---
title: "SolaX Power Network Technology (Zhejiang) Co., Ltd. (688717.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/688717.SH.md"
symbol: "688717.SH"
name: "SolaX Power Network Technology (Zhejiang) Co., Ltd."
industry: "Electrical Components and Equipment"
---

# SolaX Power Network Technology (Zhejiang) Co., Ltd. (688717.SH)

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Location | CN Market |
| Website | [www.solaxpower.com.cn](https://www.solaxpower.com.cn) |

## Company Profile

SolaX Power Network Technology (Zhejiang) Co., Ltd. provides photovoltaic energy storage solution in China and internationally. It offers residential, and commercial and industrial energy storage inverters, batteries, all-in-one ESS, and string inverters; EV chargers; ESS and battery accessories; mo...

## 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: 2026-02-24T04:30:08.000Z

**Overall: B (0.35)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 49 / 258 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **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 | 28.58% |  |
| Net Profit YoY | -6.48% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 3.49 |  |
| Dividend Ratio | 0.98% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 15.38B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 3.69B |  |


**Multi Score**: B

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 4.27% | C |
| Profit Margin | 5.24% | C |
| Gross Margin | 32.23% | C |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 28.58% | A |
| Net Profit YoY | -6.48% | C |
| Total Assets YoY | 12.63% | B |
| Net Assets YoY | 1.06% | C |

#### Cash Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 1909.28% | A |
| OCF YoY | 28.58% | A |

#### Operating Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.54 | C |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 37.77% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - SolaX Power Network Technology (Zhejiang) Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "4.27%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "5.24%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "32.23%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "28.58%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "-6.48%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "12.63%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "1.06%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "A",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "1909.28%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "28.58%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "C",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.54",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "37.77%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | Sungrow Power Supply (SZ.300274) | A | A | B | D | B | B |
| 02 | SIEYUAN (SZ.002028) | B | A | E | A | B | B |
| 03 | Huayou Cobalt (SH.603799) | B | A | C | D | B | B |
| 04 | EVE (SZ.300014) | C | B | C | D | A | B |
| 05 | Deye (SH.605117) | A | B | B | D | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 77.74 | 139/263 | 56.64 | 47.97 | 39.57 |
| PB | 3.42 | 124/263 | 2.69 | 2.31 | 1.90 |
| PS (TTM) | 4.07 | 146/263 | 3.63 | 2.97 | 2.70 |
| Dividend Yield | 1.00% | 69/263 | 1.81% | 1.50% | 1.24% |

## Institutional View

### Analyst Rating Distribution

> As of 2025-10-29T16:00:00.000Z

Total Analysts: **2**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 1 | 50% |
| Overweight | 1 | 50% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 0 | 0% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 93.63 |
| Highest Target | 80.00 |
| Lowest Target | 80.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/688717.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/688717.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/688717.SH/topics.md) - Community topics and discussions

---

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