---
title: "Pinming Technology Co., Ltd (688109.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688109.SH.md"
symbol: "688109.SH"
name: "Pinming Technology Co., Ltd"
industry: "Application Software"
datetime: "2026-05-20T22:53:18.510Z"
locales:
  - [en](https://longbridge.com/en/quote/688109.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688109.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688109.SH.md)
---

# Pinming Technology Co., Ltd (688109.SH)

## Company Overview

Pinming Technology Co., Ltd. engages in research and development, sale, and technical service of Internet of Things software and hardware systems, and related products. It develops calculation software, formwork design software, construction planning software, HiBIM software, and building information software. The company is also involved in the research and development, and sale of network equipment and security monitoring products, as well as provision of information system integration and technical services.

| Item | Detail |
|------|--------|
| Industry | Application Software |
| Exchange | CN Market |
| Website | [www.pinming.cn](https://www.pinming.cn) |

## 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 (0.44)**

**Industry**: Application Software

| Metric | Value |
|--------|-------|
| Industry Ranking | 51 / 102 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **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 | -8.17% |  |
| Net Profit YoY | -24.68% |  |
| P/B Ratio | 9.09 |  |
| Dividend Ratio | 0.73% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 7226902156.89 |  |
| Revenue | 417256607.86 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.02% | C |
| Profit Margin | 7.64% | B |
| Gross Margin | 71.44% | A |
| Revenue YoY | -8.17% | D |
| Net Profit YoY | -24.68% | D |
| Total Assets YoY | 1.21% | C |
| Net Assets YoY | 0.74% | C |
| Cash Flow Margin | 264.94% | A |
| OCF YoY | -8.17% | D |
| Turnover | 0.46 | C |
| Gearing Ratio | 12.41% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Pinming Technology Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-8.17%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-24.68%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "9.09",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.73%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "7226902156.89",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "417256607.86",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.02%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "7.64%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "71.44%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "-8.17%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-24.68%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.21%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.74%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "264.94%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-8.17%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.46",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "12.41%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 225.26 | 41/102 | 171.03 | 147.33 | 61.65 |
| PB | 9.03 | 88/102 | 13.22 | 11.84 | 4.02 |
| PS (TTM) | 17.20 | 84/102 | 22.90 | 20.45 | 6.81 |
| Dividend Yield | 0.74% | 21/102 | 0.99% | 0.57% | 0.51% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Kingsoft Office (688111.SH) | A | A | D | B | B | B |
| 02 | IFLYTEK (002230.SZ) | C | B | B | D | B | B |
| 03 | Thundersoft (300496.SZ) | C | B | B | B | A | B |
| 04 | Intsig (688615.SH) | A | B | C | B | B | B |
| 05 | NEWLAND (000997.SZ) | B | B | B | C | C | B |

## Institutional View

### Analyst Rating Distribution

> As of 2025-10-25T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 90.87 |
| Highest Target | 191.75 |
| Lowest Target | 191.75 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688109.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688109.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688109.SH/news.md)

---

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