---
title: "Ningbo PIA Automation Holding Corp. (688306.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688306.SH.md"
symbol: "688306.SH"
name: "Ningbo PIA Automation Holding Corp."
industry: "Industrial Machinery and Supplies and Components"
datetime: "2026-05-20T07:55:57.945Z"
locales:
  - [en](https://longbridge.com/en/quote/688306.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688306.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688306.SH.md)
---

# Ningbo PIA Automation Holding Corp. (688306.SH)

## Company Overview

Ningbo PIA Automation Holding Corp. engages in the research and development, production, sale, and service of assembly and testing intelligent manufacturing equipment, industrial robots, and industrial digital intelligent software in the fields of new energy smart cars, medical health, consumer products, and industrial electromechanical worldwide. It offers automotive powertrain and electric drive system, including assembly and testing system for three-in-one electric drive; front and rear axle final reducers; and integral bridge rear axle transfer case gearbox. The company also provides new energy storage and batteries, such as power batteries, BMS intelligent equipment, and battery connection system; automotive electronic equipment comprising electronic control/power electronics and autonomous driving/ADAS in the field of new energy smart cars, 4D millimeter wave/millimeter wave radar, and LiDAR; brake-by-wire intelligent braking system using magnetic levitation transmission system; ball screw; and regional controller, as well as thermal management intelligent equipment.

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Exchange | CN Market |
| Website | [www.piagroup.cn](https://www.piagroup.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: 2026-05-20T04:30:09.000Z

**Overall: C (0.49)**

**Industry**: Industrial Machinery and Supplies and Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 146 / 388 |
| 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 | 7.53% |  |
| Net Profit YoY | -50.45% |  |
| P/B Ratio | 7.48 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 13104479443.59 |  |
| Revenue | 2706373999.15 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 0.46% | D |
| Profit Margin | 0.30% | C |
| Gross Margin | 18.07% | D |
| Revenue YoY | 7.53% | C |
| Net Profit YoY | -50.45% | D |
| Total Assets YoY | 0.23% | D |
| Net Assets YoY | -0.84% | D |
| Cash Flow Margin | 1234.30% | A |
| OCF YoY | 7.53% | C |
| Turnover | 0.58 | B |
| Gearing Ratio | 62.60% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ningbo PIA Automation Holding Corp.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "7.53%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-50.45%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "7.48",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "13104479443.59",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2706373999.15",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "0.46%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "0.30%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "18.07%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "7.53%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "-50.45%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "0.23%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-0.84%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "1234.30%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "7.53%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.58",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "62.60%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 1618.66 | 297/388 | 5054.44 | 1580.42 | 768.92 |
| PB | 7.48 | 323/388 | 8.01 | 7.17 | 6.55 |
| PS (TTM) | 4.84 | 197/388 | 5.63 | 4.99 | 4.58 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Sanhua (002050.SZ) | B | B | B | B | B | B |
| 02 | Inovance (300124.SZ) | B | B | B | C | B | B |
| 03 | JSHL (601100.SH) | B | B | C | A | B | B |
| 04 | Han's Laser (002008.SZ) | B | A | C | C | B | B |
| 05 | Han's CNC (301200.SZ) | B | A | C | B | C | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688306.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688306.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688306.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688306.SH/filings.md)

---

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