---
title: "航天长征化学工程股份有限公司 (603698.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/603698.SH.md"
symbol: "603698.SH"
name: "航天长征化学工程股份有限公司"
industry: "能源设备与服务"
---

# 航天长征化学工程股份有限公司 (603698.SH)

| Item | Detail |
|------|--------|
| Industry | 能源设备与服务 |
| Location | 沪深市场 |
| Website | [www.china-ceco.com](https://www.china-ceco.com) |

## Company Profile

公司是中国航天科技集团有限公司所属中国运载火箭技术研究院控股的上市公司，创立于 2007 年 6 月。是国家企业技术中心、国家级粉煤气化技术工程研究中心、高新技术企业、国家知识产权示范企业、制造业单项冠军企业。公司的主营业务是以航天粉煤加压气化技术为核心，专业从事煤气化技术及关键设备的研发、工程设计、技术服务、设备成套供应及工程总承包。主要产品或服务包括与煤气化技术相关的专利技术实施许可、专利专有及通用设备销售、设计与咨询、工程建设、工业气体运营。公司是行业唯一的粉煤气化技术工程研究中心，可实现研究成果的工业化实验，提高技术工业应用的可靠性。公司被认定为北京市高新技术企业、国家企业技术中心、公...

## 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: 2026-02-20T04:30:10.000Z

**Overall: B (0.32)**

**Industry**: Energy Equipment and Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 31 |
| 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.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 58.23% |  |
| Net Profit YoY | -8.19% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 5.39 |  |
| Dividend Ratio | 0.47% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 18.60B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 4.73B |  |


**Multi Score**: B

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 5.77% | C |
| Profit Margin | 4.15% | C |
| Gross Margin | 18.86% | D |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 58.23% | A |
| Net Profit YoY | -8.19% | C |
| Total Assets YoY | 6.22% | B |
| Net Assets YoY | 3.41% | C |

#### Cash Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 2411.53% | A |
| OCF YoY | 58.23% | A |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.59 | B |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 38.73% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 航天长征化学工程股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "5.77%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.15%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "18.86%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "58.23%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "-8.19%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.22%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "3.41%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "A",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "2411.53%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "58.23%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.59",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "38.73%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 杰瑞股份 (SZ.002353) | B | B | C | B | B | B |
| 02 | 海油发展 (SH.600968) | B | C | A | B | B | B |
| 03 | 航天工程 (SH.603698) | C | B | B | B | A | B |
| 04 | 迪威尔 (SH.688377) | C | B | C | B | B | B |
| 05 | 通源石油 (SZ.300164) | C | B | B | B | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 94.83 | 15/31 | 64.69 | 47.55 | 43.85 |
| PB | 5.39 | 24/31 | 3.68 | 2.85 | 2.67 |
| PS (TTM) | 3.93 | 16/31 | 3.19 | 2.45 | 2.25 |
| Dividend Yield | 0.47% | 15/31 | 0.83% | 0.63% | 0.58% |

## Institutional View

### Analyst Rating Distribution

> As of 2025-09-01T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 1 | 100% |
| Overweight | 0 | 0% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 34.70 |
| Highest Target | 22.00 |
| Lowest Target | 22.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/603698.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/603698.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/603698.SH/topics.md) - Community topics and discussions

---

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