---
title: "Qijing Machinery Co., Ltd (603677.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603677.SH.md"
symbol: "603677.SH"
name: "Qijing Machinery Co., Ltd"
industry: "Electronic Components"
datetime: "2026-05-20T20:45:36.277Z"
locales:
  - [en](https://longbridge.com/en/quote/603677.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603677.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603677.SH.md)
---

# Qijing Machinery Co., Ltd (603677.SH)

## Company Overview

Qijing Machinery Co., Ltd. researches and develops, produces, and sells electric tool parts in China. It offers home appliance parts, such as washing machine clutch parts, washing machine injection molding parts, drum washing machine spare parts, and dishwasher parts; auto parts including engine parts, gearbox parts, engineering machinery parts, etc., mainly used in automobile car engines, automotive parts, gearboxes, transmissions, and engineering hydraulic systems; and power tool parts comprising shafts, cylinder sleeves, tool handles, and other parts used to assemble professional-grade electric tools. The company was founded in 1996 and is headquartered in Ningbo, China.

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

## 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: 2026-05-20T04:30:11.000Z

**Overall: C (0.48)**

**Industry**: Electronic Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 155 / 185 |
| Industry Median | B |
| 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 | -0.65% |  |
| Net Profit YoY | -33.25% |  |
| P/B Ratio | 2.79 |  |
| Dividend Ratio | 1.18% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 3260744224.23 |  |
| Revenue | 2045947945.43 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.54% | C |
| Profit Margin | 2.03% | C |
| Gross Margin | 11.32% | E |
| Revenue YoY | -0.65% | D |
| Net Profit YoY | -33.25% | D |
| Total Assets YoY | -5.56% | D |
| Net Assets YoY | -0.31% | D |
| Cash Flow Margin | 124.16% | B |
| OCF YoY | -0.65% | D |
| Turnover | 0.94 | A |
| Gearing Ratio | 44.47% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Qijing Machinery Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-0.65%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-33.25%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.79",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.18%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "3260744224.23",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2045947945.43",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.54%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "2.03%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "11.32%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-0.65%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-33.25%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "-5.56%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-0.31%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "124.16%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-0.65%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.94",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "44.47%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 78.69 | 74/185 | 62.93 | 56.58 | 51.28 |
| PB | 2.80 | 33/185 | 3.32 | 3.17 | 2.83 |
| PS (TTM) | 1.60 | 21/185 | 1.89 | 1.75 | 1.60 |
| Dividend Yield | 1.18% | 22/185 | 1.40% | 1.30% | 1.24% |

## 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 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603677.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603677.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603677.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603677.SH/filings.md)

---

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