---
title: "Bangyan Technology Co., Ltd. (688132.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688132.SH.md"
symbol: "688132.SH"
name: "Bangyan Technology Co., Ltd."
industry: "Aerospace and Defense"
datetime: "2026-05-21T07:34:04.835Z"
locales:
  - [en](https://longbridge.com/en/quote/688132.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688132.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688132.SH.md)
---

# Bangyan Technology Co., Ltd. (688132.SH)

## Company Overview

Bangyan Technology Co., Ltd. offers solutions for information communication and security in the military field in China. The company provides converged communication, ship communication, and information security products, as well as power private network products. The company was founded in 2000 and is based in Shenzhen, China.

| Item | Detail |
|------|--------|
| Industry | Aerospace and Defense |
| Exchange | CN Market |
| Website | [www.bangyan.com.cn](https://www.bangyan.com.cn) |

## 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: 2026-05-21T04:30:13.000Z

**Overall: D (0.71)**

**Industry**: Aerospace and Defense

| Metric | Value |
|--------|-------|
| Industry Ranking | 66 / 68 |
| 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 | -48.95% |  |
| Net Profit YoY | -129.88% |  |
| P/B Ratio | 2.27 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 2678571144.31 |  |
| Revenue | 125583705.93 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -17.44% | E |
| Profit Margin | -181.11% | E |
| Gross Margin | 10.06% | E |
| Revenue YoY | -48.95% | E |
| Net Profit YoY | -129.88% | E |
| Total Assets YoY | -13.58% | E |
| Net Assets YoY | -17.61% | E |
| Cash Flow Margin | 42.73% | C |
| OCF YoY | -48.95% | E |
| Turnover | 0.08 | E |
| Gearing Ratio | 19.04% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Bangyan Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-48.95%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-129.88%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.27",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "2678571144.31",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "125583705.93",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-17.44%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-181.11%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "10.06%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "-48.95%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-129.88%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-13.58%",
          "rating": "E"
        },
        {
          "name": "Net Assets YoY",
          "value": "-17.61%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "42.73%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-48.95%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.08",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "19.04%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -11.78 | 50/68 | - | - | - |
| PB | 2.27 | 7/68 | 2.20 | 2.07 | 1.95 |
| PS (TTM) | 21.33 | 56/68 | 13.90 | 11.82 | 10.99 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | LUBAIR AVIATION (001316.SZ) | B | A | B | A | A | A |
| 02 | KCT (002625.SZ) | B | B | D | A | B | B |
| 03 | AVIC UAS (688297.SH) | D | A | C | B | A | B |
| 04 | JC TECHNOLOGY (688708.SH) | A | B | D | A | C | B |
| 05 | NEO (600184.SH) | C | A | C | B | C | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-01-05T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 16.79 |
| Highest Target | undefined |
| Lowest Target | undefined |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688132.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688132.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688132.SH/news.md)

---

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