---
title: "Yuneng Technology Co.,Ltd. (688348.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688348.SH.md"
symbol: "688348.SH"
name: "Yuneng Technology Co.,Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T16:47:40.112Z"
locales:
  - [en](https://longbridge.com/en/quote/688348.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688348.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688348.SH.md)
---

# Yuneng Technology Co.,Ltd. (688348.SH)

## Company Overview

Yuneng Technology Co., Ltd. engages in the research, development, production, and sale of component-level power electronics equipment in China and internationally. It offers micro-inverters, intelligent control switches, and industrial and commercial energy storage systems. The company was incorporated in 2010 and is headquartered in Jiaxing, China.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [china.apsystems.com](https://china.apsystems.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 (0.67)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 248 / 261 |
| 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 | -25.37% |  |
| Net Profit YoY | -274.33% |  |
| P/B Ratio | 2.31 |  |
| Dividend Ratio | 0.80% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 7741664853.17 |  |
| Revenue | 1146830090.11 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -6.44% | D |
| Profit Margin | -19.64% | D |
| Gross Margin | 35.12% | C |
| Revenue YoY | -25.37% | E |
| Net Profit YoY | -274.33% | E |
| Total Assets YoY | -2.78% | D |
| Net Assets YoY | -9.18% | D |
| Cash Flow Margin | -55.72% | E |
| OCF YoY | -25.37% | E |
| Turnover | 0.25 | D |
| Gearing Ratio | 25.08% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Yuneng Technology Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-25.37%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-274.33%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.31",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.80%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "7741664853.17",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1146830090.11",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-6.44%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-19.64%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "35.12%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-25.37%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-274.33%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-2.78%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-9.18%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-55.72%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-25.37%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.25",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "25.08%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -35.03 | 233/261 | 149.30 | 138.16 | 54.89 |
| PB | 2.36 | 52/261 | 2.43 | 2.29 | 1.98 |
| PS (TTM) | 6.88 | 199/261 | 7.20 | 6.74 | 4.63 |
| Dividend Yield | 0.78% | 82/261 | 0.87% | 0.75% | 0.70% |

## 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 2026-05-05T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 50.40 |
| Highest Target | 67.94 |
| Lowest Target | 67.94 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688348.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688348.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688348.SH/news.md)

---

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