---
title: "HNA Technology (900938.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/900938.SH.md"
symbol: "900938.SH"
name: "HNA Technology"
industry: "硬件和設備分銷商"
---

# HNA Technology (900938.SH)

| Item | Detail |
|------|--------|
| Industry | 硬件和設備分銷商 |

## Company Profile

公司是經天津市政府批準于 1992 年 12 月 1 日設立的股份有限公司，股票分別在上海證券交易所主板 A 股和 B 股上市，公司以優秀的營運水平和船舶管理長期安全記錄，贏得了國內外大貨主的信任，並與淡水河谷、中鋼、五礦、浙海、廈門國貿、萬匯、澳大利亞必和必拓公司等主要客戶保持着友好合作關系。公司主要從事國際遠洋幹散貨運輸業務及上下遊相關的商品貿易業務。主要產品：有色金屬品類和農副產品。

## 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: 2026-02-20T04:30:09.000Z

**Overall: C (0.45)**

**Industry**: Technology Distributors

| Metric | Value |
|--------|-------|
| Industry Ranking | 13 / 16 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature 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 | 11.89% |  |
| Net Profit YoY | 66.14% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.65 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4.89B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.27B |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 1.46% | C |
| Profit Margin | 8.26% | B |
| Gross Margin | 1.43% | E |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 11.89% | B |
| Net Profit YoY | 66.14% | A |
| Total Assets YoY | 1.73% | C |
| Net Assets YoY | 0.10% | C |

#### Cash Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 1209.95% | B |
| OCF YoY | 11.89% | B |

#### Operating Score: E

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.14 | E |

#### Debt Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 23.28% | B |


```chart-data:radar
{
  "title": "Longbridge Financial Score - HNA Technology",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "1.46%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "8.26%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "1.43%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "11.89%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "66.14%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.73%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "0.10%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "B",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "1209.95%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "11.89%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "E",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.14",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "B",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "23.28%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 紫光股份 (SZ.000938) | C | B | A | E | A | B |
| 02 | 香農芯創 (SZ.300475) | C | B | A | D | A | B |
| 03 | 中電港 (SZ.001287) | C | B | A | E | A | B |
| 04 | 力源信息 (SZ.300184) | C | B | A | B | A | B |
| 05 | 雲漢芯城 (SZ.301563) | B | C | A | B | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 44.58 | 2/16 | 56.11 | 47.16 | 40.31 |
| PB | 0.65 | 1/16 | 0.72 | 0.65 | 0.51 |
| PS (TTM) | 3.68 | 13/16 | 4.46 | 3.79 | 3.31 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/900938.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/900938.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/900938.SH/topics.md) - Community topics and discussions

---

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