminals, chemical/energy, forestry/wood, and other industries.

| Item | Detail |
|------|--------|
| Industry | Construction Machinery and Heavy Transportation Equipment |
| Exchange | CN Market |
| Website | [www.zjhc.cn](https://www.zjhc.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: 2026-05-20T04:30:11.000Z

**Overall: B (0.34)**

**Industry**: Construction Machinery and Heavy Transportation Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 5 / 90 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **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 | 6.85% |  |
| Net Profit YoY | 7.98% |  |
| P/B Ratio | 2.98 |  |
| Dividend Ratio | 2.55% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 35978928674.62 |  |
| Revenue | 18232015435.48 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 19.72% | A |
| Profit Margin | 12.26% | B |
| Gross Margin | 22.50% | D |
| Revenue YoY | 6.85% | C |
| Net Profit YoY | 7.98% | C |
| Total Assets YoY | 19.55% | A |
| Net Assets YoY | 13.20% | B |
| Cash Flow Margin | 76.08% | C |
| OCF YoY | 6.85% | C |
| Turnover | 0.95 | A |
| Gearing Ratio | 38.44% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hangcha Group Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "6.85%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "7.98%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.98",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.55%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "35978928674.62",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "18232015435.48",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "19.72%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "12.26%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "22.50%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "6.85%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "7.98%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "19.55%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "13.20%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "76.08%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "6.85%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.95",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "38.44%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 16.10 | 13/90 | 16.54 | 15.66 | 13.77 |
| PB | 2.98 | 62/90 | 3.22 | 2.98 | 2.70 |
| PS (TTM) | 1.97 | 38/90 | 2.07 | 1.94 | 1.70 |
| Dividend Yield | 2.55% | 18/90 | 2.63% | 2.41% | 1.95% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | CSSC Holdings (600150.SH) | B | B | C | D | B | B |
| 02 | Sany (600031.SH) | B | B | C | C | B | B |
| 03 | Times Electric (688187.SH) | B | B | C | B | C | B |
| 04 | YTCO (600066.SH) | B | B | A | C | C | B |
| 05 | HANGCHA GROUP (603298.SH) | B | B | A | B | C | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-18T16:00:00.000Z

Total Analysts: **10**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 7 | 70% |
| Overweight | 3 | 30% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 27.33 |
| Highest Target | 36.00 |
| Lowest Target | 30.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603298.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603298.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603298.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603298.SH/filings.md)

---

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