---
title: "Changzhou Shichuang Energy Co.,Ltd. (688429.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688429.SH.md"
symbol: "688429.SH"
name: "Changzhou Shichuang Energy Co.,Ltd."
industry: "Semiconductor Materials and Equipment"
datetime: "2026-05-20T10:05:19.529Z"
locales:
  - [en](https://longbridge.com/en/quote/688429.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688429.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688429.SH.md)
---

# Changzhou Shichuang Energy Co.,Ltd. (688429.SH)

## Company Overview

Changzhou Shichuang Energy Co.,Ltd. engages in the research, development, production, and sale of photovoltaic wet process auxiliary products, equipment, and cells in China. The company’s auxiliary products include texturing, polishing, and cleaning aids that are primarily used for texturing, etching, polishing, and cleaning processes of photovoltaic cell production. Its equipment comprises chain annealing and bulk defect passivation equipment, which are primarily used in the oxidation and bulk defect passivation processes of photovoltaic cell production.

| Item | Detail |
|------|--------|
| Industry | Semiconductor Materials and Equipment |
| Exchange | CN Market |
| Website | [www.shichuang.cc](https://www.shichuang.cc) |

## 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 (0.57)**

**Industry**: Semiconductor Materials and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 48 / 63 |
| Industry Median | C |
| 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 45.91% |  |
| Net Profit YoY | 63.80% |  |
| P/B Ratio | 4.38 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 5662064567.67 |  |
| Revenue | 1093096112.89 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -19.36% | E |
| Profit Margin | -25.04% | E |
| Gross Margin | 13.54% | D |
| Revenue YoY | 45.91% | A |
| Net Profit YoY | 63.80% | B |
| Total Assets YoY | -3.31% | D |
| Net Assets YoY | -15.82% | E |
| Cash Flow Margin | 71.04% | C |
| OCF YoY | 45.91% | A |
| Turnover | 0.24 | D |
| Gearing Ratio | 71.36% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Changzhou Shichuang Energy Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "45.91%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "63.80%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.38",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "5662064567.67",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1093096112.89",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-19.36%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-25.04%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "13.54%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "45.91%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "63.80%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-3.31%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-15.82%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "71.04%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "45.91%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.24",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "71.36%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -20.69 | 53/63 | - | - | - |
| PB | 4.38 | 14/63 | 4.43 | 4.05 | 3.75 |
| PS (TTM) | 5.18 | 15/63 | 7.57 | 6.87 | 5.82 |
| Dividend Yield | 0.00% | - | 0.33% | 0.32% | 0.32% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | NAURA (002371.SZ) | B | B | C | C | B | B |
| 02 | AMEC (688012.SH) | B | A | C | A | B | B |
| 03 | Piotech (688072.SH) | A | A | C | D | A | B |
| 04 | CCTech (300604.SZ) | A | A | B | C | B | B |
| 05 | HWATSING (688120.SH) | B | B | C | C | B | B |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688429.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688429.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688429.SH/news.md)

---

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