---
title: "Hexing Electrical Co., Ltd (603556.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603556.SH.md"
symbol: "603556.SH"
name: "Hexing Electrical Co., Ltd"
industry: "Electronic Equipment and Instruments"
datetime: "2026-05-20T16:46:27.722Z"
locales:
  - [en](https://longbridge.com/en/quote/603556.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603556.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603556.SH.md)
---

# Hexing Electrical Co., Ltd (603556.SH)

## Company Overview

Hexing Electrical Co.,Ltd. provides electrical equipment and related solutions to power utilities in China and internationally. The company offers cluster metering cabinet; string inverters; IEC and ANSI meters; communication modules; fault circuit indicators and DCU products; recloser and pole switches; ring main units; RMU enclosures; and cable junction boxes. It also provides various solutions, such as advance metering infrastructure; ATC&C/boundary metering; CIS/billing; commercial and industrial metering solutions; integrated distribution management system; transformer monitoring system; vending system; SCADA system; substation automation system; and prefabricated substation.

| Item | Detail |
|------|--------|
| Industry | Electronic Equipment and Instruments |
| Exchange | CN Market |
| Website | [www.hxgroup.com](https://www.hxgroup.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: 2026-05-20T04:30:09.000Z

**Overall: B (0.37)**

**Industry**: Electronic Equipment and Instruments

| Metric | Value |
|--------|-------|
| Industry Ranking | 26 / 201 |
| 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 11.10% |  |
| Net Profit YoY | -26.92% |  |
| P/B Ratio | 1.90 |  |
| Dividend Ratio | 2.38% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 14224169450.20 |  |
| Revenue | 5119626876.87 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 9.23% | B |
| Profit Margin | 13.29% | B |
| Gross Margin | 32.87% | C |
| Revenue YoY | 11.10% | B |
| Net Profit YoY | -26.92% | D |
| Total Assets YoY | 4.41% | C |
| Net Assets YoY | 2.75% | C |
| Cash Flow Margin | 66.81% | C |
| OCF YoY | 11.10% | B |
| Turnover | 0.52 | C |
| Gearing Ratio | 24.90% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hexing Electrical Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "11.10%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-26.92%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.90",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.38%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "14224169450.20",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "5119626876.87",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "9.23%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "13.29%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "32.87%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "11.10%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-26.92%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.41%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.75%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "66.81%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "11.10%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.52",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "24.90%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 20.63 | 12/201 | 19.62 | 17.42 | 14.43 |
| PB | 1.88 | 25/201 | 2.41 | 2.03 | 1.83 |
| PS (TTM) | 2.74 | 30/201 | 3.81 | 3.24 | 2.84 |
| Dividend Yield | 2.41% | 14/201 | 2.57% | 2.28% | 1.89% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | FII (601138.SH) | B | A | A | D | B | B |
| 02 | HIKVISION (002415.SZ) | A | C | B | B | C | B |
| 03 | HGTECH (000988.SZ) | B | B | B | C | C | B |
| 04 | Raytron (688002.SH) | A | A | B | B | A | B |
| 05 | GUIDE INFRARED (002414.SZ) | A | A | C | B | A | B |

## Institutional View

### Analyst Rating Distribution

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

Total Analysts: **4**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 3 | 75% |
| Hold | 1 | 25% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 28.81 |
| Highest Target | 36.00 |
| Lowest Target | 36.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603556.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603556.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603556.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603556.SH/filings.md)

---

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