---
title: "Bestechnic (Shanghai) Co., Ltd (688608.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688608.SH.md"
symbol: "688608.SH"
name: "Bestechnic (Shanghai) Co., Ltd"
industry: "Semiconductors"
datetime: "2026-05-20T08:10:31.141Z"
locales:
  - [en](https://longbridge.com/en/quote/688608.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688608.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688608.SH.md)
---

# Bestechnic (Shanghai) Co., Ltd (688608.SH)

## Company Overview

Bestechnic (Shanghai) Co., Ltd. engages in the research, design, and sale of low-power wireless computing SoC chips in China and internationally. The company offers wireless audio chips, smart wearable chips, and smart hardware chips. Its products are used in low-power smart audio and video terminals for smart wearables and smart hardware, including Bluetooth headsets, smartwatches, and smart glasses.

| Item | Detail |
|------|--------|
| Industry | Semiconductors |
| Exchange | CN Market |
| Website | [www.bestechnic.com](https://www.bestechnic.com) |

## 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 (0.45)**

**Industry**: Semiconductors

| Metric | Value |
|--------|-------|
| Industry Ranking | 93 / 165 |
| 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**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -11.24% |  |
| Net Profit YoY | -20.99% |  |
| P/B Ratio | 4.77 |  |
| Dividend Ratio | 0.42% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 34155335195.34 |  |
| Revenue | 3205056247.09 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 7.11% | C |
| Profit Margin | 15.39% | A |
| Gross Margin | 42.55% | B |
| Revenue YoY | -11.24% | E |
| Net Profit YoY | -20.99% | D |
| Total Assets YoY | 4.89% | C |
| Net Assets YoY | 6.64% | B |
| Cash Flow Margin | 90.21% | C |
| OCF YoY | -11.24% | E |
| Turnover | 0.44 | C |
| Gearing Ratio | 4.85% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Bestechnic (Shanghai) Co., Ltd",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-11.24%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-20.99%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.77",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.42%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "34155335195.34",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "3205056247.09",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "7.11%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "15.39%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "42.55%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "-11.24%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-20.99%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.89%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "6.64%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "90.21%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-11.24%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.44",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "4.85%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 69.22 | 33/165 | 72.02 | 61.08 | 52.31 |
| PB | 4.77 | 69/165 | 6.64 | 5.79 | 4.59 |
| PS (TTM) | 10.66 | 92/165 | 12.20 | 10.67 | 9.38 |
| Dividend Yield | 0.42% | 38/165 | 0.59% | 0.50% | 0.38% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Cambricon (688256.SH) | A | A | B | A | B | A |
| 02 | Rockchip (603893.SH) | A | A | A | A | B | A |
| 03 | Puya semiconductor (688766.SH) | B | A | A | B | B | A |
| 04 | Hygon Information Technology (688041.SH) | B | A | C | B | C | B |
| 05 | Montage Technology (688008.SH) | A | A | D | A | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-12T16:00:00.000Z

Total Analysts: **5**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 197.80 |
| Highest Target | 255.00 |
| Lowest Target | 206.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688608.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688608.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688608.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688608.SH/filings.md)

---

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