---
title: "GuangZhou BaiYun Electric Equipment Co., Ltd. (603861.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603861.SH.md"
symbol: "603861.SH"
name: "GuangZhou BaiYun Electric Equipment Co., Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T09:09:31.800Z"
locales:
  - [en](https://longbridge.com/en/quote/603861.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603861.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603861.SH.md)
---

# GuangZhou BaiYun Electric Equipment Co., Ltd. (603861.SH)

## Company Overview

Guangzhou Baiyun Electric Equipment Co., Ltd. engages in the research, development, manufacturing, sale, and service of capacitors, transformers, switchgear, frequency converters, automatic control, intelligent components, and other products in China. The company offers high voltage GIS, medium voltage C-GIS, medium voltage metal enclosed switchgear, ring main unit, DC traction switchgear, low voltage switchgear, distribution box, intelligent bus, medium voltage switch, low voltage switch, and intelligent components. It also provides integrated energy service, smart substation, smart distribution grids, rail transit power supply system equipment, data center, intelligent water, power quality management, and tram power supply solutions.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.bydq.com](https://www.bydq.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: D (0.60)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 244 / 261 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -2.04% |  |
| Net Profit YoY | 0.75% |  |
| P/B Ratio | 2.19 |  |
| Dividend Ratio | 0.84% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 8810032457.53 |  |
| Revenue | 4935064968.47 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.35% | C |
| Profit Margin | 4.09% | C |
| Gross Margin | 18.28% | D |
| Revenue YoY | -2.04% | D |
| Net Profit YoY | 0.75% | C |
| Total Assets YoY | 10.14% | B |
| Net Assets YoY | 13.33% | B |
| Cash Flow Margin | -156.16% | E |
| OCF YoY | -2.04% | D |
| Turnover | 0.47 | C |
| Gearing Ratio | 61.16% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - GuangZhou BaiYun Electric Equipment Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-2.04%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "0.75%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.19",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.84%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "8810032457.53",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4935064968.47",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.35%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.09%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "18.28%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-2.04%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "0.75%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "10.14%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "13.33%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-156.16%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-2.04%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.47",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "61.16%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 43.63 | 62/261 | 40.70 | 29.70 | 24.57 |
| PB | 2.19 | 38/261 | 2.23 | 1.68 | 1.41 |
| PS (TTM) | 1.79 | 52/261 | 1.81 | 1.30 | 0.98 |
| Dividend Yield | 0.84% | 75/261 | 1.11% | 0.89% | 0.80% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/603861.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/603861.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/603861.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/603861.SH/filings.md)

---

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