---
title: "Freewon China Co., Ltd. (688678.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688678.SH.md"
symbol: "688678.SH"
name: "Freewon China Co., Ltd."
industry: "Industrial Machinery and Supplies and Components"
datetime: "2026-05-20T18:39:07.421Z"
locales:
  - [en](https://longbridge.com/en/quote/688678.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688678.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688678.SH.md)
---

# Freewon China Co., Ltd. (688678.SH)

## Company Overview

Freewon China Co.,Ltd. engages in the research and development, manufacture, and sale of precision metal parts in China and internationally. It offers 3C precision metal parts, including powder metallurgy parts, pin needle connector, and precision spring and leaf spring and automobile precision metal parts, such as shaped spring for headlights, fasteners for car sunroofs, precision spring and leaf spring for automobile sunroof, drive tube assembly, and sunroof drive pipe fittings. The company also provides; electrical tool and other components that include compression spring/extension spring/torsion spring, precision leaf spring/plate, wave spring/scroll spring, fasteners, pivot parts, and shaped spring; and diamond wire core.

| Item | Detail |
|------|--------|
| Industry | Industrial Machinery and Supplies and Components |
| Exchange | CN Market |
| Website | [www.freewon.com.cn](https://www.freewon.com.cn) |

## 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 (0.33)**

**Industry**: Industrial Machinery and Supplies and Components

| Metric | Value |
|--------|-------|
| Industry Ranking | 54 / 388 |
| 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**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 57.80% |  |
| Net Profit YoY | 108.79% |  |
| P/B Ratio | 4.48 |  |
| Dividend Ratio | 0.53% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 10358072999.59 |  |
| Revenue | 2177879540.22 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.14% | C |
| Profit Margin | 3.99% | C |
| Gross Margin | 27.73% | C |
| Revenue YoY | 57.80% | A |
| Net Profit YoY | 108.79% | A |
| Total Assets YoY | 17.77% | A |
| Net Assets YoY | 25.10% | A |
| Cash Flow Margin | 172.39% | B |
| OCF YoY | 57.80% | A |
| Turnover | 0.54 | C |
| Gearing Ratio | 44.77% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Freewon China Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "57.80%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "108.79%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "4.48",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.53%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "10358072999.59",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "2177879540.22",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.14%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "3.99%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "27.73%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "57.80%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "108.79%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "17.77%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "25.10%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "172.39%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "57.80%",
          "rating": "A"
        },
        {
          "name": "Turnover",
          "value": "0.54",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "44.77%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 118.55 | 218/388 | 279.70 | 170.19 | 119.90 |
| PB | 4.45 | 230/388 | 4.21 | 3.65 | 3.19 |
| PS (TTM) | 4.72 | 195/388 | 4.89 | 3.85 | 3.57 |
| Dividend Yield | 0.53% | 169/388 | 0.53% | 0.40% | 0.35% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Sanhua (002050.SZ) | B | B | B | B | B | B |
| 02 | Inovance (300124.SZ) | B | B | B | C | B | B |
| 03 | JSHL (601100.SH) | B | B | C | A | B | B |
| 04 | Han's Laser (002008.SZ) | B | A | C | C | B | B |
| 05 | Han's CNC (301200.SZ) | B | A | C | B | C | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-08T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 25.48 |
| Highest Target | 22.86 |
| Lowest Target | 22.86 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688678.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688678.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688678.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688678.SH/filings.md)

---

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