---
title: "宏盛华源铁塔集团股份有限公司 (601096.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/601096.SH.md"
symbol: "601096.SH"
name: "宏盛华源铁塔集团股份有限公司"
industry: "重型电气设备"
---

# 宏盛华源铁塔集团股份有限公司 (601096.SH)

| Item | Detail |
|------|--------|
| Industry | 重型电气设备 |
| Location | 沪深市场 |
| Website | [www.hshygroup.com](https://www.hshygroup.com) |

## Company Profile

公司是山东电工电气集团有限公司的控股子公司，是技术优秀的电力铁塔生产制造公司。公司主营业务包括全系列输电线路铁塔、构支架、通讯塔、钢构件等产品的研发、制造和销售，以及镀锌、铁塔检修、电力工程总承包、钢结构工程专业总承包等业务，积极介入新基建、新能源、民用钢结构等业务。公司主要从事输电线路铁塔的研发、生产和销售。主要产品为全系列电压等级的输电线路铁塔，包括角钢塔、钢管塔、钢管杆、变电构支架，及通讯塔、钢构件、热浸镀锌防腐。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-24T04:30:09.000Z

**Overall: C (0.43)**

**Industry**: Heavy Electrical Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 27 / 56 |
| 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.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -3.79% |  |
| Net Profit YoY | 56.69% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 3.50 |  |
| Dividend Ratio | 0.67% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 16.03B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 9.90B |  |


**Multi Score**: C

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 7.49% | B |
| Profit Margin | 3.38% | C |
| Gross Margin | 13.09% | D |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -3.79% | D |
| Net Profit YoY | 56.69% | B |
| Total Assets YoY | 4.15% | C |
| Net Assets YoY | 5.44% | B |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 2959.80% | A |
| OCF YoY | -3.79% | D |

#### Operating Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 1.02 | A |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 53.83% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 宏盛华源铁塔集团股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "7.49%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "3.38%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "13.09%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-3.79%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "56.69%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.15%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.44%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "2959.80%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-3.79%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "A",
      "indicators": [
        {
          "name": "Turnover",
          "value": "1.02",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "53.83%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 国电南瑞 (SH.600406) | B | B | B | C | B | B |
| 02 | 金盘科技 (SH.688676) | B | B | B | C | B | B |
| 03 | 大金重工 (SZ.002487) | B | A | C | C | B | B |
| 04 | 海博思创 (SH.688411) | B | A | A | D | A | B |
| 05 | 许继电气 (SZ.000400) | B | C | B | C | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 48.93 | 19/58 | 44.00 | 40.05 | 34.89 |
| PB | 3.57 | 34/58 | 2.67 | 2.56 | 2.47 |
| PS (TTM) | 1.65 | 9/58 | 1.22 | 1.15 | 1.12 |
| Dividend Yield | 0.65% | 16/58 | 0.96% | 0.67% | 0.61% |

## References

- [Company Overview](https://longbridge.com/en/quote/601096.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/601096.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/601096.SH/topics.md) - Community topics and discussions

---

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