---
title: "Shenzhen Newway Photomask Making Co., Ltd. (688401.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688401.SH.md"
symbol: "688401.SH"
name: "Shenzhen Newway Photomask Making Co., Ltd."
industry: "Electronic Components"
datetime: "2026-05-19T17:17:52.307Z"
locales:
  - [en](https://longbridge.com/en/quote/688401.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688401.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688401.SH.md)
---

# Shenzhen Newway Photomask Making Co., Ltd. (688401.SH)

## Company Overview

Shenzhen Newway Photomask Making Co., Ltd, a lithography company, engages in the design, development, and production of mask products in China. The company offers large, small, and medium sized masks for applications in the fields of mask plates for TP touch screens; LCD, AMOLED, LTPS, LTPO, mini LED, micro-LED, silicon-based OLED, and F-gamma masks, etc; and semiconductor masks. The company was founded in 1997 and is headquartered in Shenzhen, China.

| Item | Detail |
|------|--------|
| Industry | Electronic Components |
| Exchange | CN Market |
| Website | [www.newwaymask.com](https://www.newwaymask.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: B (0.34)**

**Industry**: Electronic Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 60 / 186 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 27.42% |  |
| Net Profit YoY | 36.25% |  |
| P/B Ratio | 7.78 |  |
| Dividend Ratio | 0.44% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 12999941489.76 |  |
| Revenue | 1220553288.28 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 17.09% | A |
| Profit Margin | 22.19% | A |
| Gross Margin | 35.39% | C |
| Revenue YoY | 27.42% | A |
| Net Profit YoY | 36.25% | B |
| Total Assets YoY | 35.43% | A |
| Net Assets YoY | 19.95% | A |
| Cash Flow Margin | 108.81% | C |
| OCF YoY | 27.42% | A |
| Turnover | 0.44 | C |
| Gearing Ratio | 45.47% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shenzhen Newway Photomask Making Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "27.42%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "36.25%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "7.78",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.44%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "12999941489.76",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1220553288.28",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "17.09%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "22.19%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "35.39%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "27.42%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "36.25%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "35.43%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "19.95%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "108.81%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "27.42%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.44",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "45.47%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 50.77 | 38/186 | 44.18 | 40.21 | 34.36 |
| PB | 8.22 | 133/186 | 6.83 | 6.32 | 4.94 |
| PS (TTM) | 11.26 | 155/186 | 9.45 | 8.76 | 7.13 |
| Dividend Yield | 0.42% | 70/186 | 0.75% | 0.61% | 0.56% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Eoptolink (300502.SZ) | A | A | A | B | B | A |
| 02 | LUXSHARE-ICT (002475.SZ) | B | A | A | D | B | B |
| 03 | DSBJ (002384.SZ) | C | B | B | D | B | B |
| 04 | VGT (300476.SZ) | A | A | B | C | B | B |
| 05 | Sytech (600183.SH) | B | A | A | C | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688401.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688401.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688401.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688401.SH/filings.md)

---

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