Ningbo Kangqiang Electronics Co., Ltd (002119.SZ) has a MoatMap StockRank of 28/100 based on Quality (40/100), Value (24/100), and Momentum (52/100) factor scores. The current signal is SELL. Ningbo Kangqiang is primarily focused on traditional semiconductor packaging materials like lead frames. While advanced packaging is a critical bottleneck, traditional lead frames do not benefit from the high-margin CoWoS or HBM transition, making this a legacy technology play with structural headwinds.
Ningbo Kangqiang Electronics Co., Ltd. manufactures semiconductor packaging materials, specializing in lead frames and bonding wires. The company is one of China's largest lead frame manufacturers, serving major global and domestic semiconductor packaging and testing (OSAT) companies. Its competitive advantage is driven by high-precision stamping and etching technologies, alongside strong cost-efficiency in high-volume production.
| Price | $4.61 |
| Market Cap | $1.3B |
| P/E (TTM) | 80.13 |
| Price/Book | 6.63 |
| Return on Equity | 8.3% |
| Return on Invested Capital | 9.5% |
| Debt/Equity | 52.22 |
| Gross Margin | 13.9% |
| Operating Margin | 6.9% |
| Revenue Growth | 49.3% |
| Dividend Yield | 0.2% |
| Free Cash Flow | $-2M |
Ningbo Kangqiang Electronics Co., Ltd operates in the Semiconductors industry, part of the Technology sector (China).