---
title: "Shenzhen Neoway Technology Co.,Ltd. (688159.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688159.SH.md"
symbol: "688159.SH"
name: "Shenzhen Neoway Technology Co.,Ltd."
industry: "Communications Equipment"
datetime: "2026-05-20T19:08:53.110Z"
locales:
  - [en](https://longbridge.com/en/quote/688159.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688159.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688159.SH.md)
---

# Shenzhen Neoway Technology Co.,Ltd. (688159.SH)

## Company Overview

Shenzhen Neoway Technology Co.,Ltd. engages in the research and development, production, and sale of IoT wireless communication modules, IoT wireless communication terminals, IoT wireless communication solutions and cloud products in China. It offers G/3G/4G/5G/NB-IoT/eMTC cellular modules for use in smart energy, IoV, smart manufacturing, commercial retail, smart city, and other industries; Fleet Management, Wi-Fi Hotspot, Usage-based Insurance, and Vehicle Finance wireless device solutions. The company also provides wireless communication terminals, such as 4G smart OBD, emergency lights and other terminals, and urban IoT perception terminals, as well as abnormality monitors, environmental monitors, general collectors, and IoT gateways; Neopipe cloud application software platform; and Neoaccess Cloud, an access service platform.

| Item | Detail |
|------|--------|
| Industry | Communications Equipment |
| Exchange | CN Market |
| Website | [www.neoway.com](https://www.neoway.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 (0.65)**

**Industry**: Communications Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 87 / 97 |
| 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**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -37.94% |  |
| Net Profit YoY | -36.48% |  |
| P/B Ratio | 6.27 |  |
| Dividend Ratio | 0.16% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 5877627989.73 |  |
| Revenue | 2029528020.07 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.15% | C |
| Profit Margin | 1.85% | C |
| Gross Margin | 20.12% | D |
| Revenue YoY | -37.94% | E |
| Net Profit YoY | -36.48% | D |
| Total Assets YoY | 41.52% | A |
| Net Assets YoY | 7.02% | B |
| Cash Flow Margin | -793.78% | E |
| OCF YoY | -37.94% | E |
| Turnover | 0.79 | B |
| Gearing Ratio | 69.04% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shenzhen Neoway Technology Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-37.94%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-36.48%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "6.27",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.16%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "5877627989.73",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2029528020.07",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.15%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "1.85%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "20.12%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-37.94%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-36.48%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "41.52%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "7.02%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-793.78%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-37.94%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.79",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "69.04%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 148.79 | 39/97 | 96.02 | 65.65 | 50.92 |
| PB | 5.97 | 55/97 | 6.81 | 5.47 | 4.74 |
| PS (TTM) | 2.76 | 13/97 | 1.79 | 1.48 | 1.27 |
| Dividend Yield | 0.17% | 41/97 | 0.21% | 0.19% | 0.15% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Zhongji Innolight (300308.SZ) | A | A | A | B | B | A |
| 02 | TFC (300394.SZ) | A | A | A | A | B | A |
| 03 | YOFC (601869.SH) | B | B | C | C | A | B |
| 04 | HTGD (600487.SH) | C | B | A | C | B | B |
| 05 | SUNWAY COMM (300136.SZ) | B | C | B | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2023-10-24T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 60.13 |
| Highest Target | undefined |
| Lowest Target | undefined |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688159.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688159.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688159.SH/news.md)

---

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