---
title: "Hainan Jinpan Smart Technology Co., Ltd. (688676.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688676.SH.md"
symbol: "688676.SH"
name: "Hainan Jinpan Smart Technology Co., Ltd."
industry: "Heavy Electrical Equipment"
datetime: "2026-05-19T16:12:09.904Z"
locales:
  - [en](https://longbridge.com/en/quote/688676.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688676.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688676.SH.md)
---

# Hainan Jinpan Smart Technology Co., Ltd. (688676.SH)

## Company Overview

Hainan Jinpan Smart Technology Co., Ltd. engages in the research and development, production, sale, and servicing of power transmission and distribution, and control equipment products in China. The company offers dry-type transformers and reactors; medium and low voltage switchgears; power electronics equipment comprising integrated photovoltaic inverter grid-connected devices, integrated intelligent photovoltaic box-type transformers, integrated energy storage, and high voltage static dynamic reactive power compensation devices; and box-type substations. It also provides digital overall solutions, such as digital factory consulting and planning, dry-time digital factory overall solution, digital factory solutions, manufacturing execution systems, modern factory logistics transportation technologies, smart charging systems, and 5G cloud AGV products; intelligent warehousing and logistics systems; and electrochemical energy storage systems and high voltage cascade direct-mounted energy storage systems, low voltage energy storage systems, integrated energy storage, energy management systems, and battery management systems.

| Item | Detail |
|------|--------|
| Industry | Heavy Electrical Equipment |
| Exchange | CN Market |
| Website | [www.jst.com.cn](https://www.jst.com.cn) |

## 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: 2026-05-19T04:30:08.000Z

**Overall: C (0.42)**

**Industry**: Heavy Electrical Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 14 / 58 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 7.73% |  |
| Net Profit YoY | 13.24% |  |
| P/B Ratio | 9.12 |  |
| Dividend Ratio | 1.23% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 44234953329.04 |  |
| Revenue | 7467953821.62 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 13.40% | B |
| Profit Margin | 8.89% | B |
| Gross Margin | 25.74% | C |
| Revenue YoY | 7.73% | C |
| Net Profit YoY | 13.24% | C |
| Total Assets YoY | 26.61% | A |
| Net Assets YoY | 17.42% | A |
| Cash Flow Margin | 45.00% | C |
| OCF YoY | 7.73% | C |
| Turnover | 0.66 | B |
| Gearing Ratio | 57.82% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hainan Jinpan Smart Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "7.73%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "13.24%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "9.12",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.23%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "44234953329.04",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "7467953821.62",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "13.40%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "8.89%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "25.74%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "7.73%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "13.24%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "26.61%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "17.42%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "45.00%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "7.73%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "0.66",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "57.82%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 69.87 | 26/58 | 64.00 | 53.02 | 31.59 |
| PB | 9.56 | 52/58 | 8.84 | 7.21 | 4.26 |
| PS (TTM) | 6.21 | 51/58 | 5.73 | 4.76 | 2.67 |
| Dividend Yield | 1.17% | 12/58 | 1.30% | 0.69% | 0.55% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | NARI-TECH (600406.SH) | B | B | B | C | B | B |
| 02 | DHI (002487.SZ) | B | A | C | B | B | B |
| 03 | HyperStrong (688411.SH) | B | A | B | D | B | B |
| 04 | HAILI WIND POWER (301155.SZ) | C | A | C | B | B | B |
| 05 | COOLTECH POWER (300153.SZ) | C | A | B | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-26T16:00:00.000Z

Total Analysts: **7**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 57% |
| Overweight | 2 | 29% |
| Hold | 1 | 14% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 101.02 |
| Highest Target | 110.00 |
| Lowest Target | 100.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688676.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688676.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688676.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688676.SH/filings.md)

---

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