---
title: "杭州萤石网络股份有限公司 (688475.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/688475.SH.md"
symbol: "688475.SH"
name: "杭州萤石网络股份有限公司"
industry: "电子设备及服务"
---

# 杭州萤石网络股份有限公司 (688475.SH)

| Item | Detail |
|------|--------|
| Industry | 电子设备及服务 |
| Location | 沪深市场 |
| Website | [www.ezviz.com](https://www.ezviz.com) |

## Company Profile

公司前身为杭州萤石网络有限公司，系由杭州海康威视数字技术股份有限公司投资设立，并于 2015 年 3 月 25 日在杭州市高新区 (滨江) 市场监督管理局登记注册。公司致力于成为可信赖的智能家居和物联网云平台服务商，以 AI 和物联网云平台为核心基础，面向智能家居场景下的消费者用户，提供以 AI 交互为主的智能生活解决方案;面向行业开发者客户，提供开放式 AI 物联网云平台服务。主要产品：智能家居摄像机、智能入户、智能服务机器人、智能控制及智能穿戴。

## 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: 2026-02-19T04:30:10.000Z

**Overall: C (0.40)**

**Industry**: Electronic Equipment and Instruments

| Metric | Value |
|--------|-------|
| Industry Ranking | 84 / 201 |
| 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 | 8.44% |  |
| Net Profit YoY | 12.43% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 4.23 |  |
| Dividend Ratio | 1.16% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 23.85B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 5.90B |  |


**Multi Score**: C

#### Profit Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 10.17% | B |
| Profit Margin | 9.60% | B |
| Gross Margin | 100.00% | A |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 8.44% | B |
| Net Profit YoY | 12.43% | C |
| Total Assets YoY | 0.00% | C |
| Net Assets YoY | 2.73% | C |

#### Cash Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 1041.57% | B |
| OCF YoY | 8.44% | B |

#### Operating Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.00 | E |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 0.00% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 杭州萤石网络股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "10.17%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "9.60%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "100.00%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "8.44%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "12.43%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "0.00%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.73%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "B",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "1041.57%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "8.44%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "E",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.00",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "0.00%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 工业富联 (SH.601138) | B | A | A | D | A | B |
| 02 | 环旭电子 (SH.601231) | C | C | A | C | B | B |
| 03 | 歌尔股份 (SZ.002241) | C | B | A | D | B | B |
| 04 | 华工科技 (SZ.000988) | B | B | B | C | B | B |
| 05 | 高德红外 (SZ.002414) | C | A | C | B | A | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 43.25 | 50/203 | 53.17 | 49.69 | 43.81 |
| PB | 4.23 | 104/203 | 5.04 | 4.72 | 4.28 |
| PS (TTM) | 4.13 | 47/203 | 4.93 | 4.59 | 4.19 |
| Dividend Yield | 1.16% | 46/203 | 1.15% | 1.07% | 1.00% |

## Institutional View

### Analyst Rating Distribution

> As of 2026-01-21T16:00:00.000Z

Total Analysts: **8**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 7 | 88% |
| Overweight | 1 | 13% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 30.29 |
| Highest Target | 42.04 |
| Lowest Target | 36.02 |

## References

- [Company Overview](https://longbridge.com/en/quote/688475.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/688475.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/688475.SH/topics.md) - Community topics and discussions

---

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