---
title: "LAPLACE Renewable Energy Technology Co., Ltd. (688726.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688726.SH.md"
symbol: "688726.SH"
name: "LAPLACE Renewable Energy Technology Co., Ltd."
industry: "Semiconductor Materials and Equipment"
datetime: "2026-05-20T12:40:07.254Z"
locales:
  - [en](https://longbridge.com/en/quote/688726.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688726.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688726.SH.md)
---

# LAPLACE Renewable Energy Technology Co., Ltd. (688726.SH)

## Company Overview

LAPLACE Renewable Energy Technology Co., Ltd. engages in the research, development, production, and sale of thermal processes, coatings, and supporting automation equipment for photovoltaic cell and semiconductor chip manufacturing in China. The company offers thermal process equipment, such as boron diffusion, phosphorus diffusion, oxidation, and annealing equipment; and coating equipment, including low pressure chemical vapor deposition horizontal coating, plasma enhanced chemical vapor deposition, atomic layer deposition, and atomic layer edge passivation deposition equipment. It also provides photovoltaic equipment, including battery gap laminating machines and laser equipment; semiconductor discrete device equipment which includes oxidation, annealing, coating, and brazing furnace equipment; and supporting products and services.

| Item | Detail |
|------|--------|
| Industry | Semiconductor Materials and Equipment |
| Exchange | CN Market |
| Website | [www.laplace-tech.com](https://www.laplace-tech.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 (0.60)**

**Industry**: Semiconductor Materials and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 35 / 63 |
| 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 | -18.59% |  |
| Net Profit YoY | -39.12% |  |
| P/B Ratio | 6.65 |  |
| Dividend Ratio | 0.54% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 28045676300.13 |  |
| Revenue | 4987680580.98 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 12.26% | B |
| Profit Margin | 9.87% | B |
| Gross Margin | 34.18% | C |
| Revenue YoY | -18.59% | E |
| Net Profit YoY | -39.12% | D |
| Total Assets YoY | 7.25% | B |
| Net Assets YoY | 10.75% | B |
| Cash Flow Margin | -6.57% | D |
| OCF YoY | -18.59% | E |
| Turnover | 0.48 | C |
| Gearing Ratio | 60.72% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - LAPLACE Renewable Energy Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-18.59%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-39.12%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "6.65",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.54%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "28045676300.13",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4987680580.98",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "12.26%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "9.87%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "34.18%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-18.59%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-39.12%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.25%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "10.75%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-6.57%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-18.59%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.48",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "60.72%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 55.97 | 5/63 | 35.84 | 24.36 | 21.66 |
| PB | 6.53 | 27/63 | 6.42 | 5.07 | 4.41 |
| PS (TTM) | 5.52 | 16/63 | 4.58 | 3.11 | 2.82 |
| Dividend Yield | 0.55% | 9/63 | 0.90% | 0.79% | 0.58% |

## 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: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 67.82 |
| Highest Target | 75.00 |
| Lowest Target | 75.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688726.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688726.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688726.SH/news.md)

---

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