---
title: "Changzhou Fusion New Material Co., Ltd. (688503.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688503.SH.md"
symbol: "688503.SH"
name: "Changzhou Fusion New Material Co., Ltd."
industry: "Semiconductor Materials and Equipment"
datetime: "2026-05-20T12:47:01.082Z"
locales:
  - [en](https://longbridge.com/en/quote/688503.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688503.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688503.SH.md)
---

# Changzhou Fusion New Material Co., Ltd. (688503.SH)

## Company Overview

Changzhou Fusion New Material Co., Ltd. engages in the research and development, production, and sale of conductive silver paste, electronic component paste, conductive adhesive, and semiconductor materials for photovoltaic industry in China and internationally. The company manufactures special electronic and metal materials; optoelectronic devices; synthetic materials; electronic raw materials and products; and electronic slurries; and provides technical services, technology development, technology consulting, technology exchange, environmentally friendly and energy-saving materials, technology transfer, and technology promotion services. It is also involved in the import and export of technology, goods, and agency; sale of integrated circuit chips and chemical products; sales of power distribution switch control equipment; energy storage technology services; battery sales; sales of solar thermal power generation products; solar power generation technology services; and manufacturing and sale of graphite and carbon, rubber, and sealing packing products, as well as optoelectronic devices.

| Item | Detail |
|------|--------|
| Industry | Semiconductor Materials and Equipment |
| Exchange | CN Market |
| Website | [www.fusion-materials.com](https://www.fusion-materials.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: 2026-05-20T04:30:09.000Z

**Overall: B (0.36)**

**Industry**: Semiconductor Materials and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 14 / 63 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 37.40% |  |
| Net Profit YoY | 43.48% |  |
| P/B Ratio | 5.07 |  |
| Dividend Ratio | 0.37% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 26925643810.35 |  |
| Revenue | 17244115668.67 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 12.33% | B |
| Profit Margin | 3.60% | C |
| Gross Margin | 10.58% | E |
| Revenue YoY | 37.40% | A |
| Net Profit YoY | 43.48% | B |
| Total Assets YoY | 51.26% | A |
| Net Assets YoY | 11.80% | B |
| Cash Flow Margin | -659.18% | E |
| OCF YoY | 37.40% | A |
| Turnover | 1.55 | A |
| Gearing Ratio | 60.44% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Changzhou Fusion New Material Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "37.40%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "43.48%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "5.07",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.37%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "26925643810.35",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "17244115668.67",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "12.33%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "3.60%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "10.58%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "37.40%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "43.48%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "51.26%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "11.80%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-659.18%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "37.40%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "1.55",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "60.44%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 45.39 | 4/63 | 74.68 | 53.28 | 27.01 |
| PB | 5.30 | 16/63 | 4.39 | 3.11 | 2.48 |
| PS (TTM) | 1.63 | 3/63 | 1.55 | 1.18 | 0.92 |
| Dividend Yield | 0.36% | 16/63 | 0.86% | 0.67% | 0.47% |

## 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 |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-06T16:00:00.000Z

Total Analysts: **5**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 80% |
| Overweight | 1 | 20% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 116.20 |
| Highest Target | 100.00 |
| Lowest Target | 95.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688503.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688503.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688503.SH/news.md)

---

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