---
title: "Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688005.SH.md"
symbol: "688005.SH"
name: "Ningbo Ronbay New Energy Technology Co., Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-19T20:27:36.948Z"
locales:
  - [en](https://longbridge.com/en/quote/688005.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688005.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688005.SH.md)
---

# Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SH)

## Company Overview

Ningbo Ronbay New Energy Technology Co.,Ltd. engages in the research and development, manufacture, and sale of multi-materials, lithium iron manganese phosphate materials, sodium electric materials and multi-material precursors in China and internationally. The company’s products are used in electric vehicles, electric two-wheeled vehicles, energy storage equipment, and electronic products. Ningbo Ronbay New Energy Technology Co.,Ltd.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.ronbaymat.com](https://www.ronbaymat.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: 2026-05-19T04:30:08.000Z

**Overall: D (0.71)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 239 / 261 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -8.88% |  |
| Net Profit YoY | -150.49% |  |
| P/B Ratio | 3.16 |  |
| Dividend Ratio | 1.06% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 24527375987.68 |  |
| Revenue | 13072445059.46 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -1.98% | D |
| Profit Margin | -1.23% | D |
| Gross Margin | 9.43% | E |
| Revenue YoY | -8.88% | D |
| Net Profit YoY | -150.49% | E |
| Total Assets YoY | -2.02% | D |
| Net Assets YoY | -13.71% | E |
| Cash Flow Margin | -695.28% | E |
| OCF YoY | -8.88% | D |
| Turnover | 0.53 | C |
| Gearing Ratio | 67.38% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ningbo Ronbay New Energy Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-8.88%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-150.49%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.16",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.06%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "24527375987.68",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "13072445059.46",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-1.98%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-1.23%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "9.43%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-8.88%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-150.49%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-2.02%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-13.71%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-695.28%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-8.88%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.53",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "67.38%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -152.69 | 258/261 | 93.44 | 70.21 | 46.32 |
| PB | 3.16 | 98/261 | 2.82 | 2.54 | 1.97 |
| PS (TTM) | 1.87 | 56/261 | 1.81 | 1.58 | 1.12 |
| Dividend Yield | 1.06% | 62/261 | 1.57% | 1.24% | 1.10% |

## 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 |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-13T16:00:00.000Z

Total Analysts: **6**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 3 | 50% |
| Hold | 1 | 17% |
| Underweight | 1 | 17% |
| Sell | 1 | 17% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 34.27 |
| Highest Target | 36.50 |
| Lowest Target | 13.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688005.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688005.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688005.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688005.SH/filings.md)

---

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